Source: China – South China Morning PostChinese lawmakers began their first review of draft amendments to the Enterprise Bankruptcy Law on Monday, seeking to address shortcomings in the market-exit mechanism, state media reported.
The amendments, discussed during the ongoing 17th session of the 14th National People’s Congress (NPC) Standing Committee, include more than 160 new or modified articles based on the current law that was enacted 18 years ago and features 216 articles, according to Xinhua.
Calling it the foundational legal…Read More