Introduction

Zhen Meng ()
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Zhen Meng: Nanjing University of Science and Technology

Chapter Chapter 1 in Ownership of Trust Property in China, 2017, pp 1-11 from Springer

Abstract: Abstract The location of ownership of trust property has been an issue of debate among Chinese scholars since Chinese Trust Law was enacted in 2001. Almost every possible interpretation as to this issue has been presented by Chinese lawyers. Under the frustrating circumstances regarding this issue in China, this book describes various conventional interpretations of Chinese Trust Law submitted by legal scholars, and compares diverse approaches regarding the location of ownership of trust property provided by jurisdictions globally. In order to resolve this question, instead of directly answering the question “who is the owner of trust property in China?”, this book develops a new but more practical way to explain what has been facilitating the thriving Chinese trust industry in spite of the ambiguity of the Trust Law, using a social capital perspective. This book also further tries to predicts under what conditions is the time ripe to clarify the location of the ownership of trust property in China.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:perchp:978-981-10-5846-2_1

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DOI: 10.1007/978-981-10-5846-2_1

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