Buy custom Hong Kong Import & Export Practices
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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1214 |
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companies need to make decisions quickly and respond to buyer inquiries immediately. According to Olivia Cheng, president of California-based World Medical Trade Organization (WMTO), "Business moves quickly, and you have to be ready to act fast in Hong Kong." One of the best ways to sell products and services in Hong Kong is through agents and distributors, which minimizes initial investment in the market...
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Hong Kong has an extensive network of agents and distributors who are eager to buy and sell competitively priced, quality U.S. products.
For many American products and services, initial market penetration in Hong Kong does not require an investment of millions of dollars of company funds. Given that Hong Kong is a "free port" with virtually no duties or tariffs, and that it has a wide-ranging network of agents and distributors, a well-managed market penetration program with a moderate investment in market development is generally all that is required initially...
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