Search Results: payment terms
Negotiating Payment Terms: Medium Sized Orders The following blog post is to give some tips if you find yourself negotiating reasonable payment terms for the first time with a supplier. The target audience are buyers who are purchasing between 10K USD and 100K per given order. If you are larger, you may wish to explore…Read More
Today, I just want to be a little bit better-rounded and explain that sometimes the agents are very good but sometimes they’re the root cause of problems. In this blog post, I’d like to share about the bad, the ugly, and the good when it comes to agents and middlemen Bad, Ugly, and The Good…Read More
Look at the product portfolio on the supplier’s website landing page. They’ve got a snowmobile, Segway, jet skis, bicycles, motorcycles, and even more variety when you look deeper. Come on! Not even Mitsubishi, Sony, General Electric, Philips, and Ericson combined have this type of product portfolio. So something is very fishy here. Most likely, it’s…Read More
PPE Part 3: Does the Chinese seller actually have the ability to export the PPE out of China? Insider’s Guide: How to buy PPE from China during Covid-19 pandemic. A growing number of people are looking into buying PPE from China for supply as the world scrambles to source equipment during the Covid-19 pandemic. Confirm…Read More
China Trends (Part 2): How to spot the red flags of good relationships going bad before it is too late.
China Trends (Part 2): Increase chance your “good supplier” will turn bad in the next 12 months. Learn how to spot the red flags before it is too late. Red Flag Assessment: Want to make sure you are safe? Why now? Spot the red flags before it is too late! Beijing continues to aggressively pivot…Read More
Need more info on Penalty Clauses while sourcing from China? Click here to do your due diligence on using penalty clauses while sourcing from China. Need more info on Penalty Clauses while sourcing from China? Read more to do your due diligence on using penalty clauses while sourcing from China. In today’s blog: we’ll answer…Read More
Are you looking at the best ways in managing quality when sourcing from China? Read some of our tips and best practices… Are you looking at the best ways in managing quality when sourcing from China? Read some of our tips and best practices… Can high-quality affordable goods be “Made in China”? We have all…Read More
Most people realize the importance of having a contract when doing business in Asia. But you may have questions about jurisdiction, penalty clauses, official language of the document, use of “chops” and such. The team at AsiaBridge Law specializes in structuring effective (and affordable!) bilingual contracts that protect our clients’ interests yet respect their business…Read More
Shipping rates continue to rise, experts expect the situation will remain problematic beyond Christmas and Chinese New Year. China Shipping 2021: Background and why we wrote this article There are plenty of articles out there explaining the factors that contributed to this mess (Covid, Price Gouging, Shifts in Supply/Demand…) and no shortage of pundits offering…Read More
Whether you’re buying at the wholesale or retail level, the main problem is two-fold: stability of the supplier & stability of the supplier’s supplier! What are the two main problems when buying at the wholesale or retail level? The seller can be here today, gone tomorrow. The other problem is that both at the wholesale…Read More
Let’s say you have developed a great supplier in China that ships affordable products, on time at the agreed quality level. You are aware that the Chinese domestic market is full of potential customers. If you want to explore the opportunity to leverage your Chinese supply chain to capture China-based customers, then this…Read More
Audits and Inspections Overview In this post, you will find the standard factory audits and product inspections as an essential part of the quality control when sourcing products from China regardless of the order volume. Only a naïve, new-to-China buyers would ever make final payment without inspecting the order before it leaves China. Some…Read More
Thanks to online directories like Alibaba and Global Sources, it is pretty easy to come up with a long list of potential suppliers. But it is not so easy to take this long list and narrow it down to the best one single supplier in all of China for your particular needs. While the directories…Read More
Frequently Asked Questions English Speaking Chinese Lawyers: AsiaBridge Law How are legal fees kept low? Expand Quotes from AsiaBridge Law are not based on the perceived depth of our client’s pockets. The fixed pricing structure applies to all clients regardless of industry, size, sex or nationality. AsiaBridge Law leverages scale to offer clients a lower rate…Read More
How can you tell if you are talking with the factory owner? You want to go straight to the source to find out about the production of your products. You might ask him … “How many of your employees are from Hunan province? How many from Sichuan? How many from Guangdong?” The trading companies that…Read More
How do you know if a supplier is a trading company? This article is the second in a series Why should you assume that all potential suppliers are middlemen? … and we are going to talk about how do you know if a supplier is a trading company? Assuming that you want to go factory…Read More
Using China bilingual contracts to protect your interests-even during a trade war! An effective & affordable tool to enforce quality, price & lead time. Top 10 lessons for Supplier Contracts- learned the hard way during 20 years in China Introduction: In an earlier blog post “Trade War Strategies: Preventing your suppliers from violating your patents” we…Read More
Insider’s Guide: How to buy PPE from China during Covid-19 pandemic. A growing number of people are looking into buying PPE from China for supply as the world scrambles to source equipment during the Covid-19 pandemic. Introduction to our series on buying PPE from China during the Covid-19 pandemic. A growing number of buyers are…Read More
How to find an affordable lawyer in China that speaks English!
