In China, Australian or international business rules do not...

In China, Australian or international business rules do not apply. There is still communist rules and everything else is dependant on 'Quan-shi". Knowing how Chinese does their business, I doubt RAN will get that money, this was already reflected in the sp, otherwise RAN's sp would been sitting high and pretty. Better to forget and move on. Next time they deal with Chinese buyers, the company must make connections with govt. Officials first and get introduced to a potential buyers, this way there is more insurance as long as your connection is entertained and benefit in some ways from your deal. Unfortunately, it is little bit like giving protection money to triads or mafias but that's how Chinese businesses and government still operate today. IMO, To break into Chinese market a lot more business and cultural understanding was required and also RAN is not the first foreign company who didn't get paid, there are plenty more.