One of the most common ways to pay a Chinese supplier is to make a China T/T Payment, but it is not a method that comes without risk.
We regularly see cases where Chinese suppliers request payments to individual accounts, third parties, offshore accounts and offshore entities, rather than to their own Mainland Chinese corporate bank accounts.
Before sending a China T/T payment, pause and take a moment to make these 4 simple checks - they will help you ensure your payment is really going to the correct Mainland China entity.
Has your business ever needed to check Chinese certificates for fakes or forgeries? If so, you are not alone.
Regrettably, it is quite common for some unscrupulous Chinese companies to use fake or altered certificates, unfairly tarnishing the reputation of the majority of companies that do the right thing.
In this article we introduce 5 techniques you can use to check Chinese certificates are legitimate, so you can steer clear of the companies that hand out fakes.
If you're travelling to meet or dealing with a Chinese company it is worth bearing in mind that there are several different types of Chinese currency.
Depending on whether your business is in Mainland China, Hong Kong, Macau or Taiwan you could well need to be looking at 4 different exchange rates.
Here we introduce each of the 4 Chinese currency currently in use in "Greater China" - the Renminbi, Hong Kong Dollar, Macau Pataca & New Taiwan Dollar.
Have you ever wondered how and why Chinese company English names are chosen?
Many articles have been written discussing how foreign companies chose their Chinese name, but there has been very little analysis about the opposite situation.
China Checkup decided to take a closer look at this issue. Our research has identified how and why Chinese company English names are picked and we have categorized the different approaches Chinese companies have taken.
Read this article to learn about the 7 key China supplier documents which you should request from your supplier to help protect your business.
Requesting, checking and verifying Chinese certificates can be a great way to build trust with your supplier, and if they are serious about doing business then they should be willing to provide them to you.
Chinese companies often display dozens of certificates in their showroom, or on their website, but many are of little relevance. In this article we highlight seven of the most important China supplier documents you should focus on.
The possibility of finding details on offshore Chinese companies depends primarily on the jurisdiction in which they are registered.
Such companies aren't registered in China, so registration information isn't going to be found there. It is necessary to identify the country in which they are registered and lookup details on that country's system.
This article provides guidance, and lists useful resources, for getting registration information about offshore Chinese companies.
For multinational companies operating in China risk management is a subject never too far from the boardroom table.
Many foreign companies have come unstuck assuming that the checks and balances they have in place in their own country will work equally well in China.
This is usually not the case, so we asked China risk management expert Will Tang to share some of his best techniques for protecting your supply chain.
If you saw a list of company names in Chinese it would usually be safe to assume that they are companies from Mainland China, Hong Kong or Taiwan.
But did you know there are some other countries where it is possible to register company names in Chinese?
In recent years some countries have found a new stream of clients from China, a process which they help facilitate by allowing companies to be established with an official Chinese name.
Apart from the ubiquitous sourcing b2b platform alibaba.com, do you know any of the other Alibaba ecommerce platforms?
This article gives an overview of the Alibaba ecommerce platforms, most of which are aimed squarely at China's domestic market - notably the country's largest online marketplace Taobao.
With so many products being made in China it comes as no surprise that China shipping ports are among the busiest in the world.
We've looked up the figures, and in this article present the 8 China shipping ports which handle the most shipping containers.
Finding and assessing a China manufacturer is a necessary process for more and more companies, as increasing numbers of businesses choose to source products in China.
This research process can pose difficulties for companies so here we look at common methods for finding manufacturers in China and gathering a short-list of potential suppliers.
Introduced in October 2015, the new 18-digit Chinese business registration number is being quickly adopted by companies across Mainland China.
Appearing on the Chinese business license, this new number is the most clear manifestation of the huge overhaul of the company registration system, carried out by authorities in their impressive modernization drive.