Will the COVID-19 epidemic change government’s rescue strategy?: The emergence of supportive bankruptcy enforcement approach in China

Reviews the evolution of China's corporate rescue strategies. Examines the role of Chinese local government in corporate rescue and how the attempted restructuring of Taizinai Dairy Group Co Ltd showed the link between bankruptcy enforcement and political accountability. Discusses key features of the current approach, and whether the coronavirus pandemic has led to more supportive and economically-orientated interventions.