In Shanghai, the citywide lockdown from 1 April has continued into May and more cities are experiencing epidemic control and prevention measures. As a result, companies may face difficulties rendering contractual obligations, for example inability to continue manufacturing goods or performing services under terms agreed in commercial contracts signed before the lockdown. Under such cases,…
Read moreCategory: Corporate
On Saturday, 16 April 2022, the Shanghai Commission of Economy and Informatization issued a guideline (‘Guideline’) for industrial enterprises. The Guideline is for certain companies to start resuming work and production with controlled risks. Overall, enterprises that are required to return to work shall implement robust controls to prevent the spread of COVID-19. And designate…
Read more
The State Government has released several policies to support businesses especially small and micro enterprises during this period The recent wave of COVID-19 in China has severely impacted many business operations. With area or city-wide lockdowns and confirmed cases rapidly increasing per day, businesses are facing cash-flow and staff shortage challenges. The State Government has…
Read more