Many Chinese firms have been unable to meet contract obligations with international customers due to coronavirus-related transport and production delays. Photo: Xinhua
Many Chinese firms have been unable to meet contract obligations with international customers due to coronavirus-related transport and production delays. Photo: Xinhua

Coronavirus: doubts raised over whether Chinese companies can use force majeure to counter risks

  • More than 3,000 certificates were issued in February to Chinese companies seeking to invoke force majeure because of the coronavirus outbreak
  • But legal experts say the companies may be in for a ‘rude awakening’ if they think they will be let off the hook with international parties

Many Chinese firms have been unable to meet contract obligations with international customers due to coronavirus-related transport and production delays. Photo: Xinhua
Many Chinese firms have been unable to meet contract obligations with international customers due to coronavirus-related transport and production delays. Photo: Xinhua
READ FULL ARTICLE