Article 83: Either party may terminate a contract if the other party violates any of the following conditions:

(一)有下列情形之一的,一方当事人可以解除合同:

  1. The other party fails to perform its contractual obligations;
  2. The other party is declared bankrupt or insolvent;
  3. The other party has its business license revoked;
  4. The other party is dissolved or terminated;
  5. Other circumstances specified by law.

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