Business in China

3PL Services actually stands for 3rd party logistics, or third party-unrelated to the business. A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. 3PL providers allow ecommerce merchants to outsource fulfillment, which is often …

According to the World Bank, China accounted for nearly 60% of the footwear the US imported in 2017—and nearly all of the footwear sold in the US is imported. The White House has released a fresh list of about $300 billion in Chinese goods that could get hit with 25% …

It has been noticed over the last couple of years that a huge number of enterprises have taken up private labeling as a viable business model. A private label product is manufactured by a contract or third-party manufacturer and sold under a retailer’s brand name. Private labeling offers retailers the …

In 2017, Chinese drugmakers won US Food and Drug Administration approval for 38 generic drugs. Among the recipients, one of the country’s largest drug companies — Huahai Pharmaceutical — topped the list. It had 10 generic drug approvals, mainly for anti-depressants and blood pressure medications. A rise in generics exports …

It is really important for the wholesale owners to maintain competitive edge and find retailers on a consistent basis. But to be very honest it is quite a complicated task. Usually, wholesalers act as a middleman between manufacturer and distributor, and the crucial part is leveraging that position to your …

It is quite a common incident that after finding a Chinese supplier and sending them money to start the production, the foreign companies have found that the end product is of the inferior quality or the shipment keeps getting delayed. In spite of making repeated requests, the Chinese supplier is …

Boosted by government infrastructure spending, a resilient property market and unexpected strength in exports, China’s manufacturing and industrial firms helped the economy post better-than-expected growth. What has enabled the transformation to happen so quickly is a multitude of factors, including cutting of overcapacity, implementation of supply-side structural reforms, industry integration …

The economy of the entire world is getting more and more integrated. The cross border trading is creating enormous possibility to the people for selecting goods and services and choose products at lower prices than those in the domestic economy. China is playing a crucial role in evolving the global …