China Trade | The Safely Sourcing China Blog

Posts Tagged ‘china trade’

Safely Sourcing China Open New Business Directory

Thursday, September 2nd, 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

Popularity: 8%

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China’s Money Mules – And Why You’ve Lost It For Good

Wednesday, September 1st, 2010

China Scam – Money Mules – And Why You Will Never See Your Money Again.

I’d like to point out to you, in very clear and marked terms, just why it is you will never see your money again, should you happen to lose to a scam in China; particularly those of you who lose money to companies whilst trying to buy iPhones, Nintendo, etc. Last week, I wrote about Mr. Stefano Carboni’s apparent involvement in the money mule scam; that is, getting other people to transfer funds through their personal bank accounts, as a means of laundering it to a final destination. Then only this week, I discover, through certain of my contacts here in China, the reason you won’t ever see your money again is based on similar grounds. Here is how it works: There are approximately 300 million agricultural workers in China, and approximately 40 million migrant workers travelling from city to city in attempts to find some kind of living. So, no shortage of potential mules! A quick review of salaries in China may provide you with a glimpse at the motivation behind the actions I’m about to describe.

A Chinese Farmer

A Chinese Farmer

In 2007 the average farmer in China earned around 4,140 RMB (Yuan) or approximately $605 USD per annum; the average salary for a construction worker in China is approximately 1, 064 RMB (Yuan) or $122 USD per month; whilst the average factory worker is earning around 1,100 RMB (Yuan) or $ 160 USD per month. As can be seen, by the above figures, the 300 million farmers in the agricultural sector earn less than 30% of what construction and factory workers can earn in a year. This fact is widely known in China, and it is to this sector of the community that the scammers go with their offer. So, what is their offer? It’s very simple, actually. They say to the peasant farmer, something along the lines of, “Look we have all these foreign clients, but we don’t want to pay tax and stuff, and so we need an alternative account for the funds to be transferred to, as a means of avoiding the tax. You open a bank account for us using your ID, our foreign clients transfer funds to it, and then move the funds on to another account, the details of which we’ll give you (usually Taiwan); and we’ll pay you a nice fat commission, and you and your family will be much better off. Your child will be able to go to a better school, and then on to university, and the whole future of your family will be changed for the better – forever.” Of course, from Taiwan, the money is then transferred to other destinations. So, the peasant, knowing a good thing when he or she sees or hears one; and who is always willing to make extra money for the family, says, HaoDe!orHaoLe! (Good! or Fine with me!). I mean, why wouldn’t they? People in the West do exactly this when they get involved in fake cheque scams, and act as money mules for a variety of mafias. In actuality, the Chinese peasant farmer, quite probably has a better excuse than the greedy money-grabbing buggers in the West, who regularly sign up for this kind of business, as their lifestyles are a millennia apart, and is clearly documented and attested by many more than myself. So, personally speaking, I can’t really blame them; you make your own decision on that. Anyway, of course, eventually the whole thing gets tumbled, and the account closes, and the scammers recruit another peasant farmer, and start the whole operation again, with barely a blip in their action. The previous peasant farmer account holder is questioned by the police, and the police learn nothing, as the peasant farmer was him or herself duped anyway, and has absolutely no idea of the true identities of the people they’ve been dealing with. And, naturally, a physical description isn’t going to help much. I understand that to many foreigners, everyone may look the same here, but, that isn’t true, of course. People here do have very distinct personal physical attributes. However, without wishing to sound racist, and by sticking to reality, whether it pleases us to do so or not, the general physical characteristics are certainly much of a muchness; in as much as hair, skin, and eye colour, or whether he or she looked like an East European, had a certain Latino appearance, or shocking red hair and green eyes. I mean, can you imagine the interrogation of the peasant? Policeman 1: So, what did this man look like? Peasant: Well, he was maybe 30 years old, about 5 feet 6 inches, had short black hair, yellow skin, slanted dark brown eyes, and a wide or flat nose. Policeman 1: O.K., So we can rule out all the women and men under 30 years of age in the country. That just leaves the rest of the population. Hold on! What Kind of accent did he have? Peasant: He sounded like he came from Henan Province to me. Policeman 1: Ah ha! From Henan you say. Well, that’s a lucky break for us, as there are only 100 million people in Henan. So, if we discount all the women, that brings us to about 70 million males. O.K. that’s god, that’s good… Then we discount those under 30 years of age. and those above 40 years of age… Let me see… Yes…, that leaves us with only… Great Scott! Only 21,000,000 men to search through; By George! We’re on to them now. You can tell Mr. Stupid Bugger in England, that we’ll soon have his $300 dollars back for him. Policeman 2: But, Sir. What if the perpetrator doesn’t live in Henan anymore, and is living… well… …somewhere else in China? Policeman 1: Damn it, Caruthers, you’re right! Stop that telegram to Mr. Stupid bugger in England. Now, (He paces the room thoughtfully, clenched fist, arms folded and thumb to top teeth, looking into nothingness on the floor before him) Mmmm… yes… Yes, this really puts the cat amongst the pigeons. I think this may take a little longer than I at first thought. And that’s it basically.

