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2022-02-28 [ Industrial News ]
Cold drawing is a forging method of upsetting metal bars (usually local upsetting) with dies at room temperature. It is usually used to make the head of screws, bolts, rivets, etc. Cutting can be reduced or replaced.The forging blank materials can be copper, aluminum, carbon steel, alloy steel, stainless steel and titanium alloy, and the material utilization rate can reach 80 ~ 90%. Cold heading is mostly carried out on a special cold heading machine, which is convenient to realize continuous, multi station and automatic production. The cold drawing machine can complete the processes of materi......
The 10 biggest misconceptions of importers about China
2017-06-20 [ Business News ]
I get some weird questions or comments from readers who are not professional importers. It keeps reminding me of what most people in the West think (imagine?) about China.I listed a few of the myths, fantasies, and misconceptions about importing products from China.The first ones are held by people who have never sourced anything from Asia, while the last ones are still engrained in many seasoned importers’ heads.10. The government will send an inspector and will block the goods if they are below a certain quality standard.Oooh no, they won’t. They close some factories (a very small ......
6 Shipping Industry Questions in 2017
2017-06-14 [ Business News ]
1.M&A – Done Deals or Regulatory Risks?The extended period of low shipping rates seen in 2016 was just one driver of several major mergers and acquisitions announced in the second half of the year, as discussed in Panjiva research of December 30. The key issue for these deals in 2017 will be regulatory approval.The U.S. Department of Justice already made it clear it was concerned about the impact of Alliances on shipping services, which – at least in the case of THE Alliance – the Federal Maritime Commissionignored.Clearance is not simply a matter of U.S. market sh......
How to do business with Chinese people
2017-06-07 [ Business News ]
Transfer from China highlights If there are two words worth knowing in approaching Chinese culture — worth knowing and worth understanding — those two words are guanxi (关系 /gwann-sshee/ 'connections') and mianzi (面子 /myen-dzrr/ literally 'face'). Knowing the right people and knowing how to honor those you meet are crucial when doing business in China.Let's Eat!Typically in the west, though people may have business lunches, most formal business discussions are conducted in a more formal setting. China, in this, can be deceptive.The pats on the b......
2017-05-26 [ Business News ]
Before you can make a supplier selection you need data. Such data include pricing, tooling costs, MOQ requirements, supplier information, certificates and payment terms.In this article, we explain how you can develop a system for acquiring this information.The purpose, and preferred outcome, of this process is to gather enough data so that you can make profitability calculations, and select a manufacturer that is actually qualified to make your product – in compliance with both your quality requirements, and with the safety standards and regulations in your market.1. Creating an RFQ (Request f......