• 11/11/2024

Death and debt in China: how a ‘half-baked’ bankruptcy law offers few individuals a fresh start

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s southern metropolis of Shenzhen is the only mainland city where individuals can apply for bankruptcy, but it’s not easy, as authorities seem to frown on debt forgiveness.

https://www.scmp.com/economy/china-economy/article/3233923/death-and-debt-china-how-half-baked-bankruptcy-law-offers-few-individuals-fresh-start?utm_source=rss_feed