A Submarine In Your Bathtub

A Submarine In Your Bathtub

That’s why, if you lose your money here, the chances of you  ever seeing it again, are about the same as you taking a bath, and a nuclear submarine surfacing in it, raking you with machine-gun fire, stealing your rubber duck, submerging, and then going back to base for debriefing, a plate of hot and crispy cod and chips (fries) with brown sauce, washed down with a warm cup of  hot cocoa, and all before bed-time. Now, if you’re sensible, then you’ll go back to the OLD FASHIONED WAY of doing things, and hire an agent, like me, to protect your interests, and to ensure that you don’t find yourself taking a bath with a submarine. The choice is yours. You’ve been warned. Again! Safe Trading!

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Originally posted 2009-08-13 04:05:42. Republished by Blog Post Promoter

Popularity: 13%

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More Anti-Scam Tips

Tuesday, August 31st, 2010

Further Tips On Dealing With China.

Here are a few extra notes on safely sourcing products in China, from the Safely Sourcing China blog. Learn what you can from your prospective ‘supplier’s’ website, or lack thereof.

Web Presence.

Firstly, if they don’t have their own website, drop them like a hot rock. That includes those “companies” in possession of the rubbish little “pages” on Alibaba, etc. No Domain – No Hope! Although, personally I do know of companies in China who are real, but their marketing sucks so badly they haven’t managed to organise a web presence. But, I’m a graduate of the ‘better-safe-than-sorry’ school, when it comes to this particular aspect of doing business in China. If your prospective “supplier” owns a website, then check that the area code, given in the contact section, matches the postcode, or town or city name, given in the address. You can check postcodes here. If they don’t match, drop them like a hot rock. The following mobile telephone prefixes will allow you to determine which mobile telephone network is being used by your “supplier”, in case you need to connect with the service provider, to check if the number is still working, when calls fail to be answered  by the person you’ve gone sent your money to, whilst failing to perform any of the checks given here. The service provider name follows the prefix number. 130/1/2 . - China Unicom, 133 . – China Telecom , 1340 -1348 China Mobile, 1349. – ChinaSat, 135/6/7/8/9. - China Mobile, 150. – China Mobile, 151. – China Mobile, 152. - China Mobile, 153. -China Telecom, 155. – China Unicom, 156. – China Unicom, 157. – China Mobile, 158. -China Mobile, 159. – China Mobile, 185. - China Unicom, 186. – China Unicom, 188. – China Mobile, 189. – China Telecom. You can visit this very nice page on WikiPedia for a more complete listing of area codes by major municipality and province. If they don’t have an address on their contact page, forget them. After all, if they aren’t willing to disclose their address, then you must ask yourself a one word question – “Why?

