Global Sourcing


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

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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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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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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5 Questions to Answer whether to Visit Canton Fair

Is Canton Fair Worth to Visit for You?   The 117th Canton Fair Spring Edition has started in Guangzhou and I think this is a great time to answer a question that many sourcing companies get from existing and potential clients, i.e. whether or not a trip to the fair is worth their time.   Many of the considering clients have been importing from China for a few years now. They have started with a specific product in mind and then sourced using a sourcing company like ours or via a...

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