id	sid	tid	token	lemma	pos
cjal-3258	1	1	bargaining	bargain	VERB
cjal-3258	1	2	for	for	ADP
cjal-3258	1	3	compensation	compensation	NOUN
cjal-3258	1	4	in	in	ADP
cjal-3258	1	5	the	the	DET
cjal-3258	1	6	shadow	shadow	NOUN
cjal-3258	1	7	of	of	ADP
cjal-3258	1	8	regulatory	regulatory	ADJ
cjal-3258	1	9	giving	giving	NOUN
cjal-3258	1	10	:	:	PUNCT
cjal-3258	1	11	the	the	DET
cjal-3258	1	12	case	case	NOUN
cjal-3258	1	13	of	of	ADP
cjal-3258	1	14	stock	stock	NOUN
cjal-3258	1	15	trading	trading	NOUN
cjal-3258	1	16	rights	right	NOUN
cjal-3258	1	17	reform	reform	NOUN
cjal-3258	1	18	in	in	ADP
cjal-3258	1	19	china	china	PROPN
cjal-3258	1	20	bargaining	bargain	VERB
cjal-3258	1	21	for	for	ADP
cjal-3258	1	22	compensation	compensation	NOUN
cjal-3258	1	23	in	in	ADP
cjal-3258	1	24	the	the	DET
cjal-3258	1	25	shadow	shadow	NOUN
cjal-3258	1	26	of	of	ADP
cjal-3258	1	27	regulatory	regulatory	ADJ
cjal-3258	1	28	giving	giving	NOUN
cjal-3258	1	29	:	:	PUNCT
cjal-3258	1	30	the	the	DET
cjal-3258	1	31	case	case	NOUN
cjal-3258	1	32	of	of	ADP
cjal-3258	1	33	stock	stock	NOUN
cjal-3258	1	34	trading	trading	NOUN
cjal-3258	1	35	rights	right	NOUN
cjal-3258	1	36	reform	reform	NOUN
cjal-3258	1	37	in	in	ADP
cjal-3258	1	38	china	china	PROPN
cjal-3258	1	39	wallace	wallace	PROPN
cjal-3258	1	40	wen	wen	PROPN
cjal-3258	1	41	-	-	PUNCT
cjal-3258	1	42	yeu	yeu	PROPN
cjal-3258	1	43	wang	wang	PROPN
cjal-3258	1	44	*	*	PROPN
cjal-3258	1	45	jian	jian	PROPN
cjal-3258	1	46	-	-	PUNCT
cjal-3258	1	47	lin	lin	PROPN
cjal-3258	1	48	chen	chen	PROPN
cjal-3258	1	49	*	*	PROPN
cjal-3258	1	50	*	*	PROPN
cjal-3258	1	51	1	1	X
cjal-3258	1	52	.	.	X
cjal-3258	2	1	in	in	ADP
cjal-3258	2	2	tr	tr	NOUN
cjal-3258	2	3	o	o	NOUN
cjal-3258	2	4	d	d	X
cjal-3258	2	5	u	u	NOUN
cjal-3258	2	6	ctio	ctio	NOUN
cjal-3258	2	7	n	n	X
cjal-3258	2	8	........................................................................	........................................................................	PUNCT
cjal-3258	2	9	299	299	NUM
cjal-3258	2	10	ii	ii	NOUN
cjal-3258	2	11	.	.	PUNCT
cjal-3258	3	1	historical	historical	ADJ
cjal-3258	3	2	background	background	NOUN
cjal-3258	3	3	and	and	CCONJ
cjal-3258	3	4	reform	reform	NOUN
cjal-3258	3	5	......................	......................	PUNCT
cjal-3258	4	1	303	303	NUM
cjal-3258	4	2	a.	a.	NOUN
cjal-3258	4	3	historical	historical	ADJ
cjal-3258	4	4	background	background	NOUN
cjal-3258	4	5	.....................................................	.....................................................	PUNCT
cjal-3258	4	6	303	303	NUM
cjal-3258	4	7	b.	b.	NOUN
cjal-3258	4	8	deficiencies	deficiency	NOUN
cjal-3258	4	9	in	in	ADP
cjal-3258	4	10	the	the	DET
cjal-3258	4	11	split	split	ADJ
cjal-3258	4	12	share	share	NOUN
cjal-3258	4	13	structure	structure	NOUN
cjal-3258	4	14	.......................	.......................	PUNCT
cjal-3258	4	15	305	305	NUM
cjal-3258	4	16	c.	c.	NOUN
cjal-3258	4	17	the	the	DET
cjal-3258	4	18	implemented	implement	VERB
cjal-3258	4	19	reform	reform	NOUN
cjal-3258	4	20	....................................................	....................................................	PUNCT
cjal-3258	4	21	308	308	NUM
cjal-3258	4	22	iii	iii	NOUN
cjal-3258	4	23	.	.	NOUN
cjal-3258	4	24	doctrinal	doctrinal	ADJ
cjal-3258	4	25	and	and	CCONJ
cjal-3258	4	26	legal	legal	ADJ
cjal-3258	4	27	basis	basis	NOUN
cjal-3258	4	28	:	:	PUNCT
cjal-3258	4	29	traditional	traditional	ADJ
cjal-3258	4	30	a	a	DET
cjal-3258	4	31	ppr	ppr	NOUN
cjal-3258	4	32	o	o	NOUN
cjal-3258	4	33	a	a	DET
cjal-3258	4	34	c	c	NOUN
cjal-3258	4	35	h	h	NOUN
cjal-3258	4	36	e	e	X
cjal-3258	4	37	s	s	PROPN
cjal-3258	4	38	............................................................................	............................................................................	PUNCT
cjal-3258	4	39	312	312	NUM
cjal-3258	4	40	a.	a.	NOUN
cjal-3258	4	41	contract	contract	NOUN
cjal-3258	4	42	theory	theory	NOUN
cjal-3258	4	43	and	and	CCONJ
cjal-3258	4	44	other	other	ADJ
cjal-3258	4	45	private	private	ADJ
cjal-3258	4	46	law	law	NOUN
cjal-3258	4	47	remedies	remedy	VERB
cjal-3258	4	48	.....	.....	PUNCT
cjal-3258	5	1	312	312	NUM
cjal-3258	5	2	1	1	NUM
cjal-3258	5	3	.	.	PUNCT
cjal-3258	5	4	share	share	NOUN
cjal-3258	5	5	e	e	PROPN
cjal-3258	5	6	quality	quality	NOUN
cjal-3258	5	7	..................................................................	..................................................................	PUNCT
cjal-3258	5	8	3	3	NUM
cjal-3258	5	9	13	13	NUM
cjal-3258	5	10	2	2	NUM
cjal-3258	5	11	.	.	PUNCT
cjal-3258	5	12	trading	trading	NOUN
cjal-3258	5	13	rights	right	NOUN
cjal-3258	5	14	and	and	CCONJ
cjal-3258	5	15	non	non	ADJ
cjal-3258	5	16	-	-	ADJ
cjal-3258	5	17	tradable	tradable	ADJ
cjal-3258	5	18	shares	share	NOUN
cjal-3258	5	19	........................	........................	PUNCT
cjal-3258	5	20	315	315	NUM
cjal-3258	5	21	3	3	NUM
cjal-3258	5	22	.	.	PUNCT
cjal-3258	5	23	analyzing	analyze	VERB
cjal-3258	5	24	the	the	DET
cjal-3258	5	25	contract	contract	NOUN
cjal-3258	5	26	....................................................	....................................................	PUNCT
cjal-3258	5	27	316	316	NUM
cjal-3258	5	28	4	4	NUM
cjal-3258	5	29	.	.	PUNCT
cjal-3258	6	1	tort	tort	NOUN
cjal-3258	6	2	and	and	CCONJ
cjal-3258	6	3	unjust	unjust	ADJ
cjal-3258	6	4	enrichment	enrichment	NOUN
cjal-3258	6	5	.............................................	.............................................	PUNCT
cjal-3258	6	6	318	318	NUM
cjal-3258	6	7	5	5	NUM
cjal-3258	6	8	.	.	PUNCT
cjal-3258	6	9	conclusion	conclusion	NOUN
cjal-3258	6	10	on	on	ADP
cjal-3258	6	11	private	private	ADJ
cjal-3258	6	12	law	law	NOUN
cjal-3258	6	13	remedies	remedy	NOUN
cjal-3258	6	14	.............................	.............................	PUNCT
cjal-3258	7	1	319	319	NUM
cjal-3258	7	2	b.	b.	PROPN
cjal-3258	7	3	public	public	ADJ
cjal-3258	7	4	law	law	NOUN
cjal-3258	7	5	remedies	remedy	VERB
cjal-3258	7	6	.....	.....	PUNCT
cjal-3258	7	7	.	.	PUNCT
cjal-3258	8	1	.....	.....	PUNCT
cjal-3258	8	2	...........................	...........................	PUNCT
cjal-3258	9	1	320	320	NUM
cjal-3258	9	2	1	1	NUM
cjal-3258	9	3	.	.	PUNCT
cjal-3258	9	4	scope	scope	NOUN
cjal-3258	9	5	of	of	ADP
cjal-3258	9	6	judicial	judicial	ADJ
cjal-3258	9	7	review	review	NOUN
cjal-3258	9	8	.................................................	.................................................	PUNCT
cjal-3258	9	9	320	320	NUM
cjal-3258	9	10	2	2	NUM
cjal-3258	9	11	.	.	PUNCT
cjal-3258	10	1	a	a	DET
cjal-3258	10	2	pplicable	pplicable	ADJ
cjal-3258	10	3	l	l	NOUN
cjal-3258	11	1	aw	aw	INTJ
cjal-3258	11	2	................................................................	................................................................	PUNCT
cjal-3258	11	3	323	323	NUM
cjal-3258	11	4	3	3	NUM
cjal-3258	11	5	.	.	PUNCT
cjal-3258	11	6	u.s	u.s	PROPN
cjal-3258	11	7	.	.	PROPN
cjal-3258	11	8	regulatory	regulatory	ADJ
cjal-3258	11	9	takings	taking	NOUN
cjal-3258	11	10	doctrine	doctrine	NOUN
cjal-3258	11	11	..................................	..................................	PUNCT
cjal-3258	11	12	324	324	NUM
cjal-3258	11	13	c.	c.	NOUN
cjal-3258	11	14	limitations	limitation	NOUN
cjal-3258	11	15	of	of	ADP
cjal-3258	11	16	the	the	DET
cjal-3258	11	17	public	public	ADJ
cjal-3258	11	18	-	-	PUNCT
cjal-3258	11	19	private	private	ADJ
cjal-3258	11	20	dichotomy	dichotomy	NOUN
cjal-3258	11	21	................	................	PUNCT
cjal-3258	11	22	326	326	NUM
cjal-3258	11	23	iv	iv	NOUN
cjal-3258	11	24	.	.	NOUN
cjal-3258	11	25	doctrinal	doctrinal	ADJ
cjal-3258	11	26	and	and	CCONJ
cjal-3258	11	27	legal	legal	ADJ
cjal-3258	11	28	basis	basis	NOUN
cjal-3258	11	29	:	:	PUNCT
cjal-3258	11	30	givings	giving	NOUN
cjal-3258	11	31	doctrine	doctrine	NOUN
cjal-3258	11	32	..	..	PUNCT
cjal-3258	11	33	327	327	NUM
cjal-3258	11	34	a.	a.	NOUN
cjal-3258	11	35	importance	importance	NOUN
cjal-3258	11	36	and	and	CCONJ
cjal-3258	11	37	relevance	relevance	NOUN
cjal-3258	11	38	of	of	ADP
cjal-3258	11	39	givings	giving	NOUN
cjal-3258	11	40	.............................	.............................	PUNCT
cjal-3258	12	1	327	327	NUM
cjal-3258	12	2	b.	b.	NOUN
cjal-3258	12	3	identifying	identify	VERB
cjal-3258	12	4	and	and	CCONJ
cjal-3258	12	5	charging	charge	VERB
cjal-3258	12	6	the	the	DET
cjal-3258	12	7	givings	giving	NOUN
cjal-3258	12	8	.............................	.............................	PUNCT
cjal-3258	13	1	331	331	NUM
cjal-3258	13	2	1	1	NUM
cjal-3258	13	3	.	.	PUNCT
cjal-3258	14	1	r	r	NOUN
cjal-3258	14	2	eversibility	eversibility	NOUN
cjal-3258	14	3	of	of	ADP
cjal-3258	14	4	the	the	DET
cjal-3258	14	5	a	a	DET
cjal-3258	14	6	ct	ct	NOUN
cjal-3258	14	7	............................................................	............................................................	PUNCT
cjal-3258	14	8	331	331	NUM
cjal-3258	14	9	2	2	NUM
cjal-3258	14	10	.	.	PUNCT
cjal-3258	14	11	identifiability	identifiability	NOUN
cjal-3258	14	12	of	of	ADP
cjal-3258	14	13	the	the	DET
cjal-3258	14	14	recipients	recipient	NOUN
cjal-3258	14	15	........................................	........................................	PUNCT
cjal-3258	15	1	333	333	NUM
cjal-3258	15	2	professor	professor	NOUN
cjal-3258	15	3	of	of	ADP
cjal-3258	15	4	law	law	NOUN
cjal-3258	15	5	and	and	CCONJ
cjal-3258	15	6	director	director	NOUN
cjal-3258	15	7	of	of	ADP
cjal-3258	15	8	the	the	DET
cjal-3258	15	9	center	center	NOUN
cjal-3258	15	10	for	for	ADP
cjal-3258	15	11	corporate	corporate	ADJ
cjal-3258	15	12	and	and	CCONJ
cjal-3258	15	13	financial	financial	ADJ
cjal-3258	15	14	law	law	NOUN
cjal-3258	15	15	,	,	PUNCT
cjal-3258	15	16	college	college	NOUN
cjal-3258	15	17	of	of	ADP
cjal-3258	15	18	law	law	NOUN
cjal-3258	15	19	,	,	PUNCT
cjal-3258	15	20	national	national	PROPN
cjal-3258	15	21	taiwan	taiwan	PROPN
cjal-3258	15	22	university	university	PROPN
cjal-3258	15	23	*	*	PUNCT
cjal-3258	15	24	"	"	PUNCT
cjal-3258	15	25	fourth	fourth	ADJ
cjal-3258	15	26	year	year	NOUN
cjal-3258	15	27	law	law	NOUN
cjal-3258	15	28	student	student	NOUN
cjal-3258	15	29	,	,	PUNCT
cjal-3258	15	30	national	national	PROPN
cjal-3258	15	31	university	university	PROPN
cjal-3258	15	32	of	of	ADP
cjal-3258	15	33	singapore	singapore	PROPN
cjal-3258	15	34	.	.	PUNCT
cjal-3258	16	1	2006	2006	NUM
cjal-3258	16	2	]	]	PUNCT
cjal-3258	16	3	regulatory	regulatory	ADJ
cjal-3258	16	4	givings	giving	NOUN
cjal-3258	16	5	in	in	ADP
cjal-3258	16	6	china	china	PROPN
cjal-3258	16	7	299	299	NUM
cjal-3258	16	8	3	3	NUM
cjal-3258	16	9	.	.	PUNCT
cjal-3258	16	10	proximity	proximity	NOUN
cjal-3258	16	11	of	of	ADP
cjal-3258	16	12	the	the	DET
cjal-3258	16	13	act	act	NOUN
cjal-3258	16	14	to	to	ADP
cjal-3258	16	15	a	a	DET
cjal-3258	16	16	taking	taking	NOUN
cjal-3258	16	17	......................................	......................................	PUNCT
cjal-3258	16	18	334	334	NUM
cjal-3258	16	19	4	4	NUM
cjal-3258	16	20	.	.	X
cjal-3258	17	1	refusability	refusability	NOUN
cjal-3258	17	2	of	of	ADP
cjal-3258	17	3	the	the	DET
cjal-3258	17	4	benefits	benefit	NOUN
cjal-3258	17	5	..............................................	..............................................	PUNCT
cjal-3258	18	1	336	336	NUM
cjal-3258	18	2	v.	v.	ADP
cjal-3258	18	3	economic	economic	ADJ
cjal-3258	18	4	analysis	analysis	NOUN
cjal-3258	18	5	of	of	ADP
cjal-3258	18	6	the	the	DET
cjal-3258	18	7	chinese	chinese	ADJ
cjal-3258	18	8	reform	reform	NOUN
cjal-3258	18	9	..........	..........	PUNCT
cjal-3258	18	10	337	337	NUM
cjal-3258	18	11	a.	a.	NOUN
cjal-3258	18	12	property	property	NOUN
cjal-3258	18	13	rule	rule	NOUN
cjal-3258	18	14	vs.	vs.	ADP
cjal-3258	18	15	liability	liability	NOUN
cjal-3258	18	16	rule	rule	NOUN
cjal-3258	18	17	vs.	vs.	ADP
cjal-3258	18	18	mandatory	mandatory	ADJ
cjal-3258	18	19	t	t	PROPN
cjal-3258	18	20	ran	run	VERB
cjal-3258	18	21	sfer	sfer	VERB
cjal-3258	18	22	r	r	NOUN
cjal-3258	18	23	ule	ule	NOUN
cjal-3258	18	24	......................................................................	......................................................................	PUNCT
cjal-3258	18	25	337	337	NUM
cjal-3258	18	26	b.	b.	NOUN
cjal-3258	18	27	privatized	privatized	ADJ
cjal-3258	18	28	bargaining	bargaining	NOUN
cjal-3258	18	29	issues	issue	NOUN
cjal-3258	18	30	.............................................	.............................................	PUNCT
cjal-3258	19	1	341	341	NUM
cjal-3258	19	2	1	1	NUM
cjal-3258	19	3	.	.	PUNCT
cjal-3258	19	4	negligibility	negligibility	NOUN
cjal-3258	19	5	of	of	ADP
cjal-3258	19	6	transaction	transaction	NOUN
cjal-3258	19	7	costs	cost	NOUN
cjal-3258	19	8	...................................	...................................	PUNCT
cjal-3258	19	9	342	342	NUM
cjal-3258	19	10	2	2	NUM
cjal-3258	19	11	.	.	PUNCT
cjal-3258	20	1	e	e	PROPN
cjal-3258	20	2	qu	qu	PROPN
cjal-3258	20	3	ity	ity	PROPN
cjal-3258	20	4	...............................................................................	...............................................................................	PUNCT
cjal-3258	20	5	34	34	NUM
cjal-3258	20	6	3	3	NUM
cjal-3258	20	7	3	3	NUM
cjal-3258	20	8	.	.	PUNCT
cjal-3258	21	1	rationality	rationality	NOUN
cjal-3258	21	2	of	of	ADP
cjal-3258	21	3	economic	economic	ADJ
cjal-3258	21	4	actors	actor	NOUN
cjal-3258	21	5	.......................................	.......................................	PUNCT
cjal-3258	21	6	344	344	NUM
cjal-3258	21	7	vi	vi	NOUN
cjal-3258	21	8	.	.	PUNCT
cjal-3258	21	9	reform	reform	NOUN
cjal-3258	21	10	risks	risk	NOUN
cjal-3258	21	11	and	and	CCONJ
cjal-3258	21	12	recommendations	recommendation	NOUN
cjal-3258	21	13	......................	......................	PUNCT
cjal-3258	21	14	346	346	NUM
cjal-3258	21	15	a	a	PRON
cjal-3258	21	16	.	.	PUNCT
cjal-3258	22	1	risks	risk	NOUN
cjal-3258	22	2	of	of	ADP
cjal-3258	22	3	the	the	DET
cjal-3258	22	4	reform	reform	NOUN
cjal-3258	22	5	.............................................................	.............................................................	PUNCT
cjal-3258	23	1	346	346	NUM
cjal-3258	23	2	1	1	NUM
cjal-3258	23	3	.	.	PUNCT
cjal-3258	24	1	the	the	DET
cjal-3258	24	2	risk	risk	NOUN
cjal-3258	24	3	of	of	ADP
cjal-3258	24	4	over	over	ADP
cjal-3258	24	5	-	-	PUNCT
cjal-3258	24	6	compensation	compensation	NOUN
cjal-3258	24	7	......................................	......................................	PUNCT
cjal-3258	24	8	346	346	NUM
cjal-3258	24	9	2	2	NUM
cjal-3258	24	10	.	.	PUNCT
cjal-3258	25	1	the	the	DET
cjal-3258	25	2	risk	risk	NOUN
cjal-3258	25	3	of	of	ADP
cjal-3258	25	4	holding	hold	VERB
cjal-3258	25	5	out	out	ADP
cjal-3258	25	6	..................................................	..................................................	PUNCT
cjal-3258	26	1	348	348	NUM
cjal-3258	26	2	b	b	NOUN
cjal-3258	26	3	.	.	PUNCT
cjal-3258	27	1	recommendations	recommendation	NOUN
cjal-3258	27	2	................................................................	................................................................	PUNCT
cjal-3258	28	1	349	349	NUM
cjal-3258	28	2	1	1	NUM
cjal-3258	28	3	.	.	PUNCT
cjal-3258	28	4	third	third	ADJ
cjal-3258	28	5	party	party	NOUN
cjal-3258	28	6	appraisal	appraisal	NOUN
cjal-3258	28	7	mechanisms	mechanism	NOUN
cjal-3258	28	8	..................................	..................................	PUNCT
cjal-3258	28	9	349	349	NUM
cjal-3258	28	10	2	2	NUM
cjal-3258	28	11	.	.	PUNCT
cjal-3258	28	12	guidelines	guideline	NOUN
cjal-3258	28	13	for	for	ADP
cjal-3258	28	14	the	the	DET
cjal-3258	28	15	bargaining	bargaining	NOUN
cjal-3258	28	16	process	process	NOUN
cjal-3258	28	17	.............................	.............................	PUNCT
cjal-3258	28	18	351	351	NUM
cjal-3258	28	19	vii	vii	PROPN
cjal-3258	28	20	.	.	PUNCT
cjal-3258	29	1	conclusions	conclusion	NOUN
cjal-3258	29	2	:	:	PUNCT
cjal-3258	29	3	lessons	lesson	NOUN
cjal-3258	29	4	on	on	ADP
cjal-3258	29	5	charging	charge	VERB
cjal-3258	29	6	givings	giving	NOUN
cjal-3258	29	7	........	........	PUNCT
cjal-3258	30	1	352	352	NUM
cjal-3258	30	2	a.	a.	NOUN
cjal-3258	30	3	givings	giving	NOUN
cjal-3258	30	4	subject	subject	ADJ
cjal-3258	30	5	to	to	ADP
cjal-3258	30	6	a	a	DET
cjal-3258	30	7	condition	condition	NOUN
cjal-3258	30	8	precedent	precedent	NOUN
cjal-3258	30	9	......................	......................	PUNCT
cjal-3258	30	10	353	353	NUM
cjal-3258	30	11	b.	b.	NOUN
cjal-3258	30	12	implications	implication	NOUN
cjal-3258	30	13	for	for	ADP
cjal-3258	30	14	the	the	DET
cjal-3258	30	15	charging	charging	NOUN
cjal-3258	30	16	of	of	ADP
cjal-3258	30	17	givings	giving	NOUN
cjal-3258	30	18	.......................	.......................	PUNCT
cjal-3258	31	1	355	355	NUM
cjal-3258	31	2	1	1	NUM
cjal-3258	31	3	.	.	PUNCT
cjal-3258	31	4	introduction	introduction	NOUN
cjal-3258	31	5	the	the	DET
cjal-3258	31	6	split	split	ADJ
cjal-3258	31	7	share	share	NOUN
cjal-3258	31	8	structure	structure	NOUN
cjal-3258	31	9	'	'	PUNCT
cjal-3258	31	10	is	be	AUX
cjal-3258	31	11	a	a	DET
cjal-3258	31	12	unique	unique	ADJ
cjal-3258	31	13	chinese	chinese	ADJ
cjal-3258	31	14	phenomenon	phenomenon	NOUN
cjal-3258	31	15	that	that	PRON
cjal-3258	31	16	has	have	AUX
cjal-3258	31	17	plagued	plague	VERB
cjal-3258	31	18	its	its	PRON
cjal-3258	31	19	capital	capital	NOUN
cjal-3258	31	20	markets	market	NOUN
cjal-3258	31	21	.	.	PUNCT
cjal-3258	32	1	it	it	PRON
cjal-3258	32	2	arose	arise	VERB
cjal-3258	32	3	out	out	ADP
cjal-3258	32	4	of	of	ADP
cjal-3258	32	5	classifying	classify	VERB
cjal-3258	32	6	shares	share	NOUN
cjal-3258	32	7	based	base	VERB
cjal-3258	32	8	on	on	ADP
cjal-3258	32	9	ownership	ownership	NOUN
cjal-3258	32	10	whereby	whereby	SCONJ
cjal-3258	32	11	only	only	ADV
cjal-3258	32	12	certain	certain	ADJ
cjal-3258	32	13	types	type	NOUN
cjal-3258	32	14	of	of	ADP
cjal-3258	32	15	shares	share	NOUN
cjal-3258	32	16	were	be	AUX
cjal-3258	32	17	allowed	allow	VERB
cjal-3258	32	18	to	to	PART
cjal-3258	32	19	trade	trade	VERB
cjal-3258	32	20	on	on	ADP
cjal-3258	32	21	the	the	DET
cjal-3258	32	22	chinese	chinese	ADJ
cjal-3258	32	23	exchanges	exchange	NOUN
cjal-3258	32	24	.	.	PUNCT
cjal-3258	33	1	the	the	DET
cjal-3258	33	2	remaining	remain	VERB
cjal-3258	33	3	types	type	NOUN
cjal-3258	33	4	,	,	PUNCT
cjal-3258	33	5	constituting	constitute	VERB
cjal-3258	33	6	the	the	DET
cjal-3258	33	7	majority	majority	NOUN
cjal-3258	33	8	of	of	ADP
cjal-3258	33	9	shares	share	NOUN
cjal-3258	33	10	,	,	PUNCT
cjal-3258	33	11	were	be	AUX
cjal-3258	33	12	not	not	PART
cjal-3258	33	13	allowed	allow	VERB
cjal-3258	33	14	to	to	PART
cjal-3258	33	15	trade	trade	VERB
cjal-3258	33	16	and	and	CCONJ
cjal-3258	33	17	could	could	AUX
cjal-3258	33	18	only	only	ADV
cjal-3258	33	19	be	be	AUX
cjal-3258	33	20	transferred	transfer	VERB
cjal-3258	33	21	privately.2	privately.2	NOUN
cjal-3258	33	22	"	"	PUNCT
