The process by which the company is sold for parts - and how the money is returned to creditors - will be closely watched at a time when global investors have quickly been losing confidence in China.
There are few precedents for a bankruptcy of this size and complexity in China, and the housing sector is politically sensitive (Chinese homebuyers took the risk of publicly protesting in the tightly controlled nation after the company collapsed).
[
add
]
[
|
|
...
]