英文摘要 |
Since the general period of prescription is very short, only two years, the running moment of prescription in Chinese civil law is the time that the right holder knew or should have known the infringement of the right. For the fulfillment of contractual obligations on non-pecuniary terms, if the debtor cannot perform in law or in fact, he should be liable for damages. For a contract without an agreed performance period, if the performance period may be determined in accordance with Articles 61 and 62 of the China Contract Law, the statute of limitations shall be run from the moment of expiration of the performance period; otherwise, the statute of limitations shall be run from the moment of expiration of the grace period during which the creditor requires the debtor to perform the obligation. But if the debtor clearly states that it will not perform the obligation when the creditor claims the right against the debtor for the first time, the statute of limitations shall be started from the date when the debtor clearly states that it will not perform the obligation. |