ABSTRACT

This conclusion presents some closing thoughts on concepts discussed in the preceding chapters of this book. The book offers a portrait of the nexus of power, economy and law based on extensive research and knowledge of the country. It examines how decisions made in Beijing may affect the everyday experiences of ordinary people who simply seek a fair deal in protecting their interests through a just legal system. The book highlights the need to understand and disaggregate institutional contexts in which law reform takes place. It shows that solid macroeconomic policies and the quality of the business environment are more important to China's economic growth and investors than judicial enforcement. The book refers to specific new reforms in rural property rights, liberalizing the land market and loosening Hukou restrictions. It analyzes bilateral issues in developments in the national security review of foreign direct investment regimes in the United States and China.