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This textbook is for a  compulsory five-credit course in the Master of Laws in Chinese Business Law (LLM (Chinese Business Law)) program. It gives you a thorough overview of the principles and practices of Chinese contract law, as well as its implications in business law.

In this text, we will discuss the basic structure of Chinese contract law, including the legislation known as the Contract Law of the People’s Republic of China, and other related laws and regulations. Throughout the course, when we refer to ‘the Contract Law’ with an upper case ‘C’ and ‘L’ we mean the Contract Law of the People’s Republic of China. The ‘contract law’ in small letters refers to the law relating to contracts in China generally. Through this course, you will gain a good grasp of the key concepts and principles of contract law from the perspective of business practice. Upon completion of this course, you should have developed the necessary analytical skills for resolving contract law issues in real life cases.

The hallmark of contract law in capitalist economies is the concept of freedom of contract. In this course, we will examine the interplay between this concept and the socialist market economy with Chinese characteristics.

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