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Monday, September 6, 2010

China - The Place for Doing Business

Many people are sourcing products from China. The obvious reason is for their lower prices as compared to many other countries. China is regarded as the 'factory' of the world, you can name any products and its there in China. The price is very competitive though the quality can be an issue. Cheap and low quality products have its own customer base, people are still buying costs their are cheap and would rather use it for certain period of time and then replace it with new one. China's products quality nowadays has improved significantly and been exported worldwide.

Many of small time foreign buyers, esp from Malaysia, are interested in household products like bed sheets, table liners, curtains,clothes, etc. Other products of interest include all types of gadgets like computer parts and accessories, handphones, watches, etc. They can get these products from wholesale market and popular shopping areas in China, if the volume is not big. If the volume is big they can source directly from factories. Some of them visit trade fairs and exhibitions to get to know the producers directly and can get better price.

What are recommended steps of doing business in China? See you next posting..

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