| paper examines rampant securities offences and enforcement mechanisms
in China. The research material consists of all reported cases and other
documents of the Chinese Securities Regulatory Commission from 1993 to 2000.
The purpose of this paper is to explore the cultural and systematic roots of
these offences, the social, political, economic and legal origins of
securities regulation and how securities offences are dealt with by the
Chinese Securities Regulatory Commission, in the context of so-called
øsocialist market economyñ of the post-communist China. Although the
pragmatic desire for market confidence of both domestic and foreign
investors has forced the Chinese government to commit itself to improve the
law against securities offences, the systematic dilemma of mixed economy and
politics in the country makes the enforcement of securities offences even
more difficult.
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Updated 05/20/2006