Save the Bachelor of Heaven

Another problem is the increase in counterfeit and shoddy products.

Because Yiwu Small Commodity Market developed early, it began to develop in 1982. By the 1990s, it was already well-known throughout the country. In 1992, the State Administration for Industry and Commerce officially named Yiwu Commodity Market China Commodity City. Yiwu Small Commodity Market began to become a banner of the Chinese market.

Therefore, it has attracted more and more merchants from all over the world to negotiate business, and the annual transaction volume has reached more than 10 billion.

But because of the huge profits, many people have begun to take desperate risks and produce substandard, non-compliant, and illegal counterfeit and shoddy products to harm customers.

After these products were sold by dealers across the country, they caused a series of problems. For example, shoes fall apart after just a few steps, power strips are of poor quality and burn out electrical appliances, clothing of poor quality fades after just one wash...

Various problems have tarnished the brand name produced by Yiwu. Many merchants are afraid to purchase goods because of the proliferation of fake goods here.

As soon as consumers heard that the goods were produced by Yiwu, they were afraid to buy any more, causing the sales of Yiwu small commodities to be affected. Even consumers in the United States heard the news and questioned the quality of these goods from China.

This put pressure on Xiang Nan, who made him fly back to Yiwu specifically to deal with this matter.

…

"Brother Ji Feo, if you don't pay back the money you owe, you don't have to be polite. Just go to a lawyer to sue." After Xiang Nan returned to the mainland, he directly told Chen Jianghe, "In business, kindness does not control soldiers, and justice does not manage finances. What do you say to those scoundrels?" Morally, they think you are easy to bully."

"Fighting a lawsuit? Isn't that good?" Chen Jianghe said worriedly.

Firstly, it is caused by traditional concepts. After all, Chinese people believe that "you will not enter the officialdom when you are alive, and you will not go to hell after death." Litigation is not a good thing for them. If it can be resolved through negotiation, it is best not to go through the government.

Secondly, litigating a lawsuit is very troublesome. The prosecution, trial, sentencing, appeal, retrial, retrial, and finally execution can take up to a year or a half to complete. And how can we afford it for such a long time? It's better to negotiate and negotiate, maybe there's still a chance.

"Hey, if you think like this, you are playing into the hands of those scoundrels. They know that you have this kind of mentality, so they deliberately delay and refuse to give you money." Xiang Nan waved his hands and said, "Actually, they may not have any money, but look It's true, but if you don't dare to take action, then people will naturally keep dragging you.

If you delay for ten or eight years, then I will give you the money back. Will the money ten years ago be the same as the money ten years from now? Ten years ago, one yuan could buy a lot of things, but now one yuan can buy a lighter. "

Chen Jianghe nodded.

The purchasing power of the same dollar ten years ago and ten years later is completely different. He was owed millions of dollars for goods. Even if he didn't invest it, he would just put it in the bank to earn interest. In a few years, the interest would be over hundreds of thousands.

"Don't think that litigating is a bad thing. You can litigate for anything like foreign countries." Xiang Nan advised, "Let me tell you something. There was an old lady in the United States who went to a coffee shop to drink coffee and accidentally spilled her coffee. The skin was burned, and people hired lawyers to sue the coffee shop for compensation. What do you think the result was?"

"What else can I do? If I spill the coffee myself, then I'll be in trouble." Chen Jianghe thought for a while and said.

"Wrong, I was compensated US$640,000." Xiang Nan smiled.

"How much?" Chen Jianghe was shocked and couldn't believe it.

Six hundred and forty thousand US dollars, several million yuan. It sounds like a fantasy to be able to claim so much money for just a small burn.

"Because the old lady investigated and found out that in order to create a fragrance to attract customers, the coffee shop specially set the temperature above 80 degrees. Such a temperature can easily cause burns. Because of this, the judge found the coffee shop guilty. Therefore Only $640,000 in compensation was awarded.”

Xiang Nan smiled and said, "You see, just because of this reason, people can litigate and win. You are clearly owed millions, and you still dare not ask for it openly. How can you not even ask an old American lady?" Not as good as anything?”

Chen Jianghe nodded.

"Actually, litigating a lawsuit is not as difficult as you think. Just hire a lawyer and hand over the evidence to him. Then, there will naturally be a lawyer responsible for litigating the lawsuit, and you don't have to worry about it." Xiang Nan said with a smile, "As long as you If you have a reasonable basis, they will handle it for you. Leave it to professionals to tell you the truth, I have a private lawyer to help me deal with all kinds of troubles.”

"Are you in trouble too?" Chen Jianghe said in surprise.

"A big tree attracts the wind, who can live without trouble? Many times, peace is not just what you want," Xiang Nan waved his hand and said with a smile.

He has caused a lot of troubles over the years, including financial problems, work problems, real estate problems, investment problems, and so on.

Last year, a woman claimed that he molested her at a cocktail party and demanded $3 million in damages. But in fact, Xiang Nan had never been to that cocktail party.

Chen Jianghe nodded, and then followed Xiang Nan's suggestion to file a lawsuit against the boss who owed him the money and hired a professional lawyer to take charge of the case.

Finally, three months later, the boss was sentenced to compensate Chen Jianghe for the debt he owed, as well as the interest during the default period.

The boss still wanted to delay, but the Executive Bureau directly froze his account and seized the shops, houses, cars, goods, etc. under his name. As a result, the boss didn't dare to be harsh anymore and obediently returned the money to Chen Jianghe.

…

Chen Jianghe's approach also inspired Yiwu's bosses a lot, and they later took up legal weapons and launched lawsuits against those who failed to pay back the money they owed.

It just so happens that the country is also promoting the rule of law and has proposed three major measures to resolve the "triangular debt".

First, cases involving triangular debts are given priority in filing, hearing and execution;

The second is to handle cases strictly in accordance with the law. For parties who do have the ability to repay but default on repayment, they must not only recover the arrears, but also be held liable for breach of contract;

The third is to untie the chain of "triangular debt" and make dead debt come alive. Many bosses in Yiwu not only owe people money, but are also owed money. You owe me, I owe him, and he owes you, which has become a circle of debts.

In Yiwu, this phenomenon is very common, so the debt settlement center mediates, clarifies the debts between merchants, and eliminates all the debts that should be sold...

The proposal and implementation of the three major measures effectively resolved the prevailing triangular debt problem in Yiwu. Moreover, major merchants in Yiwu have gradually formed a consensus, standardized the transaction order, and strengthened credit review.

We should unite as one and implement the strategy of paying first and then delivering the goods, with both payment being due, for merchants who maliciously default on payment.

As a result, those merchants who want to come to Yiwu to deceive and maliciously default on their debts will have no room to do business.

This also solves the problem of vicious competition of lowering prices and blocking each other, greatly improving the business environment of Yiwu.