Over Coming Problems When Importing from China

Nowadays you find products made in China everywhere

. Importing from China brings both excitement and fear to many buyers. There is the possibility of big earnings from a successful import business of selling products imported from China. Yet, there is the problem of transacting with the Chinese who have a totally different business culture.

There are several myths and problems associated with China importing business and let us see how valid they are:

Payment options are limited

There was a time when Chinese businessmen only accepted Western Union transfers and wire transfer payments or bank transfers which were not secure. However, with the recent advancement of the Chinese businesses in the international import export business, many internationally acceptable payment options are now available. If the supplier requests for credit card payment, it would be best to channel it thru third party processors like PayPal. Sensitive credit information will not be divulged to the sellers and the buyers can order payment to be withheld if there are problems with the delivery or transaction. If the agreement is for bank transfer, the safest would be to transfer to a company bank account and not a personal bank account.

There are other international payment options such as letter of credit (L/C) drawn at sight which is the most popular, time L/C or bills of exchange. Each payment option comes with its own advantages and risks. What is important is that at all times keep a documented record of all payment transactions in case you need to file a dispute case.

Chinese businessmen will cheat you after you pay.

Start off by learning more about china import export business so you know the intricacies of the trade. If needed, undergo an import export business training program or get a reputable import expert coach to teach you. Prevent businessmen from cheating you at the start by looking for a reliable manufacturer or supplier. Use payment methods that are reliable and can protect you from fraud. Better yet, get a reliable import export agent will be a big help in negotiations.

Communication is difficult.

Chinese manufacturers and suppliers have staffed themselves with English speaking sales people who can communicate efficiently. They are now more visible on the internet and have communication tools such as messaging and chat using Skype, Yahoo Messenger, GTalk and other tools where initial talks can be made and requests for photos, information and quotations can be done. When communication might be a problem with companies who do not have English speaking staff or interpreters, getting an import export agent would prove useful. He will ensure that complex issues will be understood and requests or commitments are clearly communicated both ways.

Chinese products are not safe and quality is poor.

There have been several reports of recalls for products that are manufactured in China, which brings to the forefront of people's minds that there is no guarantee of quality when you import products from China. Some big names in China's import export business say that the manufacturers are not wholly to blame as they just follow the specifications given to them by the customers. To ensure that China importations are safe, importers should find out the safety compliance standards of the end market and communicate these exact specifications to the manufacturer. It is also best to get a sample order first so the quality of the product's quality and safety can be seen firsthand.

If in doubt, the next best thing to do would be to get the services of a reliable import export agent who will do the work for you and assist you in your business transactions. Keeping all these things in mind would help you ride the bandwagon on importing cheap products from China and build up a profitable import business.

Over Coming Problems When Importing from China

By: Harry Broadbent

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