Chinese Supplier Negotiations: Chinese Contracts
by Julian Righetti on November 26, 2012 in China Trade ,
While we are not lawyers and can not provide legal advice regarding the intricacies of Chinese contracts, we generally do use contracts when we purchase products. Chinese contracts are useful for us for a variety of reasons, but there are also significant differences between how Westerners and Chinese view contracts.
Chinese Contracts: Why are they useful?
Serve as a guideline for the manufacturer and clear up language ambiguities.
Chinese factories want to make sure they get paid. If you wire 30% or 40% deposit, the factory will sti