Chinese Legal Systems: Differences in Culture, Censorship
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Chinese Legal Systems: Differences in Culture, Censorship Instructions:
Chinese Legal Systems
Content:
Chinese Legal Systems Name Course Instructor Date Background The ease of doing business depends on the political /legal structure, business practices, and business environment. China has opened up to the world, but foreign businesses still face challenges while doing business because of legal restrictions and bureaucracy. Improving the financial channels, respecting human rights and the rule of law are crucial to attracting foreign investors. The media plays a crucial role in rooting out corruption and highlighting cases of corruption to facilitate the rule of law, but restrictions have also constrained the media’s ability to play a more active role in advocating for transparency of the regulatory authorities (Mo, 2013, p. 229). The case for accountability and transparency in the legal structure and business is that more people grow confident to invest in the country since they are assured that there will not face unnecessary hurdles., Uncertainties, involving trade disputes, make investors wary to put their money in the country, where there is no guarantee that the rule of law is respected and applicable to all without discrimination. Differences in culture Besides legal concerns, western and Chinese values differ that American investors need to understand how this affects the way of doing business and relations. Even though, the American system is individualistic, there are checks and balances. Differences in values does not mean that either to American or...
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