Maybe, maybe not. All depends on how many friends you have in the party, and whether the current leading faction sees you as a threat or not

More often than not, the investors take some losses (foreign investors are usually wiped out), and the company is reconstituted with the same executives holding similar positions (and equity in the new company). This is done because large companies are usually politically well-connected, and the various levels of government in China prefer stability over rule-of-law.