Global Sourcing


China-Japan-South Korea Trilateral Talk

May 14 – Leaders from China, Japan, and South Korea concluded the Fifth Trilateral Summit Meeting and signed the Trilateral Agreement for the Promotion, Facilitation and Protection of Investment (hereinafter referred as the Trilateral Agreement) at a summit in Beijing. The Trilateral Agreement represents a stepping stone towards a three-way free trade pact to counter global economic turbulence and to boost economic growth in Asia.   In the joint declaration, the three nations list d...

read more

China & Central Asia: the New Silk Road

Experts and former leaders from China and Central Asian countries called on Monday for the expansion of cooperation beyond ties in the energy sector.   "Energy is fundamental, but the economic ties between China and Central Asia are wide-range and multi-form," said Xing Guangcheng, a researcher at the Chinese Academy of Social Sciences.   China should "broaden the thinking" in its collaboration with Central Asia, Xing emphasized.   Trade between China and its fiv...

read more

Becoming a Global Supply Chain Expert

Depending on their positioning, companies can follow certain strategies to become a global supply chain integrator. For companies already globally sourcing or manufacturing for export out of China, the primary goal should be to gain additional scale benefits by capturing sales opportunities in the Chinese market itself. The key success factors in this case are differentiation, flexible business models, and third-party contract manufacturing.   A good example would be Wal-Mart, whose s...

read more

How to Make the Best of Alibaba

¨          What is Alibaba? Founded in 1999 in Hangzhou, China, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online mainly through three marketplaces: a global trade platform (alibaba.com) for importers and exporters; a Chinese platform (1688.com) for domestic trade in China; and a transaction-based wholesale platform on the global site (aliexpress.com) geared for smaller buyers seeking fast shipment of small quantities of goods. Tog...

read more

More Intra-business to Forsee in BRICS

In the dark shadow of global economic downturn, the trade and economic ministers of BRICS nations including India today collectively call for need to resist protectionist tendencies and to promote international trade as an engine of economic growth and development.   “Adversity of financial crisis is being faced by all. There is a need to work together to overcome from this problem,” Commerce and Industry Minister, Anand Sharma said while interacting with media after the meeting o...

read more

Tax Incentives to Logistics Industry

According to the China Federation of Logistics and Purchasing, logistics costs accounted for 18 percent of the country’s GDP in 2010.   China’s logistics infrastructure has improved significantly during the implementation of the country’s eleventh Five-Year Plan (2006-2010).   On June 8, 2011, Premier Wen Jia Bao announced that “we must make a complete set of policies and measures, and promote the healthy development of the logistics industry.” The resulting logis...

read more

Our clients

 
Background
Color scheme