By King & Wood Mallesons’ Dispute Resolution Group
Over the past few years, revolving trade crises have frequently occurred in China, such as the steel trade crisis in 2011 in Southern China and the financing fraud case in Qing Dao last year. In these cases, many large state-owned enterprises were caught in crises of revolving trade. In particular, the Qingdao Port Case attracted worldwide attention.
With our previous legal practice experience in these cases, we discuss the relevant issues regarding revolving trade and treatment methods for enterprises.
Continue Reading The risk and treatment of revolving trade