2010 February | The Safely Sourcing China Blog

Archive for February, 2010

Ever Wanted To Have Your Own Brand?

Sunday, February 28th, 2010

Why Not Have Your Own Brand?

It May Be Easier and Much Cheaper Than You Think.

Dell, along with a number of  other brand names, buy bare-bones systems, which have been manufactured in China; then they simply tart them up a little, slap their brand label on them, and now you have a Dell computer.

 You Could Have Your Brand Name On The TongFang S30-i

You Could Have Your Brand Name On The TongFang S30-i

In fact, some statistics say that 80% of all the world’s laptops and notebooks are manufactured here in China by a handful of OEM or ODM companies, who simply brand the cases for those large known foreign buyers who sell those brands to us on our high streets.

One OEM, Quanta, for example, has made portables for Dell™, Gateway and Apple, amongst others, as far as I understand it.

Another example would be Inventec, probably being the biggest server ODMs, and one of the top 4 Notebook makers worldwide. Inventec 08’ revenue reached 10 billion dollars.

But most of you probably haven’t ever heard of either Quanta™ or Inventec™, have you?

So, why not have your own brand made, using the same suppliers, and at the same quality?

There are many smaller OEMs or ODMs you’ve never heard of and who produce excellent quality goods, as Quanta™ and Inventec™ will only take large orders, and much of their capacity is taken up in the production of machines for the big brands.

We have a very nice contact with a company here in China, and who have produced for Elonex in the UK; you know, those guys who claim to make the cheapest laptops or notepads on the UK market.

Superb Computing Power With Lovely Sleek Lines

Superb Computing Power With Lovely Sleek Lines

Not to mention TsingHua TongFang (THTF), for which I am their African, European, and North American agent.

Many of the THTF products range have specifications and applications which even exceed those of companies such as Dell™, and all you need do is buy enough to have your name branded onto them.

The MOQ (Minimum Order Quantity) to have your own brand will depend on the OEM/ODM; it can be as little as 500 machines, and so may cost you far less to do so than you could imagine.

We can help you find one of these OEM or ODM companies to produce the goods you require, at the quality and specifications you require, at less than the cost of many of the big brand names.

If that’s your bag.

All of the ove is true for laptops, netbooks, notebooks, UMPC, USB memory sticks, and mobile telephones; not to mention every other product you can think of from can openers to clothes.

The following is an example of the specifications to which you could have your own brand made.

And in this example I’m going to be using a TongFang computer – the S30 i, being the latest addition to the TongFang PC range; although I have access to several other OEM/ODM companies here in China.

The S30-i is a top end model, but I’ll be illustrating it in its’ basic configuration, and will include the price and MOQ after the specifications.

These machines are superbly crafted, well designed, and manufactured to all the known standards you’d expect in any high quality product of this kind.

TongFang S30 i

Intel® Processor ULV 723 (1.2GHz, 1MB L2 Cache, 800MHz FSB, 45nm, 10W)

Screen Size and Dimension: 13.3? Wide Screen Glare + Ultra-Thin (3.3mm) WXGA TFT (1280×800)

Chipset: Intel GS45+ICH9-M

Graphics: Integrated Intel GMA X4500MHD – Shared 256 MB Video Memory

RAM: DDRII 1GB

HDD: 160G

DVD: DVD Super Multi (Ultra-Thin: 9.5mm)

Network: 10/100/1000 Mbps LAN

W-Lan: Intel Mini PCI-E 802.11 AGN

Card Reader: (MS/MS pro/SD/MMC) 4 in 1 Card Reader

Camera: 1.3 Mega Pixel Video Camera

Battery: 6-cored Intelligent Lithium Battery

Dimensions: 322 (W) x 239 (D) x 17~25 (H) mm

Weight: 1.4 Kg (3.087 lbs) (Battery Included)

The S30 i comes with built-in Biometric Fingerprint and Facial Recognition, and is presented in a Ultra-Slim Magnesium Alloy Case. All as standard.

MOQ: 2,000 UNITS

FOB (ShenZhen) Price Per Unit: $ 449 USD

Sample Price: $ 525 USD

Packing Dimensions/Gross Weight:

L 425 x W 165 x H 350 mm / 4Kg

Sets per Container Size:

920 sets/20′
2,280 sets/40′
2,652 sets/40′ HQ

Actually, It's My Own Brand. How Do You Like It?

