Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

A golden age for China’s bankruptcy law?

By Kyriaki Karadelis

02 September 2016

A golden age for China’s bankruptcy law? Forbidden City, Beijing iStock.com/hxdyl

Year-on-year drops in economic growth and a ballooning debt bubble have placed China in a debt-to-GDP “danger zone”, similar to Japan in the late 1980s, and the UK and US ahead of 2008. With a banking crisis potentially on the horizon, the International Insolvency Institute (III) gathered a selection of speakers from around the world to examine the challenges facing China and its trading partners in this new era.