EconomyChinese court guidance aims to smooth developer bankruptcies, reassure creditors
China’s Supreme People’s Court has issued the country’s first systematic judicial guidance for property developer bankruptcies. It seeks to end inconsistent practices that have slowed asset disposals and deterred capital, calling for timely reorganisations of viable developers and swift liquidations of those without sustainable value.
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South China Morning Post★★★☆☆2026-09-09 03:00Original
Chinese court guidance aims to smooth developer bankruptcies, reassure creditors
Economy