The China-US trade war affected activity at the spring Canton Fair. Photo: Xinhua
China’s Canton Fair sees drop in orders and visitors as US trade war bites
- Export orders totalled US$29.6 billion, down 1.1 per cent from the same period last year and a 0.9 per cent decline from the previous fair in November
- Competition from belt and road country exhibitors grows for Chinese exporters
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China economy
The China-US trade war affected activity at the spring Canton Fair. Photo: Xinhua
China’s northeast rust belt hopes to revitalise growth and regain its place in the world’s second largest economy. Photo: Reuters
China’s Northeastern rust belt was once ‘eldest son’, now struggling as runt of the litter
- Liaoning, Jilin and Heilongjiang were birthplace of China’s industrialisation in 1950s, but now contribute just 6.3 per cent to gross domestic product combined
- People's Republic of China founding father Mao Zedong called the region the country’s ‘eldest son’ on whose shoulders the family’s future rests
Topic |
China economy
China’s northeast rust belt hopes to revitalise growth and regain its place in the world’s second largest economy. Photo: Reuters