Intro to import

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An introduction to the import process with a China sourcing bias. By Peter Keller, VP of LivingDirect

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Intro to import

  1. 1. Intro to Import<br />Peter Keller<br />peter.keller@yahoo.com<br />www.peterkeller.net<br />
  2. 2.
  3. 3. Why<br />Create and Capture Value<br />
  4. 4. How<br />
  5. 5. Payment<br />Incoterms<br />Vehicles<br />Terms<br />
  6. 6. Logistics<br />Freight movement<br />Import duties<br />Risk of loss<br />Insurance<br />Parties involved<br />Agency<br />
  7. 7. Risk!<br />Financial<br />Risk of loss (goods)<br />Quality<br />Personal safety<br />Property damage<br />Recall<br />Inventory<br />Currency<br />Agency<br />
  8. 8. Dispute Resolution<br />Clarity upfront <br />Have options and “outs”<br />Leverage the future relationship- to a point<br />Your rules are not their rules<br />Do you really want to sue someone in China?<br />
  9. 9. Why China?<br />Ease of business<br />Cultural differences… but everyone loves money<br />The “China Price”<br />But…<br />China bubble may pop soon<br />Human rights, etc…!<br />
  10. 10. Questions?<br />
  11. 11. Appendix- Importing from China<br />Finding Suppliers<br />Alibaba.com<br />Globalsources.com<br />Background<br />China Road by Rob Gifford (book)<br />Blogs<br />China Law Blog<br />Silk Road International<br />My worldview<br />The Clash of Civilizations by Samuel Huntington (article, then book)<br />

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