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Secured Finance Law in China and Hong Kong on Hardback by Mark Williams
Secured Finance Law in China and Hong Kong on Hardback by Mark Williams
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Secured Finance Law in China and Hong Kong

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Secured Finance Law in China and Hong Kong

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Hardback
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Description

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.

Author Biography:

Mark Williams is Professor of Law at the School of Accounting and Finance, Hong Kong Polytechnic University. Haitian Lu is Assistant Professor of Law at the School of Accounting and Finance, Hong Kong Polytechnic University. Chin Aun Ong served as Associate Professor of Law at the School of Accounting and Finance, Hong Kong Polytechnic University.
Release date NZ
October 14th, 2010
Audience
  • Professional & Vocational
Pages
450
Dimensions
155x235x25
ISBN-13
9780521519342
Product ID
6703015

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Books >
Non-Fiction >
Professional & Technical >
Law >
Laws of other jurisdictions & general law >
Financial, taxation, commercial, industrial law >
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Books >
Non-Fiction >
Professional & Technical >
Law >
Laws of other jurisdictions & general law >
Financial, taxation, commercial, industrial law
Books >
Non-Fiction >
Professional & Technical >
Law >
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Company, commercial & competition law
Books >
Non-Fiction >
Professional & Technical >
Law >
Laws of Specific jurisdictions >
Financial law >
Banking law