This Verified Supplier On Alibaba Is Pretending To Be Another Company
August 26, 2020
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*To protect the privacy of our client, we have changed his name to an alias. Most of the time, since international buyers do not know
Who We Are?
We’re a China-based company credit verification service provider committed to helping small business owners navigate the Chinese market. We help SMEs avoid the risk of falling prey to unscrupulous manufacturers and distributors by providing:
⦿ Credit Verification Reports.
⦿ Product Quality Inspection.
⦿ Supplier and Product Sourcing
THE PROBLEM
Why We Started This Business
In our past jobs, we found many problems concerning Chinese companies in international trade.
Chinese Companies Often Lie or Exaggerate
Chinese Companies May Not Respect Contracts
Credit Background Checks Are Expensive For SMEs
Many Chinese Alibaba suppliers are resellers of 1688.com
Chinese Companies Often Lie or Exaggerate
They may pretend to be other companies, use fake certificates, exaggerate their size and capability on its website or Alibaba profile; close down during business with you; change their name after being exposed as a scammer, etc.
Chinese Companies May Not Respect Contracts
China hasn’t established a solid social credit system, and many dishonest businessmen still lead a normal life. Loopholes still abound in Chinese laws to this day. That’s why China is planning to “build the rule of law (2020 – 2025)”. Instead of blindly trusting promises in your contracts, inspect product quality on-site to avoid costly mistakes.
Credit Background Checks Are Expensive For SMEs
Most professional law firms charge more than 15, 000 US Dollars for one single due diligence check. Many credit checking agencies in the world charge around 600 dollars for one credit report of a Chinese company.
Many Chinese Alibaba suppliers are resellers of 1688.com
1688.com (Chinese version of alibaba.com) is the biggest online wholesale market in China. The prices are lower and more transparent there than on Alibaba. If your desired products are not too complicated, hire an agent to place order directly on 1688.com can save you from a lot of trouble. If you need custom designed products, also try 1688 as a sourcing channel. More manufacturers are on 1688. But the language barrier proves to be a challenge.
HOW WE HELP
- Investigate companies with reports starting at just $39 USD.
- Product inspection service with anticorruption measures.
- Get a shortlist of reliable suppliers tailored to your needs.
- Bypass Alibaba, saving time and growing profits.
Real Cases From Our Clients
A Frustrating Experience In Seeking Chinese Facemask Suppliers
July 29, 2020
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*To protect the privacy of our client, we have changed his name to an alias. After the outbreak of the 2019 N-CoV, the selling of
Jackpot: Two Dishonest Companies In China In A Row
July 29, 2020
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*To protect the privacy of our client, we have changed his name to an alias. In today’s story, our client Luka – a German foreign