Is the subsidiary debt related to the parent company?

The debt of the subsidiary has nothing to do with the parent company. The subsidiary has independent subject qualification and enjoys independent legal person status. As an independent legal subject, subsidiaries operate independently and conduct independent accounting, and all consequences, including property and liabilities, are entirely borne by themselves.

legal ground

Article 14 of the Company Law stipulates that a company may set up branches. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company. A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.