03/29/2022_Edi_Trade

Evergrande is insolvent – that has been clear for months. Nevertheless, aformal insolvency of the real estate group isstill not in sight. In Germany, people would have long since called it a protracted insolvency. In China, however, companies have enough leeway to keep delaying the end. Elske Fehl-Weileder, an expert in Chinese insolvency law, explains in an interview with Christian Domke Seidel what lies behind this tactic and why insolvency can also be an opportunity for a fresh start in China.