”.

On The Subject Of Addresses.

My business is registered in a residential property, as we are a Small Office Home Office (SOHO), as we neither manufacture, store, stock, and we very rarely have business visitors; due to the fact we supply nothing more than ‘information’, we go out to visit Chinese companies, and our foreign clients are just that – foreign, and live abroad, and so we needn’t waste money on having an actual office. My computer is my office. However, someone claiming to manufacture, stock, or supply must have an office, for the same reasons I don’t need one. An office will normally be in a building with a name, for example: Room 602, Floor 5, Great Dragon Bldg., Haidian District, Beijing. Whilst a SOHO, like us, will run as above, but minus the building name, and is indicative of a residential area.

About Us.

If they haven’t included and about us page in their website, or it is very sparse, then drop them. Obviously, if they have little to say about themselves, there’s a reason.

Google Them.

The next thing to do is Google their company name + scam, and also their company URL + scam. That alone should give enough of a heads-up on who you’re dealing with.

Mono-Lingual Websites.

Finally, as mentioned in my previous article Quick Checklist For How To Spot A Chinese Scam Site, if the website is devoid of Chinese, and only has an English language page, the chances are they’re scammers. Well, that’s it for today. Trade Safely!

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Originally posted 2009-08-13 02:44:16. Republished by Blog Post Promoter

Popularity: 18%

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China Sourcing Concerns

Saturday, August 28th, 2010

Some Concerns About Sourcing From China.

The following are a list of some of the more common questions people seem to have regarding trading with China. I have sought to answer them as directly and frankly as I can.

Why am I worried about sourcing from or manufacturing in China?

Firstly, if you aren’t concerned, you might as well open your window, set fire to your money, and start shoveling it out of the window into the street. There is risk in anything we do in the world of business, and to think otherwise is to fool oneself into a false sense of security. Moreover, to believe that one can safely self-source from China is equally as absurd and dangerous. Your concerns are valid, as they would be even if you were sourcing from Israel, Portugal, or any other country; and trading or dealing with China is no different. China has its’ own set of cultural and business subtleties and values, to which you as a foreigner or someone unaccustomed to dealing with China, may be totally oblivious to; but to someone such as myself, having lived here for 8 years, are not lost to me. And it is precisely for these reasons that you need someone here you can trust, who is culturally familiar with those nuances of business and social culture, and who can operate in and on your behalf.

What about quality? Isn’t China famous for producing poor quality goods?

That may well have been true at one time. However, you need to ask your self whether you’re happy with the quality of your iPhone? Because Apple have been producing in China for a number of years, along with a plethora of other famous High Street brands. Of course, that isn’t to say that quality doesn’t or can’t suffer. It does, as with anywhere else in the world. However, if you ensure that random quality checking is employed before the goods leave port, then one can drastically mitigate this risk. Furthermore, when once you develop a successful long-term relationship with a manufacturer, they will understand the benefits of not cutting their own throats. To my mind, one of the reasons China has gained its’ reputation for poor quality, is also in part due to a failure of buyers to perform the necessary due diligence and oversight that they should. However, allow me to reiterate a point I’ve just made: Sound partners, and a representative presence in Mainland China, able to perform your due diligence, and maintain an oversight of quality, plus developing your long-term relationship with the producer, will go a long way towards drastically mitigating the issue of poor quality to a level acceptable in the West.

So, how many people will have their fingers in my, production and purchasing, pie in China?

