ABSTRACT
This chapter focuses on economic cooperation arrangements, including the dispute settlement mechanisms, between the Mainland and the two Special Administrative Regions (SARs) as well as the cross-strait economic relation. It discusses the characteristics of the individual legal system in China and their influences on the current method of cross-border legal cooperation in matters of civil and commercial cases among the four regions. The idea was proposed by Deng Xiaoping, the former Leader of the People's Republic of China (PRC). The principle has created a special political regime. The principle of "one country, two systems" is well defined by the Basic Law, which functions as an agreement signed between the central government and the SARs as a result of political integration. The implication for lack of comprehensive regional cross-border legal cooperation is that the cross-border economic participants among the four regions have to conduct their business seemingly in a jungle.
