Canton Fair sees surge in orders amid fierce competition

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THE 135th Canton Fair has recorded a surge in global orders, clearing pandemic backlogs, but participants at the fair also reported fierce bargaining over prices, squeezing manufacturers’ bottom lines, reports Caixin. Established in 1957, the trade fair held in the spring and fall in Guangzhou, is a big contributor to China’s exports, and widely viewed as an indicator of trends in the country’s foreign trade. Foshan Sol Electronic Industry Co, an inverter and energy storage equipment...

https://www.seanews.com.tr/canton-fair-sees-surge-in-orders-amid-fierce-competition/200251/

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