This morning, I spoke with a client. He said he needs a simple supply contract to use for his sourcing business in China. I sent him a checklist, so that he can let me know what he expects the contract to specify. He replied that he needed quick advice, he can’t sit and write all…

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April, May, and June was a busy time for Global Sources.  In April they held a trade show in Hong Kong all the while releasing fantastic blogs.   3 choices for China factories in these changing times Dr. Mark McKay offers a look at the options Chinese factories are facing that American factories faced more…

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Asia Quality Focus presented lots of good stuff in May.  AQF answered the question, ‘do I need inspections and lab product testing?’  Later AQF stressed the importance of inspection seals placed on finished product.   AQF posed the question as to whether the seals are secure.  AQF discussed Bangladesh’s building tragedy and how it relates…

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Fiducia Management Consultants, Global Sources, AsiaBridge and Asia Quality Focus all released some fascinating content during Trade Show Season.  Fiducia discussed the RMB transitioning into a Global Currency.  GS provided insight on two completely different topics within sourcing.  AsiaBridge blogged about WFOE [Wholly Foreign Owned Enterprises].  Lastly AQF gave us an hypothetical specific checklist inspectors typically…

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WFOEs usually take the form of limited liability companies and the liability of the foreign investor in respect of the WFOE is limited to the amount of capital it agrees to contribute.  The risk of proceeding with a WFOE structure is that a foreign investor will not have the assistance of a domestic partner when…

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Avoiding Middlemen in China

Summary Written by Mike Bellamy, the founder of Shenzhen-based sourcing agency PassageMaker, this whitepaper is a behind the scenes look at common tactics used in China to deceive buyers.  Is designed to give the reader the tools needed to avoid typical traps. Target Audience Buyers sourcing or interested in sourcing from China. About the Publisher…

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