We sometimes get this question from clients who don't have a long experience of working with Chinese suppliers: We have been customers for a long time but they still refuse to give us credit. Is that typical/normal? And the short answer … [Read more...]
Tough negotiations of payment terms with Chinese suppliers
Many purchasers are unfamiliar with what is commonly negotiated by other buyers in China, and this is especially true when it comes to payment terms. Some suppliers take advantage of it by requesting terms that are very favorable to … [Read more...]