DOI: 10.7256/2454-0706.2017.4.22955

Abstract: The subject of this article is the globalization and integration processes, which affect the overall atmosphere of development of China’s investment law. The author believes that globalization is the actual foundation of integration of the modern international economic activity. Integration, in turn, manifests as the highest level of international interaction on the basis of globalization. Due to these processes, there is a need to create a universal multilateral international investment agreement that will be the foundation for the international investment activity, as well as conduce the uniformity in the area of legal regulation of the investment relations. Using the historical, logical, and formal method alongside the comparative legal approach, the author conducts the analysis of development of PRC’s investment law in the context of globalization and integration processes. Based on the examination of development of legal regulation of the WTO’s investment relations and content of the national legal acts of modern China, a conclusion is made that the normative legal acts in the area of investment activity in modern China still has multiple flaws; and thus, it is necessary to carry out major reforms and create a new system of the investment law.

DOI: 10.7256/2454-0706.2017.4.43066

Abstract: The subject of this article is the globalization and integration processes, which affect the overall atmosphere of development of China’s investment law. The author believes that globalization is the actual foundation of integration of the modern international economic activity. Integration, in turn, manifests as the highest level of international interaction on the basis of globalization. Due to these processes, there is a need to create a universal multilateral international investment agreement that will be the foundation for the international investment activity, as well as conduce the uniformity in the area of legal regulation of the investment relations. Using the historical, logical, and formal method alongside the comparative legal approach, the author conducts the analysis of development of PRC’s investment law in the context of globalization and integration processes. Based on the examination of development of legal regulation of the WTO’s investment relations and content of the national legal acts of modern China, a conclusion is made that the normative legal acts in the area of investment activity in modern China still has multiple flaws; and thus, it is necessary to carry out major reforms and create a new system of the investment law.