An investigation into the impact of regulatory reform on business in China.
The China International Economic and Trade Arbitration Commission (CIETAC) is a leading international arbitration centre in mainland China and in the world. Most disputes are between Chinese and foreign counterparts, and there have been lingering doubts about the fairness of CIETAC arbitration among foreign scholars and practitioners. Statistical data, however, indicate that CIETAC arbitration is substantively fair.
It is still early days to appreciate fully the effects of China’s World Trade Organization (WTO) accession in 2001. As China becomes more accustomed to WTO rules and regulations, it will also adopt a more thorough compliance with the spirit of the WTO agreements.
The standard frameworks used to evaluate constitutional systems are not well suited to exposing transitional capacity. The constitutional problems that Minxin Pei’s Trapped in Transition focuses on do not reveal the system’s eventual capacity to transcend them.
The reform of the urban housing system, begun in the late 1980s, has resulted in a general improvement in accommodation for most of the urban population in China. In less than twenty years, the government managed to provide new and reasonable quality owner-occupied housing to as much as 80 per cent of the urban population. This achievement was made possible by the transition to a market economy and the rapid economic growth that followed.