Derived from the renowned multi-volume International Encyclopaedia of Laws,
this practical analysis of the law covering merchants’ status and obligations
– including the laws governing state intervention in economic activities – in
China provides quick and easy guidance on such commercial and economic
matters as business assets, negotiable instruments, commercial securities, and
regulation of the conditions of commercial transactions. Lawyers who handle
transnational business will appreciate the explanation of local variations in
terminology and the distinctive concepts that determine practice and
procedure. Starting with a general description of the specifically applicable
concepts and sources of commercial law, the book goes on to discuss such
factors as obligations of economic operators and institutions, goodwill,
broker/client relations, commercial property rights, and bankruptcy.
Discussion of economic law covers the laws governing establishment,
supervision of economic activities, competition law, and government taxation
incentives. These details are presented in such a way that readers who are
unfamiliar with specific terms and concepts in varying contexts will fully
grasp their meaning and significance. Thorough yet practical, this convenient
volume is a valuable tool for business executives and their legal counsel with
international interests. Lawyers representing parties with interests in
China will welcome this very useful guide, and academics and researchers
will appreciate its value in the study of comparative commercial and economic
law.
