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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Would You Like Your Own Logo On Your USB?

There are more than one kind of USB on the market, as perhaps you’ve noticed, they come in all shapes, colours, and sizes, and some of them even have extra functions.

Your China Trading Partner can bring you into contact with a wide range of suppliers of USB Memory Stcicks, able to meet all your price and quality criteria, whilst ensuring you’re trading with a safe company.

Whether you’re looking for 256MB, 512MB, 1GB, 2GB, 4GB, 8GB, or 16GB, we can find you what you need amongst our list of suppliers here in China.

Additionally, if you want a corporate logo on your USB sticks we can help you with that too.

You can have single colour, as in the image to the right, or multi-colour, the choice is yours.

You may discover that having your own logo on your USBs is a lot cheaper than you at first thought.

How about aluminium or steel cased USBs?

How about aluminium or steel cased USBs for that extra look of class and style?

What about biometric fingerprinting technology in your USB sticks?

Would your clients such as lawyers, accountants, hospitals, insurance companies, and government departments find the extra security of fingerprint scanning technology built into their USB memory stick of value?

Biometric fingerprint USB systems are extremely quick and accurate, and can hold several thumb prints, so that in the event of an emergency, another person with predefined permission may access the data on the stick.

What about biometric fingerprinting technology in your USB sticks?

In this day and age, security is of vital importance. Have we not often heard of times when sensitive data has been lost, and suddenly turns up in the press, after an ordinary USB stick has been found on the train where it was first lost. Your company and your clients could be saved from a lot of embarrassment if they utilised such excellent technology.

Again Your China Trading Partner can provide you with all you want in that area too.

If you’re interested in knowing more then just drop us an email to discuss your needs.

Trade Safely!

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Originally posted 2009-08-24 15:59:18. Republished by Blog Post Promoter

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Drafter At Work (Model Used For This Image)

Just why won’t I source iPhones, XBoxes, and the like, from China?

Well, I’m going to keep this brief, and to the point, and use Microsoft™ and Apple™ as examples, since they’re really very commonly sought after brands.

The Russian and other Caucasian mafias are very organised, and have a lot of funding behind them.

Consequently, having a technician take a piece of equipment, such as an Xbox or iPhone, apart, and making technical drawings of the product, isn’t really a matter which presents them with any great difficulty.

Having business cards made claiming they represent Microsoft™ or Apple™, presents them with equally as little difficulty.

Printing headed paper for letters, and bonded paper for business production and distribution RIGHTS licences, for the purpose of confirming that a company is being granted the RIGHTS, to manufacture and distribute, the Xboxes and iPhones they manufacture, under that licence, is no problem either.

Sending some men, and a beautiful female interpreter, to China to convince Chinese factory owners that they are genuinely being granted licences to manufacture and distribute “genuine Microsoft™ or Apple™” products, presents just as little difficulty.

Of course, when once they arrive in China, and some small, medium to large electronics company, in central China, in the middle of nowhere, is paid a visit by the mighty Microsoft™ or Apple™ corporations’ representatives – then they are, of course, deeply humbled and just can’t believe their luck; whilst afterwards,  it takes them at least a fortnight to stop smiling at themselves, and they will never tire of boasting of their new connection with the mighty Microsoft™ or Apple™ corporations.

After wining and dining their esteemed and honoured guests, they then find themselves being presented with the license to manufacture and distribute on behalf of these great names.

It’s like being granted a license to print money!

Within months their goods are being bought and sold in China, and then sent abroad to small buyers, purchasing through the internet, looking to make a buck by buying cheaply from China.

Of course, the reality is that a genuine REGIONAL MANUFACTURER or DISTRIBUTOR, would never dare risk losing their license by selling outside of their geographically acknowledge sales region.

Meanwhile, the Chinese manager producing the goods, hasn’t the slightest idea that he’s producing fakes. He thinks it’s all real. After all, the people who came, where all foreign, white, big, wore expensive clothes, shoes, and watches, and stayed in the most expensive suites in the most expensive hotel in town.

They even had business cards, letterheads, secret plans and technical drawings, and bonded licence paper, and a company seal.

