China is offering force majeure certificates to local companies, if they are unable to fulfill their international contractual obligations due to the coronavirus outbreak, the China Council for the Promotion of International Trade said in a statement Thursday. The documentation they need to provide with their application for the force majeure certificates includes proof of delays, cancellations for air, land or sea transport, and export cargo sales contracts or agreements, as well as customs declarations. The council said the move is to protect the interests of China-based companies and to help mitigate their losses. The virus, which emerged in Wuhan, Hubei province, has now sickened more than 6,100 people globally, with cases emerging in the US and Europe, while the death toll across China has climbed to 132, according to CNBC. Key international airlines including […]