Description: China has recently entered a significant stage in its economic transition with the introduction of a new and seemingly sophisticated bankruptcy law. However, it is likely to face significant operational challenges due to weaknesses in the country's legal and social infrastructure. This volume clearly presents the new system and framework, serving as an indispensable guide for practitioners and professionals as well as academics and researchers with an interest in insolvency and Chinese business law.
Review Quotes: 'A timely volume considering China's development and its emerging market economy with a helpful exposition and analysis of the law in one place, for easy reference. The work contains substantial references to other sources which facilitates further reading and research and provides a thorough treatment of theoretical, substantive and procedural issues with useful introductory material.' Andrew Keay, University of Leeds, UK 'A methodical exposition of the modern law of Chinese insolvency, this text brings together expertise from academia and practice in order to provide a conceptual basis for the workings of the modern law as well as an incredibly detailed analysis of its provisions with additional information about the participants in the insolvency process.' Paul Omar, University of Sussex, UK 'The aim of China's New Enterprise Bankruptcy Law is to provide a comprehensive overview of this important new piece of legislation. ... To a large extent the authors have achieved this aim, with contributors that include legal scholars, practitioners, an accountant and a judge.' Australian Journal of Asian Law