{"id":4117,"date":"2021-06-08T13:27:31","date_gmt":"2021-06-08T13:27:31","guid":{"rendered":"https:\/\/www.theccgway.com\/?p=4117"},"modified":"2023-01-05T12:41:21","modified_gmt":"2023-01-05T12:41:21","slug":"ccg-china-italy-horizons-consultants-participate-in-webinar-to-advise-china-foreign-invested-businesses-on-mitigating-problems-brought-on-by-covid-19","status":"publish","type":"post","link":"https:\/\/www.theccgway.com\/zh-hans\/2021\/06\/08\/ccg-china-italy-horizons-consultants-participate-in-webinar-to-advise-china-foreign-invested-businesses-on-mitigating-problems-brought-on-by-covid-19\/","title":{"rendered":"CCG CHINA, ITALY: Horizons consultants participate in webinar to advise China foreign-invested businesses on mitigating problems brought on by COVID-19"},"content":{"rendered":"\r\n<p><img decoding=\"async\" loading=\"lazy\" width=\"1771\" height=\"1000\" class=\"wp-image-3071\" style=\"width: 150px;\" src=\"https:\/\/theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-CHINA.png\" alt=\"\" srcset=\"https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-CHINA.png 1771w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-CHINA-300x169.png 300w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-CHINA-768x434.png 768w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-CHINA-1024x578.png 1024w\" sizes=\"(max-width: 1771px) 100vw, 1771px\" \/><img decoding=\"async\" loading=\"lazy\" width=\"1771\" height=\"1000\" class=\"wp-image-3081\" style=\"width: 150px;\" src=\"https:\/\/theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-ITALY.png\" alt=\"\" srcset=\"https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-ITALY.png 1771w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-ITALY-300x169.png 300w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-ITALY-768x434.png 768w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Blog_CCG_flag-ITALY-1024x578.png 1024w\" sizes=\"(max-width: 1771px) 100vw, 1771px\" \/><\/p>\r\n\r\n\r\n\r\n<p>On 9 March <a href=\"http:\/\/horizons-advisory.com\/\">Horizons Corporate Advisory<\/a> partner<a href=\"http:\/\/horizons-advisory.com\/partner\/lucia-myriam-netti\/\"> Lucia Netti<\/a> and <a href=\"https:\/\/www.linkedin.com\/in\/pier-domenico-peirone-641b0776\/\">Pier-Domenico Peirone<\/a> of <a href=\"http:\/\/pathwaysasia.com\/\">Pathways (Shanghai) Co Ltd<\/a> (Horizons Group) participated in a webinar on the impact the <a href=\"https:\/\/www.linkedin.com\/feed\/hashtag\/?highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6641741766326272001&amp;keywords=%23coronavirus&amp;originTrackingId=sVqE9j8jYiybYGRuBEAohw%3D%3D\">COVID-19 epidemic is having on companies and international trade.<\/a> The webinar was organised by <a href=\"https:\/\/www.confindustriabergamo.it\/\">Confindustria Bergamo<\/a>, an Italian management consulting company.<\/p>\r\n\r\n\r\n\r\n<p>During the webinar, Ms. Netti and Mr. Peirone discussed how China-based foreign-invested businesses can address the coronavirus situation from a practical standpoint. This included issues related to international commerce such as breach of commercial contracts and how to best manage subsidiaries in China.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n<p>For Mr. Peirone, he addressed the economic measures that Chinese governmental authorities have put forth to help sustain the economy and support all companies, both local and foreign-invested. The most pressing point in this matter is that businesses ensure they are fully in compliance measures put forth by the Chinese governmental authorities.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>More than just compliance, Ms. Netti and Mr. Peirone also shared insights on how enterprises can act to leverage the measures to their advantage.<\/p>\r\n\r\n\r\n\r\n<p>The underlying message shared during the seminar is that foreign-invested companies in China need to figure out quickly how to best manage the coronavirus effect, not only for the <em>now<\/em>, but for the future going forward. All indications are that COVID-19 is going to have long-term effects for a great many businesses worldwide; that effect is sure to linger for quite some time.\u00a0<\/p>\r\n\r\n\r\n\r\n<ul class=\"is-layout-flex wp-block-gallery-1 wp-block-gallery alignleft columns-2 is-cropped\">\r\n<li class=\"blocks-gallery-item\">\r\n<figure><img decoding=\"async\" loading=\"lazy\" width=\"707\" height=\"1024\" class=\"wp-image-3202\" src=\"https:\/\/theccgway.com\/wp-content\/uploads\/2020\/03\/Lucia-Myriam-Netti-2-707x1024.jpg\" alt=\"\" data-id=\"3202\" data-link=\"https:\/\/theccgway.com\/2020\/03\/15\/horizons-consultants-participate-in-webinar-to-advise-china-foreign-invested-businesses-on-mitigating-problems-brought-on-by-covid-19\/lucia-myriam-netti-2\/\" srcset=\"https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Lucia-Myriam-Netti-2-707x1024.jpg 707w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Lucia-Myriam-Netti-2-207x300.jpg 207w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Lucia-Myriam-Netti-2-768x1113.jpg 768w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/Lucia-Myriam-Netti-2.jpg 