A woman in a protective mask walks along a street in Wuhan, the epicentre of the coronavirus outbreak. Photo: Xinhua

China offers force majeure escape clause for factories that breach supply contracts as coronavirus shutdowns leave assemblies idle

  • The agency that promotes China’s foreign trade issued a force majeure certificate to the Zhejiang-based manufacturer in a bid to forestall any contractual claims against it
  • The rapid spread of the coronavirus has heightened the risk of contractual defaults by the country’s exporters
Topic |   Coronavirus pandemic
A woman in a protective mask walks along a street in Wuhan, the epicentre of the coronavirus outbreak. Photo: Xinhua
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