China has entered a significant stage in its economic transition with the promulgation of the bankruptcy law. The law introduces a uniform and seemingly sophisticated regime, drawing inspiration from mature insolvency systems. This book presents a picture of the reformed Chinese bankruptcy legal structure.
China has recently entered a significant stage in its economic transition with the introduction of a new and seemingly sophisticated bankruptcy law drawing inspiration from mature insolvency systems. However, this new law is likely to face significant challenges within its implementation due to weaknesses in the countries legal and social infrastructure. China''s New Enterprise Bankruptcy Law clearly presents the structure of Chinas reformed legal bankruptcy system by introducing the framework and analyzing typical cases which have been or are being heard since the new bankruptcy law was operational. Written by Chinese experts with a professional interest and specialist knowledge of insolvency law, this volume serves as an indispensable guide for academics and researchers in the area, as well as practitioners and professionals involved with Chinese business law.
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