What are the first steps to conduct due diligence on new suppliers? How can a small business halfway across the world assess the reliability of prospective partners? And if things go wrong, what recourse is there?
To help you answer these questions, the EU SME Centre and the China-Italy Chamber of Commerce have organised a webinar on 31 August 2022, How to Minimise Risks of Scams.
Chapters
00:00 Introduction of the webinar and speakers
01:11 Agenda
03:43 Services provided by the EU SME Centre to European SMEs
06:43 Introduction to the China Italy Chamber of Commerce
08:50 How to identify potential scams early
15:51 Six red flags for scams
22:18 Six actions businesses can take to prevent scams
22:43 What does a Chinese business license look like?
23:05 How to check Chinese businesses on governmental and credit platflorms
27:59 Actions you can take against scammers
31:44 Criminal procedure against fraud
39:37 Civil action options
49:58 Case studies: arbitration and court
54:44 Q&A session
55:07 What can be done before escalating to civil action?
58:23 Is there a governmental desk to help companies act against scammers?
AGENDA
16:00 – 16:05 (Beijing Time) / 10:00 – 10:05 (Brussels Time)
Words of welcome
Presentation of the EU SME Centre | CICC | Introduction of the speakers
16:05 – 16:30 (Beijing Time) / 10:05 -10:30 (Brussels Time)
Common scams and how to avoid them
Alessio Petino, Business Advisor, EU SME Centre
16:30 – 16:50 (Beijing Time) / 10:30 – 10:50 (Brussels Time)
Steps SMEs can take after falling victim to scams
Eloisa Hu, Lawyer, Wang Jing & GH Law Firm
16:50 – 17:00 (Beijing Time) / 10:50 – 11:00 (Brussels Time)
Q & A session
SPEAKERS
Alessio Petino
Business Advisor, EU SME Centre
Alessio Petino has worked for 6+ years on various EU-funded projects in China, mainly conducting policy and regulatory analysis for European companies looking to enter or already in the Chinese market. Key focus areas: market access regulations and barriers, investment attraction policies, standards & compliance – with particular focus on R&D, tech & innovation.
Alessio joined the EU SME Centre in October 2020. He coordinates reports, guidelines and technical assistance to European SMEs; he also delivers training about different market entry approaches and engagements with China, opportunities and risks, as well as do’s and don’ts.
Eloisa Hu
Lawyer, Wang Jing & GH Law Firm
Ms. Eloisa Hu is a PRC lawyer. She provides legal service in trademark, data protection, commercial disputes, labour disputes and foreign direct investment projects. Her prior study and work experience in Spain and Latin America gives her linguistic and cultural advantage when offering professional services to overseas-related clients.
Ms. Hu is also active in legal seminars and activities organised by foreign chambers of commerce and consulates in Canton. She has been a speaker on various legal topics such as Foreign Investment Law, Chinese labour laws, and Intellectual Property in different seminars.
ON THIS TOPIC
To find out more on this topic before tuning in to our webinar, read our article with a list of common red flags signaling possible scams and early steps to take to protect your business.
