Foreign Buyers Flock to China Trade Fair for Cheap Deals While China Seeks to Move Up Value Chain

• Foreign buyers flocking to China's largest trade fair seeking deals on Chinese goods flooding global markets • China shifting resources to manufacturing and away from property to move up value chain, causing concern in U.S. and Europe • Keyword at fair will be 'low price' as overcapacity and weak domestic demand force manufacturers to cut prices • Fair showcases China's effort to move up value chain but 'new three' industries still small share of exports • Fair highlights contradiction between developed countries' government preferences and business priorities chasing deals