China Shipping Update

agent006140 · #**133** 02-21-2020

Chinese businesses are having problem paying their bills and keeping their factory open,some small businesses have just enough cash to keep going for a few days.
Some state owned enterprises are asking debt holders to accept 37 cents on the dollar for the debts they issued and state offers are not enough to bail everyone out.
so know your suppliers.

phaz0rz · #**134** 02-21-2020

Quote:

Originally Posted by agent006140

so know your suppliers.

Impossible. They're a bunch of ghosts. They're even worse than Americans about simply dissolving the company and starting a new one if the going gets rough and they aren't making enough money. There's little to no repercussions for debt, bankruptcy, or screwing over your customers to remain profitable.. so it's a common practice, in China.

Read this expat's experience for perspective : https://i.postimg.cc/13RsCkrN/chinawork.png

phaz0rz · #**135** 02-21-2020

My people handed off my first post-CNY shipment to their agent last night. Once I get a tracking number I'll let you guys know if there are any delays as the shipment progresses from HK -> USA.

indielad · #**136** 02-21-2020

My Guangzhou supplier says DHL is not working there. I'm not sure whether she's just telling me that becuase she doesn't want to risk leaving her house to ship parcels

solefoodbk · #**137** 02-21-2020

Far as I know ups and dhl aren’t readily working in the area my suppliers are. FedEx and sfexpress (which turns into ups once it reaches USA) should be fine for most.

Also key thing to consider, sfexpress is charging extra rates in many locations, maybe FedEx is too but I know sfexpress is. If you have suppliers saying they can’t ship, it could be because it’s more expensive than normal and they’re just not telling you.

prodigyace · #**138** 02-21-2020

Just got a shipment confirmed to be shipped DHL, arriving on feb 25

solefoodbk · #**139** 02-21-2020

Quote:

Originally Posted by prodigyace

Just got a shipment confirmed to be shipped DHL, arriving on feb 25

Are you paying more than you usually pay to have them ship it?

phaz0rz · #**140** 02-22-2020

UPDATE : the shipment I mentioned in my last few posts in this thread is now mobile and is estimated for delivery on Tuesday. Currently in HK waiting to board a plane for USA.

agent006140 · #**141** 02-22-2020

WHERE is your vendor?

prodigyace · #**142** 02-22-2020

My DHL shipment is scheduled for Tuesday as well

Kajunrook · #**143** 02-22-2020

My main supplier just messaged me overnight that his factory back up and running.

walkingupwards · #**144** 02-22-2020

Quote:

Originally Posted by Kajunrook

My main supplier just messaged me overnight that his factory back up and running.

Where is he located?

agent006140 · #**145** 02-22-2020

Quote:

Originally Posted by phaz0rz

Shenzhen, right next to HK.

thats easy,if they have to,they will just walk over to HK,there is a fast train,HK folks can go in the morning,order clothese,drapes and go see movie,brunch and pick them up in afternoon and come home.

phaz0rz · #**146** 02-22-2020

Quote:

Originally Posted by agent006140

thats easy,if they have to,they will just walk over to HK,there is a fast train,HK folks can go in the morning,order clothese,drapes and go see movie,brunch and pick them up in afternoon and come home.

There's a bit more involved than that, but yes, Shenzhen is the ideal location for Chinese suppliers wanting to shift their inventory through HK.

yankee · #**147** 02-22-2020

Up and running as well but no workers yet. Shipments have gone smoothly with FedEx.

phaz0rz · #**148** 02-22-2020

Quote:

Originally Posted by yankee

Up and running as well but no workers yet.

That's the case for me as well. Everything that is shipping is inventory that was manufactured before CNY.

two3aight1 · #**149** 02-22-2020

Quote:

Originally Posted by phaz0rz

That's the case for me as well. Everything that is shipping is inventory that was manufactured before CNY.

Hey phaz, I know your probably busy but I sent you a pm a while back.

walkingupwards · #**150** 02-24-2020

Any updates guys? Any orders gotten shipped lately?

solefoodbk · #**151** 02-24-2020

Quote:

Originally Posted by walkingupwards

Any updates guys? Any orders gotten shipped lately?

Unless your supplier is bordering Wuhan I don’t see why you should have a problem. Factories haven’t resumed yet I don’t think for most industries. Most sellers stocked up more before new year anyways though.

phaz0rz · #**152** 02-24-2020

First shipment came today.

james13v · #**153** 02-24-2020

Quote:

Originally Posted by phaz0rz

First shipment came today.

lol you going to open it?

ebaystealth1974 · #**154** 02-24-2020

Put that mask on!