Actually, It's My Own Brand. How Do You Like It?

Now, that’s a top of the range product, with an excellent street value potential, which could have your company name on it.

Of course, their are cheaper models, and alternative models available from THTF, or any of the other OEM/ODMs I’m in contact with.

So, think about it. If you wanted you could have any quality product, not just computers, with YOUR OWN BRAND on it.

You can download the current pricing and MOQs (Minimum Order Quantity) for THTF computers here.

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Originally posted 2009-08-13 05:45:16. Republished by Blog Post Promoter

Popularity: 30%

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What Can Happen If You Lose On A Deal In China?

Sunday, February 28th, 2010

What Can You Expect To Pay For CIETAC To Arbitrate For You, Should You Lose On A Deal In China?.

So, you lost out, and were skinned and scammed by a company in China, and now you want to go to arbitration to get back what you’ve lost, as well as getting some justice from the “evil doers“, as Mr. Bush might say. So, what’s it going to cost you?

Well, the following is the CIETAC fee schedule for their arbitration services, which I’ve converted, as near as possible, to the corresponding USD values.

Now, remember, when you choose to go into arbitration you agree to abide by the arbitral outcome. That is to say, that should the judgement go against you then all of the following monies tabulated below, will be lost to you on-top of your actual current losses. And don’t go confusing Western Jurisprudence with that of China; it may very well go against you. Remember, this is another risk.

As clearly stated beyond the main table, there may be further “arbitration fee(s) according to this Arbitration Fee Schedule, the CIETAC or its Sub-commission may collect other extra, reasonable and actual expenses pursuant to the relevant provisions of the Arbitration Rules.” Meaning, that whatever you’re charged in the initial schedule may also include further fees levied to your account to the value of 1,500 USD per additional charge, per additional “reasonable and actual expenses pursuant to the relevant provisions of the Arbitration Rules.

Of course, even should you win, the defendant may still hold you up by delaying payment for a variety of reasons, and causing you to resort to CIETAC again, at further expense, which you will then have to get CIETAC to levy back against the defendant. Or, of course, they may just shut up shop and disappear. This kind of tactic wouldn’t necessarily be unusual.

Now, let’s just take a look at a bare-bones example, without the extra fees, and see what we’re talking about here.

We’ll take the lowest level in the schedule as an example, and this is just waving the stick a little, to get an idea of how things could go.

So, you lost $150,000 to a company somewhere in some province, in China.

You go to CIETAC, and before anything happens (and at this point I think it only fitting to mention that there is about a 9 month backlog with CIETAC) you are charged a fee of $5,250, plus the $1,500 registration fee, which is charged at all levels. Therefore, you’re current total is now $6,750, and you’ve just finished the registration process alone.

Then there will be charges for phone calls, letters, and transport costs for an examiner to visit the defendant or their place of business, hotel costs, living cost etc.

So, let’s just consider transport, living, interview, and visitation costs.

Let’s just call that another $3,000, and remain in the conservative area of things. That would bring you up to around the $9,750 mark. Then there’ll be the weeks and months of back and forth, hither and thither, as nothing in this vein happens either quickly or directly in China.

In the meantime, you may see your charges rise by another $3,000, before you even get close to an arbitral decision; and by which time you will have shelled out, on top of your $150,000 loss, another $12,750, and you’ll be sweating and hoping it all goes your way, or else you’ve lost your initial loss of $150,000 plus another $12,750.

So, are you shaking in your boots? Quivering with anger and frustration?

You should be!

Before I present you with the CIETAC arbitration fee schedule, allow me to tell you that there’s another way around this, and that is – PREVENTION.

Your China Trading Partner

Your China Trading Partner

Very simply, you can contact us at Your China Trading Partner, and we’ll make a factory visit, do your Due Diligence, and arrange for your goods to be checked before leaving port.

