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Hafrik Guide @HafrikGuide added blog in Living in China
2025-12-13 05:11:01 · Translate

Advice for Anyone Starting a Business in China: What Real Entrepreneurs Wish They Knew

China is one of the best places in the world to do business, but it is also one of the easiest places to make costly mistakes if you rush in unprepared. Many people arrive with big ideas, excitement and confidence, but few take the time to truly understand the environment they are stepping into. The entrepreneurs who last in China don’t just work hard — they work intentionally....

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Hafrik Support @Hafrik added blog in Business & Money
2025-07-29 19:18:28 · Translate

An Introduction to Doing Business in China 2025

Doing Business in China 2025 is designed to introduce the fundamentals of investing in China. Compiled by the professionals at Dezan Shira & Associates in December 2024, this comprehensive guide is designed to let foreign investors get familiar with the changes happening in China’s business landscape and explore new methods of doing business in and with China—to identify areas...

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Fapohunda Olayemi Horlaarsman @Horlaarsman added blog in Business & Money
2026-09-09 21:41:29 · Translate

How to Open a Business Bank Account in China as a Foreign National: Bank-by-Bank Comparison and Required Documents (2024)

If you've registered a WFOE (Wholly Foreign-Owned Enterprise), a joint venture, or a rep office in China, you already know the paperwork doesn't stop once you get your business license. In fact, for many African entrepreneurs and business owners we talk to in the Hafrik community, opening the actual bank account turns out to be the most frustrating part of setting up shop in China — more...

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Hafrik Guide @HafrikGuide added blog in Living in China
2025-11-24 06:20:38 · Translate

Starting a Business in China as a Foreigner: The Real Truth

The Real Truth When many Africans think about coming to China, the first plan is usually simple: “Let me get a job and collect salary every month.” On paper it sounds easy, but in reality it is one of the hardest routes to survive here. Out of 100 people who come with a pure “salary job” mindset, maybe 5 will actually land a proper, stable job. Even those 5 don’t...

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Hafrik Guide @HafrikGuide added blog in Business & Money
2026-09-09 22:59:03 · Translate

Importing From China: The Actual Steps Nobody Explains Properly

Everyone says "just import from China" like it's one click on Alibaba. It's not. I've watched too many people lose money because they skipped steps or trusted the wrong supplier. Here's how it actually works, no fluff. Step one: know exactly what you want before you touch a sourcing site. Not "phone accessories," but the exact spec, material, size, and target price per unit. Vague requests get...

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Hafrik Guide @HafrikGuide added blog in Visa & Legal
2025-10-26 04:26:59 · Translate

Shanghai Launches New Visa and Immigration Services for Foreign Exhibitors

The Shanghai Public Security Bureau (PSB) has rolled out new measures to make it easier for foreigners to attend and do business during the China International Import Expo (CIIE). These updates improve visa access, registration, and mobility around the event. 1. Electronic Port Visa System For the first time, Shanghai has introduced an electronic port visa system for foreign exhibitors and...

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Hafrik Guide @HafrikGuide added blog in Visa & Legal
2026-09-11 17:46:52 · Translate

Shenzhen Is About to Host the Whole Asia-Pacific — Here's What That Means for You

Shenzhen just got confirmed as the host city for the APEC CEO Summit 2026, running November 17-18, and the timing lines up with the bigger APEC Economic Leaders' Meeting on November 18-19. This is the CCPIT (China's main trade promotion body) making it official, and it's the third time China has hosted an APEC gathering, after Shanghai in 2001 and Beijing in 2014. Except this time it's not...

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Hafrik Guide @HafrikGuide added blog in Business & Money
2026-07-06 08:42:15 · Translate

Wholesale Electronics in China — The Sourcing Guide for African Traders

📱 Wholesale Electronics in China — The Sourcing Guide for African Traders If you're buying electronics to sell back home — Lagos, Accra, Nairobi, Joburg — China is where the margins are made or lost. One good sourcing trip pays for itself. One bad one teaches you an expensive lesson. This guide covers where to buy, how to negotiate, and what to check before your money...

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Hafrik Guide @HafrikGuide added blog in Business & Money
2026-07-07 07:30:46 · Translate

🤝 MOQ Negotiation Tips in China — How to Order Small and Still Win

You found the perfect product. The price is right. Then the supplier says: "MOQ 1,000 pieces." 😩 For a new trader, that's the deal-killer — too much cash, too much risk, too much stock. But here's the secret experienced importers know: MOQ is a starting point, not a wall. Here's how to negotiate it down like a pro. In markets like Huaqiangbei, almost every MOQ is negotiable —...

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