What is there to doubt? How could the factory owner possibly doubt them?

And I bet this goes on in other countries such as India, Pakistan, and elsewhere.

I suppose you can now see why I won’t touch named brands in China for the purposes of export.

It simply isn’t worth the risk to me, my reputation, to you, or your clients.

If you want the genuine goods, then speak to the OFFICIAL Microsoft™ or Apple™ DISTRIBUTOR (or whatever brand) for your particular geographic region. A quick visit to their websites should provide you with that information.

Do yourself and your clients a favour.

Why do you think you’re going to get them cheaper here?

Safe Trading!

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Originally posted 2009-31-12 13:27. Republished by Blog Post Promoter

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Jamil Anderlini, in the Financial Times, published on July 27 2009, presented an article entitled “A cautionary tale from China“.

Well, as you know I live and breathe in China, and so felt more than a little compelled to read the article.

What I first noticed, after having read it, was how quiet the Chinese media had kept it – no surprises there I guess.

My next thought was, how dumb the victim, one Mr. Klaus Hilligardt, had been by entrusting his personal life, money, and home, and more particularly his business into the hands of his chosen Chinese managers; not a particularly wise move, as you will discover as the story unfolds.

The victim had his whole company stolen from under his very nose. I mean the guy didn’t even have absence from China as an excuse, as he was resident here for virtually all of the time preceding the eventual disappearance of his company.

Victims aren’t made – they’re born!

And this is a point I keep trying to make to those of you who read me here, and to those of you who email me in the hope that I can get your money back, and which you just kind-of gave away to someone on the other side of the planet. OOPS!

Basically, the Chinese management team of this company, which runs all the major advertising hoardings in China, predominantly on the underground, and national rail lines, set up there own ghost company, which included a logo not unlike the actual company they worked for; the senior Chinese manager, then sold the rights to the new company to take all their clients, and establish themselves as the new market leaders, using money from the victim’s own company to do so, whilst still being paid a salary from the victim’s company – I MEAN, SHAME JUST HAS NOWHERE TO HIDE IT’S FACE IN SHAME!

Image Copyright Financial Times Newsaper Group

This is assault, battery, rape, and then being peed and shat on for extra measure, before being poked in the eye with a pointy stick, just when you thought it was all over.

In the end, the German managers from the parent company flew over to China, and ran a raid with the police, on the offices, into which the Chinese management had barricaded themselves, before arresting them and hauling them of for intense questioning.

Now, why am I telling you about this? Just because it happened in China? No! I’m telling you because the victim had several years of experience in Asian countries, but failed to learn the language, or the culture, and allowed himself to be walked up the garden path and given a damned good seeing to under the shady apple tree behind the garden shed.

My point?

Very simple. You need me.

China has been my home for the past 8 years, and has been a better home to me than my native England, in many ways, and I am very grateful to her for that.

But still, this is the Wild-East folks, and you greenhorns gotta watch out for Los Banditos Chino, because they can be pretty mean  Hombres to deal with.

Safe Trading!

Here’s a link to the original article for which you may have to sign up to a free membership to read: www.ft.com/cms/s/0/e4103832-7a87-11de-8c34-00144feabdc0.html?nclick_check=1#

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Well, I decided that although I like the look of the blog here at yourchinatradingpartner.com/blog, and that WordPress has a great deal to say for itself, as a very manageable blogging tool; I just felt it was a wee bit slow.

I mean, you come to the YourChinaTradingPartner.Com page, and you get a very nice fast load. However, when you drop down a directory into the blog, I found it to very often take a monumentally long time to load the page, and it was driving me nuts.

So, to solve the problem, and generate a lot of new work for myself, I built an HTML version of the blog, and slapped it on its’ own host at www.SafelySourcingChina.com.

Of course, this has presented me, the novice, with certain issues, such as how to make an RSS feed of my new HTML version of the blog.

However, after a little searching I managed to find a way of doing it which suits me down to the ground. Indeed, once I’d organised my RSS, I then went and tried feeding it to FeedBurner, and it went through far more smoothly than the horror story that was my feeds, here on the blog, just a week ago, when i had to hire someone to sort it out for me.

