Posts tagged "export"

GARMENT INDUSTRY IN BANGLADESH

Beside "Made in China", what other remarks do you usually find when you go shopping? "Made in Bangladesh". They don't only manufacture for common brands, but also for what we call 'branded'. Let's take a look the undercover behind Bangladesh's garment industry.     The Garment Industry In 2013, Savar Building or Rana Plaza in Bangladesh collapsed and it is considered as the deadliest garment-factory accident. Following this accident, NYU Stern Center underwent a year-long study...

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TOP 10 CITIES TO STARTUP YOUR BUSINESS

Count down the top 10 cities around the world to startup your business !   1. Beijing     China is still leading the chart! No wonder, China is increasingly focusing on higher-end, higher-margin advanced manufacturing, which “Made in China” no longer means cheap and low-quality, but high quality. In addition, China has a tax relief program for startups with annual tax deductions of up to RMB9,600 (US$1,500) to businesses established by previously unemployed workers and...

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DRONES EXPORT RESTRICTION

New month, new spirit! Well, hello August :) On this August's first article, we will discuss about the drones and high-performance computers export from China. Currently, the Chinese Government is tightening the exports of these 2 products for the national security reason. Let's read the full story!   China is tightening controls on exports of some drones and powerful computers and will require firms to register to ensure they do not “compromise national security,” state media report...

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CHINA AND LATIN AMERICA TRADE

Good day! Despite all the bad conditions in the China's stock market, its trading activities are still running well. Currently, China has been strengthening its foreign trade in various ways (such as making new policies, etc.). Not only in the trading / commerce sector, but also in the development sector. They are building the world's largest radio telescope ! In this article, you'll find out about China's current activities  focussing on Latin America or LaTam (for other reference, click her...

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Scam Alert

Hello sourcing guys!   Scam Attempt Detected   Last week, we again confronted a scam from a Chinese supplier. This scam attempt is not the first or definitely not the last one that we face. This is why I would like to inform and remind you that scams and scam attempts are going on all the time in China and greater Asia, so you need to be very careful before buying from a Chinese manufacturer.   We have previously written about scams and how to avoid them. Here is the po...

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The Chinese Freight Forwarders Scam

In the last few years we've witnessed a sharp rise in the frauds made by scammers in the freight forwarding industry in China. These frauds are done by small international freight forwarding companies in China with the focus of sea freight shipments - EX China main Sea ports.   These companies often contact importers around the world through targeted E-mail marketing campaigns, Advertisments in B2B websites and other online platforms, and they offer really low rates for sea freight operat...

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Your China shipment got delayed? Again?

When you live to make your customers happy, nothing can be more harrowing than trying to make up for a delayed shipment. In most cases, your product — developed, marketed and produced with such care — is already out of your hands before you’re aware a delay has occurred. The disappointment of your package arriving late can put a serious dent in your customer’s satisfaction, no matter how much he or she loves your product.   Unfortunately, delays in shipment are not uncommon, but p...

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Top 5 Sourcing Countries

Low Cost Sourcing Destination Options Global sourcing is one of the fastest growing trends in supply-chain management. The convergence of globalization, technology, and business strategy influences global companies’ supply chains, providing them with several options for sourcing suppliers, exporters, and traders in their respective industries.   Aside from products, global sourcing solutions also tap the services and skills being offered by different countries. One of the core reasons ...

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Supply Chain Key to Success in China

It’s no secret that China’s domestic consumption is rising rapidly. Chinese consumers are buying more of everything (from apparel and white goods to luxury items and home ware) and as they buy more, from more channels, including online, at single brand stores and from large specialty chains, domestic and foreign owned companies have to re-asses their supply chain infrastructure in China for both selling and making goods. Supply Chain in China was once an afterthought or was only thought o...

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Things To Know About The TPP

The three-year-old Trans-Pacific Partnership talks, now involving 12 nations, are aimed at lowering trade barriers across a wide range of sectors in 12 Pacific Rim counties that would stretch from U.S. to New Zealand and from Japan to Chile. TPP, arguably the most important trade agreement in a generation, emerged following nearly a decade of disappointment in trade talks. The World Trade Organization’s Doha Development Round of talks first collapsed in 2003 and effectively died with th...

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