Her business went
bankrupt while she was in prison.
她在狱中时生意破产了。
As the prices plunged, leading citizens found themselves
bankrupt.
由于价格下跌，导致市民发现自己破产。
He attempted suicide after his firm had gone
bankrupt.
他在公司破产后曾试图自杀。
Experts also said it remains to be seen whether Xiaomi can really afford the capital and time needed for the cash-intensive smart car business, given that a string of Chinese companies that had entered the segment faced severe financial difficulties, with some even going bankrupt.
专家们还表示，小米是否真的能负担得起现金密集型智能汽车业务所需的资金和时间，还有待观察，因为一系列进入该领域的中国公司面临着严重的财务困难，有些公司甚至破产。
Investors will probably bring a class action suit against the company, which could lead to a massive amount of compensation and bankrupt the firm, according to Dong.
Explaining the reason why he gives case studies of failed or bankrupt companies to his staff, Ma said, "When they learn too much (about success stories), they think they can easily succeed.
Bankrupt British travel giant Thomas Cook was within days of running out of cash, according to a High Court witness statement made by its now former chief executive Peter Fankhauser.
Since the rental growth rate is weaker than expected, long-rental apartment providers, which have relatively radical operation methods, will face higher pressure, and some are even more likely to go bankrupt, the report said.
Chinese startup Ofo has denied it is bankrupt, and claimed all is well at the bike-sharing company in a statement released on Tuesday.
Ofo, however, insists it is not bankrupt, saying that its debt-related litigation and negotiations are still underway.
Trade credit insurance protects the transactions so that if the counterparty doesn’t pay on time or goes bankrupt, the insurance company will pay up to 90 percent of the invoice value.
Many shared bike users fell victim to defaults on their deposits when operators went bankrupt.
"Following the financial crisis in 2008, the shipping market entered a long period of downturn and as a result, many loss-making firms went bankrupt," said Yao.
Bluegogo International Inc, which used to rank as one of the top three Chinese bike-sharing companies, has gone bankrupt and reportedly owes nearly 200 million yuan ($30 million) to bicycle makers.
The move came after the Beijing-based startup signed up with National Electric Vehicle Sweden AB, which bought the assets of bankrupt Saab Automobile AB in 2012, to jointly develop EVs.
"Online auctions are a good way to handle the property of bankrupt firms," said Long Guangwei, the court's vice-president.
[Photo/IC]The announcement came after the Beijing-based startup last week signed up with National Electric Vehicle Sweden AB, which bought the assets of bankrupt Saab Automobile AB in 2012, to jointly develop electric vehicles.
""We are currently in final discussions with investors," he said, warning that cancellations were costing the already bankrupt firm "millions of euros.
While they continue to expand, Wukong Bicycle in Chongqing became the first operator in the sector to go bankrupt earlier this month.
Wukong Bicycle is thought to be the first bike-sharing operation to go bankrupt in China.
So while the decline of retailers has mostly focused on bankrupt apparel chains and shuttered storefronts, a brand like Coca-Cola is suffering as well.
Xia Aimin, CEO of Tianjin Shangdian Qinding Energy Technology Co, who previously worked for a company that went bankrupt after the imposition of US anti-subsidy tariffs, said the ruling was an example of "belated, but welcome justice".
Overall, the number of private specialty hospitals going bankrupt or reorganizing each year has grown from 316 (3.7 percent of total) in 2019 before the pandemic to 681 (6.2 percent of total) in 2022, a compound annual growth rate of 20 percent according to Qichacha, a corporate information provider.
In addition, more than 40 airlines globally have gone bankrupt, according to data from the association.
The trio, who were laid off from a foreign trade clothing corporation that went bankrupt earlier this year due to the COVID-19 pandemic, now choose to sell clothes through their own livestreaming platforms.
In the past decade, as the demographic dividend has disappeared, numerous wedding companies went bankrupt," Shi said.
Some of them have even gone bankrupt.
Wang said another cause of the investors' zeal is that dozens of smaller and ill-run charging pillar companies have gone bankrupt in the past years and those who have survived are excelling in their products and services.
Li had already started his carmaking business in 1997, with a license he acquired by investing in a bankrupt State-owned carmaker.
After all, a string of Chinese tech companies such as LeEco have encountered severe financial difficulties and even gone bankrupt after they branched into the smart car business.
Union members wearing red headbands rallied at Hyundai's factories in the southeastern city of Ulsan with banners reading "South Korea's auto industry will go bankrupt".
Official data show that more than 70 lithium-ion battery manufacturers and ancillary businesses in China have gone bankrupt in the past three years.
Official data show that over 70 lithium-ion battery manufacturers and ancillary businesses had gone bankrupt in the past three years in provinces like Sichuan, Shandong, Guangdong and Henan, Wang said.
Last month, Ningbo Joyson Electronic Corp announced a $1.59 billion takeover of the bankrupt Japanese air-bag maker Takata.
Wang Jianfeng, chairman of Ningbo Joyson Electronic, whose United States subsidiary last month agreed to buy bankrupt Japanese airbag maker Takata, in April said the country's auto industry can't compete globally without absorbing more foreign engineering knowhow.
Large financial institutions have gone bankrupt and been reorganized.
Theoretically, investors will recoup their investments from the sale of net assets of a bank even if it goes bankrupt, not to mention that they will receive relatively high dividends which should be valued by long-term investors," Dong said.
A cooling economic scene caused by the epidemic is expected to be short-lived, but could yet lead to long-lasting damages as many businesses may face liquidity crisis; and some may even go bankrupt.
For small banks that have little impact on the financial market, regulators may allow them to go bankrupt, according to Wu.
Establishing a personal bankruptcy system, where an individual may be declared bankrupt, can encourage entrepreneurial innovation, and help people who took debt in good faith to start over again, according to China's top court, who in June launched pilot programs on individual bankruptcy as the country's legal basis to build the personal bankruptcy system.
Weihai Zipper went bankrupt in 2013, as its forceful business expansion into real estate development and deep involvement in mutual debt guarantee programs eventually led to capital chain rupture.
The country should let the inefficient, especially the "zombie enterprises", go bankrupt and reshuffle, and let the market play its role, Zhang said.
NIFA wants all intermediary financing agents to register the deals they have brokered on the single platform, to ensure the records of all loans will still be available in case an agent goes bankrupt.
The cost of zombie companies going bankrupt will be borne through a cost-sharing mechanism between the government, enterprises and banks.