Background: Online lending (P2P lending) is a type of internet finance mainly used to meet the financial needs of small and medium-sized enterprises and groups of individuals. It is a supplement to the traditional financial system. Method: This paper uses PPDai.com - the most influential online...

This article examines the new issued interpretation of Chinese Supreme Court's judicial interpretation concerning the sale and purchase contracts. The new ISPC clarifies several critical issues concerning the establishment, effectiveness and breach remedies of sale and purchase contracts and...

The state's right to outer space is far from clear delimitation. Outer space is a typical commons, which means every sovereign state has the right to use the outer space and no state has the right to exclude others from using the outer space. The logic of tragedy of commons equally applies in...

Umbrella Clause is the one of the most fascinating pending issue in international investment law which needs further clarity and clearance. It is noteworthy that the most leading cases in this scenario are raised by the very SGS Company. The purpose of this article is to summary the approaches...

This Article analyzes the core issues of the Diallo Judgment concerning investment protection and disputes resolutions and proposes the best approach for the ICJ in the light of institution interaction between the ICJ and the specialized investor-state dispute resolution mechanism. The potential...

This paper provides a first look at the ownership structure in the Growth Enterprise Market (GEM) of China which is a new market launched in 2009. By analyzing the unique dataset, I find that 46% of firms in our sample are created through pyramids. I identify the status of ultimate owner of each...

This paper examines the effectiveness and the independence board by using all firms listed on the main board of China from 2000 to 2009. I find significant inverse relationship between supervisory board size and firm performance. In addition, I find evidence of a significant nonmonotonic...