cjal-3258	33	23	split	split	ADJ
cjal-3258	33	24	share	share	NOUN
cjal-3258	33	25	structure	structure	NOUN
cjal-3258	33	26	"	"	PUNCT
cjal-3258	33	27	is	be	AUX
cjal-3258	33	28	the	the	DET
cjal-3258	33	29	translation	translation	NOUN
cjal-3258	33	30	of	of	ADP
cjal-3258	33	31	"	"	PUNCT
cjal-3258	33	32	i]y4	i]y4	PROPN
cjal-3258	33	33	,	,	PUNCT
cjal-3258	33	34	"	"	PUNCT
cjal-3258	33	35	used	use	VERB
cjal-3258	33	36	in	in	ADP
cjal-3258	33	37	the	the	DET
cjal-3258	33	38	china	china	PROPN
cjal-3258	33	39	securities	securities	PROPN
cjal-3258	33	40	regulatory	regulatory	PROPN
cjal-3258	33	41	commission	commission	PROPN
cjal-3258	33	42	english	english	PROPN
cjal-3258	33	43	website	website	NOUN
cjal-3258	33	44	,	,	PUNCT
cjal-3258	33	45	http://www.csrc.gov.cn/en/homepage/index-en.jsp	http://www.csrc.gov.cn/en/homepage/index-en.jsp	PROPN
cjal-3258	33	46	(	(	PUNCT
cjal-3258	33	47	last	last	ADV
cjal-3258	33	48	visited	visit	VERB
cjal-3258	33	49	dec	dec	PROPN
cjal-3258	33	50	.	.	PROPN
cjal-3258	33	51	26	26	NUM
cjal-3258	33	52	,	,	PUNCT
cjal-3258	33	53	2006	2006	NUM
cjal-3258	33	54	)	)	PUNCT
cjal-3258	33	55	.	.	PUNCT
cjal-3258	34	1	it	it	PRON
cjal-3258	34	2	is	be	AUX
cjal-3258	34	3	also	also	ADV
cjal-3258	34	4	sometimes	sometimes	ADV
cjal-3258	34	5	translated	translate	VERB
cjal-3258	34	6	to	to	ADP
cjal-3258	34	7	"	"	PUNCT
cjal-3258	34	8	equity	equity	NOUN
cjal-3258	34	9	division	division	NOUN
cjal-3258	34	10	"	"	PUNCT
cjal-3258	34	11	or	or	CCONJ
cjal-3258	34	12	"	"	PUNCT
cjal-3258	34	13	share	share	NOUN
cjal-3258	34	14	divestment	divestment	NOUN
cjal-3258	34	15	"	"	PUNCT
cjal-3258	34	16	by	by	ADP
cjal-3258	34	17	some	some	DET
cjal-3258	34	18	translators	translator	NOUN
cjal-3258	34	19	.	.	PUNCT
cjal-3258	35	1	2	2	NUM
cjal-3258	35	2	china	china	NOUN
cjal-3258	35	3	,	,	PUNCT
cjal-3258	35	4	being	be	AUX
cjal-3258	35	5	of	of	ADP
cjal-3258	35	6	civil	civil	ADJ
cjal-3258	35	7	law	law	NOUN
cjal-3258	35	8	tradition	tradition	NOUN
cjal-3258	35	9	,	,	PUNCT
cjal-3258	35	10	naturally	naturally	ADV
cjal-3258	35	11	adopts	adopt	VERB
cjal-3258	35	12	the	the	DET
cjal-3258	35	13	civil	civil	ADJ
cjal-3258	35	14	law	law	NOUN
cjal-3258	35	15	classification	classification	NOUN
cjal-3258	35	16	of	of	ADP
cjal-3258	35	17	companies	company	NOUN
cjal-3258	35	18	.	.	PUNCT
cjal-3258	36	1	unlike	unlike	ADP
cjal-3258	36	2	the	the	DET
cjal-3258	36	3	common	common	ADJ
cjal-3258	36	4	law	law	NOUN
cjal-3258	36	5	traditions	tradition	NOUN
cjal-3258	36	6	where	where	SCONJ
cjal-3258	36	7	most	most	ADJ
cjal-3258	36	8	limited	limited	ADJ
cjal-3258	36	9	companies	company	NOUN
cjal-3258	36	10	are	be	AUX
cjal-3258	36	11	limited	limit	VERB
cjal-3258	36	12	by	by	ADP
cjal-3258	36	13	shares	share	NOUN
cjal-3258	36	14	regardless	regardless	ADV
cjal-3258	36	15	of	of	ADP
cjal-3258	36	16	whether	whether	SCONJ
cjal-3258	36	17	they	they	PRON
cjal-3258	36	18	are	be	AUX
cjal-3258	36	19	public	public	ADJ
cjal-3258	36	20	or	or	CCONJ
cjal-3258	36	21	private	private	ADJ
cjal-3258	36	22	companies	company	NOUN
cjal-3258	36	23	,	,	PUNCT
cjal-3258	36	24	china	china	PROPN
cjal-3258	36	25	only	only	ADV
cjal-3258	36	26	recognized	recognize	VERB
cjal-3258	36	27	two	two	NUM
cjal-3258	36	28	classes	class	NOUN
cjal-3258	36	29	of	of	ADP
cjal-3258	36	30	companies	company	NOUN
cjal-3258	36	31	:	:	PUNCT
cjal-3258	36	32	limited	limited	ADJ
cjal-3258	36	33	liability	liability	NOUN
cjal-3258	36	34	companies	company	NOUN
cjal-3258	36	35	and	and	CCONJ
cjal-3258	36	36	companies	company	NOUN
cjal-3258	36	37	limited	limit	VERB
cjal-3258	36	38	by	by	ADP
cjal-3258	36	39	shares	share	NOUN
cjal-3258	36	40	.	.	PUNCT
cjal-3258	37	1	the	the	DET
cjal-3258	37	2	former	former	ADJ
cjal-3258	37	3	is	be	AUX
cjal-3258	37	4	very	very	ADV
cjal-3258	37	5	similar	similar	ADJ
cjal-3258	37	6	to	to	ADP
cjal-3258	37	7	the	the	DET
cjal-3258	37	8	private	private	ADJ
cjal-3258	37	9	companies	company	NOUN
cjal-3258	37	10	under	under	ADP
cjal-3258	37	11	common	common	ADJ
cjal-3258	37	12	law	law	NOUN
cjal-3258	37	13	while	while	SCONJ
cjal-3258	37	14	the	the	DET
cjal-3258	37	15	later	later	ADV
cjal-3258	37	16	is	be	AUX
cjal-3258	37	17	akin	akin	ADJ
cjal-3258	37	18	to	to	ADP
cjal-3258	37	19	the	the	DET
cjal-3258	37	20	public	public	ADJ
cjal-3258	37	21	companies	company	NOUN
cjal-3258	37	22	.	.	PUNCT
cjal-3258	38	1	the	the	DET
cjal-3258	38	2	setting	set	VERB
cjal-3258	38	3	up	up	ADP
cjal-3258	38	4	and	and	CCONJ
cjal-3258	38	5	management	management	NOUN
cjal-3258	38	6	requirements	requirement	NOUN
cjal-3258	38	7	are	be	AUX
cjal-3258	38	8	much	much	ADV
cjal-3258	38	9	more	more	ADV
cjal-3258	38	10	onerous	onerous	ADJ
cjal-3258	38	11	for	for	ADP
cjal-3258	38	12	the	the	DET
cjal-3258	38	13	companies	company	NOUN
cjal-3258	38	14	limited	limit	VERB
cjal-3258	38	15	by	by	ADP
cjal-3258	38	16	shares	share	NOUN
cjal-3258	38	17	.	.	PUNCT
cjal-3258	39	1	also	also	ADV
cjal-3258	39	2	,	,	PUNCT
cjal-3258	39	3	only	only	ADV
cjal-3258	39	4	companies	company	NOUN
cjal-3258	39	5	limited	limit	VERB
cjal-3258	39	6	by	by	ADP
cjal-3258	39	7	shares	share	NOUN
cjal-3258	39	8	can	can	AUX
cjal-3258	39	9	issue	issue	VERB
cjal-3258	39	10	shares	share	NOUN
cjal-3258	39	11	to	to	ADP
cjal-3258	39	12	the	the	DET
cjal-3258	39	13	public	public	NOUN
cjal-3258	39	14	and	and	CCONJ
cjal-3258	39	15	be	be	AUX
cjal-3258	39	16	listed	list	VERB
cjal-3258	39	17	on	on	ADP
cjal-3258	39	18	the	the	DET
cjal-3258	39	19	stock	stock	NOUN
cjal-3258	39	20	exchange	exchange	NOUN
cjal-3258	39	21	:	:	PUNCT
cjal-3258	39	22	see	see	VERB
cjal-3258	39	23	generally	generally	ADV
cjal-3258	39	24	,	,	PUNCT
cjal-3258	39	25	.	.	PUNCT
cjal-3258	40	1	_	_	PUNCT
cjal-3258	40	2	'	'	PUNCT
cjal-3258	40	3	x	x	X
cjal-3258	40	4	,	,	PUNCT
cjal-3258	40	5	[	[	X
cjal-3258	40	6	shi	shi	PROPN
cjal-3258	40	7	tiantao	tiantao	PROPN
cjal-3258	40	8	,	,	PUNCT
cjal-3258	40	9	commercial	commercial	ADJ
cjal-3258	40	10	law	law	NOUN
cjal-3258	40	11	]	]	PUNCT
cjal-3258	40	12	143	143	NUM
cjal-3258	40	13	-	-	SYM
cjal-3258	40	14	149	149	NUM
cjal-3258	40	15	(	(	PUNCT
cjal-3258	40	16	beijing	beijing	PROPN
cjal-3258	40	17	,	,	PUNCT
cjal-3258	40	18	law	law	NOUN
cjal-3258	40	19	press	press	NOUN
cjal-3258	40	20	2004	2004	NUM
cjal-3258	40	21	)	)	PUNCT
cjal-3258	40	22	.	.	PUNCT
cjal-3258	41	1	hence	hence	ADV
cjal-3258	41	2	,	,	PUNCT
cjal-3258	41	3	shares	share	NOUN
cjal-3258	41	4	in	in	ADP
cjal-3258	41	5	china	china	PROPN
cjal-3258	41	6	(	(	PUNCT
cjal-3258	41	7	and	and	CCONJ
cjal-3258	41	8	other	other	ADJ
cjal-3258	41	9	civil	civil	ADJ
cjal-3258	41	10	law	law	NOUN
cjal-3258	41	11	jurisdictions	jurisdiction	NOUN
cjal-3258	41	12	)	)	PUNCT
cjal-3258	41	13	have	have	VERB
cjal-3258	41	14	a	a	DET
cjal-3258	41	15	much	much	ADV
cjal-3258	41	16	narrower	narrow	ADJ
cjal-3258	41	17	columbia	columbia	PROPN
cjal-3258	41	18	journal	journal	PROPN
cjal-3258	41	19	of	of	ADP
cjal-3258	41	20	asian	asian	ADJ
cjal-3258	41	21	law	law	NOUN
cjal-3258	41	22	this	this	DET
cjal-3258	41	23	non	non	ADJ
cjal-3258	41	24	-	-	NOUN
cjal-3258	41	25	trading	trading	NOUN
cjal-3258	41	26	of	of	ADP
cjal-3258	41	27	the	the	DET
cjal-3258	41	28	bulk	bulk	NOUN
cjal-3258	41	29	of	of	ADP
cjal-3258	41	30	shares	share	NOUN
cjal-3258	41	31	resulted	result	VERB
cjal-3258	41	32	in	in	ADP
cjal-3258	41	33	severe	severe	ADJ
cjal-3258	41	34	market	market	NOUN
cjal-3258	41	35	deficiencies	deficiency	NOUN
cjal-3258	41	36	,	,	PUNCT
cjal-3258	41	37	such	such	ADJ
cjal-3258	41	38	as	as	ADP
cjal-3258	41	39	conflicts	conflict	NOUN
cjal-3258	41	40	of	of	ADP
cjal-3258	41	41	interest	interest	NOUN
cjal-3258	41	42	between	between	ADP
cjal-3258	41	43	the	the	DET
cjal-3258	41	44	non	non	ADJ
cjal-3258	41	45	-	-	ADJ
cjal-3258	41	46	tradable	tradable	ADJ
cjal-3258	41	47	shareholders	shareholder	NOUN
cjal-3258	41	48	3	3	NUM
cjal-3258	41	49	and	and	CCONJ
cjal-3258	41	50	tradable	tradable	ADJ
cjal-3258	41	51	shareholders	shareholder	NOUN
cjal-3258	41	52	,	,	PUNCT
cjal-3258	41	53	erosion	erosion	NOUN
cjal-3258	41	54	of	of	ADP
cjal-3258	41	55	the	the	DET
cjal-3258	41	56	capital	capital	NOUN
cjal-3258	41	57	market	market	NOUN
cjal-3258	41	58	pricing	pricing	NOUN
cjal-3258	41	59	mechanism	mechanism	NOUN
cjal-3258	41	60	and	and	CCONJ
cjal-3258	41	61	problems	problem	NOUN
cjal-3258	41	62	in	in	ADP
cjal-3258	41	63	corporate	corporate	ADJ
cjal-3258	41	64	governance	governance	NOUN
cjal-3258	41	65	.	.	PUNCT
cjal-3258	42	1	while	while	SCONJ
cjal-3258	42	2	it	it	PRON
cjal-3258	42	3	is	be	AUX
cjal-3258	42	4	not	not	PART
cjal-3258	42	5	the	the	DET
cjal-3258	42	6	sole	sole	ADJ
cjal-3258	42	7	cause	cause	NOUN
cjal-3258	42	8	,	,	PUNCT
cjal-3258	42	9	the	the	DET
cjal-3258	42	10	split	split	ADJ
cjal-3258	42	11	share	share	NOUN
cjal-3258	42	12	structure	structure	NOUN
cjal-3258	42	13	certainly	certainly	ADV
cjal-3258	42	14	has	have	AUX
cjal-3258	42	15	contributed	contribute	VERB
cjal-3258	42	16	significantly	significantly	ADV
cjal-3258	42	17	to	to	ADP
cjal-3258	42	18	the	the	DET
cjal-3258	42	19	poor	poor	ADJ
cjal-3258	42	20	performance	performance	NOUN
cjal-3258	42	21	of	of	ADP
cjal-3258	42	22	the	the	DET
cjal-3258	42	23	chinese	chinese	ADJ
cjal-3258	42	24	markets	market	NOUN
cjal-3258	42	25	.	.	PUNCT
cjal-3258	43	1	both	both	CCONJ
cjal-3258	43	2	the	the	DET
cjal-3258	43	3	need	need	NOUN
cjal-3258	43	4	for	for	ADP
cjal-3258	43	5	reform	reform	NOUN
cjal-3258	43	6	and	and	CCONJ
cjal-3258	43	7	the	the	DET
cjal-3258	43	8	difficulty	difficulty	NOUN
cjal-3258	43	9	of	of	ADP
cjal-3258	43	10	the	the	DET
cjal-3258	43	11	legal	legal	ADJ
cjal-3258	43	12	issues	issue	NOUN
cjal-3258	43	13	involved	involve	VERB
cjal-3258	43	14	can	can	AUX
cjal-3258	43	15	not	not	PART
cjal-3258	43	16	be	be	AUX
cjal-3258	43	17	over	over	ADV
cjal-3258	43	18	-	-	PUNCT
cjal-3258	43	19	stated	state	VERB
cjal-3258	43	20	.	.	PUNCT
cjal-3258	44	1	at	at	ADP
cjal-3258	44	2	first	first	ADJ
cjal-3258	44	3	sight	sight	NOUN
cjal-3258	44	4	,	,	PUNCT
cjal-3258	44	5	the	the	DET
cjal-3258	44	6	reform	reform	NOUN
cjal-3258	44	7	of	of	ADP
cjal-3258	44	8	the	the	DET
cjal-3258	44	9	split	split	ADJ
cjal-3258	44	10	share	share	NOUN
cjal-3258	44	11	structure	structure	NOUN
cjal-3258	44	12	seems	seem	VERB
cjal-3258	44	13	to	to	PART
cjal-3258	44	14	be	be	AUX
cjal-3258	44	15	a	a	DET
cjal-3258	44	16	simple	simple	ADJ
cjal-3258	44	17	lifting	lifting	NOUN
cjal-3258	44	18	of	of	ADP
cjal-3258	44	19	the	the	DET
cjal-3258	44	20	trading	trading	NOUN
cjal-3258	44	21	restrictions	restriction	NOUN
cjal-3258	44	22	on	on	ADP
cjal-3258	44	23	nontradable	nontradable	ADJ
cjal-3258	44	24	shares	share	NOUN
cjal-3258	44	25	.	.	PUNCT
cjal-3258	45	1	however	however	ADV
cjal-3258	45	2	,	,	PUNCT
cjal-3258	45	3	the	the	DET
cjal-3258	45	4	tradable	tradable	ADJ
cjal-3258	45	5	shareholders	shareholder	NOUN
cjal-3258	45	6	,	,	PUNCT
cjal-3258	45	7	who	who	PRON
cjal-3258	45	8	usually	usually	ADV
cjal-3258	45	9	paid	pay	VERB
cjal-3258	45	10	artificially	artificially	ADV
cjal-3258	45	11	inflated	inflated	ADJ
cjal-3258	45	12	prices	price	NOUN
cjal-3258	45	13	because	because	SCONJ
cjal-3258	45	14	of	of	ADP
cjal-3258	45	15	the	the	DET
cjal-3258	45	16	split	split	ADJ
cjal-3258	45	17	share	share	NOUN
cjal-3258	45	18	structure	structure	NOUN
cjal-3258	45	19	,	,	PUNCT
cjal-3258	45	20	would	would	AUX
cjal-3258	45	21	suffer	suffer	VERB
cjal-3258	45	22	a	a	DET
cjal-3258	45	23	significant	significant	ADJ
cjal-3258	45	24	loss	loss	NOUN
cjal-3258	45	25	in	in	ADP
cjal-3258	45	26	their	their	PRON
cjal-3258	45	27	share	share	NOUN
cjal-3258	45	28	prices	price	NOUN
cjal-3258	45	29	using	use	VERB
cjal-3258	45	30	the	the	DET
cjal-3258	45	31	simple	simple	ADJ
cjal-3258	45	32	rule	rule	NOUN
cjal-3258	45	33	of	of	ADP
cjal-3258	45	34	supply	supply	NOUN
cjal-3258	45	35	and	and	CCONJ
cjal-3258	45	36	demand.4	demand.4	VERB
cjal-3258	45	37	on	on	ADP
cjal-3258	45	38	the	the	DET
cjal-3258	45	39	other	other	ADJ
cjal-3258	45	40	hand	hand	NOUN
cjal-3258	45	41	,	,	PUNCT
cjal-3258	45	42	the	the	DET
cjal-3258	45	43	non	non	ADJ
cjal-3258	45	44	-	-	ADJ
cjal-3258	45	45	tradable	tradable	ADJ
cjal-3258	45	46	shareholders	shareholder	NOUN
cjal-3258	45	47	would	would	AUX
cjal-3258	45	48	receive	receive	VERB
cjal-3258	45	49	a	a	DET
cjal-3258	45	50	substantial	substantial	ADJ
cjal-3258	45	51	profit	profit	NOUN
cjal-3258	45	52	from	from	ADP
cjal-3258	45	53	being	be	AUX
cjal-3258	45	54	able	able	ADJ
cjal-3258	45	55	to	to	PART
cjal-3258	45	56	sell	sell	VERB
cjal-3258	45	57	their	their	PRON
cjal-3258	45	58	shares	share	NOUN
cjal-3258	45	59	at	at	ADP
cjal-3258	45	60	a	a	DET
cjal-3258	45	61	much	much	ADV
cjal-3258	45	62	higher	high	ADJ
cjal-3258	45	63	price	price	NOUN
cjal-3258	45	64	than	than	ADP
cjal-3258	45	65	under	under	ADP
cjal-3258	45	66	the	the	DET
cjal-3258	45	67	private	private	ADJ
cjal-3258	45	68	transfer	transfer	NOUN
cjal-3258	45	69	market	market	NOUN
cjal-3258	45	70	.	.	PUNCT
cjal-3258	46	1	the	the	DET
cjal-3258	46	2	failed	failed	ADJ
cjal-3258	46	3	2001	2001	NUM
cjal-3258	46	4	reform	reform	NOUN
cjal-3258	46	5	attempt	attempt	NOUN
cjal-3258	46	6	that	that	PRON
cjal-3258	46	7	simply	simply	ADV
cjal-3258	46	8	allowed	allow	VERB
cjal-3258	46	9	the	the	DET
cjal-3258	46	10	trading	trading	NOUN
cjal-3258	46	11	of	of	ADP
cjal-3258	46	12	non	non	ADJ
cjal-3258	46	13	-	-	ADJ
cjal-3258	46	14	tradable	tradable	ADJ
cjal-3258	46	15	shares	share	NOUN
cjal-3258	46	16	without	without	ADP
cjal-3258	46	17	any	any	DET
cjal-3258	46	18	mention	mention	NOUN
cjal-3258	46	19	of	of	ADP
cjal-3258	46	20	compensation	compensation	NOUN
cjal-3258	46	21	underscored	underscore	VERB
cjal-3258	46	22	the	the	DET
cjal-3258	46	23	complexity	complexity	NOUN
cjal-3258	46	24	of	of	ADP
cjal-3258	46	25	the	the	DET
cjal-3258	46	26	legal	legal	ADJ
cjal-3258	46	27	issues	issue	NOUN
cjal-3258	46	28	.	.	PUNCT
cjal-3258	47	1	learning	learn	VERB
cjal-3258	47	2	from	from	ADP
cjal-3258	47	3	the	the	DET
cjal-3258	47	4	series	series	NOUN
cjal-3258	47	5	of	of	ADP
cjal-3258	47	6	past	past	ADJ
cjal-3258	47	7	failed	fail	VERB
cjal-3258	47	8	attempts	attempt	NOUN
cjal-3258	47	9	,	,	PUNCT
cjal-3258	47	10	the	the	DET
cjal-3258	47	11	chinese	chinese	ADJ
cjal-3258	47	12	regulatory	regulatory	ADJ
cjal-3258	47	13	authorities	authority	NOUN
cjal-3258	47	14	have	have	AUX
cjal-3258	47	15	implemented	implement	VERB
cjal-3258	47	16	the	the	DET
cjal-3258	47	17	current	current	ADJ
cjal-3258	47	18	on	on	ADP
cjal-3258	47	19	-	-	PUNCT
cjal-3258	47	20	going	go	VERB
cjal-3258	47	21	reform	reform	NOUN
cjal-3258	47	22	utilizing	utilize	VERB
cjal-3258	47	23	a	a	DET
cjal-3258	47	24	privatized	privatized	ADJ
cjal-3258	47	25	bargain	bargain	NOUN
cjal-3258	47	26	mechanism	mechanism	NOUN
cjal-3258	47	27	whereby	whereby	SCONJ
cjal-3258	47	28	the	the	DET
cjal-3258	47	29	non	non	ADJ
cjal-3258	47	30	-	-	ADJ
cjal-3258	47	31	tradable	tradable	ADJ
cjal-3258	47	32	shareholders	shareholder	NOUN
cjal-3258	47	33	negotiate	negotiate	VERB
cjal-3258	47	34	with	with	ADP
cjal-3258	47	35	the	the	DET
cjal-3258	47	36	trading	trading	NOUN
cjal-3258	47	37	right	right	ADV
cjal-3258	47	38	from	from	ADP
cjal-3258	47	39	the	the	DET
cjal-3258	47	40	tradable	tradable	ADJ
cjal-3258	47	41	shareholders	shareholder	NOUN
cjal-3258	47	42	.	.	PUNCT
cjal-3258	48	1	this	this	DET
cjal-3258	48	2	article	article	NOUN
cjal-3258	48	3	is	be	AUX
cjal-3258	48	4	about	about	ADP
cjal-3258	48	5	china	china	PROPN
cjal-3258	48	6	's	's	PART
cjal-3258	48	7	reform	reform	NOUN
cjal-3258	48	8	.	.	PUNCT
cjal-3258	49	1	the	the	DET
cjal-3258	49	2	policy	policy	NOUN
cjal-3258	49	3	nature	nature	NOUN
cjal-3258	49	4	of	of	ADP
cjal-3258	49	5	market	market	NOUN
cjal-3258	49	6	reforms	reform	NOUN
cjal-3258	49	7	in	in	ADP
cjal-3258	49	8	china	china	PROPN
cjal-3258	49	9	means	mean	VERB
cjal-3258	49	10	legal	legal	ADJ
cjal-3258	49	11	analysis	analysis	NOUN
cjal-3258	49	12	is	be	AUX
cjal-3258	49	13	usually	usually	ADV
cjal-3258	49	14	relegated	relegate	VERB
cjal-3258	49	15	to	to	ADP
cjal-3258	49	16	the	the	DET
cjal-3258	49	17	backseat	backseat	NOUN
cjal-3258	49	18	.	.	PUNCT
cjal-3258	50	1	nevertheless	nevertheless	ADV
cjal-3258	50	2	,	,	PUNCT
cjal-3258	50	3	we	we	PRON
cjal-3258	50	4	aim	aim	VERB
cjal-3258	50	5	to	to	PART
cjal-3258	50	6	provide	provide	VERB
cjal-3258	50	7	a	a	DET
cjal-3258	50	8	comprehensive	comprehensive	ADJ
cjal-3258	50	9	and	and	CCONJ
cjal-3258	50	10	in	in	ADP
cjal-3258	50	11	-	-	PUNCT
cjal-3258	50	12	depth	depth	NOUN
cjal-3258	50	13	legal	legal	ADJ
cjal-3258	50	14	analysis	analysis	NOUN
cjal-3258	50	15	of	of	ADP
cjal-3258	50	16	this	this	DET
cjal-3258	50	17	reform	reform	NOUN
cjal-3258	50	18	.	.	PUNCT
cjal-3258	51	1	the	the	DET
cjal-3258	51	2	central	central	ADJ
cjal-3258	51	3	legal	legal	ADJ
cjal-3258	51	4	question	question	NOUN
cjal-3258	51	5	is	be	AUX
cjal-3258	51	6	whether	whether	SCONJ
cjal-3258	51	7	the	the	DET
cjal-3258	51	8	chinese	chinese	ADJ
cjal-3258	51	9	regulatory	regulatory	ADJ
cjal-3258	51	10	authorities	authority	NOUN
cjal-3258	51	11	can	can	AUX
cjal-3258	51	12	simply	simply	ADV
cjal-3258	51	13	grant	grant	VERB
cjal-3258	51	14	the	the	DET
cjal-3258	51	15	trading	trading	NOUN
cjal-3258	51	16	rights	right	NOUN
cjal-3258	51	17	(	(	PUNCT
cjal-3258	51	18	and	and	CCONJ
cjal-3258	51	19	the	the	DET
cjal-3258	51	20	huge	huge	ADJ
cjal-3258	51	21	benefits	benefit	NOUN
cjal-3258	51	22	that	that	PRON
cjal-3258	51	23	such	such	ADJ
cjal-3258	51	24	rights	right	NOUN
cjal-3258	51	25	would	would	AUX
cjal-3258	51	26	bring	bring	VERB
cjal-3258	51	27	about	about	ADV
cjal-3258	51	28	)	)	PUNCT
cjal-3258	51	29	to	to	ADP
cjal-3258	51	30	non	non	ADJ
cjal-3258	51	31	-	-	ADJ
cjal-3258	51	32	tradable	tradable	ADJ
cjal-3258	51	33	shareholders	shareholder	NOUN
cjal-3258	51	34	.	.	PUNCT
cjal-3258	52	1	meaning	mean	VERB
cjal-3258	52	2	than	than	ADP
cjal-3258	52	3	in	in	ADP
cjal-3258	52	4	common	common	ADJ
cjal-3258	52	5	law	law	NOUN
cjal-3258	52	6	jurisdictions	jurisdiction	NOUN
cjal-3258	52	7	.	.	PUNCT
cjal-3258	53	1	it	it	PRON
cjal-3258	53	2	is	be	AUX
cjal-3258	53	3	important	important	ADJ
cjal-3258	53	4	for	for	ADP
cjal-3258	53	5	civil	civil	ADJ
cjal-3258	53	6	law	law	NOUN
cjal-3258	53	7	traditions	tradition	NOUN
cjal-3258	53	8	that	that	SCONJ
cjal-3258	53	9	certain	certain	ADJ
cjal-3258	53	10	shares	share	NOUN
cjal-3258	53	11	in	in	ADP
cjal-3258	53	12	companies	company	NOUN
cjal-3258	53	13	limited	limit	VERB
cjal-3258	53	14	by	by	ADP
cjal-3258	53	15	shares	share	NOUN
cjal-3258	53	16	are	be	AUX
cjal-3258	53	17	barred	bar	VERB
cjal-3258	53	18	from	from	ADP
cjal-3258	53	19	trading	trade	VERB
cjal-3258	53	20	on	on	ADP
cjal-3258	53	21	the	the	DET
cjal-3258	53	22	stock	stock	NOUN
cjal-3258	53	23	exchange	exchange	NOUN
cjal-3258	53	24	.	.	PUNCT
cjal-3258	54	1	3	3	NUM
cjal-3258	54	2	"	"	PUNCT
cjal-3258	54	3	non	non	ADJ
