As China opened up its economy in the late 1980s, many western consumer goods manufacturers set up plants or formed joint or cooperative ventures in China in an attempt to capture the opportunities of this emerging huge supply chain. While the production process could easily be built on the...
The e-commerce age is in full swing thanks to the development of the Internet, which provides numerous options to source products, for a broader range of buyers. Alibaba is a platform where buyers and sellers from all over the world (but still predominantly from China) meet. It is one the...
Amid the trade wars and the tariffs, the RMB is weakening against the USD. By the end of January 2018, the rate was 6.2. On July 11, 2018, the exchange rate was 6.68. As of October 15, 2018, it was 6.92, as pictured below. The question is – can...
We like to read good blogs, especially those relevant to management and the China supply chain. In doing so, we found there is a lot of material out there, but good China sourcing management information and advice is hard to come by. Hard, but not impossible. Below is a...
Chinese wholesale markets are a great tool for anyone looking to experiment with importing goods for their small business. In this guide we will cover wholesale markets in China, important tips on dealing with wholesale suppliers and importing. Why source from wholesale markets in China? Wholesale markets in China are...
In the current climate of new tariffs, many importers are unsettled and worried. This is partly due to the disruptive effect of changing rules and also due to unclear information. I mean, tariffs are confusing. Many importers are wondering whether they will still be competitive with their current supply chain. ...
The China supply chain has evolved a lot since we got started 40 years ago. During those 40 years, we, at CPG, have learned many lessons that have helped us build our business, establish our knowledge base and create a name for ourselves as specialists in China sourcing management. I...
Here at CPG, we have been discussing the changes occurring in China sourcing and what the future may hold for the import/export industry. We also discussed the system enablers in the sourcing community. In this two-part series, we’ll switch gears and explore the logistics industry’s current situation, and provide insight...