12
Dec
China-U.S._Truce

China U.S. Truce – Trade War?

The China U.S. truce has agreed to a 90 day pause in the trade war during the G20 Summit meeting in Argentina. Mr. Kudlow comments on the China U.S. truce as follows: “The president has indicated if there’s good, solid movement and good action, he might, he might be willing to extend the 90 days. We’ll have to see on that,” …

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28
Nov
Shipping Terms FOB CIF

Shipping Terms: CIF vs. FOB

The International Chamber of Commerce coined INCOTERMS in 1936, which was revised in 2010. Incoterms are simply international commerce shipping terms. There are 13 incoterms and each one represents an agreement that governs the shipping responsibilities of sellers and buyers within international trade. This system was put in place so as to facilitate orderly international trade through contract models that cross …

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22
Nov
Rail Routes China Silk Road

China & Europe Rail Routes

New rail routes between China and Europe In 2016  over 500,000 tonnes of freight went by train between China and Europe. Over 311 tonnes to Europe and over 200 tonnes from Europe to China. In 2013 it was next to nothing. The new rail routes are faster than the routes by sea. According to CSIS one company alone reported cargo value …

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13
Nov

New Silk Road & Manufacturing in China

New Silk Road: Enormous potential for Austria The New Silk Road holds enormous potential for the Austrian economy and direct access to rapidly growing markets, RCG pointed out. “Trade growth between China and Austria is booming. It is all the more important that we offer our customers attractive connections and strong partnerships. With the MoU and the cooperation the RCG …

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3
May

U.S. Steel Tariff?

How are the new tariffs Trump put on steel affecting the U.S. sourcing  business? “The tariffs are likely to keep driving up U.S. domestic metal prices, which have already been on the rise since the beginning of the fourth quarter of 2017. According to a report in Reuters, U.S. steel mills typically adjust prices once a year. In 2018, they’ve …

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12
Jan

Chinese New Year – Feburary 16, 2018

The Chinese New Year is the biggest holiday in Asian countries, with companies taking anywhere from two to four weeks off. Production Schedules Chinese factories have packed production schedules in the runup to the shutdown for the holiday, which will be at the end of this month. As we get closer to February 16, it will become increasingly difficult to …

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20
Nov

Product Quality Inspection Services in China

The advantage is that you  have an independent, impartial third party company that will inspect your shipment to your specifications. We have found product quality inspection services to be an excellent way to provide our customers with the best quality control. We have contracted with a third party inspection company to provide on-site product quality inspection services in China for our …

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