US sanctions turn away Canton Fair’s Western buyers

Chinese manufacturers were disappointed to see a decline in the number of buyers from Europe and the United States in this week’s Canton Fair, the largest trade show in China, as Western demand was hit by high inflation and interest rate hikes. Some exporters complained that they paid higher booth fees but were approached by fewer […]Continue Reading

Lessons from Chinese sanctions on Australian imports

From May 2020, Beijing blocked the import of roughly a dozen Australian goods for which China was the major market, cutting imports worth around A$20 billion (US$13.4 billion) annually. The deteriorating political relationship between Canberra and Beijing was the proximate cause, but a trade deal between Beijing and Washington involving increased Chinese imports of US […]Continue Reading