Chinese New Year 2015 – impact on imports from China

The Chinese New Year (the lunar new year) starts on February 19.2015, but it is worth to prepare in advance. It is the most important holiday in China, this has consequences for the rest of the business world. So if you do business with China, have it in mind.

Chinese New Year 2015

During the celebration, most Chinese factory and office employees travel to their homes (often to different cities and provinces) to spend that time with their families, this results in a break at work for at least a week in most Chinese companies.

At this time it is almost impossible to do any serious business with China. Mind the fact that the Chinese Holiday gap may extend up to two weeks. You won’t be able to contact your supplier in China, get any cargo out of a Chinese Port, contact the Customs office, banks and other important institutions.  So prepare for this. That’s why you should finish everything before the mid of February.

We also don’t recommend you to travel during the Chinese New Year to China, every hotel will be booked, airline ticket will go up and whole China will be “moving”.

It is often the case that workers do not come back to their previous jobs after this holiday, so many factory owners need to hire new employees. Many China importers are trying to avoid this slowdown, so they are placing bigger orders end the end of this year, it creates high demand for cargo shipping.

If you consider buying goods and import from China, mind all Chinese holidays and especially the Chinese New Year the most.

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