On February 15th, 2012, Mr. Michael De Clercq, Founder and CEO of China Performance Group, a U.S. and China based company specializing in China sourcing advisory services since 1978, was among the nearly 600 persons invited to the luncheon in honor of the soon to be President of the PRC,...
There was an article we came across not too long ago on the popular China Law Blog called “Buying a Chinese Company? Why China Deals DON’T Get Done.” This was a great write up on, as the title suggests, why generally as a foreign company you DO NOT want to...
One of the most important factors with international purchasing is how to reduce costs, specifically shipping costs. When an order is less than a full container, an effective and relatively easy way to accomplish this is through LCL consolidation, which is the consolidation of orders that are “Less-than Container Load”....
Understanding the rules and regulations of the importing country can be an incredibly important aspect of sourcing, particularly from China. There are many opportunities for incongruities and miscommunications to arise as you are dealing with the relationships between yourself, your supplier, competing regulatory agencies and any intermediary agents or QC...
These days it's not hard to find news predicting the end of China's manufacturing growth, marking the recent slowdown of China’s manufacturing and export industry, with reports showing that China manufacturing activity fell to a 32 month low in November 2011, slowed down by a slump in the global economy....
"The purpose of Alibaba's existence is not to defeat others, but to make the business worldwide more and more transparent and fair, we hope there is no corruption in commercial circles." "我们并不想战胜谁，打败谁，我们希望世界上的生意越来越透明公正，商界没有腐败." -Jack Ma-CEO of Alibaba Corporation Under the leadership of the ambitious CEO, Jack Ma, Alibaba created a miracle...