Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
China-Built Tesla Model 3 to Go On Sale Friday
Ant May Join Race for Singapore Virtual Bank Licenses
Didi Chuxing to Test Robo-Taxi Service in Shanghai, CNBC Reports
LATEST
Canaan Shares Up and Down on First Trading Day After U.S. IPO
Chinese Official Talks Up 5G Subscriber Base With Veiled Criticism of U.S. Policy on Huawei
China Revises 2018 GDP Upward, Citing Changes in Basic Data
U.S. Allows Some Firms to Restart Sales to Huawei, Including Microsoft
New Energy Vehicles Struggle to Find Mass Audience
Alibaba Shares Attract High Gray-Market Bids as Hong Kong First Trading Day Looms
Chinese Officials Reveal New Details of Country’s 6G Research
Meituan Posts Second Consecutive Quarterly Profit
Making Reference to ‘State Secrets,’ China Moves to Restrict Vulnerability Disclosures
Huawei Lawyers Present New Legal Argument to Stop Meng Wanzhou Extradition To U.S.
Third Quarter Earnings Show Parcel Delivery Price War Rages On
China Won’t Arbitrarily Adjust Historical GDP Data, Statistics Official Says
NetEase’s Youdao Posts Both Soaring Revenues and Widening Losses in Q3 Earnings Report
Beijing Police Work With Private Company Sinogene to Admit Six Cloned Dogs
Chinese Bitcoin-Mining Firm Raises $90 Million in U.S. Listing
Tencent-Backed Yeahka to Seek $300 Million in Hong Kong IPO
Pinduoduo Shares Plunge After Report of Wider 3Q Loss
Billionaire Wang Jianlin’s Son Released From Spending Ban
China-Built Tesla Model 3 to Go On Sale Friday
U.S.-Blacklisted Chinese AI Firm to Seek Hong Kong IPO Approval: Report
Export Orders Slide at Canton Fair Amid Trade Headwinds

By Peng Yanfeng and Tang Ziyi / May 06, 2019 03:34 PM / Society & Culture

Photo: IC Photo

Photo: IC Photo

China’s largest trade fair has seen drops in both orders and visitors this spring amid domestic headwinds and China-U.S. trade disputes.

The Canton Fair, which is widely seen as a barometer of China’s foreign trade, attracted 195,500 buyers in this spring’s three-week session, which closed on Sunday – down 3.9% from last spring’s session, a spokesperson said. The total value of export orders signed at the fair dropped 1.1%, to $29.7 billion.

The downturn comes amid this year’s unstable and complicated trade environment for China, both domestically and globally, the spokesperson, Xu Bing, said at the closing of the fair.

U.S. President Donald Trump indicated a further escalation of the trade dispute between the world’s two largest economies on Sunday by saying in a tweet that he would increase tariffs on $200 billion of Chinese goods.

Related: Opinion: In Trade War, Intellectual Property Isn’t the Main Problem

Share this article
Open WeChat and scan the QR code