economy - Reed/Elsevier cancels China conference

A prestigious conference on doing business in China in the Netherlands has been cancelled by the main organizer Reed/Elsevier because they could not find the right level of Chinese participants, a Dutch website on China has announced. It was a deja-vu, since I attended last year a exhibition and conference by the German division of Reed/Elsevier. That event went on, but I was a bit shocked about the poor quality of the Chinese exhibitors, who were even blackmailed into attending an exhibition that made no sense to them.
My analysis then was: Reed/Elsevier has the wrong partner back in China. I of course offered by kind services, but that was killed somewhere in poor communication between different entities of this huge company. It still looks like their problem has not been addressed; a pity, since the November conference in November really looked very interesting.