Notwithstanding the negative effects arising from global economic recession, E-commerce transactions in China has increased steadily. Meanwhile, the legal system still lacks specific regulations concerning consumer protection of distance contracts. Nevertheless, the distance consumer market in...

The long awaited first Act of China Private International Law, Law of Application of Law for Foreign-related Civil Relations of People's Republic of China (LALFCR), was adopted on October 28 2010, and will come into force on April 1 2011. Unprecedented, the legislation of China expresses its...

Following in the footsteps of the man whose name is associated with the Forty Thieves, and whose immortal words gave him access to the treasure, the twenty-first century's Alibaba found his pot of gold in Chinese consumer with his 'Open Sesame': the protection that Alipay delivers to consumers....

The article describes a few issues of financial consumer statues in China, including Overview of Financial Market in China, Regulation or Guidance Relating to Information and Charging, The Structure and Functions of Chinese Financial Consumer Protection Bodies, Redress and Dispute Resolution...

It is a hot topic to discuss the serious pollution situation in China recent years, but what are the implications for Chinese consumer? This short article is trying to remind both the regulator and the public in China that the pollution issue is one of the basic rights of consumer, and the...

This paper describes the Consumer Movement landscape in China, especially explains why consumer protection level is not match to the economic development of the country. Most activity on behalf of consumers in China cannot be described as “activism”. Rather, the government dominates consumer...

Variance-optimal hedging in a discrete-time framework is a practical options strategy that aims to reduce the residual risk. It has been widely used in volatility trading desks. In this paper, we solve the variance-optimal hedging problem for affine GARCH models both semi-explicitly and through...

Utilizing VAR-DCC-MVGARCH model and volatility spillover index, we examine international spillovers and spillbacks between SMICs and the U.S. Results show that SMICs and the U.S. present dynamic and asymmetric volatility spillovers and spillbacks during and beyond financial crisis. The effects...

Herein, a novel filed-free electrochemical sensor based on inverted Y-type DNA conformation was developed for the ultrasensitive determination of tetracycline (TC). In this sensor, a ferrocene was immobilized on a DNA strand near the interface and showing a signal as reference. Meanwhile, a...