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Games Consoles, XBOX, iPhone Products From China

Wednesday, September 1st, 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: 18%

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Posted in Scams And Scammers | No Comments »

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!” or “HaoLe!” (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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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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Legal Process Outsourcing (LPO) – Beijing, China

Monday, August 16th, 2010

Legal Process Outsourcing

Legal Process Outsourcing

Legal Process Outsourcing (LPO) refers specifically to the current trend of law firms or corporations in obtaining their legal advice and support services from an external law firm or company. When this occurs in conjunction with an outsourced entity based in a country other than that of the company seeking to outsource, the practice is known as Offshoring. Legal Outsourcing, or Offshoring, has gained remarkable credence during the past several years, both in the United States and the UK. The majority of Legal Outsourcing companies are presently located in India and the Philippines, and which have achieved high levels of success in providing such services as document review, legal background research and writing, drafting of pleas and briefs, and also in patent services outsourcing through Intellectual Property Offices (IPO) submissions. In recent years, China too has made great strides in developing its’ legal training and development infrastructure, and continues to do so. For example, there now exists the China-EU School of Law (www.cesl.edu.cn) in Beijing, and which is a joint project between the Chinese Government and the EU. Presently the CESL, as it is known, offers both Masters and Ph. D programmes. Presently, India has about 37% of the World’s outsourced services, whilst China is now on the rise with around 10%. Advantages.

  1. Access to a much larger labour pool at lower costs.
  2. A reduction in legal costs of anywhere between 30% and 70%, and thereby allowing firms to reap large cost savings.
  3. LPO also means that one can have round-the-clock services, due to time differences, and projects can be completed over night, so to speak.
  4. Greater flexibility, as companies utilise a combination of off-shore and on-shore legal talent to enhance cost savings and also relieving the stress of demands on the business.

Disadvantages.

  1. Offshoring work to foreign markets introduces certain cultural and language barriers that may encumber communications between both onshore and offshore teams.
  2. Outsourcing sensitive legal information across the globe inevitably gives the vendors with whom you’re working access to confidential information. There are those who contend that in sending legal work overseas, this constitutes a waiver of the attorney–client privilege because the U.S. government monitors cross-border communications, and foreign countries lack the privacy rights afforded by the U.S. Constitution.
  3. It has been noted that a number of outsourcing ventures fail due to indistinct expectations, poor vendor responsiveness, and a general lack of understanding and ineffective governance over the process. Those companies with multi-shore operations must dedicate both time and resources in the management of their offshore relationships, and thus diverting attention from core business functions.
  4. In some instances, hidden costs might undermine the cost benefits of outsourcing work overseas. Hidden costs include vendor management, quality control, contract management, employee turnover, vendor profit margins and increased operational costs.
  5. Relinquishing control of complex legal processes to a party across the globe can result in a loss of managerial control over people and processes. The practice of employing remote workers also can increase certain costs such as travel and training.

However, having  a representative you can trust in the country where your Off-shore vendor is, and who can work the relationship for you, and keep ahead of the game, can mitigate all such issues described above. We at YCTP know the East and we know the West; we know your expectations, and we can clarify them and put them across eloquently and succinctly to your Chinese LPO vendor. It is, therefore, our pleasure to assist you in your search for legal service vendors in Beijing, that Your China Trading Partner provide you with our LPO – Beijing, China directory of companies, and individuals, in the legal services sector guide. The materials in the Your China Trading Partner, LPO – Beijing, China directory of companies, and individuals, in the legal services sector guide, are provided without express or implied warranty of any kind. We have no relationships, and receive no monies or other form of remuneration for including those companies and individuals you will find in the PDF document. If you run your own search in Google you’ll find more or less the same information. We have simply collected and collated it for you as a customer service. With YCTP you can have the best of both worlds. Remember, we’re here when you can’t be!

LPO - Beijing, China

LPO - Beijing, China

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Originally posted 2010-02-11 22:03:49. Republished by Blog Post Promoter

Popularity: 4%

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Some B2B Facts About China

Sunday, August 8th, 2010

I recently came across this extract in a white paper written by Dr. Daniel Park, Associate Consultant – International Projects at B2B International, entitled “How to Research & Evaluate Outsourcing Opportunities in China“, and which I thought nicely encapsulated some useful and interesting facts about China, and its’ economic development. I recommend you go and read the complete article for yourselves. Please, see the link at the foot of this posting for directions to the article itself. Now, the article was written in 2007, but much of the data holds true today, and it’s worth noting that many of these data have now exceeded the 2007 levels. Moreover, the fact that China had massive USD reserves has been something of a saviour since the global credit crisis, as China has been able to bail out many who were beset by financial difficulties due to the crisis. Here are the main points Dr. Park made, although the article is far more extensive than this short extract:

  • China is the world’s fastest-growing major economy – around 9% per year sustained over the past few years.
  • China is the world’s third-largest trading economy – US$ 1000 billion per year in foreign trade value.
  • The technological level of the Chinese economy is rising rapidly – Chinese growth is NOT based exclusively on utilization of cheap labour.
  • China’s foreign exchange reserves exceed US$ 500 billion.
  • China is fully accustomed to trading in world currencies – this is one reason why its dollar (and other hard currency) reserves are healthy.
  • China is a member of the World Trade Organization.
  • China’s population of 1.3 billion is becoming increasingly affluent.
  • China has put a man in space; is a significant nuclear power; and some parts of its manufacturing industry compare favourably with the best in the world.
  • China is the biggest spender on research and development after the United States and Japan.
  • New foreign direct investment is running at about US$ 50 billion per year and is growing.
  • Chinese expenditure on overseas mergers and acquisitions topped US$ 2 billion in 2003 and looks set to reach US$ 4 billion in 2007.
  • China is taking steps to end the fixed relationship with the dollar and to allow exchange rates and interest rates to become market-determined.

Daniel Park, March 2007

Copyright © J D Park 2007

About the author

Dr. Daniel Park qualified in economics at the University of Glasgow.  He has been associated with B2B International Ltd since its foundation, and has acted as adviser and consultant in many of the company’s international projects.  Since his first visit to South-East Asia in 1978 he has made over 60 business visits to Hong Kong/China.  Between 2004 and 2006 he served as a non-executive director of a major Hong Kong manufacturing company with facilities in China, employing some five thousand people and operating at 6-sigma standards for world markets. Source: www.b2binternational.com

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Originally posted 2009-08-13 02:05:31. Republished by Blog Post Promoter

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Do You Have A Passion?

Wednesday, August 4th, 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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