Until a couple of years ago, China did not have a single, coherent law that could govern one of the key components of a business arrangement: the trust. The PRC Trust Law (中华人民共和国信托法),
Plenty of Room to Grow: A Look at China's Business Trust Industry
Trusts in China have made considerable progress over the past few years. China's trust industry saw several positive developments in 2002, but much remains to be done to create an investment field with widespread appeal.
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