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The Legal Framework of EU-China Investment Relations - A Critical Appraisal (with a Foreword by Professor Sir Elihu Lauterpacht) (Hardcover)
Loot Price: R5,883
Discovery Miles 58 830
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The Legal Framework of EU-China Investment Relations - A Critical Appraisal (with a Foreword by Professor Sir Elihu Lauterpacht) (Hardcover)
Series: China and International Economic Law Series
Expected to ship within 12 - 17 working days
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EU investment in China has increased dramatically since the early
1990s and is poised to increase further in light of Chinas recent
accession to the World Trade Organisation. This book explores and
critically appraises the existing legal framework governing
EU-China investment relations,particularly EU investment in China.
The current legal framework is composed of Chinese law, EU law and
applicable international law, but the Chinese law is unsystematic
and hard to discover and the EU has acquired only shared external
investment competence which is vaguely defined. The applicable
international treaties are incomplete, incoherent, or either too
general or too specialised. Besides this, the international fora to
settle investment disputes are still not readily available.
Furthermore while law has played a very important role in
decision-making by EU investors, the Chinese legal system is
generally perceived as ineffective and lacking in effective
enforcement of court and arbitration decisions. What the book
demonstrates is that the time is ripe for a new international legal
framework for foreign investment in China, and that as EU-China
economic and political relations continue to improve, construction
of such a framework is not only necessary, but also possible.
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