China continues to make changes year after year by continually adapting to the international market. Sourcing from China can be a fantastic way to improve your business, but it certainly is not easy. There are countless scenarios where a supplier can end up disappointing a buyer, many of which I...
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...
Prior to any purchase from China, one would be well advised to become familiarized with some key facts about how the country taxes Chinese manufacturers of goods to be exported overseas. Many may not be aware that the Chinese tax system presents some peculiarities as compared to other countries. Likewise,...
It’s never easy dealing with delivery delays in your China sourcing project, feeling like you’re stuck in a corner with a factory that insists there is nothing they can do. Dealing with a delay in production with shipping and delivery deadlines can be stressful, and the causes of these delays...
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...