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Knowledge Base Articles

  • Which City is the Financial Center in China?

    There is a long time debate in China about the following question: Which city is the financial center in China? If you raised this question 10 years ago, the answer is definitely Hong Kong, but now Shanghai is catching up really fast, and Shenzhen, a city near Hong Kong, is grabbing more attention. Shanghai used to be the financial center of China for a long time. When I travelled to Shanghai I heard quite a lot people talking about the old Shanghai, they said the city used to be called the Eastern Paris in the early 20th century. That city became history when the Communist took power and shut down all stock activities. The old stock dealers were worried about their asset being captured by the government, they chose to leave Shanghai to Taiwan or to Hong Kong, which made this small city full of financial talent. Due to the immigrants coming to Hong Kong, the city developed really fast after the second world war, and made it become a am   
  • Eco Friendly Water Bottle - Save the Planet and Yourself

    Any of us that are at all concerned about the state of the environment should consider the purchase of an eco friendly water bottle to carry around. We need to move away fro the use of prepackaged water as the main source of our supply. By using prepackaged water as our exclusive source of H2O, we are not only killing the planet, but we are also possibly killing ourselves. Did you know that in the U.S. alone, over 60,000,000 plastic bottles are manufactured, transported, and disposed of every single day? It is estimated by some, that it takes more than a thousand years for a bottle to degrade once it is deposited at the landfill. Do you even realize what the chemicals from these plastics are doing to our groundwater system? An eco friendly water bottle, which we would never need to dispose of and that contained no chemical agents whatsoever, would be ideal. We need to stop the flow of these bottles into our lan   
  • How To Source And Import From China - Managing Risk

    Importing products from China is a great way to locate new business opportunities and increase profit growth. While the initial stages can be complicated, the payoff in terms of both immediate profit and long-term success is tremendous. Sourcing products from other countries, however, comes with its share of potential risks. It is recommended that first-time buyers follow certain precautions before embarking on any potential transaction. Locate The Right Product The first step is to locate a suitable product that interests you. Try to obtain as much information as possible about the demand for prospective products in your local market. Make sure that sourcing your chosen product from China is truly a cost-effective proposition. Factors like retail margins, VAT, insurance, taxes and freight and currency differences all affect the final retail price and many first-time bargain hunters end up sourcing a product at a price that is too high   
  • What You Should Know When Looking For Wholesale Tool Distributors From China

    Importing from wholesale tool distributors in China promises cheap buys and higher profit margin but is not without pitfalls. There are a few things sellers need to be aware when working with suppliers from China in order to establish lasting business relationship and trust. Payment The first thing sellers need to know is that most Chinese wholesale tool distributors only accept Western union and wired transfer as mode of payment. It is unsecured and hardly traceable. In the event of a dispute, most of the time, buyer will end up at the losing end. So why do these suppliers use Western union and wired transfer? This is because for majority of retailers in China, these are the only mode of payment they can use as it is not easy and straight forward to obtain credit cards in the country. Hence, majority of suppliers only accept these modes of payment. What can retailers from other countries do? Well, you can minimize th   
  • Wholesale Supplier - Some of the Common Traits of the Fake Wholesale Suppliers!

    As the economic crisis drowns the world with lay offs,everyone wants to find means and ways to earn money to add to their financial stability.The easiest way to do so is through drop shipping as a lot of up front payment is not required in it. Advantages of Drop Shipping: - You do not need a room to store your products - No hassle of handling and delivering - No need to have a lot of investment money to purchase the huge quantity of inventory! Any real wholesaler will deliver any product for you,directly to your customer from their warehouse.Also before even delivering the product, the customer will pay you! This is just a great business setup and it easily attracts many people to selling online,but at the same time it also attracts a lot of people who want to play fake and fool you while you think that these people are wholesale suppliers! Here are some common traits of the fake w   

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