Is Chinese commercial law simply a copy of German and other Western commercial laws, a “mystery” that Westerns cannot understand, or an “irrelevance” given the role of culture and politics in China? This article critically discusses these three modes of understanding. It is found that,...

This paper uses both empirical studies and case studies to answer an important question: Is the China Securities Regulatory Commission (CSRC) protecting a “level playing field” in China's capital markets? The results of these studies demonstrate that the CSRC enforces regulations without...

Does private enforcement of securities law work in China? Does it have any advantages, when it is compared with other regulatory mechanisms, e.g. public enforcement and self-regulation? This article critically discusses these questions. Firstly, by some case studies, it exploits recent...

This paper examines the development of the legal framework regarding fiduciary duties of directors in China. The concept of fiduciary duty was introduced by the 2005 revisions to China's Corporate Law. The implementation of fiduciary duties in China has encountered considerable obstacles because...

This is the first comprehensive research on the regulatory behaviours of the China Securities Regulatory Commission (CSRC). We investigated the CSRC's regulation of sponsors through a historical perspective to determine its general regulatory strategy and the underlying motivations. We found...