International trade

The importance of third party companies

05

Jul 2016


International trade, Opportunities, Quality Control
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The importance of third party companies

In this day and age, it is very common to import products from other countries and then sell them locally. It reduces costs and it allows you to access to a wider range of products and designs. This is good for your business, as customers will appreciate your new products and everybody likes saving some money. You want your goods to be shipped on time and once you have them, you want to send them fast to the stores so customers can start buying them immediately. But, what would happe...

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Mexico – China Trade

26

May 2016


International trade, Quality Management
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Mexico – China Trade

After years being the factory of the world, China has started to go outside and invest in other countries, visiting them and above all creating new trade partnerships and friendships. One of the areas where China has focused the most in recent years has been Latin America, with Mexico being one of the biggest trade partners of the Asian giant. The trade relations between the countries have grown by more than 270% since the 2000s. But, the trade balance between the two countries is in favor of...

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The Canton Fair 2016 Spring Edition in numbers

13

May 2016


International trade, Trade Show
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The Canton Fair 2016 Spring Edition in numbers

The Canton Fair finished last week. After three intense weeks of negotiations, business deals and supplier sourcing the fair says goodbye until next October. Official numbers say the fair has generated export orders worth 28 USD billion, an increase of 0.1% compared to the previous year. The fair also saw an increase of buyers lead by US and Canada buyers, up 2.61% and 2.54% respectively. Also, buyers from the European Union and from emerging markets increased compared to last year. In total...

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STEEL PRODUCTION RESTRICTION

27

Apr 2016


Global Sourcing, International trade
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STEEL PRODUCTION RESTRICTION

China is the world's biggest steel producer, accounting for around 822 million tonnes a year. There was a call from the US, Canada, the EU, Japan, Mexico, South Korea, Switzerland and Turkey to restraint the world's steel production. The call was raised due to the failure of international talks to find measures to tackle the industry crisis.   Selling Steel at a Loss In the past months, record production in China has led to criticism. Analyst saw it as a distortion for international ...

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THE STABILITY OF CHINESE YUAN

15

Apr 2016


Global Sourcing, International trade
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THE STABILITY OF CHINESE YUAN

Canton Fair is starting today! Last 2 days ago, I wrote an article that I hope can help you, not to get a culture shock when arriving at China. Today... I'm writing an article about the update of Chinese Yuan, that is the most important thing for your purpose in coming to China.   Chinese Yuan has been a hot topic, since it was planned to add the IMF's reserved currency basket. But, this also makes us nervous as the news regarding Chinese Yuan always change and as we know, in the currenc...

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READY FOR CANTON FAIR?

13

Apr 2016


Global Sourcing, International trade, Opportunities, Trade Show
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READY FOR CANTON FAIR?

First time coming to China? What to prepare when coming to China?   A lot of foreigners think that China is outdated, and I've crosschecked it with my friends! Funnily, though they are foreigners from different friend circles of mine, but the thing that they said was similar! They said that, "I've never thought that I would see tall buildings in China!"   Lujiazui, Shanghai   Welcome to China! A Spanish friend told me, "For me, first time I came to China the first thin...

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A LEARNING FROM FACEBOOK AND ALIBABA

24

Mar 2016


Global Sourcing, International trade
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A LEARNING FROM FACEBOOK AND ALIBABA

Currently, the photo of Facebook's founder, Mark Zuckerberg, jogged at Tiananmen, Beijing in its hazy weather shook the social media world. "Smog Jog" has been the trending topic lately and many criticisms showered the post. Despite many comments and criticisms, Zuckerberg visited Beijing to attend the state-backed economic forum last weekend. This economic forum's purpose was to discuss China's economic plans. Along with Zuckerberg, Alibaba's founder, Jack Ma also attended the forum. Let...

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CHINA FIVE YEAR PLAN: PROS & CONS

18

Mar 2016


Global Sourcing, International trade
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CHINA FIVE YEAR PLAN: PROS & CONS

Every year on March, Chinese Government's one and only party, the Communist Party of China holds their annual meeting. Hey ho, thanks to this meeting, foreigners cannot access Google, Facebook, Instagram and other things, except Chinese websites. Anytime government has important events, they tighten their what so called "Great Wall", that the VPN (a network to break the "Great Wall" so that we can open our beloved Google) cannot pass through.   The Congress   In the meeting or co...

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CHINA-ALGERIA COOPERATION

18

Jan 2016


Global Sourcing, International trade, Logistics
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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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CHINA $1T OVERSEAS INVESTMENT

25

Nov 2015


Global Sourcing, International trade
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CHINA $1T OVERSEAS INVESTMENT

I was like WOW! $1T is not a small amount, guys, I was like come on... Just like the title, Li Ke Qiang, Premier of China stated that China would invest more than $1 trillion overseas in the next 5 years.   The Basis Not only the $1 trillion overseas investment, Premier Li also added that the country will most likely import commodities those worth more than $10 trillion during the period. Even though China's economic growth has slowed, growth volume is increasing annually. For as lon...

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