Shitong Qiao is a professor of law at Duke University in Durham, North Carolina and author of the forthcoming "The Authoritarian Commons: Neighborhood Democratization in Urban China" (Cambridge University Press).
HNA and GITIC bankruptcies underscore value of transparent resolution process

An unfinished China Evergrande Group project in Hainan province: Legally, it will be difficult for foreign creditors to recoup their losses from the group's mainland assets. © Reuters
Shitong Qiao is a professor of law at Duke University in Durham, North Carolina and author of the forthcoming "The Authoritarian Commons: Neighborhood Democratization in Urban China" (Cambridge University Press).