For businesses engaged in global trade or those just considering an international strategy, it is critical to research and assess the economic, social and political conditions of potential new markets as well as the trade policies, history and outlook of your home country. In this post and in following segments, we will take a closer look at key markets across the globe, beginning here in the United States, where a new year will bring a new President to Washington, D.C.
If your business imports products from China, or if you work with companies that are reliant on Chinese manufacturing, then you are already aware of the most significant – and disruptive – holiday of the year: Chinese New Year. In 2017, which will be the Year of the Rooster, the new lunar year starts on January 28, and every production facility in mainland China and Hong Kong will shut down for varying segments of time between the end of January and the beginning of March. As people across the region get ready to celebrate and take time off, companies that depend on their work, and their goods, need to prepare.
Thank you for visiting our “Top 5 Delivered by DHL” series. It’s a fast and informative way to help you learn more about global topics that affect your business. Below, we’re delivering insights about international business travel – and how you can execute your plans flawlessly. Look for more about Holiday Shipping, Going Global, Cuba, Brazil, Avoiding Import Delays, NAFTA , Global E-Commerce and Trans-Pacific Partnership (TPP) on our YouTube playlist.
As 2016 comes to a close, companies across the United States are carefully considering global economic predictions for the year ahead.
Many, including small and medium-sized businesses, have already integrated an international trade component into their business plans, recognizing that 95 percent of the world’s consumers live outside of our borders. Even some of the smallest startups are harnessing the power of e-commerce and advanced logistics to reach previously untapped audiences worldwide.
But with 2017 approaching, many companies are wondering just how robust the global marketplace will continue to be.
Cyber Monday is almost here, and small businesses across the U.S. should keep one important fact in mind: the online holiday shopping phenomenon, marketed and launched around our Thanksgiving celebrations, is now a global affair. Throughout the year, businesses of all sizes, including corner retail shops, home-based enterprises and larger internet-only merchants, are reaching – and shipping to – customers as far away as India and China. Starting on Black Friday, and even before, you can expect this kind of international activity to ramp up, just as your domestic sales surely will.