Posts by itorres

Sourcing of Suppliers during Travel Restrictions (1 out of 4)

Regardless the industry, scale or magnitude of your international purchase, the first stage of the project is to have a supplier that manufactures your products at competitive prices, with the delivery times that you expect under the desired quality standards. However, the main challenges and questions that international buyers face are: How do we find potential suppliers for my purchasing projects in China? How do we know that the identified supplier is a reliable source and does not represent ...

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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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Where China Offer Uncensored Internet

By James Pomfret and Yimou Lee of Reuters ddddd SHENZHEN/HONGKONG — A planned economic zone in southern China will allow full internet freedom, similar to what will be allowed in a proposed free trade zone in Shanghai, a senior official behind the project said on Thursday.   fffff China tightly controls the internet through a so-called Great Firewall, routinely deleting online postings and blocking access to websites it deems politically sensitive or inappropriate such as Facebook...

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Organic Gardening Emerging in India

GURGAON –- Ritu Mathur poked the soil in the potted plants and flowerbeds of her garden filled with organic vegetables and fruits. “Snails!” she exclaimed — before finishing, “are a problem.” Getting rid of pests can be the biggest challenge in organic farming, which is done entirely without pesticides or insecticides. Mathur uses pheromone traps and sticky traps as well as a garlic and red chili paste to get rid of the bugs. Still, rats can be a menace. So why go through all t...

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China’s Exports Rise 7.2% in August

BEIJING, Sept. 8 (Xinhua) -- China's exports rose 7.2 percent year on year to 190.61 billion U.S. dollars in August, according to customs figures released on Sunday. The growth rate was 2.1 percentage points higher than July. Imports also rose last month, gaining 7 percent to 162.09 billion U.S. dollars, the General Administration of Customs said in a statement. Total foreign trade grew 7.1 percent in August over the same month in 2012 to 352.7 billion U.S. dollars, said the statement. ...

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Diamond decade for China & ASEAN

Trade and investment between China and the Association of Southeast Asian Nations are expected to more than double by 2020, Premier Li Keqiang said on Tuesday.   These goals are part of what the premier calls a "diamond decade" of relations the two must strive to achieve.   Trade is expected to reach $1 trillion in 2020, compared with $400 billion last year, Li said at the 10th China-ASEAN Expo, which opened on Tuesday in Nanning, capital of the Guangxi Zhuang autonomous re...

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Boost Supply Chain in S. African Wine

JOHANNESBURG, Aug. 27 (Xinhua)-- An improving supply chain could help South African wine industry and raise the country's economic competitiveness, according to a study released on Tuesday.   Lack of supply chain awareness is hampering the competitiveness of South Africa's wine industry, said the study released in Johannesburg.   "Many cellars are still thinking like fruit farmers who merely sell their produce to exporters. It's a mindset that can, and must urgently change,...

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Famous Jute Products of West Bengal

OFFERED BY Prasenjit Mandal   West Bengal is one of the world's largest jute producing and processing regions. Innovations in jute products are helping to tap a larger consumer market. Industrial development in West Bengal dates back to the latter part of 19th century when jute mills were set up along the sides of river Hooghly. These were followed by engineering, iron and steel, cotton textile, chemicals and other industries. At present, important large scale industries in West Benga...

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India, China Take 60% of Gold Buying

In the quarter ended June, India and China together accounted for about 60 per cent to the global demand for gold. During the period, global demand fell 12 per cent.   Data compiled by Thomson Reuters and World Gold Council showed global demand stood at 856.3 tonnes during the quarter ended June, against 974.6 tonnes in the corresponding period last year. While jewellery demand rose 37 per cent to 575.5 tonnes, demand for gold bars and coins increased a staggering 78 per cent to 507.6...

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Nine key trends of global logistics

Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published recently by BVL International, a worldwide supply chain and logistics membership organization.   “Several trends identified in the study demonstrate that a number of major challenges lie ahead as the world becomes a more complex place in which to operate logistically,” said Dr. Robert ...

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