Although some people use the terms “procurement” and “sourcing” interchangeably, they actually refer to different aspects of the same part of your business. Procurement and sourcing are two distinct approaches to buying…
Read MoreDuring a visit to China last month, I visited the Great Wall of China, just outside of Beijing. Below is a video while I was on the Great Wall along with several…
Read Moreby Mike Genung We have a Facebook page for Global Trade Specialists here. We post many pictures there, including shots of manufacturing companies in China, the Chinese people, and interesting places. This picture has…
Read MoreRecently, I was visited by a man who works for an organization that promotes and develop businesses in the Colorado Springs area. He asked me what the local and state government could…
Read MoreThe Chinese New Year holiday is the mother of all holidays. Chinese manufacturing companies are normally closed for at least two weeks during this time, and then it takes them another 2…
Read MoreTo say that China, the United States’ biggest banker, is worried about the current government shutdown is an understatement. China holds around 1.3 trillion dollars worth of US Treasuries. If the U.S. defaults on…
Read MoreWe have a new video out where Mike Genung explains the key steps for buying from China. Be sure to check out all of our videos on the video page.
Read MoreNo, I’m not referring to the mess in Congress, where they’re playing ping-pong with spending bills as they duke it out trying to figure out how they can spend more money we don’t have…
Read Moreby Zhizhou Zhu A few months ago I had an interview with a Chinese company, the interviewer asked me questions like: “So are you seeing someone now?” “When do you plan to…
Read MoreMuch has been made of China’s economic slowdown in the past year. Some have even said the Chinese economy would “implode.” What is interesting to watch is the difference between their approach…
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