CLICK! and I was done. I couldn’t believe how easy it was.

I’ll continue to post here, but I’ll also post the material on the new blog too, for those who prefer a speedier, if less glossy, access portal to my stuff.

If anyone’s interested in how to set up an RSS feed for their blog, then I suggest you simply go where I went, and all will be made clear.

Here’s the link: rapidfeeds.com

By the way, I just tried putting the annimated feed link bar in here from FeedBurner, but WordPress just wouldn’t have it, and I’ve had to rewrite, and delete this article 4 times to try and dump the scramble of code left here.

I like the UTILITY of WordPress, but I prefer the ease and speed of HTML. For me, WordPress has presented me with a number of issues, a few of which are still unresolved.

That’s it for now, folks.

UPDATE

I managed to get an HTML blog sorted quite nicely, but found updating feeds to be a bit of a drag, and so finally decided to move the WordPress version of the blog here, as you can now see, and have probably noted.

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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

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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What’s a “Money Mule”? I hear you asking.

Well, our splendid friends at WikiPedia provide us with a simple and concise explanation, or definition, of the term, as follows:

From Wikipedia, the free encyclopedia.

A money mule is a person who transfers money and reships high value goods that have been fraudulently obtained in one country, usually via the internet, to another country, usually where the perpetrator of the fraud lives. The term money mule is formed by analogy with drug mules.

The need for money mules arises because while a criminal in a developing country can obtain the credit card numbers, bank account numbers, passwords and other financial details of a victim living in the first world via the internet through techniques such as malware and phishing, turning those details into money usable in the criminal’s own country can be difficult. Many businesses will refuse to transfer money or ship goods to certain countries where there is a high likelihood that the transaction is fraudulent. The criminal therefore recruits a money mule in the victim’s country who will receive money transfers and merchandise and resend them to the criminal in return for a commission.

I then came across the following site: http://www.banksafeonline.org.uk/moneymule_explained.html, where they present a lovely interactive graphic of how the scam works, and a very plain English overview of the scam in action, and include such warnings as:

“Remember that even if you have nothing to do with the actual extraction of funds from another person’s account, by allowing your account to be used to receive and transfer such funds, you will be acting illegally.”

Therefore, one might actually conclude that Mr. Carboni isn’t satisfied with swindling people out of their payments through his scam-site, esources.co.uk, but is actively attempting to engage people into placing themselves in a criminally damaging position, in the pursuance of satisfying his need to feed his greed, and his swindling addiction. I mentioned in an earlier article that similar letters from his company were lodged on file at www.data-wales.co.uk under the Representative Fake Cheque Scam.

www.banksafeonline.org.uk go on to explain the steps involved:

1. Fraudsters contact prospective victims with “job vacancy” adverts via spam emails, letters, newspaper job adverts, Internet chat rooms or job search web sites. Jobs are usually advertised as a “financial manager” and suggest that no special knowledge is required.
2. The fraudsters convince the victim to come and work for their fake “company”. Some fraudsters even ask mules to sign official-looking contracts of employment.
3. Once recruited, money mules will receive funds into their accounts. These funds will have been stolen by the fraudsters from another account that has been compromised.
4. Mules are then asked to take these funds out of their account and to forward them overseas (minus a commission payment) typically using a wire transfer service. Acting as a mule is an illegal activity. When caught, money mules often have their bank accounts suspended, containing *all* of their money.

Of course, having your bank account, and the assets therein frozen, will be the least of your worries; one would assume you’d be more worried about the possible prison time you may have to serve.

Certainly in Australia, the Australian Federal Police, as cited on the Australian Bankers Association website, state clearly that the penalty for being a Money Mule is up to a maximum of 20 years in prison; whilst in the US, according to the US Department of Justice, you could be facing a possible 30 years in prison, a fine of up to $1,000,000, and up to five years of supervised release.

At the present moment, I am unable to furnish a penalty for the UK, but can state that it obviously is illegal, and that you will have your account, and assets frozen, you will be liable to repay the monies you earned, and perhaps more, to the actual victims, you will serve some time in prison, and you will carry both a criminal record, and shredded credit rating for the rest of your life.

