July 20, 2022
Whip Inflation Now, by Looking to Southeast Asia
Children of the 1970s remember the misery of “stagflation,” the stultifying phenomenon of high inflation and economic stagnation. The economy limped along with barely discernible growth, while prices…
June 28, 2022
Mexico Emerges as a Potent “Near-Shoring” Option
In recent years, numerous companies seeking the benefits of outsourcing to Asia, but in proximity to U.S. markets, have adopted a strategy of “near-shoring.” Analysts have reported 150 percent growth…
June 2, 2022
As Locked Down Shanghai Re-Opens, It’s Still Business as Usual for Genimex
In Shanghai, which last week opened part of the city’s mass transit network for limited service, businesses got the go-ahead to reopen without explicit permission on June 1.
April 26, 2022
As Vietnam Reopens, Attention Turns to its Need for Supporting Industries
Last month, Vietnam dropped its quarantine and post-arrival testing requirements for international travelers.
March 29, 2022
Mixed Economic Signals Make Inflationary Trends Tough to Pin Down
To no one’s surprise, inflation has reached levels many countries haven’t seen for more than 40 years. High inflation had been expected, due to a perfect storm of aggravating factors, each of which…
February 17, 2022
Companies Should Consider Cambodia in 2022 for Manufacturing
There is a developing trend within the industry to move some consumer products production to Cambodia.
January 18, 2022
Projecting 2022: Early Struggles, Potential Setbacks, and Eventual Progress
For the last two years, doing business globally has been a Sisyphean task. Every time we think we’ve rolled our product boulder to the summit of the supply chain mountain—past factory shutdowns,…
December 7, 2021
Update: China Power Outages
Understandably, many of our clients are anxious about China’s September power outages and whether a repeat of those problems this winter could put a few more knots in the already snarled global…
December 7, 2021
Update: Covid Snarls Global Shipping
Over the summer, it became apparent that COVID-19 and the subsequent shutdowns had tipped a string of dominoes leading to backups at points of departure as well as destinations.
November 9, 2021
How to Capitalize on Courage and Confidence in the Year of the Tiger
In China, the tiger is the undisputed King of the Beasts, and yet it is the third animal symbol of the Chinese Zodiac.
October 7, 2021
China’s Energy Outages: Blip or Breakdown?
Towards the end of September, numerous news outlets were reporting on power outages in China and speculating how power shortages might affect the global supply chain, still under stress from COVID-19…
September 28, 2021
Outsourcing Companies Are Eyeing North America
Today, 20 months into a COVID crisis that interrupted supply chains and shut down markets, business leaders are learning to adapt.
August 10, 2021
COVID Snarls Global Shipping: What’s Been Happening and What to Expect
If the first few months of the post-COVID, global reopening have taught us anything, it’s not to take the ease of international shipping for granted.
June 22, 2021
The Sustainable Packaging Movement
Over the last few years, a revolution has been taking place in product packaging, as more companies have become concerned with attracting consumers and building a brand centered on “sustainability.”……
March 31, 2021
Will Industry 4.0 Produce a Second Taiwan Miracle?
Today, as East Asian manufacturing looks to recover from the global COVID-19 lockdown that suppressed demand around the world, Taiwan is bouncing back strong.
February 26, 2021
Companies Diversifying their Supply Chain Outside of China
The events of the past year have given many companies engaged in outsourcing their manufacturing reason to expand their supply chain.
January 20, 2021
As US Presidential Transition Raises Questions of the Ongoing Trade War, China Continues to Maintain Growth
As the United States inaugurated its 46th president on January 20, 2021, market analysts were wondering how a change in administration might affect relations between the world’s first and second…
December 16, 2020
Analysts Note Rise in Chinese Economy After Positive PMI Report in November
The world’s second largest economy is rebounding from the COVID-19 stagnation that has gripped the globe, according to improvements in the Purchasing Manager’s Index in October and November.
November 10, 2020
In the Year of the Ox, Prosperity Comes to Those Who Plan for the Lunar New Year
On February 12, we usher in The Year of the Metal Ox, which the Chinese regard as favorable for steady progress.
October 20, 2020
Preparing for the Post-COVID Future: What Consumer Changes Are Likely to Stick?
Now, as we begin to emerge from the crisis, there are two questions business owners must ask: How did consumer behavior change during the pandemic? And, which of these changes in consumer behavior…
September 23, 2020
Is ASEAN the Next Global Manufacturing Hub?
These days many market analysts are bullish on the burgeoning economies of the Association of Southeast Asian Nations.
August 19, 2020
Will Cambodia Rise as a Contract Manufacturing Hub in Southeast Asia?
As global businesses explore contract manufacturing options outside of China, one previously overlooked country had been gaining interest and momentum: Cambodia.
July 27, 2020
Why The Future Looks So Sunny for Vietnam
While the economic forecast for most of the globe is hazy, the future of Vietnam appears sunny and fair.
June 25, 2020
When Should Business Travel to Asia Resume?
All over the globe, nations are taking steps to reopen their economies, while keeping a watchful eye on COVID-19 statistics at home and abroad.
May 11, 2020
Post-COVID-19, Will Vietnam Be Your Best Outsourcing Option?
If your company has been outsourcing product manufacturing to China, or you have been considering China for contract manufacturing, you must be wondering whether you should keep to your China plan or…
April 16, 2020
What Effect Is COVID-19 having on South-East Asia Manufacturing?
The COVID-19 outbreak that began in Wuhan, China is having an enormous impact on the global economy, and that impact may continue for months and perhaps years. Businesses that outsource to Eastern…
March 25, 2020
Overcoming the Challenges of Contract Manufacturing
The advantages of contract manufacturing, commonly known as outsourcing, are many and substantial.
March 18, 2020
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.
February 20, 2020
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.
January 30, 2020
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.
December 29, 2019
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.
November 26, 2019
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.
October 15, 2019
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…
September 10, 2019
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…
August 19, 2019
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.
July 2, 2019
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.
June 6, 2019
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.
May 16, 2019
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
April 25, 2019
Vietnam: China’s Plus One
Vietnam’s emergence as a manufacturing hub is gathering momentum. From the seven emerging Asian based countries for manufacturing,
March 28, 2019
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.
February 15, 2019
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.
January 5, 2019
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.…
December 20, 2018
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...
September 28, 2018
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…
July 15, 2018
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…
May 30, 2018
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...
April 25, 2018
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…
March 27, 2018
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...
February 28, 2018
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...
January 11, 2018
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.
December 5, 2017
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.