Tag: chinese

Chinese Renewable Energy Conference & Exhibition

Location: Wuxi Taihu International Expo Center – Jiangsu Sheng, Wuxi Shi, Binhu Qu, Zhenze Rd, zhenze Road Wuxi, ChinaDate: November 04, 2020 09:30 – November 06, 2020 18:00   Chinese Renewable Energy Conference & Exhibition Chinese Renewable Energy Conference & Exhibition opening (hereinafter referred to as the conference).Conference to “change, innovation, breakthrough” as the theme, to create “distributed energy one-stop sourcing platform”, build...

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Should Indian’s Stop buying Chinese Products? (Ban Chinese Products, Really?)

Firstly, Can any country ban all products from a particular country (China)? NO, you read it right. No country can ban all the products from a particular country for the following reasons WTO (World Trade Organisation) Free trade Agreement does not permit us to do so. Exports to those countries can also get banned. Foreign investments in India can be affected as India become vulnerable to such Investments. Do we really need to ban products from china? I don’t think so,...

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What are hot selling Chinese products imported in India?

India’s imports of Chinese goods stood at USD 60 billion during the April-January period of 2018-19 fiscal and In 2017-18 (April-March), imports from China stood at USD 76.38 billion in the period. Top 20 Products along with the turn Over are Listed below: Sno. Product label India’s imports from China Value in 2017 Value in 2018 Value in 2019 All products 71890425 73845717 68163416 1 Electrical machinery and equipment and parts thereof; sound recorders and reproducers,...

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Chinese Food and Drink Exhibition

Location: Shenyang International Exhibition Center – Hui Zhan Lu, Sujiatun Qu, Shenyang Shi, Liaoning Sheng, ChinaDate: April 16, 2020 09:00 – April 18, 2020 18:00  Exhibitions make business more convenient so that each customer through the exhibition more simple to do business Drinks are now an indispensable part of the catering industry. With the development of China’s economic strength, people’s living standards are constantly improving. After meeting the basic needs...

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Minimizing Risk through Payment Terms Negotiation with Chinese Suppliers

In the last post we looked at 8 payment methods you can use to pay your Chinese suppliers. In this post, I will look at “Payment Terms” that go along with the choice of payment method & factors influencing the negotiation of payment terms. It is important not to confuse “Payment Terms” here with “Trade Terms” (FOB, CIF, etc.). “Payment Terms” include: The choice of payment method The timing of the payment Whether there is a pre-payment required & the percentage of the...

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How can you check whether a Chinese company exists?

Do you run or plan to start importing from China but do not know whether your Chinese business partner is a legally registered company? This is a common problem when doing business with Chinese companies, especially when you do it through the Internet and use B2B portals like Alibaba.com. The question seems peculiar, but still not enough people ask themselves about it. Surely it would possibly avoid a lot of scams if the importer had access to this apparently trivial information about a supplier...

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8 Ways to Pay your Chinese Suppliers & Their Risks

I get a lot of inquiries from new importers wanting to find out the best way to pay their Chinese suppliers. These importers are especially concerned about the “safety” of their funds having read some horror stories online. When importing from China or from any country for that matter, there is no “Best” Payment Method and the choice of method depends on several factors, with the most important being the amount of payment. In this post, I look at 8 payment method options that are commonly...

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What happens in Chinese factories during the Chinese New Year?

We are once again at that time of the year where we have to try & convince new importers & sometimes existing importers to speed up their decision making due to the approaching Chinese New year holiday. When they ask us the dates and realise it’s nearly 3 months away, they are bemused as to why we are pushing them. You could potentially get three rounds of production completed in that time, then why the fuss? So this series of posts will go into the nitty-gritty of what happens in...

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What’s the difference between a Chinese Sourcing & Trading Company?

This is one of the favorite questions that I like to ask candidates when recruiting people for our sourcing team and a lot of them find it difficult to establish a clearly distinction. Among a lot of our clients also the line seems to be blurred and a lot of people believe that a sourcing and a trading company is one and the same thing. There are good reasons for why this line is blurred as sourcing & trading companies often step into each other’s domain so I will cover that in a future...

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Does the website prove the existence of a Chinese company?

We have already written how many Chinese scams can be avoided by confirming the existence of the company in the People’s Republic of China. A common mistake committed by businessmen who import from China is to assume that if there is a website there is probably an existing registered company. Unfortunately, often it is not. The statement “The company for certain exists because it has got a website, the address and all, there are even pictures of the factory” is a sign of naivety. Scammers...

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