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INTERNATIONAL TRADE FRAUDS(To Tekle
Post 1 of 4
Please how do those of us in Africa trying to start business with country like China etc know geniune manufacturing companies and Industries as not to fall into the hands of international fraudsters before remitting our monies through TT, LC Please try put us through because it is a serious matter thanks.
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18 Jan 2008 18:05
Post 2 of 4
Business in China
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Overall Ranking MVP:28,553 Rank:6
Replying to [Germanbrass]:

Here is my suggestion for your safe business in China:

1. You can either come to China and attend some famous fairs to meet thousands of real manufacturers or buyers in person. Or simply employ a Sourcing service from a reliable third-party biz service company in China to help you. To deal with a real and registered company is your first step to success in China.

2. Sign a formal Sales or Purchase Contract with any of your supplier if your order is large enough.

3. Do enough homework/Due Diligence work before payment, say auditing, inspection and verification service etc.

4. Have your shipment insured if your order is large enough..

Take care ! It's not difficult to have business in China but you have to be careful ! [em1][em1]
18 Jan 2008 21:04
Post 3 of 4
angelvalentine104
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Overall Ranking MVP:-84 Rank:1,970,818

Dear sir,

This is dora from TD Fortune,a chinese consulting company bases in shanghai.

In the terms of your words, you may come accross some problem about your business, especially about your partners' credibility and reputation.

our company may coordinate with you in partner search and evaluation.

From the research paper we provide, you may obtain so many details about your partner before the cooperation

If there is anything that we can do for you, please just list your requires.and hope we may give you one hand.

Here follows my contact info:

Email:dora@tdfortune.net

website:www.tdfortune.net

phone:86 21 64395916

14 May 2008 01:07
Post 4 of 4
Quoting from [Germanbrass]:



Please how do those of us in Africa trying to start business with country like China etc know geniune manufacturing companies and Industries as not to fall into the hands of international fraudsters before remitting our monies through TT, LC Please try put us through because it is a serious matter thanks.



Germanbrass- The best way to avoid being scammed is education and not to be greedy. There are several types of fraudsters. I wrote the following article for Alibaba.com about a year ago the article covers the major frauds activities:http://resources.alibaba.com/article/7061/Preventing_fraud_when_sourcing_from_overseas.htm

Here is also live chat that I had related to fraud that might also help.http://resources.alibaba.com/topic/4339/Ask_Our_Expert_Fraud_issues.htm Hope the above helps.

 

 

 

 

14 May 2008 16:10
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