Opinions, knowledge and resources from China Checkup's expert contributors
Recently we have been hearing of increasing concern among both companies and individuals about the risks of online fraud in China.
While there are many positive aspects of conducting business online, such as convenience and the lure of low prices, it is important to protect yourself by ensuring that your business partner in China is operating legitimately.
Examples of online fraud in China include fake websites that pretend to be legitimate and reputable businesses. These websites can look almost identical to the real websites, except for the fake contact details that consumers are directed to.
Scammers are also active on online marketplaces like Alibaba.com, and we have heard of many companies in China that have sold fake goods, or charged for goods that were not as described or never actually arrived.
My colleague Aileen wrote more about this earlier in the year in this article.
China is not only a market for big businesses, but also for small and medium-sized businesses around the world. Such has been the explosion in trade over recent years that many companies now commonly see China as their first stop for sourcing, given the almost limitless sourcing possibilities available.
Online fraud in China is a common concern though, and it creates many fears for business owners who want to succeed from their activities in the Chinese market.
No matter their background, business owners can easily get caught up in fraudulent activity, especially if they are not familiar with local Chinese laws, languages and people.
As we wrote in this article, even Alibaba’s own website admits that being scammed is the biggest problem with buying from China. Alibaba may create supplier blacklists but is this enough to keep their users safe?
It’s fair to say that China has minimal regulations regarding internet commerce, and it is still navigating its way through new business technologies. Another concern is the lack of a credit scoring system, and legal avenues to follow once a cybercrime has actually been committed.
In a recent article published in the magazine Security Asia, I made the point that among some Chinese business owners there can be a prevailing ‘attitude of wanting to make a quick buck, rather than building something over a long period of time’.
I also identified the problems with online marketplaces that connect businesses with local suppliers in China. These often do not allow customers to comment or rate their experiences. A system like this would provide a greater level of confidence for consumers, and help to identify the businesses that are legitimately providing a high level of professional conduct and customer care.
China Checkup provides security and clarity for businesses that are trying to successfully navigate doing business in China. We have developed a range of online services that can assist business owners who want to ensure that the companies they are doing business with are legitimate, by conducting background checks on the Chinese businesses in question.
We understand that business owners want fast, affordable and reputable information on the companies that they intend to do business with in China, so they can work assertively and confidently in a region that is so geographically and culturally foreign from their own.
Avoid fraud in China. Make sure with China Checkup’s verification services and conduct your business with success.
Did you know that there are 7 different regions of China which are often cited in official sources when describing China's geography, climate, economy and governance?
Each of these regions are comprised of several Chinese provinces which are in close proximity and share certain geographical and cultural similarities.
Keep reading to view a map and learn more about the 7 regions of China.
If you have done business with a Chinese company there is a good chance that their staff have provided you with a scan or photo of their China ID Card.
This ID Card, also known as the Resident Identity Card, is compulsory for all Chinese citizens and contains much information about the holder.
Each China ID Card has a unique 18-digit Citizen Identity Number and knowing this number alone can tell you the holder's date of birth, place of birth and gender.
Foreign companies are doing business in China for a wide range of different reasons - including importing, exporting, setting up joint ventures, investing, developing new markets, developing new partnerships & more - but in which Chinese provinces are these efforts focused?
Is most business done in China's gateway municipalities of Shanghai and Beijing, or do foreign companies flock to the manufacturing powerhouse provinces of Guangdong and Zhejiang?
Read this article to learn what are, according to our research, the 9 China provinces where foreign companies do business the most.