Exporters at China’s largest trade fair said not to leave early

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The first phase of the Canton Fair was from Tuesday to Saturday, while the next will be from 23-27 April. The last one is from 1-5 May.

“Foreign trade status is serious and complex,” according to a notice of delegation and business associations by the organizers of the Canton Fair. The circular is widely aired on Chinese social media platforms, and is verified by two exhibitions, which were refused to identify.

The notice dated early this week said, “Do not destroy booths quickly, and employees should not leave exhibitions quickly.”

145% tariff on President Donald Trump’s import from China has created a crisis for many exporters of the country. Beijing has tried to support these firms by promising to promote domestic consumption, accelerate government spending and create more opportunities to local customers.

It is not clear what the organizers of the conference are expected to achieve what the exhibitions to stay up to the end, as companies pay their own booths and people to staff to staff. Canton Fair organizers regularly did not respond to the request of comments out of commercial hours regularly.

According to the notice, “If the enterprises are found to withdraw their booths and display in advance, the business group qualification for the current exhibition will be canceled,” according to the notice.

-With help from Zems Meger.

Such more stories are available Bloomberg.com

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