China developed without clear entitlements, creating the China Puzzle for law and development theorists. But fundamental statutes regarding contract, torts, and property have been enacted by now. Will clear delineation of private rights drive China's future development? The answer largely...

The document contains the Introduction chapter to "Private Law in China and Taiwan: Economic and Legal Anaylses", Cambridge University Press, 2016. Editors: Yun-chien Chang, Wei Shen, Wen-yeu Wang. The book covers contract, torts, property, and business organization laws in China and Taiwan. The...