According to the official Xinhua news agency, China exported $97.45 billion of goods in April and imported $80.57 billion. While such large trade surpluses are causing much friction between China and its trading partners abroad, there is one company which is benefiting from the growing export volume.
The company is Global Sources (GSOL), a Hong Kong based company listed in NASDAQ, its business is simple – linking Chinese manufacturers (suppliers) to international buyers.
Here is its official company description:
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 560,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 12 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.
Suppliers receive more than 10 million sales leads annually from buyers through Global Sources Online alone. Global Sources has been facilitating global trade for 36 years. In mainland China it has over 1,600 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media
The company is Global Sources (GSOL), a Hong Kong based company listed in NASDAQ, its business is simple – linking Chinese manufacturers (suppliers) to international buyers.
Here is its official company description:
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 560,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 12 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.
Suppliers receive more than 10 million sales leads annually from buyers through Global Sources Online alone. Global Sources has been facilitating global trade for 36 years. In mainland China it has over 1,600 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media
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