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Lesson 5

Trade Vocabulary

Walk into Karachi Port Trust on a working morning. Containers stacked sixty feet high. Cranes lifting steel boxes the size of small houses. Bills of lading. Customs declarations. Phytosanitary certificates. Every one of…

There is more than one way to understand this. If you have only been taught one, you have been taught less than you deserve.

There is more than one way to understand this. If you have only been taught one, you have been taught less than you deserve.

Walk into Karachi Port Trust on a working morning. Containers stacked sixty feet high. Cranes lifting steel boxes the size of small houses. Bills of lading. Customs declarations. Phytosanitary certificates. Every one of these documents has a Mandarin equivalent that a Chinese exporter writes before the shipment leaves Ningbo or Shenzhen. The vocabulary you learn in this lesson is not classroom theatre. It is what gets stamped on the paperwork that decides whether your container clears in three days or twenty-three.

Set two, terms of trade. FOB, written 离岸价 lí àn jià, free on board, the price at the port of origin. CIF, 到岸价 dào àn jià, cost insurance freight, the price at the port of destination. Incoterms are three-letter codes that all global trade uses, but Chinese suppliers will often write the Mandarin version on their internal price sheets. Knowing both means you can compare a Sialkot exporter's quote in English to a Yiwu supplier's quote in Mandarin, and not lose a thousand dollars to a translation gap.

Set three, payment and quality. Dìng jīn, 定金, deposit, usually 30 percent up front. Wěi kuǎn, 尾款, balance payment, paid before shipping. Pǐn zhì, 品质, quality. Yàng pǐn, 样品, sample. Jiǎn yàn, 检验, inspection. The Pakistani importer who knows these five words can reject a substandard shipment in writing, in Mandarin, and a Shanghai supplier will take the rejection seriously. The same complaint sent in English through Google Translate is often quietly ignored. Language is a filter for who is treated as a real customer.

A small Multan exporter case. Saima ships dried mangoes to a buyer in Hangzhou. Last year her shipment was rejected because the moisture content was 14 percent and the contract specified 12 percent. The English email she sent disputing the rejection bounced between three departments for two weeks. Then her cousin, a Confucius Institute student in Islamabad, rewrote the dispute in Mandarin using the words shī dù, 湿度, moisture, and biāo zhǔn, 标准, standard. Reply came in 36 hours. Settlement in five days. Two words. Two weeks saved. That is the trade case for vocabulary.

Estimated time: 18 min