ENGLISH

Legal Aspects of Privately Financed Infrastructure Projects (PFIPs) in China: The Case for International Standards

Book information

Publisher
Springer Singapore;Springer
Year
2020
ISBN
9789811568022, 9789811568039
DOI
10.1007/978-981-15-6803-9
Language
english
Format
PDF
Filesize
3 MB (3106412 bytes)
Edition
1st ed.
Pages
XI, 209\215
Time added
2021-01-06 05:41:07

Description

This book discusses the reform and improvement of Chinese legislation on Privately Financed Infrastructure Projects (PFIPs), the goal being to help its implementation in China satisfy international standards. In this regard, current Chinese laws are found to be insufficient when it comes to reducing risks to PFIPs, due to certain shortcomings. Therefore, the corresponding legislation must be reformed and improved.The Legislative Guide and Model Provisions drafted by UNCITRAL are discussed as the international standards that can effectively guide this reform; other countries’ laws on PFIPs provide supplementary reference material.Given the rapid rise in the use of PFIPs in China, this book offers a strong theoretical basis for improving Chinese legislation. It also provides general suggestions that can be applied to the reform of laws on PFIPs in any country.

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