Tag: China
-
Best Platforms for Sourcing CNC-Machined Parts from China
Most engineers and procurement teams eventually face the same challenge when sourcing CNC parts from China: too many suppliers, not enough visibility into which ones are actually reliable. Open marketplaces have thousands of CNC machining listings, but sorting through them takes time. You have to vet each supplier individually, request samples, verify certifications, and hope…
-
The Great R&D Divide: China, Europe, and the Profitability Trap
I found interesting data comparing R&D spending among the largest Chinese and European construction companies in a recent Construction Briefing article. The Chinese giants easily led in dollars spent, dwarfing their European counterparts. The leaderboard Chinese state-owned construction giants invest billions of dollars annually in R&D. Here are some examples: China State Construction Engineering Corp (CSCEC):…
-
A Guide to Shipping from China to USA
Importing goods from China to the USA can seem like a complex puzzle. With vast distances, multiple shipping options, and intricate customs procedures, it’s easy for businesses and individuals to feel overwhelmed. However, with the right knowledge and partners, the process becomes significantly more manageable. This comprehensive guide will walk you through every critical aspect…
-
Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
-
Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
-
Two Paths to Industrialized Construction: Lessons from China
Chinese construction has been in the headlines for record-breaking speed: a 10-story residential building erected in 28 hours and 45 minutes, or a 57-story skyscraper built in 19 working days. These projects rely on meticulous planning, extreme prefabrication, and clockwork execution. Besides those unique showcase projects, I wanted to learn how Chinese AEC firms are…
-
Costly Mistakes to Avoid When Shipping from China
Many businesses rush into partnerships with Chinese suppliers without fully understanding the shipping process, documentation requirements, and common logistical challenges. What seems like a minor oversight during the planning phase can quickly escalate into expensive problems once your goods are in transit. Whether you’re a seasoned importer or new to sourcing from China, avoiding these…
-
China readies 34% tariff on US imports starting April 10
China will levy a 34% tariff on imported goods originating from the U.S. on April 10, matching the duty the Trump administration will place on the country, China’s Ministry of Finance announced Friday. Products shipped before April 10 and imported into China by May 13 will not be affected by the action, per the Finance…