Chinese Stones: A Huge and Steady Industry China is the biggest stone producer in the world. On top of that, China is one of the world’s biggest stone exporters. To illustrate: the total transaction value of stone imports and exports in 2012 reached an amount of more than 8 billion...
Coal in China fuelling the world's largest nation. Did you know that… China is by far the largest producer of coal in the world? Even though the United States is equipped with the world's largest amount of 'recoverable' coal reserves. They are followed by Russia, China, Australia and India....
If we think about China's favourite beverage, tea is probably the first and unique word that comes to our mind. The dominance of this devotion makes it difficult to find another option. However, since the entrance of Starbucks in 1998, the supremacy has been attenuated. The American company has been...
The phrase “The moon reflects the sunlight”, refers to women as subordinate to men. Symbolically, man is placed with the sun and women with the moon. As an ethnically Asian Woman, I am aware of the harsh realities of life. Male dominance in business is still prevalent in countries like...
The global economy is yet to recover from the after effects of the perilously deep recession. Europe remains under the grim clutches of a sovereign debt crisis and the USA is facing a fiscal cliff in 2013. Global demand is slowing and for the workshops of Asia, in order to...
Unknown to many, there exists a small city by the name of Yiwu that has been the first sourcing choice of many foreign companies. If you want to know more about sourcing in Yiwu then this entry will give you a brief understanding and introduction about this unique city. Yiwu...
Anyone who has ever visited China has most likely been surprised in some way, either positive or negative. This is not only due to the differences in culture, work ethics or the way of living, but mainly due to the fact that China evolved from a lot of traditions that...
Quality fade is a supplier’s behavior of progressively degrading the quality of the products to earn more profits. When a factory voluntarily participates in quality fade, disputes may arise between the buyer and the supplier, which can ultimately lead to early termination of agreements. Quality fade is not an unknown...