Well, the people, or groups involved could be as few as one, if your goods are coming from one of the larger companies, such as TsingHua TongFang, whom I represent as Agent to Africa, Europe, and North America; or they could be several, for one of the smaller companies. Of course, the amount of fingers in the pie will play a very definite role in the cost of your goods, and sometimes even the quality. However, the role of ‘GuanXi’, or what we would term ‘relationships’, plays a significant role in Chinese society at all levels, and particularly in business; as it has done for several thousand years, and the power of which shouldn’t be ignored or underestimated, and which is an unavoidable necessity and phenomena. This is a deeply ingrained and necessary interpersonal skill, and which is tightly bound and woven into the fabric of the Chinese psyche. I’m sure that should you check your own embassy websites in China you will come across the term ‘GuanXi’ several times. No ‘GuanXi’, no help! It is precisely for this reason, that should you intend doing business in, or with, China, you need a mediator to act as a conduit to facilitate smooth and safe trading. Your conduit can form relationships on your behalf, that you are unable to form due to geographical distance, language, and cultural distance. You scratch my back, and I’ll scratch yours; is precisely how it works in China.

What if my goods aren’t delivered on time or the quality isn’t what I requested?

Well, in that case we incorporate into the contract CIETAC’s model arbitration clause. NOTE: CIETAC (China International Economic and Trade Arbitration Commission (A government department and Part of MOFCOM - The Chinese Ministry of Commerce). Here’s the clause: “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.” The same clause can be used for the safety of your financial transaction, in addition to opening a Letter of Credit (L/C) rather than a Telegraphic Transfer (TT) of funds. Of course your letter of credit can dictate additional terms before funds are released; these terms can be specifically directed at shipping windows and parameters, levels of acceptable quality, processing of any and all necessary certificates and forms, proper and correct carton and packaging markings, and any necessary Electronic Data Interchange (EDI) Standards compliance. Consequent to which, should the terms not be met as defined in the terms of the contract and in the letter of credit, then it will be up to you to decide or determine whether the funds be made available to the seller. So, that’s it for today. Safe Trading!

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Originally posted 2009-08-13 01:10:36. Republished by Blog Post Promoter

Popularity: 7%

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Fighting Cyber-Crime

Saturday, August 28th, 2010

YCTP – Fighting Cyber-Crime And Online-Fraud In China

Due to the increase in claims by small, medium, and even some quite large foreign firms, complaining of having been the victims of cyber-crime or cyber-fraud, Your China Trading PartnerBeijing (YCTP) have decided to open a new area of service for foreign clients, as a means of minimising or eliminating such risk.

YCTP Fighting Fraud

YCTP Fighting Fraud

YCTP is a small product sourcing company based in Beijing, China, and predominantly servicing small to medium sized foreign enterprises seeking to source products, or to have a representative presence in China.

As far back as November, 2006, the 17th Asia-Pacific Economic Co-operation Forum, held in Busan, South Korea, China endorsed the APEC Privacy Framework along with representatives of the other 20 member countries and territories, as a means of combating threats in the form of a then growing gang of highly-organized cyber-criminals.

Since then the government of the Peoples’ Republic of China has taken proactive steps in a targeted and co-ordinated approach, by bringing together a group of the World’s most practiced IT experts to devise and discover ways and means of mitigating cyber-crime. Yet still this form of crime is still prevalent on the mainland today.

In 2009 the Internet Crime Complaint Centre released its latest annual report on victims’ complaints received and referred to law enforcement departments in the US.

YCTP Fighting Cyber-Fraud

YCTP Fighting Cyber-Fraud

Between January 1st, 2008 and December 31st, 2008, the IC3 website was in receipt of 275,284 complaint submissions. This being a 33.1% increase on those of 2007 when only 206,884 complaints were received. The greater part of these submissions was composed of complaints primarily related to fraudulent activities perpetrated via the Internet.

Non-delivery of merchandise was the most predominantly reported offence, and which comprised a total of 32.9% of the total referred complaints.

To meet the necessity for security in trade, and its’ accompanying growth in demand from foreign businesses, YCTP have now incorporated a new background checking and referencing function into their business, as a means of assisting foreign buyers, private or B2B, in protecting their investments, or purchases, against cyber-fraud; this being achieved through on-the-spot face-to-face due diligence services.

