The US government announced the implementation of new sanctions against Ukrainian politicians. These politicians are accused of interference in the US elections. The list includes Andrii Derkach, who was a proxy used by Russia to leak the information regarding Joe Biden’s son, Hunter.
Category: China Wholesale & B2B
China Shop The Globe

Shop The Globe Prices Beat eBay on Hygiene Products
A month ago, we at Shop The Globe showed how customers and retailers can buy popular American brand name products, via our new vendor, Wholesale B2B, to sell in their shops and yours. The example we gave were hygiene products. As a follow-up, we decided to show further how our prices compare to the competition, and in particular, eBay.

Knowledge Anxiety – Paid Study Rooms Thrive in China
Unlike traditional cafés, Paid Study Rooms (PSRs), the name already gives away how it works: people pay to self-study here. Many of them bear the word “dream” in it, like Dream Runner, Dream Seeker or Dream Builder. In this society where competition and hardworking are extensively encouraged, PSR has just started its journey.

Buy Direct from Manufacturers at Shop the Globe and Save
At Shop the Globe, we’ve made it easier than ever to buy the items you want at a low price, direct from manufacturers. In a short time, we’ve also been able to offer more features and capabilities than other, more established wholesale sites, and decisively beat the prices of a certain, famous auction site.

China New Civil Code
China rolled out the new Civil Code. It should be noted, the Civil Code never previously existed in China. The New Code is available here. Furthermore, the Civil Code consists of the 7 chapters and 1260 articles. These chapters include provisions for the property rights, the individual rights, marriage, family the inheritance and the every day offenses.

Semiconductor Shortage Forces Companies to Cut Cars
According to news sources, Nissan has reduced the production of vehicles due to a shortage of semiconductor materials. The Japanese company will decrease development of Note compact cars by 5,000 units in January 2021. Output is anticipated to be decreased starting in February.

Founder of Alibaba Becomes the Symbol of Capitalism in China
Where is Jack Ma? The whole world is wondering what has happened to one of the richest men in China, who used to have a very high profile and now has disappeared for over two months. The founder of Alibaba didn’t even show up in Africa’s Business Heroes as scheduled, a TV show funded by Jack Ma Foundation. Concerns and speculations over his current situation have been circulating in China.

Shop The Globe Beats eBay — Save on Bulk Candy
Shop The Globe, your one-stop wholesale shopping networked experience, is already a great place to stock up on in-demand, brand name items and keep your storefronts full. But how well does it stand up against the competition? We did some comparison shopping to show how you can save on popular items with Shop The Globe, versus eBay.

DPRK — Kim Admits Flaws in Economic Plan
During the opening of the 8th Congress of the Workers’ Party of Korea on Tuesday, North Korea’s leader Kim Jong-un admitted that his government’s policies to rebuild the country’s economy had failed. Kim added that it is necessary to learn from “painful lessons” of the past few years.

Esources UK Wholesale Suppliers vs Shop The Globe and Searches – Which B2B Wholesale Website Provides You With a Better Service?
If you’re looking for a 20 year old directory list with almost no real search capabilities, Esources UK Wholesale Supplies is your source. If, like most wholesale buyers or sellers, you’re looking for a one stop website location that offers very good search capabilities, that is Shop The Globe.

Chinese Internet Users Indignant at Another Young Karoshi
Right before the new year, on December 29, Zhang didn’t leave work until 01:30 a.m. While walking home with her colleagues, she suddenly fainted. Even though she was immediately sent to a local hospital in Urumchi, she still passed away six hours later.
The tragedy had been circulating unperceivably on the internet, until it trended on January 3. One day later, on Zhihu, people started to spread a screenshot of a post by the official account of tech giant Pinduoduo:

Tesla Exceeds Target of 500,000 Cars in 2020
Elon Musk has recently said that Tesla has only managed to produce marginally more than half of the 500,000 vehicles goal planned for this year. Tesla estimated that it would produce nearly 500,000 vehicles in 2020. In this way, Tesla has announced it has earned money over the last five quarters and has seen its share price increase by over 700% over the past year.

Buy Direct from Manufacturers Globally at Shop the Globe
The internet has democratized the human experience in ways once unimaginable even two decades ago. News and information is available at one’s fingertips instantly, from sports scores to stock tips. New connections and friendships can be formed, bringing past pen pals together in an instant. This, of course, extends to the world of commerce.

