Global Sourcing

CHINA’S NEW ENERGY VEHICLES

06

Aug 2015


Global Sourcing
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CHINA’S NEW ENERGY VEHICLES

Go Green! Yes, we often find this slogan everywhere... Chinese Government has decided to boost the new energy vehicles production rapidly. They make a target of having around 600,000 new energy vehicles by 2020. Let's read the full story below! Chinese automakers produced 20,400 new energy vehicles in July, 3.5 times as many as the month last year, after the government promoted the sector, official data showed on Wednesday.   They produced 12,345 new energy passenger vehicles last mont...

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CHINA’S NUCLEAR POWER

05

Aug 2015


Global Sourcing, Opportunities
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CHINA’S NUCLEAR POWER

Good morning from China! Today we will discuss such an interesting topic about the 'Nuke' a.k.a the Nuclear. As I said on the earlier articles, despite the country's current bad market condition, but this Red Dragon country never fails to surprise us. China just opened up its first nuclear power sector located at Deyang, SiChuan Province to private investment . Let's read the details about this China's nuclear power!   Sichuan province has become the first in China to open its nuclear p...

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DRONES EXPORT RESTRICTION

04

Aug 2015


Global Sourcing, International trade, Safety and Compliance
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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

29

Jul 2015


Global Sourcing, International trade, Opportunities
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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

28

Jul 2015


Global Sourcing, International trade, Opportunities
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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 and CHILE FTA

20

Jul 2015


Global Sourcing, International trade, Opportunities
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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

14

Jul 2015


Global Sourcing, Logistics
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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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Best Updates from CSIC

07

Jul 2015


Global Sourcing, Quality Management, Safety and Compliance
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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?

31

May 2015


Global Sourcing, International trade
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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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How to Source Goods and Suppliers in China?

19

May 2015


Global Sourcing, Opportunities, Service Offered
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How to Source Goods and Suppliers in China?

China today is full of incredible business opportunities for business owners, and although the cost of manufacturing in China has risen slightly during the recent years, the country is still many times the cheapest location to source goods or parts. When starting to source goods or parts, a business owner can easily find himself tackled in the endless swap of supplier lists the Internet has to offer. This is why today, I present you some very cheap options where to start your sourcing activities...

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