Government Intervention in the Reorganisation of Listed Companies in China

‘This book makes a significant and much-needed contribution to the emerging literature concerning Chinese bankruptcy law and practice. It provides valuable insights into the nature and extent of the government’s role in the reorganisation of listed companies. In addition to analysing and explaining corporate bankruptcy law in China, Dr Zhao enhances our general understanding of China’s socialist market economy, the ongoing tension between law and policy in China and the impact of state and administrative priorities on China’s legal institutions.’ Andrew Godwin, Director of Studies, Banking and Finance Law, Melbourne University‘This book presents a clearly written and cogent account of the Chinese bankruptcy system.’ Lynn M. LoPucki, University of California‘The roles that the Chinese Government plays in the reorganisation of listed companies under the Enterprise Bankruptcy Law (EBL) is a fascinating topic with great practical significance. Scholars have commented on it, but this is the first sustained and in-depth study using a combination of doctrinal research, historical research, empirical research and case studies. This comprehensive coverage enables readers to have a holistic, nuanced and evidence-based understanding of the operation of the EBL in practice and in particular, the reorganisation of listed companies. Lucidly written and cogently argued, Professor Zhao should be commended for making a weighty contribution to the developing scholarship on the EBL.’ Wee Meng Seng, Deputy Chairman, Director of Corporate Law, National University of Singapore

Huimiao Zhao is Associate Professor at Beijing University of Chemical Technology. She is a member of INSOL International, and Research Fellow of the Centre of Bankruptcy Law and Enterprise Restructuring in China University of Political Science and Law. Her research in bankruptcy law has been well recognised worldwide. Her articles have appeared in reputable journals, including American Bankruptcy Law Journal and Hong Kong Law Journal. Her co-authored Chinese book (Analysis of 35 Classic Cases of US Patent Licensing) was published in 2019. She has received various highly competitive research grants, including awards from the Ministry of Education and Ministry of Justice of the PRC.