Exporters on the largest trading exchange in China said not to leave early
(Bloomberg) – Exporters on the largest China trading scholarship have been discouraged from closing or leaving their stations early, as organizers lead them to maximize opportunities to attract sales amid an increasing trade conflict with the US. The first phase of the Canton Fair was from Tuesday to Saturday, while the next April 23-27 is. The last one is from May 1-5. ‘The foreign trade situation is grim and complicated’, according to a notice by the organizers of the Canton Fair to Business Delegations and Trade Associations. The circular is widely distributed on Chinese social media platforms, and verified by two exhibitors who refused to be identified. “Don’t dissolve the huts early, and staff should not leave the exhibitions early,” said the notice dated earlier this week, and it was “better to help use the Canton Fair platform to expand markets and obtain orders.” President Donald Trump’s 145% rates on imports from China have created a crisis for many of the country’s exporters. Beijing tried to support these firms by promising to promote domestic consumption, accelerating government spending and creating more opportunities to sell to local clients. It is unclear what conference organizers hope to achieve by asking exhibitors to stay until the end, as companies pay for their own huts and staff people. Canton Fair organizers did not immediately respond to a request for comment outside ordinary working hours. “If businesses are found to withdraw their huts and exhibitions in advance, the qualification of the business group for the current exhibition will be canceled,” according to the notice. -with help from James Mayger. More stories like these are available on Bloomberg.com © 2025 Bloomberg LP first published: 19 Apr 2025, 05:14 IST