Be Careful of Trade Frauds in China
We have to be extremely careful in international trade because there are too many frauds. Sometimes, we purchase through some e-business platforms or trade platforms, which tend to have a low threshold and not strictly audited. In China, to register a shell company cost is simple and does not cost much. There are lawless persons who take advantage of those bugs and spend a few hundred dollars to register a company, and then release the information with a very attractive price. When people are interested, they act very formal by providing fixed-line phone numbers, bank accounts, emails and etc., quite deceiving. In case of this, we cannot fly to China every time for field survey, and when we pay a deposit, these people disappear. There are many poorly managed factories which do not have the ability to handle orders, but they act this way for deposits. If you have the energy and time to fly to China and file a lawsuit, he may return the deposit and he will not refund the deposit if yo...