Recovery of PRC Assets by Foreign Liquidators

As foreign investment into China keeps growing, one of the most pressing concerns for the shareholders in a China investment is how to recover and/or realize the company's assets in China when the principal entity is placed in liquidation overseas. How do the creditors and liquidators proceed in such a case?

7 minute readOctober 02, 2003 at 12:58 AM

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By Firmina Chen, Sinclair Roche & Temperley, Shanghai

While foreign investment in China often takes the form of a joint venture (a JV) or a wholly foreign-owned enterprise (a WFOE), liquidation of a foreign entity does not necessarily require the liquidation of the JV or WFOE itself.

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