Wed 29 Apr 2009
Trading business in China does not work that easy.
Posted by Kim Schiefer under China Business, experiences in China
Comments Off on Trading business in China does not work that easy.
Well, some people just can not listen. A friend of mine (who does not care if I make some fun of him in my blog) had a good business idea, he did not want to tell me about at first. Still easy to guess: the idea was basically to import goods from China and dont sell them to customers but to wholesalers. Thats nothing new and also the goods were nothing new (some electronics, whatever). Unfortunatly it does not always work that easy anymore (actually it never does). Of course the wholesalers he contacted had cheaper suppliers already. Probably you can also find his products for a cheaper price on ebay. Not that it matters much now, because the second problem is, that he already ordered the goods and paid 30% in advance to a Chinese friend he knew from his last stay in China and who promised him to take care that everything in China works well (he visited the company, checked the goods…). The Chinse friend told him he had already paid the supplier but refused to give him the address or company name. And this Chinese “friend” appearently promised the supplier more payments and more orders in order to persuade him to deliver a quite small amount.
Now they have to figure out how they solve the problem. My guess: The “friend” still has the money. If you want to export goods, you need an export license. Unless the supplier has this export license, the “friend” needs a trading company to take care for the shipment. And until now he refuses to give any contact data but insists on the whole payment first.