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What is the liquidated damages if the Three Gorges Group breaches the contract in special recruitment?
Below 30%. China Three Gorges Corporation was established on September 18, 1993 and is located at Liuhe Road, Jiang'an District, Wuhan City, Hubei Province. Since the labor contract stipulates the amount of liquidated damages, such stipulation shall prevail. However, the stipulated liquidated damages shall not exceed 30% of the actual losses caused by the breach of contract, so the recruitment liquidated damages shall be less than 30%. If the contract does not specify the amount of liquidated damages, the actual losses caused by the breach of contract shall prevail to pay the liquidated damages.
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