The purpose of the course is to introduce students from a common law background to international business and investment transactions with the People's Republic of China. The course covers all forms of commercial and investment transactions with China from international sales contracts to the formation of domestic businesses. The focus of the course is a detailed examination of the principal Chinese laws regulating such business.
Students will learn how one country, China, has moved from a state-planned economic system to a system where the market mechanism plays the primary role in regulating commercial activities, while allowing a continuing role for the prevalent political forces in the country. The likely future course of economic regulation in China is studied at the end of the term, including corporate governance reforms, stock market regulation, antitrust, and bankruptcy law developments.