4 step guide to find, contract and pay an affordable lawyer in #China that speaks English!
Having both a local Chinese Lawyer and an International Business Advisor can complement your Legal team to not only save you money, but also offer deeper insight than hiring just one or the other. Force Majeure – a clause found in a contract to remove liability for natural and unavoidable catastrophes. Having both a local…Read More
Introduction to how to select a lawyer when doing business in China Are you planning to invest in China? Are you buying from China? Wanna sell to China? Regardless which group you fall into, you probably already realize that there are major differences between the legal system in China and back home. To emphasize this…Read More
Client Testimonials Given the sensitive nature of most cases, we are grateful to the clients who have graciously offered the following testimonials and allowed us to share their identities. “I need to give ABL a big ‘thank you very much’! ABL did a great job for me. They assisted me by getting a refund for…Read More
For the past few years, I have had the pleasure of being invited to Australia to speak at the International Sourcing Expo in Melbourne and Sydney. You can find information on the Australia International Sourcing Fair and seminars (past, present and future at http://www.internationalsourcingexpo.com/seminars/. Sourcing in Asia Today at the Australia International Sourcing Fair My…Read More
Do you want to learn How To NOT Get Knocked Off When Sourcing From China? If you are asking these kinds of questions, this article is for you! I got a great idea, but I worry that it will get knocked off by the factory? I’m not sure if I should file the patent…Read More
Looking to source in Asia and need a Red Flag Assessment on the potential suppliers you’re vetting? Let us help you with your assessment. The experts at AsiaBridgeLaw.com have seen 1000’s of scams & fraud. Put us to work for you! Typical customer? The Red Flag Assessment is the ideal tool for clients who want…Read More
Corporate Assessment (CA): Stability, Assets & Reputation Report | Do you need a Corporate Assessment performed on a company you’re doing due diligence on? If so, read below to learn about what goes into a corporate assessment and how AsiaBridge Law can help. Do you need a Corporate Assessment performed on a company you’re doing…Read More
The Corporate Assessment (CA) is the idea tool for clients who want viability into the stability, assets & reputation of a target company.
This report is particularly of value to clients who are thinking about litigation against a Chinese company. If a company doesn’t have assets, it’s not worth the effort to fight and win only to remain uncompensated!
If the subject company has assets and is being sued by others for similar reasons, it could be an opportunity to combine resources.
The subject company will not know the assessment is taking place.Read More
Practice Areas – AsiaBridge Law Are you looking for legal support in Asia? Click here to see the complete list of practice areas AsiaBridge Law supports for our clients seeking legal aid. The following services are available in some or all of our coverage areas. Due Diligence & Monitoring Corporate Assessment (CA): Stability, Reputation &…Read More
More than once, when I review Purchase Agreements (PA) that buyers have already signed with his or her supplier, I’ve found that actually what he signed is a Purchase Order (PO). What are the differences between a PO and a PA? A Purchase Agreement is an agreement signed by both buyer and supplier focused mainly…Read More