HSBC released their Long-term forecast for Global Overview. It is rich in interesting data. If we look at global trade, what will be the fastest growing product categories? If we look at what China will export, it is obvious that this … [Read more...]
Factory Tours In China: What To Watch Out For
Here are some interesting or useful articles that I found recently. Supplier Evaluation: What should I look for during my visit? Etienne Charlier gives an excellent overview of what criteria buyers should take into account when … [Read more...]
Difficulties of foreign companies sourcing products in China
A lot of companies that import from China have been forced to revise their approach over the last couple of years. Many of them are currently in crisis, mainly for the reasons listed below: Difficulties on a macro level Continuously … [Read more...]
Chinese manufacturers are targeting their own domestic market
Every month, we see data about China's exports (and the latest ones don't make much sense, by the way). But who knows a reliable source of data about China's domestic trade? I was curious to read the findings of the survey of nearly 200 … [Read more...]
Why the RMB rate might well go down
Have your margins been beaten up by the strong appreciation of the RMB? There is hope in the short and medium term. For a bit of perspective, here is the RMB/USD exchange rate over the past two years: This past week I attended the ”Made … [Read more...]
Challenges of Chinese exporters: price, price, price.
Global Sources surveyed 1,546 Chinese suppliers, and came out with this nice infographic. I find it a bit depressing. Are they worried about their customers' strict quality standards? Nope. Is the respect of shipping deadlines one of … [Read more...]
Buying in Fujian province
I spent the last few days in Fujian province. I had not come to this part of china for more than 2 years. Fujian is the coastal province that faces Taiwan. It has the 9th per capita GDP of China -- much lower than neighboring coastal … [Read more...]
Chinese New Year: how to manage the disruption?
My friend Brad Pritts was kind enough to share the advice he gives to importers who are not familiar with the Chinese New Year production planning. I reproduced it below. I think the "approach" paragraph is very useful and practical … [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...]
The 10 biggest misconceptions of importers about China
I get some weird questions or comments from readers who are not professional importers. It keeps reminding me of what most people in the West think (imagine?) about China. I listed a few of the myths, fantasies, and misconceptions about … [Read more...]
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