Following the beginning of the economic crisis last year in 2008, China has seen a major shift in its imports and exports, both domestic and international. This has taken a major toll on cities such as Shanghai, Guangzhou and Shenzhen-Major export cities throughout the East Coast that have helped to expand China’s reach into Western countries. Beginning first quarter 2009 Shanghai saw a decrease of 15% year on year, with international freight volumes in Guangzhou facing the worst decline at More »

With many small retail stores throughout Western countries offering brand-name products at their locations many times the question arises; can I purchase brand-name goods at lower prices if I can get them straight from the factory in China?

The answer may surprise you:

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Have you ever made a purchase or tried to make a purchase with a someone in another area (either domestic or international) and simply have a seller take the money and run without providing you with the product or service you paid for? Has this ever happened with a major business purchase you were seeking to make quite profitable in your favor?

If this has never happened to you then you’re lucky. Many businesses worldwide have faced this issue with suppliers, just like many buyers have faced this problem themselves in their own neighborhoods. This is especially risky when dealing with individuals who are essentially More »

Like its name, low-cost sourcing means cutting overall expenditures which results in revenue growth befitting of any company’s goals. Among other low-cost countries such as India, Brazil and Vietnam, China has been and remains to be the top country for sourcing.  Apart from the well-known advantage of its low labor costs, China boasts the added benefit of cheaper infrastructure costs as well as More »

As the world economy shifts and changes, more and more companies are seeking to outsource their production centers to overseas environments to improve revenue generation and overall company productivity. This is not something only large companies are doing – even small businesses around the world are becoming involved in globalization trends. When deciding whether or not to work with the sourcing company or go directly to a factory to purchase your goods there are many different things that More »