International Trade Articles
Expert Author: Frenny Duffin
Yiwu is the largest wholesale city in china. Infrastructure of this city is well developed and mostly connected with other cities in the China. Yiwu Market is very famous market in China. Now a day, Yiwu Market becomes international hub for foreign buyers. Many people are familiar with this market and visits almost every year.
The free trade agreement between China and the ASEAN helped increase sales to the region by 30 percent. Stricter standards in ASEAN-member countries and higher costs in China, however, may stem growth in the long term. China's exporters are enjoying the benefits gained from the country's free trade agreement with the ASEAN, one year after it came into effect. But many of them are aware sustaining these advantages for a long time will not be that easy.
SAFE relaxed rules on mandatory foreign currency conversion to the yuan this year, mainly to stem growth of forex reserves. But the appreciating yuan means fewer suppliers are likely to take advantage. China exporters have welcomed the central government's decision allowing them to keep US dollars in overseas accounts instead of converting them into yuan. But with small and midsize makers dominating the country's export landscape, very few are able to take advantage immediately.
Some China exporters offer products that were not shipped out due to order cancelations, physical defects or performance problems. While most makers inform buyers about the situation, a few are not as upfront. Low prices, fixed quantities and short lead times? Chances are, the manufacturer is trying to dispose excess stock. Although China suppliers take measures to ensure all export output is shipped out, there are some instances when products do not leave the warehouse. In certain cases, this is because the order was canceled when the company was unable to meet the delivery schedule or the buyer pulled out at the last minute. Most of the time, however, these are lots that failed physical and performance tests.
Expert Author: Vaiv Jais
Exports business India is coming out of the phase of depression, with most of its popular exports regaining a strong position in the global trading map. The credit for this should be given to the increase in manufacturing power and quality of good India export to the world. The indian exporters are taking advantage of the growth of small and medium sized enterprises who are constantly improving the quality of main exported items.
Expert Author: Sachin Kumar Airan
There are sites all over the internet where you can connect with wholesalers and manufacturers from other countries. Most of the time, you will be contacting people in China, Japan and India to purchase a variety of products. These can be furniture, make-up, clothing, jewelry or really, anything you can think of. The problem for many merchants is not knowing who they can trust. Not knowing who is reliable to ship products to a buyer.
Expert Author: Sachin Kumar Airan
Is everything made in China these days? It sometimes seems like it. And if you have ever wondered how you could start a lucrative importing business you are not alone. The only problem is you do not speak Chinese and have no idea of where to begin. On the other hand, you do have an inkling of the process but are always looking for new China suppliers to add to your import network.
Expert Author: Ankit Dicosta
India - Japan have maintained diplomatic trade relations based on economic, financial and technical cooperation. India - Japan trade relations has gained both the nations in terms of economic growth. The bilateral-trade relation between the two has helped India to bring $ 253 USD in the domestic market.
Expert Author: Dezan Shira
Denmark-based container transporter Maersk Line made history last Tuesday when its Mathilde Maersk became the largest ship to dock in the Southeast Asian nation when it launched its first direct cargo route from Vietnam to the United States. The Mathilde Maersk is 367 meters long with a capacity of 9,000 TEUs. The new direct route will link SP-PSA International Port in Vung Tau, located 80 kilometers south of Ho Chi Minh City, to Los Angeles, California. The weekly TP6 service will have a shorter transit time of 18 days providing Vietnamese exporters a reliable option to transport goods to one of its top trade partners.
Expert Author: Chris Devonshire-Ellis
In the aftermath of the ten-year jail sentence handed down to Rio Tinto's Chinese staff for bribery, much has to be learnt from the pressures placed upon ethnic Chinese employees who are now nationals of other countries. In a case that has uncovered significant bribes being paid to Rio Tinto's chief negotiator, Stern Hu, the spotlight must fall on the pressures faced in China by ethnic Chinese conducting business under the wings of a multinational corporation and the umbrella of a foreign passport.