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Incoterms 2020: A Comprehensive Guide to FOB, CIF, and CFR
FOB, CIF and CFR In international trade, the terms of delivery are crucial for defining the responsibilities and risks of both the buyer and the seller. Incoterms, established by the International Chamber of Commerce (ICC), provide a standardized set of…
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Main Supply Chain Issues in 2024: How to Maintain Continuity in New Conditions?
Recent years have exposed the vulnerabilities of supply chains for many trading companies. The pandemic, the Russo-Ukrainian conflict, US-China tensions, attacks on merchant vessels in the Red Sea, global inflation, and extreme weather events have all contributed to the disruption.…
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New US Clampdown on Goods from Chinese Firms Using Forced Labor
US importers take note: The Department of Homeland Security is intensifying its scrutiny on goods potentially produced using forced labor. The recent extension of restrictions includes three additional Chinese companies, dealing in seafood, aluminum, and footwear, now listed under the…
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Cultural Etiquette in Chinese Business:
Tips for Building Rapport and Navigating Cultural Differences Conducting business in China requires a nuanced understanding of the local culture and etiquette. Here are some essential tips to help you build rapport and successfully navigate cultural differences in the Chinese…
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Chinese Brands Among Euro 2024 Sponsors
The 2024 UEFA European Football Championship (Euro 2024) has kicked off, and it marks a significant milestone for Chinese companies as they secure a record-breaking five out of 13 top-tier sponsorship slots. This achievement underscores Europe’s growing importance as a…
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Nobel Laureate Paul Krugman on China’s Economic Model: ‘Global Markets Can’t Accept All Their Goods’
Nobel laureate Paul Krugman agrees Beijing is making too much stuff: ‘The world will not accept everything China wants to export’. China’s leaders are “bizarrely unwilling” to use more government spending to support consumer demand instead of production, according to…
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Chinese Suppliers Remain Resilient Amid U.S. Tariff Threats: “Even a 50% Tariff Won’t Deter Buyers”
China’s position as a global manufacturing powerhouse seems unshakable, even in the face of potential new tariffs from the U.S. If former President Donald Trump wins a second term and imposes more severe tariffs, industry insiders believe that China’s competitive…
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Top 10 Wholesale Markets in China
China’s vibrant wholesale market scene offers a treasure trove of opportunities for international buyers. This guide explores ten of the most prominent wholesale markets across China, highlighting their unique features and what foreign buyers need to know for a successful…
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Largest Clothing Companies of China
China’s light industry is represented quite widely in the world. But who produces this variety of clothing? There are minor and major players. Check out Largest Clothing Companies of China. China’s Clothing Giants: Weaving a Global Fashion Tapestry Largest Clothing…
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Conquering China: A Beginner’s Guide to Importing
The allure of Chinese imports beckons businesses worldwide. From lower costs to unique products, sourcing from China offers exciting opportunities. But for newcomers, navigating the import process can be daunting. Fear not! This guide equips you with the knowledge to…
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