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While China was still consolidating the corporate social credit score (CSCS) system for companies, the outbreak of COVID-19 has impacted business continuity across all economic sectors.
The question of how to prevent defaults under the CSCS caused by potential bad credit records of enterprises during the outbreak has become a critical issue.
We will discuss during this webinar:
- How CSCS is implemented by various authorities since its roll out?
- If new regulations dealing with COVID-19 make things more difficult in practice?
- How foreign invested companies adjust to CSCS?
- What mitigation solution they may implement in the current outbreak context?
- How is the future of CSCS shaping up?
- What are Benelux business' perspectives on continuity of business amidst COVID-19?
Bruno Grangier and Gregory Louvel, both partners at independent boutique law firm Leaf-legal in China, will discuss this topic with BenCham members.
The current business perspectives, from Benelux businesses in the whole of China, will be presented by Cécilia Vermeulen, GM of BenCham, based on the results of the COVID-19 Business Survey N.2.
