Alibaba is a directory of suppliers, an online platform created to search factories and trading companies in China and other countries around the world. The site has also become one of the largest Chinese financial companies through the Alipay payment system. Due to the huge number of customers, Alibaba offers a wide range of payment methods, from credit cards to PayPal and letter of credit. If the seller does not ship the products within the agreed time or fails to meet all quality requirements, Alibaba Trade Assurance allows the buyer to apply for a refund.Continue reading
Choosing the right business partner from China is one of the most critical challenges that an importer should meet. It requires not only a lot of time but also a thorough verification of the contractor’s reliability. There are many ways to meet a potential business partner. The most common ones are Internet trading platforms and trade shows in China. Below we explain how to find a Chinese business partner.
Doing business online with the Chinese may seem as a big chance. In ordinary cases, online business is savvy, cost effective and easy: we save a lot of money, which would otherwise be spent on plane tickets, negotiations or onsite checks, so, in case of ordering simple, mass-produced goods, why bother? Obviously there are some risks, but some may say that if our potential partner has a status of a “golden supplier”, than what could possibly go wrong? Well, many things: it is not as easy as buying a book on Amazon.