The trade wiki provides you with perennial articles about the basics of doing business abroad. This essential sourcing guide covers all issues; from product specification to supplier research and customs, all important technical, legal, economical and political aspects are covered. Furthermore, we have a series of articles for the our most popular product categories. We cover many production locations throughout the articles, but China is in the center of attention due to its popularity as manufacturing location. We sometimes refer to it as China trade wiki. This is the best place for you to look up any trade related topic. Make sure that you also take a look at our manufacturing blog for more specific articles and at our industry reports for the product category that you’re interested in.
Customs in China are well-known to be meticulous about goods entering and leaving the country. Corresponding paperwork with respect to taxes, tariffs and certifications should be prepared neatly to avoid any troubles. Furthermore, also the China Customs Restrictions for banned items should be adhered.
China visa requirements for citizens of Western countries are quite strict. The visa application process should be done in your home country, but Westerners can usually go without a visa to Hong Kong or Macau and also apply from there. Tourist, business and work visas are the most common types.
Protectionist measures are increased reciprocally in a Trade War between countries. China Currency War & China Custom War tendencies are often seen. Initially limited to certain products, revenge intentions can escalate and hurt the economies of all countries. Regulations by the WTO are important to prevent conflicts.
In contrast to most developing countries, China already has advanced infrastructure development in place at least for urban areas. China Infrastructure Spending on improvements accounts for 9% of its GDP annually. The country is eager to bring its infrastructure up to the level of a developed nation.
China’s Main Trading Partners Relations have become much more important for both sides. Due to the focus on manufacturing and export, the most important Trade Partners of China are Western countries and industrialized countries in Asia. It is expected that other Asian countries become more important in the future.
China Import and Export Fairs have lost significance due to the rise of online platforms, but a China Trade Fair is still useful if you want to get in touch with many suppliers in a short time. Furthermore, particularly Trade Exhibitions about niche product categories allow you to find related companies.
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