<p style="line-height: 18.9091px;">Bankruptcy filings are rising as the world’s second-largest economy slows and Beijing has become more relaxed about allowing companies to fail as it seeks to reform its financial markets.</p>
<p style="line-height: 18.9091px;">However, investors have struggled to navigate China’s unpredictable court system, hampered by the lack of transparent resolution processes as bankruptcy law evolves and by interference from local government officials concerned about protecting jobs.</p>