cjal-3258	54	4	-	-	ADJ
cjal-3258	54	5	tradable	tradable	ADJ
cjal-3258	54	6	shareholders	shareholder	NOUN
cjal-3258	54	7	"	"	PUNCT
cjal-3258	54	8	and	and	CCONJ
cjal-3258	54	9	"	"	PUNCT
cjal-3258	54	10	non	non	ADJ
cjal-3258	54	11	-	-	ADJ
cjal-3258	54	12	tradable	tradable	ADJ
cjal-3258	54	13	shares	share	NOUN
cjal-3258	54	14	"	"	PUNCT
cjal-3258	54	15	is	be	AUX
cjal-3258	54	16	our	our	PRON
cjal-3258	54	17	preferred	preferred	ADJ
cjal-3258	54	18	translation	translation	NOUN
cjal-3258	54	19	for	for	ADP
cjal-3258	54	20	"	"	PUNCT
cjal-3258	54	21	sai	sai	X
cjal-3258	54	22	an	an	DET
cjal-3258	54	23	a	a	PRON
cjal-3258	54	24	"	"	PUNCT
cjal-3258	54	25	and	and	CCONJ
cjal-3258	54	26	"	"	PUNCT
cjal-3258	54	27	*	*	NOUN
cjal-3258	54	28	aar	aar	NOUN
cjal-3258	54	29	"	"	PUNCT
cjal-3258	54	30	.	.	PUNCT
cjal-3258	55	1	the	the	DET
cjal-3258	55	2	flip	flip	ADJ
cjal-3258	55	3	side	side	NOUN
cjal-3258	55	4	will	will	AUX
cjal-3258	55	5	be	be	AUX
cjal-3258	55	6	"	"	PUNCT
cjal-3258	55	7	tradable	tradable	ADJ
cjal-3258	55	8	shareholders	shareholder	NOUN
cjal-3258	55	9	"	"	PUNCT
cjal-3258	55	10	and	and	CCONJ
cjal-3258	55	11	"	"	PUNCT
cjal-3258	55	12	tradable	tradable	ADJ
cjal-3258	55	13	shares	share	NOUN
cjal-3258	55	14	"	"	PUNCT
cjal-3258	55	15	for	for	ADP
cjal-3258	55	16	"	"	PUNCT
cjal-3258	55	17	a	a	DET
cjal-3258	55	18	hr	hr	NOUN
cjal-3258	55	19	"	"	PUNCT
cjal-3258	55	20	and	and	CCONJ
cjal-3258	55	21	"	"	PUNCT
cjal-3258	55	22	'	'	PUNCT
cjal-3258	55	23	ai	ai	VERB
cjal-3258	55	24	an	an	PRON
cjal-3258	55	25	"	"	PUNCT
cjal-3258	55	26	.	.	PUNCT
cjal-3258	56	1	this	this	PRON
cjal-3258	56	2	is	be	AUX
cjal-3258	56	3	one	one	NUM
cjal-3258	56	4	of	of	ADP
cjal-3258	56	5	the	the	DET
cjal-3258	56	6	two	two	NUM
cjal-3258	56	7	types	type	NOUN
cjal-3258	56	8	of	of	ADP
cjal-3258	56	9	translations	translation	NOUN
cjal-3258	56	10	that	that	PRON
cjal-3258	56	11	have	have	AUX
cjal-3258	56	12	appeared	appear	VERB
cjal-3258	56	13	in	in	ADP
cjal-3258	56	14	the	the	DET
cjal-3258	56	15	related	related	ADJ
cjal-3258	56	16	documents	document	NOUN
cjal-3258	56	17	posted	post	VERB
cjal-3258	56	18	on	on	ADP
cjal-3258	56	19	the	the	DET
cjal-3258	56	20	china	china	PROPN
cjal-3258	56	21	securities	securities	PROPN
cjal-3258	56	22	regulatory	regulatory	PROPN
cjal-3258	56	23	commission	commission	PROPN
cjal-3258	56	24	english	english	PROPN
cjal-3258	56	25	website	website	NOUN
cjal-3258	56	26	,	,	PUNCT
cjal-3258	56	27	i	i	PROPN
cjal-3258	56	28	d.	d.	PROPN
cjal-3258	56	29	the	the	DET
cjal-3258	56	30	other	other	ADJ
cjal-3258	56	31	is	be	AUX
cjal-3258	56	32	"	"	PUNCT
cjal-3258	56	33	non	non	ADJ
cjal-3258	56	34	-	-	ADJ
cjal-3258	56	35	floating	float	VERB
cjal-3258	56	36	shareholders	shareholder	NOUN
cjal-3258	56	37	"	"	PUNCT
cjal-3258	56	38	.	.	PUNCT
cjal-3258	57	1	some	some	DET
cjal-3258	57	2	translators	translator	NOUN
cjal-3258	57	3	also	also	ADV
cjal-3258	57	4	used	use	VERB
cjal-3258	57	5	the	the	DET
cjal-3258	57	6	term	term	NOUN
cjal-3258	57	7	"	"	PUNCT
cjal-3258	57	8	non	non	ADJ
cjal-3258	57	9	-	-	ADJ
cjal-3258	57	10	floatable	floatable	ADJ
cjal-3258	57	11	shareholders	shareholder	NOUN
cjal-3258	57	12	"	"	PUNCT
cjal-3258	57	13	and	and	CCONJ
cjal-3258	57	14	"	"	PUNCT
cjal-3258	57	15	non	non	ADJ
cjal-3258	57	16	-	-	ADJ
cjal-3258	57	17	circulation	circulation	ADJ
cjal-3258	57	18	shareholders	shareholder	NOUN
cjal-3258	57	19	"	"	PUNCT
cjal-3258	57	20	.	.	PUNCT
cjal-3258	58	1	for	for	ADP
cjal-3258	58	2	informational	informational	ADJ
cjal-3258	58	3	purposes	purpose	NOUN
cjal-3258	58	4	,	,	PUNCT
cjal-3258	58	5	"	"	PUNCT
cjal-3258	58	6	tradable	tradable	ADJ
cjal-3258	58	7	shares	share	NOUN
cjal-3258	58	8	,	,	PUNCT
cjal-3258	58	9	"	"	PUNCT
cjal-3258	58	10	"	"	PUNCT
cjal-3258	58	11	circulation	circulation	NOUN
cjal-3258	58	12	shares	share	NOUN
cjal-3258	58	13	,	,	PUNCT
cjal-3258	58	14	"	"	PUNCT
cjal-3258	58	15	"	"	PUNCT
cjal-3258	58	16	floating	float	VERB
cjal-3258	58	17	shares	share	NOUN
cjal-3258	58	18	,	,	PUNCT
cjal-3258	58	19	"	"	PUNCT
cjal-3258	58	20	and	and	CCONJ
cjal-3258	58	21	"	"	PUNCT
cjal-3258	58	22	floatable	floatable	ADJ
cjal-3258	58	23	shares	share	NOUN
cjal-3258	58	24	"	"	PUNCT
cjal-3258	58	25	turn	turn	VERB
cjal-3258	58	26	up	up	ADP
cjal-3258	58	27	respectively	respectively	ADV
cjal-3258	58	28	5292	5292	NUM
cjal-3258	58	29	,	,	PUNCT
cjal-3258	58	30	441	441	NUM
cjal-3258	58	31	,	,	PUNCT
cjal-3258	58	32	492	492	NUM
cjal-3258	58	33	,	,	PUNCT
cjal-3258	58	34	and	and	CCONJ
cjal-3258	58	35	29	29	NUM
cjal-3258	58	36	search	search	NOUN
cjal-3258	58	37	counts	count	NOUN
cjal-3258	58	38	on	on	ADP
cjal-3258	58	39	the	the	DET
cjal-3258	58	40	yahoo	yahoo	PROPN
cjal-3258	58	41	china	china	PROPN
cjal-3258	58	42	search	search	NOUN
cjal-3258	58	43	engine	engine	NOUN
cjal-3258	58	44	,	,	PUNCT
cjal-3258	58	45	sa	sa	NOUN
cjal-3258	58	46	}	}	PUNCT
cjal-3258	58	47	]	]	X
cjal-3258	58	48	f	f	X
cjal-3258	59	1	[	[	X
cjal-3258	59	2	yahoo	yahoo	X
cjal-3258	59	3	!	!	PUNCT
cjal-3258	59	4	main	main	ADJ
cjal-3258	59	5	page	page	NOUN
cjal-3258	59	6	]	]	PUNCT
cjal-3258	59	7	,	,	PUNCT
cjal-3258	59	8	http://www.yahoo.com.cn/	http://www.yahoo.com.cn/	ADJ
cjal-3258	59	9	(	(	PUNCT
cjal-3258	59	10	last	last	ADV
cjal-3258	59	11	visited	visit	VERB
cjal-3258	59	12	oct	oct	PROPN
cjal-3258	59	13	.	.	PROPN
cjal-3258	59	14	31	31	NUM
cjal-3258	59	15	,	,	PUNCT
cjal-3258	59	16	2006	2006	NUM
cjal-3258	59	17	)	)	PUNCT
cjal-3258	59	18	.	.	PUNCT
cjal-3258	60	1	4	4	NUM
cjal-3258	60	2	an	an	DET
cjal-3258	60	3	increase	increase	NOUN
cjal-3258	60	4	in	in	ADP
cjal-3258	60	5	the	the	DET
cjal-3258	60	6	supply	supply	NOUN
cjal-3258	60	7	of	of	ADP
cjal-3258	60	8	shares	share	NOUN
cjal-3258	60	9	with	with	ADP
cjal-3258	60	10	the	the	DET
cjal-3258	60	11	non	non	ADJ
cjal-3258	60	12	-	-	ADJ
cjal-3258	60	13	tradable	tradable	ADJ
cjal-3258	60	14	shares	share	NOUN
cjal-3258	60	15	entering	enter	VERB
cjal-3258	60	16	the	the	DET
cjal-3258	60	17	stock	stock	NOUN
cjal-3258	60	18	market	market	NOUN
cjal-3258	60	19	will	will	AUX
cjal-3258	60	20	not	not	PART
cjal-3258	60	21	match	match	VERB
cjal-3258	60	22	a	a	DET
cjal-3258	60	23	corresponding	corresponding	ADJ
cjal-3258	60	24	increase	increase	NOUN
cjal-3258	60	25	in	in	ADP
cjal-3258	60	26	demand	demand	NOUN
cjal-3258	60	27	,	,	PUNCT
cjal-3258	60	28	especially	especially	ADV
cjal-3258	60	29	in	in	ADP
cjal-3258	60	30	the	the	DET
cjal-3258	60	31	short	short	ADJ
cjal-3258	60	32	term	term	NOUN
cjal-3258	60	33	.	.	PUNCT
cjal-3258	61	1	the	the	DET
cjal-3258	61	2	demand	demand	NOUN
cjal-3258	61	3	of	of	ADP
cjal-3258	61	4	the	the	DET
cjal-3258	61	5	shares	share	NOUN
cjal-3258	61	6	traded	trade	VERB
cjal-3258	61	7	on	on	ADP
cjal-3258	61	8	the	the	DET
cjal-3258	61	9	stock	stock	NOUN
cjal-3258	61	10	exchange	exchange	NOUN
cjal-3258	61	11	is	be	AUX
cjal-3258	61	12	primarily	primarily	ADV
cjal-3258	61	13	dependent	dependent	ADJ
cjal-3258	61	14	on	on	ADP
cjal-3258	61	15	the	the	DET
cjal-3258	61	16	number	number	NOUN
cjal-3258	61	17	of	of	ADP
cjal-3258	61	18	investors	investor	NOUN
cjal-3258	61	19	and	and	CCONJ
cjal-3258	61	20	amount	amount	NOUN
cjal-3258	61	21	of	of	ADP
cjal-3258	61	22	investment	investment	NOUN
cjal-3258	61	23	capital	capital	NOUN
cjal-3258	61	24	,	,	PUNCT
cjal-3258	61	25	which	which	PRON
cjal-3258	61	26	will	will	AUX
cjal-3258	61	27	largely	largely	ADV
cjal-3258	61	28	remain	remain	VERB
cjal-3258	61	29	the	the	DET
cjal-3258	61	30	same	same	ADJ
cjal-3258	61	31	in	in	ADP
cjal-3258	61	32	the	the	DET
cjal-3258	61	33	short	short	ADJ
cjal-3258	61	34	-	-	PUNCT
cjal-3258	61	35	term	term	NOUN
cjal-3258	61	36	with	with	ADP
cjal-3258	61	37	or	or	CCONJ
cjal-3258	61	38	without	without	ADP
cjal-3258	61	39	the	the	DET
cjal-3258	61	40	trading	trading	NOUN
cjal-3258	61	41	of	of	ADP
cjal-3258	61	42	non	non	ADJ
cjal-3258	61	43	-	-	ADJ
cjal-3258	61	44	tradable	tradable	ADJ
cjal-3258	61	45	shares	share	NOUN
cjal-3258	61	46	.	.	PUNCT
cjal-3258	62	1	300	300	NUM
cjal-3258	63	1	[	[	X
cjal-3258	63	2	20:1	20:1	NUM
cjal-3258	63	3	regulatory	regulatory	ADJ
cjal-3258	63	4	givings	giving	NOUN
cjal-3258	63	5	in	in	ADP
cjal-3258	63	6	china	china	PROPN
cjal-3258	63	7	put	put	VERB
cjal-3258	63	8	another	another	DET
cjal-3258	63	9	way	way	NOUN
cjal-3258	63	10	,	,	PUNCT
cjal-3258	63	11	do	do	AUX
cjal-3258	63	12	the	the	DET
cjal-3258	63	13	tradable	tradable	ADJ
cjal-3258	63	14	shareholders	shareholder	NOUN
cjal-3258	63	15	have	have	VERB
cjal-3258	63	16	any	any	DET
cjal-3258	63	17	right	right	NOUN
cjal-3258	63	18	to	to	ADP
cjal-3258	63	19	compensation	compensation	NOUN
cjal-3258	63	20	from	from	ADP
cjal-3258	63	21	either	either	CCONJ
cjal-3258	63	22	the	the	DET
cjal-3258	63	23	non	non	ADJ
cjal-3258	63	24	-	-	ADJ
cjal-3258	63	25	tradable	tradable	ADJ
cjal-3258	63	26	shareholders	shareholder	NOUN
cjal-3258	63	27	or	or	CCONJ
cjal-3258	63	28	the	the	DET
cjal-3258	63	29	chinese	chinese	ADJ
cjal-3258	63	30	regulatory	regulatory	ADJ
cjal-3258	63	31	authorities	authority	NOUN
cjal-3258	63	32	when	when	SCONJ
cjal-3258	63	33	their	their	PRON
cjal-3258	63	34	non	non	ADJ
cjal-3258	63	35	-	-	ADJ
cjal-3258	63	36	tradable	tradable	ADJ
cjal-3258	63	37	shares	share	NOUN
cjal-3258	63	38	are	be	AUX
cjal-3258	63	39	allowed	allow	VERB
cjal-3258	63	40	to	to	PART
cjal-3258	63	41	trade	trade	VERB
cjal-3258	63	42	?	?	PUNCT
cjal-3258	64	1	this	this	PRON
cjal-3258	64	2	is	be	AUX
cjal-3258	64	3	a	a	DET
cjal-3258	64	4	legal	legal	ADJ
cjal-3258	64	5	question	question	NOUN
cjal-3258	64	6	that	that	SCONJ
cjal-3258	64	7	not	not	PART
cjal-3258	64	8	only	only	ADV
cjal-3258	64	9	requires	require	VERB
cjal-3258	64	10	the	the	DET
cjal-3258	64	11	close	close	ADJ
cjal-3258	64	12	examination	examination	NOUN
cjal-3258	64	13	of	of	ADP
cjal-3258	64	14	the	the	DET
cjal-3258	64	15	private	private	ADJ
cjal-3258	64	16	relationship	relationship	NOUN
cjal-3258	64	17	between	between	ADP
cjal-3258	64	18	the	the	DET
cjal-3258	64	19	non	non	ADJ
cjal-3258	64	20	-	-	ADJ
cjal-3258	64	21	tradable	tradable	ADJ
cjal-3258	64	22	shareholders	shareholder	NOUN
cjal-3258	64	23	and	and	CCONJ
cjal-3258	64	24	the	the	DET
cjal-3258	64	25	tradable	tradable	ADJ
cjal-3258	64	26	shareholders	shareholder	NOUN
cjal-3258	64	27	,	,	PUNCT
cjal-3258	64	28	but	but	CCONJ
cjal-3258	64	29	it	it	PRON
cjal-3258	64	30	will	will	AUX
cjal-3258	64	31	also	also	ADV
cjal-3258	64	32	bring	bring	VERB
cjal-3258	64	33	into	into	ADP
cjal-3258	64	34	focus	focus	NOUN
cjal-3258	64	35	the	the	DET
cjal-3258	64	36	government	government	NOUN
cjal-3258	64	37	's	's	PART
cjal-3258	64	38	role	role	NOUN
cjal-3258	64	39	in	in	ADP
cjal-3258	64	40	this	this	DET
cjal-3258	64	41	tripartite	tripartite	ADJ
cjal-3258	64	42	relationship	relationship	NOUN
cjal-3258	64	43	.	.	PUNCT
cjal-3258	65	1	should	should	AUX
cjal-3258	65	2	the	the	DET
cjal-3258	65	3	government	government	NOUN
cjal-3258	65	4	compensate	compensate	VERB
cjal-3258	65	5	losses	loss	NOUN
cjal-3258	65	6	to	to	ADP
cjal-3258	65	7	private	private	ADJ
cjal-3258	65	8	parties	party	NOUN
cjal-3258	65	9	that	that	PRON
cjal-3258	65	10	arise	arise	VERB
cjal-3258	65	11	out	out	ADP
cjal-3258	65	12	of	of	ADP
cjal-3258	65	13	its	its	PRON
cjal-3258	65	14	regulations	regulation	NOUN
cjal-3258	65	15	and	and	CCONJ
cjal-3258	65	16	policies	policy	NOUN
cjal-3258	65	17	?	?	PUNCT
cjal-3258	66	1	specifically	specifically	ADV
cjal-3258	66	2	,	,	PUNCT
cjal-3258	66	3	should	should	AUX
cjal-3258	66	4	the	the	DET
cjal-3258	66	5	regulatory	regulatory	ADJ
cjal-3258	66	6	takings	taking	NOUN
cjal-3258	66	7	doctrine	doctrine	NOUN
cjal-3258	66	8	5	5	NUM
cjal-3258	66	9	be	be	AUX
cjal-3258	66	10	extended	extend	VERB
cjal-3258	66	11	to	to	ADP
cjal-3258	66	12	our	our	PRON
cjal-3258	66	13	case	case	NOUN
cjal-3258	66	14	where	where	SCONJ
cjal-3258	66	15	the	the	DET
cjal-3258	66	16	tradable	tradable	ADJ
cjal-3258	66	17	shareholders	shareholder	NOUN
cjal-3258	66	18	suffer	suffer	VERB
cjal-3258	66	19	a	a	DET
cjal-3258	66	20	direct	direct	ADJ
cjal-3258	66	21	loss	loss	NOUN
cjal-3258	66	22	from	from	ADP
cjal-3258	66	23	a	a	DET
cjal-3258	66	24	regulation	regulation	NOUN
cjal-3258	66	25	which	which	PRON
cjal-3258	66	26	does	do	AUX
cjal-3258	66	27	not	not	PART
cjal-3258	66	28	directly	directly	ADV
cjal-3258	66	29	target	target	VERB
cjal-3258	66	30	them	they	PRON
cjal-3258	66	31	?	?	PUNCT
cjal-3258	67	1	should	should	AUX
cjal-3258	67	2	the	the	DET
cjal-3258	67	3	non	non	ADJ
cjal-3258	67	4	-	-	ADJ
cjal-3258	67	5	tradable	tradable	ADJ
cjal-3258	67	6	shareholders	shareholder	NOUN
cjal-3258	67	7	be	be	AUX
cjal-3258	67	8	allowed	allow	VERB
cjal-3258	67	9	to	to	PART
cjal-3258	67	10	simply	simply	ADV
cjal-3258	67	11	enjoy	enjoy	VERB
cjal-3258	67	12	the	the	DET
cjal-3258	67	13	huge	huge	ADJ
cjal-3258	67	14	profits	profit	NOUN
cjal-3258	67	15	from	from	ADP
cjal-3258	67	16	the	the	DET
cjal-3258	67	17	government	government	NOUN
cjal-3258	67	18	regulation	regulation	NOUN
cjal-3258	67	19	without	without	ADP
cjal-3258	67	20	any	any	DET
cjal-3258	67	21	charges	charge	NOUN
cjal-3258	67	22	and	and	CCONJ
cjal-3258	67	23	at	at	ADP
cjal-3258	67	24	the	the	DET
cjal-3258	67	25	expense	expense	NOUN
cjal-3258	67	26	of	of	ADP
cjal-3258	67	27	the	the	DET
cjal-3258	67	28	tradable	tradable	ADJ
cjal-3258	67	29	shareholders	shareholder	NOUN
cjal-3258	67	30	?	?	PUNCT
cjal-3258	68	1	to	to	PART
cjal-3258	68	2	answer	answer	VERB
cjal-3258	68	3	these	these	DET
cjal-3258	68	4	questions	question	NOUN
cjal-3258	68	5	,	,	PUNCT
cjal-3258	68	6	part	part	NOUN
cjal-3258	68	7	ii	ii	PROPN
cjal-3258	68	8	first	first	ADV
cjal-3258	68	9	traces	trace	VERB
cjal-3258	68	10	the	the	DET
cjal-3258	68	11	historical	historical	ADJ
cjal-3258	68	12	background	background	NOUN
cjal-3258	68	13	of	of	ADP
cjal-3258	68	14	this	this	DET
cjal-3258	68	15	reform	reform	NOUN
cjal-3258	68	16	and	and	CCONJ
cjal-3258	68	17	also	also	ADV
cjal-3258	68	18	explains	explain	VERB
cjal-3258	68	19	how	how	SCONJ
cjal-3258	68	20	the	the	DET
cjal-3258	68	21	reform	reform	NOUN
cjal-3258	68	22	is	be	AUX
cjal-3258	68	23	currently	currently	ADV
cjal-3258	68	24	implemented	implement	VERB
cjal-3258	68	25	.	.	PUNCT
cjal-3258	69	1	we	we	PRON
cjal-3258	69	2	then	then	ADV
cjal-3258	69	3	examine	examine	VERB
cjal-3258	69	4	the	the	DET
cjal-3258	69	5	traditional	traditional	ADJ
cjal-3258	69	6	approaches	approach	NOUN
cjal-3258	69	7	towards	towards	ADP
cjal-3258	69	8	the	the	DET
cjal-3258	69	9	legal	legal	ADJ
cjal-3258	69	10	basis	basis	NOUN
cjal-3258	69	11	of	of	ADP
cjal-3258	69	12	the	the	DET
cjal-3258	69	13	reform	reform	NOUN
cjal-3258	69	14	in	in	ADP
cjal-3258	69	15	part	part	NOUN
cjal-3258	69	16	iii	iii	NOUN
cjal-3258	69	17	.	.	PUNCT
cjal-3258	70	1	private	private	ADJ
cjal-3258	70	2	law	law	NOUN
cjal-3258	70	3	remedies	remedy	NOUN
cjal-3258	70	4	are	be	AUX
cjal-3258	70	5	discussed	discuss	VERB
cjal-3258	70	6	first	first	ADV
cjal-3258	70	7	before	before	SCONJ
cjal-3258	70	8	we	we	PRON
cjal-3258	70	9	look	look	VERB
cjal-3258	70	10	into	into	ADP
cjal-3258	70	11	the	the	DET
cjal-3258	70	12	public	public	ADJ
cjal-3258	70	13	law	law	NOUN
cjal-3258	70	14	remedies	remedy	VERB
cjal-3258	70	15	.	.	PUNCT
cjal-3258	71	1	contract	contract	NOUN
cjal-3258	71	2	theory	theory	NOUN
cjal-3258	71	3	which	which	PRON
cjal-3258	71	4	concludes	conclude	VERB
cjal-3258	71	5	that	that	SCONJ
cjal-3258	71	6	tradable	tradable	ADJ
cjal-3258	71	7	shareholders	shareholder	NOUN
cjal-3258	71	8	should	should	AUX
cjal-3258	71	9	be	be	AUX
cjal-3258	71	10	compensated	compensate	VERB
cjal-3258	71	11	by	by	ADP
cjal-3258	71	12	non	non	ADJ
cjal-3258	71	13	-	-	ADJ
cjal-3258	71	14	tradable	tradable	ADJ
cjal-3258	71	15	shareholders	shareholder	NOUN
cjal-3258	71	16	since	since	SCONJ
cjal-3258	71	17	the	the	DET
cjal-3258	71	18	trading	trading	NOUN
cjal-3258	71	19	of	of	ADP
cjal-3258	71	20	non	non	ADJ
cjal-3258	71	21	-	-	ADJ
cjal-3258	71	22	tradable	tradable	ADJ
cjal-3258	71	23	shares	share	NOUN
cjal-3258	71	24	now	now	ADV
cjal-3258	71	25	breaches	breach	VERB
cjal-3258	71	26	the	the	DET
cjal-3258	71	27	contract	contract	NOUN
cjal-3258	71	28	term	term	NOUN
cjal-3258	71	29	that	that	PRON
cjal-3258	71	30	the	the	DET
cjal-3258	71	31	shares	share	NOUN
cjal-3258	71	32	"	"	PUNCT
cjal-3258	71	33	temporarily	temporarily	ADV
cjal-3258	71	34	not	not	PART
cjal-3258	71	35	trade	trade	NOUN
cjal-3258	71	36	"	"	PUNCT
cjal-3258	71	37	is	be	AUX
cjal-3258	71	38	the	the	DET
cjal-3258	71	39	predominant	predominant	ADJ
cjal-3258	71	40	theory	theory	NOUN
cjal-3258	71	41	among	among	ADP
cjal-3258	71	42	chinese	chinese	ADJ
cjal-3258	71	43	legal	legal	ADJ
cjal-3258	71	44	scholars	scholar	NOUN
cjal-3258	71	45	.	.	PUNCT
cjal-3258	72	1	however	however	ADV
cjal-3258	72	2	,	,	PUNCT
cjal-3258	72	3	we	we	PRON
cjal-3258	72	4	refute	refute	VERB
cjal-3258	72	5	the	the	DET
cjal-3258	72	6	validity	validity	NOUN
cjal-3258	72	7	of	of	ADP
cjal-3258	72	8	contract	contract	NOUN
cjal-3258	72	9	theory	theory	NOUN
cjal-3258	72	10	's	's	PART
cjal-3258	72	11	result	result	NOUN
cjal-3258	72	12	by	by	ADP
cjal-3258	72	13	both	both	PRON
cjal-3258	72	14	critically	critically	ADV
cjal-3258	72	15	examining	examine	VERB
cjal-3258	72	16	the	the	DET
cjal-3258	72	17	theory	theory	NOUN
cjal-3258	72	18	's	's	PART
cjal-3258	72	19	premises	premise	NOUN
cjal-3258	72	20	and	and	CCONJ
cjal-3258	72	21	applying	apply	VERB
cjal-3258	72	22	contractual	contractual	ADJ
cjal-3258	72	23	principles	principle	NOUN
cjal-3258	72	24	.	.	PUNCT
cjal-3258	73	1	arguably	arguably	ADV
cjal-3258	73	2	,	,	PUNCT
cjal-3258	73	3	the	the	DET
cjal-3258	73	4	tradable	tradable	ADJ
cjal-3258	73	5	shareholders	shareholder	NOUN
cjal-3258	73	6	'	'	PART
cjal-3258	73	7	loss	loss	NOUN
cjal-3258	73	8	is	be	AUX
cjal-3258	73	9	caused	cause	VERB
cjal-3258	73	10	by	by	ADP
cjal-3258	73	11	the	the	DET
cjal-3258	73	12	regulatory	regulatory	ADJ
cjal-3258	73	13	authorities	authority	NOUN
cjal-3258	73	14	allowing	allow	VERB
cjal-3258	73	15	the	the	DET
cjal-3258	73	16	non	non	ADJ
cjal-3258	73	17	-	-	ADJ
cjal-3258	73	18	tradable	tradable	ADJ
cjal-3258	73	19	shares	share	NOUN
cjal-3258	73	20	to	to	PART
cjal-3258	73	21	trade	trade	VERB
cjal-3258	73	22	on	on	ADP
cjal-3258	73	23	the	the	DET
cjal-3258	73	24	stock	stock	NOUN
cjal-3258	73	25	exchange	exchange	NOUN
cjal-3258	73	26	.	.	PUNCT
cjal-3258	74	1	hence	hence	ADV
cjal-3258	74	2	we	we	PRON
cjal-3258	74	3	proceed	proceed	VERB
cjal-3258	74	4	to	to	PART
cjal-3258	74	5	look	look	VERB
cjal-3258	74	6	into	into	ADP
cjal-3258	74	7	public	public	ADJ
cjal-3258	74	8	law	law	NOUN
cjal-3258	74	9	remedies	remedy	NOUN
cjal-3258	74	10	.	.	PUNCT
cjal-3258	75	1	chinese	chinese	ADJ
cjal-3258	75	2	doctrine	doctrine	NOUN
cjal-3258	75	3	on	on	ADP
cjal-3258	75	4	protecting	protect	VERB
cjal-3258	75	5	private	private	ADJ
cjal-3258	75	6	property	property	NOUN
