Trade Dispute Advisory 1- Issued on Jan 3, 2012
Subject: Advisory for Indian businessmen/traders doing trade/business in YIWU city
Indian traders and businessmen are hereby cautioned not to do business with Yiwu in Zhejiang province. They should be aware that when there are trade disputes with Yiwu, the Indian businessmen/traders can be illegally held under detention and mistreated by Chinese businessmen there. Based on experience, there is no guarantee that legal remedies will be readily available. Furthermore, in case of disputes arising, experience suggests that there is inadequate protection for safety of persons. All people who have business/trade with Yiwu are cautioned against doing business there and all people who do not have business/trade with Yiwu are requested to be careful that they do not do business with Yiwu. Indian businessmen are cautioned to stay away from Yiwu.