Buyers from emerging financial markets are stepping forward

Buyers from emerging financial markets are stepping forward, pick on the slack as orders from developed nations slow. Canton Fair At a just-ended Canton Fair, a biannual event observed as barometer of China's foreign trade, orders from BRICS members India, Brazil, Russia and South Africa increased 5.2 percent year-on-year, while those from Middle Eastern countries rose 3.8 percent.
Canton Fair 2013 organizers also signed several cooperation agreements with financial organizations, including China Construction Bank, China Export and Credit Insurance Corp, UnionPay International and BOC Paypal Or Credit Card (International) Ltd, that jointly provide online trade financing, loans and credit grading services for Chinese exporters.
Some Chinese exporters electronic fair said they normally use the e-commerce platform to increase their overseas sales.
"In last year, we depended on the Canton Fair match new business and secure orders, yet now it serves more currently being platform to encourage our brands and corporate culture,"said Zhang Ye, deputy general manager within the international marketing department at Hisense Group.