Tuesday, April 08, 2008

BSG quoted in TradeShow Week article

TradeShow Week magazine in the US has put together a very thorough review of the possible impact of economic slowdown on the exhibitions business. Given the publciation's focus, it naturally concentrates on the US situation. It does, however, also report on the possible impact on China and Editor Michael Hart interview BSG's Paul Woodward, CMP Asia's Michael Duck and CIEC's Zheng Shijun for the article. Highlights:-

“We recorded 30-percent growth in 2006,” Woodward said. “It seems impossible to continue that in '07. If there is any slowdown, it's probably more of a maturing process. In other words, there might be 8- or 9-percent growth instead of 30 (percent).”

“If South China is going to get some slowdown in manufacturing because of a slowdown in orders from the U.S., then there could be something latent to care about,” Duck said.

The China Import & Export Fair, better known as the Canton Fair, takes place April 15-30 in Guangzhou, and sections of the China Sourcing Fair take place April 12-15 and April 20-23 at AsiaWorld-Expo in Hong Kong.

“Those are entirely driven by exports,” Woodward said. “The attendance figures there will be very interesting to watch.”

“It's still a little early to tell,” Woodward said. “We're just getting into the main trade fair season.”



But go ahead and read the whole piece. It's very interesting.

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