Payment to an account in Hong Kong or Singapore when importing from China

When you have already chosen a product you want to import and found its manufacturer, you must pay for the order. Chinese suppliers often ask importers for payment of the amount due to the bank account not in Mainland China but, e.g., in Hong Kong, Singapore, or Vietnam. Such a situation should be a warning sign for you. Why not agree to this condition? What does it mean for an importer?

Payment to an account in Hong Kong or Singapore
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Importing beauty products from China to the EU

Importing beauty products from China has gained popularity in recent years. We can notice more and more Asian cosmetics appearing on the western markets. This article will discuss requirements for beauty products on the European market, duty rates for such goods, their production areas in China, and more. We present all you need to know about importing beauty products from China to the EU in a nutshell.

Importing beauty products from China to the EU
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Importing fitness equipment from China to the EU

Since doing sport and working out became a global trend, importing fitness equipment from China to the EU has skyrocketed and remains popular. While some people do sports for their health, many treat it as one of the ways of relieving everyday life stress. That’s why the demand for such products is high, and their import may be a good idea for a profitable business. Check the duty rates and requirements for importing fitness equipment from China to the EU.

Importing fitness equipment from China
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Importing Handbags and Backpacks from China to the US

China is the world’s leading producer of handbags, backpacks, and similar accessories. The rising quality of products and their competitive prices are among the main factors that lead American importers to source from China. Various types of bags are one of the most necessary product categories, and the US handbag market is growing at the pace of around 4.5% annually. In this article, we give some tips on importing handbags & backpacks from China to the US.

Importing handbags and backpacks from China to the US
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What is OEM?

When importing from China, all entrepreneurs are faced with a choice of their business partner. We can come across various types of manufacturers, such as OEM, ODM, or OBM. These terms state the scope of the importers’ influence on the ordered goods’ project, design, and manufacturing process. We answer questions, what OEM is and why it’s worth putting your logo on a Chinese product. 

What is OEM
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Importing machinery from China to the EU

Machinery is one of the leading Chinese export products’ groups. It takes second place right after electrical and electronic equipment. Moreover, duty rates on machines from China are relatively low, making their import beneficial to European companies. In this article, we cover the topic of importing machinery from China to the EU. Find out what their production areas and customs rates out. Check importers’ obligations for machinery.

Importing machinery from China to the EU
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What is the Unified Social Credit Code?

When importing from China, you’ll come across some terms that are crucial to know. One of them is the Unified Social Credit Code (USCC). This code is issued to all registered companies and various organizations throughout Mainland China. What exactly is this number, and why is it so important? How to check Unified Social Credit Identifier and where to find it?

Unified Social Credit Code
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Power outages in China – How will they influence import?

The last days have been tough for both Chinese factories and whole production chains, and citizens—problems with the electricity supply appeared in the country, engendering temporary power cuts and even long-lasting blackouts. As a result, it caused slowing down the work in factories or even the complete discontinuation of production. If this situation lasts for a more extended period, it will significantly impede trade with China. Why have power outages in China appeared? What should importers do?

Power outages in China
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Importing electronics from China to the EU

Electronics is one of the most often imported groups of goods from China. The demand for electric and electrical appliances is constantly high, and the duty rates for such products are extremely low. Both these factors mean that importing this type of goods may be a beneficial idea for a business. We present all you need to know about importing electronics from China to the EU. Check the duty rates and importers’ obligations.

Importing electronics from China
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Trade fairs in China 2022

The coronavirus epidemic has rocked international trade and heavily influenced methods of establishing cooperation with China. Chinese trade shows, which gather importers from all around the world every year, since 2020 has been continuously canceled or postponed. Some of them were moved to the online sphere to face up to the new reality. How will the trade fairs in China look like in 2022? Will there be a possibility to attend such events offline?

Trade fairs in China 2022
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