| ID | 137501 |
| Title Proper | Closed doors of courts |
| Other Title Information | China's judicial filtration of financial litigations |
| Language | ENG |
| Author | Huang, Tao ; Zhao, Yuan |
| Summary / Abstract (Note) | In China, courts may refuse to accept certain legal actions involving financial matters without any solid or explicit legal grounds. An analysis of such a phenomenon should help scholars to understand the functioning logic of China's judicial power. This article suggests that there are a number of reasons behind the filtration system, including a lack of applicable legal rules, a weak ability of the courts to understand complicated financial matters, the background of the economic system transition, the political consideration of ‘maintaining social stability’ and judiciary self-interest. Filtration has inevitably had a negative effect on China's financial markets, and reform is thus necessary. |
| `In' analytical Note | Journal of Contemporary China Vol. 24, No. 93; May 2015: p.493-510 |
| Journal Source | Journal of Contemporary China Vol: 24 No 93 |
| Key Words | China ; Social Stability ; Financial Markets ; Judicial Filtration ; Financial Litigations ; China's Judicial Power ; Financial Disputes |