Legal Developments in China: Market Economy and Law.

• Author: Kwan, Jason Chin Hung

WANG GUIGO AND WEI ZHENYING (Eds.), LEGAL DEVELOPMENTS IN CHINA: MARKET ECONOMY AND LAW, Sweet & Maxwell, Hong Kong (1996); ($96.00); ISBN 0-421-56890-9; 426 pp. (paperback).

Since 1994, the City University of Hong Kong and the Law Department of Peking University have held annual academic conferences to achieve a better understanding between the people of Hong Kong and Mainland China. This book is a collection of articles delivered at the October 1995 conference held in Hong Kong.

The 23 articles in this book are divided into six parts. Part One acquaints the reader with the concept of a market economy in modern China. The section begins with an article by Albert H.Y. Chen which distinguishes the connecting legal theories behind a "market economy" and a "planned economy." This article is followed by a discussion of the new administrative law in China. Part 1 is concluded by illuminating India's experience in changing from a mixed economy to a market economy.

Parts Two and Three are dedicated to a comprehensive discussion of China's business law. This section includes topics ranging from corporate law in Hong Kong to contemporary market economies to mathematical jurisprudence. Information throughout these articles include topical matters such as the family-oriented corporate structure in Hong Kong; the history and background of The Securities and Futures Commission of Hong Kong; the role of the...