China has played an increasingly important role in world trade as the economy develops. China surpassed the United States as the world’s second-largest exporter in mid-2006, according to data released Thursday by the World Trade Organization, and the emerging economic giant is moving further and further.
In 2007, China’s trade with Japan, the world’s second-largest economy, surpassed America’s trade with Japan for the first time since World War II. China’s export growth outpaces all other major trading countries.
The “Made in China” label can be found on many products around the world. It is difficult to find a store in the West that does not sell products with the “Made in China” label. China has overtaken Japan in the past decade to become the largest manufacturer and exporter of consumer goods. It is now the world’s number one producer of more than 100 different consumer products. As most people know, products made in China are usually cheap and of high quality.
Many foreign buyers look to suppliers from China on B2B websites to compare the price until they get the lowest price. Many SOHO and small business owners play a trick. They use the lowest price to attract customers first and ask them to pay a deposit. Once the order is confirmed, they commit fraud during the process, such as slight changes in materials or increasing the sample charge when making models. However, many of the Chinese foreign trade companies and SOHO individuals do not have the ability to pay compensation to buyers for their losses.
Low price cannot say everything, buyers should not only consider the price, but also choose a good supplier. Like RICHFORTH LIMITED, which not only has the most competitive price, but can also provide you with top-notch service. RICHFORTH is a Sourcing Center dealing with most small and medium-sized businesses that accept and welcome all small orders. Even your financial sector has made adequate preparation to face the losses you may suffer, this is a lot of Chinese foreign trade companies and individuals that SOHO cannot do and avoid the price trick.
