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The Foreign Economic Contract Law of China: Case and Analysis

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  • Dong-lai Li

Abstract

The Foreign Economic Contract Law of China is an especially important example of contract law in a transition economy because it governs all the contracts between Chinese and Foreigners. The purpose of this research is to summarize all known FECL cases that are available to June, 1993. Following an overview of China's contract especially FECL, the cases located through the search are summarized and analyzed by illustrating a wide range of dispute resolution processes including negotiation, mediation, arbitration, the administrative process and litigation in order to indicate that business planning and negotiation are no less important in China than elsewhere.

Suggested Citation

  • Dong-lai Li, 1993. "The Foreign Economic Contract Law of China: Case and Analysis," William Davidson Institute Working Papers Series 7, William Davidson Institute at the University of Michigan.
    • Handle: RePEc:wdi:papers:1993-7
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    File URL: http://deepblue.lib.umich.edu/bitstream/2027.42/39399/3/wp7.pdf
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    Cited by:

    1. Guriev, Sergei & Makarov, Igor & Maurel, Mathilde, 2002. "Debt Overhang and Barter in Russia," Journal of Comparative Economics, Elsevier, vol. 30(4), pages 635-656, December.
    2. Walsh, Patrick Paul & Whelan, Ciara, 2001. "Firm performance and the political economy of corporate governance: survey evidence for Bulgaria, Hungary, Slovakia and Slovenia," Economic Systems, Elsevier, vol. 25(2), pages 85-112, June.

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