An Empirical Analysis

There has been growing interest in aca- demic scholarship to study and analyse the emerging legal regime in China. The reason simply is that three decades of economic reform that China underwent since 1978 has significantly contributed in reshaping its legal jurisprudence on several key areas. China promulgated key laws related to enterprise regulation, companies, and joint ventures to attract foreign investment, banking sector, insurance, economic contract, labour regulation, and property rights etc. in order to make the legal system receptive to the needs of an emerging economy. This had a significant impact over China’s deteriorating environmental protection standards. China’s environment paid a steep price for this economic growth. Water pollution, air pollution, and soil degradation pose enormous threat to ecosystems and human health.