China-Japan- Korea S. FTA Will Promote the Development of Chemical Industry in Shandong

Posted on May 25, 2012  by Xixi  in General News, Importing from China   No Comments »
China-Japan- Korea S. FTA Will Promote the Development of Chemical Industry in Shandong

On May the 13th, during the China-Japan-ROK Leaders Meeting, the Chinese Premier Wen Jiabao , South Korean President Lee Myung-bak and Japanese Prime Minister Yoshihiko Noda mutually agreed that this year, China, Japan and South Korea would initiate FTA talks . Based on its existing industrial foundation, Shandong, a major Chemistry industry province and a […]

Bright Prospects for Chinese Sea Food Products Import and Export

Posted on May 17, 2012  by Xixi  in General News, Importing from China   2 Comments »
Bright Prospects for Chinese Sea Food Products Import and Export

This year, China’s import and export of aquatic products have achieved encouraging results , from January to October this year , China ‘s import and export volume of aquatic products amounted to 6.6908 million tons, with a total revenue of $ 20.629 billion, an year on year increase of 17.53% and 29.02% respectively, among which […]

China’s Export of Rare Earth to Japan Increased by 167% In the First 9 Month This Year

Posted on April 20, 2012  by Xixi  in Importing from China, Power Rationing   No Comments »
China's Export of Rare Earth to Japan Increased by 167% In the First 9 Month This Year

On the 16th, April, Ministry of Commerce spokesman Yao Jian said in answering a reporter’s question that during the first nine months this year, Chinese total exports of rare earth amounts to 32,200 tons, among which 16,000 tons were exported to Japan, an year on year increase of 167% , accounting for 49.8% of the […]

HSBC: China Is to Become the World’s Largest Trade Country by 2025

Posted on April 19, 2012  by Xixi  in General News, Importing from China   No Comments »
HSBC: China Is to Become the World’s Largest Trade Country by 2025

According to the survey released by HSBC yesterday, by 2025, the total Chinese trade volum is expected to reach 6?300 billion USD, up by 1.5 fold, which is twice the size of the global trade increase over the same period. And China is to exceed the US as the largest trade A The report indicates […]

China Furniture Products Quality Control Part 2: Check the Details of Specific Products

Posted on April 17, 2012  by Xixi  in Importing from China, Quality Control   1 Comment »
China Furniture Products Quality Control Part 2: Check the Details of Specific Products

1. L Types of Bed (single bed/ semi-double bed/ double bed and bunk beds, high beds): the bearing standard of the bed board is 180KGS. Test method: put a 50CM * 100CM sand bag (180KGS) in the center of the bed board and the board should not be bent. For QC staff( 60kg) to walk […]

China Furniture Products Quality Control Part 1: Common Knowledge and Standard

Posted on April 14, 2012  by Xixi  in Importing from China, Quality Control   1 Comment »
China Furniture Products Quality Control Part 1: Common Knowledge and Standard

1) Frame material: MDF / particleboard / plywood / solid wood. Now Japan’s requirements on furniture FORMALIN content are very strict, therefore, the materials shall all go through the E1 standard before export. And usually the standard falls into three categories, namely, E0/E1/E2. 2) Leather: leather / PU leather / PVC Leather: with fuzz on […]

Case study: Letter of Credit Risk Management

Posted on March 04, 2012  by Xixi  in Case Study, Payment Term   8 Comments »
Case study: Letter of Credit Risk Management

? Case 1 Before the outbreak of the Second Gulf War, a Naijing Company sold 2000 tons ethotic plastics (worth 2.18 million USD) to a Singapore company. After the contract was sealed, the seller received the letter of credit from the buyer and then made the delivery according to the article of the contract. What […]

Experts Predict There Will Be a 3% Appreciation of the RMB in 2012

Posted on February 19, 2012  by Xixi  in Yuan Appreciation   No Comments »
Experts Predict There Will Be a 3% Appreciation of the RMB in 2012

Over the recent period since the beginning of 2012, the exchange rate of the RMB against the U.S. dollar rises continuously, topped the 6.3 mark yesterday and increased 179 basis points over three trading days. In his remark addressing this issue, Zhang yimin, PhD in Finance from the China Europe International Business School, said that […]

Popular payment methods that Chinese suppliers accepted

Posted on February 18, 2012  by Xixi  in Payment Term   1 Comment »
Popular payment methods that Chinese suppliers accepted

For chinese exporters, the safe, timely, and full payment is the top priority. As it has been mentioned before, foreign trade is a document transaction. As long as all the documents have been handed to the customer, the exporter would regard the goods as being handed to the customer as well. Then, how to get […]

Clothing Quality Inspection Standard (AQL)

Posted on February 10, 2012  by Xixi  in Importing from China, Quality Control   No Comments »
Clothing Quality Inspection Standard (AQL)

1. General Overview of AQL Inspection AQL, the abbreviation of the acceptable quality level, is a parameter rather than an inspection standard. The Inspection of goods shall be in accordance with the bulk range, the inspection level, and the AQL to determine the number of samplings and the ratio of qualified and inferior goods. The […]