RE: For Once18 Jul 2019 14:52
I've been watching the chat for some time now.
I don't see what the fuss is. I do business with China all the time. This type of delay is normal, it means nothing, it certainly does not mean that they are short of cash, or reneging, or anything sinister at all. Things are different in China, its difficult to get money out of or into the country. It shows that Baba O'Reilly doesn't know what he is doing but it is no reflection on the Chinese, there is a lot of bureaucracy, its just the way things are. The culture is different and there are a lot of hoops to jump through, particularly when you are dealing from RMB to Yen to Dollars or Euro. The typical transaction involves a conversion from Rembi (Internal Chinese Currency) to Yen (External Chinese Currency) to Euro or Dollars. Its slow, but once everyone is happy, it gets done. The penalty for financial misconduct in China tends to guarantee that you don't get the chance to get caught a second time so people are naturally very careful.