Posts tagged "import"

WeChat in the Supply Chain

On August 6th, President Donald Trump issued an executive order that bans US individuals and companies from doing business with WeChat citing national security concerns. WeChat has also raised some concerns in other countries such as Australia and Canada and in June, WeChat was also banned in India. What is WeChat? WeChat is China´s most popular messaging app and according to Statista the number of active accounts has been increasing steadily. In the second quarter of 2020, WeChat had o...

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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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WORLD’S CHEAPEST SMARTPHONE

New breakthrough from India. $4 for smartphone??? Wow! Skip your meal for a day and you can buy a smartphone... XiaoMi, you're not longer the cheapest smartphone, hmmm... This new "made in India" smartphone is currently the world's cheapest smartphone. Read the detail of this amazingly cheap newest India's made smartphone! Now that everyone can buy smartphone :)     "Investigated by various government authorities" Indian company, Ringing Bells released its Freedom 251 smartphone,...

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MAKE IN INDIA (PART 2)

Last time, I wrote an introduction about "Make In India", Modi's way to increase India's industry. On this second part, let's see what does "Make In India" offer to us... There are 11 elements that India is ready to offer to us, check them out!   1. AUTOMOBILES Do you know that India is the world's fifth biggest automobile market? For sure, this can climb up to number three by 2019.   Inside Tata, world's cheapest car manufacturer   2. CHEMICALS In Chemicals field, Ind...

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CHINA-ALGERIA COOPERATION

New year, new investments and cooperations for China. Being one of the world's strongest country, China has been 'down to earth' to share its capital and help other countries to improve their infrastructure. Currently, Algeria made a deal with China to build a mega sea port. It's not only big, but MEGA!   3.3 billion USD is the amount of China-Algeria deal to build and exploit the new center transshipment port of Cherchell.   Port Cherchell   The agreement was signed between...

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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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CHINA ECONOMIC SLOWDOWN WITH JACK MA

Who doesn't know Jack Ma... The current richest man in China caused by his agile Alibaba's IPO move in the US market. We know that currently, China's economy has been in the slowdown state, but what does Jack Ma think about this slowdown? Let's take a look ...     Don't You Worry About the Slowdown...   In Ma's opinion, the 'over-reacted' attention from all of the world reflects the global importance of Chinese economy. He added that continuing to strive for the double dig...

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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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3 Things to Know Before Importing into Central America

Mercatrade recently wrote about the issues what you should know before importing into Central America. As a lot of you readers are currently or have been planning on importing to Central America, also we in want to address these important issues out to you. Next, I will point out the most important areas that were discussed.   1. Strong and Growing Economies   A number of growing industries in the region are transforming the economies of Central American countries. Banking, touris...

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ALERT! Chinese New Year here again

The Chinese New Year (CNY) is like Christmas, New Years Eve and your own birthday all merged into one major holiday. It’s the time of the year when the factories shut their doors and the workers go back to their hometowns to spend some quality time with their friends and relatives. They eat, drink and wish each other luck for the year ahead. Sounds great! However, for importers the Chinese New Year is not a reason to celebrate. It’s the cause of major delays, frustration and missed deadlines...

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