"The Chinese" is a bit vague. After all, there are 1.5 billion them, give or take.
This will really come down to the creditors voting on whether they want to accept the 15 cents in the dollar JDC are offering or the potential for 50 cents in the dollar if MNQ is given the gong.
Chinese state owned enterprises do operate on a different set of qualification criteria. Zinc smelters in China need feedstock to keep operating and keep employing people to stop those people from rioting in the streets and destabilising the Communist Party's rule.
in this case, though, their surrogate is going to be unable to influence the vote.
MNQ Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held