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 their side. And it often leads to a typical "Chinese insane situation" where the buyer needs to guess what is going on in the supplier's head. Here are five questions that you should ask yourself in this case. Question 1: have I understood their … [Read more...]
Quality Assurance, Product Development, and Purchasing Strategies in China