Payment to an account in Hong Kong or Singapore when importing from China

When you have already chosen a product you want to import and found its manufacturer, you must pay for the order. Chinese suppliers often ask importers for payment of the amount due to the bank account not in Mainland China but, e.g., in Hong Kong, Singapore, or Vietnam. Such a situation should be a warning sign for you. Why not agree to this condition? What does it mean for an importer?

Payment to an account in Hong Kong or Singapore
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