cjal-3258	75	7	from	from	ADP
cjal-3258	75	8	government	government	NOUN
cjal-3258	75	9	actions	action	NOUN
cjal-3258	75	10	is	be	AUX
cjal-3258	75	11	still	still	ADV
cjal-3258	75	12	at	at	ADP
cjal-3258	75	13	its	its	PRON
cjal-3258	75	14	infancy	infancy	NOUN
cjal-3258	75	15	and	and	CCONJ
cjal-3258	75	16	is	be	AUX
cjal-3258	75	17	too	too	ADV
cjal-3258	75	18	limited	limited	ADJ
cjal-3258	75	19	in	in	ADP
cjal-3258	75	20	scope	scope	NOUN
cjal-3258	75	21	to	to	PART
cjal-3258	75	22	provide	provide	VERB
cjal-3258	75	23	a	a	DET
cjal-3258	75	24	plausible	plausible	ADJ
cjal-3258	75	25	legal	legal	ADJ
cjal-3258	75	26	basis	basis	NOUN
cjal-3258	75	27	.	.	PUNCT
cjal-3258	76	1	as	as	ADP
cjal-3258	76	2	a	a	DET
cjal-3258	76	3	comparative	comparative	ADJ
cjal-3258	76	4	study	study	NOUN
cjal-3258	76	5	,	,	PUNCT
cjal-3258	76	6	we	we	PRON
cjal-3258	76	7	apply	apply	VERB
cjal-3258	76	8	the	the	DET
cjal-3258	76	9	more	more	ADV
cjal-3258	76	10	developed	develop	VERB
cjal-3258	76	11	u.s	u.s	PROPN
cjal-3258	76	12	.	.	PROPN
cjal-3258	76	13	takings	taking	NOUN
cjal-3258	76	14	doctrine	doctrine	NOUN
cjal-3258	76	15	to	to	ADP
cjal-3258	76	16	this	this	DET
cjal-3258	76	17	reform	reform	NOUN
cjal-3258	76	18	,	,	PUNCT
cjal-3258	76	19	but	but	CCONJ
cjal-3258	76	20	even	even	ADV
cjal-3258	76	21	that	that	PRON
cjal-3258	76	22	fails	fail	VERB
cjal-3258	76	23	to	to	PART
cjal-3258	76	24	provide	provide	VERB
cjal-3258	76	25	tradable	tradable	ADJ
cjal-3258	76	26	shareholders	shareholder	NOUN
cjal-3258	76	27	with	with	ADP
cjal-3258	76	28	any	any	DET
cjal-3258	76	29	basis	basis	NOUN
cjal-3258	76	30	or	or	CCONJ
cjal-3258	76	31	right	right	NOUN
cjal-3258	76	32	to	to	ADP
cjal-3258	76	33	compensation	compensation	NOUN
cjal-3258	76	34	.	.	PUNCT
cjal-3258	77	1	the	the	DET
cjal-3258	77	2	difficulties	difficulty	NOUN
cjal-3258	77	3	in	in	ADP
cjal-3258	77	4	categorizing	categorize	VERB
cjal-3258	77	5	the	the	DET
cjal-3258	77	6	legal	legal	ADJ
cjal-3258	77	7	basis	basis	NOUN
cjal-3258	77	8	of	of	ADP
cjal-3258	77	9	the	the	DET
cjal-3258	77	10	chinese	chinese	ADJ
cjal-3258	77	11	reform	reform	NOUN
cjal-3258	77	12	under	under	ADP
cjal-3258	77	13	the	the	DET
cjal-3258	77	14	traditional	traditional	ADJ
cjal-3258	77	15	dichotomy	dichotomy	NOUN
cjal-3258	77	16	of	of	ADP
cjal-3258	77	17	private	private	ADJ
cjal-3258	77	18	law	law	NOUN
cjal-3258	77	19	and	and	CCONJ
cjal-3258	77	20	public	public	ADJ
cjal-3258	77	21	law	law	NOUN
cjal-3258	77	22	demonstrates	demonstrate	VERB
cjal-3258	77	23	the	the	DET
cjal-3258	77	24	blurring	blurring	NOUN
cjal-3258	77	25	of	of	ADP
cjal-3258	77	26	the	the	DET
cjal-3258	77	27	public	public	ADJ
cjal-3258	77	28	-	-	PUNCT
cjal-3258	77	29	private	private	ADJ
cjal-3258	77	30	distinction	distinction	NOUN
cjal-3258	77	31	.	.	PUNCT
cjal-3258	78	1	the	the	DET
cjal-3258	78	2	incorporation	incorporation	NOUN
cjal-3258	78	3	of	of	ADP
cjal-3258	78	4	a	a	DET
cjal-3258	78	5	privatized	privatized	ADJ
cjal-3258	78	6	bargaining	bargaining	NOUN
cjal-3258	78	7	mechanism	mechanism	NOUN
cjal-3258	78	8	in	in	ADP
cjal-3258	78	9	the	the	DET
cjal-3258	78	10	essentially	essentially	ADV
cjal-3258	78	11	public	public	ADJ
cjal-3258	78	12	nature	nature	NOUN
cjal-3258	78	13	of	of	ADP
cjal-3258	78	14	market	market	NOUN
cjal-3258	78	15	reform	reform	NOUN
cjal-3258	78	16	underscores	underscore	VERB
cjal-3258	78	17	the	the	DET
cjal-3258	78	18	limitations	limitation	NOUN
cjal-3258	78	19	of	of	ADP
cjal-3258	78	20	a	a	DET
cjal-3258	78	21	strict	strict	ADJ
cjal-3258	78	22	public	public	ADJ
cjal-3258	78	23	-	-	PUNCT
cjal-3258	78	24	private	private	ADJ
cjal-3258	78	25	dichotomy	dichotomy	NOUN
cjal-3258	78	26	.	.	PUNCT
cjal-3258	78	27	'	'	PUNCT
cjal-3258	79	1	regulatory	regulatory	ADJ
cjal-3258	79	2	takings	taking	NOUN
cjal-3258	79	3	doctrine	doctrine	NOUN
cjal-3258	79	4	refers	refer	VERB
cjal-3258	79	5	to	to	ADP
cjal-3258	79	6	the	the	DET
cjal-3258	79	7	us	us	PROPN
cjal-3258	79	8	legal	legal	ADJ
cjal-3258	79	9	doctrine	doctrine	NOUN
cjal-3258	79	10	that	that	PRON
cjal-3258	79	11	requires	require	VERB
cjal-3258	79	12	the	the	DET
cjal-3258	79	13	government	government	NOUN
cjal-3258	79	14	to	to	PART
cjal-3258	79	15	compensate	compensate	VERB
cjal-3258	79	16	individuals	individual	NOUN
cjal-3258	79	17	when	when	SCONJ
cjal-3258	79	18	they	they	PRON
cjal-3258	79	19	suffer	suffer	VERB
cjal-3258	79	20	property	property	NOUN
cjal-3258	79	21	value	value	NOUN
cjal-3258	79	22	diminution	diminution	NOUN
cjal-3258	79	23	due	due	ADP
cjal-3258	79	24	to	to	ADP
cjal-3258	79	25	government	government	NOUN
cjal-3258	79	26	regulations	regulation	NOUN
cjal-3258	79	27	.	.	PUNCT
cjal-3258	80	1	see	see	VERB
cjal-3258	80	2	infra	infra	NOUN
cjal-3258	80	3	part	part	NOUN
cjal-3258	80	4	iii.b.3	iii.b.3	NOUN
cjal-3258	80	5	.	.	PROPN
cjal-3258	81	1	2006	2006	NUM
cjal-3258	81	2	]	]	PUNCT
cjal-3258	81	3	col	col	PROPN
cjal-3258	81	4	umbia	umbia	PROPN
cjal-3258	81	5	journal	journal	PROPN
cjal-3258	81	6	of	of	ADP
cjal-3258	81	7	asian	asian	PROPN
cjal-3258	81	8	la	la	PROPN
cjal-3258	81	9	w	w	PROPN
cjal-3258	81	10	this	this	PRON
cjal-3258	81	11	is	be	AUX
cjal-3258	81	12	where	where	SCONJ
cjal-3258	81	13	we	we	PRON
cjal-3258	81	14	turn	turn	VERB
cjal-3258	81	15	to	to	ADP
cjal-3258	81	16	the	the	DET
cjal-3258	81	17	givings	giving	NOUN
cjal-3258	81	18	doctrine	doctrine	NOUN
cjal-3258	81	19	in	in	ADP
cjal-3258	81	20	part	part	NOUN
cjal-3258	81	21	iv	iv	NUM
cjal-3258	81	22	.	.	PUNCT
cjal-3258	81	23	mirroring	mirror	VERB
cjal-3258	81	24	takings	taking	NOUN
cjal-3258	81	25	doctrine	doctrine	NOUN
cjal-3258	81	26	,	,	PUNCT
cjal-3258	81	27	which	which	PRON
cjal-3258	81	28	focuses	focus	VERB
cjal-3258	81	29	on	on	ADP
cjal-3258	81	30	identifying	identify	VERB
cjal-3258	81	31	which	which	DET
cjal-3258	81	32	deprivation	deprivation	NOUN
cjal-3258	81	33	of	of	ADP
cjal-3258	81	34	property	property	NOUN
cjal-3258	81	35	caused	cause	VERB
cjal-3258	81	36	by	by	ADP
cjal-3258	81	37	the	the	DET
cjal-3258	81	38	government	government	NOUN
cjal-3258	81	39	must	must	AUX
cjal-3258	81	40	be	be	AUX
cjal-3258	81	41	compensated	compensate	VERB
cjal-3258	81	42	,	,	PUNCT
cjal-3258	81	43	givings	giving	NOUN
cjal-3258	81	44	doctrine	doctrine	NOUN
cjal-3258	81	45	seeks	seek	VERB
cjal-3258	81	46	to	to	PART
cjal-3258	81	47	determine	determine	VERB
cjal-3258	81	48	under	under	ADP
cjal-3258	81	49	what	what	DET
cjal-3258	81	50	circumstances	circumstance	NOUN
cjal-3258	81	51	must	must	AUX
cjal-3258	81	52	the	the	DET
cjal-3258	81	53	beneficiaries	beneficiary	NOUN
cjal-3258	81	54	of	of	ADP
cjal-3258	81	55	government	government	NOUN
cjal-3258	81	56	actions	action	NOUN
cjal-3258	81	57	be	be	AUX
cjal-3258	81	58	charged	charge	VERB
cjal-3258	81	59	for	for	ADP
cjal-3258	81	60	a	a	DET
cjal-3258	81	61	received	receive	VERB
cjal-3258	81	62	benefit	benefit	NOUN
cjal-3258	81	63	.	.	PUNCT
cjal-3258	82	1	abraham	abraham	PROPN
cjal-3258	82	2	bell	bell	PROPN
cjal-3258	82	3	and	and	CCONJ
cjal-3258	82	4	gideon	gideon	PROPN
cjal-3258	82	5	parchomovsky	parchomovsky	PROPN
cjal-3258	82	6	only	only	ADV
cjal-3258	82	7	recently	recently	ADV
cjal-3258	82	8	developed	develop	VERB
cjal-3258	82	9	the	the	DET
cjal-3258	82	10	givings	giving	NOUN
cjal-3258	82	11	doctrine	doctrine	NOUN
cjal-3258	82	12	from	from	ADP
cjal-3258	82	13	the	the	DET
cjal-3258	82	14	u.s	u.s	PROPN
cjal-3258	82	15	.	.	PROPN
cjal-3258	82	16	takings	taking	NOUN
cjal-3258	82	17	doctrine	doctrine	NOUN
cjal-3258	82	18	in	in	ADP
cjal-3258	82	19	the	the	DET
cjal-3258	82	20	yale	yale	PROPN
cjal-3258	82	21	law	law	NOUN
cjal-3258	83	1	journal.6	journal.6	PROPN
cjal-3258	83	2	we	we	PRON
cjal-3258	83	3	argue	argue	VERB
cjal-3258	83	4	for	for	ADP
cjal-3258	83	5	its	its	PRON
cjal-3258	83	6	merits	merit	NOUN
cjal-3258	83	7	and	and	CCONJ
cjal-3258	83	8	relevance	relevance	NOUN
cjal-3258	83	9	to	to	ADP
cjal-3258	83	10	the	the	DET
cjal-3258	83	11	chinese	chinese	ADJ
cjal-3258	83	12	reform	reform	NOUN
cjal-3258	83	13	,	,	PUNCT
cjal-3258	83	14	including	include	VERB
cjal-3258	83	15	the	the	DET
cjal-3258	83	16	inextricable	inextricable	ADJ
cjal-3258	83	17	relationship	relationship	NOUN
cjal-3258	83	18	between	between	ADP
cjal-3258	83	19	takings	taking	NOUN
cjal-3258	83	20	and	and	CCONJ
cjal-3258	83	21	givings	giving	NOUN
cjal-3258	83	22	,	,	PUNCT
cjal-3258	83	23	their	their	PRON
cjal-3258	83	24	similar	similar	ADJ
cjal-3258	83	25	effects	effect	NOUN
cjal-3258	83	26	on	on	ADP
cjal-3258	83	27	relative	relative	ADJ
cjal-3258	83	28	wealth	wealth	NOUN
cjal-3258	83	29	,	,	PUNCT
cjal-3258	83	30	risks	risk	NOUN
cjal-3258	83	31	of	of	ADP
cjal-3258	83	32	abuse	abuse	NOUN
cjal-3258	83	33	and	and	CCONJ
cjal-3258	83	34	other	other	ADJ
cjal-3258	83	35	political	political	ADJ
cjal-3258	83	36	vices	vice	NOUN
cjal-3258	83	37	and	and	CCONJ
cjal-3258	83	38	fairness	fairness	NOUN
cjal-3258	83	39	and	and	CCONJ
cjal-3258	83	40	efficiency	efficiency	NOUN
cjal-3258	83	41	considerations	consideration	NOUN
cjal-3258	83	42	.	.	PUNCT
cjal-3258	84	1	we	we	PRON
cjal-3258	84	2	explain	explain	VERB
cjal-3258	84	3	that	that	SCONJ
cjal-3258	84	4	the	the	DET
cjal-3258	84	5	givings	giving	NOUN
cjal-3258	84	6	doctrine	doctrine	NOUN
cjal-3258	84	7	can	can	AUX
cjal-3258	84	8	provide	provide	VERB
cjal-3258	84	9	a	a	DET
cjal-3258	84	10	legal	legal	ADJ
cjal-3258	84	11	basis	basis	NOUN
cjal-3258	84	12	for	for	ADP
cjal-3258	84	13	regulatory	regulatory	ADJ
cjal-3258	84	14	authorities	authority	NOUN
cjal-3258	84	15	requiring	require	VERB
cjal-3258	84	16	non	non	ADJ
cjal-3258	84	17	-	-	ADJ
cjal-3258	84	18	tradable	tradable	ADJ
cjal-3258	84	19	shareholders	shareholder	NOUN
cjal-3258	84	20	to	to	PART
cjal-3258	84	21	compensate	compensate	VERB
cjal-3258	84	22	tradable	tradable	ADJ
cjal-3258	84	23	shareholders	shareholder	NOUN
cjal-3258	84	24	before	before	ADP
cjal-3258	84	25	trading	trade	VERB
cjal-3258	84	26	.	.	PUNCT
cjal-3258	85	1	from	from	ADP
cjal-3258	85	2	this	this	DET
cjal-3258	85	3	practical	practical	ADJ
cjal-3258	85	4	application	application	NOUN
cjal-3258	85	5	of	of	ADP
cjal-3258	85	6	this	this	DET
cjal-3258	85	7	givings	giving	NOUN
cjal-3258	85	8	doctrine	doctrine	NOUN
cjal-3258	85	9	,	,	PUNCT
cjal-3258	85	10	we	we	PRON
cjal-3258	85	11	also	also	ADV
cjal-3258	85	12	highlight	highlight	VERB
cjal-3258	85	13	some	some	PRON
cjal-3258	85	14	of	of	ADP
cjal-3258	85	15	the	the	DET
cjal-3258	85	16	conceptual	conceptual	ADJ
cjal-3258	85	17	and	and	CCONJ
cjal-3258	85	18	practical	practical	ADJ
cjal-3258	85	19	complications	complication	NOUN
cjal-3258	85	20	that	that	PRON
cjal-3258	85	21	have	have	AUX
cjal-3258	85	22	arisen	arise	VERB
cjal-3258	85	23	and	and	CCONJ
cjal-3258	85	24	propose	propose	VERB
cjal-3258	85	25	some	some	DET
cjal-3258	85	26	refinements	refinement	NOUN
cjal-3258	85	27	.	.	PUNCT
cjal-3258	86	1	building	build	VERB
cjal-3258	86	2	on	on	ADP
cjal-3258	86	3	this	this	DET
cjal-3258	86	4	givings	giving	NOUN
cjal-3258	86	5	doctrine	doctrine	NOUN
cjal-3258	86	6	,	,	PUNCT
cjal-3258	86	7	we	we	PRON
cjal-3258	86	8	utilize	utilize	VERB
cjal-3258	86	9	economic	economic	ADJ
cjal-3258	86	10	analysis	analysis	NOUN
cjal-3258	86	11	to	to	PART
cjal-3258	86	12	evaluate	evaluate	VERB
cjal-3258	86	13	the	the	DET
cjal-3258	86	14	chinese	chinese	ADJ
cjal-3258	86	15	reform	reform	NOUN
cjal-3258	86	16	in	in	ADP
cjal-3258	86	17	part	part	NOUN
cjal-3258	86	18	v.	v.	ADP
cjal-3258	86	19	first	first	ADJ
cjal-3258	86	20	,	,	PUNCT
cjal-3258	86	21	we	we	PRON
cjal-3258	86	22	look	look	VERB
cjal-3258	86	23	into	into	ADP
cjal-3258	86	24	the	the	DET
cjal-3258	86	25	choice	choice	NOUN
cjal-3258	86	26	of	of	ADP
cjal-3258	86	27	property	property	NOUN
cjal-3258	86	28	rule	rule	NOUN
cjal-3258	86	29	over	over	ADP
cjal-3258	86	30	both	both	DET
cjal-3258	86	31	liability	liability	NOUN
cjal-3258	86	32	rule	rule	NOUN
cjal-3258	86	33	and	and	CCONJ
cjal-3258	86	34	mandatory	mandatory	ADJ
cjal-3258	86	35	transfer	transfer	NOUN
cjal-3258	86	36	rule	rule	NOUN
cjal-3258	86	37	when	when	SCONJ
cjal-3258	86	38	granting	grant	VERB
cjal-3258	86	39	tradable	tradable	ADJ
cjal-3258	86	40	shareholders	shareholder	NOUN
cjal-3258	86	41	an	an	DET
cjal-3258	86	42	entitlement	entitlement	NOUN
cjal-3258	86	43	to	to	ADP
cjal-3258	86	44	compensation	compensation	NOUN
cjal-3258	86	45	.	.	PUNCT
cjal-3258	87	1	efficiency	efficiency	NOUN
cjal-3258	87	2	and	and	CCONJ
cjal-3258	87	3	practical	practical	ADJ
cjal-3258	87	4	considerations	consideration	NOUN
cjal-3258	87	5	affirm	affirm	VERB
cjal-3258	87	6	the	the	DET
cjal-3258	87	7	chinese	chinese	ADJ
cjal-3258	87	8	approach	approach	NOUN
cjal-3258	87	9	.	.	PUNCT
cjal-3258	88	1	we	we	PRON
cjal-3258	88	2	next	next	ADV
cjal-3258	88	3	discuss	discuss	VERB
cjal-3258	88	4	the	the	DET
cjal-3258	88	5	private	private	ADJ
cjal-3258	88	6	bargaining	bargaining	NOUN
cjal-3258	88	7	mechanism	mechanism	NOUN
cjal-3258	88	8	,	,	PUNCT
cjal-3258	88	9	which	which	PRON
cjal-3258	88	10	is	be	AUX
cjal-3258	88	11	a	a	DET
cjal-3258	88	12	rather	rather	ADV
cjal-3258	88	13	unique	unique	ADJ
cjal-3258	88	14	feature	feature	NOUN
cjal-3258	88	15	in	in	ADP
cjal-3258	88	16	the	the	DET
cjal-3258	88	17	chinese	chinese	ADJ
cjal-3258	88	18	system	system	NOUN
cjal-3258	88	19	,	,	PUNCT
cjal-3258	88	20	where	where	SCONJ
cjal-3258	88	21	centrally	centrally	ADV
cjal-3258	88	22	-	-	PUNCT
cjal-3258	88	23	administered	administer	VERB
cjal-3258	88	24	reform	reform	NOUN
cjal-3258	88	25	is	be	AUX
cjal-3258	88	26	more	more	ADJ
cjal-3258	88	27	of	of	ADP
cjal-3258	88	28	the	the	DET
cjal-3258	88	29	norm	norm	NOUN
cjal-3258	88	30	.	.	PUNCT
cjal-3258	89	1	though	though	SCONJ
cjal-3258	89	2	we	we	PRON
cjal-3258	89	3	give	give	VERB
cjal-3258	89	4	due	due	ADJ
cjal-3258	89	5	credit	credit	NOUN
cjal-3258	89	6	to	to	ADP
cjal-3258	89	7	the	the	DET
cjal-3258	89	8	chinese	chinese	ADJ
cjal-3258	89	9	reform	reform	NOUN
cjal-3258	89	10	,	,	PUNCT
cjal-3258	89	11	we	we	PRON
cjal-3258	89	12	also	also	ADV
cjal-3258	89	13	identify	identify	VERB
cjal-3258	89	14	its	its	PRON
cjal-3258	89	15	limitations	limitation	NOUN
cjal-3258	89	16	in	in	ADP
cjal-3258	89	17	part	part	NOUN
cjal-3258	89	18	vi	vi	PROPN
cjal-3258	89	19	.	.	PUNCT
cjal-3258	90	1	these	these	DET
cjal-3258	90	2	limitations	limitation	NOUN
cjal-3258	90	3	have	have	AUX
cjal-3258	90	4	resulted	result	VERB
cjal-3258	90	5	in	in	ADP
cjal-3258	90	6	the	the	DET
cjal-3258	90	7	risks	risk	NOUN
cjal-3258	90	8	of	of	ADP
cjal-3258	90	9	over	over	ADP
cjal-3258	90	10	-	-	PUNCT
cjal-3258	90	11	compensation	compensation	NOUN
cjal-3258	90	12	and	and	CCONJ
cjal-3258	90	13	holding	hold	VERB
cjal-3258	90	14	out	out	ADP
cjal-3258	90	15	that	that	PRON
cjal-3258	90	16	could	could	AUX
cjal-3258	90	17	possibly	possibly	ADV
cjal-3258	90	18	undermine	undermine	VERB
cjal-3258	90	19	and	and	CCONJ
cjal-3258	90	20	even	even	ADV
cjal-3258	90	21	derail	derail	VERB
cjal-3258	90	22	the	the	DET
cjal-3258	90	23	reform	reform	NOUN
cjal-3258	90	24	process	process	NOUN
cjal-3258	90	25	.	.	PUNCT
cjal-3258	91	1	we	we	PRON
cjal-3258	91	2	propose	propose	VERB
cjal-3258	91	3	some	some	DET
cjal-3258	91	4	recommendations	recommendation	NOUN
cjal-3258	91	5	that	that	PRON
cjal-3258	91	6	we	we	PRON
cjal-3258	91	7	believe	believe	VERB
cjal-3258	91	8	will	will	AUX
cjal-3258	91	9	both	both	PRON
cjal-3258	91	10	deal	deal	VERB
cjal-3258	91	11	with	with	ADP
cjal-3258	91	12	those	those	DET
cjal-3258	91	13	risks	risk	NOUN
cjal-3258	91	14	and	and	CCONJ
cjal-3258	91	15	improve	improve	VERB
cjal-3258	91	16	the	the	DET
cjal-3258	91	17	efficiency	efficiency	NOUN
cjal-3258	91	18	of	of	ADP
cjal-3258	91	19	reform	reform	NOUN
cjal-3258	91	20	implementation	implementation	NOUN
cjal-3258	91	21	.	.	PUNCT
cjal-3258	92	1	these	these	DET
cjal-3258	92	2	recommendations	recommendation	NOUN
cjal-3258	92	3	are	be	AUX
cjal-3258	92	4	not	not	PART
cjal-3258	92	5	only	only	ADV
cjal-3258	92	6	relevant	relevant	ADJ
cjal-3258	92	7	to	to	ADP
cjal-3258	92	8	this	this	DET
cjal-3258	92	9	china	china	PROPN
cjal-3258	92	10	's	's	PART
cjal-3258	92	11	reform	reform	NOUN
cjal-3258	92	12	but	but	CCONJ
cjal-3258	92	13	are	be	AUX
cjal-3258	92	14	useful	useful	ADJ
cjal-3258	92	15	in	in	ADP
cjal-3258	92	16	future	future	ADJ
cjal-3258	92	17	practical	practical	ADJ
cjal-3258	92	18	application	application	NOUN
cjal-3258	92	19	of	of	ADP
cjal-3258	92	20	the	the	DET
cjal-3258	92	21	givings	giving	NOUN
cjal-3258	92	22	doctrine	doctrine	NOUN
cjal-3258	92	23	.	.	PUNCT
cjal-3258	93	1	indeed	indeed	ADV
cjal-3258	93	2	,	,	PUNCT
cjal-3258	93	3	the	the	DET
cjal-3258	93	4	chinese	chinese	ADJ
cjal-3258	93	5	reform	reform	NOUN
cjal-3258	93	6	has	have	AUX
cjal-3258	93	7	proved	prove	VERB
cjal-3258	93	8	to	to	PART
cjal-3258	93	9	be	be	AUX
cjal-3258	93	10	a	a	DET
cjal-3258	93	11	fruitful	fruitful	ADJ
cjal-3258	93	12	application	application	NOUN
cjal-3258	93	13	of	of	ADP
cjal-3258	93	14	the	the	DET
cjal-3258	93	15	givings	giving	NOUN
cjal-3258	93	16	doctrine	doctrine	NOUN
cjal-3258	93	17	.	.	PUNCT
cjal-3258	94	1	in	in	ADP
cjal-3258	94	2	the	the	DET
cjal-3258	94	3	conclusion	conclusion	NOUN
cjal-3258	94	4	,	,	PUNCT
cjal-3258	94	5	we	we	PRON
cjal-3258	94	6	identify	identify	VERB
cjal-3258	94	7	the	the	DET
cjal-3258	94	8	unique	unique	ADJ
cjal-3258	94	9	nature	nature	NOUN
cjal-3258	94	10	of	of	ADP
cjal-3258	94	11	givings	giving	NOUN
cjal-3258	94	12	under	under	ADP
cjal-3258	94	13	the	the	DET
cjal-3258	94	14	chinese	chinese	ADJ
cjal-3258	94	15	reform	reform	NOUN
cjal-3258	94	16	.	.	PUNCT
cjal-3258	95	1	the	the	DET
cjal-3258	95	2	reliance	reliance	NOUN
cjal-3258	95	3	of	of	ADP
cjal-3258	95	4	a	a	DET
cjal-3258	95	5	property	property	NOUN
cjal-3258	95	6	rule	rule	NOUN
cjal-3258	95	7	protection	protection	NOUN
cjal-3258	95	8	and	and	CCONJ
cjal-3258	95	9	the	the	DET
cjal-3258	95	10	requirement	requirement	NOUN
cjal-3258	95	11	for	for	ADP
cjal-3258	95	12	a	a	DET
cjal-3258	95	13	private	private	ADJ
cjal-3258	95	14	precondition	precondition	NOUN
cjal-3258	95	15	not	not	PART
cjal-3258	95	16	only	only	ADV
cjal-3258	95	17	represents	represent	VERB
cjal-3258	95	18	novel	novel	ADJ
cjal-3258	95	19	departures	departure	NOUN
cjal-3258	95	20	from	from	ADP
cjal-3258	95	21	the	the	DET
cjal-3258	95	22	original	original	ADJ
cjal-3258	95	23	givings	giving	NOUN
cjal-3258	95	24	doctrine	doctrine	NOUN
cjal-3258	95	25	,	,	PUNCT
cjal-3258	95	26	but	but	CCONJ
cjal-3258	95	27	also	also	ADV
cjal-3258	95	28	further	far	ADV
cjal-3258	95	29	advance	advance	VERB
cjal-3258	95	30	the	the	DET
cjal-3258	95	31	efficiency	efficiency	NOUN
cjal-3258	95	32	and	and	CCONJ
cjal-3258	95	33	fairness	fairness	NOUN
cjal-3258	95	34	merits	merit	NOUN
cjal-3258	95	35	of	of	ADP
cjal-3258	95	36	givings	giving	NOUN
cjal-3258	95	37	charging	charge	VERB
cjal-3258	95	38	.	.	PUNCT
cjal-3258	96	1	similarly	similarly	ADV
