Thanks to its colorful and important history, Turkey has many meaningful holidays in its calendar, commemorating crucial moments for the Turkish people. Every year on these special days, Turkey’s citizens have an opportunity to celebrate as well as meet their … Read more
The United States has imposed restrictions on semiconductor technology exports to China, which may setback Chinese technological development. The US chip ban in China can harm the semiconductor supply chain and impact Taiwanese and South Korean semiconductor companies. It only … Read more
Hong Kong is often referred to as the gateway to China. Since it is not part of mainland China, different rules apply, for example, entry requirements. During the pandemic, Hong Kong lifted travel ban restrictions on different terms from mainland … Read more
We have good news for importers: shipping rates are falling! Inventory surpluses, global port congestion, inflation, and reduced demand for cargo services from east to west cause a decline in freight rates. How much does shipping cost? Shipping rates are … Read more
Alibaba layoffs in the second quarter of 2022 reached nearly 10,000. The reduced number of employees will allow the tech giant to achieve better financial results at this challenging time. The slowing economic growth of China’s economic partners may further … Read more
Evergrande has a lot of debt and plans to restore the company’s financial health with the automobile business. From now Evergrande’s first car can be preordered, which is a luxury electric SUV called Hengchi 5. Will the automobile business save … Read more
There have been many attempts to make the ultimate solar-powered vehicle. A team from Tianjin in China created a solar vehicle that runs only on energy from the sun. How is the Tianjin solar car, China’s first solar-powered car, performing? … Read more
A new BMW plant in China has been opened. The Lydia factory (Lida) is a project of BMW Brilliance Automotive Ltd., a joint venture between BMW and the Chinese car manufacturer Brilliance China Automotive Holdings Ltd. BMW plant in China … Read more
Taiwan, despite its relatively small area and population, is among the world’s top twenty exporters (ranked 15th in 2020). Exports from Taiwan are crucial since they account for around 70% of its GDP. Importing from Taiwan can prove very profitable; … Read more
India is one of the fastest developing countries globally, while its economy is one of the most industrialized. Even though India imports more products than exports, importing from India to Europe remains popular. The most crucial for India are the … Read more
In 2020 and 2021, we experienced jaw-dropping freight rates. Many importers decided not to place orders since the shipping costs were too high. At the end of 2021, the situation stabilized, and we can see that freight rates drop. So, … Read more
For most people, holidays are an occasion to spend time with their family and celebrate the most important historical or religious moments. In Turkey, holidays are categorized into national and religious (Islam) holidays – there are six in total. Four … Read more
Turkey is a dynamically developing country, and its economy is based on industry and services. Its strength lies in its location between Europe and the Middle East. In terms of trade, we can observe a growth in the vehicle, electronics, … Read more
It is widely known that the European Union has strong trade ties with Asia, especially China. Similarly, the EU-Vietnam economic ties become stronger every year. The situation is similar in the United States, especially in recent years, influenced by the … Read more
It is basic knowledge that China has been the most populous country in the world for centuries. But China has much more when it comes to being at the top of the world in many categories. In this article, we … Read more
China is planning on creating three new free trade zones. Their location is set to be on the southeastern coast, in the neighborhood of the Pilot Shanghai Free Trade Zone, which was launched in September 2013. First Free Trade zone … Read more
Are you looking for some good blogs to read about China? Look no further! We’ve scoured the Web and found the most interesting, most must-read China-related blogs. We’ve prepared a mixture of the 10 best Chinese blogs which we recommend … Read more
Guest post by Maciej Brzozowski, representative of Port of Hamburg One of the megatrends in the economy of the last few years is outsourcing and concentrating on key competencies of the companies while leaving less relevant matters to the proven … Read more
Apple presented the new iPhone model. This time the Cupertino-based company released two new smartphones, the iPhone 6 and iPhone 6 plus. Many Apple users are happy to have the choice between two different sizes of the new phone. The … Read more
Right from the beginning, Chinese products have been very well-known for their cheap price and inferior quality. People often saw them as tacky, and the “made in China” tag was not welcomed. Thanks to the not-up-to-standards Chinese goods in small … Read more
The infographics presented below show detailed information about the Chinese gold market, which has attracted a lot of attention worldwide because of its fast growth. As long as investment options in China are limited due to the economic policies, gold … Read more
Startup Xiaomi is one of the fastest-growing worldwide. It’s also often covered by various western media outlets. Instead of another article, we prepared and for you 12 bullet point facts about this fascinating company in a simple graphic. Startup Xiaomi … Read more
China is the world’s biggest smartphone market. This infographic presents detailed information about the market situation and its possible development trends. In recent years, smartphones have become omnipresent, with low-end devices still being the most popular customers’ choice. What are … Read more
In our blog, we want to inspire you to source your products from China. We have already described several cases of successful China Sourcing, including GoPro and Nest Labs. This time, we write about something more common – eyewear from … Read more
We have several times reported on the impressive development of Xiaomi, a Chinese smartphone manufacturer. The founder of Xiaomi, Lei Jun, recently gave an interview. He explains the reasons for the company’s successes and emphasizes its unique characteristics. What is … Read more
Foxconn, also known as Hon Hai Precision Industry Co., Ltd., is among the biggest manufacturers of electronic equipment in the world. The following infographic presents some vital information about this company. Foxconn Foxconn is originally a Taiwanese company, but its … Read more
Drones are certainly a hot topic. Recently, apart from their usual military usages, they were employed in various civilian (and commercial) activities. DJI Innovations is a small start-up company from Shenzhen. It managed to enter the market with its Phantom … Read more
A few years have passed since Californian rapper, and hip-hop producer Andre “Dr. Dre” Young established his own company, which manufactured headphones. This high-quality equipment has become very popular among professionals and music lovers alike. The brand earned widespread recognition … Read more
Alibaba Group, the Chinese e-commerce giant, has become an important part of the world’s business environment. It is hard to imagine Sino-foreign commercial activities without platforms such as Alibaba, and the Chinese cannot imagine their online shopping without Taobao or … Read more
The following infographic shows the basic information about the main companies of Alibaba Group. Alibaba Group consists of the most important online b2b platform, Alibaba.com, Aliexpress – a retail marketplace for buyers and sellers, the biggest Chinese shopping platform Taobao.com … Read more
