A Great Contact If You Plan To Do Biz in China...

This is a discussion on A Great Contact If You Plan To Do Biz in China... within the Doing Business in China forum, part of the INTERNATIONAL LAW category; Originally Posted by Due Diligence If you're going to check out "China Trade Commission" or CTC really check them out ...

Consult Your Own Personal Lawyer Now!
Reply  POST NEW QUESTION

 

Thread Tools Search this Thread Rating: Thread Rating: 1 votes, 1.00 average. Display Modes
Old Apr 17th, 2012, 11:53 AM   #71
Junior Member
 

leocy's Avatar
 
Join Date: Jan 2010
Posts: 8

Default Re: A Great Contact If You Plan To Do Biz in China...

Quote:
Originally Posted by Due Diligence View Post
If you're going to check out "China Trade Commission" or CTC really check them out well, because they appear to be very suspicious. The domains were registered in July 9, 2011 by a Canadian Investment firm though they claim to have been created in 1996 and imply that they are a government agency. Their domain was apparently suspended for copyright infringement and the pictures of their staff are apparently phony. Outside of their own free press releases which are extensive and unverifiable -- any one can put out a free press release and say whatever they want to do -- there is no evidence that they have done any of the many things they claim to have done. When you consider their claims, you would think that there would be some mention of them over the 10 years the internet has been around put there is nothing but some children's shows. I suggest that you read: China Trade Commission is a Scam (fraudwatchers.org) before you pay them for any services.
Can't agree more, bump!
leocy is offline   Reply With Quote

Did you find this post helpful? Yes | No
Sponsored Links
Forming an off-shore company? We can assist you in forming your company in 40 countries worldwide.
Old Apr 23rd, 2012, 05:07 AM   #72
Junior Member
Country:  
000ursula's Flag is: UK
 

000ursula's Avatar
 
Join Date: Apr 2012
Posts: 2

Default Re: A Great Contact If You Plan To Do Biz in China...

Thank you so much for this...I sent my design protected idea to a manufacturer in China, and they have pinched my idea. Now I'm trying to stop them selling it into the UK!
000ursula is offline   Reply With Quote

Did you find this post helpful? Yes | No
Old Apr 29th, 2012, 10:22 PM   #73
Junior Member
Country:  
Oliver Zhang's Flag is: China
 

Oliver Zhang's Avatar
 
Join Date: Apr 2012
Posts: 6
Send a message via MSN to Oliver Zhang Send a message via Skype™ to Oliver Zhang

Default Re: A Great Contact If You Plan To Do Biz in China...

Quote:
Originally Posted by China Chick View Post
I read all the horror stories here and elsewhere about people getting scammed in China. I too have met about 2 dozen people who were ripped either on-line or with Chinese Export companies. But I have to tell you, if you take your time and do a little checking, you can cover your ass pretty good. I lived in China for 5 years and worked for the British Counsil. My husband imports on a daily basis with 9 different Chinese export companies. Neither one of us did ANY business with ANY Chinese company until we checked the black list at the China Trade Commission, a group of Canadians and American expats who have been investigatng Chines companies since 1996. Their web site is not fancy but they do a professional job of exposing the many scams:

www.ChinaTradeCommission.org

Not only can they identify the scammers for you, but they can also introduce you to legit people who have honorable reputations and no complaints and law suits. They do professional due diligence for MNCs, the M&A crowd, and small businesses like ours.

And when you do have a dispute or some *sshole who doesn't want to pay their invoice, these guys also do great on collections and arbitration. If you Google them you will find more info but here are a few links I found in the last 5 minutes.

China Trade Commmission - China Debt Collection No Longer Mission Impossible - Pay Up Or Lose Face - China Trade Commission

Far Away Foreign Cheaters Exposed On International Black List By China Trade Commission | PRLog

China Trade Commission - Cheated In China? The China Trade Commission Can Help You With International Black List

Don't fall for the invitation to come to China to sign some huge contract and requests for "gifts" and don't let anyone rush you with some bogus "deadline" for price increases. Its all BS. Honest Chinese companies will allow you 10-30 days to conduct due diligence.

One last thing... Contracts in China mean squat, because unless you are a MNC like Microsoft, or Procter & Gamble, you will never prevail against a local Chinese in most Chinese courts. Evidence and Testimony mean nothing when the judge is paid off nder the table. Don't pay a dime just because you signed an official and "legally-binding" contract. Pay only upon delivery or F.O.B. if you have an inspector in China to inspect the goods as they are loaded. Shipping defective, broken, and the wrong goods are quite commo, knowing a buyer's only recourse is a futile law suit. Use the CTC and you probably won't have to worry about crap like this.

Beside that website, you can check the company information for government website and find Chinese person help you investigate for you.

Beijing Lawyer of China: Oliver
4/29/2012
Oliver Zhang is offline   Reply With Quote

Did you find this post helpful? Yes | No
Reply

Bookmark & Share

Tags
due diligence, fraud, china trade commission, payment, scam

This thread has 72 replies and has been viewed 6179 times

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Format Your Messages
Add Forum to Google Toolbar
Forum Jump

Similar Threads

Thread Thread Starter Forum Replies Last Post
Check the China Trade Commission Fraud Black List BEFORE Doing Overseas Biz Scam Patrol Doing Business in China 98 Nov 9th, 2012 02:16 PM
It’s Big Biz v. Big Biz in High Court Patent Case WSJ Law Blog Law News 0 Apr 18th, 2011 09:20 AM
China criticises US plan for G20 FT News China News 1 Nov 5th, 2010 04:29 AM
Brazil and China eye plan to axe dollar FT News China News 0 May 18th, 2009 04:00 PM
China blocks ADB India loan plan FT News China News 1 Apr 10th, 2009 11:46 PM


Forming an off-shore company? We can assist you in forming your company in 40 countries worldwide.


All times are GMT -5. The time now is 06:45 PM.