News
11 February 2020

China offers force majeure escape clause amid coronavirus crisis

Region:
Asia-Pacific

The Chinese government has come to the rescue of a car parts supplier facing potential legal action for failing to fulfil an overseas order because of the coronavirus crisis.The move came as the rapid spread of the disease heightens the risk of contractual defaults by the country’s...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
26 August 2026

ECAs in Asia: Exploring frictions holding up ECA support

Ahead of Asia 2026, TXF gathered a handful of ECAs to outline why international ECA support still struggles to land in Asia — and where it is starting to work.

Perspective
28 August 2026

The export finance players that broke through

TXF’s export finance data for the first half of 2026 include several banks and ECAs that really upped their games. The key driver of success has been increasing commitments to...