The Top 10 Electronic Wholesalers and Manufacturers in China

RemitrBusiness

Wholesale electronic suppliers in China have made a significant contribution to the global economy in recent years, with a deliberate focus on improving the quality of their products, not just the quantity. China’s technology wholesale market reached an all-time high in 2017, with over $20,747.10 million USD in exports, and is expected to increase further in the coming years. No longer will you feel disappointed, but empowered, when you see that “made in China” label … Read More

REMITR Guide: The Top 10 Countries for Global Business

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Top 10 Countries for Global Business

Thanks to continued advancements in technology, the world is more connected than ever before. Sharing information, shipping products, communicating and travelling has never been easier. Thanks to all of this, the entire world is now open for business.  Entrepreneurs and investors have never had so much freedom to decide where to start their business or invest their money. Many countries all around the globe are thriving with opportunities to start a new business. But, some … Read More

What are the Most Commonly Outsourced Products from China?

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What are the Most Commonly Outsourced Products from China?

China is a leading global manufacturer and continues to advance international businesses each and every day. Many of the world’s biggest brands avail of China’s low production and labour costs to maximise thier profits. From cars to high-tech electronics to clothing and footwear, outsourcing products from China has benefited nearly every country in the world, and can most likely benefit you too! Here’s a list of the products that are most commonly outsourced from China.  … Read More

Why has China Banned Meat Imports from Canada?

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Why has China Banned Meat Imports from Canada?

On Tuesday June 25th, China called a halt on all meat products being imported from Canada. But why you ask? This blog will explain everything.  Chinese officials say that the feed additive ractopamine was found in Canadian pork shipments. This additive is permitted for certain uses in Canada and the US, but is prohibited in China. The discovery of ‘ractopamine residues’ was found in a batch of pork sent by Canadian company Frigo Royal earlier … Read More

REMITR Guide: How to Find the Best Chinese Suppliers on Alibaba

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Alibaba is China’s – and the world’s –  largest online commerce company, hosting millions of merchants and businesses. Alibaba helps connect wholesalers based in China with businesses around the world. It allows companies to identify a manufacturer abroad, and have products made and shipped. These products can be availed off at a fraction of North American prices, helping companies here make big savings in their production process. If you’re looking to import products from China, … Read More

REMITR Guide: How to Open a Bank Account in China

RemitrFinance

The way money moves in this country is quite different from the rest of the world.

China’s banking system is in the process of evolutionary change. It is transitioning from a once-monolithic structure into a more globally active economy after years of government control. In the 1980s, China had one central monetary bank known as the People’s Bank of China (PBC). In 1994, the government decided to partially commercialize these banks with some degree of public ownership. If you’re moving to China or traveling for business, understanding how banking works is … Read More

Everything You Need to Know About Importing from China

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Everything You Need to Know About Importing from China

China has been ranked as the world’s biggest exporter of goods since 2009, with official estimates putting annual Chinese exports in the region of $1.904 trillion. Importing from China has worked wonders for many businesses across the globe, with lower-priced supplies giving them the competitive edge they need to be successful. China is a major exporter of a variety of products including shoes, clothing, electronics, tea and rice. However, importing from China is not a … Read More

China’s Top Exports: The Leading Trading Nation

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send money to china

By 2009, China became the world’s largest exporter of goods. By 2013, Chinese exports amounted to an estimated $1.904 trillion. Since that same year, China outranked the United States as the largest trading nation in the world. In 2017, China had exported an estimated $US2.272 trillion worth of goods, reflecting a 2.8% increase since 2013 with an 8.3% increase between 2016 and 2017. Almost half of China’s total exports, by value, are shipped to its … Read More

How To Find The Best Suppliers And Manufacturers In China

RemitrBusiness

With nearly 80 million companies in China accounting for over 20% of the world’s total global exports, it’s no secret that finding the right Chinese suppliers and manufacturers can be pretty intimidating. China has approximately 2 million engineering graduates each year, all of which harbour highly advanced skills that have made China’s economy and the trading system one of the best in the world. Did you know? China has the largest manufacturing workforce in the … Read More