How to negotiate a purchase contract with Chinese supplier properly? Part 3

July 23rd, 2008  by China Business Success Stories

Negotiate purchase contract 3The question for dispute settlement is lawsuit or arbitration. When I just graduated from law school and joined a big import & export company, I was asked by the general manager to review their sales contract. The first thing I noticed on the contract was that the dispute settlement clause said that both parties can choose litigation and arbitration as dispute resolution methods.

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