So, this is no laughing matter, and Mr. Carboni seems to be entangled in this, along with his “company” Esources.co.uk, and quite possibly his alternative site Wholesaledeals.co.uk, by virtue of being under the ownership of the same individual.

Here is the extract from FraudWatchInternational, and the link to the page direct, and I’ll leave you to make your own opinions, and to draw further conclusions, as to the legality of the man and the “companies” he represents. Please, also take note that in the email, right at the beginning, the author states that Esources is a Ltd. company, but in actuality it is not registered as such in the UK.

“The following is an example email for this fake job, otherwise known as a money mule scam. Please forward all fake job emails to scams@fraudwatchinternational.com

Dear Sir/Ma.

Esources Limtited UK (http://www.esources.co.uk) is in search of a book-keeper/company representative in the U.S.A/CANADA. This project has been developed in a way not to affect your present job nor bring you any form of stress but in order to help take care of those extra costs while you work for us. Esources is a small company thats deals in whole sales of T-Shirts, Cardigans,Ladies Tops,Kids wear & Silver Jewellery . We offer exceptional customer service and quality at discounted prices!. Everything in our catalogue is priced in UK/US funds. You can check to see from our web-site.

Recently It came to my knowledge that there are a lot of lapses in
handling funds coming from our clients in the USA which come in forms of Cashiers checks,Company checks and Money Orders which are not readily cashable outside the United States. So we need someone in the U.S.A to work as our representative and assist us in processing the payments from our various clients which come in on a weekly,monthly and annual basis.This is why we decided to employ a representative over in theU.S.A to help us receive our payments at your contact address you shall be providing us,in order to process our payment from our clients.

All you need to do is receive these payments from our clients in the U.S.A get it cashed at your banking institution. You are entittled to(10% of each payment) that you process. After payment must have been cashed and deducted your working fee. You will send the remaining fund to us. Our payments will be issued out in your name as we will inform our clients to do. Therefore the following details would be needed: I would require you to send me an email with the following details:

1)Your Full Name:
2)Contact Address,City,State & Zipcode:
3)Home & Cell Phone number:
4)Age:
5)Occupation:
6)Sex(Male/Female):

Reply to: jeannettehintz@aol.com

We would forward these informations to one of our clients and they will start making payments to you as the company’s representative in the states . Once we have all your details in our records.We would notify you as soon we confirm that one of ourcleints is mailing payment across to you.

I await your urgent response.
Warmest Regards.
Jeannette Hintz.
Head Of Human Resources.
eSources.co.uk”.

Finally, look at that lovely line in the email, “We offer exceptional customer service and quality at discounted prices!”

What a load of rubbish! Obviously Mr. Carboni’s idea of “…exceptional customer service…“, doesn’t run as far as actually having an operating telephone, where customers can contact him, or his representatives; wherever he is, and wherever his “company” is, as all we have are mailing addresses, and a website! There is no physical presence, and no means of direct contact, other than email.

A parting thought: Might you be in danger of identity theft, if you’re paying for membership to either of Mr. Carboni’s websites. After all, you’re giving him a huge amount of personal information, not to mention your  credit card details. Just think about it for a moment.

Safe Trading!

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Originally posted 2009-08-13 01:40:20. Republished by Blog Post Promoter

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When embarking on trading with China, both you and your company need as much top-level information as possible, and it should be equally wide in scope and readily available at the click of a mouse at any time, day or night.

And that’s where a small family-run product sourcing and due diligence company in Beijing, are seemingly outstripping their larger competitors, by presenting quite possibly one of the most comprehensive sources of information and links to Chinese governmental and non-governmental information sites of interest and information, with particular emphasis on due diligence and trading safely with China; all readily available in one place, and at the click of the mouse, for foreign businesses, traders, and entrepreneurs on the internet.

YCTP China Trading Links

This small company is saving a lot of people a lot of hard footslogging, or better said – key tapping – by opening to the public their own carefully garnered resources to the public domain.

