Topic: The creation of a functioning market-based economic system in China is difficult, if not impossible, given current legal arrangements, Critically assess whether, or to what extent, this statement is correct. Since the reform undergone in 1978, China has experienced many changes in its legal arrangements for the socialist market development. The ultimate aim of the reform is to improve the living standards in China. Before the reform, China was adopting the planned economy for political …showed first 75 words of 1893 total…

…showed last 75 words of 1893 total…in Hong Kong, 2002 Bibliography 1.<Tab/>Yingyi Qian, The Modern Market Economy and the Rule of Law, Perspectives, Vol.1, no. 5, 2003 2.<Tab/>Suzanne Ogden, China's Unresolved Issues, 1992, p.164 3.<Tab/>Zhiwu Chen, Capital Markets and Legal Development: the China Case, Yale School of Management Press, 2003 4.<Tab/>Elsie Leung, Speech on China's Accession to the WTO and the Legal Services in Hong Kong, 2002