Why Contracts Don’t Matter when Importing from China
We love contracts in the West. We’ve all had a grandparent or other older person remind us “I remember when a handshake meant something”. And whenever I’m told this, I
remind them that in their days they also never had Legal Zoom!
China isn’t necessarily a country frozen in time where handshakes still mean something. However, for smaller importers, contracts with your Supplier are rarely a necessity, at least how we know them in the West. I deal with many of my Suppliers without a “contract”....