For us to go visit the factory, and to have your goods checked at port before shipping, will cost you approximately another $850 to $1,000 on top of your costs; whilst of course, on our factory visit we’ll get your supplier to agree to the insertion of the CIETAC Arbitration Clause in your joint contract, and which states:

“Any dispute arising from or in connection with this Contract shall be submitted to China International Economic and Trade Arbitration Commission for arbitration which shall be conducted in accordance with the Commission’s arbitration rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties.”

And thereby, offer you a little extra protection; additionally, of course, you can include in the terms of your L/C, that monies will not be released until goods have passed random quality checking, at their exit port prior to shipping.

Now, here’s a final question for you, before I introduce you to that fee schedule.

Doesn’t it make a lot more sense to spend another $850 to $1,000 on top of your costs, as insurance against the nightmare of losing your investment, and then having to go to arbitration with CIETAC?

I’m a little tired of hearing about all these losses, when I know that even if they can’t be completely dissolved, they can, at the very least, be seriously mitigated.

But, we live in a cost-cutting global mentality, and have done since the Thatcher and Reagan years; and people are silly enough to even cut costs on their insurance and investment security.

This is precisely the kind of mentality that makes dollars for the scammers, and no cents to me? Does it make cents to you?

Get the pun?

Now Here’s That Fee Schedule for you.

China International Economic and Trade Arbitration Commission

ARBITRATION FEE SCHEDULE

(This fee schedule applies to the arbitration cases accepted under Item 1 and 2 of Article 3 of the Arbitration Rules, and becomes effective on May 1, 2005)

Amount of Claim (USD).

Amount of Fee (USD).

150,000 USD or less.

3.5% of the Claimed Amount, minimum 1,500 USD.

150,000 USD to 750,000 USD.

5,000 USD plus 2.5% of the amount above 150,000 USD.

750,000 USD to 1,500,000 USD.

19,750 USD plus 1.5% of the amount above 750,000 USD.

1,500,00 USD to 7,500,000 USD.

30,700 USD plus 1% of the amount above 1,500,000 USD.

7,500,000 USD or more.

90,000 USD plus 0.5% of the amount above 7,500,000 USD.

Each case, when being accepted, shall be charged an additional amount of $1,500 as a Registration Fee which includes the expenses for examining the application for arbitration, initiating the arbitration proceedings, computerizing management and filing the documents.

Where the amount of the claim is not ascertained at the time when application for arbitration is handed in, or there exists special circumstances, the amount of arbitration fee shall be determined by the secretariat of the CIETAC or its Sub-Commission.

Apart from charging arbitration fee according to this Arbitration Fee Schedule, the CIETAC or its Sub-commission may collect other extra, reasonable and actual expenses pursuant to the relevant provisions of the Arbitration Rules.

Safe Trading!

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Originally posted 2009-08-13 05:48:30. Republished by Blog Post Promoter

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Trading Safely With China

Saturday, February 27th, 2010

How To Trade Safely With China.

You want to trade with China, but you don’t feel safe. So what’s new?

Trading with China can be a very profitable way to do business, particularly for the small business or entrepreneur.

Beware Of The Dragon In The Machine!

Beware Of The Dragon In The Machine!

However, the safety of your transaction, and the possibility that you may, sooner rather than later, be a victim of cyber-fraud should be something which worries you very much, as is evidenced by the rise of cyber-fraud between China and the west in recent years. This eventuality is evident all over the internet on BBs and trade-sites where people are lodging their impotent complaints of having lost to the cheats of China.

There are, however, steps you can take to ensure the safety of your transactions, and to seriously mitigate your risk. The following information could help you save your investment, heartache, stress, and the personal shame and embarrassment – all of which will accompany such a loss.

So, what does a Chinese scam look like? What form does it take?

Well, before I go into this in any depth allow me to say that the majority of people out there attempting to trade with China seriously need to reconsider their approach in recognising or determining with whom they are dealing.

The Internet Is A Petrie Dish For Scammers!

The Internet Is A Petrie Dish For Scammers!

The one thing all of us should be aware of, is that the internet is infested with scammers in the same way that a homeless dog is infested with fleas; it’s an electronic Petri dish which breeds scammers on a vast and multitudinous scale.

Indeed, it would not be short of the mark to say that the internet is the most dangerous place to perform business.