Queries or information requests may be directed to Mr. Ken Stone via the YCTP company website on: www.yourchinatradingpartner.com

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Originally posted 2009-08-13 01:15:42. Republished by Blog Post Promoter

Popularity: 10%

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New Forum For China Trading News And Advice

Friday, August 27th, 2010

Your China Trading Partner (Beijing) Open New Forum For News, Advice, And Reviews Relating To Safe Trading With China.

Your China Trading Partner, Beijing, have recently added a new open forum to their website on www.yourchinatradingpartner.com, offering a wide variety of interactive news, advice, and views on how to go about  trading safely with China, whilst offering the public a place to air their own views on China trading.

Your China Trading Partner Forum For News, Advice, and Views on How to Trade Safely with China.

Your China Trading Partner Forum For News, Advice, and Views on How to Trade Safely with China.

There are a growing number of people complaining of having lost money in their China trade dealings; but Your China Trading Partner are offering this free service in an attempt to counter and minimise risk for entrepreneurs, small and medium businesses, by giving them the chance to air their views, opinions, and experiences, whilst at the same time reading enlightening articles on the subject of trade with China, written by the owner Mr. Ken Stone, who has now been a working resident of China since 2001.

Membership is free and you can choose to be emailed and kept up-to-date with forum segments which you find of specific interest.

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Originally posted 2009-08-13 03:25:12. Republished by Blog Post Promoter

Popularity: 31%

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Fantastic Steel-Framed Pre-Fabricated Modular Homes

Thursday, August 26th, 2010

Kiss Your Home’s Negative Equity Goodbye, And Make Way For Profits In The Sustainable Housing Development Industry.

The average price of a house in England and Wales stood at £178,364 as of July 2009, demonstrating a monthly drop of 0.6 per cent on June’s figures, and a comparative drop of 2 per cent on June 2007 figures. The region of the UK with the most significant annual price decrease was that of the East Midlands, and which experienced a drop of 5.1 per cent; while Wales suffered the overall largest monthly drop at 2.5 per cent. The West Midlands significantly fell too, down 1.2 per cent on the previous month’s figures. Presently, a detached house in England and Wales now costs on average £269,117, while a semi-detached home costs around £167,747, and the average price of terraced homes now stands at £139,964. You ask, “So, what has this got to do with international trade, and more specifically trade with China, and product sourcing? Well, a lot actually. What are homeowners suffering under? Their property has lost value, and their mortgages have remained the same or risen, and now they’re faced with so much negative equity on their homes that their money paid on mortgages is just disappearing into a big black hole. You ask again, “So, what has this got to do with international trade, and more specifically trade with China, and product sourcing? Well, it just so happens that I have a nice line on a company who produces modular prefabricated, steel-framed, earthquake-safe, eco-friendly homes in the form of large houses, villas, and bungalow villas, which have a built-time of approximately one month. They are superbly designed, look great, will blend in with your local older or modern housing, and cost very little. For construction companies, local and national governments, they’re a massive boon too, as it means that you can erect whole new estates of steel-framed, earthquake-safe, eco-friendly homes in the shortest possible time, and with low costs, but with high return on investment (ROI). Of course the other advantages for private individuals and entrepreneurs are that if you buy your own modular prefabricated, steel-framed, earthquake-safe, eco-friendly home, then immediately sell it on you should easily double or treble your investment at the minimum; and should you choose to hold on to it, and wait for the markets to recover somewhat, you stand a more than a excellent chance of making even more money out of your initial investment. These homes are really very good looking, and will easily attract buyers. Please take a look at the following photographs, before going on to pricing and other details.

