China

Article 52 see also Agreed Obligations

A contract is invalid under any of the following circumstances:

• either party enters into the contract by means of fraud or coercion and impairs the State's interests;
• there is malicious conspiracy causing damage to the interest of the State, of the collective or of a third party;
• there is an attempt to conceal illegal goals under the disguise of legitimate forms;
• harm is done to social and public interests; or
• mandatory provisions of laws and administrative regulations are violated.

  Article 59

  If the parties impair by malicious conspiracy the interest of the State, of the collective or of a third party, the property they have thus obtained shall be returned to the State, the collective or the third party.

  Article 91 see also Termination

  The rights and obligations under a contract shall terminate in any of the following situations:

  7. other situations as provided for by law or stipulated by the parties.

  Article 94 see also Termination

  The parties [each?] may dissolve the contract under any of the following circumstances:

  4. either party delays the discharge of debts or is engaged in other illegal activities and thus makes realization of the aim of the contract impossible; or