China — US Relations at New Crossroads
In an interview with official media, Chinese Foreign Minister Wang Yi condemned the Trump administration’s actions to contain China and provoke a new Cold War, saying that this has brought harm to the world. He also hoped that the new administration led by Biden would “regain rationality and reopen dialogue.”

Hong Kong Re-Arrests Jimmy Lai
A Hong Kong court on Thursday once again issued an arrest warrant for businessman Jimmy Lai, a notable critic of China who had been granted house arrest on bail. Lai’s case is the first to involve a person accused of violating the new National Security Law, which many see as a test of the territory’s judicial independence.

Report: UAE a New Hub for Embargoed Shipping Companies
The United Arab Emirates has become a new hub for shipping companies looking to avoid US sanctions. This is as revealed in a new Reuters investigative report. It divulges how a collective of shipping companies previously embargoed by the US are taking advantage of UAE registration loopholes.

Wholesale Central Directory Listing vs Shop The Globe and Searches – Which Website Provides You With a Better Service?
When Google came out with a new search engine, it became a far better solution for searching based on the criteria you put in, and this new company transformed the entire search industry. Before Google most products on the internet were listed and then purchased indirectly from yes directories. So called search engines in the early days like Yahoo (which had a dominant position early) were simple listing directories.

Rich Chinese Couples Explore New Form of Marriage
Will China get old before it gets rich? This is an important question frequently discussed in China and by its rivals. It’s a matter of national power. The answer, according to most, is Yes. And it is already happening. Statistics from the CIA show that China has the same median age as the US, which is not a good sign for a developing country where the income per capita is not even half the level of a common developed-country.

Zhang Zhan, Coronavirus Whistleblower, Jailed
A Chinese citizen journalist has been sentenced by a court in Shanghai to four years in prison. Zhang Zhan was accused of having reported from Wuhan when the coronavirus broke out in the city, something the Chinese authorities didn’t want exposed. The journalist’s sentencing has been confirmed by one of her defense lawyers, Ren Quanniu.

Human Rights Watch — China Arrests Reporters of The China Virus
The international humanitarian organization, Human Rights Watch (HRW) on Saturday accused the Chinese authorities of intensifying arrests of journalists and activists who report “on the covid-19 pandemic as well as on other issues deemed as critical to the Chinese regime.

China and Russia in the Defense Field
China admitted that Russia is superior in the defense aerospace. The revelation came during the joint patrolling exercise, which utilized the Russian Tu-95 MS strategic bombers and the Chinese Hong-6S. China is having difficulty with production of the technology.

Coronavirus Vaccine vs People of Faith
The Coronavirus pandemic continues to spread around the world. Currently, there are over 80 million infected and over 1.7 million deaths around the globe. At present, over 1% of the global population has been infected with the Coronavirus.

Erdogan Contemplates New Turk Block
Turkish President Recep Tayyip Erdogan has been contemplating the idea to create the “Turk” military political block. The strategic decision has been made, after interference in the Nagorno Karabakh conflict, which resulted in the gain for the Azerbaijan.

Shop The Globe Offers New, Brand Name Products for the New Year
Shop The Globe, your new, online global wholesaler, understands the value and demand of name brand products. The name and logo on the package conveys a sense of distinctiveness from competing products and cultivates brand loyalty— and increasing, dependable demand with it.

US Imposes Visa Restrictions on Chinese Officials
The US government has imposed visa restrictions on a number of Chinese officials suspected of supporting the suppression and oppression of ethnic minority groups as well as those who oppose the establishment. The latest move is aimed at checking China’s human rights abuses.

Values Expressed by Chinese Government Unsettle Internet Users
Ding Zhen became famous overnight. On November 11, a 7-second video of him was uploaded to TikTok, in which he simply smiled slowly to the camera. It went viral and trended on many social platforms. Internet users are deeply charmed by his raw beautiful face. But no one could have foreseen how the story would unravel itself.

Linking to a Global Value Chain – How to Build a More Efficient Sales Process
Using the global value chain as a selling tool is a new phenomenon. Listing can also help you uncover a competitive advantage over rival businesses, boosting company profits and enticing new customers. Global Trade accounted for 54% to 60% of all worldwide sales in the last few years. So you can benefit from global sales.

