Re:It seems my Chinese supplier has stolen $50,000...do I ha...
by rst on Friday February 04, 2011 @05:17PM
(#2181520)
Well, here's one reason: http://articles.latimes.com/2011/jan/28/business/la-fi-china...
By the OP's admission, they were late with some of their payments, and the Chinese counterparty could conceivably have some kind of a legal case against them. In which case, being in China could open them to getting sued in Chinese courts, which can be a tricky situation for Westerners. Not least because (as in this case), it can get difficult to leave the country once the case is in the courts.
(The linked article describes a case where a businessman was stopped at the airport because of a $250,000 lawsuit that he says he was unaware of. He was only able to leave after his family found the money.)
Re:It seems my Chinese supplier has stolen $50,000...do I ha...
by staunch on Friday February 04, 2011 @05:27PM
(#2181562)
Well that sure is a good reason not to go there, and also a good reason not to do business with Chinese companies.
Re:It seems my Chinese supplier has stolen $50,000...do I ha...
by ig1 on Friday February 04, 2011 @07:11PM
(#2181948)
I'm guessing Dmitry Sklyarov or David Carruthers might say the same thing about American companies.
Seriously though. Why not just fly there? It's a couple grand to likely get back $50k (cash or merchandise). People are far less mean in person.