GUANGZHOU, May 8 (GCTL) - Export transactions value decreased for the first time since 2009 with export deals value dropping 2.3% to US$36.03 billion, according to Liu Jianjun, spokesman of the spring session of the biannual Canton Fair, or the 111th China Import and Export Fair.
The fair, which closed on May 5, was down 4.8% than the figure at the autumn session of the fair, Liu said, adding that this was the first volume decrease since the spring of 2009 as economic crisis hit the world from 2008.
"Debt crisis from European Union countries and tough job market in the United States were among the factors that have caused the decrease of exports (via south China ports such as Yantian port)", he was quoted as saying in a Guangzhou Daily report.
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