Inaugural 2012 China Sourcing Fairs opened today at Sao Paulo
The combined events will be the largest expositions to date of China-made products in Brazil
SAO PAULO, Aug. 14, 2012 – Global Sources (NASDAQ: GSOL) announced the opening of the first China Sourcing Fairs and the co-located India Sourcing Fair today in Sao Paulo, Brazil. The sold-out events are the largest Greater China-products exhibition in Brazil, featuring more than 500 booths. This marks the growing importance of trade partnerships between quality Greater China suppliers and the burgeoning South American market.
The shows are managed by Milton Exhibits under license from Global Sources and run from today through August 16 at the Imigrantes Exhibition Center, Sao Paulo. Exhibitors are mainly from Greater China and India, representing electronics, gifts & premiums, garments & textiles and hardware & building materials.
The inaugural Fairs received strong support from mainland China and India with group pavilions of Guangdong, Huizhou and Tianjin, the Hong Kong Exporters' Association, Federation of Indian Export Organisations, and leading electronics manufacturers such as TCL, Desay and Foryou Group.
"Brazil's rise to the sixth largest economy in the world signifies a growing market for high-quality goods from China suppliers," said Tommy Wong, President of Global Sources Exhibitions.
"The middle class consumer market in Brazil represents nearly $1 trillion in purchasing power while mainland China has established itself as the country's single largest trade partner.
"The growth in Sino-Brazilian trade is well demonstrated by the early sell out of these inaugural events. We expect the Fairs to help establish a strong foundation for China suppliers to tap into the booming South American market."
Officially opening the events were:
The China Sourcing Fairs in Brazil are the most recent additions to the series of Fairs held in the up-and-coming markets of Dubai, Mumbai, Johannesburg, and Miami, which serves Latin America.
More details about the China Sourcing Fairs in Brazil are available at http://www.chinasourcingfair.com/brazil.