China is still a growing market and capable of providing you quality suppliers. There are many ways to minimize your risk, and I shall share some of the more fundamental ones below.

My first trip to China wasn’t on business, but as a tourist. I was apprehensive due to the many preconceived notions I carried, fed by media reports of the physical and social conditions there. I half-expected stomach…

Read the rest of “Importing from China - Managing your Risks” or post a comment >>

China is known as the factory of the world where a wild variety of products are manufactured. Today the manufacturing in China does not concern only commodities and garments but in the past few years we have seen an increase in fabrication of high-tech and complex products manufacturing. The more complex and innovative is a product, the more difficult is the production process and this could involve more conflicts and longer time for the establishment of…

Read the rest of “Manufacturing in China, main challenges and practical tips for SMEs” or post a comment >>

Arriving at the temple, our remaining giggles stopped instantly when we witnessed Jackson go into a religious frenzy, burning large amounts of incense, offering hell bank notes – a kind of fake paper money to appease the ghosts of his ancestors – kneeling on one of the red cushions and praying next to the seventy-some-year-old grannies. For my part, I thought he’d been bitten by some sudden Buddhist beliefs, while the others just didn’t know how to…

Read the rest of “The great glass curtain walls of China. Part 6″ or post a comment >>

The Dutch are very attached to their own identity, which includes outspoken opinions and a clear political vision. Others are judged based on knowledge or his/her attitude in certain situations.

The Chinese have a radically different approach. Political visions are difficult to distinguish and opinions are only rarely openly announced. Persons are judged based on career, possessions and the position on…

Read the rest of “Show your ID” or post a comment >>

To improve foreign exchange administration of foreign-invested enterprises and to facilitate the handling and verification of foreign currency capital, the State Administration of Foreign Exchange (SAFE) have recently issued a new notice. The new regulations aim to prevent hot money from flooding into China to establish foreign-funded enterprises and to allow regulators to closely monitor and control foreign capital movement.

Read the rest of “The new SAFE regulations” or post a comment >>