Canton Fair may feel crisis woes

The global economic downturn is likely to impact China's largest trading expo, China Import and Export Fair, a spokesman for the event said yesterday.

Mu Xinhai said this year's spring session of the fair, commonly known as Canton Fair, would be the most difficult one in recent years as the global financial crisis has spread.

The fair saw a dip in business last October, when the crisis was just beginning to be felt. The number of overseas buyers who attended the autumn fair dropped by 9.08 percent and the value of exports reached during the event fell by 17.5 percent.