Economic data out this month is providing reassurance for those who trade with and source consumer products in China. New data from the National Bureau of Statistics shows industrial output up 6.3% during August from a year earlier, rising from 6% in July. The data suggests government spending and strong property sales...
Build your own factory or work with an existing factory? Now, this is a very pressing question. Simply put, if everything is done efficiently; the more of the supply chain you own/control, the cheaper the overall product should be to produce. Using this logic if you plan to have a...
The Most Profitable Products to Source from China “Made In China" goods are all around the world ranging from jeans to television sets. Historically, Chinese exports to other nations were mainly petroleum, textiles, and clothing. But nowadays, the export portfolio has increased to leather travel goods, toys and games, electronics,...
Sourcing furniture from China The furniture business is what you would call a quiet industry in the business world. You won’t see headlines about furniture on a daily basis, but everyone’s subconsciously talking about it. Everyone uses a piece of furniture on a daily basis, whether it be a chair,...
What is ErP? ErP stands for “Energy-related Products” and is a classification primarily used by the European Union. US government run Export.gov describes these products as ones “which indirectly impact energy consumption, such as windows and faucets among others [and] are also relevant for purposes of efficiency”. It is used...
When looking for factories to work with in China, particularly in the south around cities like Guangzhou or Shenzhen, you’ll often run into large numbers of smaller factories. These may not sound ideal, however for many foreign buyers they present optimal business opportunities. With lower prices, acceptable quality, and greater...
Far too often there seem to be China buying stories where buyers fail to follow up on orders with the appropriate inspections, whether it’s the factory audit, pre-production, pre-shipment, or any other. We’ve discussed quite a bit on this blog about the importance of not taking a good relationship with...
As China’s economy has grown and wages increased, so have workers’ job expectations throughout the country. This has led to a much higher rate of job mobility, as Chinese are finding it easier to leave their jobs for better opportunities, either with more pay or closer to home. These days...
