Boosting Growth through Strengthening Investor and Creditor Protection in China: How China Can Learn from the UK experience

Start date: 1 May 2017
End date: 21 February 2021
Funder: Economic and Social Research Council (ESRC) Global Challenges Research Fund
Value: £325,000 (University of Leeds) (an additional £200,000 has been awarded to collaborators at the University of Wuhan)
Primary investigator: Professor Gerard McCormack

This project demonstrates how China might benefit from the experience of the UK in building its legal infrastructure and creating a more competitive financial and legal system with increased opportunities for all. Specifically, it will propose reforms needed for minority investor protection, availability of credit and resolving ailing business on the basis of the UK experience, World Bank data and other international benchmarks. This research can influence policy-makers, and guide investors, companies and practitioners. The research can also assist the World Bank in assessing the reliability of its Doing Business data in relation to China and where necessary adjusting this information.