Chapter 3903: 3905【Dare to show your sword】

Chapter 3903 3905【Dare to show your sword】

Another problem is the increase in counterfeit and shoddy products.

Because the 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.

As a result, 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.

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

 Various problems have tarnished the signboards 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.

The pressure also put 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."

“Litigation? Not good.” Chen Jianghe said worriedly.

First of all, 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 **** after death." For them, going to court is not a good thing. If it can be resolved through negotiation, it is best not to go through the government.

Secondly, litigating a lawsuit is very troublesome. The process of prosecution, trial, sentencing, appeal, retrial, rejudgment, and finally execution can take more than a year and 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 in their hands, but look It's true, but if you don't dare to take action, then people will naturally keep dragging you.

Put it off for ten or eight years, and then I will pay you back the money. 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, I’ll be in trouble.” Chen Jianghe thought for a while.

“Wrong, I was compensated US$640,000.” Xiang Nan said with a smile.

640,000 U.S. 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 the coffee shop specially set the temperature above 80 degrees in order to create a fragrance to attract customers. 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, filing a lawsuit is not as difficult as you think. Just hire a lawyer and hand over the evidence to him. When the time comes, there will naturally be a lawyer in charge of the lawsuit, and you don't have to worry about it." Xiang Nan smiled, "As long as you If you have good reasons, they will help you. Leave the matter to professionals. To be honest, I have a private lawyer to help me deal with all kinds of troubles.”

“Are you in trouble too?” Chen Jianghe asked in surprise.

“A big tree attracts the wind, so who can avoid trouble? Many times, peace is not just what you want,” Xiang Nan waved his hand and said with a smile.

He has gotten into a lot of trouble over the years, including financial, work, real estate, investment...all kinds of troubles, to name but a few.

Last year, a woman claimed she was molested by him 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 defaulted on his debt 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 amount 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 the bosses of Yiwu a lot, and they later took up legal weapons and initiated lawsuits against those who failed to pay back the money they owed.

At the same time, 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 will be given priority in filing, hearing and execution;

Second, cases should be handled strictly in accordance with the law. For parties who are indeed capable of repaying 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 and clarifies the debts between merchants, and all the debts that should be sold are sold out...

The proposal and implementation of the three major measures have 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.

United as one, we will all implement the strategy of paying first, then delivering goods, and paying both goods to merchants who maliciously default on payment.

As a result, those merchants who want to come to Yiwu for deception and malicious default will have no room to do business.

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

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