Therefore, the first thing you need to understand is that the people who are going to scam you are very savvy and clever, running highly organised schemes of mass deception, which have been carefully designed and implemented to trick and mislead you. These people are professionals at what they do. And their systems become more highly tuned with every successful scam, as they learn from their experience as they go along.

Over the years I’ve read a lot of hard-luck stories written by victims and posted broadly across the internet. Sadly the majority of them leave me with a “Huh?” of disbelief at their naiveté.

Here’s what the scammer knows:

  1. There is always someone wanting products cheaply; even more so in the current financial climate.
  2. “If you build it, he will comeIf they build a website offering incredible prices, then people will visit.
  3. If you like the incredible price you will email.
  4. S/he knows that a little polite conversation on MSN will further reel you in.
  5. They know and understand that the medium in which these frauds and deceptions take place is called the World Wide Web; and just like a real spider’s web, the spider (the scammer) patiently lies in wait for the flies (which is you).
  6. S/he knows that the law of averages is on their side, and not on yours.
  7. They know that they live in a hugely populous nation laden with heavy bureaucracy, and that chasing them up will be almost impossible for you.
  8. They know that it is easy for them to disappear, and setup the same web of deceit again elsewhere.
  9. They know and understand desperation.
  10. Lastly, they know that you want something for nothing (or at least at a ridiculously cheap price) – and so they give you nothing for something.

All of the above gives them a massive sense of self-confidence, and which in itself, provides them with more backbone than you could imagine.

Here’s what you know:

  1. Wow! This is an incredible deal, I was really lucky to find this.
  2. I can’t believe my luck.
  3. You feel a little nervous about the deal, but you just have to take the risk, and so you convince yourself that it’ll be O.K.
  4. You send the money, and then s/he stops communicating with you, or they begin to prevaricate, or even say they need extra money for your goods to clear Chinese customs.
  5. You received a tracking number that doesn’t work.
  6. You can’t believe what a complete and utter idiot you have been.
  7. You think, “How did I not see this coming?”
  8. You realise you did see it coming, but decided to ignore your own instinct because you thought that if it is real you will have found a great supplier at a great price.
  9. You’ve lost your money!
  10. You suffer a huge amount of personal pain, grief, humiliation, a deep sense of shame, and a sensation akin to having been raped.

You can save yourself a lot of heartache, misery, embarrassment, and personal shame by performing necessary Due Diligence before transferring any monies.

Otherwise, you may just find you’ve given away a lot of money, with little effort, to a stranger you’ll never trace on your own.

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Originally posted 2009-08-13 04:32:23. Republished by Blog Post Promoter

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Reiteration – China – A Popular Misconception

Saturday, February 27th, 2010

China – A Popular Misconception.

Further, and more recent email requests for Wiis and Amazon Kindle 2 E-Book Readers, and similar products, have forced me to reiterate a point I have made on many forums before.

There seems to be a common misconception that one can simply buy any branded product directly from China; I have to tell you that in most cases this simply isn’t true.

If you wish to buy the product you want, you will have to go through an authorised dealer or distributor in your own country.

Although a large majority of hi-tech toys, gadgets, and games are produced here in China; they are produced here to be legally exported to traders and dealers who have sole right of distribution in your country, or their other respective countries – not to be sold freely from China to anyone who wants them.

Consequently, the only thing you will find here are knock-offs – or FAKES.

So, all I can say to you is, that unless you can find those legal distributors in your own country, through a request to the parent company, or producer, then I’m afraid you will only ever be cheated.

That will occur in one of two ways:

1. They’ll just take your money.

2. They’ll send you fakes of either very good to crap quality (and don’t expect to get a real warranty).

Is this sinking in yet?

Now, that doesn’t mean you can’t buy from China.

It just means that you will have to forgo the famous brands, and choose some of the excellent, high-quality, OTHER brands (or no-name brands to you), and which are available for legal export to your country, and for which you can get very good deals and make a very decent mark-up when you sell them.

Customers don’t want them?

Then buy some anyway, and TEACH your customers to want them.

That’s how brand names became brand names – and that’s how a true salesperson works.

It seems that the art of SELLING has been forgotten and replaced by the lesser art of TRYING TO MEET DEMAND or just jumping into the current trend or wave.

Don’t try to meet demands – try and educate clients and GENERATE NEW DEMANDS.

