Source: CCTV.com

11-07-2008 09:30

China International Fashion Week opened in Beijing on Wednesday. Evidence of the global financial crisis appears much in evidence as many international brands are noticeably absent from this year's event.

China International Fashion Week

As a continuance of the event's tradition, the opening show was a dazzling mishmash of the latest creations by local designers. Each presentation offered a different interpretation of how Chinese styles blend with international trends.

Some 40 fashion designers and 150 new designers will showcase more than 60 new collections during the week.

However, compared with last year, fewer overseas brands are displaying collections. The decline comes in the wake of the world financial market crash.

China International Fashion Week

Wang Qing, Chairman of China Fashion Desingers' Assoc., said, "In past events the shows staged by overseas brands and designers accounted for 20% of the program. This year that percentage has declined to only 5-6%. "