literature Mainland China English original

China's Company Law: One Step Forward, Two Steps Back? A Modest Complaint

Critical account of the 1993 Company Law's compromises, especially as China moved from state ownership and administrative allocation toward securities offerings and corporate reorganization.

Open source

Use It For

Use this to help students see that Company Law reform has always been linked to SOE restructuring and capital-market policy.

Teaching Notes

It is a good historical foil for the 2023 revision: ask which old compromises have been solved, carried forward, or repackaged.