Canton Fair feels pinch of global crisis

GUANGZHOU: The global financial crisis seems to have lowered the expectations of China's exporters as the country's leading trade fair, commonly known as the Canton Fair, opened yesterday.

"The financial turbulence may have a relatively big impact on China's exports. We need to be on high alert," Vice-Minister of Commerce Gao Hucheng said.

Viewed as the barometer of Chinese exports and imports, the autumn session of the biennial fair in Guangzhou will run till Nov 6.