Modular Prefabricated Home

Modular Prefabricated Southern Eurostyle Home

Modular Prefabricated Villa

Modular Prefabricated Plantation Style Villa

Modular Prefabricated Villa

Modular Prefabricated Villa

Modular Prefabricated Home

Modular Prefabricated Stone Gabled Home

Modular Prefabricated Villa

Modular Prefabricated Hacienda Style Villa

Modular prefabricated Home

Modular Prefabricated Porch and Lath Style Home

Modular Prefabricated Country Residence

Modular Prefabricated Victorian Stone Vicarage Style

Modular Prefabricated Home

Modular Prefabricated Gabled Home

Modular Prefabricated Home

Modular Prefabricated Stepped Home

Modular Prefabricated Georgian Style

Modular Prefabricated Georgian Style

Modular Prefabricated Tudor Style

Modular Prefabricated Tudor Style

Villa or Palace? Modern or Old?

Villa or Palace? Modern or Old?

The above shown mini-gallery represents a mere fraction of the exasperatingly wide diversity of the range available from this company. Indeed, there are even prefabricated multi-storey apartment blocks with built-in car parking facilities available.

Multi-Storey Apartment Block With Parking

Multi-Storey Apartment Block With Parking

The same company also produces Porta-Cabin structures, and for which the pricing has also been included below.

Pricing and Other Details:

1. The average cost of a Villa/Bungalow Villa is $170 up to $337 per SQM without AC or Furnishings. 2. The average cost of a porta-cabin is $80 – $120 per SQM without AC and or furnishings. 3. The average cost of a two floor porta-cabin $85 – $125 per SQM without Air Conditioning or furnishings. 4. The discount percentage price for multiple orders to be discussed on an individual basis. 5. The average construction time for a Villa is about one (1) month. 6. For an 80 SQM porta-cabin, erection time is about one week. 7. We will send 1-2 engineers to teach your workers how to build the house, the cost of which is paid by the buyer at a rate of $20 per man, per day. 8. Sinks, toilets, baths, and showers are included. 9. Our lead time for a 300 -400 SQM villa is about 20 days. 10. Our lead time for a 1000 SQM cabin is about 2 weeks. 11. We can arrange shipping of the modules. 12. Example freight costs for a 300 SQM villa is about $7,050 from China to Southampton UK. 13. Example freight costs for a 1000 SQM porta-cabin is $11,750 from China to Southampton UK. 14. The cost of Central Air Conditioning is approximately $10,000, whilst Individual Air Conditioning Units around $500 to $1000 depending upon size. The above information is for reference purposes only, as these modular homes can be detailed, expanded, and contracted to meet your own design purposes, as well as your personal utility needs. If you have any questions, please feel free to contact us. All prices listed here are USD. Safe Trading! Contact Me For Further Details Email Your China Trading Partner For Further Details

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Originally posted 2009-09-13 19:15:08. Republished by Blog Post Promoter

Popularity: 100%

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Something You Need To Know About Us

Sunday, August 22nd, 2010

Something You Need To Know About

Your China Trading Partner.

Your China Trading Partner

Your China Trading Partner

The increased influx of emails we’ve received, from people who’ve been burnt in their China dealings, has prompted me to write the following. Here are some things you need to know about us before you contact us.

Who are we?

We are product sourcing agents, and are focused in sourcing whatever products you need, and covering a very wide scope. We have close associations with a number of Chinese companies whom we trust, and are constantly developing new relationships with new suppliers. Whatever it is that you want, we can find it, as long as it’s being produced in China. Although, we are somewhat different to other sourcing agents, because we also assist in debt recovery, and also take an active role in warning the purchasing public, of the potential dangers of self-sourcing products from such a distance; whilst at the same time, providing the purchasing public with guidelines aimed at helping them avoid the potential pitfalls of dealing with China – such as being scammed, and losing their money.

Why Should You Deal With Us?

