As everybody knows by now, in China labor costs have been rising quite fast over the last few years, and this trend is here to stay. What is the typical Chinese response to higher labor costs? Hire less employees, of course. And how to … [Read more...]
Archives for October 2012
Opening a HK company: all the details
I found a simple explanation of what it takes to set up a company in Hong Kong on the new website of my accountant in Hong Kong (whom I strongly recommend). I am reproducing that content below. The first step in setting up a business … [Read more...]
7 good links about QC and sourcing
Here is a list of interesting articles I found recently. I hope you enjoy them! Get a China price quotation: How hard could that be? Etienne Charlier wrote an excellent refresher on some purchasing basics. If the volumes you … [Read more...]
Is your China factory’s quality standard too low?
Do you work with a factory in China, and wish their quality standard were a bit higher? You are not alone. Here are six pieces of advice you can follow in this case. 1. Say it, and write it, to your factory If you don't communicate … [Read more...]
China export manufacturing: who makes money?
Many readers of this blog purchase from China. But I regularly get questions from would-be company founders who want to be involved in the China sourcing world and who hesitate over what specific project to follow. So I make a list of the … [Read more...]
Tough negotiations of payment terms with Chinese suppliers
Many purchasers are unfamiliar with what is commonly negotiated by other buyers in China, and this is especially true when it comes to payment terms. Some suppliers take advantage of it by requesting terms that are very favorable to … [Read more...]
Translations for communication in China
Here is one more list of Chinese translations. The last ones were: Useful Chinese translations for buyers going to factories Chinese translations for quality control As usual, left column is English, middle column is spoken … [Read more...]
Chinese translations for quality control
A few months ago I posted Useful Chinese translations for buyers going to factories and I received great feedback. Therefore, this week I will publish some more common words/expressions. I hope it helps the "do-it-yourself" purchasers … [Read more...]