Recently surpassing Japan, China is now the second largest economy in the world following the United States (U.S. Department of State). This rise has taken place over the last three decades as China has slowly loosened its trade policies from a central system to a more market-orientated system (CIA...

• Word Count: 3326
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

I. Introduction While working on a draft of this essay, a copy of Chao Xi's [Chinese characters?] new book, Corporate Governance and Legal Reform in China (2009) came across my desk. The existence of such a book, published in English, written for a specialized area of legal practice, is an important marker. Over the past twenty years, Chinese law has undergone a truly astounding metamorphosis. ...

• Word Count: 9567
• Approx Pages: 38
• Has Bibliography