Paying your Chinese Supplier – Know your payment terms and options in advance | SourceJuice

Paying your Chinese Supplier – Know your payment terms and options in advance | SourceJuice: "Paying your Chinese Supplier – Know your payment terms and options in advance

Here at SourceJuice.com we get many questions from those beginning to source and import from China on how to pay Chinese suppliers from small to medium sized businesses to individuals starting their own business. For most people new to sourcing and importing from China, paying a Chinese supplier can be a very tough task and involve significant financial risk. Starting with this article, we will cover a variety of payment terms and resources from various websites that will help you learn from the experiences of many people and companies. In future articles we will go into more detail on the most widely used payment terms listed below which will be reviewed here.