China's New Company Law and Securities Law: An Overview and Assessment
14 Pages Posted: 25 Jul 2008
Date Written: July 23, 2008
The object of this article is to examine the recent legal reforms to the Company Law and the Securities Law of the People's Republic of China. These reforms have made a number of substantial changes to these two laws, bringing them more closely into line with their counterparts in more developed economies. Despite many commendable achievements, these law reforms are however not without some problems. Neverthless, it is argued here that the impact of these reforms on China's economic evelopment will be profound and that they will provide an excellent basis for further reforms in this area.
Keywords: Company law, securities law, China, law reform
JEL Classification: K22, K33
Suggested Citation: Suggested Citation