Q: What method of payments do Chinese suppliers prefer?
A: Chinese suppliers prefer 100% in advance via bank transfer (or better yet- cash) and they would be very happy if you don’t bother to use a contract or PO. Some buyers are crazy enough to do business that way and if something goes wrong, they have no leverage.
I assume the question is really about what methods will Chinese suppliers accept, rather than what do they prefer, and if you are looking for payment methods that are fair to both the buyer and the seller, you may be interested in these links:
If you have any more questions about Chinese suppliers, please do get in touch so we can assist you in getting the right information.
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