The Iran war is giving Xi the upper hand with Trump
China’s largest trade show is now under way in the southern city of Guangzhou. The Canton Fair is a colossal month-long affair with around 32,000 exhibitors and is often described as a shop window for Chinese manufacturers – a barometer of the China trade – where just about anything and everything can be bought. This year the mood is subdued. "The specter of the Iran war hung heavy like the banners inside the gigantic exhibition halls," as Bloomberg described it. Exhibitors reportedly complained of soaring costs and falling orders, most notably from the Middle East.