The Beijing Hour 30,000 companies attend Canton Fair
Oct 15, 2024
Ross Cullen, a reporter covering the Paris Auto Show, sheds light on the bustling Canton Fair in Guangzhou, which hosts nearly 4,600 companies for the first time. He discusses the impact of new EU tariffs on Chinese electric vehicles, raising concerns for local manufacturers. The podcast also touches on South Korea's response to North Korea's recent actions, along with China's ongoing diplomatic engagement with both Israel and Iran, highlighting the broader implications for global trade and security.
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Canton Fair Participation
- Over 30,000 companies attended the China Import and Export Fair (Canton Fair).
- Nearly 4,600 companies exhibited for the first time, with 90% of the world's top 250 retailers present.
Chinese Carmakers at Paris Auto Show
- Chinese carmakers attended the Paris Auto Show despite new EU tariffs on Chinese electric vehicles.
- One manufacturer plans to start production in Europe to avoid the tariffs.
North Korea Destroys Roads
- North Korea destroyed roads connecting it with South Korea, escalating tensions.
- South Korea condemned the move, blaming North Korea for worsening relations.