cjal-3258	96	2	,	,	PUNCT
cjal-3258	96	3	the	the	DET
cjal-3258	96	4	innovative	innovative	ADJ
cjal-3258	96	5	utilization	utilization	NOUN
cjal-3258	96	6	of	of	ADP
cjal-3258	96	7	mixing	mix	VERB
cjal-3258	96	8	entitlement	entitlement	NOUN
cjal-3258	96	9	protection	protection	NOUN
cjal-3258	96	10	and	and	CCONJ
cjal-3258	96	11	the	the	DET
cjal-3258	96	12	extension	extension	NOUN
cjal-3258	96	13	of	of	ADP
cjal-3258	96	14	compensation	compensation	NOUN
cjal-3258	96	15	rights	right	NOUN
cjal-3258	96	16	to	to	ADP
cjal-3258	96	17	derivative	derivative	ADJ
cjal-3258	96	18	takings	taking	NOUN
cjal-3258	96	19	provides	provide	VERB
cjal-3258	96	20	invaluable	invaluable	ADJ
cjal-3258	96	21	practical	practical	ADJ
cjal-3258	96	22	lessons	lesson	NOUN
cjal-3258	96	23	and	and	CCONJ
cjal-3258	96	24	useful	useful	ADJ
cjal-3258	96	25	pointers	pointer	NOUN
cjal-3258	96	26	that	that	PRON
cjal-3258	96	27	are	be	AUX
cjal-3258	96	28	relevant	relevant	ADJ
cjal-3258	96	29	to	to	ADP
cjal-3258	96	30	future	future	NOUN
cjal-3258	96	31	6	6	NUM
cjal-3258	96	32	abraham	abraham	PROPN
cjal-3258	96	33	bell	bell	PROPN
cjal-3258	96	34	&	&	CCONJ
cjal-3258	96	35	gideon	gideon	PROPN
cjal-3258	96	36	parchomovsky	parchomovsky	PROPN
cjal-3258	96	37	,	,	PUNCT
cjal-3258	96	38	givings	giving	NOUN
cjal-3258	96	39	,	,	PUNCT
cjal-3258	96	40	111	111	NUM
cjal-3258	96	41	yale	yale	PROPN
cjal-3258	96	42	l.j	l.j	PROPN
cjal-3258	96	43	.	.	PROPN
cjal-3258	96	44	547	547	NUM
cjal-3258	96	45	(	(	PUNCT
cjal-3258	96	46	2001	2001	NUM
cjal-3258	96	47	)	)	PUNCT
cjal-3258	96	48	.	.	PUNCT
cjal-3258	97	1	[	[	X
cjal-3258	97	2	20:1	20:1	NUM
cjal-3258	97	3	regula	regula	NOUN
cjal-3258	97	4	tory	tory	NOUN
cjal-3258	97	5	gi	gi	VERB
cjal-3258	97	6	vings	ving	NOUN
cjal-3258	97	7	in	in	ADP
cjal-3258	97	8	china	china	PROPN
cjal-3258	97	9	developments	development	NOUN
cjal-3258	97	10	and	and	CCONJ
cjal-3258	97	11	applications	application	NOUN
cjal-3258	97	12	of	of	ADP
cjal-3258	97	13	the	the	DET
cjal-3258	97	14	givings	giving	NOUN
cjal-3258	97	15	doctrine	doctrine	NOUN
cjal-3258	97	16	,	,	PUNCT
cjal-3258	97	17	both	both	CCONJ
cjal-3258	97	18	within	within	ADP
cjal-3258	97	19	and	and	CCONJ
cjal-3258	97	20	without	without	ADP
cjal-3258	97	21	china	china	PROPN
cjal-3258	97	22	.	.	PUNCT
cjal-3258	98	1	ii	ii	PROPN
cjal-3258	98	2	.	.	PUNCT
cjal-3258	98	3	historical	historical	ADJ
cjal-3258	98	4	background	background	NOUN
cjal-3258	98	5	and	and	CCONJ
cjal-3258	98	6	reform	reform	NOUN
cjal-3258	98	7	we	we	PRON
cjal-3258	98	8	first	first	ADV
cjal-3258	98	9	examine	examine	VERB
cjal-3258	98	10	the	the	DET
cjal-3258	98	11	historical	historical	ADJ
cjal-3258	98	12	background	background	NOUN
cjal-3258	98	13	of	of	ADP
cjal-3258	98	14	split	split	ADJ
cjal-3258	98	15	share	share	NOUN
cjal-3258	98	16	structure	structure	NOUN
cjal-3258	98	17	reform	reform	NOUN
cjal-3258	98	18	.	.	PUNCT
cjal-3258	99	1	we	we	PRON
cjal-3258	99	2	highlight	highlight	VERB
cjal-3258	99	3	the	the	DET
cjal-3258	99	4	problems	problem	NOUN
cjal-3258	99	5	and	and	CCONJ
cjal-3258	99	6	deficiencies	deficiency	NOUN
cjal-3258	99	7	arising	arise	VERB
cjal-3258	99	8	out	out	ADP
cjal-3258	99	9	of	of	ADP
cjal-3258	99	10	this	this	DET
cjal-3258	99	11	structure	structure	NOUN
cjal-3258	99	12	,	,	PUNCT
cjal-3258	99	13	and	and	CCONJ
cjal-3258	99	14	then	then	ADV
cjal-3258	99	15	proceed	proceed	VERB
cjal-3258	99	16	to	to	PART
cjal-3258	99	17	explain	explain	VERB
cjal-3258	99	18	the	the	DET
cjal-3258	99	19	reform	reform	NOUN
cjal-3258	99	20	measures	measure	NOUN
cjal-3258	99	21	implemented	implement	VERB
cjal-3258	99	22	by	by	ADP
cjal-3258	99	23	the	the	DET
cjal-3258	99	24	chinese	chinese	ADJ
cjal-3258	99	25	government	government	NOUN
cjal-3258	99	26	.	.	PUNCT
cjal-3258	100	1	this	this	PRON
cjal-3258	100	2	provides	provide	VERB
cjal-3258	100	3	the	the	DET
cjal-3258	100	4	basis	basis	NOUN
cjal-3258	100	5	for	for	ADP
cjal-3258	100	6	our	our	PRON
cjal-3258	100	7	later	later	ADJ
cjal-3258	100	8	analysis	analysis	NOUN
cjal-3258	100	9	and	and	CCONJ
cjal-3258	100	10	discussion	discussion	NOUN
cjal-3258	100	11	.	.	PUNCT
cjal-3258	101	1	a.	a.	PROPN
cjal-3258	101	2	historical	historical	ADJ
cjal-3258	101	3	background	background	NOUN
cjal-3258	101	4	one	one	PRON
cjal-3258	101	5	must	must	AUX
cjal-3258	101	6	go	go	VERB
cjal-3258	101	7	back	back	ADV
cjal-3258	101	8	in	in	ADP
cjal-3258	101	9	history	history	NOUN
cjal-3258	101	10	to	to	PART
cjal-3258	101	11	understand	understand	VERB
cjal-3258	101	12	the	the	DET
cjal-3258	101	13	complexity	complexity	NOUN
cjal-3258	101	14	and	and	CCONJ
cjal-3258	101	15	uniqueness	uniqueness	NOUN
cjal-3258	101	16	of	of	ADP
cjal-3258	101	17	the	the	DET
cjal-3258	101	18	current	current	ADJ
cjal-3258	101	19	split	split	NOUN
cjal-3258	101	20	share	share	NOUN
cjal-3258	101	21	structure	structure	NOUN
cjal-3258	101	22	reform	reform	NOUN
cjal-3258	101	23	in	in	ADP
cjal-3258	101	24	china	china	PROPN
cjal-3258	101	25	.	.	PUNCT
cjal-3258	102	1	since	since	SCONJ
cjal-3258	102	2	the	the	DET
cjal-3258	102	3	first	first	ADJ
cjal-3258	102	4	chinese	chinese	ADJ
cjal-3258	102	5	joint	joint	ADJ
cjal-3258	102	6	stock	stock	NOUN
cjal-3258	102	7	limited	limit	VERB
cjal-3258	102	8	company	company	NOUN
cjal-3258	102	9	was	be	AUX
cjal-3258	102	10	created	create	VERB
cjal-3258	102	11	in	in	ADP
cjal-3258	102	12	july	july	PROPN
cjal-3258	102	13	1984	1984	NUM
cjal-3258	102	14	,	,	PUNCT
cjal-3258	102	15	7	7	NUM
cjal-3258	102	16	shares	share	NOUN
cjal-3258	102	17	have	have	AUX
cjal-3258	102	18	been	be	AUX
cjal-3258	102	19	classified	classify	VERB
cjal-3258	102	20	by	by	ADP
cjal-3258	102	21	type	type	NOUN
cjal-3258	102	22	.	.	PUNCT
cjal-3258	103	1	the	the	DET
cjal-3258	103	2	provisional	provisional	ADJ
cjal-3258	103	3	measures	measure	NOUN
cjal-3258	103	4	on	on	ADP
cjal-3258	103	5	the	the	DET
cjal-3258	103	6	issuance	issuance	NOUN
cjal-3258	103	7	of	of	ADP
cjal-3258	103	8	shares	share	NOUN
cjal-3258	103	9	,	,	PUNCT
cjal-3258	103	10	issued	issue	VERB
cjal-3258	103	11	in	in	ADP
cjal-3258	103	12	july	july	PROPN
cjal-3258	103	13	1984	1984	NUM
cjal-3258	103	14	by	by	ADP
cjal-3258	103	15	the	the	DET
cjal-3258	103	16	shanghai	shanghai	PROPN
cjal-3258	103	17	branch	branch	PROPN
cjal-3258	103	18	of	of	ADP
cjal-3258	103	19	the	the	DET
cjal-3258	103	20	people	people	NOUN
cjal-3258	103	21	's	's	PART
cjal-3258	103	22	bank	bank	PROPN
cjal-3258	103	23	of	of	ADP
cjal-3258	103	24	china	china	PROPN
cjal-3258	103	25	,	,	PUNCT
cjal-3258	103	26	classified	classify	VERB
cjal-3258	103	27	the	the	DET
cjal-3258	103	28	shares	share	NOUN
cjal-3258	103	29	into	into	ADP
cjal-3258	103	30	two	two	NUM
cjal-3258	103	31	categories	category	NOUN
cjal-3258	103	32	:	:	PUNCT
cjal-3258	103	33	collective	collective	ADJ
cjal-3258	103	34	shares	share	NOUN
cjal-3258	103	35	and	and	CCONJ
cjal-3258	103	36	individual	individual	ADJ
cjal-3258	103	37	shares	share	NOUN
cjal-3258	103	38	.	.	PUNCT
cjal-3258	104	1	8	8	NUM
cjal-3258	105	1	the	the	DET
cjal-3258	105	2	collective	collective	ADJ
cjal-3258	105	3	shares	share	NOUN
cjal-3258	105	4	were	be	AUX
cjal-3258	105	5	issued	issue	VERB
cjal-3258	105	6	to	to	ADP
cjal-3258	105	7	the	the	DET
cjal-3258	105	8	state	state	NOUN
cjal-3258	105	9	,	,	PUNCT
cjal-3258	105	10	collectives	collective	NOUN
cjal-3258	105	11	,	,	PUNCT
cjal-3258	105	12	village	village	NOUN
cjal-3258	105	13	enterprises	enterprise	NOUN
cjal-3258	105	14	and	and	CCONJ
cjal-3258	105	15	agricultural	agricultural	ADJ
cjal-3258	105	16	production	production	NOUN
cjal-3258	105	17	teams	team	NOUN
cjal-3258	105	18	.	.	PUNCT
cjal-3258	106	1	individual	individual	ADJ
cjal-3258	106	2	shares	share	NOUN
cjal-3258	106	3	were	be	AUX
cjal-3258	106	4	issued	issue	VERB
cjal-3258	106	5	to	to	ADP
cjal-3258	106	6	workers	worker	NOUN
cjal-3258	106	7	,	,	PUNCT
cjal-3258	106	8	residents	resident	NOUN
cjal-3258	106	9	,	,	PUNCT
cjal-3258	106	10	community	community	NOUN
cjal-3258	106	11	members	member	NOUN
cjal-3258	106	12	and	and	CCONJ
cjal-3258	106	13	their	their	PRON
cjal-3258	106	14	families	family	NOUN
cjal-3258	106	15	.	.	PUNCT
cjal-3258	107	1	when	when	SCONJ
cjal-3258	107	2	the	the	DET
cjal-3258	107	3	chinese	chinese	ADJ
cjal-3258	107	4	stock	stock	NOUN
cjal-3258	107	5	exchanges	exchange	NOUN
cjal-3258	107	6	were	be	AUX
cjal-3258	107	7	first	first	ADV
cjal-3258	107	8	set	set	VERB
cjal-3258	107	9	up	up	ADP
cjal-3258	107	10	in	in	ADP
cjal-3258	107	11	shanghai	shanghai	PROPN
cjal-3258	107	12	and	and	CCONJ
cjal-3258	107	13	shenzhen	shenzhen	PROPN
cjal-3258	107	14	in	in	ADP
cjal-3258	107	15	december	december	PROPN
cjal-3258	107	16	1990	1990	NUM
cjal-3258	107	17	,	,	PUNCT
cjal-3258	107	18	9	9	NUM
cjal-3258	107	19	the	the	DET
cjal-3258	107	20	shares	share	NOUN
cjal-3258	107	21	were	be	AUX
cjal-3258	107	22	classified	classify	VERB
cjal-3258	107	23	into	into	ADP
cjal-3258	107	24	state	state	NOUN
cjal-3258	107	25	shares	share	NOUN
cjal-3258	107	26	,	,	PUNCT
cjal-3258	107	27	legal	legal	ADJ
cjal-3258	107	28	person	person	NOUN
cjal-3258	107	29	shares	share	NOUN
cjal-3258	107	30	,	,	PUNCT
cjal-3258	107	31	individual	individual	ADJ
cjal-3258	107	32	shares	share	NOUN
cjal-3258	107	33	and	and	CCONJ
cjal-3258	107	34	special	special	ADJ
cjal-3258	107	35	shares	share	NOUN
cjal-3258	107	36	in	in	ADP
cjal-3258	107	37	accordance	accordance	NOUN
cjal-3258	107	38	with	with	ADP
cjal-3258	107	39	their	their	PRON
cjal-3258	107	40	ownership	ownership	NOUN
cjal-3258	107	41	.	.	PUNCT
cjal-3258	107	42	'	'	PUNCT
cjal-3258	108	1	0	0	NUM
cjal-3258	108	2	'	'	PUNCT
cjal-3258	109	1	[	[	X
cjal-3258	109	2	11	11	NUM
cjal-3258	109	3	ft	ft	NOUN
cjal-3258	109	4	[	[	X
cjal-3258	109	5	practical	practical	ADJ
cjal-3258	109	6	operation	operation	NOUN
cjal-3258	109	7	of	of	ADP
cjal-3258	109	8	split	split	ADJ
cjal-3258	109	9	share	share	NOUN
cjal-3258	109	10	structure	structure	NOUN
cjal-3258	109	11	reform	reform	NOUN
cjal-3258	109	12	and	and	CCONJ
cjal-3258	109	13	post	post	ADJ
cjal-3258	109	14	-	-	ADJ
cjal-3258	109	15	split	split	ADJ
cjal-3258	109	16	share	share	NOUN
cjal-3258	109	17	structure	structure	NOUN
cjal-3258	109	18	]	]	PUNCT
cjal-3258	109	19	8	8	NUM
cjal-3258	109	20	(	(	PUNCT
cjal-3258	109	21	fq%	fq%	PROPN
cjal-3258	109	22	t1	t1	NOUN
cjal-3258	109	23	#	#	NOUN
cjal-3258	109	24	.	.	PUNCT
cjal-3258	110	1	[	[	X
cjal-3258	110	2	he	he	PRON
cjal-3258	110	3	ru	ru	VERB
cjal-3258	110	4	ed	ed	NOUN
cjal-3258	110	5	.	.	PROPN
cjal-3258	110	6	]	]	X
cjal-3258	110	7	,	,	PUNCT
cjal-3258	110	8	2006	2006	NUM
cjal-3258	110	9	)	)	PUNCT
cjal-3258	111	1	[	[	X
cjal-3258	111	2	hereinafter	hereinafter	NOUN
cjal-3258	111	3	he	he	PRON
cjal-3258	111	4	]	]	X
cjal-3258	111	5	.	.	PUNCT
cjal-3258	112	1	8	8	NUM
cjal-3258	112	2	tfilflffil)-,m	tfilflffil)-,m	NOUN
cjal-3258	112	3	[	[	X
cjal-3258	112	4	provisional	provisional	ADJ
cjal-3258	112	5	measures	measure	NOUN
cjal-3258	112	6	on	on	ADP
cjal-3258	112	7	the	the	DET
cjal-3258	112	8	issuance	issuance	NOUN
cjal-3258	112	9	of	of	ADP
cjal-3258	112	10	share	share	NOUN
cjal-3258	112	11	]	]	PUNCT
cjal-3258	112	12	(	(	PUNCT
cjal-3258	112	13	promulgated	promulgate	VERB
cjal-3258	112	14	by	by	ADP
cjal-3258	112	15	standing	standing	NOUN
cjal-3258	112	16	comm	comm	NOUN
cjal-3258	112	17	.	.	PUNCT
cjal-3258	113	1	people	people	NOUN
cjal-3258	113	2	's	's	PART
cjal-3258	113	3	cong	cong	NOUN
cjal-3258	113	4	.	.	PROPN
cjal-3258	113	5	,	,	PUNCT
cjal-3258	113	6	shanghai	shanghai	PROPN
cjal-3258	113	7	mun	mun	PROPN
cjal-3258	113	8	.	.	PROPN
cjal-3258	113	9	,	,	PUNCT
cjal-3258	113	10	aug	aug	PROPN
cjal-3258	113	11	.	.	PROPN
cjal-3258	113	12	10	10	NUM
cjal-3258	113	13	,	,	PUNCT
cjal-3258	113	14	1984	1984	NUM
cjal-3258	113	15	,	,	PUNCT
cjal-3258	113	16	effective	effective	ADJ
cjal-3258	113	17	aug	aug	PROPN
cjal-3258	113	18	.	.	PROPN
cjal-3258	113	19	10	10	NUM
cjal-3258	113	20	,	,	PUNCT
cjal-3258	113	21	1984	1984	NUM
cjal-3258	113	22	,	,	PUNCT
cjal-3258	113	23	repealed	repeal	VERB
cjal-3258	113	24	1987	1987	NUM
cjal-3258	113	25	)	)	PUNCT
cjal-3258	113	26	,	,	PUNCT
cjal-3258	113	27	§	§	PROPN
cjal-3258	113	28	2	2	NUM
cjal-3258	113	29	,	,	PUNCT
cjal-3258	113	30	available	available	ADJ
cjal-3258	113	31	at	at	ADP
cjal-3258	113	32	http://www.law999.net/law/doc/doo3/1984/08/10/00049183.html	http://www.law999.net/law/doc/doo3/1984/08/10/00049183.html	PROPN
cjal-3258	113	33	(	(	PUNCT
cjal-3258	113	34	last	last	ADV
cjal-3258	113	35	visited	visit	VERB
cjal-3258	113	36	oct	oct	PROPN
cjal-3258	113	37	.	.	PROPN
cjal-3258	113	38	31	31	NUM
cjal-3258	113	39	,	,	PUNCT
cjal-3258	113	40	2006	2006	NUM
cjal-3258	113	41	)	)	PUNCT
cjal-3258	113	42	.	.	PUNCT
cjal-3258	114	1	9	9	NUM
cjal-3258	114	2	yuwa	yuwa	PROPN
cjal-3258	114	3	wei	wei	PROPN
cjal-3258	114	4	,	,	PUNCT
cjal-3258	114	5	the	the	DET
cjal-3258	114	6	development	development	NOUN
cjal-3258	114	7	of	of	ADP
cjal-3258	114	8	the	the	DET
cjal-3258	114	9	securities	security	NOUN
cjal-3258	114	10	market	market	NOUN
cjal-3258	114	11	and	and	CCONJ
cjal-3258	114	12	regulation	regulation	NOUN
cjal-3258	114	13	in	in	ADP
cjal-3258	114	14	china	china	PROPN
cjal-3258	114	15	,	,	PUNCT
cjal-3258	114	16	27	27	NUM
cjal-3258	114	17	loy	loy	PROPN
cjal-3258	114	18	.	.	PUNCT
cjal-3258	115	1	l.a	l.a	PROPN
cjal-3258	115	2	.	.	PROPN
cjal-3258	115	3	int'l	int'l	PROPN
cjal-3258	115	4	&	&	CCONJ
cjal-3258	115	5	comp	comp	PROPN
cjal-3258	115	6	.	.	PUNCT
cjal-3258	116	1	l.	l.	PROPN
cjal-3258	116	2	rev	rev	PROPN
cjal-3258	116	3	.	.	PROPN
cjal-3258	116	4	479	479	NUM
cjal-3258	116	5	,	,	PUNCT
cjal-3258	116	6	488	488	NUM
cjal-3258	116	7	(	(	PUNCT
cjal-3258	116	8	2005	2005	NUM
cjal-3258	116	9	)	)	PUNCT
cjal-3258	116	10	.	.	PUNCT
cjal-3258	117	1	10	10	NUM
cjal-3258	117	2	rv1[-m}ov	rv1[-m}ov	NOUN
cjal-3258	117	3	,	,	PUNCT
cjal-3258	117	4	,	,	PUNCT
cjal-3258	117	5	[	[	X
cjal-3258	117	6	provisional	provisional	ADJ
cjal-3258	117	7	measures	measure	NOUN
cjal-3258	117	8	of	of	ADP
cjal-3258	117	9	shenzhen	shenzhen	PROPN
cjal-3258	117	10	municipality	municipality	PROPN
cjal-3258	117	11	for	for	ADP
cjal-3258	117	12	administration	administration	NOUN
cjal-3258	117	13	of	of	ADP
cjal-3258	117	14	the	the	DET
cjal-3258	117	15	issue	issue	NOUN
cjal-3258	117	16	and	and	CCONJ
cjal-3258	117	17	trading	trading	NOUN
cjal-3258	117	18	of	of	ADP
cjal-3258	117	19	shares	share	NOUN
cjal-3258	117	20	]	]	PUNCT
cjal-3258	117	21	(	(	PUNCT
cjal-3258	117	22	promulgated	promulgate	VERB
cjal-3258	117	23	by	by	ADP
cjal-3258	117	24	the	the	DET
cjal-3258	117	25	standing	standing	NOUN
cjal-3258	117	26	comm	comm	NOUN
cjal-3258	117	27	.	.	PUNCT
cjal-3258	118	1	people	people	NOUN
cjal-3258	118	2	's	's	PART
cjal-3258	118	3	cong	cong	NOUN
cjal-3258	118	4	.	.	PROPN
cjal-3258	118	5	,	,	PUNCT
cjal-3258	118	6	shenzhen	shenzhen	PROPN
cjal-3258	118	7	mun	mun	PROPN
cjal-3258	118	8	.	.	PROPN
cjal-3258	118	9	,	,	PUNCT
cjal-3258	118	10	may	may	AUX
cjal-3258	118	11	15	15	NUM
cjal-3258	118	12	,	,	PUNCT
cjal-3258	118	13	1991	1991	NUM
cjal-3258	118	14	,	,	PUNCT
cjal-3258	118	15	effective	effective	ADJ
cjal-3258	118	16	june	june	PROPN
cjal-3258	118	17	15	15	NUM
cjal-3258	118	18	,	,	PUNCT
cjal-3258	118	19	1991	1991	NUM
cjal-3258	118	20	)	)	PUNCT
cjal-3258	118	21	,	,	PUNCT
cjal-3258	118	22	§	§	PROPN
cjal-3258	118	23	33	33	NUM
cjal-3258	118	24	,	,	PUNCT
cjal-3258	118	25	translated	translate	VERB
cjal-3258	118	26	in	in	ADP
cjal-3258	118	27	chinalawinfo	chinalawinfo	NOUN
cjal-3258	118	28	(	(	PUNCT
cjal-3258	118	29	lexis	lexis	NOUN
cjal-3258	118	30	)	)	PUNCT
cjal-3258	118	31	prcleg	prcleg	NOUN
cjal-3258	118	32	591	591	NUM
cjal-3258	118	33	.	.	PUNCT
cjal-3258	119	1	special	special	ADJ
cjal-3258	119	2	shares	share	NOUN
cjal-3258	119	3	are	be	AUX
cjal-3258	119	4	shares	share	NOUN
cjal-3258	119	5	issued	issue	VERB
cjal-3258	119	6	to	to	ADP
cjal-3258	119	7	foreign	foreign	ADJ
cjal-3258	119	8	governments	government	NOUN
cjal-3258	119	9	,	,	PUNCT
cjal-3258	119	10	legal	legal	ADJ
cjal-3258	119	11	persons	person	NOUN
cjal-3258	119	12	and	and	CCONJ
cjal-3258	119	13	individuals	individual	NOUN
cjal-3258	119	14	.	.	PUNCT
cjal-3258	120	1	3032006	3032006	NUM
cjal-3258	120	2	]	]	PUNCT
cjal-3258	120	3	columbia	columbia	PROPN
cjal-3258	120	4	journal	journal	PROPN
cjal-3258	120	5	of	of	ADP
cjal-3258	120	6	asian	asian	ADJ
cjal-3258	120	7	law	law	NOUN
cjal-3258	120	8	with	with	ADP
cjal-3258	120	9	the	the	DET
cjal-3258	120	10	exception	exception	NOUN
cjal-3258	120	11	of	of	ADP
cjal-3258	120	12	renaming	rename	VERB
cjal-3258	120	13	special	special	ADJ
cjal-3258	120	14	shares	share	NOUN
cjal-3258	120	15	as	as	ADP
cjal-3258	120	16	foreign	foreign	ADJ
cjal-3258	120	17	investor	investor	NOUN
cjal-3258	120	18	shares	share	NOUN
cjal-3258	120	19	,	,	PUNCT
cjal-3258	120	20	this	this	DET
cjal-3258	120	21	classification	classification	NOUN
cjal-3258	120	22	scheme	scheme	NOUN
cjal-3258	120	23	was	be	AUX
cjal-3258	120	24	maintained	maintain	VERB
cjal-3258	120	25	until	until	ADP
cjal-3258	120	26	recently	recently	ADV
cjal-3258	120	27	.	.	PUNCT
cjal-3258	121	1	1	1	NUM
cjal-3258	121	2	this	this	DET
cjal-3258	121	3	categorization	categorization	NOUN
cjal-3258	121	4	created	create	VERB
cjal-3258	121	5	different	different	ADJ
cjal-3258	121	6	classes	class	NOUN
cjal-3258	121	7	of	of	ADP
cjal-3258	121	8	shares	share	NOUN
cjal-3258	121	9	,	,	PUNCT
cjal-3258	121	10	each	each	PRON
cjal-3258	121	11	having	have	VERB
cjal-3258	121	12	different	different	ADJ
cjal-3258	121	13	rights	right	NOUN
cjal-3258	121	14	.	.	PUNCT
cjal-3258	122	1	shares	share	NOUN
cjal-3258	122	2	were	be	AUX
cjal-3258	122	3	strictly	strictly	ADV
cjal-3258	122	4	forbidden	forbid	VERB
cjal-3258	122	5	from	from	ADP
cjal-3258	122	6	mixing	mix	VERB
cjal-3258	122	7	with	with	ADP
cjal-3258	122	8	shares	share	NOUN
cjal-3258	122	9	of	of	ADP
cjal-3258	122	10	other	other	ADJ
cjal-3258	122	11	categories	category	NOUN
cjal-3258	122	12	,	,	PUNCT
cjal-3258	122	13	12	12	NUM
cjal-3258	122	14	and	and	CCONJ
cjal-3258	122	15	their	their	PRON
cjal-3258	122	16	transfer	transfer	NOUN
cjal-3258	122	17	methods	method	NOUN
cjal-3258	122	18	varied	varied	ADJ
cjal-3258	122	19	in	in	ADP
cjal-3258	122	20	accordance	accordance	NOUN
cjal-3258	122	21	with	with	ADP
cjal-3258	122	22	their	their	PRON
cjal-3258	122	23	category	category	NOUN
cjal-3258	122	24	.	.	PUNCT
cjal-3258	123	1	individual	individual	ADJ
cjal-3258	123	2	shares	share	NOUN
cjal-3258	123	3	(	(	PUNCT
cjal-3258	123	4	also	also	ADV
cjal-3258	123	5	known	know	VERB
cjal-3258	123	6	as	as	ADP
cjal-3258	123	7	"	"	PUNCT
cjal-3258	123	8	a	a	DET
cjal-3258	123	9	"	"	PUNCT
cjal-3258	123	10	shares	share	NOUN
cjal-3258	123	11	)	)	PUNCT
cjal-3258	123	12	could	could	AUX
cjal-3258	123	13	only	only	ADV
cjal-3258	123	14	be	be	AUX
cjal-3258	123	15	traded	trade	VERB
cjal-3258	123	16	in	in	ADP
