Posts Tagged ‘import-export’
Hong Kong’s Virtual Scammers
AsiaBridge Law’s blog team recently published a blog about sending money to Hong Kong accounts. Many buyers seem to be getting scammed by sending money to an account in HK but the goods are being produced in China. This right here, AsiaBridge tells us is a red flag. Many people automatically trust this because it’s…
Read MoreBest of Fall at Global Sources [GS]
October saw lots of buyers at the Global Sources [GS] trade fair in Hong Kong and the rest of the season GS brought us up to date sourcing news and trends. We’ve compiled the best of Fall from GS. What China makes: 10 things the country is big on [Infographic] GS provided us an interesting…
Read MoreHow to lower my exposure to risk when sourcing?
We have to make a 30% down payments to some suppliers in China against orders. How can it be secured and how to guarantee delivery of goods? The answer to your question has two parts. How to find the right supplier in the first place to ensure they are a legit seller and not a…
Read MoreGlobal Sources–Winter Wrap Up
Global Sources always provides the latest in all things sourcing. Here are our favorites, from winter 2012-2013. Why is China expensive? Global Sources provided an excerpt from the article, ‘“The End of Made-in-China?” orginially from Silk Road Associates. GS summarized different scenarios causing buyers less likely to ‘buy China.’ Two in particular, China’s youth labor supply…
Read MoreI Want to Purchase Goods from China, But Don’t Have Importing License. Is a License a Must?
The answer to your question is highly dependent on the rules of your specific country. But generally speaking, most importers in the major markets don’t have a special import license. They do, however, engage customs brokers who are licensed to manage the movement of overseas goods into the buyer’s country. The following link explains how…
Read MoreMy Goods Are Stuck in China Customs.
I have been exporting toys from China for 3 years. I currently have a 20′ and a 40′ allegedly being held by customs in China and our agent says they want a 13,000$ so called “fine” for them to come off the wharfs and on to a ship. I just refuse to pay. We have…
Read More“Is a Trading Company the Same as an Import Export Company?”
If you ask 10 different people, you will get 10 different answers. But if you are talking about China based companies, then a trading company and an import-export company are the same in that an import-export license is needed from the Chinese government to bring products into and out of China. However, there are a…
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