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China allows trading companies to declare force majeure due to coronavirus

Trade agency will issue certificates to companies whose businesses have been hit by the outbreak. The acknowledgement that companies may not be able to fulfill contracts comes as the WHO declared a global health emergency

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Insurance claims are also expected to rise as business and manufacturing disruptions increase

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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