Indeed, they even outstrip companies such as Alibaba with the comprehensive and ‘all-in-one-place’ format of their links – literally at your fingertips.

Indeed, there are many pages offering information on the internet regarding product sourcing, due diligence, background checking, and lodging formal complaints with governmental or voluntary agencies. However, few sites offer such a broad and comprehensive range of informational links to relevant and pertinent Chinese authorities and government sanctioned trade and commerce sites, where you can find connections to genuine Chinese businesses who have registered themselves with governmental authorities. This in and of itself doesn’t necessarily make these businesses one-hundred percent genuine or risk-free. However, it certainly does minimise the risk of being scammed.

Sectional headings on the links page at www.yourchinatradingpartner.com include – China Business Resources: the links in this section cover a variety of journals and blogs appertaining to trading with China and are replete with useful information, inside tips, news, data, and current trends.

In the China Government Business resources section there are a string of excellent links to The Ministry of Commerce to the Peoples Republic of China (national) and its’ associated forums and complaints sections. In the Invest in China – Government Website section you can confirm the validity, or determine whether a company is legally registered in China. However, it currently only deals with those companies who have joined voluntarily and/or are foreign/Sino joint ventures.

In The Local Administration for Industry and Commerce Section you can check local branches of The Ministry of Commerce to the Peoples Republic of China to determine the validity of a business and whether or not it is a legally registered entity.

Other sections include links to the Bureau of Fair Trade for Imports and Exports, Department of Foreign Investment Administration, and the World Importers Net (Ministry of Commerce PRC), which is a trade promotion website under MOFCOM Public Information Service (MPIS), aiming at promoting international trade by providing both Chinese and overseas companies with trade information. It is an important part of the China national public information service system for international trade and economic cooperation, and is funded by the Chinese government; all services provided are free of charge.

Further very useful sites linked to by YCTP are the Department of Foreign Trade, China Customs & Excise, and The Mediation Centre of the China Council for the Promotion of International Trade; where if something goes wrong with your transaction, and you have already tried to contact your Chinese business partner to resolve the issue without success, then you can refer your case to arbitration.

Another interesting and useful link is to the Trademark Office – State Administration for Industry and Commerce (CTMO); which department performs the registration and administration of trademarks nationwide.

CIETAC is now one of the busiest arbitration centres in the world.

Another immensely useful site is The China International Economic and Trade Arbitration Commission (CIETAC) which is the most important and permanent arbitration institution in China. Formerly known as the Foreign Trade Arbitration Commission, the CIETAC was set up in April 1956 under the China Council for the Promotion of International Trade (CCPIT) to meet the needs of the continuing development of China’s economic and trade relations with foreign countries after the adoption of the “reform and opening-up” policy, the Foreign Trade Arbitration Commission was renamed as the Foreign Economic and Trade Arbitration Commission in 1980, and then finally settled down as the China International Economic and Trade Arbitration Commission in 1988. Since 2000, the CIETAC is also known as the Arbitration Court of the China Chamber of International Commerce (CCOIC).

The CIETAC independently and impartially resolves economic and trade disputes by means of arbitration and conciliation (mediation).

The CIETAC’s headquarters is located in Beijing with two sub-commissions in Shanghai and Shenzhen, respectively known as the CIETAC Shanghai Sub-Commission and the CIETAC South China Sub-Commission. In order to meet the needs of the development of the arbitration practices, the CIETAC also successively established 19 liaison offices in different regions and specific business sectors to provide parties with handy arbitration advice.

After nearly 50 years of continuous endeavour, the CIETAC is now one of the busiest arbitration centres in the world. With its arbitration practices and academic activities, the CIETAC has also made great contributions to the legislation of the Chinese arbitration law and the development of the arbitration practice in China. Not only does CIETAC maintain positive relations and cooperation with all the major arbitration institutions throughout the world, it also upholds a respectable reputation at home and abroad for its independence, impartiality and efficiency.

