Though we have written about this scam a few times previously, I HAVE to write about it again because it just keeps happening, in even greater numbers and in even more diverse circumstances. And this is the one fraud to which I have time and time again seen extremely savvy and sophisticated companies fall prey.

When foreign companies call to have us draft their Chinese supplier agreements (a/k/a OEM Agreements), we explain their basic points, usually consisting of the following:

1. We usually like the official version to be in Chinese. If something goes wrong, they usually will need to be enforced in a Chinese court and putting them in