China Financial News Headlines

October 20, 2008

104th Guangzhou Trade Fair

Filed under: financial news — Tags: , , — kinpoo @ 5:11 am -0500

Canton Fair Perspective: Chinese enterprises found “chance” from “danger”
The global trading market’s attention, 104th Guangzhou Trade Fair ended the first phase of 19. Although the financial crisis is widening and affecting the real economy, and the global consumer market in the doldrums. But all the signs show that a number of Chinese enterprises in the turbulent are making efforts to blaze a trail of market, and ahead of schedule and layout, looking forward to a year later global economic arena.

Financial crisis impacted on the ironware industry of China, leading to 40% enterprises difficult to survive
Afected by the financial crisis, recently there were only 25%-30% enterprises keeping good business, about 40% enterprises difficult to survive with some of them out of business or bankrupt.

Canton Fair: “Made in China” to “chi-made” as upgrade appeared
“Made in China “is now faced with the costs from the market and exchange rate factors such as severe challenges. A lot of small and medium-sized exporters are in the difficult, and part of elites using technological innovation tool for the business, came to the fore.

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