New Video – Manufacturing and Sourcing from China

By Mike Genung | March 16, 2015 | China Sourcing

Last week we loaded a new video on sourcing from China to the home page. The previous video was done by a professional actor; we decided to make the change because our customers seem to relate to and want to know the real people they’re working with, as opposed to an actor talking about the […]

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New: We are Now Sourcing from Taiwan Manufacturers

By Mike Genung | February 18, 2015 | China Sourcing

We are now sourcing from manufacturing companies in Taiwan. A little about Taiwan: their population is 23 million, as compared to China’s 1.3 billion. Taiwan’s 977 billion dollar GDP is around one tenth of China’s more than 9 trillion dollar economy. While Taiwan’s industrial base is much smaller than China’s, their high tech sector is […]

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The Mess at the West Coast Ports

By Mike Genung | February 4, 2015 | Importing

For the past seven months, the International Longshore and Warehouse Union, which represents 20,000 dockworkers at the ports along the West Coast of the U.S., including Los Angeles, Long Beach, San Diego, San Francisco, Oakland, Portland, and Seattle, have been in a tiff over a contract dispute with the Pacific Maritime Association, which represents the […]

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The Next 60 Days

By Mike Genung | January 8, 2015 | China

Happy New Year! It’s always fun to get a new year launched, isn’t it? We re-visit our dreams, look back at our successes and issues we might need to fine tune, set goals, and assemble plans. Speaking of plans, we should look at what’s going on in China manufacturing for the next two months so […]

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The Strategic Locations of our Partner Companies in China

By Mike Genung | July 25, 2014 | China Sourcing

by Mike Genung A big part of what we offer is that we have boots on the ground in China. Unless you’re willing to play Russian Roulette and hope you don’t get burned, the only way to safely import from China is to have someone there in your behalf who knows the business culture. Our […]

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Pictures: Visiting a CNC Machine Shop in China

By Mike Genung | May 21, 2014 | Manufacturing in China

Two months ago I visited a cnc machine shop in China that makes precision, close tolerance machined parts for us. They’re capable of doing close tolerance work in a variety of materials and sizes. They have plenty of CNC lathes and other equipment in their precision CNC machine shop. Here’s a picture of me in their factory: […]

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5 Common China Sourcing Mistakes

By Mike Genung | May 6, 2014 | China Sourcing

While some people condemn inexpensive Chinese labor as a reason for economic decline in the United States, smart American entrepreneurs have learned to work with Chinese manufacturers in order to maximize their profits. The Chinese economy presents incredible and highly lucrative business opportunities for entrepreneurs in the United States and other foreign markets. While there […]

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How To Find Reliable Chinese Suppliers

By Mike Genung | April 28, 2014 | Uncategorized

At Global Trade Specialists, we believe that there are three factors that should be taken into account by anyone looking to have products made in China: quality, price, and delivery time. In order for your business to succeed, you must find a manufacturer that can produce quality goods at the right price. The manufacturer must […]

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Alibaba Review

By Mike Genung | April 24, 2014 | China Sourcing

If you have been searching for reliable Chinese sources for your business needs, you have probably come across the popular website Alibaba. Alibaba is a massive e-commerce website that is owned in part by Yahoo. Its highly-anticipated initial public stock offering (or IPO) has generated rumors that the company is worth more than $170 billion. […]

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China Procurement vs. Sourcing: What’s the Difference?

By Mike Genung | April 14, 2014 | Importing

Although some people use the terms “procurement” and “sourcing” interchangeably, they actually refer to different aspects of the same part of your business. Procurement and sourcing are two distinct approaches to buying the components, raw materials, supplies, and services a company requires to run effectively. In today’s global economy, many companies are turning to China […]

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