You are quite unfortunate if you cannot contact a supplier in China either via emails or phone calls after having signed a contract or a purchase order with him and then made the advance payment.
This post was first published in CJO GLOBAL, which is committed to providing consulting services in China-related cross-border trade risk management and debt collection.
You may have met a supplier who intentionally defrauds you. And he probably has never had the intention to deliver.
You may also have encountered a supplier who lacks business ethics. And he probably intends to delay delivery after signing the contract or force you to change the trading price.
Anyway, they will frustrate your expectations of the deal. What can you do at this point?
You can terminate the contract with this supplier so that you can claim back your paid amount. You can refer to our article “How Do I Terminate a Contract with a Company in China?”.
You need to figure out the official Chinese name of this company. You can refer to our article “Find China Supplier’s Legal Name in Chinese to Avoid Scams“.
If this Chinese company is deregistered or bankrupt, you can claim against its liquidation group. You can refer to our article “What Happens to My Debts When a Chinese Company Is Dissolved or Goes Bankrupt?”.
The Cross-border Trade Dispute 101 Series (‘CTD 101 Series’) provides an introduction to China-related cross-border trade dispute, and covers the knowledge essential to cross-border trade dispute resolution and debt collection.
* * *
Do you need support in cross-border trade and debt collection?
CJO Global's team can provide you with China-related cross-border trade risk management and debt collection services, including:
(1) Trade Dispute Resolution
(2) Debt Collection
(3) Judgments and Awards Collection
(4) Anti-Counterfeiting & IP Protection
(5) Company Verification and Due Diligence
(6) Trade Contract Drafting and Review
If you need our services, or if you wish to share your story, you can contact our Client Manager Susan Li (susan.li@yuanddu.com).
If you want to know more about CJO Global, please click here.
If you want to know more about CJO Global services, please click here.
If you wish to read more CJO Global posts, please click here.
Photo by Sean Benesh on Unsplash
Contributors: Meng Yu 余萌
