Buyers return to China's largest trade fair but orders still elusive

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Buyers return to China's largest trade fair but orders still elusive
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Spice Up Your Life with Homemade Pumpkin Spice: No Bake Pie | SaltWire #shortsvideo #cookingshortsGUANGZHOU - Foreign buyers returned in force for the autumn round of the world's largest trade show, heading towards pre-COVID numbers, but Chinese sellers said orders remain low as Christmas nears, with few expecting global demand to recover soon.

"You would never know COVID had happened," said David Holmes, a British buyer for the hospitality industry in Britain and North America, who has been visiting for more than 15 years. Ten exporters who normally do much of their business in Europe said sales there were down 10% to 30% this year. "We do a lot with German markets and if they're not strong, then Western Europe's feeling unstable."

While orders were finished for this coming Christmas, Chen was still hopeful for an improvement by the second half of 2024.

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