Recession Testing China's Business Laws

"China's business laws are coping with business failures as the recession progresses. In the case of very large companies, China's bankruptcy laws are having some impact and preventing complete chaos from taking hold. With smaller businesses the story's a little different. Doors close and owners just seem to disappear into the night. The mob takes over for a while. The the police come run the mob off. At least that's what BusinessWeek is saying..."

http://www.chinaventurenews.com/50226711/recession_testing_chinas_business_laws.php

Violence erupts because of bankruptcy! As businesses shut down angry suppliers and workers rage and demand information about legal protections.

http://www.businessweek.com/magazine/content/09_15/b4126046291682.htm?campaign_id=rss_topStories