The RMB rate has been going up steadily against the USD (see below), and labor costs have been increasing even faster. When you add the raises in shipping rates and in certain raw materials prices, prices have often increased by more than … [Read more...]
Successfully Launching Production In China: 12 Steps For Buyers
Every year, thousands of inexperienced buyers are coming to China to find a supplier and launch production. However, getting a perfect pre-production sample is not enough. Do you know who is going to make your products, and in which … [Read more...]
Sourcing Agents in China: The Good, the Bad,and the Ugly
A reader recently asked me how to find good sourcing agents in China. Many dark stories involving rogue sourcing agents have shaped my opinion on this topic. My response will probably sound radical to first-time importers. The way I see … [Read more...]
ISO 9000 factory audits for your China suppliers
Factory audits in China and other Asian countries are often (loosely) based on a checklist inspired by the ISO 9000 series. That means the main part of these audits consists in looking for holes in the factory's quality system. Why are … [Read more...]
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