Wary of Large Orders from China? Tips to Avoid Fraud
You should conduct due diligence in advance and make the installment payment arrangements reasonable.
China Factory and Supplier Scams & Frauds
Avoiding Fraud and Scams: What to Do When Your Chinese Supplier Is in An Abnormal Operation State?
This is a red flag. It means that you should verify the Chinese enterprise before signing the contract.
How to Spot Fraud and Default When Purchasing Steel from China?
A number of customers have been defrauded in the purchase of steel from China.
A Chinese Company Asks You to Pay to Its Bank Account outside China? It May Be a Scam.
Because it might deny afterward that it was its account, and thus that it received your payment.
Why Does the Lawyer Appointed by SINOSURE Ask Me to Pay Even in Case of Chinese Exporter’s Fraud?
Have you ever encountered with the situation where the lawyers appointed by China Export & Credit Insurance Corporation (hereinafter referred to as “SINOSURE”) to collect the payment for goods from you?
If the Chinese Supplier Hasn’t Shipped the Goods, What Should I Do?
You should terminate the contract before considering whether to claim compensation from him.
Can I Ignore the Transaction If the Goods of the Chinese Supplier Are Poor-quality?
You’d better not turn your back on your deals with Chinese suppliers. You shall terminate your contract in accordance with reasonable procedures.
What If the Chinese Supplier Asks You to Pay to Different Bank Accounts?
When you make payments to Chinese suppliers, they may ask you to pay to several different bank accounts that may not belong to themselves.
What Does It Mean if My Chinese Supplier Is a Dishonest Judgment Debtor?
You should perform verification or due diligence on a Chinese supplier to find out whether he/it has the capability to perform contracts before you make a contract with the supplier. You can ask us for free verification service.
How to Identify a Fake Company Seal?
If a Chinese company affixed a fake official company seal when signing a contract with you, probably you are in a scam.
What Should I Do if the Supplier in China Disappears?
You can terminate the contract with this supplier so that you can claim back your paid amount.
Can I Claim Compensation for the Loss That I Compensate My Customers All Caused by Chinese Supplier’s Fraud or Breach of Contract?
You should state in your contract such loss may be incurred in advance. As such, at least you should inform the supplier of such loss in the course of execution of the contract and seek his/her consent.
Find China Supplier’s Legal Name in Chinese to Avoid Scams
If you find a China supplier’s legal name in Chinese, you can initiate an action before a court or file a complaint against it. If not, you cannot do anything. All Chinese individuals and enterprises have their legal names in Chinese, and they have no legal or standard names in foreign languages.