2019 第三季度 中国地区破产报告
· Compared with the past 2 years (+74% for 2017, +50% for 2018), the number of insolvency cases in China is expected to keep growing but at lower pace in 2019 (+~20%, same as previous expectation).
· The trade disputes between U.S. and China increase the uncertainty of economic recovery. In 9M2019, trade with U.S. dropped sharply.
· More insolvency cases in real estate sector since May 2019 due to the new financing supervision policies
· Corporate Credit picked up since August 2019 especially for manufacturing enterprises and private enterprises