cjal-3258	123	17	the	the	DET
cjal-3258	123	18	stock	stock	NOUN
cjal-3258	123	19	exchange	exchange	NOUN
cjal-3258	123	20	's	's	PART
cjal-3258	123	21	a	a	DET
cjal-3258	123	22	shares	share	NOUN
cjal-3258	123	23	market	market	NOUN
cjal-3258	123	24	;	;	PUNCT
cjal-3258	123	25	the	the	DET
cjal-3258	123	26	foreign	foreign	ADJ
cjal-3258	123	27	investor	investor	NOUN
cjal-3258	123	28	shares	share	NOUN
cjal-3258	123	29	(	(	PUNCT
cjal-3258	123	30	also	also	ADV
cjal-3258	123	31	known	know	VERB
cjal-3258	123	32	as	as	ADP
cjal-3258	123	33	"	"	PUNCT
cjal-3258	123	34	b	b	NOUN
cjal-3258	123	35	"	"	PUNCT
cjal-3258	123	36	shares	share	NOUN
cjal-3258	123	37	)	)	PUNCT
cjal-3258	123	38	could	could	AUX
cjal-3258	123	39	only	only	ADV
cjal-3258	123	40	be	be	AUX
cjal-3258	123	41	traded	trade	VERB
cjal-3258	123	42	in	in	ADP
cjal-3258	123	43	the	the	DET
cjal-3258	123	44	exchange	exchange	NOUN
cjal-3258	123	45	's	's	PART
cjal-3258	123	46	b	b	PROPN
cjal-3258	123	47	shares	share	NOUN
cjal-3258	123	48	market	market	NOUN
cjal-3258	123	49	.	.	PUNCT
cjal-3258	123	50	'	'	PUNCT
cjal-3258	124	1	3	3	NUM
cjal-3258	124	2	cross	cross	NOUN
cjal-3258	124	3	-	-	NOUN
cjal-3258	124	4	trading	trading	NOUN
cjal-3258	124	5	between	between	ADP
cjal-3258	124	6	the	the	DET
cjal-3258	124	7	two	two	NUM
cjal-3258	124	8	markets	market	NOUN
cjal-3258	124	9	was	be	AUX
cjal-3258	124	10	impossible	impossible	ADJ
cjal-3258	124	11	.	.	PUNCT
cjal-3258	125	1	state	state	NOUN
cjal-3258	125	2	shares	share	NOUN
cjal-3258	125	3	and	and	CCONJ
cjal-3258	125	4	legal	legal	ADJ
cjal-3258	125	5	person	person	NOUN
cjal-3258	125	6	shares	share	NOUN
cjal-3258	125	7	,	,	PUNCT
cjal-3258	125	8	on	on	ADP
cjal-3258	125	9	the	the	DET
cjal-3258	125	10	other	other	ADJ
cjal-3258	125	11	hand	hand	NOUN
cjal-3258	125	12	,	,	PUNCT
cjal-3258	125	13	were	be	AUX
cjal-3258	125	14	prohibited	prohibit	VERB
cjal-3258	125	15	from	from	ADP
cjal-3258	125	16	trading	trade	VERB
cjal-3258	125	17	on	on	ADP
cjal-3258	125	18	stock	stock	NOUN
cjal-3258	125	19	exchanges	exchange	NOUN
cjal-3258	125	20	.	.	PUNCT
cjal-3258	126	1	14	14	NUM
cjal-3258	126	2	consistent	consistent	ADJ
cjal-3258	126	3	with	with	ADP
cjal-3258	126	4	the	the	DET
cjal-3258	126	5	sacred	sacred	ADJ
cjal-3258	126	6	nature	nature	NOUN
cjal-3258	126	7	of	of	ADP
cjal-3258	126	8	state	state	NOUN
cjal-3258	126	9	-	-	PUNCT
cjal-3258	126	10	owned	own	VERB
cjal-3258	126	11	property	property	NOUN
cjal-3258	126	12	in	in	ADP
cjal-3258	126	13	the	the	DET
cjal-3258	126	14	socialist	socialist	ADJ
cjal-3258	126	15	economy	economy	NOUN
cjal-3258	126	16	as	as	SCONJ
cjal-3258	126	17	enshrined	enshrine	VERB
cjal-3258	126	18	in	in	ADP
cjal-3258	126	19	the	the	DET
cjal-3258	126	20	chinese	chinese	ADJ
cjal-3258	126	21	constitution	constitution	NOUN
cjal-3258	126	22	,	,	PUNCT
cjal-3258	126	23	15	15	NUM
cjal-3258	126	24	state	state	NOUN
cjal-3258	126	25	shares	share	NOUN
cjal-3258	126	26	were	be	AUX
cjal-3258	126	27	also	also	ADV
cjal-3258	126	28	subject	subject	ADJ
cjal-3258	126	29	to	to	ADP
cjal-3258	126	30	many	many	ADJ
cjal-3258	126	31	additional	additional	ADJ
cjal-3258	126	32	transfer	transfer	NOUN
cjal-3258	126	33	restrictions	restriction	NOUN
cjal-3258	126	34	.	.	PUNCT
cjal-3258	126	35	'	'	PUNCT
cjal-3258	127	1	6	6	NUM
cjal-3258	127	2	there	there	PRON
cjal-3258	127	3	were	be	VERB
cjal-3258	127	4	attempts	attempt	NOUN
cjal-3258	127	5	at	at	ADP
cjal-3258	127	6	the	the	DET
cjal-3258	127	7	initial	initial	ADJ
cjal-3258	127	8	development	development	NOUN
cjal-3258	127	9	phase	phase	NOUN
cjal-3258	127	10	of	of	ADP
cjal-3258	127	11	the	the	DET
cjal-3258	127	12	chinese	chinese	ADJ
cjal-3258	127	13	stock	stock	NOUN
cjal-3258	127	14	markets	market	NOUN
cjal-3258	127	15	to	to	PART
cjal-3258	127	16	allow	allow	VERB
cjal-3258	127	17	the	the	DET
cjal-3258	127	18	legal	legal	ADJ
cjal-3258	127	19	person	person	NOUN
cjal-3258	127	20	shares	share	VERB
cjal-3258	127	21	to	to	PART
cjal-3258	127	22	be	be	AUX
cjal-3258	127	23	traded	trade	VERB
cjal-3258	127	24	on	on	ADP
cjal-3258	127	25	the	the	DET
cjal-3258	127	26	stock	stock	NOUN
cjal-3258	127	27	exchanges	exchange	NOUN
cjal-3258	127	28	.	.	PUNCT
cjal-3258	128	1	however	however	ADV
cjal-3258	128	2	,	,	PUNCT
cjal-3258	128	3	due	due	ADP
cjal-3258	128	4	to	to	ADP
cjal-3258	128	5	excessive	excessive	ADJ
cjal-3258	128	6	demand	demand	NOUN
cjal-3258	128	7	,	,	PUNCT
cjal-3258	128	8	followed	follow	VERB
cjal-3258	128	9	by	by	ADP
cjal-3258	128	10	hyperactive	hyperactive	ADJ
cjal-3258	128	11	markets	market	NOUN
cjal-3258	128	12	and	and	CCONJ
cjal-3258	128	13	consequent	consequent	ADJ
cjal-3258	128	14	political	political	ADJ
cjal-3258	128	15	concerns	concern	NOUN
cjal-3258	128	16	,	,	PUNCT
cjal-3258	128	17	these	these	DET
cjal-3258	128	18	measures	measure	NOUN
cjal-3258	128	19	were	be	AUX
cjal-3258	128	20	abruptly	abruptly	ADV
cjal-3258	128	21	halted	halt	VERB
cjal-3258	128	22	and	and	CCONJ
cjal-3258	128	23	suspended	suspend	VERB
cjal-3258	128	24	indefinitely.17	indefinitely.17	NOUN
cjal-3258	128	25	all	all	DET
cjal-3258	128	26	these	these	DET
cjal-3258	128	27	factors	factor	NOUN
cjal-3258	128	28	resulted	result	VERB
cjal-3258	128	29	in	in	ADP
cjal-3258	128	30	entrenchment	entrenchment	NOUN
cjal-3258	128	31	of	of	ADP
cjal-3258	128	32	the	the	DET
cjal-3258	128	33	split	split	ADJ
cjal-3258	128	34	share	share	NOUN
cjal-3258	128	35	structure	structure	NOUN
cjal-3258	128	36	of	of	ADP
cjal-3258	128	37	china	china	PROPN
cjal-3258	128	38	's	's	PART
cjal-3258	128	39	domestic	domestic	ADJ
cjal-3258	128	40	stock	stock	NOUN
cjal-3258	128	41	market	market	NOUN
cjal-3258	128	42	:	:	PUNCT
cjal-3258	128	43	on	on	ADP
cjal-3258	128	44	one	one	NUM
cjal-3258	128	45	side	side	NOUN
cjal-3258	128	46	,	,	PUNCT
cjal-3258	128	47	non	non	ADJ
cjal-3258	128	48	-	-	ADJ
cjal-3258	128	49	tradable	tradable	ADJ
cjal-3258	128	50	shares	share	NOUN
cjal-3258	128	51	consisted	consist	VERB
cjal-3258	128	52	of	of	ADP
cjal-3258	128	53	legal	legal	ADJ
cjal-3258	128	54	person	person	NOUN
cjal-3258	128	55	shares	share	NOUN
cjal-3258	128	56	and	and	CCONJ
cjal-3258	128	57	state	state	NOUN
cjal-3258	128	58	shares	share	NOUN
cjal-3258	128	59	;	;	PUNCT
cjal-3258	128	60	and	and	CCONJ
cjal-3258	128	61	on	on	ADP
cjal-3258	128	62	the	the	DET
cjal-3258	128	63	other	other	ADJ
cjal-3258	128	64	,	,	PUNCT
cjal-3258	128	65	tradable	tradable	ADJ
cjal-3258	128	66	shares	share	NOUN
cjal-3258	128	67	consisted	consist	VERB
cjal-3258	128	68	of	of	ADP
cjal-3258	128	69	a	a	DET
cjal-3258	128	70	shares.18	shares.18	NOUN
cjal-3258	128	71	the	the	DET
cjal-3258	128	72	classification	classification	NOUN
cjal-3258	128	73	of	of	ADP
cjal-3258	128	74	shares	share	NOUN
cjal-3258	128	75	based	base	VERB
cjal-3258	128	76	on	on	ADP
cjal-3258	128	77	ownership	ownership	NOUN
cjal-3258	128	78	is	be	AUX
cjal-3258	128	79	a	a	DET
cjal-3258	128	80	phenomenon	phenomenon	NOUN
cjal-3258	128	81	unique	unique	ADJ
cjal-3258	128	82	to	to	ADP
cjal-3258	128	83	china	china	PROPN
cjal-3258	128	84	and	and	CCONJ
cjal-3258	128	85	is	be	AUX
cjal-3258	128	86	not	not	PART
cjal-3258	128	87	found	find	VERB
cjal-3258	128	88	in	in	ADP
cjal-3258	128	89	other	other	ADJ
cjal-3258	128	90	stock	stock	NOUN
cjal-3258	128	91	markets	market	NOUN
cjal-3258	128	92	.	.	PUNCT
cjal-3258	129	1	nevertheless	nevertheless	ADV
cjal-3258	129	2	,	,	PUNCT
cjal-3258	129	3	this	this	DET
cjal-3258	129	4	classification	classification	NOUN
cjal-3258	129	5	must	must	AUX
cjal-3258	129	6	be	be	AUX
cjal-3258	129	7	understood	understand	VERB
cjal-3258	129	8	in	in	ADP
cjal-3258	129	9	the	the	DET
cjal-3258	129	10	context	context	NOUN
cjal-3258	129	11	of	of	ADP
cjal-3258	129	12	china	china	PROPN
cjal-3258	129	13	's	's	PART
cjal-3258	129	14	transition	transition	NOUN
cjal-3258	129	15	1	1	NUM
cjal-3258	129	16	t	t	NOUN
cjal-3258	129	17	[	[	X
cjal-3258	129	18	trial	trial	NOUN
cjal-3258	129	19	measures	measure	NOUN
cjal-3258	129	20	on	on	ADP
cjal-3258	129	21	share	share	NOUN
cjal-3258	129	22	-	-	PUNCT
cjal-3258	129	23	formulated	formulate	VERB
cjal-3258	129	24	enterprises	enterprise	NOUN
cjal-3258	129	25	]	]	PUNCT
cjal-3258	129	26	(	(	PUNCT
cjal-3258	129	27	promulgated	promulgate	VERB
cjal-3258	129	28	by	by	ADP
cjal-3258	129	29	the	the	DET
cjal-3258	129	30	former	former	ADJ
cjal-3258	129	31	st	st	PROPN
cjal-3258	129	32	.	.	PROPN
cjal-3258	129	33	council	council	PROPN
cjal-3258	129	34	nat'l	nat'l	PROPN
cjal-3258	129	35	development	development	NOUN
cjal-3258	129	36	and	and	CCONJ
cjal-3258	129	37	reform	reform	NOUN
cjal-3258	129	38	comm	comm	NOUN
cjal-3258	129	39	.	.	PUNCT
cjal-3258	130	1	,	,	PUNCT
cjal-3258	130	2	may	may	AUX
cjal-3258	130	3	15	15	NUM
cjal-3258	130	4	,	,	PUNCT
cjal-3258	130	5	1992	1992	NUM
cjal-3258	130	6	,	,	PUNCT
cjal-3258	130	7	effective	effective	ADJ
cjal-3258	130	8	may	may	PROPN
cjal-3258	130	9	15	15	NUM
cjal-3258	130	10	,	,	PUNCT
cjal-3258	130	11	1992	1992	NUM
cjal-3258	130	12	)	)	PUNCT
cjal-3258	130	13	,	,	PUNCT
cjal-3258	130	14	1992	1992	NUM
cjal-3258	130	15	[	[	PUNCT
cjal-3258	130	16	*	*	PUNCT
cjal-3258	130	17	r	r	NOUN
cjal-3258	130	18	at	at	ADP
cjal-3258	130	19	[	[	X
cjal-3258	130	20	st	st	PROPN
cjal-3258	130	21	.	.	PROPN
cjal-3258	130	22	council	council	PROPN
cjal-3258	130	23	gaz	gaz	PROPN
cjal-3258	130	24	.	.	PROPN
cjal-3258	130	25	]	]	PUNCT
cjal-3258	131	1	549	549	NUM
cjal-3258	131	2	,	,	PUNCT
cjal-3258	131	3	§	§	PROPN
cjal-3258	131	4	4	4	NUM
cjal-3258	131	5	.	.	NOUN
cjal-3258	131	6	12	12	NUM
cjal-3258	131	7	he	he	PRON
cjal-3258	131	8	,	,	PUNCT
cjal-3258	131	9	supra	supra	PROPN
cjal-3258	131	10	note	note	PROPN
cjal-3258	131	11	7	7	NUM
cjal-3258	131	12	,	,	PUNCT
cjal-3258	131	13	at	at	ADP
cjal-3258	131	14	9	9	NUM
cjal-3258	131	15	.	.	SYM
cjal-3258	131	16	13	13	NUM
cjal-3258	131	17	william	william	PROPN
cjal-3258	131	18	i.	i.	PROPN
cjal-3258	131	19	friedman	friedman	PROPN
cjal-3258	131	20	,	,	PUNCT
cjal-3258	131	21	one	one	NUM
cjal-3258	131	22	country	country	NOUN
cjal-3258	131	23	,	,	PUNCT
cjal-3258	131	24	two	two	NUM
cjal-3258	131	25	systems	system	NOUN
cjal-3258	131	26	:	:	PUNCT
cjal-3258	131	27	the	the	DET
cjal-3258	131	28	inherent	inherent	ADJ
cjal-3258	131	29	conflict	conflict	NOUN
cjal-3258	131	30	between	between	ADP
cjal-3258	131	31	china	china	PROPN
cjal-3258	131	32	s	s	PART
cjal-3258	131	33	communist	communist	ADJ
cjal-3258	131	34	politics	politic	NOUN
cjal-3258	131	35	and	and	CCONJ
cjal-3258	131	36	capitalist	capitalist	ADJ
cjal-3258	131	37	securities	security	NOUN
cjal-3258	131	38	market	market	NOUN
cjal-3258	131	39	,	,	PUNCT
cjal-3258	131	40	27	27	NUM
cjal-3258	131	41	brook	brook	NOUN
cjal-3258	131	42	.	.	PUNCT
cjal-3258	132	1	j.	j.	PROPN
cjal-3258	132	2	int'l	int'l	PROPN
cjal-3258	132	3	l.	l.	PROPN
cjal-3258	132	4	477	477	NUM
cjal-3258	132	5	,	,	PUNCT
cjal-3258	132	6	496	496	NUM
cjal-3258	132	7	(	(	PUNCT
cjal-3258	132	8	2002	2002	NUM
cjal-3258	132	9	)	)	PUNCT
cjal-3258	132	10	.	.	PUNCT
cjal-3258	133	1	'	'	PUNCT
cjal-3258	133	2	4	4	NUM
cjal-3258	133	3	1d	1d	NUM
cjal-3258	133	4	.	.	PUNCT
cjal-3258	134	1	"	"	PUNCT
cjal-3258	134	2	s	s	VERB
cjal-3258	134	3	3p,8	3p,8	NUM
cjal-3258	134	4	[	[	X
cjal-3258	134	5	constitution	constitution	X
cjal-3258	134	6	]	]	X
cjal-3258	134	7	art	art	NOUN
cjal-3258	134	8	.	.	PUNCT
cjal-3258	135	1	12	12	NUM
cjal-3258	135	2	(	(	PUNCT
cjal-3258	135	3	2004	2004	NUM
cjal-3258	135	4	)	)	PUNCT
cjal-3258	135	5	.	.	PUNCT
cjal-3258	136	1	16	16	NUM
cjal-3258	136	2	see	see	VERB
cjal-3258	136	3	,	,	PUNCT
cjal-3258	136	4	e.g.	e.g.	ADV
cjal-3258	136	5	,	,	PUNCT
cjal-3258	136	6	n	n	ADV
cjal-3258	136	7	hi	hi	INTJ
cjal-3258	137	1	if	if	SCONJ
cjal-3258	137	2	w	w	NOUN
cjal-3258	137	3	if	if	SCONJ
cjal-3258	137	4	o]f	o]f	PROPN
cjal-3258	137	5	3	3	NUM
cjal-3258	137	6	m	m	NOUN
cjal-3258	137	7	vi	vi	NOUN
cjal-3258	137	8	*	*	PUNCT
cjal-3258	137	9	f	f	PROPN
cjal-3258	137	10	8[provisional	8[provisional	ADJ
cjal-3258	137	11	measures	measure	NOUN
cjal-3258	137	12	for	for	ADP
cjal-3258	137	13	state	state	NOUN
cjal-3258	137	14	shares	share	NOUN
cjal-3258	137	15	management	management	NOUN
cjal-3258	137	16	in	in	ADP
cjal-3258	137	17	limited	limited	ADJ
cjal-3258	137	18	stock	stock	NOUN
cjal-3258	137	19	company	company	NOUN
cjal-3258	137	20	]	]	PUNCT
cjal-3258	137	21	(	(	PUNCT
cjal-3258	137	22	promulgated	promulgate	VERB
cjal-3258	137	23	by	by	ADP
cjal-3258	137	24	st	st	PROPN
cjal-3258	137	25	.	.	PROPN
cjal-3258	137	26	council	council	PROPN
cjal-3258	137	27	econ	econ	PROPN
cjal-3258	137	28	.	.	PUNCT
cjal-3258	138	1	reform	reform	NOUN
cjal-3258	138	2	comm	comm	NOUN
cjal-3258	138	3	.	.	PUNCT
cjal-3258	138	4	,	,	PUNCT
cjal-3258	138	5	nov	nov	PROPN
cjal-3258	138	6	.	.	PROPN
cjal-3258	138	7	3	3	NUM
cjal-3258	138	8	,	,	PUNCT
cjal-3258	138	9	1994	1994	NUM
cjal-3258	138	10	,	,	PUNCT
cjal-3258	138	11	effective	effective	ADJ
cjal-3258	138	12	nov	nov	PROPN
cjal-3258	138	13	.	.	PROPN
cjal-3258	138	14	3	3	NUM
cjal-3258	138	15	,	,	PUNCT
cjal-3258	138	16	1994	1994	NUM
cjal-3258	138	17	)	)	PUNCT
cjal-3258	138	18	,	,	PUNCT
cjal-3258	138	19	§	§	PROPN
cjal-3258	138	20	29	29	NUM
cjal-3258	138	21	,	,	PUNCT
cjal-3258	138	22	available	available	ADJ
cjal-3258	138	23	at	at	ADP
cjal-3258	138	24	http:/law.chinalawinfo.com	http:/law.chinalawinfo.com	PROPN
cjal-3258	138	25	/	/	SYM
cjal-3258	138	26	newlaw2002	newlaw2002	PROPN
cjal-3258	138	27	/	/	SYM
cjal-3258	138	28	slc	slc	PROPN
cjal-3258	138	29	/	/	SYM
cjal-3258	138	30	slc.asp?db	slc.asp?db	NOUN
cjal-3258	138	31	=	=	VERB
cjal-3258	138	32	chl&gid=10591	chl&gid=10591	X
cjal-3258	138	33	(	(	PUNCT
cjal-3258	138	34	last	last	ADV
cjal-3258	138	35	visited	visit	VERB
cjal-3258	138	36	oct	oct	PROPN
cjal-3258	138	37	.	.	PROPN
cjal-3258	138	38	31	31	NUM
cjal-3258	138	39	,	,	PUNCT
cjal-3258	138	40	2006	2006	NUM
cjal-3258	138	41	)	)	PUNCT
cjal-3258	139	1	[	[	X
cjal-3258	139	2	hereinafter	hereinafter	NOUN
cjal-3258	139	3	provisional	provisional	ADJ
cjal-3258	139	4	measures	measure	NOUN
cjal-3258	139	5	]	]	PUNCT
cjal-3258	139	6	.	.	PUNCT
cjal-3258	140	1	17	17	NUM
cjal-3258	140	2	he	he	PRON
cjal-3258	140	3	,	,	PUNCT
cjal-3258	140	4	supra	supra	PROPN
cjal-3258	140	5	note	note	PROPN
cjal-3258	140	6	7	7	NUM
cjal-3258	140	7	,	,	PUNCT
cjal-3258	140	8	at	at	ADP
cjal-3258	140	9	10	10	NUM
cjal-3258	140	10	.	.	PUNCT
cjal-3258	141	1	'	'	NUM
cjal-3258	141	2	8	8	NUM
cjal-3258	141	3	as	as	SCONJ
cjal-3258	141	4	mentioned	mention	VERB
cjal-3258	141	5	earlier	early	ADV
cjal-3258	141	6	,	,	PUNCT
cjal-3258	141	7	b	b	NOUN
cjal-3258	141	8	shares	share	NOUN
cjal-3258	141	9	can	can	AUX
cjal-3258	141	10	only	only	ADV
cjal-3258	141	11	be	be	AUX
cjal-3258	141	12	purchased	purchase	VERB
cjal-3258	141	13	by	by	ADP
cjal-3258	141	14	foreign	foreign	ADJ
cjal-3258	141	15	investors	investor	NOUN
cjal-3258	141	16	and	and	CCONJ
cjal-3258	141	17	hence	hence	ADV
cjal-3258	141	18	are	be	AUX
cjal-3258	141	19	not	not	PART
cjal-3258	141	20	part	part	NOUN
cjal-3258	141	21	of	of	ADP
cjal-3258	141	22	china	china	PROPN
cjal-3258	141	23	's	's	PART
cjal-3258	141	24	domestic	domestic	ADJ
cjal-3258	141	25	stock	stock	NOUN
cjal-3258	141	26	market	market	NOUN
cjal-3258	141	27	.	.	PUNCT
cjal-3258	142	1	in	in	ADP
cjal-3258	142	2	any	any	DET
cjal-3258	142	3	case	case	NOUN
cjal-3258	142	4	,	,	PUNCT
cjal-3258	142	5	b	b	NOUN
cjal-3258	142	6	shares	share	NOUN
cjal-3258	142	7	only	only	ADV
cjal-3258	142	8	make	make	VERB
cjal-3258	142	9	up	up	ADP
cjal-3258	142	10	a	a	DET
cjal-3258	142	11	small	small	ADJ
cjal-3258	142	12	part	part	NOUN
cjal-3258	142	13	of	of	ADP
cjal-3258	142	14	the	the	DET
cjal-3258	142	15	total	total	ADJ
cjal-3258	142	16	equity	equity	NOUN
cjal-3258	142	17	market	market	NOUN
cjal-3258	142	18	,	,	PUNCT
cjal-3258	142	19	comprising	comprise	VERB
cjal-3258	142	20	less	less	ADJ
cjal-3258	142	21	than	than	ADP
cjal-3258	142	22	6	6	NUM
cjal-3258	142	23	%	%	NOUN
cjal-3258	142	24	of	of	ADP
cjal-3258	142	25	all	all	DET
cjal-3258	142	26	shares	share	NOUN
cjal-3258	142	27	since	since	SCONJ
cjal-3258	142	28	1993	1993	NUM
cjal-3258	142	29	and	and	CCONJ
cjal-3258	142	30	hovering	hover	VERB
cjal-3258	142	31	around	around	ADP
cjal-3258	142	32	2	2	NUM
cjal-3258	142	33	%	%	NOUN
cjal-3258	142	34	since	since	SCONJ
cjal-3258	142	35	2001	2001	NUM
cjal-3258	142	36	.	.	PUNCT
cjal-3258	143	1	i	i	PRON
cjal-3258	143	2	d.	d.	PROPN
cjal-3258	143	3	at	at	ADP
cjal-3258	143	4	16	16	NUM
cjal-3258	143	5	.	.	PUNCT
cjal-3258	144	1	[	[	X
cjal-3258	144	2	20:1	20:1	NUM
cjal-3258	144	3	regula	regula	NOUN
cjal-3258	144	4	tory	tory	NOUN
cjal-3258	144	5	gi	gi	VERB
cjal-3258	144	6	vings	ving	NOUN
cjal-3258	144	7	in	in	ADP
cjal-3258	144	8	china	china	PROPN
cjal-3258	144	9	from	from	ADP
cjal-3258	144	10	a	a	DET
cjal-3258	144	11	socialist	socialist	ADJ
cjal-3258	144	12	economy	economy	NOUN
cjal-3258	144	13	to	to	ADP
cjal-3258	144	14	today	today	NOUN
cjal-3258	144	15	's	's	PART
cjal-3258	144	16	capitalist	capitalist	ADJ
cjal-3258	144	17	economy	economy	NOUN
cjal-3258	144	18	.	.	PUNCT
cjal-3258	145	1	during	during	ADP
cjal-3258	145	2	the	the	DET
cjal-3258	145	3	initial	initial	ADJ
cjal-3258	145	4	conceptualization	conceptualization	NOUN
cjal-3258	145	5	and	and	CCONJ
cjal-3258	145	6	establishment	establishment	NOUN
cjal-3258	145	7	of	of	ADP
cjal-3258	145	8	the	the	DET
cjal-3258	145	9	chinese	chinese	ADJ
cjal-3258	145	10	stock	stock	NOUN
cjal-3258	145	11	market	market	NOUN
cjal-3258	145	12	,	,	PUNCT
cjal-3258	145	13	the	the	DET
cjal-3258	145	14	government	government	NOUN
cjal-3258	145	15	had	have	VERB
cjal-3258	145	16	to	to	PART
cjal-3258	145	17	confront	confront	VERB
cjal-3258	145	18	a	a	DET
cjal-3258	145	19	difficult	difficult	ADJ
cjal-3258	145	20	ideological	ideological	ADJ
cjal-3258	145	21	conflict	conflict	NOUN
cjal-3258	145	22	between	between	ADP
cjal-3258	145	23	socialist	socialist	ADJ
cjal-3258	145	24	and	and	CCONJ
cjal-3258	145	25	capitalist	capitalist	ADJ
cjal-3258	145	26	economies	economy	NOUN
cjal-3258	145	27	.	.	PUNCT
cjal-3258	146	1	19	19	NUM
cjal-3258	146	2	during	during	ADP
cjal-3258	146	3	the	the	DET
cjal-3258	146	4	early	early	ADJ
cjal-3258	146	5	years	year	NOUN
cjal-3258	146	6	of	of	ADP
cjal-3258	146	7	reform	reform	NOUN
cjal-3258	146	8	,	,	PUNCT
cjal-3258	146	9	any	any	DET
cjal-3258	146	10	major	major	ADJ
cjal-3258	146	11	deviation	deviation	NOUN
cjal-3258	146	12	from	from	ADP
cjal-3258	146	13	the	the	DET
cjal-3258	146	14	system	system	NOUN
cjal-3258	146	15	of	of	ADP
cjal-3258	146	16	state	state	NOUN
cjal-3258	146	17	ownership	ownership	NOUN
cjal-3258	146	18	would	would	AUX
cjal-3258	146	19	prove	prove	VERB
cjal-3258	146	20	too	too	ADV
cjal-3258	146	21	drastic	drastic	ADJ
cjal-3258	146	22	and	and	CCONJ
cjal-3258	146	23	politically	politically	ADV
cjal-3258	146	24	unacceptable	unacceptable	ADJ
cjal-3258	146	25	.	.	PUNCT
cjal-3258	147	1	the	the	DET
cjal-3258	147	2	"	"	PUNCT
