The Revised Contract Law and Its Implications on Consumerism in China.
International Journal of Business 2004, Wntr, 9, 1
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Beschreibung des Verlags
ABSTRACT Contract is one of the great pivots of commercial activity and an intrinsic part of nearly every consumer transaction. Being inspired by the discussion amongst western scholars that contract law is not a practical tool for protecting consumer, this paper scrutinizes the role of the Revised Contract Law in the field of consumer protection in China. Before examining the ramifications of the Revised Contract Law on Chinese consumerism, the paper outlines the development of the revised legislation and emphasizes its distinctive characteristics. Then the paper explores its implications. In the final remark, the paper concludes that the Revised Contract Law is positive for safeguarding consumer rights in China.
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