Canton International Trade Exhibition Opens

The Canton International Trade Exhibition, or Canton Fair, opened 15 October in Guangzhou. It is the largest international trade exhibition in the world. It runs until 4 November, with 30,000 companies represented and nearly 4 million products. 147,000 marketers, traders and business people are already registered to attend. This year the exhibition will highlight new trends in manufacturing, home life quality, and EV truck developments that promote a greener world.

What makes this so interesting is that with all the various opinions on the outlook for the economies of the world, traders and merchants are behaving quite optimistically as they descend on the fair. Hopefully this is a good sign.

What say you?

I saw a bunch of interviews with stall holders saying that there are almost no buyers/visitors from wealthy western nations or Japan, or S Korea this year. Lots of visitors from low income countries trying to get cheap deals, but not much demand for the higher quality and more expensive products. Sounds like they are seeing lots of visitors from the BRICS nations and Africa iirc.

Ishm said:

I saw a bunch of interviews with stall holders saying that there are almost no buyers/visitors from wealthy western nations or Japan, or S Korea this year. Lots of visitors from low income countries trying to get cheap deals, but not much demand for the higher quality and more expensive products. Sounds like they are seeing lots of visitors from the BRICS nations and Africa iirc.

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It's become more international politics than international trade.

The CCP economy is in the tank as the Chinese will not expend household income that averages in the sixtieth percentile among the G-7 and EU economies. Household spending remains in the fortieth percentile in China and this is for two main reasons. One is the Chinese compulsion to save, save, save. The other is why historically the Chinese save, which is that every dynasty has failed. Accordingly, Chinese people know they need to be ready for more than a rainy day, they know they need to be ready for yet another long monsoon.

Then there's the CCP Mercantile economy that is oriented toward production for export rather than manufacturing for domestic consumption. The current stimulus Xi and his CCP are implementing includes cash grants to families to get 'em to spend and reignite the manufacturing economy. Trouble is the manufacturing capacity for domestic consumption is small to begin with and weak under current fears that GDP is standing at the open doorway to zero growth and worse. The current stimulus is a desperate attempt by the CCP central bank to stop the terminal plunge into minus growth.

SayMyName said:

The Canton International Trade Exhibition, or Canton Fair, opened 15 October in Guangzhou. It is the largest international trade exhibition in the world. It runs until 4 November, with 30,000 companies represented and nearly 4 million products. 147,000 marketers, traders and business people are already registered to attend. This year the exhibition will highlight new trends in manufacturing, home life quality, and EV truck developments that promote a greener world.

What makes this so interesting is that with all the various opinions on the outlook for the economies of the world, traders and merchants are behaving quite optimistically as they descend on the fair. Hopefully this is a good sign.

What say you?

Continuing to Lead the Market: the 136th Canton Fair Opened on October 15 in Guangzhou

/PRNewswire/ -- The 136th session of China Import and Export Fair, widely known as the Canton Fair, officially kicked off on October 15 in Guangzhou. Spanning...

www.prnewswire.co.uk

136th Canton Fair to Boost Global Trade with New Records in Exhibitors and Activities

The 136th China Import and Export Fair (Canton Fair), set to take place from October 15 to November 4 in Guangzhou, China, will feature new records in exhibitors and activities. Spanning three phases with both online and onsite exhibition, the Fair aims to serve high-quality development and...

finance.yahoo.com

Welcome to Canton Fair 2025 Autumn, China Import and Export Fair October

www.cantonfair.net

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Yeah, Canton in southernmost China at the South China Sea has always been the "open" area of China to western foreign devils. The people there still speak Cantonese among themselves, away from official channels that require Mandarin.

I lived in Ye Olde Canton during my 10 years working and living in the CCP-PRC. I attended two different Fairs while I was living and working in Guangzhou, then once while the same in Shenzhen which as you'd know are a stone's throw apart.

I saw several unauthorized street demonstrations by large numbers of Cantonese demanding to speak their native tongue of Cantonese. To no avail of course. One very liberal governor sent the police to escort their unauthorized march through streets to include diverting motorists who gave the V sign, honked horns and egged 'em on.


Each time I attended the Fair was with factory owners I worked for in each city, most of whom owned several factories. I hung out in their stalls for a while each time but roamed a lot on my own through the vast spread of lanes with what I'd hardly call stalls. A good number of the display stations were quite done up to include elegant and that looked more permanent than they were.

Lots of uniformed police to see your tag hanging from around your neck. Lousy box lunches btw. Walk a mile from the parking. The Chinese being Chinese, station staff never talked to adjacent and neighboring station personnel, their being strangers and all. Lots of interesting products to see and get the sales pitch about. I must have walked a hundred miles each time there.