A journalist contacted me and inquired about the differences between Chinese-owned factories (a new phenomenon) and Japanese-owned factories in the context of new plants set up in the US. Interesting topic. Not unsurprisingly, Chinese … [Read more...]
What Does the RMB Devaluation Mean for Importers?
Over the past few days, China's central bank has let the RMB slide by a few percentage points. Is it big news? For importers who make a slim margin on what they purchase from China, obviously it is. In the long run, this trend was … [Read more...]
Reset your Mental Models when Buying in China
Every year, tens of thousands of new businesses start purchasing directly in China. And many of them have a bad first experience. The key to successful China sourcing is not a set of tools -- it is primarily a change in mental … [Read more...]
The US Are As Competitive As China… Or So the BCG Says
The Boston Consulting Group just updated their manufacturing cost index. It shows that producing in Mexico can be cheaper than in China. And that China costs are nearly on par with those of the US -- the difference is only 4%! The BCG cost … [Read more...]
Talent Acquisition and Retention in China
Last week, the European Chamber of Commerce in China organized a forum about HR best practices in China. Talent acquisition and retention is one of the major challenges of companies that have an office in China, so I thought my notes … [Read more...]
The Remarkable Inflation in China
The French Chamber of Commerce in China just released the videos of most of the excellent presentations given in their big sourcing event, Made in Asia. I just watched the presentation by Ben Simpfendorfer from Silk Road Associates, a … [Read more...]
Increasing Labor Productivity will be Key to China Success
The conference organized last week by the European Chamber of Commerce in China was extremely interesting. I took notes during the other speakers' presentations, and a theme came back again and again: if China doesn't increase its labor … [Read more...]
Adapting to Higher Costs in China: Conference in Guangzhou
If you are in South China after Chinese New Year and if you have an interest in sourcing-related issues, you should consider attending this conference organized by the European Chamber of Commerce: Profitable Sourcing - Strategies to … [Read more...]
Getting Prepared for the CNY Production Stoppage
It is this time of year again when factories don't know how long their employees will stay... When traveling around China becomes a nightmare... And when all the buyers say "you must ship my order before the holiday"... Chinese New Year is … [Read more...]
Getting More out of your Chinese Suppliers
Here are some interesting or useful articles that I found recently. Levels of China Sourcing (Infographic) Etienne Charlier gives a roadmap to companies that source industrial products/equipment and that want to get more out of their … [Read more...]
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