A Letter of Credit Pays Documents, Not the Story You Told the Factory

A letter of credit feels safer than a raw wire because a bank is in the middle. That is only half true. Under ordinary...

Force Majeure in a China Factory Contract Is Not a Blanket Excuse for Being Late

After a port jam, a power cut, or a sudden holiday extension, some suppliers reach for one sentence: force majeure. Used correctly, it is...
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