Comparison of Japanese and Chinese Guarantee Legal Systems

Author: Deng Zengjia
Publisher:
Publish Date: 1999-06-01
Features: This book is a treatise that compares the Chinese Guarantee Law with the Japanese Guarantee Law. Its content covers the entire field of the Chinese Guarantee Law, but the focus is placed on the mortgage right, which has the most important guarantee function. China is a socialist country based on public ownership, while Japan is a capitalist country based on private ownership, with completely different economic foundations. However, since China has shifted from a planned economy to a market economy, the two countries have had commonalities in the market economy. Especially since the 1990s, China has intensified its market economy reforms, and these commonalities have become increasingly prominent. This is also an inevitable result of following the historical trend after the end of the Cold War between the East and the West.