Large, international Chinese corporations are shifting production to America to expand their global footprint and avoid anti-dumping tariffs. At the same time, some American manufacturers that moved to China are coming back. While China was once the cheapest place to produce goods, it is now in third place behind India and Mexico. There are a number of reasons for this reversal including anti-dumping tariffs, rising labor costs abroad and the …
In spite of recent wage increases and slowing international demand, China’s exports continue to usurp market share as its manufacturers produce higher-value items, upgrade operations and increase profits. Their major challenge is finding enough workers to fill the orders. Chinese manufacturers continue to persevere at a time when China’s competitiveness is in doubt and importers move to countries like Vietnam, Pakistan, Cambodia and Bangladesh for lower costs. Recently, China’s huge …
The 2012 Nanjing International Consumer Goods Expo will be held this fall at the Nanjing International Exhibition Center on September 27-30. The Expo is sponsored by China’s Chamber of International Commerce, the Nanjing Municipal People’s Government, China’s Chamber of Commerce for Import and Export of Textiles, China’s Chamber of Commerce of Foodstuffs and Native Produce, and China’s Chamber of Commerce for Import and Export of Machinery and Electronic Products. Exhibiting …
Foxconn, Apple’s manufacturer in China, plans to sharply cut working hours and again increase wages inside its Chinese manufacturing plants that produce electronic products for Apple and other electronics companies. The move to cut working hours may lead to improving working conditions across China; however, the wage increase may ultimately result in an increase in the cost of consumer electronics. Photo: Apple CEO Timothy D. Cook (left) visiting a new …
Did you know there is now a cost-effective way for traditional retail market entry in China? You can now easily sell your products online to consumers in China without a physical presence. Since the cost of doing business in China has escalated, and the structural inefficiencies and competition are a tremendous challenge, online shopping offers many merchants a more effective alternative to enter and develop sales in the Chinese consumer …
In order to bring foreign investments into alignment with China’s economic policy goals for industrial development, the Guideline Catalogue of Industries for Foreign Investment 2011 (Catalogue), jointly issued by China’s National Development and Reform Commission and Ministry of Commerce, was recently amended on December 24, 2011 and became effective January 30, 2012. The old catalogue amended in 2007 was annulled. I will discuss the main changes of the Catalogue compared …
Last month, our partner, OnGreen, increased its commitment to promoting the goals of the global cleantech community by partnering with ZIEPC, the cleantech division of Zhongguancun Science Park (Z-Park). This new partnership connects OnGreen with one of the oldest, largest, and most energetic science and technology hubs in China. China is viewed as a major growth market for cleantech investments, with a focus on renewable energy technologies. Under the terms …
For years, the cheap labor in China kept the price of goods affordable around the world. However, the National People’s Congress has recently approved higher pay scales throughout the country because the government wants to boost the Chinese domestic economy. However, this will gradually drive up the cost of goods, decrease company margins and court inflation. The Shanghai Human Resources and Social Security Bureau just announced a 13 percent increase in …
Rising labor costs in China are pushing up the price of Chinese goods in the USA. News of Chinese wage increases at Foxconn have hit the news lately, as well as wage increases at other Chinese factories. For years, cheap labor made Chinese goods cheap worldwide, but that may be coming to an end. Many Chinese factories have experienced labor shortages, which has increased labor costs. The Wall Street Journal …
If you want to see how Apple products are made in China, ABCNews announced that Nightline will show the inside of Chinese factories that manufacture the iPhone and iPad in a special feature with exclusive access to Apple’s supplier factories in China. This Special Edition will air on Tuesday, February 21 at 11:35 p.m. EST on ABC (8:35 p.m. PST). Apple, the #1 company in America, has been extremely profitable …
Last week, we gave you an Introduction to Investing in China. In this article, we’d like to cover the PRC tax forms required when conducting business in China. Various types of business operations exist in China, such as a Company, Branch, or Representative Office, etc. Since income tax is one of the most important considerations for foreign investors in China, we will briefly discuss income tax requirements for the various …
China’s acceleration of foreign investment is an important step in its fundamental principle of opening up to the outside world. It is also an important component of Deng Xiaoping Theory, which consists of a series of political and economic ideologies seeking to build up the socialist economy with Chinese characteristics. China’s existing foreign investment legal system mainly includes three types of enterprises: wholly foreign-owned enterprises (WFOE), Joint Venture and Joint Cooperation Venture.
Go4Gifts has been distributing exclusive hand crafted gifts and home décor products from India for 15 years. The company now takes pride in introducing these products to global markets. India is the land of craft and heritage. Buyers will want to discover these lovely gift products because they have proven to be top sellers.
Almost a thousand years ago, from lands far away, emerged a tradition that has endured time. Its true origins are believed lost in the past, although Wikipedia attributes its origin to 16th Century India. This ancient treasure captured the hearts of many, and so it spread from the old world to the new – generation after generation – from Asia to Africa to Europe and America. If you use a hookah, go no further than Sahara Smoke, where you’ll find the cutting edge of hookah designs along with shisha tobacco.
If you need unique caps or custom made hats, you should know about this large scale manufacturer in Jiaozhou Qingdao, China: Yaguan Cap Co., Ltd. Most recently, Yaguan Cap was designated a Supplier Pass™ member of Manufacturer.com and has also opened an office and showroom near LAX as a new ChinaMart Los Angeles member.
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