This text investigates the evolving legal framework governing foreign commercial and investment activities within the People's Republic of China following the implementation of the 1978 open door economic policy. Authors Jessie T. Change and Michael J. Moser provide a comprehensive introduction to the regulatory environment, analyzing how the Chinese government manages new economic activities such as compensation trade, licensing, and cooperative production. The work serves as a structured guide for understanding the legislative landscape that facilitates international business engagement in the region.

Experts and legal practitioners recognize this volume as a foundational resource for navigating the complexities of Chinese economic law during the country's period of rapid market expansion. Readers frequently note the clarity of the legislative summaries, which provide a necessary reference point for those engaging in cross-border business transactions.