Name: Secured Finance law in China and Hong Kong
Price: 61.54 EUR
Availability: InStock
Author: Mark Williams; Haitian Lu; Chin Aun Ong
ISBN: 9781108738408

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portada Secured Finance law in China and Hong Kong

Secured Finance law in China and Hong Kong

Type

Physical Book

Publisher

Cambridge University Press

Author

Mark Williams; Haitian Lu; Chin Aun Ong

Year

2019

Language

English

Pages

449

Format

Paperback

ISBN13

9781108738408

Synopsis "Secured Finance law in China and Hong Kong "

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.

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Secured Finance law in China and Hong Kong - Mark Williams; Haitian Lu; Chin Aun Ong

Synopsis "Secured Finance law in China and Hong Kong "

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