By Mike Genung
Aug 20, 2012

Some customers are surprised at how long the product development process takes. We worked with one of my most  new customers for a year before the new product development process was completed….

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By Mike Genung
Aug 06, 2012

In 1949, Mao Zedong and the communist took over China. Not long after, the U.S. government severed all ties with the China, which meant no importing from their nation. 23 years later,…

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By Mike Genung
Jul 19, 2012

Recently, our president said that “If you’ve got a business, you didn’t build that. Somebody else made that happen.” The insinuation was that the government was “responsible” for the success of businesses…

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By Mike Genung
Jul 16, 2012

By Zhizhou Zhu When I first came to America, John, a nice gentleman who was about 60ish picked me and my friend up from the airport. My friend and I felt quite…

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By Mike Genung
Jul 16, 2012

Since April, the mgtrading.com website has been going through a significant upgrade and I haven’t posted here on the China Blog. The upgrade is finished now – take a look if you…

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By Mike Genung
Apr 20, 2012

China recently announced that they would allow the Yuan’s trading band to increase from .5% to 1%. This means that the Yuan can fluctuate as much as 1% in any one day…

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By Mike Genung
Apr 14, 2012

China’s 1st quarter GDP came out, at an 8.1% growth rate.The experts are calling 8.1% “moderating,” meaning that China’s economy is hitting the brakes. If the U.S. had an 8.1% growth rate,…

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By Mike Genung
Apr 12, 2012

The April Newsletter is up; you can read it here Here’s an excerpt: Of Beads and Streams Imagine: you get a quote from a Chinese manufacturer and place a P.O. Everything is…

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