literature Mainland China English original

China's Enterprise Bankruptcy Law: Building an Infrastructure Towards a Market-Based Approach

Examines China's efforts to build bankruptcy infrastructure and reduce state involvement, while explaining why case numbers and market-based implementation remained limited.

Use It For

Use this for institutional discussion of why a modern bankruptcy statute may still need courts, administrators, and market infrastructure.

Teaching Notes

It pairs well with official bankruptcy implementation reports because it supplies an external scholarly account of the same implementation gap.