Governments, such as the US government, put in place measures that protect domestic industries. Tariffs (customs duties) are one of the measures. A tariff is a tax levied on the value of imported products, resulting in higher consumer prices, making … Read more
In 2022, China exported goods with a value of 3.59 trillion dollars. As the world’s biggest exporter, it is a very popular place to source products at competitive prices. Importers often use websites such as Made in China or Alibaba, … Read more
China resumes issuing visas for foreigners from March 15, 2023. The new policy applies to all types of visas including the tourism visa. Moreover, valid visas issued before March 28, 2020, are reactivated. China resumes issuing visas China used to … Read more
Citizens of certain countries must obtain a visa to travel to China. To get a business visa to China (M type), you must submit an application along with a set of documents. One of the required documents is an invitation … Read more
As the pandemic subsides, travel restrictions are lifted. For example, there is no centralized quarantine for travelers to Hong Kong and China anymore. Can you get a tourist visa to China or any type? Read about Chinese visa types for … Read more
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
South Korea is one of the largest exporters of goods globally, and it ranks fifth in this respect. When preparing to import from Korea, it’s worth checking out what suppliers from the tradeKorea portal have in their offers. It’s an … 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
One of Vietnam’s characteristics is its centuries-old traditions, which find inspiration in both Chinese and Indian civilizations. Many different festivals are celebrated in Vietnam, some on a national scale and others more local. Some of the holidays have moving dates, … 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
There are 21 free trade zones in China (FTZ). Companies in the FTZ enjoy many profits, like lower corporate tax rates and fast customs clearance. In 2021, China’s 21 FTZs contributed 17.3% of China’s total foreign trade. This article discusses … 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
Xiaomi, one of the world’s largest smartphone makers, did not even offer a phone when it started but an operating system. Now, it is among the leading consumer electronics manufacturers. Check out facts about Xiaomi. Xiaomi Our other posts about … Read more
In our blog, we want to inspire you to source products from China. We have already described several cases of successful China sourcing, including GoPro and Nest Labs. This time, we write about an everyday product, eyewear from Warby Parker. … 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 the world’s biggest contract manufacturer of electronic equipment. The following infographic presents important information about this company. Foxconn Foxconn (富士康) is a Taiwanese company, but its production bases are … 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 started as a small start-up company from Shenzhen. It managed to enter the market with its … Read more
It has been a few years since Californian rapper and hip-hop producer Andre “Dr. Dre” Young established his own company, which produces headphones and speakers in China. This high-quality equipment became very popular among professionals and music lovers alike. The … Read more
