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Caution warning to China exporters.(front page)(Brief article)

Business Credit

| June 01, 2006 | COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Global Credit Solutions (GCS Group) head office, located in Melbourne, Australia, has recently advised a number of clients located in China who have been exporting to India and Pakistan to take care with regards to payments of accounts. A number of cases placed for collection in both India and Pakistan have resulted in investigations revealing an alarming trend in both countries. Chinese manufacturers receiving orders for goods are shipping the products out on a POD or LC basis, and on arrival into India or Pakistan, the buyer ...

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