It is acknowledged that, in English law, the trust’s third-party and bankruptcy effects contribute significantly to its wide use in commercial transactions. In view of the trust’s attractiveness in conducting commercial dealings, China also introduced the trust model into its domestic legal...

The registration of the trust property (RTP) requirement was introduced in 2001 with the enactment of Article 10 of the Trust Law of the People’s Republic of China (Chinese Trust Law). However, over the past two decades, neither legislators nor courts have issued any instructions guiding the...