Visitors attend the China Import and Export Fair, also known as Canton Fair, in the southern city of Guangzhou, China April 16, 2018. REUTERS/Tyrone Siu
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Amid gathering gloom over the state of the Chinese economy, exporters of motorcycles, tractors, photocopiers and Christmas tree lighting will join thousands of other companies peddling their wares at China's largest trade fair Monday. Many of those exporters will have something in common uncertainty over future U.S. orders as a trade war with the United States rages.The United States over the summer levied tariffs of up to 25 percent on $250 billion of Chinese goods as punishment for what it says are unfair trade practices by China.The latest tariff salvo represented half of the $500 billion of products that the United States bought from China last year.At the spring session of the twice-a-year Canton Fair in Guangzhou, only a quarter of the exporters whom Reuters spoke to said they expected a full-blown trade war.The trade war with the United States is complicating an already weakening picture of growth in China this year.Monthly growth in retail sales, one gauge of China's consumption, dipped below 10 percent in April where they have remained since.China's foreign trade growth may slow in the fourth quarter, the country's customs agency said Friday.
FOLLOW THIS ARTICLE