800w\" sizes=\"(max-width: 707px) 100vw, 707px\" \/>\r\n<figcaption>Lucia Myriam Netti<\/figcaption>\r\n<\/figure>\r\n<\/li>\r\n<li class=\"blocks-gallery-item\">\r\n<figure><img decoding=\"async\" loading=\"lazy\" width=\"707\" height=\"1024\" class=\"wp-image-3117\" src=\"https:\/\/theccgway.com\/wp-content\/uploads\/2020\/03\/HCA-Pier-Domenico-PEIRONE_portrait-707x1024.jpg\" alt=\"\" data-id=\"3117\" data-link=\"https:\/\/theccgway.com\/2020\/03\/15\/horizons-consultants-participate-in-webinar-to-advise-china-foreign-invested-businesses-on-mitigating-problems-brought-on-by-covid-19\/hca-pier-domenico-peirone_portrait\/\" srcset=\"https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/HCA-Pier-Domenico-PEIRONE_portrait-707x1024.jpg 707w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/HCA-Pier-Domenico-PEIRONE_portrait-207x300.jpg 207w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/HCA-Pier-Domenico-PEIRONE_portrait-768x1113.jpg 768w, https:\/\/www.theccgway.com\/wp-content\/uploads\/2020\/03\/HCA-Pier-Domenico-PEIRONE_portrait.jpg 800w\" sizes=\"(max-width: 707px) 100vw, 707px\" \/>\r\n<figcaption>Pier-Domenico Peirone<\/figcaption>\r\n<\/figure>\r\n<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>Despite the \u201cdoom and gloom\u201d global atmosphere, we can see that right now in China \u2014 the place most affected by the virus \u2014 foreign-invested businesses are moving to get fully back on track. However, for them to do so in the most effective way requires paying close, smart attention to the COVID-19 measures set forth by the China authorities.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n<p>For Horizons, our China and Italy offices are working hard together at helping clients have a clear understanding of what both the Measures entail and what are the best practices for businesses in mitigating the effect of COVID-19.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>According to Horizons partner Lucia Myriman Netti, the most pressing issues for China-based foreign-invested companies is the need to address the prospect of \u201cforce majeure\u201d clauses in contracts and overall management of China-based companies, which includes the well-being of personal and overall operations.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n<p>\u201cThe coronavirus epidemic has had a significant impact on the production and distribution chain,\u201d says Ms. Netti. \u201cCompanies were and are in a situation of not being able to fulfill contracts, in whole or in part, because they are unable to produce and supply, or be supplied by third-party suppliers, and then perform the contract in turn. In this period, it is common to talk about \u2018force majeure\u2019, but to define if we are really in a situation of \u2018force majeure\u2019, it is necessary to analyse, in a very clear and concrete way, the whole history of the transaction.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>\u201cYou have to go beyond the general principles of addressing a corporate crisis and find the real problem and then formulate real and applicable solutions that can help companies and reduce risks and damages in practice. Such solutions must be analyzed and evaluated not only for solutions to contractual problems, but also with reference as to how to manage your company or companies in China during this health emergency in a way that it allows enterprises to make use of what\u2019s granted in China. For Horizons, this is at the heart of our serving companies in times of crisis and beyond.\u201d\u00a0<\/p>\r\n\r\n\r\n\r\n<p><em>This content appears as a courtesy of <\/em><a href=\"http:\/\/horizons-advisory.com\/\"><strong><em>Horizons Corporate Advisory<\/em><\/strong><\/a><em>, a proud member of the<\/em><a href=\"https:\/\/theccgway.com\/\"> <strong><em>China Collaborative Group (CCG Association)<\/em><\/strong><\/a><em>. I<\/em><em>t is informational in nature and does not constitute legal advice or establish an attorney-client relationship between you and its author, publisher or any member of CCG. For more information, please visit <\/em><a href=\"http:\/\/www.horizons-advisory.com\"><strong><em>www.horizons-advisory.com<\/em><\/strong><\/a><em>. <\/em><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>On 9 March Horizons Corporate &#8230;<\/p>\n","protected":false},"author":4,"featured_media":3113,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"flags":[112,111],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CCG CHINA, ITALY: Horizons consultants participate in webinar to advise China foreign-invested businesses on mitigating problems brought on by COVID-19 - China Collaborative Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theccgway.com\/zh-hans\/2021\/06\/08\/ccg-china-italy-horizons-consultants-participate-in-webinar-to-advise-china-foreign-invested-businesses-on-mitigating-problems-brought-on-by-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CCG CHINA, ITALY: Horizons consultants participate in webinar to advise China foreign-invested businesses on mitigating problems brought on by COVID-19 - 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