Boom Time for Busts | Asian Legal Business – Legal Business Online
The successive defaults of large companies such as Boashang Bank, Yongmei Group, Huachen Automotive and Tsinghua Unigroup recently sent shockwaves across the market. Restructuring lawyers discuss the defaults, how they feel the Chinese government will ensure orderly bankrupt At the start of 2020, bankruptcy and restructuring experts had predicted more bond defaults in China. A…