Credit Legal System Research of Chinese Market Economy – Based on the Financial Crisis Brought by the United States’ Subprime Crisis

Haibin YU

Abstract


The financial crisis brought by the United States’ subprime crisis is in fact serious problems occurred in financial debt credit basis of the financial market. This paper particularly investigates credit, explores current status of the credit legal system in Chinese market economy, analyzes the United States’ credit legal system and its important inspiration to China, and then proposes some ideas in constructing Chinese credit legal system and suggestions for its perfection in order to contribute to Chinese credit legal system research and legal practice.

Key words: Credit; Credit crisis; Protection of rights; Risk prevention


References


CHEN, Qian, & TANG, Minhao (2005). Credit – Legal System and Practices (p. 5). Law Press China.

LEI, Xinghu, & CAI, Ye (2003). China’s Commercial Credit Management Mechanism. Studies in Law and Business, (5), 23.

 


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