The China Factor: Global Trade’s Big Hub

Posted by Gary M. Barraco on Mon, May, 22 2017 @ 10:45 AM

Business often comes down to numbers, with bottom lines, profitability, growth and more, all part of the ongoing calculation of making a company succeed.  Unfortunately, the recent upheavals in global trade have made these calculations much more difficult. Unpredictability has become the new normal, with rising protectionism, saber-rattling from global leaders, and slow economic growth hindering financial projections. One factor that must be part of the equation for companies doing business globally is China.

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Topics: China Trade Management, Duty Management, Foreign-Trade Zones

Upcoming Webinar: Taming The Dragon

Posted by Chester Yavari on Mon, Apr, 24 2017 @ 11:01 AM

China is widely regarded as one of the most powerful economies and countries in the world, and with this being said China’s trade relationships face an uncertain time with the United States, forcing China to expand its relationship with the European Union. With these growing uncertainties and The New Silk Road on the horizon, navigating this dynamic market is more important than ever. However, paving your path through this market as importers and exporters alike is no easy task- implementing the proper policies and a China trade management solution is paramount to your company’s success.

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Topics: China Trade Management, Duty Management, Foreign-Trade Zones

The Noodle Bowl of Bilateral Trade in Asia

Posted by Julia Gorman on Tue, Mar, 14 2017 @ 2:00 PM

In the early 2000’s, bilateral trade agreements started popping up in Asia at a feverish pace. As opposed to multilateral trade agreements, bilateral agreements are negotiated between two individual countries. Although the removal of additional parties alleviates the process of negotiating terms and conditions, this is merely a short-term benefit. The quick fix of bilateral agreements ultimately results in an increased amount of free trade agreements as a means of compensating for unaccounted parties.

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Topics: China Trade Management, Duty Management

Video Series Chapter 5: Duty Management

Posted by Joe Gabro on Wed, Oct, 5 2016 @ 11:00 AM

Continued from Chapter 4: Logistics

Minimizing duties is one of the fastest and easiest ways to squeeze significant financial returns out of a company's global supply chain. Duty minimization opportunities come in many forms, but many companies fail to take advantage of these programs due to the perceived difficulty of qualifying for and administering them.

The fifth video in our series explains how automating the duty management process is the best way to reap the benefits – like cutting duties and taxes by 80-100%.

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Topics: China Trade Management, Duty Management, Foreign-Trade Zones, Free Trade Agreements

How to Prepare for China’s New Standardized Customs System

Posted by Colleen Bush on Thu, Aug, 11 2016 @ 12:04 PM

It is no secret that conducting trade in China can be rather difficult and complex, but that might all change with China’s brand new standardized Customs system.  This automated system was created by China’s General Administration of Customs (GAC) in order to simplify trade by unifying Customs and standardizing nationwide enforcement of declaration issues, classification and valuation. The pilot program began in Shanghai in June, with a goal of national implementation by 2020.

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Topics: China Trade Management, Duty Management

The Keys to Effective China Trade Operations

Posted by Mollie Leon on Wed, Jul, 6 2016 @ 9:30 AM

China’s dominance as the world’s top country for sourcing hasn’t swayed under the pressures that have been the topic of discussion in the boardroom, on the campaign trail, around the dining room table, or during trade negotiations in nearly every country around the world. China has maintained its place as the foremost manufacturing hub and continues to gain momentum as the premier outsourcing destination for low-cost and fast manufacturing.

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Topics: China Trade Management, Import Management, Duty Management, Export Management

China Trade Policy Update - Are You Aware Of These Recent Changes?

Posted by Kae-Por Chang on Wed, Apr, 6 2016 @ 2:53 PM

The China General Administration of Customs released GAC 2016 Circular 20 on March 24, 2016 to change Customs declaration filing requirements with an effective date of March 30, 2016.

So how does this affect your organization and what should you do to ensure trade compliance? 

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Topics: China Trade Management, Duty Management, Foreign-Trade Zones

Nexteer Enhances China Trade Management Capability with Amber Road

Posted by Kelsey Barker on Tue, Jan, 19 2016 @ 10:36 AM

Nexteer Automotive has expanded its use of Amber Road’s China Trade Management Solution (CTM) to automate compliance with China’s trade regulation regimes and enhance supply chain performance.

Nexteer is a multi-billion dollar global manufacturer of advanced steering and driveline products headquartered in Saginaw, Mich. The company has twenty-one manufacturing plants across the Americas, Europe and Asia and serves many of the world’s largest automakers.

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Topics: China Trade Management

What Are Companies Looking for in GTM in 2016?

Posted by Kelsey Barker on Fri, Jan, 8 2016 @ 1:44 PM

As we transition into 2016, what capabilities are companies looking for in a global trade management solution? Maintaining transparent relationships with suppliers will be key this year, as strategic sourcing increases and customers express interest in where their products come from. As before, organizations looking to expand their operations in China will need expertise navigating Process Trade and other regulations. Additionally, shippers require agility in their supply chains to avoid and even predict bottlenecks, natural disasters, and other disruptions.

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Topics: China Trade Management, Global Trade Management

Siemens to Streamline International Trade Processes in China

Posted by Kelsey Barker on Tue, Dec, 8 2015 @ 10:19 AM

Siemens AG has selected Amber Road’s China Trade Management solution to centralize and automate Customs and China Inspection and Quarantine (CIQ) procedures for all of Siemens’ China- related import and export activities.

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Topics: China Trade Management, Import Management, Global Trade Content