China’s largest trade fair opens as export growth slows

China’s largest trade fair opens as export growth slows

HONG KONG, April 15 (Reuters) – China’s largest trade fair, held twice a year, opened ‌on Wednesday in the southern city of ‌Guangzhou, where more than 32,000 exhibitors are showcasing products over ​an area larger than 200 football fields.

* Held from April 15 to May 5 in three phases, the fairprovides a barometer of trade in ‌China. * It is ⁠being held after data showed China’s export engineslowed sharply in March as ⁠war in the Middle East triggeredshocks to energy and transportation, hurting global demand andexposing the risks ​in Beijing’s ​strategy of leaning ​onmanufacturing to support growth. * ‌The conflict has disrupted global growth, leaving Chinavulnerable as it has relied on foreign demand to offset aprolonged inability to revive consumption at home. * To accommodate buyers facing travel constraints, the ‌fairis holding online events and ​livestreaming, organisers said. * The expo’s ​first phase includes ​electronics, manufacturingand new energy vehicles. ‌The second phase offers housewares,building ​materials and ​furniture while the third phase featurestoys, fashion, home textiles and stationery. * The previous fair drew ​more than ‌310,000 overseas buyersfrom 223 countries and regions, ​according to its website.

(Reporting by Farah Master; ​Editing by Neil Fullick)

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