Trade between China and the UAE grew 40 percent last year, to reach US $20 billion. As trade with the MENA region increases, it is clear that the China Sourcing Fairs can play a role in expanding those trade relationships by introducing the region's volume buyers to Greater China's competitive manufacturers
WASHINGTON (PRWEB) June 20, 2008
For a free copy of the report on these two China stocks, go to http://www.chinainvestorreport.com/?r=chinapr_062008
Global Sources Ltd. (GSOL) is one of two stock recommendations inside the Special Report, the "Top 2 Chinese Stocks for New Money Today." Global Sources Ltd. is a business-to-business media company that hosts trade shows, exhibition fairs, marketing websites, and develops trade publications and seminars to bring together buyers and sellers looking for goods from China-based companies and to sell in the Chinese economy.
Global Sources Ltd. provides important information to more than 170,000 suppliers and 2 million plus products annually for over 650,000 active buyers in roughly 230 countries and territories. The company has been extremely successful and has brought suppliers over 27 million sales leads each year. In addition, Global Sources Ltd. manages Global Sources Direct, an online service to suppliers for them to showcase, market and sell products wholesale on the Internet or via eBay International's network of sites.
"With the U.S. stock market still in a questionable state, my research staff at Growth Report and I looked to the East once again for solid growth potential," said Wyatt. "With 'Top 2 Chinese Stocks for New Money Today' we found true gems that are delivering the returns investors aren't finding in U.S. equities. Global Sources Ltd. is just the company that is succeeding in China, with the country bringing in most of the company's revenue. Global Sources Ltd.'s quarterly revenue totaled $40.6 million, which is a 16% increase over the same period a year ago. I anticipate and look forward to watching the company continue to expand both its clients and revenue."
Global Sources Ltd.'s clients do business with a variety of industry sectors including some of China's biggest manufacturers. This Bermuda-based China stock makes most of its revenue from suppliers in Asia, and China is its largest market bringing in more than half of total revenue for the company.
On June 13, 2008, Global Sources held its second annual China Sourcing Fair events in Dubai. Over 7,000 retailers, importers, wholesalers, distributors and others attended this three-day event that showcased a variety of new products. The event drew attendees from throughout the Middle East, Europe and other countries linking them to Chinese suppliers.
"We have been very pleased with the success of this year's event," said Global Sources Executive Director Sarah Benecke. "Trade between China and the UAE grew 40 percent last year, to reach US $20 billion. As trade with the MENA region increases, it is clear that the China Sourcing Fairs can play a role in expanding those trade relationships by introducing the region's volume buyers to Greater China's competitive manufacturers," added Benecke.
Investors looking to China and China stocks to secure their portfolios can request a free copy of the new report featuring Global Sources Ltd. along with another hot stock pick at http://www.chinainvestorreport.com/?r=chinapr_062008
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