Posts

Showing posts with the label China

Trade War Against China Is Officially Underway

Image
From the New York Times : A trade war between the world’s two largest economies officially began on Friday morning as the Trump administration followed through with its threat to impose tariffs on $34 billion worth of Chinese products, a significant escalation of a fight that could hurt companies and consumers in both the United States and China. But the trade measures come at a cost for American firms, which are facing potentially devastating disruptions to their businesses. Economists say [the] trade war will raise costs for American industry, potentially threatening the manufacturing jobs that [he] has long said he wants to protect. And some of those higher costs will ultimately work their way through the supply chain to American consumers.

Chinese Entrepreneurs and their four Silicon Valleys

On September 19th, 2014, Alibaba, a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer, and business-to-business sales service via web portals, broke records when at the end of the day of their Initial Public Offering, Alibaba's market value was measured at US $25 billion. For a long time now, Westerners have viewed China as an inferior country when it comes to business.  But things have changed, and now China is making it's mark on the international business market, especially when it comes to technology.  China has four Silicon Valleys compared to one in the United States.  Read more about how "China Triumphs as Silicon Valley Primps"  here . Text from Wikipedia ( http://en.wikipedia.org/wiki/Alibaba_Group ) used  under the Creative Commons Attribution-ShareAlike License.

Michael Chamberlain & Cynthia West-Chamberlain of Black Willow Winery, NYS SBDC Agricultural Entrepreneur of the Year

Black Willow joined the Niagara Wine Trail in January of 2011. This fulfilled a longtime dream for the owners. They converted a 35-year-old pole barn into their tasting room and production area. They hired a local winemaker as a consultant to ensure the quality of their wines. Black Willow is open seven days a week and currently offers nine wines. They have several new varieties in development. In addition, they have 500 peach trees and 30 cherry trees. Black Willow has product in the SBDC Wine outlet in China. Cindy joined Jinshui Zhang of the NYS SBDC, and Empire State Development on a trade trip to China in the fall of 2012. She has shared what she has learned with others on the wine trail. The Niagara SBDC (Maureen Henderson) helped the clients put together their loan package/business plan to obtain their start-up funding. Additional assistance included aiding the development of their marketing strategy including a comprehensive branding approach and helping them connect with ...

Doing business in China without getting ripped off

There is a great blog I came across called China Law Blog , which anyone wanting to export items to China. For instance, I discovered in this article that there are Fake China Law Firms...where companies "thought they were paying money to a Chinese law firm for something like registering a trademark in China or drafting a manufacturing agreement. Instead, they paid money to somebody that had set up a temporary website with the sole intention of bilking the unwary." Also check out Protecting Your China IP. Me Thinks Thou Dost Worry Too Much . A most useful site.

Economic and Geo-Political Implications of China-Centric Globalization

The last 30 years have witnessed the era of globalization which has been marked by the creation of an integrated global economy. Globalization has been the product of both policy and market forces, and U.S. policymakers have persistently been in the vanguard. However, what began as a project of globalization has been transformed with little explicit public discussion into a project of China-centric globalization. More HERE [PDF] .

Importing from China

I've found www.importexporthelp.com to be quite useful for questions involving identifying companies from which to import. If you go to this page , click on the Download eZines item in the gray box to the upper right; Download your free e-magazines from Global Resources. GR has been around for 40 years and, I am told, does not allow ads from entities with negative feedback. Also check out this page , especially items 2 and 3, for other resources to check.