Importers and experienced sourcing agents say there is no recourse for importers who lose money through scams with Chinese suppliers. Generally speaking this is true, and buyers should always beware. But, according to this article from China Importal, some Chinese lawyers claim that, under certain circumstances you can get your...
“Things are going very well with China” tweeted Trump after imposing new tariffs on China imports. The stock market crashed on the news. Easy fix: Trump backed off the tariffs on Tuesday and the stocks rebounded. But then they crashed again, worse than before. I wrote the previous blog in...
Armageddon: “the prophesied location of a gathering of armies for a battle during the end times… The term is also used in a generic sense to refer to any end of the world scenario” - Wikipedia If you let your imagination run wild, and you try to picture where this trade conflict could...
In January I made a prediction on what would happen in March, namely: “… it will get better, … the new 25% tariffs will not be imposed and … previous tariffs will be reduced over time.” Time for me to eat humble pie. Here we are in June, and after...
The impending tariffs and the trade war with China have been an ongoing and popular topic in the press, and an especially important issue in our business. One of the benefits of this kind of activity is that importers are focused on reducing COGS (Cost of goods sold). A recent...
China has gone through some major economic changes in the last 2 decades. Some of which probably affected how you buy and what you buy in China. In a recent article from Stansberry Pacific Research’s Asia Wealth Investment Daily, we found a great review of some of these changes. Worth...
As we wrote in our last blog, “Made in China” – Quality and Perception: Intro, China has been known as a source for cheap goods with questionable quality for years. In this blog series, we’ll be exploring how China ended up with this reputation and what technological and economic advancements...
In the US, we celebrate the New Year on January 1st, with festivities on the eve of the new year. We all get together, throw parties, pour champagne, count down to midnight and take part in our own traditions. There are all kinds of traditionsthatmake us happy,bring good luck and...
