In 1933, Kiichiro Toyoda worked for Toyoda Loom Works, his family's business. While the company's focus was automatic looms used to weave cloths and tapestry, Toyoda wanted to expand the company to include an automobile division. This was considered to be a risky business at the time, but Toyoda's...

In the era of Yankee ingenuity, Thomas Edison was the quintessential American inventor. When he began his career in 1863, virtually the only electricity source was primitive batteries, which put out a low-voltage current. But when Edison died in 1931, he had played a critical role in introducing...

One Nation’s Trash Is Not Another Nation’s Treasure It's been three years since China officially announced that it was done importing "foreign garbage." This presented countries like the U.S. and Japan, major exporters of old newspapers, boxes, and plastic bottles, with the challenge...

The coronavirus that erupted in China and continued to spread around the world is worrying quite a few people in the US. This is especially true for the consumers who purchase goods from Chinese factories frequently. So, is it possible to infect the Coronavirus from a package that came from China?   We...

Vietnam is a state that cannot be ignored but importing from Vietnam or exporting to Vietnam requires a genuine understanding of the business world in the country. Vietnam's impressive growth has only been preceded by China recently, and any corporation seeking outsourcing cannot afford to ignore...

What exactly is being manufactured out of China? Pretty much everything. But here is a list of the top 10 products that have been manufactured in 2019 and will be. 1. Computers: It shouldn’t come as a surprise that computers are one of the top products that have been and will continue...

The trade war between the US and China creates new ways of avoiding customs duties. After passing goods through a third country, Chinese exporters are starting to switch and falsify codes that identify imported goods as a means of evading the tariffs imposed by the USA's president. One day...

Your business is successful. You have done well domestically. There comes a point in your manufacturing business venture that you wonder if expanding overseas is a good idea. Hot markets like China, India, or Brazil seem like the reasonable next step. After all, there’s plenty of companies...

Budgeting is one of the most important aspects not only for your business but for life in general. For anything that you need, you are going to have to think up of a budget. For a business to succeed, you are going to need materials. Materials that cost money. One of the ways businesses fail...