[PDF.20lv] Secured Finance Law in China and Hong Kong

Secured Finance Law in China and Hong Kong

[PDF.tw72] Secured Finance Law in China and Hong Kong

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 | #4846555 in Books |  Cambridge University Press |  2010-11-22 | Original language:English | PDF # 1 |  8.98 x.98 x5.98l,1.75 | File type: PDF | 450 pages

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||About the Author|Mark Williams is Professor of Law at the School of Accounting and Finance, Hong Kong Polytechnic University.

Haitian Lu is Assistant Professor of Law at the School of Accounting and Finance, Hong Kong Polytechnic University.

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 ...

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