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Trade Wiki

OEM in China

Original Equipment Manufacturer (OEM): Introduction, Pros & Cons

OEM Manufacturing allows you realizing your own product ideas while the Manufacturing Company only does the implementation. An Original Equipment Manufacturer should have experience with similar products, but the production line is set up for your needs. Get a new product, but benefit from the manufacturers capacities.

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ODM manufacturing with white and private label are an affordable way to start manufacturing

Original Design Manufacturer (ODM): Introduction, Pros and Cons

ODM Manufacturing is commonly categorized into White Label & Private Label Production. ODM Manufacturing Companies allow you to make use of a supplier that can already produce the good you are interested in. An Original Design Manufacturer lets you take part in their expertise & returns to scale saving you cost & time.

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Jobs in China are especially interesting in trade and manufacturing

Occupations in Trade: Job Opportunities in China

Job Opportunities In China are becoming a more and more attractive for foreigners from Western countries. However, also Chinese companies are expanding increasingly to Western countries which offers attractive perspectives, too. The outlook for both ways to engage with Jobs in China and Getting a Job in China is good.

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Business Negotiations in China are crucial for sourcing and manufacturing

Contract Negotiations: Chinese Business Bargaining

Business Negotiations in China are more difficult to handle than in Western countries since personal relationships play a bigger role. One should still be familiar with the product to avoid being overcharged. An additional challenge is to transfer results into an enforceable contract for Contract Negotiations in China.

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China Quality Inspection are crucial to maintain manufacturing quality

Monitoring & Inspection: How to Do Factory Inspections & QC

A factory inspection corresponds to quality assurance and the monitoring of goods corresponds to quality control. Both are crucial to avoid the problems that Chinese and other Asian manufacturers are known for. China Quality Inspection can be conducted by yourself or by Third Party Inspection Companies.

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Entering the Chinese Market remains difficult but is still lucrative

Market Access: How to Enter the Chinese Market

Entering the Chinese Market is attractive for Western companies since it’s large and growing. Exporting, using distributors, licensing/franchising and investing directly are the most common ways. The different ways of Market Access to China have advantages and disadvantages, depending on the product & circumstances.

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transfer money to china has many different options with pros and cons

Money Transfers: Different Methods to Pay Suppliers

Most Chinese suppliers & manufacturers accept a broad range of payment methods. Options to transfer money to China for paying suppliers differ most importantly with respect to their risk, speed and cost. Since usually a deposit of about 30% has to be made before production, consider it before any business is conducted.

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china currency war has become very important factor recently

Logistics: A Quickly Growing Market

China’s Logistics Sector is the biggest in the world. After opening up the industry within the scope of joining the WTO, almost all logistics providers from Western countries are present. A number of Chinese logistics companies is successfully competing, often largely limited to the domestic China logistics market.

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Chinese Legal System has many pitfalls

Legislation: An Introduction to the Chinese Legal System

The Chinese Legal System is obviously different from Western countries since there is no separation of the legislative. Existing laws are not always and everywhere enforced which leads to idiosyncratic judgments. The law in China is divided into three separate categories: civil law, criminal law and administrative law.

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WTO dispute China and US have important implication on trade

Jurisdiction in Trade: The WTO and Dispute Settlement

The WTO serves as international authority with respect to trade conflicts. Agreements, WTO law and allegations about violations are negotiated here. It is in fact the only supranational instance that is in the position to judge countries for misbehavior. The WTO dispute China faces is based on this legislation.

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