Long-term contracts that represent significant fixed costs, especially in sectors like supply chain, leases, or procurement, are vital for maintaining competitiveness in the Chinese market. With market conditions, regulations, and economic factors continuously evolving, renegotiating these contracts allows companies to adjust terms to reflect the latest realities and capitalize on cost-saving opportunities and achieve greater resilience.

In this upcoming webinar, our Business Advisory experts, Donfil Huang and Richie He, will delve into how companies in China can approach renegotiation for better spending, focusing on securing favorable contract terms and managing risk. Attendees will gain insight into pre-contract considerations, post-signing adjustments, and strategies to mitigate costs while enhancing supplier performance.