It used to be called – BREAKING A NEW MARKET.

Responding to demand is easy, everybody and anybody can, and are doing this – breaking a new market, and REALLY selling, is a very profitable skill.

In other words – Don’t follow fashions – SET THEM!

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Originally posted 2009-08-13 01:00:00. Republished by Blog Post Promoter

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Do You Have A Passion?

Friday, February 26th, 2010

What’s Your Passion?

Somebody recently emailed me via one of my social networks and asked me, “What’s your passion?

I suppose I’d never really considered it very much before, as I’m pretty passionate about everything I find myself involved in, from what kind of shoes I wear, to why I have a particular disrespect for people of certain cultural or political standpoints.

I had to stop and think for a minute, and then I composed the following answer, which I feel should make quite clear to people, exactly what kind of man I am.

Anyway, since I have this little section of my blog set aside for me and mine, I thought I’d include it for others to read, comment on, and consider for themselves, just what it is they’re passion might be.

So, here’s my response, then, to the question, “What’s your passion?” for all to see.

My passion is making sure that when I exit the world, I leave behind a chain of people who are not the same as they were when they first met me; who feel better having known me, and, moreover, whose minds I’ve changed from a state of sociological and political inertness, to a stance of active participation; whilst instilling into such, the invaluable understanding that ONE person CAN make a difference to the world, today and tomorrow, – ONE person at a time; and penultimately, that things don’t have to be the way they are now,  or the way they seem they may  or might be tomorrow, because we CAN change the future ONE person at a time.

To think any other way, to believe ONE can do nothing because ONE is JUST ONE person, is to enable the nastier section of humanity to win at their game.

And, finally, as a father, a husband, a brother, and a friend, I don’t want them to win.


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Originally posted 2009-08-13 02:00:01. Republished by Blog Post Promoter

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Safely Sourcing China Open New Business Directory

Wednesday, February 24th, 2010

Join The Safely Sourcing China Business Directory.

The Safely Sourcing China Business Directory

The Safely Sourcing China Business Directory

The Safely Sourcing China blog has opened a new service, and which is designed to assist those companies in the West wishing to trade with China, and those companies in China wishing to trade with the West, with a forum for coming together to assist and meet each others’ business needs and requirements.

Since membership is free, it costs you and your business nothing, except a minute of your time to complete the data input, to have your admission reviewed and included in the Safely Sourcing China Business Directory, providing you  and prospective clients with a link  back to your company website, email address, and telephone number .

The basic idea behind the Safely Sourcing China Business Directory is to bring entrepreneurs, and small, medium, and large businesses, with a specific interest in China Trade and Sourcing, a means of advertising themselves, and their services for free, in contrast to the many paid inclusion services available on the internet today.

Moreover, it also provides those companies who register in the Safely Sourcing China Business Directory the opportunity to generate a healthy, non-black-hat, back-link to their respective business or corporate websites, and which will assist them in raising their web presence, and consequently their Google page ranking.

The Safely Sourcing China Business Directory is not a free for all, and will be moderated; therefore, if you have the idea of spamming the directory with your inapplicable or non-relevant data and links, your IP will simply be blocked from further access to the blog, and your listing request deleted without ever being posted in the first instance.

That being said, we look forward to the many genuine Chinese and foreign companies wishing to post their details with us in the spirit of co-operation.

Links:

Registration Page.

Directory Page.

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Originally posted 2009-08-13 01:50:05. Republished by Blog Post Promoter

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Games Consoles, XBOX, iPhone Products From China

Wednesday, February 24th, 2010

China – Games Consoles And The Scam

More than a few people have discussed XBOX and Games Consoles, and I’ve often been asked about sourcing them.

I’d like to make specific mention of this issue briefly here.

The Parallel or Grey Importing of Goods.

Scammers Love You, Because You Love This!

Scammers Love You, Because You Love This!

I’ll talk about parallel or grey importing using computers as an example first, and then follow on to briefly discuss games consoles and Xboxes.

Brand name electrical goods and computers CAN be found here in China.

However, when you start trying to take them from China (or anywhere else) into other countries, then you fall into an area known as parallel or grey importing. Many companies are now really cracking down on this, particularly SONY for instance, in co-operation with the EU, there has a been a dramatic increase in seizures of goods at ports.

