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Topic: |
Business
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Number of pages / Number of words: |
9 / 2245 |
Essay's paper body
However, at present, the law to regulate BOT mode is still not perfect, and the relatively sound legal weather in favor of the BOT projects hasnât been formed yet.
2.Conflicts between International BOT Investment Contracts and current Chinese Laws
1) conflicts with Constitution
BOT Contract is a concession agreement between government and investment enterprises...
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According to the 1st paragraph of article 18, in Chinaâs Constitution, âThe People's Republic of China permits foreign enterprises, other foreign economic organizations and individual foreigners to invest in China and to enter into various forms of economic cooperation with Chinese enterprises and other Chinese economic organizations in accordance with the law of the People's Republic of Chinaâ, the Chinese subject has been limited to âenterprises or other Chinese economic organizationsâ, and the status of the BOT Contract, one of whose parties shall be government, has yet not been confirmed in the legal system of Chinese foreign investment...
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