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Capitalizing Force Majeure Certificates to Reduce Losses in Coronavirus Outbreak

CCPITJS

2020-04-22

 

Until February 7th, Jiangsu CCPIT System handed out 85 certificates of Force Majeure for 48 Jiangsu companies involving products like mechanical and electrical equipment, photovoltaic materials, auto parts, electronics, hardware, clothing and overseas projects, reducing an estimated loss of 286 million USD for the companies.

 
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