The Canton Fair, considered a barometer of China’s foreign trade and manufacturing outlook for the next six to nine months, has concluded in Guangzhou as dramatically as it began. Three weeks ago, the exhibition hall was shrouded in gloom. Just days before China’s largest and oldest trade exhibition opened on October 15, US President Donald Trump had threatened to impose an additional 100 per cent tariff on Chinese goods. The announcement sent shock waves through the fair, plunging exporters...

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