Posts tagged "Asia"

International Sales Contract

Jorge Millan & Ivan Hernandez An international sale contract is a binding agreement between the parties in which it establishes the commitments acquired in the transaction, that is, it is the formal beginning of the relationship between the supplier and the buyer, regardless of the country in which they are located. As we have mentioned in our previous articles, an efficient sourcing of supplier and analysis is the fundamental part of any international purchasing project. Likewise, we ...

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COVID-19 IMPACT ON OCEAN FREIGHT PRICES

Plan  your container bookings on-time and be aware of sudden cost fluctuations. In August, the peak season for freight started just as the previous years, however, this year Is different due to the pandemic. Although we know that during these months, prices go higher and capacity reduces, the pandemic has been added to the equation that makes more difficult the transportation of goods around the world. According to the International Maritime Organization, maritime transport is essential to t...

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CHINA’S LIGHTING INDUSTRY

Last time, we've discussed about the IP protection in China. Today, we'll discuss about the more specific issue regarding this IP protection. When China committed to restrict its IP protection, the government also paid more attention to several critical issues and one of them is related to the lighting industry.     Growth in Lighting Industry   Recently, there has been an extravagant growth in the lighting industry as improvements in the China's intellectual property en...

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CHINA’S MANUFACTURING SECTOR NOW

As we know, currently China's economic condition is not really good. After periods of massive growth and development, the manufacturing sector is surely changing. Many reasons and factors define this change. Things like demographics change, hiring practices, technology, and markets are changing China's manufacturing sector. We will discuss some of them in this article and don't worry! These changes are not that negative. It will just change the way investors operate their factories and ...

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CHINESE PEOPLE ATTITUDE TOWARDS BRANDS

China may be closed to the outer world one time, but when it opened its door the the outer world, well, you can conclude yourself :) . I wrote this article to give you more insight about Chinese people attitude towards brands. It's very important, moreover for you, who want to enter the Chinese market.     Research Says... Based on research that was done by Cohn & Wolfe about the authenticity of the brands in the eyes of consumers, financial brands like the Bank of China a...

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WELCOMING SHANGHAI DISNEYLAND

It has already fixed that Shanghai Disneyland will be opened on June 16, 2016. On the other hand, China's pollution is still kinda a serious problem. Sometimes, you can't see that clear blue sky. What will China do to make Shanghai Disneyland become "children's happiest and most beautiful place"? What will they do to maintain the clear blue sky above Shanghai Disneyland? Stay with me till the end of this article and you'll find out how creative China is.   Old factories: It's time to say ...

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STEEL PRODUCTION RESTRICTION

China is the world's biggest steel producer, accounting for around 822 million tonnes a year. There was a call from the US, Canada, the EU, Japan, Mexico, South Korea, Switzerland and Turkey to restraint the world's steel production. The call was raised due to the failure of international talks to find measures to tackle the industry crisis.   Selling Steel at a Loss In the past months, record production in China has led to criticism. Analyst saw it as a distortion for international ...

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CHINA’S SEMICONDUCTOR INDUSTRY

Yesterday, I wrote a final essay about how technology changes the way we live. As I reflect, can you imagine how that thing changes our life in many aspects! In daily life, we are spoiled by the internet. Fast, fast, fast. Everything's becoming more and more instant. Even the nature of business has been changing.   Recently, I've been attracted with China's commitment in improving quality. Yes, quality, not quantity anymore. If you are following news about China, China has been helping m...

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CHINA’S PRIORITY IN IP PROTECTION

Last time, we've discussed about one of the biggest downside in China's industry: counterfeit. Chinese government has been trying to beat the counterfeit and increase the Intellectual Property or IP protection. So far, Chinese government has found some brilliant ways to fight the counterfeit. Let's find out the details!   Innovation Stream in China Don't underestimate China! Like I always say, they're really serious in improving their quality and innovation. This innovation has been le...

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“BREAK INTO PRISON” SEASON SPRING

If the US has an amazing TV Show "Prison Break", then China has its own version of the opposite "Break Into Prison". Sounds funny, right? Let's read the whole story!   American Version   vs   Chinese Version     Spring is coming in China! It was marked by the most celebrated holiday: The Chinese New Year, which is celebrated in the beginning of Spring each year. But, the winter lasted longer this year in China. How 'bout in your place? Is it the same? &n...

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