Cross-Border Insolvency between China and Uzbekistan: Two Typical Scenarios and Bilateral Cooperation Paths under China’s New Draft Enterprise Bankruptcy Law

Abstract

China and Uzbekistan have established a basic legal framework for cross-border insolvency cooperation through existing Treaties. However, they cannot meet the special needs of insolvency proceedings. In 2025, China’s Draft Revision to the Enterprise Bankruptcy Law added a specific chapter on "cross-border insolvency", adopting the core principles of the UNCITRAL Model Law on Cross-Border Insolvency, bringing new opportunities for cross-border insolvency collaboration between China and Uzbekistan. By analyzing two typical scenarios and pointing out the dilemmas in cross-border insolvency between China and Uzbekistan, this thesis proposes a cooperation path, connects regional rules, protecting the rights and interests of creditors of both countries.