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From the Editors
Main Features
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Security Interests under China's New Property Law (March 2008) |
The March 2007 Property Law opens up many opportunities for the development of a modern secured finance market in China. What is possible under the new law and what remains off-limits? This article will provide a guide to key areas of change provided by the Property Law and will highlight new areas of opportunity as well as remaining legal obstacles.
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Secured Transactions Law Reform in China (March 2008) |
Key
stakeholders in China work with the World Bank and People’s
Bank of China to undertake legal and institutional changes
to improve access to credit for Chinese businesses, which led to the adoption of fundamental principles of modern secured transactions systems by the new Property Law. This article also provides an overview of the impact of prior laws on today's secured financing business in China, including registry practice and enforcement.
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Legal Updates
Recent
Legal Developments in China's Secured Finance Laws and Regulations
In this column, we will be featuring translations of the latest Chinese laws and regulations on secured transactions. The Bulletin does not offer translation services. However, due to the technical nature of our subject matter and the poor quality of translation of Chinese laws and regulations in general, we hope that an accurate translation of the relevant laws and regulations will help our readers navigate Chinese secured finance laws with more confidence.
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Property Law (Part 4), translated text (March 2008) |
Part 4 of the new Property Law (effective as of October 1, 2007) governing the creation, registration, priority and enforcement of security interests in both real and personal property.
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