Scammers Love Your Money - And You Love To Give It To Them!

Scammers Love Your Money - And You Love To Give It To Them!

The parallel or grey market is the trade of something legal through unofficial, unauthorized, and usually unintended distribution channels.

For example: To export anything made by Dell™ in China, to the US, would be considered by Dell™ US to be poaching on their territory.

Sometimes the practice of parallel or grey importing is illegal, but not always so.

Many of the parties concerned with the parallel or grey importing of a good are usually the authorized agents or importers, or other retailers of an item in the target market. More often than not this is the national subsidiary of the manufacturer, or one of its related companies. In response to the ensuing damage to both their profits and their reputation, many manufacturers, and their official distribution chains will very often seek to restrict the parallel or grey market.

Such responses can breach competition law, particularly within the European Union.

Competition law, in the United States is known as antitrust law.

Refusal to Honour Warranties

Manufacturers have the right to refuse to honour the warranty of an item purchased from parallel or grey market sources, on the grounds that the higher price you should have paid on the non-grey market reflects a higher level of expected service.

To The Scammer, 'You' Are The 'Apple' of Their Eyes!

To The Scammer, 'You' Are The 'Apple' of Their Eyes!

Additionally, companies may provide the warranty service only from the manufacturer’s subsidiary only from within the intended country of import, and not in the diverted third country to where the parallel or grey goods are ultimately sold by the unauthorised distributor or retailer.

Are you prepared to make money at any cost?

Are you the kind of person who’d sell grey or parallel goods to someone, irrespective of the effective lack of any genuine warranty on those goods?

Do you not care about the end user, your client, and your own reputation?

Because, if your answer is ‘yes‘ to the first two questions, and ‘no‘ to the third one, then I really don’t see much difference between you and the scammers.

In my opinion, if you’re buying grey or parallel, then you’re obviously a bit shady yourself.

The response by scammers to the grey market is particularly evident in the electronic goods market, where I hear people crying loudly at having been ripped and burned regularly!

Have You Got Money To Burn?

Have You Got Money To Burn?

Yes, it seems to be the people endeavouring to buy games and game consoles, along with iPhones etc., who are the one’s who get burned most frequently by the scammers.

Just by virtue of wanting these goods grey or parallel, you put yourself at the scammers table, and if you’re unlucky (which you most probably will be) you’ll find yourself on a scammers dinner plate too.

If that’s you, or you’re thinking about entering this line of business, then I suggest you find another product line to trade in, one that you can get direct from a good OEM/ODM in China.

Remember, the scammers love those who love to buy grey!

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Originally posted 2009-08-13 05:31:50. Republished by Blog Post Promoter

Popularity: 24%

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Quick Checklist – How To Spot A Scam

Wednesday, February 24th, 2010

Quick Checklist For How To Spot A Chinese Scam Site.

The following six red rags are simply a list of indicators, which in isolated terms, may or may not mean anything; however, when found all together, should ring some alarm bells. As with anything in business or life, the whole is greater than the sum of its’ parts.

1. The Site.

The website has an absence of any Chinese version for its’ own pages.

This means they’re targeting only one group of prospects – foreigners.

That is to say, people who will not stand a hope in hell’s chance of chasing them up after the bolt is shot.

In my experience, companies in China that have Chinese and English versions of their pages are usually genuine, as they’re making themselves accessible to the home market too; particularly for companies dealing in electronics, phones, and computers.

An absence of such, may, but not always, indicate a potential scam site.

O.K. our website only has English, but we deal with requests from foreigners, and we seek-out suppliers. Suppliers seldom seek us out; although, we occasionally have a Chinese company approach us with an offer and  an introduction.

2. Contact Information.

All the email addresses are ‘Hotmail‘ or ‘Yahoo‘; there is a distinct absence of a company email address.

This in and of itself doesn’t carry too much weight, as many genuine Chinese companies operate with private email addresses.

However, it is a common enough marker amongst the scammers.

You can also try running a quick check on the company’s name and address, via the online English language page of the Yellow Pages for China, found at: www.yp.net.cn/english/.

