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Online Sourcing: Cautions


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Size: 301.5 kB
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Downloaded: 3 053x

In the past few years, the development of online B2B platforms has made international trade much easier. Today, buyers from all over the world just need a few clicks to find suppliers through these websites.

 

The most famous Chinese B2B websites in this field are alibaba.com, madein- china.com and globalsources.com. As any other online marketplace it is impossible to avoid frauds in these websites. In addition, Alibaba has recently confessed that a group of its employees assisted some Chinese companies to commit fraud. Therefore more and more caution is required while searching for suppliers online. In order to be able to avoid unreliable suppliers, the first step is to know what types of frauds are common in these websites. Like other online marketplaces, it can be possible to register a company name in sourcing websites without having a legal business license. Therefore, you should carefully check the information of companies before getting involved in any business relationship. Two important legal documents that are the business registration and the export license of the companies that you find should be verified. For this matter, external audit companies based in China could be used, because it would be very difficult for foreign buyers to check Chinese legal documents.


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香港中国顾问国际有限公司杭州代表

 

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滨江区南环路4028号中恒世纪科技园7栋