APR
27
Comparison between China's new labor law and old labor law
Filed Under Trade dispute | 1 Comments | Viewed by:1379 Persons
The China labor law revision is an issue concerned by most dicision-makers of wholly foreigned-owned companies(WFOE), joint ventures(JV) and representitive offices(RO) of foreign companies in China. The new labor contract law which became effective on January 1st, 2008 will greatly influence the indust […]
APR
1
How to negotiate a purchase contract with China suppliers properly? Part 3
Filed Under Trade dispute | Leave a Comment | Viewed by:2539 Persons
(6) dispute settlement
a. Lawsuit or arbitration
The question for dispute settlement is lawsuit or arbitration. When I just graduated from law school and joined a big import & export company, I was asked by the general manager to review their sales cont
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MAR
28
How to negotiate a purchase contract with China suppliers properly? Part 2
Filed Under Trade dispute | Leave a Comment | Viewed by:2583 Persons
(3) price or remuneration
Factor in the rapid appreciation of RMB(Chinese Yuan) against USD and other main foreign currencies when you are negotiating the price and contract. The currency exchange rate should be based on the currency exchange rate ch
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MAR
27
How to negotiate a purchase contract with Chinese supplier properly? Part 1
Filed Under Trade dispute | 1 Comments | Viewed by:4088 Persons
I was approached frequently by buyers ripped off by Chinese suppliers. Oftentimes when I ask them to send me the purchase contract they signed with the suppliers, some of them will send me proforma invoice(PI), and some will say, no I don't have a contract or PI, I keep the receipt that I sen […]
