China-Related Cross-Border Trade Dispute Resolution
China-Related Cross-Border Trade Dispute Resolution

The Hidden Dangers of ‘Too-Good-to-Be-True’ Steel Prices: Protect Your Business from Non-Delivery Scams

In dealings with Chinese steel suppliers, one may frequently encounter alluringly low prices; however, some suppliers use these prices as bait, failing to deliver after receiving prepayment—a costly risk that can be mitigated by researching suppliers, setting clear contract terms, and using secure payment methods.

The Price of Bargains: Why Temu’s Low-Cost Strategy is Backfiring

In its bid to capture the U.S. market, Temu employed a weapon of mass appeal: rock-bottom prices. This strategy swiftly opened doors to American consumers, particularly in the so-called “outer rings” of the market. However, this very weapon has now transformed into a double-edged sword, beginning to backfire on the company as it faces growing discontent from both buyers and sellers.