Vigilance needed to avoid being defrauded by China-based suppliers

A section of the audience during the afternoon segment of the Forum

First Secretary in the Chinese Embassy in Guyana, Jason Zhang yesterday urged Guyanese businessmen to exercise more diligence when trading with suppliers in China to avoid becoming victims of fraud.

The caution came during his presentation at yesterday’s Business Development Forum held by the Guyana Manufac-turing and Services Associa-tion (GMSA) ahead of the opening of GuyExpo 2013.

Several stakeholders from different sections of the Guyanese business community as well as members of the international business community attended the Forum to hear presentations of strategies aimed at making their ventures more successful.

Bilateral trade between Guyana and China jumped from US$147 million in 2011, to US$226 million in 2012,