We talk with Jason Chang, Of Counsel at DLA Piper, on best practices for doing due diligence on China suppliers of PPE and medical equipment.
3:50 – Basic product quality and safety due diligence
9:40 – Engaging third party inspectors in China
11:50 – Engaging third party agents for sourcing product
15:55 – Anti-bribery and fraud prevention
20:06 – Diligence requests to and background research on your counterparties
25:18 – Documenting the terms of the transaction in your contract (and getting a lawyer)
30:31 – Identifying red flags and making the decision to walk away from an offer
33:55 – Reputational background search on other key players in the transaction
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