Since its accession to the World Trade Organization (WTO), China has undertaken stronger initiatives toward adapting its legal system to support the development of a market-oriented economy. However, in this important new study the author contends that Chinaand’s steps in this direction are not sufficient. Although barriers to merger and acquisition (Mand&A) targeting of state-owned enterprises (SOEs) have been significantly reduced, excessive administrative intervention continues to discourage foreign Mand&Ainvolving domestic listed companies. This book proposes changes in Chinese law, including a new full-scale regulatory scheme, which would enhance and expand such foreign direct investment. The discussion proceeds from the perspectives of company law, securities law, antimonopoly law, and foreign investment law. Based on the analysis of the market situation and policy background in China, and on a comparison among the relevant aspects of the legal systems of China and other jurisdictions, the book addresses the Chinese legal system for foreign Mandamp;A involving listed companies, including its policy support. The analysis highlights such aspects as the following:
and• features and structures of the current Chinese foreign Mandamp;A market;
and• China's state-owned enterprise reform
and• functions of the Chinese stock market;
and• Chinese foreign investment policy;
and• components of the Chinese legal system specific to foreign Mand&A; and
and• comparative studies of foreign Mandamp;A regulation and experience (US, EU, UK, and Russia) and what may be useful in each for China.
The authorand’s detailed recommendations for the improvement of the Chinese legal system primarily concern the regime of state ownership exercise, the establishment of an antitrust scheme, the improvement in the regulation of corporate takeovers, and national treatment of foreign investors under the WTO system. This is in every way a ground-breaking contribution to the literature of international trade law. The authorand’s deeply informed and cogent analysis will be of immeasurable value to policy makers and academics across a range of fields, and the bookand’s practical value to business persons everywhere with an eye on China cannot be overestimated.
Business Law
in the UK in the crucial case of Donoghue v . Stevenson , 1932. The House of Lords awarded damages here to a consumer made ill by drinking ginger beer from a bottle containing a decomposed snail . The bottle , which had been bought by ...
Strategic Trade Policy: A Survey of Issues and Early Analysis
PROBLEM 2-3 Bosco Industries is a manufacturer in North Carolina. Sampson Mills is a steel mill in Ohio. Bosco has purchased cold rolled steel for use in its manufacturing process from Sampson for eight continuous years.
本书对国际统一商法和国家主权,特别是国家主权所制定的法律之间的相互作用关系进行了研究。内容包括:国际商法与国内法关系发展的历史回顾、国际商法和国内法的分离、国际 ...
... 试卷等国际贸易理论与 978-7-115 |包括新新贸易理论等新内容,将非关税措施分为技术性和非技术毛在朋政策-37138-6 |性两类,提供選作、教案、答案,试卷和视颖案例等国际贸易实务吕仕 978-7-115 提供课件,答案、单证样本,习題集,试卷、模拟操作训动材料 ...
张某向郭某借款,将自己的电脑出质于郭某,订立书面的质押合同,郭某不会用电脑,让张某保留电脑自用。后张某又向岳某借款,将该电脑出质给了岳某,岳某对该电脑实际占有。现因张某无力还款引起纠纷。郭某和岳某均欲行使对该电脑的质权。
Asset Protection Strategies: Tax and legal aspects
Business Law and the Regulation of Business
This popular text effectively combines a traditional case focus with clear and concise coverage of a wide range of up-to-date topics. Students are introduced to the impact of the law...