This book provides a comprehensive guide to the competition regimes of China, Hong Kong and Taiwan. Chinese developments are placed in the context of the adoption of competition regimes by developing and transitional states worldwide and also in relation to the influence of trans-national organisations on transitional states to adopt market-based economic strategies. The book adopts an inter-disciplinary approach considering the political, economic and legal issues relevant to competition policy adoption. The paradoxical phenomenon of Communist mainland China seeking to adopt a pro-competition law, whilst capitalist Hong Kong refuses to do so, is explained and contrasted with the successful Taiwanese adoption of a competition regime over a decade ago. The underlying economic and political forces that have shaped this unusual matrix are discussed and analysed with a theoretical explanation offered for its consequences.
• A comprehensive guide to the competition regimes of China, Hong Kong and Taiwan • Adopts an inter-disciplinary approach considering the political, economic and legal issues relevant to competition policy adoption in Greater China • Places the competition rules of each jurisdiction in the context of the underlying politico-economic forces that have shaped them
1. Introduction and methodology; 2. Competition theory and the experience of states adopting competition law; 3. The international perspective; 4. China and economic regulation: history, politics and economics; 5. Existing and proposed Chinese competition provisions; 6. Competitive Hong Kong: myths, perception and reality; 7. Implementation of competition policy in Hong Kong 1997–2004; 8. Electricity, telecommunication and broadcasting: competition regulation Hong Kong style; 9. Taiwan: the third China; 10. Political economy: an explanation of competition policy in Greater China; 11. Competition policy and law in Greater China: where next?