Once again, the Canton Fair is going to be an online-only event, but many of China’s export manufacturers say that diminishes the value of the long-running showcase of goods. Photo: Bloomberg
China’s Canton Fair losing its lustre among export manufacturers and buyers who bemoan virtual forum
- The rise of the digital economy and e-commerce, coupled with mounting geopolitical tensions and the coronavirus pandemic, have diminished some expectations for the biannual event that begins on Thursday
- Chinese manufacturers, increasingly cautious about expanding operations amid global uncertainties, have scaled back plans for the long-running exhibition
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Once again, the Canton Fair is going to be an online-only event, but many of China’s export manufacturers say that diminishes the value of the long-running showcase of goods. Photo: Bloomberg