Quiz : Selling To China
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Question 1 of 5
1. Question
When selling to China, if I do not have a presence on the ground in China, I do not need to consider Chinese laws and regulations.
CorrectIncorrectHint
Be aware, and in compliance with Chinese laws and regulations when selling to China, whether or not you have a presence on the ground in China.
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Question 2 of 5
2. Question
Once initiated, sales contracts and relationships (such as agent/distributor/licence/franchise) should be maintained through continuous monitoring.
CorrectIncorrectHint
If you don’t monitor your business in China you may find things have changed without your knowledge.
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Question 3 of 5
3. Question
There are many options to consider before selling online to China, and regulations change frequently.
CorrectIncorrectHint
New options come online all the time and regulations can & do change at any time.
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Question 4 of 5
4. Question
My distributor wants me to ship to Hong Kong, is this okay?
CorrectIncorrectHint
They may be using grey market (quasi-legal) channels to get the product into Mainland China so you need to check if this is a legally compliant route.
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Question 5 of 5
5. Question
One agent/distributor can easily access the entire China market.
CorrectIncorrectHint
China is huge and few organisations have the network & channels to access & service the entire market. So geographic scope should be kept in mind when signing agreements.