  • Because, we are principled business people who believe in putting people before profit.
  • Because, we are the good guys who think of others before ourselves.
  • Because, we demonstrate this by having a starting commission rate of only 5%, and falling according to size of order.
  • Because, we don’t charge any commission from the Chinese side, as other agents do, and so increase YOUR costs; our aim is to try to get you the best price we can.
  • Because, of the two previous points, you have already saved a minimum of 50%, and a maximum of 150% on agency commission costs, when compared to what other agents would charge you. We prefer turnover, and customer satisfaction, by making you and the Chinese supplier happy on cost.
  • Because, we believe in business fairness, balance, and harmony in all our transactions.
  • Because business doesn’t always have to be shady and knife-in-the-back.
  • Because, we, having a far better handle on the language, can source a wider range than simply logging into Alibaba, or some such website.
  • Because, we understand business culture here, and can spot a scammer before we even go face-to-face.
  • Because, if you don’t use us, you’ll more than likely get burnt.
  • Because, if you do get yourself burnt, it better be for a large amount, because if you come to us after the event, and you’ve only lost a couple of hundred, or a couple of thousand, we just won’t be able to help you.
  • Because, we get a mountain of mail from people having lost less than $10,000 USD, on a daily basis, and we know, what you DON’T know, and that is this – you’re never going to see your money again.
  • Because, if you got burnt for an iPhone and a couple of Dell computers, we aren’t able to help you; our sympathy you have, our help, you do not.
  • Because, if your case is for more than $10,000 USD, the chances are you probably did some research and due diligence, and the company stands a chance of being ‘real’, and they’re simply chancing it with you; and that means we stand a chance of getting your money back.
  • Because, our recovery service fee, is the same as our sourcing fee – 5% of the order value.

What Are The Benefits Of Sourcing From China?

Well, generally speaking you should find that you can reduce your average costs of manufacturing by up to 30%, and even as high as 60% on European and North American manufacturers. For example: Scares aside, due to failure to quality check goods at port before leaving customs, pharmaceuticals can be produced, and synthesised in China at greatly reduced costs. In certain cases costing only 1 tenth of what the same product would cost to produce in Europe or the US. Now that’s a saving! These types of savings are par for the course for a wide range of , but not all, products in China. Well, with so many companies making money from this – Why Aren’t You?

What Quantity Are We Talking?

Well, most genuine suppliers have a Minimum Order Quantity (MOQ), which can vary, depending on product, from 3 to 3,000 pieces.

So, How Can You Avail Yourself Of Our Unique Situation?

Your problem is one of trust. You have nobody here on whom you can rely. Quite simply, you need to have a third party here in China you can trust, and to ensure that you get the goods you want, shipped to your market of choice, when you want, and at a the price you want. But China is so far away, and you don’t know the culture, the people, or the language. But you do know, that all of the aforementioned can cause you problems.

How can you resolve these issues without going to China?

Easy, develop a relationship with somebody you can trust, and allow them to handle things for you.

Connect With The Right People – Not With The Wrong People.

Allow us to be your prime contact in China. I’m a British expatriate, married to a Chinese citizen, and have been living and working here for 8 years. Quite simply, my China qualifications are way superior to yours. Take advantage of me – before someone takes advantage of YOU!

Here’s My Hand, And My Offer.

Accurately specify what it is you want, and we’ll find a source for you. We don’t charge a fee for inquiries, and you should immediately, or within a few days, be presented with a series of offers, from which you can choose what appeals best to you. If the source is new to us, and you can guarantee you want to take that offer, then we’ll go down and verify the source first, before you make the payment, at no extra cost to you, as we consider a new source to be a new RESOURCE for us. Give us the stress you just don’t need – and don’t feed the greed! Safe Trading!

