The Reasons of the Emerge of Personal Bankruptcy Regulation in China
By Olivia Dai Among the world’s top ten economies (2018), only China mainland, Brazil, and China’s Macao region used to not have personal bankruptcy systems.[1] But Shenzhen, a Special Economic Zone of China mainland first provides legal rescue for honest but unfortunate individual bankrupts by enacting the Personal Bankruptcy Regulation of Shenzhen Special Economic Zone […]
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