Overcoming the Challenges of Contract Manufacturing
The advantages of contract manufacturing, commonly known as outsourcing, are many and substantial.
Genimex + COVID-19- Your Concerns Answered
By now, you’ve likely received a lot of emails about COVID-19. Clearly, this pandemic is affecting thousands of lives, and we understand you have concerns regarding your production.
India Manufacturing and What You Need To Know
Since the beginning of the last decade, the government of India has made a concerted effort to shift their nation from a service-oriented economy to a manufacturing base.
Coronavirus Outbreak May Cause Chinese Supply Disruptions Impacting Global Markets
As public health officials struggle to understand, contain and ultimately defeat the virus, companies that rely on Chinese supply chains are wondering how great a disruption to expect.
5 Ways to Protect Your IP in China
If you are planning to do business in China, you probably have concerns about protecting your company’s Intellectual Property.
Is Crowdfunding Right for Your Company?
Crowdfunding has proven to be a viable way for startups to raise funds outside the traditional venture capital or equity investment processes.
Don’t Let the Chinese New Year Disrupt Your Company’s Supply Chain
Starting January 25, 2020, China and other eastern nations will celebrate the Lunar New Year and the arrival of the Year of the White Metal Rat. According to the Chinese Horoscope, this rat is clever…
China Tensions Spur Economic Growth Throughout Southeast Asia
On Wednesday, September 4, Hong Kong leader Carrie Lam formally withdrew the controversial extradition bill that had sparked fears of an end to the “one country, two systems” agreement between the…
US-China: Trade War to Currency War
The relationship between the US dollar and Chinese yuan is widely watched. The US and China are the world’s strongest and largest economies and their currencies are closely intertwined.
G20 Summit Brings the US and China Back to the Negotiation Table
At the recent June 2019 G20 Summit in Osaka, Japan, the US and China met, each making significant concessions in order to show their willingness to resume trade negotiations.
Southeast Asia’s New Potential – Indonesia
Activities in Indonesia have been making recent headlines. Mobile driven venture capitalists and multinational corporations have sparked interest in investing in Indonesia.
No US-China Agreement Reached, Trade War Escalates
On Friday, May 10th, the US government increased tariffs from 10% to 25% on imported Chinese goods—heightening tariff costs from $50 billion to $200 billion
Vietnam: China’s Plus One
Vietnam’s emergence as a manufacturing hub is gathering momentum. From the seven emerging Asian based countries for manufacturing,
Myth Busting (Part II)- Manufacturing in China adds Risk and Volatility to my Supply Chain
Many brands may feel apprehension when moving their manufacturing to China. It is understandable as there is risk in moving production overseas and adapting to the cultural and work differences.
Busting Myths About Manufacturing in Asia (Part I)
When a brand signs with a contract manufacturer, they are ceding some of their control over to their new partner.
Genimex’ Quick Guide to CNY 2019
The Year of the Pig symbolizes wealth and prosperity; and, to make sure you’re entering the first quarter of the New Year in position to “reap the benefits”—several preparations should be in play.…
Tariff War Initiates a Supply Chain Shuffle—Enforcing the Economic Principle: Adapt and Change.
The trade escalation continues as China set tariffs on $60 billion in U.S. goods after President Trump announced tariffs on $200 billion in Chinese goods...
Trump’s trade war with China is getting hot.
The U.S. and China trade war escalation continues with new tariffs of 10% on $200 billion of Chinese imports starting yesterday. Let’s rewind back to March. President Trump tweeted that “trade wars…
Meet David Chitayat, Group CEO of Genimex
David has been in the contract manufacturing business for the last 15 years. Great overview of who we are and what we do!
When Factories Have A Choice Between Robots And People, It’s Best To Start With People
Robots can be flexible in some ways but are not yet infinitely flexible like humans are. Great article Written by Anna-Katrina Shedletsky entailing the choice between robots and humans for the…
Types of “Manufacturers” in China
When dealing with overseas manufacturing, you will encounter the following players: trading companies/importers, buying agents, sourcing agents, representatives, wholesalers and factories. Let us…
Manufacturing Consumer Goods in India vs. China
When it comes to choosing the best overseas manufacturer in Asia, two of the most common places for manufacturing are India and China. Both countries have...
China & US Trade War – The Tariff Timeline (2018)
The U.S. bought more than $500 billion in goods from China last year and now is planning or considering penalties on some $150 billion of those imports. The U.S. sold about $130 billion in goods to…
UPDATE: March 22nd, 2018: President Trump Proposes $50 Billion in Tariffs on China
With the United States pulling back into an isolationist and protectionist stance and China extending its reach as a new global economic leader...
This Holiday Kills Launches; Use These Expert Tips If You Want to Survive
Chinese New Year is now over and factories in China are starting to resume business this week. After our blog post from January on the Chinese New Year topic...
How does the Chinese New Year impact Manufacturing?
We are once again at the busiest time of the year for us (December-January), when our clients and potential clients speed up their decision making due to the approaching Chinese New Year holiday.
Worried about your factories in China during the environmental crackdown?
Some of you have probably heard from your agents or factories in China that they were shutting down manufacturing facilities and didn’t know when they would open again.