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Recent China research

* China Watch: Strong global growth a tailwind for China's deleveraging, Michelle Lam, Trey McArver, Larry Brainard, 14 Dec 2017
* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017

See all our China research >>

Boost for creditors

Overview

After 12 years of discussion, China got a new bankruptcy law this month. Applying to both private companies and state enterprises, the law significantly increases protection for creditors, including the creation of creditors’ committees. This is a major change from the old system, which put the interests of workers first.

Under the new legislation, foreign investors will have a greater chance of receiving some payment if the firms in which they invest go bust or of seeing those...

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