YCTP also include an introduction to CHINA – THE LAW; which although not exhaustive does direct readers to General Principals of the Civil Law of the People’s Republic of China, Model Arbitration Clause for Contracts with Chinese Companies, and The Ministry of Public Security of the P. R. China Information Network & Security, which deals more specifically with cyber-fraud, or cyber-crime.

Additional links included are those for government run or sanctioned trade links and resources, such as: China Commodity Net (CCN), which is funded by the Chinese government. China Commodity Net (CCN) is one of MOFCOM’s Public Information Service (MPIS) projects. As an important part of China national public information service system for international trade and economic co-operation, CCN aims to enhance cooperation and trade between the Chinese and overseas enterprises.

Other trade links include BizMatching – A government run and approved (Ministry of Commerce) trade portal, and China Market; this is a business portal recommended by the Chinese government.

In all, Your China Trading Partner provide a fascinating, deeply informative, and educational collection of links, which will prove to be an extremely valuable resource for any company, large or small, or any individual wishing to trade securely and successfully with China.

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Originally posted 2009-08-13 04:15:54. Republished by Blog Post Promoter

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It’s my personal opinion that many people who get themselves scammed in China, or elsewhere for that matter, do so almost willingly.

When I say “willingly“, I don’t actually mean that they say, “Hey! Mr. Scammer, please take my money from me!“ Although, when one looks at it from a certain direction, it may appear to be almost a silent agreement to such.

But, what I really mean, is that it’s reminiscent of the behaviour of a drug addict; because one knows one shouldn’t, but one nevertheless goes and does it anyway.

People usually KNOW a few things before a scammer closes on them.

1. They know that the deal is too good to be true.

Which quite frankly, in and of itself, should be ringing every alarm bell in their nervous systems.

2. They know that they are ignoring the warnings that their whole life’s experiences are sending them.

Yes, they just feel the truth of it in the seat of their pants – that something isn’t quite right. But, like the risk takers we humans are, ike the eternal optimists that we are – we persist with it and even ignore our own selves.

3. They know they should not send that money.

By this point, these people are really like junkies trying to withdraw from drugs. “I know I shouldn’t, but I just can’t help myself. I just need to do it. Just once more. I’m sure I’ll get lucky this time!“

We use most of our senses, to avoid being set on fire, to smell the foods we eat, and perhaps the dog poop behind the sofa; we use our ears and eyes to stop us being run over by a car or truck, as we cross the road.

But, then we go and send $ 5,000 to some girl called “Minky” on the other side of the planet!

I mean – HEY! That isn’t even a real name,; and I don’t mean a fake or false identity. I mean not real as in the same way that I don’t have “kizu-maliki-shopytoof” in my kitchen; primarily because no such thing exists, not unless by sheer fluke I’ve named a real kitchen utensil in some obscure language.

Surely the fact they can’t even get a regular name together must tell you something about the SERIOUSNESS of the people you’re dealing with.

I’m reminded of those people who call those telephone sex lines (whatever they are), and some grotesque woman is sitting there pushing Twinkies, or another brand of sweet and sticky thing, down her throat like a factory production line, weighing in at 437 lbs (at 5 feet 3), and has to walk with the aid of sticks due to her medically gross obesity, is telling you her name is “Yvette“, and that she’s tall, slim, has diplomas in dance and theatre, is wearing a black negligee, likes you much more than anybody else who calls, because you’re almost like a real friend, and that we really should meet one day, but now she’s feeling really wet for you, and would you like to….

Ahem! Well, I’m sure you get the picture.

These “victims” have a sense that it’s going to happen, but still they press on, gritting their teeth in the hopes of a win.

Now, that’s what I call optimism!

Yes, these people know it’s going to happen. If not actually GOING TO, then certainly VERY LIKELY TO.

That’s what makes the scam almost a self-inflicted wound!

Honestly, the inside of these peoples’ heads must look and sound exactly the same as that of a gambler with his last dollar – there he is standing in front of a fruit machine, and trying to decide whether to buy some food to eat, or slip it into the slot.

Of course, the decision was already made before he’d even thought of the question. Because our human sense of risk, or addiction, tends to walk about three paces in front of all other thought processes we’re experiencing.

