Chinese companies signed a combined $57.83 billion worth of intended one-year deals at the country’s first import fair this week, China Central Television reported, as the government seeks to boost demand for foreign goods amid trade tension with the U.S.
Interviews by Bloomberg News at the trade fair with dozens of executives trying to break into or expand in China underscored the many industry-specific barriers that have to be negotiated to gain access, and some industries remain closed entirely.