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Differences between the Chinese and British Legal systems in respect to forign investement.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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As we enter the 21st century, more and more foreign huge companies are planning to invest in China where has the largest population and huge appreciation potentials. However, the Chinese legal system is quite different from the English one. So, before the foreign enterprisers put their investment plan into fact, they should pay enough attention to the follow legal factors: Firstly, foreign investors are only allowed to establish a couple of specified type of companies in China. According to the Chinese law, foreign investors can only "establish Sino-foreign cooperative enterprises in the People's Republic of China with enterprises or other economic organizations of the People's Republic of China"i. So the foreign investors should ask themselves whether or not these types of companies fit their requirements in order to prevent any undesirable troubles occur. In contrast, the situation is totally different in the UK. There is no restriction on the establishment of...
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