How Russia is Using the SolarWinds Hack as Propaganda
The US government experienced a massive hack this month. According to the experts the hacked networks would have to be burned. The Washington Post immediately accused Russia of the hack. There are have been reports that hackers also gained access to Microsoft. Most strongly believe that Russia is behind the hack.

Trump Blames Media for Exaggerating SolarWinds Hack
US President Donald Trump has blamed the media for sparking unnecessary drama over the recent SolarWinds hack. The intrusion sent shockwaves across the private sector and government organizations when it emerged that over 18,000 clients had been infiltrated by malware embedded in a recent software update.

Shop the Globe Offers Name Brand Products at Wholesale Prices
At Shop the Globe, we understand the struggle wholesalers face, during good times and bad, to keep your storefronts stocked with high-demand products at affordable prices. Dozens of vendors have already signed up with our new, global, online wholesale outlet, selling products from all over the world to wherever their customers may be.

Is Germany Hurting its Bid for a Permanent UNSC Seat?
Russia and China believe that Germany will not be able to upgrade to permanent member status on the United Nations Security Council. Furthermore, a Russian diplomat stated that Russia will not miss Germany when its term expires a the end of this month. The comments came on the heels of a scandal that broke out during the UN Security Council meeting.

Russian Looks to Middle East in 2021
Russia has multiple formats pertaining to its own foreign policy. Russia has large ambitions in the Middle East. These interests will be even more clear in 2021. Currently, the Kremlin has three prioritized directions. However, Russia seems to not be as interested in the former Soviet Bloc Asian nations.

Russia Looks to Eurasia in 2021
Russia continues to strengthen its partnerships with Eurasian nations. The main organizations are the Eurasian Economic Union and the Shanghai Cooperation Organization. The actual “Eurasian” direction of development is mainly manifested in the framework of the integration of the associations and international organizations in which Russia operates.

Treasury Labels Switzerland, Vietnam Currency Manipulators
On Wednesday, the US Treasury Department released a report for the US Congress, entitled “Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States.” The report comes from Treasury’s Office of International Affairs. According to the report, Vietnam and Switzerland are involved in currency manipulations.

Three Ways to Help Your Business Global Value Chain
Global Trade accounted for 54% to 60% of all worldwide sales in the last few years. We would like to help you find the first key steps to increasing your company’s global trade.
The first step toward improving your global trade is to find global key sources and suppliers. It is becoming apparent that companies are reducing their overall reliance on China, which currently has about 28% of global manufacturing. This is creating new and incredible opportunities away from China.

CPJ: Record Number of Journalists Arrested Worldwide
As per the annual report of the Committee to Protect Journalists (CPJ), the number of journalists detained while in line of duty hit a record high this year. By December 1, the CPJ reported Tuesday there were at least 274 journalists arrested worldwide. The CPJ indicates that number does not include those who were imprisoned and released throughout the year.

Concerns Over the Future of Community Group Buying in China
The concept of community group buying (CGB) started in Changsha in 2016, when several local supermarkets explored selling daily necessities online. Neighbors of the same residential unit could participate together to make a big order, and the supermarkets would deliver the orders at once in a few days.

Parents’ Anxiety Creates a New Multi-Billion Market in China
“The next Bill Gates will be someone who starts programming as a toddler.”
“In the future, illiteracy means not knowing how to code.”
Recently, many education companies in China offer programming lessons for kids from 4 years old. Such lessons consist in using toy blocks to construct required shapes and interacting with robots. A 40-minute lesson costs about $15, while a full training course usually contains more than 40 lessons.

Biden- Says He Will Return US to Paris Agreement
Joe Biden assured on Saturday that the United States will return to the Paris Climate Agreement “on the first day” of his government. He also said he plans to convene a world summit on the topic in his “first 100 days” at the White House.

The Marriage Between the Deceased in China
In 2008, Li Zhong suspected that his wife, Kang Cuicui, was cheating on him. They had a fight and Kang ran away. She went to a hotel and drank paraquat, an acute toxic herbicide without antidote. Her family was outraged, and Li’s parents had to spend over $15,000 to bury her properly in the family tombs. On November 14, 2020, when they went to clean the tombs, Li found out that Kang’s tomb had recently been dug up and buried again. They called the police and opened the coffin, only to find nothing inside but a big red carrot.

