Beware of Chinese executives bearing large contracts
Your big break has finally come. A new Chinese client has just placed a sales order so huge, with terms so favorable, that it leaves your boss envious, the lawyers numbed and you breathless about how to spend your obscene year-end bonus. What are you waiting for?
Welcome to the new world of fraud, Chinese style. You may be a victim and you are not alone.
So what went wrong?
A new kind of commercial fraud has recently evolved and become commonplace in China… (Read the entire column here).