Everybody knows that prices are on the rise for made-in-China goods due to higher input costs such as labor and rent, not to mention the appreciation of their currency. But the interesting point, as this article states, is that exports are up, despite the increased costs. Granted, as the article explains, profits may be getting…

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How reduced import tariffs in China help foreign buyers When China joined the World Trade Organization (WTO) they committed to a schedule to reduce trade barriers and reduce duties and taxes.  For the most part, China has lived up to their promises. In many cases, in the effort to reduce soaring inflation at home, the…

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September 2011 headlines in China included “China manufacturing growth rates slows” and “inflation pulled back from a 37-month high.”  Read the following two blog posts to learn why this is good news for the sourcing industry. China’s manufacturing slowdown. Why it’s GOOD news for us buyers. Chinese Consumer Price Index   Wishing you successful China…

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China’s Ministry of Finance announced in June that the country will cut or completely eliminate tariffs on 33 commodities, ranging from fuel to textiles.   What does this mean for the sourcing industry?   1.  If you happen to be buying from a supplier that used one or more of these 33 commodities as the…

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