Library

eCommons

 

Commercial Leasing in China: An Overview

Simple item page
dc.contributor.authorStein, Gregory M.
dc.date.accessioned2020-09-04T17:23:09Z
dc.date.available2020-09-04T17:23:09Z
dc.date.issued2010-07-01
dc.description.abstractChina’s real estate market—including its commercial leasing sector—has grown at a remarkable rate since the late 1980s, notwithstanding the fact that China did not adopt its first modern property law until 2007. Most of China’s recent real estate development thus has occurred in the absence of a comprehensive national property law. China has somehow managed to modernize its real estate market and attract foreign investment despite the fact that its legal system is incompletely developed and characterized by uncertainty. In an effort to understand how and why investors and other professionals are willing to participate in such an unsettled market, I recently interviewed Chinese and Western experts in the real estate field, including lawyers, judges, developers, bankers, government officials, and academics. This Article summarizes my findings about China’s commercial leasing market. The new property law provides some insight into how China’s real estate market functions, but a full picture requires an understanding of how these professionals have operated in a legally uncertain environment, both before and after the new law became effective.
dc.description.legacydownloads2010_26_33_Stein.pdf: 2351 downloads, before Aug. 1, 2020.
dc.identifier.other5416746
dc.identifier.urihttps://hdl.handle.net/1813/70668
dc.language.isoen_US
dc.relation.ispartofseriesCornell Real Estate Review
dc.rightsRequired Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
dc.subjectCornell
dc.subjectreal estate
dc.subjectChina
dc.subjectproperty law
dc.subjectmodernize
dc.subjectstable legal system
dc.subjectrate of return
dc.subjectcommercial law
dc.subjectguanxi
dc.subjectprivate ownership
dc.subjectevolving
dc.subjectcommercial construction
dc.subjectinternationalized
dc.subjectShanghai
dc.subjectlegal uncertainty
dc.titleCommercial Leasing in China: An Overview
dc.typearticle
local.authorAffiliationStein, Gregory M.: University of Tennessee
schema.issueNumberVol. 8

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
2010_26_33_Stein.pdf
Size:
361.33 KB
Format:
Adobe Portable Document Format
Download

Collections

CRER Vol. 08 (2010)