Preventing fraud in China is a challenge for foreign companies, not only because new reforms (which often create legal gray areas) are introduced with a high pace, but also because local law enforcement agencies often have considerable leeway in interpreting those reforms.
Frauds are especially a problem for small and medium-sized enterprises, as they don’t have the resources for implementing a strong control mechanism.
Read this article on china-briefing.com to get an oversight about the most common types of frauds threating foreign companies in China.
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