News Snapshot:
The handful of foreign buyers who showed up at China’s biggest trade fair because of strict quarantine rules was a disappointment. The lacklustre presence contrasted with the thousands who usually crowded into the Canton Fair before the pandemic. Last year, the fair had to move online with exhibitors live-streaming their products. Still, overseas orders have been coming in for China’s legions of exporters via other channels such as e-commerce. These days, the real threat is not the lack of business but inflation, rising costs, tied-up logistics and disrupted supply chains. This year, for the first time, domestic buyers were allowed...
