literature Mainland China English original

Resolving Corporate Insolvencies in China: The Gap Between Law and Reality

Empirical and institutional analysis of China's corporate insolvency procedures, arguing that the Enterprise Bankruptcy Law has not fully achieved its legislative objectives.

Open source

Use It For

Use this to frame the recurring gap between insolvency law on the books and insolvency practice.

Teaching Notes

Students should connect the article to abandonment, deregistration, liquidation liability, and low use of formal bankruptcy procedures.