International trade

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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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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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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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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The Business guide for Mexico

1. Mexico In A Nutshell Capital City: Mexico City Population: 120,286,655 (estimate 2014 The World Factbook) Language: Spanish, however many people in the international business community are bilingual in both Spanish and English. GDP 2013: USD $1.845 Trillion Unemployment Rate 2013: 5.08% Inflation: 4.3% Currency: Mexican Peso Time Zone: Most of Mexico is CST/GMT-6 (Central Standard Time), however far western states use MST/GMT-7 (Mountain Standard Time) and PST/GMT-8 (Pacific...

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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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China 2015 – The New Top Global Economy

When the history of 2014 is written, it will take note of a large fact that has received little attention: 2014 was the last year in which the United States could claim to be the world’s largest economic power. China enters 2015 in the top position, where it will likely remain for a very long time. What is the forecast for China and ASEAN in 2015? What do you get when you add slower economic growth, greater volatility, rising competition and genuine Chinese innovation?   Read these good...

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10 Tips to Survive in Guangzhou Canton Fair

If you want to make direct personal contacts, identify suppliers, and find out the ‘ins and outs’ of doing business in China, attending trade fairs are a great first step. However, it is important to bear some points in mind to get the most out of your business visit to China. For many Westerners, China is definitely not the easiest place to travel in.   How to survive in Guangzhou then?   Here are 10 points for your to keep in mind when attending the Canton Fair in Gua...

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