China’s labor costs are rising fast and report by the Steve Johnson in the FT, however, reveals that China’s average wage level has tripled between 2005 and 2017 and now stands higher than in Brazil, Argentina and Mexico. China’s labor costs have been catching up to those of more developed …
Read More »Monthly Archives: March 2018
Lucrative Business Aspects of China’s Titanium Dioxide Market
Titanium dioxide (TiO2) is a naturally occurring mineral that is mined from the earth, processed and refined. Its high refractive index makes it a popular ingredient in whitening formulas because it provides a bright reflection; it is also considered an effective opacifier. In its natural state it exists in different …
Read More »3 Most Common Myths Regarding China Sourcing
The stability and certainty that surround the Chinese economy are the biggest reasons why companies from all over the globe source products from here or intending to open up manufacturing unit here. Despite rising labor costs, China has kept a steady increase in both exports and imports. Global companies still …
Read More »Why American Market is Flooded With the Made in China Tires
Since the access to World Trade Organization, the automobile industry of China has grown enormously and the country has become the world’s biggest automobile manufacturer and distributor. Revenue of the Tire Manufacturing industry in China was around $95.6 billion in 2017, up 3% for the year. Over the five years …
Read More »Why Ocean Freight is Ideal For Sourcing Goods From China
China is the favorite hunting ground for the US and the European businesses to import different types of goods at an affordable price. You can diversify your business by sourcing cheaper-made products imported from China. It sounds good, but getting your order docked in your home from the factory of …
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