Our sense of risk rides along like a surf board on the wave of every other thought we have. And it is because of this that our addiction will always finish ahead of everything else we think, do, taste, or feel.

It lives on the top of that wave, and everything else rests in its’ shadow.

We tell alcoholics that the first thing they need to do is understand that they HAVE A PROBLEM, before they can address it.

The same is true here.

In the same way as those guys calling on those sex lines, often the people who lose out here and elsewhere, are simply deluding themselves. They actually make the job of being a scammer easier.

Just remember this. A scam can only occur when one party wants something for nothing; all the other party is doing is giving you nothing for something.

Try to cut corners and you’ll cut your own throat.

There is no secret way; no special way; no something to which you aren’t privy.

There is simply a right way and wrong way. The first will bring you benefits, and the second will bring you misery.

You’ll simply lose the dollars, whilst trying to save the cents.

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Originally posted 2009-08-13 00:51:02. Republished by Blog Post Promoter

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Indeed, it wouldn’t be going too far to call China the “New Workshop of the World”, a role once filled by the UK during the industrial revolution, and now being successfully filled by China in it’s modernisation and technological revolution.

To that end there should be a question on the lips of every business person operating in any field which necessitates the need to purchase and sell any of the above listed product types.

What is that question?

It is this: How can I successfully and safely source these products from China to benefit my business by lower costs, and simultaneously increasing my profits?

If you haven’t asked yourself this question, then you are seriously missing out on a great opportunity.

Never The Leader, Always The Follower

China currently produces products of which you are seriously unaware, and which others will lead into Western markets in the future, due in large part to their foresight, and your failure to participate in the search for new products for your market.

You, along with the vast majority of SMEs, will have the unenviable task of jumping on another bandwagon, and playing catch-up.

Get ahead of the competition, and stop riding on other peoples’ coat tails.

What has happened to the world of sales in the past 30 years?

Honestly, it’s like everybody simply waits for a new occurrence in the market, and then jumps on it, rides it till they’ve ridden it to death, and then sit on their hands and wait for the next trend to come along.

Wimps!

There seem to be very few gutsy people in sales today. However, those there are, those who start the trends, are the ones who profit most, whilst the rest of you come and pick and fight over the scraps.

Get a grip people!

Use your brain, and a sourcing agent, and find yourself the next hottest thing to hit the market, before it hits the market!

Product sourcing agents in China speak English, and very often are native English speakers who’ve been living and working in China for a number of years, such as myself, and we can help you find what you need. Having us look for you costs nothing. When you choose to order you’ll find the same standard of service you’re used to at home in Europe or the US.

But What About Shipping?

And? What about it? UPS and DHL can handle all the logistics of bringing your goods to your door. Open a company account with them, give the account number to your agent, your agent passes it on to the supplier, the supplier contacts the courier, the courier arrives and picks up the goods, and you pay the shipping costs.

Of course, if you’re ordering in volume, then we can assist you in finding a suitable shipping company (air or sea) to handle your goods for you.

That’s it. Done and dusted!

What about MOQs?

What about them? Yes, there is often a minimum order quantity, but many companies have brought down their MOQs to levels that are very acceptable for SMEs; particularly in the fields of electronic goods – many as low as 20 pieces or even less.

What About Payment?

Well, I certainly don’t advocate the use of PayPal or Western Union, as these are the tools of the devil (scammers).

No, you can use a Letter of Credit (L/C), or a TT; the former will be agreed to by any good business of sound standing, whilst the latter may be used only after having the company visited, and having due diligence performed on them, to ensure that they’re actually who they say they are.

Of course, the obvious point is never to pay money into a personal account when dealing with a manufacturing business. That’s just silly.

As your relationship with your agent and suppliers develops, you can rest easy and know that you are in the hands of people whose business relies heavily on your goodwill and peace of mind.

Now, stop sitting on your hands like a baby, and get out there and source the market for something new and innovative, and which will allow you to start a trend, set a fashion, break a market, and lead the way to wider profits and renown for yourself and your company.

Trade Safely!

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Originally posted 2009-08-13 02:10:24. Republished by Blog Post Promoter

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