How to Avoid Problems In When Buying From China
Post 22 of 44
Replying to [Chinasolutions]:![[em12]](http://img.alibaba.com/images/eng/style/icon/emoticons_surprised.gif)
I have a few questions regarding trade with other contries. I read your advice and i agreed with most of it. I am a small time buisness owner looking for an advantage. I am not buying enough product to justify a trip to china. I would like to know if it is normal for small purchase usually just the MOQ to be paid for by Wire Transfer and if this is the normal way then what protection do i have if any against people trying to scam me. I would like to trust all of the suppliers on allibaba but i know there are a few rotten apples in there how do i determine which are rotten and which are not?
I have a few questions regarding trade with other contries. I read your advice and i agreed with most of it. I am a small time buisness owner looking for an advantage. I am not buying enough product to justify a trip to china. I would like to know if it is normal for small purchase usually just the MOQ to be paid for by Wire Transfer and if this is the normal way then what protection do i have if any against people trying to scam me. I would like to trust all of the suppliers on allibaba but i know there are a few rotten apples in there how do i determine which are rotten and which are not?
14 Nov 2007 09:33
Post 23 of 44
Does anyone know of a list or recommendations of Asian factories who have US Ambassidors to their factory stationed in America that I can work with on a project and pay directly? I am little concered about sending $10,000+USD overseas even though I have done my due diligence research and I would feel more secure meeting with Chinese representitives here in America first...
Any help with this matter would be greatly appreciated.
Thanks and Best Regards,
David Andrascik
Royal Penn Products USA
Any help with this matter would be greatly appreciated.
Thanks and Best Regards,
David Andrascik
Royal Penn Products USA
14 Nov 2007 12:44
Post 24 of 44
Replying to [Chinasolutions]: thanks ,i have known how to communicate with our customers . maybe i am different from u that what i sell is transportation .
14 Nov 2007 19:10
Post 25 of 44
Replying to [Chinasolutions]:
Hi,
I am looking for a good quality supplier to purchase portable speakers from to market in the UK. I am based in the UK so am aware of the difficulties. You mentioned a buying agent is a good idea. Can you please advise any tips for finding a good one. Any help you can give is greatly appreciated. L
Hi,
I am looking for a good quality supplier to purchase portable speakers from to market in the UK. I am based in the UK so am aware of the difficulties. You mentioned a buying agent is a good idea. Can you please advise any tips for finding a good one. Any help you can give is greatly appreciated. L
16 Nov 2007 13:47
Post 26 of 44
Replying to [Prav]:hi i am just new here.then i just want to say something .i think UK you can find the manufcturer in shanghai or some places are littoral.that will be more convenience .
and you can have a world map .and try to find which port in China is much more easier to UK. hehe![[em1]](http://img.alibaba.com/images/eng/style/icon/emoticons_smile.gif)
and you can have a world map .and try to find which port in China is much more easier to UK. hehe
18 Nov 2007 00:13
Post 27 of 44
Replying to [pootdy]:
Yes, it is normal for MOQ orders to be paid by wire transfer. I do not recommend Letters of Credit unless you are going spend more than 100,000USD on a single purchase order. The bank draft fees to issue transferable LC's and processing fees are too costly.
You should never wire more than 30% deposit to start production. Next payment should be made when you have recieved a copy of the OBL. Send this copy to your customs broker for verification of documents. Then pay the remaining 70%.
As for being scammed or making sure you get what you pay for; you need to physically verify that the manufacturer is producing the goods or have someone do this for you. No way around that.
The minimum step you can do. Is request samples confirm the samples in writing and have the factory state that they will produce all the goods according to the samples that you have confirmed.. this needs to be in writing and signed and stamped by the factory / TC or whoever you are working with.
Yes, it is normal for MOQ orders to be paid by wire transfer. I do not recommend Letters of Credit unless you are going spend more than 100,000USD on a single purchase order. The bank draft fees to issue transferable LC's and processing fees are too costly.
You should never wire more than 30% deposit to start production. Next payment should be made when you have recieved a copy of the OBL. Send this copy to your customs broker for verification of documents. Then pay the remaining 70%.
As for being scammed or making sure you get what you pay for; you need to physically verify that the manufacturer is producing the goods or have someone do this for you. No way around that.
The minimum step you can do. Is request samples confirm the samples in writing and have the factory state that they will produce all the goods according to the samples that you have confirmed.. this needs to be in writing and signed and stamped by the factory / TC or whoever you are working with.
19 Nov 2007 07:16
Post 28 of 44
Replying to [Royal Penn USA]:
You may be able to find some companies that have agents in the USA. If this is the case then you are purchasing from the USA agent and not from the factory. Contractually they will be responsible becuase they are legally representing the manufacturer in USA.
If you choose to pay the factory directly then you will need a contract with the factory according to PRC law. This means you will need a buying agent at a minimum.
If you have questions let me know. As I own a chinese incorporated trading company.
You may be able to find some companies that have agents in the USA. If this is the case then you are purchasing from the USA agent and not from the factory. Contractually they will be responsible becuase they are legally representing the manufacturer in USA.
If you choose to pay the factory directly then you will need a contract with the factory according to PRC law. This means you will need a buying agent at a minimum.
If you have questions let me know. As I own a chinese incorporated trading company.
19 Nov 2007 07:25
Post 29 of 44
Replying to [LDRS]:
I own a trading company in China. Let's discuss.
I own a trading company in China. Let's discuss.
19 Nov 2007 07:28
Post 30 of 44
Replying to [Chinasolutions]:
We are a Hong Kong co and have been trading with China for 20 years.
Best way to build business when buying from China is to visit the factories and assess their strength/weakness, select the best ones, fix yr quality standard,appoint your freight forwarders.QC checks should be conducted at the start and during process(not after production is over),pre-production samples must be approved before starting production and these approved samples shd be the 'Standard' for production.
I/E or trading cos should be avoided if possible as these youngsters working in these cos have no product knowledge or any experience in Intl trade vis-a-vi LC or shippings matters.They merely speak English.
It is best advised to appoint an Agent/buying office from Hong Kong ( than China). Goldpass/Trsutpass membership is a waste of time.
Simon- Hong Kong
We are a Hong Kong co and have been trading with China for 20 years.
Best way to build business when buying from China is to visit the factories and assess their strength/weakness, select the best ones, fix yr quality standard,appoint your freight forwarders.QC checks should be conducted at the start and during process(not after production is over),pre-production samples must be approved before starting production and these approved samples shd be the 'Standard' for production.
I/E or trading cos should be avoided if possible as these youngsters working in these cos have no product knowledge or any experience in Intl trade vis-a-vi LC or shippings matters.They merely speak English.
It is best advised to appoint an Agent/buying office from Hong Kong ( than China). Goldpass/Trsutpass membership is a waste of time.
Simon- Hong Kong
26 Nov 2007 21:40
Post 31 of 44
Replying to [Simond]:Ridiculous and a selfish thought!
10 Dec 2007 19:01