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Originally posted 2009-09-13 18:58:21. Republished by Blog Post Promoter

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The China CEO Gift-Giving Scam

Saturday, August 14th, 2010

Municipality of Tianjin
Image of Tianjin via Wikipedia

I was recently contacted by Eric Vermaas, the CEO of PT Team Wood (www.teamwood.org), a Dutch-Indonesian timber and furniture partnership based in Jakarta, to run a background check on an Import Export company based in Tianjin, China, and which had just placed an order for $915,000 USD in speciality wood furnishings. Fortunately, for Eric I just happened to be in Tianjin at the time, as I was visiting family for the Mid-Autumn Festival, one of the two main traditional festivals along with Chinese New Year, and therefore checking them out was a fairly simple process for me. The Chinese company details are as follows: Tianjin Tanbo Import & Export Trade Co., Ltd., Address: 43 Nanjing Road, Heping District, 300350, Tianjin, China Web: www.sjzdingsheng.com.cn Tel: + 86 228 143 92 09 Fax: + 86 400 67 61 100 ext 1010 Email: heiyexingguang8@126.com, tanbo_2003@yeah.net Trade Manager: Chen Jinliang I quickly discovered that telephone number is not a land line, and is actually a mobile number known as a xiao ling tong, and which looks like a land-line number, can’t be easily traced, and is very cheap to buy. The fax number isn’t in Tianjin and seems to be out of town, and is perhaps a fax service somewhere, hence the extension number; quite probably a big room in a cheap building with a number of fax machines in it – linked to a PBX if the extension number is anything to go by. I visited the address provided on the website and discovered that it doesn’t actually exist. Basically the numbers on that street jump from number 35 to number 57 Nanjing Road, with nothing but an abandoned construction site between these two numbers, and therefore no sign of number 43. Of course, all of this seemed somewhat suspicious at best, particularly more so since I further determined that they allegedly scammed a businessperson from Europe out of 8,000 Euros on or about the 22nd or 23rd of September 2009 (you can find the details here), and have also placed large orders with several other companies, in one case up to $600,000 USD in value, and all since the 31st August 2009. I further discovered that Tianjin Tanbo Import & Export Trade Co., Ltd., also operate under the name of Hebei Dingsheng Import & Export Company, and have the same non-existent address. In consequence to all of the above I strongly advised PT Team Wood to have nothing whatsoever to do with this “company“. Tianjin Tanbo also failed to respond to my repeated phone calls or emails. Particularly when once they realised they had Chinese speakers, currently resident in China, on their tails. The only call we had, and which I instigated, was brief, and led to their prevarication and a lot of stuttering, particularly when I asked for their address, and they said it was the same as the website – to which I responded that I’d been to visit the location, and it didn’t exist. Whereupon they responded that they’d just recently moved. How convenient and how odd they’d forgotten to mention this when first asked, or even to update their website. Finally, I asked them to have a senior executive call me back, and have had no response in the three days since that call – and neither do I expect one.

The CEO Gift Scam Works in the Following Manner:

1. The scammer places a large order with you. 2. They then invite you to China to finalise the contract. 3. When you arrive, they will tell you that in traditional Chinese business culture you should buy the CEO a gift commensurate with his position. This in the case of the last person I found scammed by them was for gold bars worth 8,000 Euros. 4. After you have signed the contract and returned home, they then contact you again and tell you the contracts must be translated and stamped and sealed by a notary, and that the fee for this is 1,350 Euros or something of the type. 5. If you pay that then the next step would be for them to cease contact with you, as they are in no way interested in a purchase.

Gift-Giving In China

Gift-giving in China is common in business, but a bottle of wine or a treat from your own country is usually more than acceptable, and I know of no CEO who would expect me to buy them anything expensive. Moreover, since you are a foreigner you’re usually expected to be ignorant of gift-giving in China, and so are exempt from this. Most gifts between Chinese businessmen are cigarettes, Chinese white spirits (baijiu – a strong clear alcohol), or a good tea; certainly never in the form of gold bars, unless you have plans on bribing your way into a contract. In conclusion, and as a rule of thumb, you should never feel obliged to buy anybody any kind of gift in China during the pursuance of your business interactions. However, out of politeness, a small gift of not-too-great an expense from your own country or culture will be gratefully received and appreciated. Safe Trading!

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Originally posted 2009-10-07 22:50:26. Republished by Blog Post Promoter

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