Worried about PIPL compliance for your Chinese data practice? Read on. If you are handling the personal information of any Chinese citizens, you certainly should be. The penalties are strict!
bit.ly/3EMeUF5
#compliance #pipl #china
Supply chain resilience starts with being able to detect changes BEFORE they cause disruption and losses. We've compiled more expert advice on the top 3 ways to fortify your supply chain - now - to avoid costly stoppages in the future. bit.ly/3RWtJI8
Weekend reading: 3 charts that tell the story of global economic trade's present, near-future and 2026 projections. blog.nunanetwork.com/wef-cha… #chinatrade #supplychainweek #importexport #supplychain
If it can happen to Ford Motor Company, it can happen to you. 45,000 vehicles not shipped because the auto company is missing the iconic blue Ford badge. cnb.cx/3CV8pP0
#importexport #china #supplychain
Recent PIPL enforcement has drawn fresh attention to the rules and regs, particularly in light of the harsh penalties. Fines totaling roughly $1.2 billion were levied against Didi, China’s largest ride-sharing service provider. bit.ly/3CYbVrI
#supplychain #importexport
The Cyberspace Administration of China (CAC) has finally released guidelines for how to apply for permission to transmit Chinese citizen PI across the country's borders.
But before you begin that process: do you need permission to transfer data?
bit.ly/3VlL7Jc #china
Supply chain disruptions are the new norm. What are you doing to strengthen your supply chain resiliency in China? Verifying and monitoring your vendors sounds like a good start - but of course we're biased!
aljazeera.com/economy/2022/1…
#supplychain #chinabusiness #importexport
Your job is to reduce business risk in every way possible. This article breaks down some essential ways to do that through KYB in China. #china #kyb #aml #duediligence #SupplyChain
bit.ly/3dzlCmr
Is your Chinese vendor's business license still valid? Understanding whether the business license is current (that is, not expired) is an important point of validation as part of your initial research and due diligence phases.
#SupplyChain #china #dropship
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Your manufacturing partner may offer an expanded menu of services or products - but are they authorized to produce them? The business scope document is the official record that indicates what products and services a Chinese company may produce or provide.
bit.ly/3bZY8GC
Here's a helpful new post you'll want to bookmark: a glossary of all of the data points you'll find in an Advanced Company Report. Many of these terms aren't immediately obvious, so we've detailed the tricky ones for you. bit.ly/3zSanwO #china #Compliance
Sending a T/T payment to a Chinese vendor? Know the risks - and how to mitigate them. This article summarizes a few of the most important things to look out for. #china #Compliance #dropshipping bit.ly/3QIFodh
Reading Chinese licenses can be hard, particularly if you can't read in Chinese. This helpful visual guide breaks down the Chinese business license for you. All companies in Mainland China conducting business are required to have a valid business license. bit.ly/3xprxRg
So...you've run a Nuna Network company report on a #chinesevendor. And they are on the abnormal business operations list. When a Chinese company is on the Abnormal Business Operations List, it faces a variety of restrictions from the Chinese gov. bit.ly/3Mn40Ws #imports
Understanding the differences between paid-up capital and registered capital is an important step in your due diligence process. This handy 2 minute article break it down, so you'll be able make informed decisions with your Chinese vendors. #supplychains bit.ly/392vBP3
Have you ever attended a trade fair in China? Tell us your favorite one in the comments. China hosts a wide variety of trade fairs throughout the year in various cities, each with a different area of focus - here's our list of 7 key ones to consider. bit.ly/3LUJFsj #kyb
If you've ever audited your Chinese supply partners with a partner such as Nuna Network, you may have noticed they have "administrative penalties" listed - sounds bad, but what even is an administrative penalty? Read on and learn more >> bit.ly/3MKtI7Y #dropshipping
Want to better understand how you can verify Chinese document authenticity on your own? Read on to understand the documents, certificates, processes, and procedures required to set up a relationship with a business in China. bit.ly/3MD37d5 #china #dropshipping #Import
Next in our series of handy certificate visual breakdowns: the China tax registration certificate. This document helps you verify two important pieces of information about a company in China. Learn more on our blog: bit.ly/3vFJrhG #china #importexport #dropshipping
Chinese companies have so many certificates and documents, it can be difficult to even know which to ask for first. We break down the most important ones you'll want to review before proceeding with any vendor relationship. #china #dropship #dropshipping
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