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Thread: Paying in China for materials
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[quote=YUHAOROMAN,241168]Hi Nataly, If your partner can find the supplier himself, why did he pay the money to an agent? Did he think the agent is more trustworthy? I think the issue you are facing now is not how to pay but to verify if the supplier and agent you are dealing with is legit and existing company. So I would suggest you do the following: 1) verify if the supplier is a legal company or not(check their business license, and take their copy of business license to vist local AIC for verification, and there are some free online source to verify if a company is legal or not), also visit their company to make sure they are not shell company.By that, try to make sure the supplier you are dealing with is legit and trustworthy, they won't run away with your deposit. 2) if they are legal, then sign a contract with them. a decent company will honour the contract and not risk to breach the contract. some foreigner are worried because they don't know chinese law, and whether the contract they signed with the chinese supplier will be protected by chinese law, I would say the contract laws in most countries of the world are almost the same, they protect good will, and punish bad will. besides, I highly suggest to include arbitration as the dispute settlement method as that will make it easy if dispute arise.you can visit www.chinawhy.net for any assistance in contract and trade issues. 3) I think in your case, try to find a export-oriented supplier to deal with, as they know how to export, how to ship, how to clear the customs, and they have quoted properly with all this expense included. If you need a agent, make sure the agent is a decent company before you sent them the money. For the other question, any written document will be protected by the law, but I would suggest you sign a brief contract with the agent instead of a piece of receipt or witness. [/quote]
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