• Elksourcing:Minimize Your Risks when Import Products from China

    Many buyers are still guarded about buying from China – which is understandable, since many of the country’s business practices lag behind those in more developed nations. However, your risks can be minimized by working only with qualified, above-board suppliers and by understanding all aspects of your import arrangement beforehand. If you can, visiting China is a good starting point for doing business there. If you can’t visit first, there are many online sources to help you find quality products and suppliers and minimize the risk of doing business there.  Understanding the market  Before deciding what to import, get as much information as possible about the demand for that product in your local market. Then learn as much as you can about the manufacturers of that product in China. Be vigilant and ask every detail you need to know. Finding a trustworthy supplier  This is perhaps the most important step in your…

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