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CHINA’S ECONOMY NOW

Buenos! It's been super sultry here in China during the summer and the heat is added up by the current unstable market condition. So today, I decided to choose this current hot issue in China: China's Economy Now. I gathered the information from some sources and happy reading ..... With industrial profits sliding, factory activity retreating and the stock market on wild swings, China's economic future seems blurry.   However, positive changes in the fundamentals can not be ignored and ...

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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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RMB TO TRADE IN A WIDER RANGE

We know from the news that China's capital market is in a hot mess, but what about the trading sector? The Chinese government just set up a policy to improve the exchange rate mechanism and expand the scale of the RMB trade settlements to boost its export. Check the article below to know more details (click here for other reference). China's decision to allow the renminbi to trade in a wider range against the US dollar will help boost exports and improve use of the currency globally, experts s...

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CHINA GROWTH RATE 2015

Hello everyone,  another week has just begun! In this beautiful Monday, I will bring up the issue about the China growth rate 2015 analysis. China has been surprising us for the past few years with its economy growth. Even though now, China is running into the economic slow down,  so many analysts believe that, this 'Middle Kingdom' country will keep make us wonder in the future (click here  for more information about "Why China Matters?"). "With high rate of investment and consumption, I t...

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HOW TO EXPAND YOUR BUSINESS IN CHINA

Hello Friday! Today, I will provide you the ultimate guide to expand business in China. As we know from the news that in the 2015, China has replaced the USA to be the world's largest economy. So many opportunities welcome you to invest and expand your business in China. But, here rise some questions about how to do it. In this article, let's dig in the factors that you should consider in expanding your business in China. These various factors include an entity structure (e.g., a wholly fore...

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CHINA and CHILE FTA

Hello Monday, I bring good news for you! This is about the China and Chile FTA, and the newest update of its FTA (Free Trade Agreement). An avoidance of DTA (which stands for Double Taxation Agreement) was signed last May by the Premier of PRC, Li KeQiang and other delegation of Chinese senior officials went to Chile. On that particular visit, China and Chile also updated their Free Trade Agreement and agreed to set up an RMB clearing centre in Chile.   Let's dig a little deeper... ...

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NINGBO PORT VISIT

The first thing that comes out from people's mind when they hear about Ningbo is 'Seaport'. Since more than thousand years ago, Ningbo has been known as one of China's major ports for foreign trade, and today I'm excited to share with you about my colleague's visit to Ningbo Port. Before I get started, let me be clear to you. Ningbo Port is not only used to mention the port of Ningbo, but also is a name of the company who manage the port: Ningbo Port Group Co., Ltd. So, last week my ...

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Trade Shows in China 2015 (July-August Period)

MACAO INTERNATIONAL GEM FAIR 2015 Date & Time : Monday 27.7.2015 to Thursday 30.7.2015 Venue : The Venetian Macao Resort & Exhibition Centre ( Hall A+B) - China Products : Precious Stones, Pearls, Diamonds, Fine Jewellery, Others (display & packaging, etc.) Exhibitor : Local 70%; International 30% (more than 10 countries) Trade Highlight : The demand of Asia's gemstones, pearls, diamonds and fine jewellery are growing from time to time. The Macao International Gem Fair conce...

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Best Updates from CSIC

Hey guys!   Founded in 2010, the China Sourcing Information Center (CSIC) is a not-for-profit organization that exists to educate, develop and advance the China sourcing profession.   The CSIC publishes great content each month targeted to buyers who want to learn how to safely source in China. During the previous months, the best updates from CSIC include crash courses about sourcing in China. This means 9 videos about finding suppliers, safe sourcing, project management, quali...

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How to Pay your Chinese Supplier?

Different payment methods in China The questions a new importer faces are always: "How to pay my Chinese Supplier?" and "What is the safest way to pay?"   In this post, I briefly introduce two different payment methods that are the most common ones among importers, as well as their popularity, risk and acceptability. There are a lot of articles written about other payment methods and their differences. For example SourceJuice introduces various options for paying a Chinese supplier, and...

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