Tag: Business in China, Chinese Suppliers, Contract, Mike Bellamy, payments, Payments to China, PO, safe sourcing, sourcing in china, terms
What payments methods and terms should I use to pay a supplier?
A reader recently wrote in to ask: “what method of payments do Chinese suppliers prefer ? “ Chinese suppliers prefer 100% in advance via bank transfer (or better...
Can I Buy On Credit from China?
Can I purchase goods on credit and after I finish selling them, pay the supplier? In other words, can a person buy on credit if he or she does not have money but...
Keeping the buyer safe and fulfilling the procurement
What are the often overlooked parts of a purchase order that could help to keep the buyer safe and fulfill the procurement? Dear Suhas, If you are placing a PO to a...
