When doing business with Chinese suppliers, a hardware company like yours is surely wondering about professionalism in China and the main differences with Western working practices. What is important to know? What should we consider? […]
According to the Chinese Horoscope, each lunar year corresponds to an animal. The order would be: Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog and Pig. Each of these 12 animals is associated with one of the 5 elements: metal, wood, water, fire and earth. The Chinese New Year 2022 arrives and with it the year of the Water Tiger. What are the characteristics of this powerful animal? What do these holidays mean for China? And how does it affect production? […]
The serious energy crisis that China is suffering threatens its economy and causes power cuts, factories that close totally or partially, global supply chains that are faltering. Could this situation also affect companies importing hardware? […]
China is advancing laws that pursue intellectual property theft. That is why a council of intellectual property experts was created last 2020 (the CNIPA) that serves as a guide on conflict. It wants Chinese companies to better understand legal systems and rules. […]
Factors such as inflation, the imbalance between supply and demand, environmental protection and rising transport costs are the main reasons for the recent increase in commodity prices. And, as a result, the increase in the price of hardware in China. How can this affect your hardware business? […]
In today’s lines we will see how the appreciation of the yuan affects. And, more specifically, how it can influence China’s hardware import businesses. If we compare Chinese yuan to USD from the previous year, we see that the CNY’s appreciation against the US dollar grows exponentially. What does this translate into terms of export trade? […]
Knowing the main ports in China will help you design your hardware import strategy. We show you the ones that handle the most volume and the ones that have the most impact on the global economy. Some of them are in the ranking of the most important ports in the world. […]
If we talk about the most popular social networks surely everyone remembers names as Instagram, Twitter or Facebook. However, there are several Chinese social networks that are gaining more and more weight around the world. Do you want to know which Chinese social networks are successful? We will tell you below! […]
The current situation caused by the Covid-19 crisis has created great instability in the operation of factories in China. That is why at IBMH we want to talk about the management we carry out in China and how we carefully study each case to give the best solutions to our customers. […]
The Mid-Autumn Festival in China, also called the Moon Festival, is one of the most important holidays for the Chinese, the Vietnamese, and even the Koreans and Japanese. It takes place on the fifteenth day of the eighth month of the Han calendar. And according to our Gregorian calendar, the traditional festivities are held on a day between September 8 and October 8. Did you know that that is the day when you can see the full moon in all its splendour? If you are considering travelling to China to improve the profits of your furniture and construction hardware business, you’ll need to know when this festival is held. This way, you can adjust your travel dates and enjoy some Chinese culture. […]
