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
A medical vaporizer can be used for an oral administration of cannabis flower, which is recommended by some healthcare professionals. Medical cannabis vaporizers make up only a part of the market, but many of them are produced in China. Medical … Read more
We attended the National Hardware Show, which was held at Las Vegas Convention Center in May 2014. It’s nearly impossible to meet every exhibitor due to the fact that it’s one of the biggest trade fairs held in the United … 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
The Chinese e-commerce giant Alibaba Group has become important to the world’s business environment. It is hard to imagine Sino-foreign commercial activities without platforms such as Alibaba, and the Chinese cannot imagine their online shopping without Taobao or Tmall. The … Read more
From May 6 to 8, National Hardware Show 2014 is held at Las Vegas Convention Center. Manufacturers from around the world present various products, including hardware and tools, paint and accessories, homeware, plumbing and electrical accessories, and lawn and garden … Read more
Alibaba Group consists of the most important wholesale b2b marketplace, Alibaba.com, AliExpress, an online retail marketplace, the biggest Chinese shopping platform Taobao.com and many others. All of those companies add up to the impressive profits achieved every year. Alibaba Group … Read more
Xiaomi is a Chinese smartphone manufacturer which is very successful in its home market but plans to expand further. Recently, it revealed its plans to enter 10 more markets. The markets are India, Brazil, Russia, Indonesia, Malaysia, Mexico, the Philippines, … Read more
T/T payment is a common abbreviation for “telegraphic transfer” and “telex transfer.” The money is transferred between two bank accounts at a reasonably satisfactory speed (usually within five working days). T/T payment is often used when doing business with Chinese … Read more
We have already written about some successful China Sourcing companies, including GoPro. Today, we present another company, this time from Europe. It successfully sells high-quality electronic equipment around the world. Its production base is located in China. SteelSeries specializes in … Read more
The E-commerce market grows in size year after year. Which country is on the top? The answer is China. China is the biggest eCommerce market in the world. How did Chinese B2C e-commerce become so big? Chinese B2C ecommerce In the … Read more
If you import to the European Union, you must provide a “CE certificate” for customs and market surveillance purposes. But to the surprise of many companies importing from China, the CE certificate has some limitations. It can easily be forged. … Read more
What should the verification of a Chinese company look like? What kind of information can be obtained through this process? Is it really an essential step, or can the whole process be skipped? We will answer how to check if … Read more
It has been a long time since China opened its vast market to foreign investors. It created many opportunities but also risks. A lot of people, blinded by the perspective of big profits, forgot about basic safety measures. As a … Read more
The 115 Edition of the Canton Fair will soon be held in Guangzhou (Canton). It will be the perfect occasion to establish valuable trade relationships, but – as always in China – some preparation is required. Canton Fair 2014 online … Read more
Tencent acquired a 15% stake of JD.com for $214M. What does it mean to Chinese B2C e-commerce? Chinese e-commerce market consolidation China accounts for more than 50% of global online retail. There are two major players in the Chinese B2C … Read more
Chinese smartphone manufacturer, Xiaomi attracted attention again. Its products are very popular in the Chinese internal market, but the company is willing to expand further to other places. Singapore is one of the steps on the way. Xiaomi enters Singapore … Read more
China is one of the world’s largest alcoholic beverage markets. For many years, the Chinese people preferred domestic alcoholic beverages. Recently the structure of demand changed. While the shelves of Chinese supermarkets are still filled with expensive ceramic jars with … Read more
Vaping is getting more popular. E-cigarettes are a great alternative to traditional ones. Some people do not know that the device was invented and patented in China in 2003. In the Chinese market, the retail price for a single pack … Read more
The Internet is filled with stories about successful dropshipping enterprises, and many of them are based on products imported from China. Several websites also offer cheap products from worldwide brands. But is it reasonable to engage in drop shipping practices … Read more
For many years, China has been a place where European and American companies moved their manufacturing facilities to, mostly in order to take advantage of cheaper labor. “Reshoring” or “onshoring” is the opposite of offshoring. It means moving facilities back … Read more
China is the world’s biggest smartphone manufacturer. In 2021, China shipped almost 330 million units of smartphones. New models keep coming out, and the demand is still going strong. If you want to import smartphones from China, you need to … Read more
Chinese company Lenovo, which is one of the biggest personal computer manufacturer in the world, is expanding in the mobile phone field. Recently, it has taken over the Motorola smartphone unit. Lenovo buys Motorola Lenovo purchased Motorola Mobility from Google … Read more
Usually, during the official holiday period, the whole private sector is working, but governmental institutions are closed. Holidays are also a chance for people to travel around China, so it is really hard to get a train ticket, and the … Read more
Dashcams are becoming more and more popular around the world, including in the US and Europe. Those kinds of devices are also relatively popular among Chinese drivers. China is one of the world’s biggest producers of dashcams, and a huge … Read more
Nest Labs was a home automation company from Palo Alto, CA. It produced smart, Wi-Fi-enabled programmable thermostats and smoke detectors. It was co-founded in 2010 by two former Apple employees: Tony Fadell and Matt Rogers. When Google acquired it in … Read more
China is the world’s biggest trader of physical goods. China exported $2.65 trillion worth of goods and imported $1.55 trillion worth of goods. The combined value is bigger than the US exports and imports. China is the biggest trader China’s … Read more
Chinese New Year (Spring Festival) is the most important festival in China and in many other East Asian countries. Chinese people celebrate it with their families by sharing a meal, drinking, and fireworks shows. In 2014 the Chinese New Year … Read more
China is number 2 in the medical equipment market in the world. China’s healthcare infrastructure is still below the levels of developed nations, but consumers’ expectations are rising, as well as their purchasing power. What is the customs duty for … Read more
