China News
We know the Asiam market and its culture, here we share the topics that we think are most relevant about Asia and the economic situation, which we think can help you make decisions.
21 de January de 2022
Several of our friends and customers have asked lately in they should invest in electronic Yuan (eYuan), the electronic currency that the Chinese government is testing. They say they have seen it’s the new bitcoin, it’s still cheap because it’s new and it will boom as bitcoin has done. They […]
15 de March de 2021
Just a quick update on this post we wrote analyzing the situation of transportation market, and explaining why the container prices were skyrocketing and how we saw the situation. Here is the current situation (averange prices that WE pay for containers, which is not necessarily the market price): We are […]
29 de January de 2021
The weeks before the Chinese New Year holidays are always demanding, but this year beats them all: Big increases in raw material prices Soaring CNY/USD exchange rate Record beating container prices These three factors affect the price directly. But not only that, as Chinese factories will close for 3 weeks […]
1 de December de 2020
Now that it seems that Covid situation is improving and we can finally relax a little bit and get back to business as usual, shipaggedon is here (cool name but sadly not mine, New York times gets the credit). To make it short, good luck these days if you want […]
11 de November de 2020
The exchange rate between the chinese yuan (CNY) and the US dollar (USD) has reached USD0.15 today. Since May, it has appreciated by 8%. This is bad for chinese exporters, because when they mostly get paid in USD. So when they change to CNY, they get paid 8% less. So […]
23 de June de 2020
These last weeks, Mr Trump is not talking about coronavirus anymore. Now he is talking about the Chinese virus, or the Chinese coronavirus. This small change will have huge consequences. One of the most important aspects of Chinese culture is Face. It’s difficult to translate because we don’t have this […]
23 de March de 2020
If you have been to a wet market in China, you can not be too surprised when they tell you that the Wuhan Coronavirus, the new pandemic spreading through China, did originate in one of these markets. There is a lot of talk about the wet market in Wuhan, but […]
2 de October de 2019
As I explained in my last post, I have spent some days in China and Hong Kong visiting our offices, factories and some raw material and component suppliers. I had read a lot about the situation in Hong Kong before the trip, and all my Chinese friends and suppliers were […]