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Ownership of Trust Property in China

Ownership of Trust Property in China
Author: Zhen Meng
Publisher: Springer
Total Pages: 178
Release: 2017-07-25
Genre: Law
ISBN: 9811058466

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This book presents a hotly debated issue concerning the ownership of trust property in China. The book describes various conventional interpretations of Chinese Trust Law submitted by legal scholars and compares diverse approaches regarding the ownership of trust property provided by jurisdictions globally. The book does not directly answer the question “Who is the owner of trust property in China?” Instead, using a social capital perspective, it develops a more practical perspective to explain why Chinese trust business has grown rapidly even in lack of legal certainty regarding the location of ownership of trust property. The book also further predicts under what conditions is the time ripe to clarify the location of the ownership of trust property in China. By employing those sociological concepts often used to depict and analyze society, this book outlines the structure of the Chinese trust business and related social relations in different stages, i.e., the current rapid development stage, and the possible transitional stage in the near future. The focus is on how the social network structure affects the behavior of actors (such as the settlor, the trustee, and the beneficiaries, and/or their potential candidates) within the relevant section of Chinese society. The book provides readers with an intensive analysis of the impacts of historical, cultural, and social elements on the legislation and development of trust law in China. It will appeal both to lawyers interested in the Chinese trust business and to comparative law researchers and social scientists.


Trust Law in China

Trust Law in China
Author: Lusina Ho
Publisher:
Total Pages: 356
Release: 2003
Genre: Trusts and trustees
ISBN:

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Trust Law of China and Its Uncertainties

Trust Law of China and Its Uncertainties
Author: Ruiqiao Zhang
Publisher:
Total Pages: 34
Release: 2015
Genre:
ISBN:

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Because of the trust's advantages in investment, banking, financing and property management, China took the bold step of introducing the trust in 2001. However, as a product of equitable jurisdiction, the trust seemed to be alien to Chinese law, and seemed particularly inconsistent with the Chinese property system. Therefore, China went down a tortuous road upon its introduction of trusts before eventually promulgating the Trust Law of China in 2001. However, the Trust Law of China deliberately leaves open the fundamental question of the introduction of dual ownership of trust property, which results in a number of limitations in the Chinese legislation. For instance, the ambiguous ownership of trust property and the outstanding nature of the beneficiary's rights all bedevil efforts to analyse Chinese trust law. In this paper, the author first investigates the history of trust in China and Legal Reforms of Chinese Trust Business. Based on this analysis, the following section presents a detailed examination of the Trust Law of China and the limitations of the Chinese trust system.


Registration of Chinese Trusts

Registration of Chinese Trusts
Author: Siyi Lin
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN:

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The registration of the trust property (RTP) requirement was introduced in 2001 with the enactment of Article 10 of the Trust Law of the People's Republic of China (Chinese Trust Law). However, over the past two decades, neither legislators nor courts have issued any instructions guiding the implementation of the RTP requirement. This has led to difficulties implementing it, considerably hindering the development of real estate trusts in China. In 2016, the China Banking Regulatory Commission established China Trust Registration Co., Ltd. (CTR), to register Chinese trusts. However, the CTR system centres on registering trust products rather than trust property; as such, it cannot implement the RTP requirement under Article 10. With the imminent promulgation of the Real Estate Registration Law, questions regarding whether trust registration is necessary and how to implement it have been intensively discussed recently. Against this backdrop, this article explores the underlying rationale of the RTP requirement from a comparative law perspective and offers suggestions for its implementation. This exploration has two purposes: first, to better understand the behind rationale of the RTP requirement and its unique role under the Chinese Trust Law; second, to furnish comparative law scholarship with broader insights into rule transplantation and reconciliation.


Trust Law in Asian Civil Law Jurisdictions

Trust Law in Asian Civil Law Jurisdictions
Author: Lusina Ho
Publisher: Cambridge University Press
Total Pages: 321
Release: 2013-07-11
Genre: Law
ISBN: 110724479X

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The reception of the trust in civil law jurisdictions has generated considerable conceptual debate internationally and in East Asia. In Trust Law in Asian Civil Law Jurisdictions, the authors: • Provide a detailed comparative examination of trust laws in Asian civil law jurisdictions from both operational and theoretical perspectives • Discuss the reception of the trust laws in Japan, South Korea, Taiwan and China and the challenges facing them • Engage in in-depth comparative inquiries as to how these Asian legal systems resolve questions pertaining to the trust • Evaluate the distinctive features of Asian trusts and how they are moulded to suit the civilian legal frameworks within which they are situated. The analysis intersects with the Trento trust project in Europe, but also differs from it by providing valuable perspectives of the 'Asian' approaches to trust researchers in Asia and the Anglophone world at large.


China Law Deskbook

China Law Deskbook
Author: James M. Zimmerman
Publisher: American Bar Association
Total Pages: 1192
Release: 2005
Genre: Investments, Foreign
ISBN: 9781616327897

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Legal Certainty in a Contemporary Context

Legal Certainty in a Contemporary Context
Author: Mark Fenwick
Publisher: Springer
Total Pages: 194
Release: 2016-04-02
Genre: Law
ISBN: 9811001146

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This book addresses issues concerning the shifting contemporary meaning of legal certainty. The book focuses on exploring the emerging tensions that exist between the demand for legal certainty and the challenges of regulating complex, late modern societies. The book is divided into two parts: the first part focusing on debates around legal certainty at the national level, with a primary emphasis on criminal law; and the second part focusing on debates at the transnational level, with a primary emphasis on the regulation of transnational commercial transactions. In the context of legal modernity, the principle of legal certainty—the idea that the law must be sufficiently clear to provide those subject to legal norms with the means to regulate their own conduct and to protect against the arbitrary use of public power—has operated as a foundational rule of law value. Even though it has not always been fully realized, legal certainty has functioned as a core value and aspiration that has structured normative debates throughout political modernity, both at a national and international level. In recent decades, however, legal certainty has come under increasing pressure from a number of competing demands that are made of contemporary law, in particular the demand that the law be more flexible and responsive to a social environment characterized by rapid social and technological change. The expectation that the law operates in new transnational contexts and regulates every widening sphere of social life has created a new degree of uncertainty, and this change raises difficult questions regarding both the possibility and desirability of legal certainty. This book compiles, in one edited volume, research from a range of substantive areas of civil and criminal law that shares a common interest in understanding the multi-layered challenges of defining legal certainty in a late modern society. The book will be of interest both to lawyers interested in understanding the transformation of core rule of law values in the context of contemporary social change and to political scientists and social theorists.


Company Law in China

Company Law in China
Author: Jiang Yu Wang
Publisher: Edward Elgar Publishing
Total Pages: 407
Release: 2014-04-25
Genre: Law
ISBN: 1849805733

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This accessible book offer a comprehensive and critical introduction to the law on business organizations in the People�s Republic of China. The coverage focuses on the 2005-adopted PRC Company Law and the most recent legislative and regulatory develop


China’s Grand Strategy

China’s Grand Strategy
Author: Andrew Scobell
Publisher: Rand Corporation
Total Pages: 155
Release: 2020-07-27
Genre: History
ISBN: 1977404200

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To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.