If they have no listing, then there’s a good chance they aren’t a genuine company; either that, or they’re a SOHO (Small Office Home Office), and use their home as an office, as they usually never come face-to-face with clients, and have no need of an office as such.

However, this wouldn’t usually be the case for a technology company, as they’d normally have to have an official office, and storage facilities out of mere necessity.

3. Company Registration Number.

Of course, as a legally registered business entity, they’d need to have a business registration number.

When once you have that number, you can go to the following Ministry of Commerce (MOFCOM) page, for contact details of the Local Administrations office, and try to get the data for the government business registration office in the city, and the province where they claim to be registered. You can then email, fax, or phone requesting to know if this number matches a genuine business.

MOFCOM Local Administration Contact Page: http://english.mofcom.gov.cn/aarticle/topic/chinainvest/localguide/200702/20070204378447.html.

Sadly however, the Ministry’s own website is very poorly put together, as you yourself will note upon visiting it, and a search for the contact data for the appropriate office may not actually work; neither does the page display correctly. I have informed the Ministry of this fault, as have others, but to no avail.

This is something I’m in the process of changing by putting together my own listing, and which I shall make available to registered users of Safely Sourcing China, and collated on a provincial, and city level.

The inaction of the Ministry to properly display this data, and its’ accompanying suspicion which is cast upon the Ministry itself, seems to have escaped them.

4. Unbeatable Offer.

This one is a complete no-brainer; if the price seems to good to be true – then it’s a scam.

5. Payment.

Ask if the company will accept an L/C (Letter of Credit); if they only take Western Union, PayPal, and the likes, then they’re more than likely a scammer.

6. IP Check.

Run an IP address check on the company and see how many other web addresses they have registered to them.

Personally I’ve come across guys with upwards of 2 or 3 hundred websites connected to them as the registrant.

Go here and type the web address, MINUS the WWW bit, into the box: whois.domaintools.com/.

This last one is a definite NO-NO. If you see they’re registered to a cartload of websites, just turn your back, shake the dust from your sandals, and leave.

And that’s about it for your basic checks; more to come in the future.

Trade Safely!

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Originally posted 2009-08-13 01:20:19. Republished by Blog Post Promoter

Popularity: 25%

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YCTP Agency For THTF

Tuesday, February 23rd, 2010

TsingHua TongFang (THTF)
Name Beijing Based Your China Trading Partner As Their New Agent for Europe, North America, and Africa.

TsingHuaTongfang

TsingHuaTongfang

TsingHua TongFang (THTF) is presently ranked in the top 10 leading manufactures in the world, in the first 6 in the Asia-Pacific Region, and number 2 in the Chinese domestic market (IDC figures), and which also owns the largest and most advanced PC production factory in the world with a total area of 50,000 square meters and a production capacity of 5 million units per annum, has named Mr. Ken Stone, of yourchinatradingpartner.com (YCTP) in Beijing, as their new European, North American, and African sales and marketing agent as of the 30th of April 2009.

This multi-billion dollar Chinese brand currently holds the number 2 position in the CE, PC, OEM, and ODM China markets, and as such is a world leader in the production of computers and associated technologies.

Mr. Li Zhi Cheng

Mr. Lu ZhiCheng, President Of TsingHua TongFang Co. Ltd.

THTF, a state-owned enterprise or SOE, and which is partnered with TsingHua University in Beijing, which holds the largest equity stake in the group. As the commercial arm of TsingHua University, THTF’s main goal is to build industry chains within the information and environmental energy industries, and which include the production and servicing of products as diverse as PCs, laptops, notebooks, netbooks, mobile telephones, LED chips, security systems, and digital TVs.

Currently the THTF English language website is still under construction however, any queries or information requests regarding any THTF computer related products may be directed to Mr. Ken Stone via the Your China Trading Partner website on yourchinatradingpartner.com.

YCTP are a Beijing-based Sino-Anglo family-owned product sourcing and due diligence performance company; predominantly servicing small to medium sized foreign enterprises and businesses seeking to source products, to have a representative presence in China, or to protect their investments or purchases against cyber-crime or cyber-fraud through their due diligence services.


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Originally posted 2009-08-13 01:30:09. Republished by Blog Post Promoter

Popularity: 7%

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