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Circumstances to amend or cancel a contract

Updated: Mar 30, 2018 english.legalinfo.gov.cn Print

In accordance with the Contract Law of China, either of the parties may petition the people’s court or an arbitration institution for amendment or cancellation of a contract if:(1) the contract was concluded due to a material mistake; (2) the contract was grossly unconscionable at the time of its conclusion; (3) a party induced the other party to enter into a contract against its true intention by fraud or duress, or by taking advantage of the other party’s hardship.

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