cjal-3258	147	3	privatization	privatization	NOUN
cjal-3258	147	4	"	"	PUNCT
cjal-3258	147	5	of	of	ADP
cjal-3258	147	6	the	the	DET
cjal-3258	147	7	economy	economy	NOUN
cjal-3258	147	8	was	be	AUX
cjal-3258	147	9	a	a	DET
cjal-3258	147	10	major	major	ADJ
cjal-3258	147	11	concern	concern	NOUN
cjal-3258	147	12	for	for	ADP
cjal-3258	147	13	the	the	DET
cjal-3258	147	14	chinese	chinese	ADJ
cjal-3258	147	15	government	government	NOUN
cjal-3258	147	16	.	.	PUNCT
cjal-3258	148	1	20	20	NUM
cjal-3258	148	2	thus	thus	ADV
cjal-3258	148	3	,	,	PUNCT
cjal-3258	148	4	state	state	NOUN
cjal-3258	148	5	and	and	CCONJ
cjal-3258	148	6	legal	legal	ADJ
cjal-3258	148	7	shares	share	NOUN
cjal-3258	148	8	,	,	PUNCT
cjal-3258	148	9	which	which	PRON
cjal-3258	148	10	accounted	account	VERB
cjal-3258	148	11	for	for	ADP
cjal-3258	148	12	the	the	DET
cjal-3258	148	13	majority	majority	NOUN
cjal-3258	148	14	of	of	ADP
cjal-3258	148	15	shares	share	NOUN
cjal-3258	148	16	,	,	PUNCT
cjal-3258	148	17	were	be	AUX
cjal-3258	148	18	prohibited	prohibit	VERB
cjal-3258	148	19	from	from	ADP
cjal-3258	148	20	trading	trading	NOUN
cjal-3258	148	21	in	in	ADP
cjal-3258	148	22	the	the	DET
cjal-3258	148	23	stock	stock	NOUN
cjal-3258	148	24	market	market	NOUN
cjal-3258	148	25	.	.	PUNCT
cjal-3258	149	1	this	this	PRON
cjal-3258	149	2	asserted	assert	VERB
cjal-3258	149	3	state	state	NOUN
cjal-3258	149	4	control	control	NOUN
cjal-3258	149	5	over	over	ADP
cjal-3258	149	6	the	the	DET
cjal-3258	149	7	listed	list	VERB
cjal-3258	149	8	companies	company	NOUN
cjal-3258	149	9	so	so	SCONJ
cjal-3258	149	10	as	as	SCONJ
cjal-3258	149	11	to	to	PART
cjal-3258	149	12	maintain	maintain	VERB
cjal-3258	149	13	the	the	DET
cjal-3258	149	14	socialist	socialist	ADJ
cjal-3258	149	15	state	state	NOUN
cjal-3258	149	16	-	-	PUNCT
cjal-3258	149	17	ownership	ownership	NOUN
cjal-3258	149	18	system.21	system.21	NOUN
cjal-3258	149	19	hence	hence	ADV
cjal-3258	149	20	,	,	PUNCT
cjal-3258	149	21	the	the	DET
cjal-3258	149	22	system	system	NOUN
cjal-3258	149	23	was	be	AUX
cjal-3258	149	24	designed	design	VERB
cjal-3258	149	25	in	in	ADP
cjal-3258	149	26	accordance	accordance	NOUN
cjal-3258	149	27	with	with	ADP
cjal-3258	149	28	what	what	PRON
cjal-3258	149	29	was	be	AUX
cjal-3258	149	30	most	most	ADV
cjal-3258	149	31	acceptable	acceptable	ADJ
cjal-3258	149	32	rather	rather	ADV
cjal-3258	149	33	than	than	ADP
cjal-3258	149	34	what	what	PRON
cjal-3258	149	35	was	be	AUX
cjal-3258	149	36	most	most	ADV
cjal-3258	149	37	reasonable	reasonable	ADJ
cjal-3258	149	38	.	.	PUNCT
cjal-3258	150	1	22	22	NUM
cjal-3258	150	2	b.	b.	NOUN
cjal-3258	150	3	deficiencies	deficiency	NOUN
cjal-3258	150	4	in	in	ADP
cjal-3258	150	5	the	the	DET
cjal-3258	150	6	split	split	ADJ
cjal-3258	150	7	share	share	NOUN
cjal-3258	150	8	structure	structure	NOUN
cjal-3258	150	9	it	it	PRON
cjal-3258	150	10	is	be	AUX
cjal-3258	150	11	widely	widely	ADV
cjal-3258	150	12	acknowledged	acknowledge	VERB
cjal-3258	150	13	that	that	SCONJ
cjal-3258	150	14	this	this	DET
cjal-3258	150	15	classification	classification	NOUN
cjal-3258	150	16	of	of	ADP
cjal-3258	150	17	shares	share	NOUN
cjal-3258	150	18	and	and	CCONJ
cjal-3258	150	19	accompanying	accompany	VERB
cjal-3258	150	20	trading	trading	NOUN
cjal-3258	150	21	prohibition	prohibition	NOUN
cjal-3258	150	22	on	on	ADP
cjal-3258	150	23	the	the	DET
cjal-3258	150	24	majority	majority	NOUN
cjal-3258	150	25	of	of	ADP
cjal-3258	150	26	shares	share	NOUN
cjal-3258	150	27	is	be	AUX
cjal-3258	150	28	a	a	DET
cjal-3258	150	29	material	material	NOUN
cjal-3258	150	30	cause	cause	NOUN
cjal-3258	150	31	of	of	ADP
cjal-3258	150	32	the	the	DET
cjal-3258	150	33	chinese	chinese	ADJ
cjal-3258	150	34	stock	stock	NOUN
cjal-3258	150	35	market	market	NOUN
cjal-3258	150	36	's	's	PART
cjal-3258	150	37	deficiencies	deficiency	NOUN
cjal-3258	150	38	and	and	CCONJ
cjal-3258	150	39	corporate	corporate	ADJ
cjal-3258	150	40	governance	governance	NOUN
cjal-3258	150	41	problems	problem	NOUN
cjal-3258	150	42	.	.	PUNCT
cjal-3258	151	1	this	this	DET
cjal-3258	151	2	split	split	ADJ
cjal-3258	151	3	share	share	NOUN
cjal-3258	151	4	structure	structure	NOUN
cjal-3258	151	5	produced	produce	VERB
cjal-3258	151	6	a	a	DET
cjal-3258	151	7	separate	separate	ADJ
cjal-3258	151	8	set	set	NOUN
cjal-3258	151	9	of	of	ADP
cjal-3258	151	10	supply	supply	NOUN
cjal-3258	151	11	and	and	CCONJ
cjal-3258	151	12	demand	demand	NOUN
cjal-3258	151	13	forces	force	NOUN
cjal-3258	151	14	which	which	PRON
cjal-3258	151	15	led	lead	VERB
cjal-3258	151	16	to	to	ADP
cjal-3258	151	17	different	different	ADJ
cjal-3258	151	18	prices	price	NOUN
cjal-3258	151	19	and	and	CCONJ
cjal-3258	151	20	earnings	earning	NOUN
cjal-3258	151	21	ratios	ratio	NOUN
cjal-3258	151	22	for	for	ADP
cjal-3258	151	23	the	the	DET
cjal-3258	151	24	same	same	ADJ
cjal-3258	151	25	shares	share	NOUN
cjal-3258	151	26	.	.	PUNCT
cjal-3258	152	1	this	this	PRON
cjal-3258	152	2	in	in	ADP
cjal-3258	152	3	turn	turn	NOUN
cjal-3258	152	4	resulted	result	VERB
cjal-3258	152	5	in	in	ADP
cjal-3258	152	6	different	different	ADJ
cjal-3258	152	7	pricing	pricing	NOUN
cjal-3258	152	8	for	for	ADP
cjal-3258	152	9	the	the	DET
cjal-3258	152	10	23same	23same	NUM
cjal-3258	152	11	issue	issue	NOUN
cjal-3258	152	12	.	.	PUNCT
cjal-3258	153	1	the	the	DET
cjal-3258	153	2	inability	inability	NOUN
cjal-3258	153	3	to	to	PART
cjal-3258	153	4	trade	trade	VERB
cjal-3258	153	5	the	the	DET
cjal-3258	153	6	majority	majority	NOUN
cjal-3258	153	7	of	of	ADP
cjal-3258	153	8	shares	share	NOUN
cjal-3258	153	9	also	also	ADV
cjal-3258	153	10	caused	cause	VERB
cjal-3258	153	11	an	an	DET
cjal-3258	153	12	artificial	artificial	ADJ
cjal-3258	153	13	inflation	inflation	NOUN
cjal-3258	153	14	of	of	ADP
cjal-3258	153	15	share	share	NOUN
cjal-3258	153	16	prices	price	NOUN
cjal-3258	153	17	because	because	SCONJ
cjal-3258	153	18	the	the	DET
cjal-3258	153	19	entire	entire	ADJ
cjal-3258	153	20	market	market	NOUN
cjal-3258	153	21	,	,	PUNCT
cjal-3258	153	22	including	include	VERB
cjal-3258	153	23	non	non	ADJ
cjal-3258	153	24	-	-	ADJ
cjal-3258	153	25	tradable	tradable	ADJ
cjal-3258	153	26	shares	share	NOUN
cjal-3258	153	27	,	,	PUNCT
cjal-3258	153	28	was	be	AUX
cjal-3258	153	29	factored	factor	VERB
cjal-3258	153	30	into	into	ADP
cjal-3258	153	31	the	the	DET
cjal-3258	153	32	exchange	exchange	NOUN
cjal-3258	153	33	prices	price	NOUN
cjal-3258	153	34	of	of	ADP
cjal-3258	153	35	the	the	DET
cjal-3258	153	36	tradable	tradable	ADJ
cjal-3258	153	37	shares.24	shares.24	NOUN
cjal-3258	153	38	all	all	PRON
cjal-3258	153	39	else	else	ADV
cjal-3258	153	40	being	be	AUX
cjal-3258	153	41	equal	equal	ADJ
cjal-3258	153	42	,	,	PUNCT
cjal-3258	153	43	the	the	DET
cjal-3258	153	44	price	price	NOUN
cjal-3258	153	45	of	of	ADP
cjal-3258	153	46	the	the	DET
cjal-3258	153	47	tradable	tradable	ADJ
cjal-3258	153	48	shares	share	NOUN
cjal-3258	153	49	will	will	AUX
cjal-3258	153	50	fall	fall	VERB
cjal-3258	153	51	if	if	SCONJ
cjal-3258	153	52	the	the	DET
cjal-3258	153	53	non	non	ADJ
cjal-3258	153	54	-	-	ADJ
cjal-3258	153	55	tradable	tradable	ADJ
cjal-3258	153	56	shares	share	NOUN
cjal-3258	153	57	are	be	AUX
cjal-3258	153	58	allowed	allow	VERB
cjal-3258	153	59	to	to	PART
cjal-3258	153	60	enter	enter	VERB
cjal-3258	153	61	the	the	DET
cjal-3258	153	62	market	market	NOUN
cjal-3258	153	63	.	.	PUNCT
cjal-3258	154	1	25	25	NUM
cjal-3258	154	2	the	the	DET
cjal-3258	154	3	artificialness	artificialness	NOUN
cjal-3258	154	4	of	of	ADP
cjal-3258	154	5	inflated	inflated	ADJ
cjal-3258	154	6	share	share	NOUN
cjal-3258	154	7	prices	price	NOUN
cjal-3258	154	8	was	be	AUX
cjal-3258	154	9	evidenced	evidence	VERB
cjal-3258	154	10	by	by	ADP
cjal-3258	154	11	often	often	ADV
cjal-3258	154	12	absurdly	absurdly	ADV
cjal-3258	154	13	high	high	ADJ
cjal-3258	154	14	share	share	NOUN
cjal-3258	154	15	prices	price	NOUN
cjal-3258	154	16	,	,	PUNCT
cjal-3258	154	17	even	even	ADV
cjal-3258	154	18	of	of	ADP
cjal-3258	154	19	companies	company	NOUN
cjal-3258	154	20	with	with	ADP
cjal-3258	154	21	negative	negative	ADJ
cjal-3258	154	22	net	net	ADJ
cjal-3258	154	23	assets.26	assets.26	ADJ
cjal-3258	154	24	another	another	DET
cjal-3258	154	25	'	'	PUNCT
cjal-3258	154	26	1id	1id	NOUN
cjal-3258	154	27	.	.	PUNCT
cjal-3258	155	1	at	at	ADP
cjal-3258	155	2	5	5	NUM
cjal-3258	155	3	;	;	PUNCT
cjal-3258	155	4	mt.f	mt.f	NOUN
cjal-3258	155	5	,	,	PUNCT
cjal-3258	155	6	x4	x4	PROPN
cjal-3258	155	7	'	'	PUNCT
cjal-3258	155	8	j	j	PROPN
cjal-3258	155	9	,	,	PUNCT
cjal-3258	155	10	i[huang	i[huang	NOUN
cjal-3258	155	11	man	man	PROPN
cjal-3258	155	12	xing	xing	PROPN
cjal-3258	155	13	,	,	PUNCT
cjal-3258	155	14	discussion	discussion	NOUN
cjal-3258	155	15	on	on	ADP
cjal-3258	155	16	the	the	DET
cjal-3258	155	17	nontrading	nontrading	NOUN
cjal-3258	155	18	problem	problem	NOUN
cjal-3258	155	19	of	of	ADP
cjal-3258	155	20	state	state	NOUN
cjal-3258	155	21	shares	share	NOUN
cjal-3258	155	22	]	]	PUNCT
cjal-3258	155	23	,	,	PUNCT
cjal-3258	155	24	a	a	DET
cjal-3258	155	25	akfff1[com	akfff1[com	X
cjal-3258	155	26	.	.	PUNCT
cjal-3258	156	1	res	re	NOUN
cjal-3258	156	2	.	.	PROPN
cjal-3258	157	1	]	]	X
cjal-3258	157	2	,	,	PUNCT
cjal-3258	157	3	no	no	INTJ
cjal-3258	157	4	.	.	PROPN
cjal-3258	157	5	12	12	NUM
cjal-3258	157	6	,	,	PUNCT
cjal-3258	157	7	2005	2005	NUM
cjal-3258	157	8	at	at	ADP
cjal-3258	157	9	171	171	NUM
cjal-3258	157	10	,	,	PUNCT
cjal-3258	157	11	173	173	NUM
cjal-3258	157	12	.	.	NOUN
cjal-3258	157	13	20	20	NUM
cjal-3258	157	14	he	he	PRON
cjal-3258	157	15	,	,	PUNCT
cjal-3258	157	16	supra	supra	PROPN
cjal-3258	157	17	note	note	PROPN
cjal-3258	157	18	7	7	NUM
cjal-3258	157	19	,	,	PUNCT
cjal-3258	157	20	at	at	ADP
cjal-3258	157	21	5	5	NUM
cjal-3258	157	22	.	.	SYM
cjal-3258	157	23	21	21	NUM
cjal-3258	158	1	i	i	PRON
cjal-3258	158	2	d.	d.	PROPN
cjal-3258	158	3	at	at	ADP
cjal-3258	158	4	8	8	NUM
cjal-3258	158	5	.	.	NUM
cjal-3258	158	6	22	22	NUM
cjal-3258	158	7	,	,	PUNCT
cjal-3258	158	8	,	,	PUNCT
cjal-3258	158	9	j	j	PROPN
cjal-3258	158	10	ji	ji	PROPN
cjal-3258	158	11	~	~	PROPN
cjal-3258	158	12	t	t	PROPN
cjal-3258	158	13	fi	fi	NOUN
cjal-3258	158	14	:	:	PUNCT
cjal-3258	159	1	[	[	X
cjal-3258	159	2	luo	luo	PROPN
cjal-3258	159	3	peixin	peixin	PROPN
cjal-3258	159	4	,	,	PUNCT
cjal-3258	159	5	legal	legal	ADJ
cjal-3258	159	6	analysis	analysis	NOUN
cjal-3258	159	7	of	of	ADP
cjal-3258	159	8	non	non	ADJ
cjal-3258	159	9	-	-	ADJ
cjal-3258	159	10	tradable	tradable	ADJ
cjal-3258	159	11	shares	share	NOUN
cjal-3258	159	12	trading	trading	NOUN
cjal-3258	159	13	proposals	proposal	NOUN
cjal-3258	159	14	]	]	PUNCT
cjal-3258	159	15	17	17	NUM
cjal-3258	159	16	(	(	PUNCT
cjal-3258	159	17	2001	2001	NUM
cjal-3258	159	18	)	)	PUNCT
cjal-3258	159	19	,	,	PUNCT
cjal-3258	159	20	http://www.sse.org.cn/upfiles/attach/1691/2004/03/04/1657448125.pdf	http://www.sse.org.cn/upfiles/attach/1691/2004/03/04/1657448125.pdf	PROPN
cjal-3258	159	21	(	(	PUNCT
cjal-3258	159	22	last	last	ADV
cjal-3258	159	23	visited	visit	VERB
cjal-3258	159	24	oct	oct	PROPN
cjal-3258	159	25	.	.	PROPN
cjal-3258	159	26	31	31	NUM
cjal-3258	159	27	,	,	PUNCT
cjal-3258	159	28	2006	2006	NUM
cjal-3258	159	29	)	)	PUNCT
cjal-3258	159	30	.	.	PUNCT
cjal-3258	160	1	23	23	NUM
cjal-3258	160	2	-_s	-_s	X
cjal-3258	161	1	=	=	NOUN
cjal-3258	161	2	i	i	NOUN
cjal-3258	161	3	r	r	PROPN
cjal-3258	161	4	v3	v3	PROPN
cjal-3258	161	5	,	,	PUNCT
cjal-3258	161	6	k	k	PROPN
cjal-3258	161	7	*	*	PUNCT
cjal-3258	161	8	m	m	PROPN
cjal-3258	161	9	,	,	PUNCT
cjal-3258	161	10	'	'	PUNCT
cjal-3258	161	11	2	2	NUM
cjal-3258	161	12	[	[	X
cjal-3258	161	13	guiding	guide	VERB
cjal-3258	161	14	opinions	opinion	NOUN
cjal-3258	161	15	on	on	ADP
cjal-3258	161	16	the	the	DET
cjal-3258	161	17	split	split	ADJ
cjal-3258	161	18	share	share	NOUN
cjal-3258	161	19	structure	structure	NOUN
cjal-3258	161	20	reform	reform	NOUN
cjal-3258	161	21	of	of	ADP
cjal-3258	161	22	listed	list	VERB
cjal-3258	161	23	companies	company	NOUN
cjal-3258	161	24	]	]	PUNCT
cjal-3258	161	25	(	(	PUNCT
cjal-3258	161	26	promulgated	promulgate	VERB
cjal-3258	161	27	by	by	ADP
cjal-3258	161	28	china	china	PROPN
cjal-3258	161	29	securities	securities	PROPN
cjal-3258	161	30	regulatory	regulatory	ADJ
cjal-3258	161	31	comm	comm	NOUN
cjal-3258	161	32	.	.	PUNCT
cjal-3258	161	33	,	,	PUNCT
cjal-3258	161	34	may	may	AUX
cjal-3258	161	35	31	31	NUM
cjal-3258	161	36	,	,	PUNCT
cjal-3258	161	37	2005	2005	NUM
cjal-3258	161	38	,	,	PUNCT
cjal-3258	161	39	effective	effective	ADJ
cjal-3258	161	40	may	may	PROPN
cjal-3258	161	41	31	31	NUM
cjal-3258	161	42	,	,	PUNCT
cjal-3258	161	43	2005	2005	NUM
cjal-3258	161	44	)	)	PUNCT
cjal-3258	161	45	,	,	PUNCT
cjal-3258	161	46	2	2	NUM
cjal-3258	161	47	,	,	PUNCT
cjal-3258	161	48	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=59728	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=59728	NOUN
cjal-3258	161	49	(	(	PUNCT
cjal-3258	161	50	last	last	ADV
cjal-3258	161	51	visited	visit	VERB
cjal-3258	161	52	oct	oct	PROPN
cjal-3258	161	53	.	.	PROPN
cjal-3258	161	54	31	31	NUM
cjal-3258	161	55	,	,	PUNCT
cjal-3258	161	56	2006	2006	NUM
cjal-3258	161	57	)	)	PUNCT
cjal-3258	162	1	[	[	X
cjal-3258	162	2	hereinafter	hereinafter	NOUN
cjal-3258	162	3	guiding	guiding	NOUN
cjal-3258	162	4	opinions	opinion	NOUN
cjal-3258	162	5	]	]	PUNCT
cjal-3258	162	6	;	;	PUNCT
cjal-3258	162	7	friedman	friedman	PROPN
cjal-3258	162	8	,	,	PUNCT
cjal-3258	162	9	supra	supra	PROPN
cjal-3258	162	10	note	note	PROPN
cjal-3258	162	11	13	13	NUM
cjal-3258	162	12	,	,	PUNCT
cjal-3258	162	13	at	at	ADP
cjal-3258	162	14	497	497	NUM
cjal-3258	162	15	.	.	PUNCT
cjal-3258	162	16	24	24	NUM
cjal-3258	162	17	huang	huang	PROPN
cjal-3258	162	18	,	,	PUNCT
cjal-3258	162	19	supra	supra	PROPN
cjal-3258	162	20	note	note	PROPN
cjal-3258	162	21	19	19	NUM
cjal-3258	162	22	,	,	PUNCT
cjal-3258	162	23	at	at	ADP
cjal-3258	162	24	173	173	NUM
cjal-3258	162	25	.	.	PUNCT
cjal-3258	162	26	25	25	NUM
cjal-3258	163	1	i	i	PRON
cjal-3258	163	2	d.	d.	PROPN
cjal-3258	163	3	26	26	NUM
cjal-3258	164	1	i	i	PRON
cjal-3258	164	2	d.	d.	PROPN
cjal-3258	164	3	2006	2006	NUM
cjal-3258	164	4	]	]	PUNCT
cjal-3258	165	1	305	305	NUM
cjal-3258	165	2	columbia	columbia	PROPN
cjal-3258	165	3	journal	journal	PROPN
cjal-3258	165	4	of	of	ADP
cjal-3258	165	5	asian	asian	ADJ
cjal-3258	165	6	law	law	NOUN
cjal-3258	165	7	practical	practical	ADJ
cjal-3258	165	8	consequence	consequence	NOUN
cjal-3258	165	9	of	of	ADP
cjal-3258	165	10	the	the	DET
cjal-3258	165	11	split	split	ADJ
cjal-3258	165	12	share	share	NOUN
cjal-3258	165	13	structure	structure	NOUN
cjal-3258	165	14	was	be	AUX
cjal-3258	165	15	the	the	DET
cjal-3258	165	16	over	over	ADV
cjal-3258	165	17	-	-	PUNCT
cjal-3258	165	18	speculative	speculative	ADJ
cjal-3258	165	19	nature	nature	NOUN
cjal-3258	165	20	of	of	ADP
cjal-3258	165	21	its	its	PRON
cjal-3258	165	22	stock	stock	NOUN
cjal-3258	165	23	market	market	NOUN
cjal-3258	165	24	.	.	PUNCT
cjal-3258	166	1	this	this	DET
cjal-3258	166	2	over	over	ADP
cjal-3258	166	3	-	-	PUNCT
cjal-3258	166	4	speculative	speculative	ADJ
cjal-3258	166	5	nature	nature	NOUN
cjal-3258	166	6	of	of	ADP
cjal-3258	166	7	the	the	DET
cjal-3258	166	8	market	market	NOUN
cjal-3258	166	9	was	be	AUX
cjal-3258	166	10	reflected	reflect	VERB
cjal-3258	166	11	in	in	ADP
cjal-3258	166	12	the	the	DET
cjal-3258	166	13	fluctuation	fluctuation	NOUN
cjal-3258	166	14	of	of	ADP
cjal-3258	166	15	stock	stock	NOUN
cjal-3258	166	16	prices	price	NOUN
cjal-3258	166	17	and	and	CCONJ
cjal-3258	166	18	the	the	DET
cjal-3258	166	19	rate	rate	NOUN
cjal-3258	166	20	at	at	ADP
cjal-3258	166	21	which	which	PRON
cjal-3258	166	22	shares	share	NOUN
cjal-3258	166	23	changed	change	VERB
cjal-3258	166	24	hands.27	hands.27	PROPN
cjal-3258	166	25	for	for	ADP
cjal-3258	166	26	the	the	DET
cjal-3258	166	27	period	period	NOUN
cjal-3258	166	28	of	of	ADP
cjal-3258	166	29	1994	1994	NUM
cjal-3258	166	30	to	to	ADP
cjal-3258	166	31	1999	1999	NUM
cjal-3258	166	32	,	,	PUNCT
cjal-3258	166	33	the	the	DET
cjal-3258	166	34	differences	difference	NOUN
cjal-3258	166	35	of	of	ADP
cjal-3258	166	36	the	the	DET
cjal-3258	166	37	stock	stock	NOUN
cjal-3258	166	38	market	market	NOUN
cjal-3258	166	39	's	's	PART
cjal-3258	166	40	highest	high	ADJ
cjal-3258	166	41	and	and	CCONJ
cjal-3258	166	42	lowest	low	ADJ
cjal-3258	166	43	points	point	NOUN
cjal-3258	166	44	in	in	ADP
cjal-3258	166	45	the	the	DET
cjal-3258	166	46	united	united	PROPN
cjal-3258	166	47	states	states	PROPN
cjal-3258	166	48	and	and	CCONJ
cjal-3258	166	49	singapore	singapore	PROPN
cjal-3258	166	50	were	be	AUX
cjal-3258	166	51	200	200	NUM
cjal-3258	166	52	%	%	NOUN
cjal-3258	166	53	and	and	CCONJ
cjal-3258	166	54	110	110	NUM
cjal-3258	166	55	%	%	NOUN
cjal-3258	166	56	,	,	PUNCT
cjal-3258	166	57	respectively	respectively	ADV
cjal-3258	166	58	.	.	PUNCT
cjal-3258	167	1	in	in	ADP
cjal-3258	167	2	contrast	contrast	NOUN
cjal-3258	167	3	,	,	PUNCT
cjal-3258	167	4	the	the	DET
cjal-3258	167	5	shanghai	shanghai	PROPN
cjal-3258	167	6	stock	stock	PROPN
cjal-3258	167	7	exchange	exchange	PROPN
cjal-3258	167	8	experienced	experience	VERB
cjal-3258	167	9	a	a	DET
cjal-3258	167	10	difference	difference	NOUN
cjal-3258	167	11	of	of	ADP
cjal-3258	167	12	up	up	ADP
cjal-3258	167	13	to	to	PART
cjal-3258	167	14	500	500	NUM
cjal-3258	167	15	%	%	NOUN
cjal-3258	167	16	.	.	PUNCT
cjal-3258	168	1	similarly	similarly	ADV
cjal-3258	168	2	,	,	PUNCT
cjal-3258	168	3	for	for	ADP
cjal-3258	168	4	the	the	DET
cjal-3258	168	5	period	period	NOUN
cjal-3258	168	6	of	of	ADP
cjal-3258	168	7	1995	1995	NUM
cjal-3258	168	8	to	to	ADP
cjal-3258	168	9	2004	2004	NUM
cjal-3258	168	10	,	,	PUNCT
cjal-3258	168	11	the	the	DET
cjal-3258	168	12	average	average	ADJ
cjal-3258	168	13	annual	annual	ADJ
cjal-3258	168	14	turnover	turnover	NOUN
cjal-3258	168	15	rate	rate	NOUN
cjal-3258	168	16	in	in	ADP
cjal-3258	168	17	the	the	DET
cjal-3258	168	18	chinese	chinese	ADJ
cjal-3258	168	19	stock	stock	NOUN
cjal-3258	168	20	market	market	NOUN
cjal-3258	168	21	was	be	AUX
cjal-3258	168	22	always	always	ADV
cjal-3258	168	23	above	above	ADP
cjal-3258	168	24	200	200	NUM
cjal-3258	168	25	%	%	NOUN
cjal-3258	168	26	and	and	CCONJ
cjal-3258	168	27	peaked	peak	VERB
cjal-3258	168	28	at	at	ADP
cjal-3258	168	29	over	over	ADP
cjal-3258	168	30	400	400	NUM
cjal-3258	168	31	%	%	NOUN
cjal-3258	168	32	in	in	ADP
cjal-3258	168	33	2000.28	2000.28	NUM
cjal-3258	168	34	this	this	PRON
cjal-3258	168	35	is	be	AUX
cjal-3258	168	36	much	much	ADV
cjal-3258	168	37	higher	high	ADJ
cjal-3258	168	38	than	than	ADP
cjal-3258	168	39	the	the	DET
cjal-3258	168	40	other	other	ADJ
cjal-3258	168	41	stock	stock	NOUN
cjal-3258	168	42	markets	market	NOUN
cjal-3258	168	43	,	,	PUNCT
cjal-3258	168	44	especially	especially	ADV
cjal-3258	168	45	the	the	DET
cjal-3258	168	46	mature	mature	ADJ
cjal-3258	168	47	markets	market	NOUN
