Secured Finance Law in China and Hong Kong

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Jurisprudence & Law - Business, Commercial & Financial Law
Secured Finance Law in China and Hong...

Secured Finance Law in China and Hong Kong

Name: Secured Finance Law in China and Hong Kong
ISBN: 9780521519342

Mark Williams, Haitian Lu, Chin Aun Ong

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This book examines systematically the current systems of secured lending in China and Hong Kong, where companies or individuals offer personal property as security for credit advanced by a lender. Valid and enforceable security reduces the risk to the lender and so lowers the cost of credit to the borrower. However, the Hong Kong system, being largely derived from English law, is highly complex and in need of root-and-branch reform. The forces of inaction have triumphed and valuable opportunities to create a modern, rational and efficient system have been squandered. In China, on the other hand, a completely new system has been created in the last twenty years which, whilst it has various problems and defects, has some notable advantages over the common law equivalent found in Hong Kong.

Κατηγορίες:

Jurisprudence & Law - Business, Commercial & Financial Law

Έτος:

2010

Εκδότης:

Cambridge University Press

Γλώσσα:

english

Σελίδες:

451

ISBN 10:

0521519349