China - Time to resolve insolvency
Time to resolve insolvency (years)
Time to resolve insolvency (years) in China was 1.70 as of 2012. Its highest value over the past 9 years was 2.40 in 2006, while its lowest value was 1.70 in 2007.
Definition: Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
Sub-Topic: Business environment