Fifth Year of Paris Climate Agreement Amid Fears
The UN Climate Summit is being held online with the participation of more than 70 world leaders as the effects of fossil energy use, deforestation, forest burning, ocean pollution and human conflict with nature become more apparent than ever. During this pandemic, they are also saving carbon emissions by conducting their meeting online.

The Possible SWIFT Disconnection and the Russian Economic Impact
The experts predict new sanctions will be laid against Russia within a year. The predictions are based on Joe Biden favoritism to the Ukraine. Ukraine has been vocal to remove Russia from the Swift payment system. SWIFT is a vast messaging network used by banks and other financial institutions to quickly, accurately, and securely send and receive information, such as money transfer instructions.

Shop the Globe Now Sells Wholesale Brand Names at Incredibly Low Prices
Dozens of vendors from around the world have been rushing to create storefronts on the new global wholesale outlet Shop the Globe. They sell products from the United States, Ghana, Australia, Hong Kong and France just to name a few.
Now hundreds of brand name American Products are available at prices that will astound you. Buyers can find brand names such as 5-Hour energy, Baby Ruth, Advil, Chips Ahoy and Claritin just to name a few.

New Internet Fraud on the Rise in China
The Covid pandemic has greatly reduced social interactions in the real world, which becomes a big opportunity for online dating apps. They not only survived but thrived during this difficult time. However, you never know who is on the other side of the phone. In China, internet fraud is living its life this year.

Pompeo: Hong Kong Another City Controlled by CCP
US Secretary of State Mike Pompeo warned business leaders that the United States will treat Hong Kong like other cities in mainland China. Hong Kong Chief Executive Carrie Lam jumped out to argue that Hong Kong’s status as a global trade and financial center will not change.

Why Are Global Value Chains So Important?

Global Value Chain or sometimes referred to as Global Supply Chain (GVCs) are possibly the world’s strongest drivers of productivity growth, job creation, and increased living standards for both countries and companies.
- GVCs make a significant contribution in international growth and development. Value-added global trade contributed about 30% to the GDP of developing countries.
- GVCs are coordinated across geographies.
- Companies and countries that embrace them have proven to grow faster, import skills capital and technology, and boost employment.
- A Global Value Chain has proven to sell products and do marketing on a low cost digital marketing globally.
- With GVC-driven development, countries over time generate growth by moving to higher-value-added tasks and by embedding more technology and know-how in all aspects of their business helping to leap-frog their global competitors.

Long Commute is “Killing” Workers in China
“Every morning when I get on the subway, I feel like a pig on a slaughterhouse truck, waiting to be sacrificed.” Hu Yun spends over three hours each day on commute. In Beijing, she’s far from alone.
According to a report by Alipay, Beijing is the earliest city in China to wake up. Millions of people have to get up at 5 am when it’s still dark outside, rushing into the center of Beijing and then coming back at night. It’s Beijing’s tide. The average commute there surpasses half a marathon. “Just getting to the company already takes away all my energy. What is spare time? When I get home I only want to lie down because it’s almost midnight.”

China New Quantum Computer- Is It Superior to Google?
The engineers from China announced the new work pertaining the new quantum computer Jiuzhang. The Chinese developers claim that the new quantum computer takes close to 200 seconds to complete the calculations. According to the published research, it is supposedly the fastest computer in the world.

Brands Remain Committed to Wholesale Despite Problems
Last month, in a widely-reported survey, nearly 700 small to enterprise-level brands gave their thoughts on the future of wholesale. The survey found that 80% of brand executives surveyed do not have a negative outlook on the future of wholesale, and in fact, 90% plan to continue investing in the wholesale side of their businesses.

Chinese Government Targets Private Credit Products
On December 4, Beijing Daily, the official newspaper of the Chinese Communist Party Beijing Municipal Committee, posted on Weibo an article titled “The Young Generation that Got Stuck in Huabei.” According to a study, there are 175 million people born between 1990 and 1999 in China, the so-called “post-90s.” Only 13.4% of them claim that they avoid any debt, while 86.6% have tried credit products, the most popular ones being Huabei and Jiebei, two credit services offered by Ant Group.