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Crisis Management Through Force Majeure
On 30 January 2020, the World Health Organization declared that the coronavirus outbreak constituted a public health emergency of international concern. The full impact of the outbreak and the resulting precautionary measures imposed by the PRC and Hong Kong governments, as well as other countries, remains to be seen.
During this critical period, companies may face various difficulties in fulfilling their existing contractual obligations because of business disruptions.
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Posted on 2020/02/12