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

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Xi Jinping used his keynote address at the China International Import Expo to underline China’s commitment to opening up its economy. Photo: AFP
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The Canton Fair, which was held in Guangzhou for three weeks from October 15, is seen as a gauge of the health of China’s economy and its trading conditions, which are both under increasing pressure caused largely by the trade war with the United States. Photo: Xinhua

China’s Canton Fair suffers third straight decline in export orders as trade war weighs heavily

  • Exporters at the autumn session of the Canton Fair signed deals worth 207 billion yuan (US$29.4 billion), a drop of 1.9 per cent compared a year earlier
  • In total, 186,015 buyers visited the event in Guangzhou, down 2 per cent from a year earlier, with organisers having expected some 200,000 buyers to visit 60,767 booths
Topic |   US-China trade war

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The Canton Fair, which was held in Guangzhou for three weeks from October 15, is seen as a gauge of the health of China’s economy and its trading conditions, which are both under increasing pressure caused largely by the trade war with the United States. Photo: Xinhua
READ FULL ARTICLE