Monthly Archives: September 2012

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China slowdown is bad news for Europe
13.04.12 @ 19:26

Related› No trade war with China, EU presidency says› Van Rompuy to draft plan for deeper economic union› Officials, diplomats want even more EU secrecy
By Philip Ebels.BRUSSELS – China’s economy so far this year grew slower than ever in the last three years, spelling bad news for its biggest trading partner, the European Union.

The second-biggest economy in the world grew by a mere 8.1 percent on a one-year-basis during the first quarter of 2012, the country’s national statistics bureau announced on Friday (13 April), down from 8.9 percent during the last quarter of 2011 and “significantly lower than expected,” Maarten-Jan Bakkum, emerging market analyst at ING, told EUobserver.

Faced with a fragile global recovery and hesitant demand, China’s famously export-driven economy has been abating for several years now. Early last month, the country’s leadership lowered its 2012 growth target to 7.5 percent, down from 8 percent last year.

The new numbers, however disappointing, are still high and relatively stable. By comparison, the EU’s economy grew by only 1.5 percent last year and is expected not to grind to a halt this year, while the eurozone is already in recession.

For the long term, then, these figures may not be of much significance. China is widely believed to remain a strong driver of global economic growth as its billion-strong population begins to buy products on the world market.

“We believe the economy will continue to maintain a moderately steady growth in the future,” Sheng Laiyun, a spokesman for the national statistics bureau, told state press agency Xinhua.

But for the short term, experts say, the numbers are bad news for Europe, whose economy is closely interlinked with that of China. They not only confirm Europe’s own fragile recovery as it imports less from China, but also indicate a future withering demand for European products.

“The news is very relevant for Europe,” says Bakkum. “The little amount of good news coming from Europe comes from Germany, which is highly dependent on the export to China.”

Europe’s main export product group are machinery and transport equipment. “All factories in China are filled with European equipment,” says Bakkum. A slump in production in China, then, would result in a slump in demand from Europe.

The European Commission, for its part, refused to comment. “We don’t comment every time there is a new statistic,” Olivier Bailly, a commission spokesman, told reporters in Brussels.

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China International outdoor& leisure Fair (china outdoor funiture, china garden furniture, china patio furniture)


China International outdoor& leisure Fair is the largest outdoor furniture fair in the world. That is a good opportunities for the foreign buyers to find good China outdoor furniture China outdoor furniture , China garden furniture China garden furniture and China patio furniture China garden furniture .

More Opportunities: Almost 30,000SQM space will attract about 200 quality suppliers to offer more values for your business.
More Specialized: Outdoor & Leisure Guangzhou 2012 will further showcase the full exhibits profile of outdoor living & Leisure life, combining outdoor furnishing, garden decorations and outdoor activities together for a more professional presentation.
More Comprehensive: Outdoor & Leisure Guangzhou 2012 will be continually held alongside with other three theme-fairs of CIFF Home Furniture, Homedecor & Housewares China, Hometextile China-Intertextile Guangzhou under one roof.
More Internationalized: strengthening recruitment in China’s manufacturing bases, Outdoor & Leisure Guangzhou 2012 will exert to enlarging the proportion of Asian and European exhibitors, thus pushing forward internationalization.

Outdoor & Leisure Guangzhou 2012
With a scale of almost 30,000 sqm, including about 200 exhibitors China International Outdoor & Leisure Guangzhou 2012 will showcase the full exhibits profile of outdoor living, outdoor furnishings, garden decorations and outdoor life together, to create a world-class trade platform. The fair will introduce and deliver the latest trend and design of 2012 in outdoor living. Besides, the professional and informative activities will further help you get the insight of the industry.

China Foreign Trade Centre (Group)
China Chamber of Commerce of Foodstuffs and Native Produce
Host: China Foreign Trade Guangzhou Exhibition General Corp.
Admission: Trade Only. Visitors under 18 will not be admitted.

Exhibit Profile
Outdoor Living
Garden Furniture
Leisure Tables & Chairs
Sun- shading Equipment
Outdoor Items
Outdoor Activities
Barbecue Items
Outdoor Tents
Garden Decorations, Tool and Equipments

Our company: Shanghai chiyang Leisure Product Co.,Ltd attent Canton fair every year and also get good feedback. this is our website:

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