China Imports Weekly – Aug 24

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Welcome to the Inaugural Edition of China Imports Weekly Roundup.

Every Monday, we’ll be rounding up the top China importing stories from last week affecting e-commerce and small business!

Become a Member of Guided Imports and get all the news for importers right here!

The RMB Devaluation: How it Affects China Imports

Renaud Anjoran of QualityInspection.org wrote a great summary of this week’s news coverage on the RMB (yuan) devaluation.

Savvy importers should be able to negotiate better rates on production. And China imports pros might want to settle accounts in RMB to see the full benefit. Renaud shows you how here.

Original Article: QualityInspection.org

100’s Die From Explosion at Tianjin Shipping Terminal

Our hearts go out to the people of Tianjin. Over 100 people died, and many more were injured, when a warehouse storing shipping containers exploded.

While shipping operations out of Tianjin were only briefly disrupted, CNN reports that the environmental impact may have longstanding effects.

Make sure to protect your China imports with shipping insurance, folks!

Original Article: UniversalCargo.com

Reddit Marketing Tips for Your China Imports Business

Steve Chou at MyWifeQuitHerJob.com, posted a great podcast on his blog covering how to leverage Reddit to market your online business.

While the podcast specifically discusses a subscription box service business, the tips for using Reddit for marketing are fantastic. Apply them to your importing business and prosper.

We especially loved the guest’s tips on how not to offend the highly fickle Reddit community.

(P.S. Did you know we moderate  a Reddit community for China Imports pros? Check it out here.)

Original Article: MyWifeQuitHerJob.com

Chinese Factories on Amazon: an Analysis from Manuel at ImportDojo.com

China Imports Weekly Roundup

We hope you already knew that Amazon is helping Chinese factories sell directly on Amazon.

Nevertheless, this analysis from our friend and partner is spot on.

Don’t worry too much….yet

Manuel will tell you why.

(And hey, if you didn’t know. ImportDojo has a great Intro to Importing course. And it won’t set you back 3,000 bucks!)

Original Article: ImportDojo.com

4 Preliminary Ways to Verify Your Suppliers

Fredrik Grönkvist over at ChinaImportal.com wrote an article this week on 4 ways to verify your supplier.

While the tips focus more on documentation than actual signs that the supplier is in any way reliable or not, it’s still worth a read.

Original Article: ChinaImportal.com

Are the Chinese in the Weed Game Now?

China Imports Weekly Roundup

Hey, it’s Friday…light up (or not) and have a read!

We couldn’t resist this one.

Original Article: TimesNews.net

Plus, This Week On the Guided Imports Blog…

(…in case you missed it)

15 Pro Sourcing Strategies [And One Huge Mistake]
Buy From China: 5 Do’s and 5 Don’ts
Unmanned Factory in China: Will The Gov’t Silence It?
8 China Importing Resources [Pro Links]

 

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