Foreign Investors Bypass China's Weak Property Rights, Thrive Through Innovative Contracts
Foreign investors in China have found ways to work around the country's weak property rights system by creating substitutes for formal property institutions. These substitutes help them secure their investments, transfer property, and resolve disputes. By using contract and law approaches, investors are able to navigate the legal system and protect their interests. Despite China's unconventional experience, property rights still play a crucial role in economic growth, with foreign investors adapting to the existing legal framework to succeed in the Chinese market.