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Why is Coastal China Famous for Manufacturing and Exports?

In 2010 China overtook the United States and became the world’s largest manufacturer and in the same year China also surpassed Japan and became the world’s second largest economy. China’s incredibly short journey from agricultural and command economy to global superpower status is just the beginning. The coastal areas of China have played a major role in the country’s economic development. It is estimated that over 80% of China’s exports are manufactured in costal China, and that over half of China’s 1.3 billion populations live in these coastal areas.

V-Trust team

How to Avoid Placing Order to a Cheater

Are you worrying about whether the new supplier you are going to cooperate with is a cheater? Everything might seem to be going on quite well and smoothly from the order confirmation to the shipment. But after you settle the balance payment, the supplier disappears but then you get nothing from them.

V-Trust team

Industry Geography of Chinese Suppliers

One of the advices which experts give to importers is to correlate the supplier’s location with the industry geography in China. This is an easy way to estimate if this is a trading company or a real factory which would normally be situated in an area typical for this particular industry.

V-Trust team

Be cautious! Email Hackers are Stealing Your Payment!

You were emailing with your overseas suppliers about the new orders. The supplier was replying with their bank information. You were arranging the payment via wire transfer…

V-Trust team

How to deal with Intellectual Property rights in China?

If you have ever had the opportunity to negotiate with Chinese suppliers, you would know that the word “impossible” does not exist on this market. It is enough to look around in Chinese streets full of well known trademarks or products that really look like famous brands. So when you think about it, there should be nothing easier than finding a manufacturer who created those.

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