People visit the Russia pavilion during the second China International Import Expo in Shanghai, on November 6, 2019. Photo: Xinhua

Free-spending shoppers stock up on premium consumer goods as US$71 billion worth of deals are signed at China import expo

  • Deals at the second edition of the China International Import Expo rose 23 per cent from last year
  • New Zealand-based Fonterra, the world’s largest dairy exporter, signed deals totalling 18 billion yuan with Chinese partners including Alibaba Group Holding and New Hope Group
Topic |   Consumers

TOP PICKS

People visit the Russia pavilion during the second China International Import Expo in Shanghai, on November 6, 2019. Photo: Xinhua
READ FULL ARTICLE
Xi Jinping used his keynote address at the China International Import Expo to underline China’s commitment to opening up its economy. Photo: AFP

China will open market further in push to bring down global trade barriers, Xi Jinping tells import expo

  • China’s president has urged global leaders to bring down trade barriers and resist protectionism in a speech at the China International Import Expo
  • Xi’s comments come a day after the closing of the Canton Export Fair, at which export orders fell for the third year in a row amid the US trade war
Topic |   China economy

TOP PICKS

Xi Jinping used his keynote address at the China International Import Expo to underline China’s commitment to opening up its economy. Photo: AFP
READ FULL ARTICLE