cjal-3258	168	48	.	.	PUNCT
cjal-3258	169	1	the	the	DET
cjal-3258	169	2	split	split	ADJ
cjal-3258	169	3	share	share	NOUN
cjal-3258	169	4	structure	structure	NOUN
cjal-3258	169	5	and	and	CCONJ
cjal-3258	169	6	its	its	PRON
cjal-3258	169	7	consequences	consequence	NOUN
cjal-3258	169	8	led	lead	VERB
cjal-3258	169	9	to	to	ADP
cjal-3258	169	10	three	three	NUM
cjal-3258	169	11	deficiencies	deficiency	NOUN
cjal-3258	169	12	in	in	ADP
cjal-3258	169	13	the	the	DET
cjal-3258	169	14	chinese	chinese	ADJ
cjal-3258	169	15	capital	capital	NOUN
cjal-3258	169	16	markets	market	NOUN
cjal-3258	169	17	.	.	PUNCT
cjal-3258	170	1	29	29	NUM
cjal-3258	170	2	first	first	ADV
cjal-3258	170	3	,	,	PUNCT
cjal-3258	170	4	the	the	DET
cjal-3258	170	5	split	split	ADJ
cjal-3258	170	6	share	share	NOUN
cjal-3258	170	7	structure	structure	NOUN
cjal-3258	170	8	resulted	result	VERB
cjal-3258	170	9	in	in	ADP
cjal-3258	170	10	a	a	DET
cjal-3258	170	11	conflict	conflict	NOUN
cjal-3258	170	12	of	of	ADP
cjal-3258	170	13	interests	interest	NOUN
cjal-3258	170	14	between	between	ADP
cjal-3258	170	15	the	the	DET
cjal-3258	170	16	non	non	ADJ
cjal-3258	170	17	-	-	ADJ
cjal-3258	170	18	tradable	tradable	ADJ
cjal-3258	170	19	shareholders	shareholder	NOUN
cjal-3258	170	20	and	and	CCONJ
cjal-3258	170	21	the	the	DET
cjal-3258	170	22	tradable	tradable	ADJ
cjal-3258	170	23	shareholders	shareholder	NOUN
cjal-3258	170	24	.	.	PUNCT
cjal-3258	171	1	30	30	NUM
cjal-3258	171	2	because	because	SCONJ
cjal-3258	171	3	tradable	tradable	ADJ
cjal-3258	171	4	shareholders	shareholder	NOUN
cjal-3258	171	5	would	would	AUX
cjal-3258	171	6	always	always	ADV
cjal-3258	171	7	be	be	AUX
cjal-3258	171	8	a	a	DET
cjal-3258	171	9	minority	minority	NOUN
cjal-3258	171	10	and	and	CCONJ
cjal-3258	171	11	unable	unable	ADJ
cjal-3258	171	12	to	to	PART
cjal-3258	171	13	control	control	VERB
cjal-3258	171	14	or	or	CCONJ
cjal-3258	171	15	significantly	significantly	ADV
cjal-3258	171	16	influence	influence	VERB
cjal-3258	171	17	the	the	DET
cjal-3258	171	18	company	company	NOUN
cjal-3258	171	19	,	,	PUNCT
cjal-3258	171	20	the	the	DET
cjal-3258	171	21	main	main	ADJ
cjal-3258	171	22	form	form	NOUN
cjal-3258	171	23	of	of	ADP
cjal-3258	171	24	profit	profit	NOUN
cjal-3258	171	25	from	from	ADP
cjal-3258	171	26	the	the	DET
cjal-3258	171	27	share	share	NOUN
cjal-3258	171	28	investment	investment	NOUN
cjal-3258	171	29	would	would	AUX
cjal-3258	171	30	be	be	AUX
cjal-3258	171	31	the	the	DET
cjal-3258	171	32	increase	increase	NOUN
cjal-3258	171	33	in	in	ADP
cjal-3258	171	34	share	share	NOUN
cjal-3258	171	35	price	price	NOUN
cjal-3258	171	36	.	.	PUNCT
cjal-3258	172	1	such	such	DET
cjal-3258	172	2	an	an	DET
cjal-3258	172	3	increase	increase	NOUN
cjal-3258	172	4	is	be	AUX
cjal-3258	172	5	normally	normally	ADV
cjal-3258	172	6	brought	bring	VERB
cjal-3258	172	7	about	about	ADP
cjal-3258	172	8	by	by	ADP
cjal-3258	172	9	the	the	DET
cjal-3258	172	10	company	company	NOUN
cjal-3258	172	11	's	's	PART
cjal-3258	172	12	improved	improved	ADJ
cjal-3258	172	13	performance	performance	NOUN
cjal-3258	172	14	,	,	PUNCT
cjal-3258	172	15	competitiveness	competitiveness	NOUN
cjal-3258	172	16	and	and	CCONJ
cjal-3258	172	17	profitability	profitability	NOUN
cjal-3258	172	18	.	.	PUNCT
cjal-3258	173	1	31	31	NUM
cjal-3258	173	2	however	however	ADV
cjal-3258	173	3	,	,	PUNCT
cjal-3258	173	4	this	this	DET
cjal-3258	173	5	increase	increase	NOUN
cjal-3258	173	6	in	in	ADP
cjal-3258	173	7	share	share	NOUN
cjal-3258	173	8	prices	price	NOUN
cjal-3258	173	9	could	could	AUX
cjal-3258	173	10	not	not	PART
cjal-3258	173	11	be	be	AUX
cjal-3258	173	12	enjoyed	enjoy	VERB
cjal-3258	173	13	by	by	ADP
cjal-3258	173	14	the	the	DET
cjal-3258	173	15	non	non	ADJ
cjal-3258	173	16	-	-	ADJ
cjal-3258	173	17	tradable	tradable	ADJ
cjal-3258	173	18	shareholders	shareholder	NOUN
cjal-3258	173	19	who	who	PRON
cjal-3258	173	20	were	be	AUX
cjal-3258	173	21	unable	unable	ADJ
cjal-3258	173	22	to	to	PART
cjal-3258	173	23	sell	sell	VERB
cjal-3258	173	24	their	their	PRON
cjal-3258	173	25	shares	share	NOUN
cjal-3258	173	26	on	on	ADP
cjal-3258	173	27	the	the	DET
cjal-3258	173	28	stock	stock	NOUN
cjal-3258	173	29	exchange	exchange	NOUN
cjal-3258	173	30	.	.	PUNCT
cjal-3258	174	1	rather	rather	ADV
cjal-3258	174	2	,	,	PUNCT
cjal-3258	174	3	their	their	PRON
cjal-3258	174	4	main	main	ADJ
cjal-3258	174	5	form	form	NOUN
cjal-3258	174	6	of	of	ADP
cjal-3258	174	7	profit	profit	NOUN
cjal-3258	174	8	stemmed	stem	VERB
cjal-3258	174	9	from	from	ADP
cjal-3258	174	10	utilizing	utilize	VERB
cjal-3258	174	11	the	the	DET
cjal-3258	174	12	split	split	ADJ
cjal-3258	174	13	share	share	NOUN
cjal-3258	174	14	structure	structure	NOUN
cjal-3258	174	15	to	to	PART
cjal-3258	174	16	obtain	obtain	VERB
cjal-3258	174	17	financing	financing	NOUN
cjal-3258	174	18	at	at	ADP
cjal-3258	174	19	a	a	DET
cjal-3258	174	20	high	high	ADJ
cjal-3258	174	21	premium	premium	NOUN
cjal-3258	174	22	(	(	PUNCT
cjal-3258	174	23	possible	possible	ADJ
cjal-3258	174	24	under	under	ADP
cjal-3258	174	25	the	the	DET
cjal-3258	174	26	artificially	artificially	ADV
cjal-3258	174	27	inflated	inflated	ADJ
cjal-3258	174	28	share	share	NOUN
cjal-3258	174	29	prices	price	NOUN
cjal-3258	174	30	described	describe	VERB
cjal-3258	174	31	above	above	ADV
cjal-3258	174	32	)	)	PUNCT
cjal-3258	174	33	to	to	PART
cjal-3258	174	34	rapidly	rapidly	ADV
cjal-3258	174	35	increase	increase	VERB
cjal-3258	174	36	the	the	DET
cjal-3258	174	37	asset	asset	NOUN
cjal-3258	174	38	value	value	NOUN
cjal-3258	174	39	of	of	ADP
cjal-3258	174	40	the	the	DET
cjal-3258	174	41	company	company	NOUN
cjal-3258	174	42	.	.	PUNCT
cjal-3258	175	1	32	32	NUM
cjal-3258	176	1	the	the	DET
cjal-3258	176	2	asset	asset	NOUN
cjal-3258	176	3	value	value	NOUN
cjal-3258	176	4	of	of	ADP
cjal-3258	176	5	the	the	DET
cjal-3258	176	6	company	company	NOUN
cjal-3258	176	7	is	be	AUX
cjal-3258	176	8	an	an	DET
cjal-3258	176	9	important	important	ADJ
cjal-3258	176	10	price	price	NOUN
cjal-3258	176	11	factor	factor	NOUN
cjal-3258	176	12	when	when	SCONJ
cjal-3258	176	13	the	the	DET
cjal-3258	176	14	nontradable	nontradable	ADJ
cjal-3258	176	15	shares	share	NOUN
cjal-3258	176	16	are	be	AUX
cjal-3258	176	17	traded	trade	VERB
cjal-3258	176	18	in	in	ADP
cjal-3258	176	19	private	private	ADJ
cjal-3258	176	20	transfer	transfer	NOUN
cjal-3258	176	21	deals	deal	NOUN
cjal-3258	176	22	.	.	PUNCT
cjal-3258	177	1	hence	hence	ADV
cjal-3258	177	2	,	,	PUNCT
cjal-3258	177	3	it	it	PRON
cjal-3258	177	4	is	be	AUX
cjal-3258	177	5	not	not	PART
cjal-3258	177	6	surprising	surprising	ADJ
cjal-3258	177	7	that	that	SCONJ
cjal-3258	177	8	under	under	ADP
cjal-3258	177	9	the	the	DET
cjal-3258	177	10	split	split	ADJ
cjal-3258	177	11	share	share	NOUN
cjal-3258	177	12	structure	structure	NOUN
cjal-3258	177	13	,	,	PUNCT
cjal-3258	177	14	the	the	DET
cjal-3258	177	15	non	non	ADJ
cjal-3258	177	16	-	-	ADJ
cjal-3258	177	17	trading	trading	ADJ
cjal-3258	177	18	majority	majority	NOUN
cjal-3258	177	19	shareholders	shareholder	NOUN
cjal-3258	177	20	were	be	AUX
cjal-3258	177	21	quite	quite	ADV
cjal-3258	177	22	impervious	impervious	ADJ
cjal-3258	177	23	to	to	ADP
cjal-3258	177	24	the	the	DET
cjal-3258	177	25	secondary	secondary	ADJ
cjal-3258	177	26	market	market	NOUN
cjal-3258	177	27	share	share	NOUN
cjal-3258	177	28	prices	price	NOUN
cjal-3258	177	29	and	and	CCONJ
cjal-3258	177	30	were	be	AUX
cjal-3258	177	31	not	not	PART
cjal-3258	177	32	particularly	particularly	ADV
cjal-3258	177	33	motivated	motivated	ADJ
cjal-3258	177	34	to	to	PART
cjal-3258	177	35	ensure	ensure	VERB
cjal-3258	177	36	the	the	DET
cjal-3258	177	37	profitability	profitability	NOUN
cjal-3258	177	38	and	and	CCONJ
cjal-3258	177	39	performance	performance	NOUN
cjal-3258	177	40	of	of	ADP
cjal-3258	177	41	the	the	DET
cjal-3258	177	42	company	company	NOUN
cjal-3258	177	43	.	.	PUNCT
cjal-3258	178	1	33	33	NUM
cjal-3258	178	2	on	on	ADP
cjal-3258	178	3	the	the	DET
cjal-3258	178	4	other	other	ADJ
cjal-3258	178	5	hand	hand	NOUN
cjal-3258	178	6	,	,	PUNCT
cjal-3258	178	7	the	the	DET
cjal-3258	178	8	non	non	ADJ
cjal-3258	178	9	-	-	ADJ
cjal-3258	178	10	tradable	tradable	ADJ
cjal-3258	178	11	shareholders	shareholder	NOUN
cjal-3258	178	12	had	have	VERB
cjal-3258	178	13	huge	huge	ADJ
cjal-3258	178	14	personal	personal	ADJ
cjal-3258	178	15	incentives	incentive	NOUN
cjal-3258	178	16	to	to	PART
cjal-3258	178	17	induce	induce	VERB
cjal-3258	178	18	the	the	DET
cjal-3258	178	19	company	company	NOUN
cjal-3258	178	20	to	to	PART
cjal-3258	178	21	issue	issue	VERB
cjal-3258	178	22	27	27	NUM
cjal-3258	178	23	i	i	PROPN
cjal-3258	178	24	d.	d.	PROPN
cjal-3258	178	25	28	28	NUM
cjal-3258	179	1	he	he	PRON
cjal-3258	179	2	,	,	PUNCT
cjal-3258	179	3	supra	supra	PROPN
cjal-3258	179	4	note	note	PROPN
cjal-3258	179	5	7	7	NUM
cjal-3258	179	6	,	,	PUNCT
cjal-3258	179	7	at	at	ADP
cjal-3258	179	8	50	50	NUM
cjal-3258	179	9	.	.	PUNCT
cjal-3258	179	10	21	21	NUM
cjal-3258	179	11	rha	rha	PROPN
cjal-3258	179	12	*	*	PROPN
cjal-3258	179	13	et	et	PROPN
cjal-3258	179	14	al	al	PROPN
cjal-3258	179	15	.	.	PROPN
cjal-3258	179	16	,	,	PUNCT
cjal-3258	179	17	_	_	PUNCT
cjal-3258	180	1	[	[	X
cjal-3258	180	2	wu	wu	PROPN
cjal-3258	180	3	xiaoqiu	xiaoqiu	PROPN
cjal-3258	180	4	et	et	PROPN
cjal-3258	180	5	al	al	PROPN
cjal-3258	180	6	.	.	PROPN
cjal-3258	180	7	,	,	PUNCT
cjal-3258	180	8	fsi	fsi	PROPN
cjal-3258	180	9	china	china	PROPN
cjal-3258	180	10	capital	capital	PROPN
cjal-3258	180	11	market	market	PROPN
cjal-3258	180	12	research	research	NOUN
cjal-3258	180	13	report	report	NOUN
cjal-3258	180	14	]	]	PUNCT
cjal-3258	180	15	4	4	NUM
cjal-3258	180	16	(	(	PUNCT
cjal-3258	180	17	for	for	ADP
cjal-3258	180	18	the	the	DET
cjal-3258	180	19	tenth	tenth	ADJ
cjal-3258	180	20	china	china	PROPN
cjal-3258	180	21	capital	capital	PROPN
cjal-3258	180	22	market	market	PROPN
cjal-3258	180	23	forum	forum	NOUN
cjal-3258	180	24	organized	organize	VERB
cjal-3258	180	25	by	by	ADP
cjal-3258	180	26	people	people	NOUN
cjal-3258	180	27	's	's	PART
cjal-3258	180	28	university	university	PROPN
cjal-3258	180	29	financial	financial	PROPN
cjal-3258	180	30	&	&	CCONJ
cjal-3258	180	31	securities	securities	PROPN
cjal-3258	180	32	institute	institute	PROPN
cjal-3258	180	33	,	,	PUNCT
cjal-3258	180	34	yet	yet	ADV
cjal-3258	180	35	to	to	PART
cjal-3258	180	36	be	be	AUX
cjal-3258	180	37	published	publish	VERB
cjal-3258	180	38	officially	officially	ADV
cjal-3258	180	39	)	)	PUNCT
cjal-3258	180	40	(	(	PUNCT
cjal-3258	180	41	2006	2006	NUM
cjal-3258	180	42	)	)	PUNCT
cjal-3258	181	1	[	[	X
cjal-3258	181	2	hereinafter	hereinafter	NOUN
cjal-3258	181	3	fsi	fsi	PROPN
cjal-3258	181	4	report	report	NOUN
cjal-3258	181	5	]	]	X
cjal-3258	181	6	.	.	PUNCT
cjal-3258	182	1	30	30	NUM
cjal-3258	182	2	guiding	guide	VERB
cjal-3258	182	3	opinions	opinion	NOUN
cjal-3258	182	4	,	,	PUNCT
cjal-3258	182	5	supra	supra	PROPN
cjal-3258	182	6	note	note	PROPN
cjal-3258	182	7	23	23	NUM
cjal-3258	182	8	,	,	PUNCT
cjal-3258	182	9	t	t	PROPN
cjal-3258	182	10	2	2	NUM
cjal-3258	182	11	.	.	NOUN
cjal-3258	182	12	3	3	NUM
cjal-3258	182	13	'	'	PUNCT
cjal-3258	182	14	fsi	fsi	PROPN
cjal-3258	182	15	report	report	NOUN
cjal-3258	182	16	,	,	PUNCT
cjal-3258	182	17	supra	supra	PROPN
cjal-3258	182	18	note	note	PROPN
cjal-3258	182	19	29	29	NUM
cjal-3258	182	20	,	,	PUNCT
cjal-3258	182	21	at	at	ADP
cjal-3258	182	22	6	6	NUM
cjal-3258	182	23	.	.	SYM
cjal-3258	182	24	32	32	NUM
cjal-3258	183	1	i	i	PRON
cjal-3258	183	2	d.	d.	PROPN
cjal-3258	183	3	33	33	NUM
cjal-3258	184	1	i	i	PRON
cjal-3258	184	2	d.	d.	NOUN
cjal-3258	184	3	306	306	NUM
cjal-3258	185	1	[	[	X
cjal-3258	185	2	20:1	20:1	NUM
cjal-3258	185	3	regula	regula	NOUN
cjal-3258	185	4	tory	tory	NOUN
cjal-3258	185	5	givings	giving	NOUN
cjal-3258	185	6	in	in	ADP
cjal-3258	185	7	china	china	PROPN
cjal-3258	185	8	more	more	ADJ
cjal-3258	185	9	shares	share	NOUN
cjal-3258	185	10	on	on	ADP
cjal-3258	185	11	the	the	DET
cjal-3258	185	12	stock	stock	NOUN
cjal-3258	185	13	exchange	exchange	NOUN
cjal-3258	185	14	.	.	PUNCT
cjal-3258	186	1	this	this	PRON
cjal-3258	186	2	resulted	result	VERB
cjal-3258	186	3	in	in	ADP
cjal-3258	186	4	a	a	DET
cjal-3258	186	5	mad	mad	ADJ
cjal-3258	186	6	rush	rush	NOUN
cjal-3258	186	7	for	for	ADP
cjal-3258	186	8	listing	listing	NOUN
cjal-3258	186	9	and	and	CCONJ
cjal-3258	186	10	share	share	NOUN
cjal-3258	186	11	issuance	issuance	NOUN
cjal-3258	186	12	34	34	NUM
cjal-3258	186	13	that	that	PRON
cjal-3258	186	14	was	be	AUX
cjal-3258	186	15	not	not	PART
cjal-3258	186	16	always	always	ADV
cjal-3258	186	17	in	in	ADP
cjal-3258	186	18	the	the	DET
cjal-3258	186	19	interest	interest	NOUN
cjal-3258	186	20	of	of	ADP
cjal-3258	186	21	the	the	DET
cjal-3258	186	22	company	company	NOUN
cjal-3258	186	23	and	and	CCONJ
cjal-3258	186	24	the	the	DET
cjal-3258	186	25	tradable	tradable	ADJ
cjal-3258	186	26	shareholders	shareholder	NOUN
cjal-3258	186	27	.	.	PUNCT
cjal-3258	187	1	needless	needless	ADJ
cjal-3258	187	2	to	to	PART
cjal-3258	187	3	say	say	VERB
cjal-3258	187	4	,	,	PUNCT
cjal-3258	187	5	such	such	ADJ
cjal-3258	187	6	conflicts	conflict	NOUN
cjal-3258	187	7	of	of	ADP
cjal-3258	187	8	interest	interest	NOUN
cjal-3258	187	9	among	among	ADP
cjal-3258	187	10	shareholders	shareholder	NOUN
cjal-3258	187	11	of	of	ADP
cjal-3258	187	12	the	the	DET
cjal-3258	187	13	same	same	ADJ
cjal-3258	187	14	company	company	NOUN
cjal-3258	187	15	are	be	AUX
cjal-3258	187	16	conducive	conducive	ADJ
cjal-3258	187	17	neither	neither	CCONJ
cjal-3258	187	18	to	to	ADP
cjal-3258	187	19	company	company	NOUN
cjal-3258	187	20	management	management	NOUN
cjal-3258	187	21	nor	nor	CCONJ
cjal-3258	187	22	to	to	ADP
cjal-3258	187	23	the	the	DET
cjal-3258	187	24	overall	overall	ADJ
cjal-3258	187	25	development	development	NOUN
cjal-3258	187	26	of	of	ADP
cjal-3258	187	27	the	the	DET
cjal-3258	187	28	capital	capital	NOUN
cjal-3258	187	29	market	market	NOUN
cjal-3258	187	30	.	.	PUNCT
cjal-3258	188	1	the	the	DET
cjal-3258	188	2	second	second	ADJ
cjal-3258	188	3	deficiency	deficiency	NOUN
cjal-3258	188	4	is	be	AUX
cjal-3258	188	5	the	the	DET
cjal-3258	188	6	erosion	erosion	NOUN
cjal-3258	188	7	of	of	ADP
cjal-3258	188	8	the	the	DET
cjal-3258	188	9	capital	capital	NOUN
cjal-3258	188	10	market	market	NOUN
cjal-3258	188	11	pricing	pricing	NOUN
cjal-3258	188	12	mechanism	mechanism	NOUN
cjal-3258	188	13	.	.	PUNCT
cjal-3258	189	1	35	35	NUM
cjal-3258	189	2	as	as	SCONJ
cjal-3258	189	3	actual	actual	ADJ
cjal-3258	189	4	stock	stock	NOUN
cjal-3258	189	5	market	market	NOUN
cjal-3258	189	6	share	share	NOUN
cjal-3258	189	7	prices	price	NOUN
cjal-3258	189	8	were	be	AUX
cjal-3258	189	9	only	only	ADV
cjal-3258	189	10	based	base	VERB
cjal-3258	189	11	on	on	ADP
cjal-3258	189	12	a	a	DET
cjal-3258	189	13	minority	minority	NOUN
cjal-3258	189	14	of	of	ADP
cjal-3258	189	15	the	the	DET
cjal-3258	189	16	total	total	ADJ
cjal-3258	189	17	number	number	NOUN
cjal-3258	189	18	of	of	ADP
cjal-3258	189	19	shares	share	NOUN
cjal-3258	189	20	,	,	PUNCT
cjal-3258	189	21	the	the	DET
cjal-3258	189	22	traded	trade	VERB
cjal-3258	189	23	prices	price	NOUN
cjal-3258	189	24	did	do	AUX
cjal-3258	189	25	not	not	PART
cjal-3258	189	26	reflect	reflect	VERB
cjal-3258	189	27	the	the	DET
cjal-3258	189	28	opinion	opinion	NOUN
cjal-3258	189	29	of	of	ADP
cjal-3258	189	30	the	the	DET
cjal-3258	189	31	other	other	ADJ
cjal-3258	189	32	market	market	NOUN
cjal-3258	189	33	players	player	NOUN
cjal-3258	189	34	.	.	PUNCT
cjal-3258	190	1	36	36	NUM
cjal-3258	190	2	an	an	DET
cjal-3258	190	3	important	important	ADJ
cjal-3258	190	4	condition	condition	NOUN
cjal-3258	190	5	for	for	ADP
cjal-3258	190	6	a	a	DET
cjal-3258	190	7	stock	stock	NOUN
cjal-3258	190	8	market	market	NOUN
cjal-3258	190	9	pricing	pricing	NOUN
cjal-3258	190	10	mechanism	mechanism	NOUN
cjal-3258	190	11	to	to	PART
cjal-3258	190	12	operate	operate	VERB
cjal-3258	190	13	effectively	effectively	ADV
cjal-3258	190	14	is	be	AUX
cjal-3258	190	15	the	the	DET
cjal-3258	190	16	double	double	ADJ
cjal-3258	190	17	-	-	PUNCT
cjal-3258	190	18	arbitrage	arbitrage	NOUN
cjal-3258	190	19	mechanism	mechanism	NOUN
cjal-3258	190	20	of	of	ADP
cjal-3258	190	21	the	the	DET
cjal-3258	190	22	primary	primary	ADJ
cjal-3258	190	23	and	and	CCONJ
cjal-3258	190	24	secondary	secondary	ADJ
cjal-3258	190	25	markets.37	markets.37	VERB
cjal-3258	190	26	the	the	DET
cjal-3258	190	27	destruction	destruction	NOUN
cjal-3258	190	28	of	of	ADP
cjal-3258	190	29	the	the	DET
cjal-3258	190	30	primary	primary	ADJ
cjal-3258	190	31	market	market	NOUN
cjal-3258	190	32	by	by	ADP
cjal-3258	190	33	the	the	DET
cjal-3258	190	34	split	split	ADJ
cjal-3258	190	35	share	share	NOUN
cjal-3258	190	36	structure	structure	NOUN
cjal-3258	190	37	shielded	shield	VERB
cjal-3258	190	38	the	the	DET
cjal-3258	190	39	non	non	ADJ
cjal-3258	190	40	-	-	ADJ
cjal-3258	190	41	tradable	tradable	ADJ
cjal-3258	190	42	shareholders	shareholder	NOUN
cjal-3258	190	43	from	from	ADP
cjal-3258	190	44	the	the	DET
cjal-3258	190	45	effects	effect	NOUN
cjal-3258	190	46	of	of	ADP
cjal-3258	190	47	fluctuation	fluctuation	NOUN
cjal-3258	190	48	in	in	ADP
cjal-3258	190	49	the	the	DET
cjal-3258	190	50	secondary	secondary	ADJ
cjal-3258	190	51	market	market	NOUN
cjal-3258	190	52	share	share	NOUN
cjal-3258	190	53	prices	price	NOUN
cjal-3258	190	54	.	.	PUNCT
cjal-3258	191	1	this	this	PRON
cjal-3258	191	2	allowed	allow	VERB
cjal-3258	191	3	them	they	PRON
cjal-3258	191	4	to	to	PART
cjal-3258	191	5	profit	profit	VERB
cjal-3258	191	6	from	from	ADP
cjal-3258	191	7	the	the	DET
cjal-3258	191	8	issuance	issuance	NOUN
cjal-3258	191	9	of	of	ADP
cjal-3258	191	10	new	new	ADJ
cjal-3258	191	11	shares	share	NOUN
cjal-3258	191	12	when	when	SCONJ
cjal-3258	191	13	the	the	DET
cjal-3258	191	14	secondary	secondary	ADJ
cjal-3258	191	15	prices	price	NOUN
cjal-3258	191	16	were	be	AUX
cjal-3258	191	17	overly	overly	ADV
cjal-3258	191	18	inflated	inflate	VERB
cjal-3258	191	19	without	without	ADP
cjal-3258	191	20	the	the	DET
cjal-3258	191	21	corresponding	corresponding	ADJ
cjal-3258	191	22	primary	primary	ADJ
cjal-3258	191	23	market	market	NOUN
cjal-3258	191	24	arbitrage	arbitrage	NOUN
cjal-3258	191	25	risk	risk	NOUN
cjal-3258	191	26	present	present	ADJ
cjal-3258	191	27	in	in	ADP
cjal-3258	191	28	mature	mature	ADJ
cjal-3258	191	29	markets.38	markets.38	NOUN
cjal-3258	191	30	in	in	ADP
cjal-3258	191	31	addition	addition	NOUN
cjal-3258	191	32	,	,	PUNCT
cjal-3258	191	33	the	the	DET
cjal-3258	191	34	lack	lack	NOUN
cjal-3258	191	35	of	of	ADP
cjal-3258	191	36	market	market	NOUN
cjal-3258	191	37	liquidity	liquidity	NOUN
cjal-3258	191	38	and	and	CCONJ
cjal-3258	191	39	overly	overly	ADV
cjal-3258	191	40	speculative	speculative	ADJ
cjal-3258	191	41	climate	climate	NOUN
cjal-3258	191	42	arising	arise	VERB
cjal-3258	191	43	from	from	ADP
cjal-3258	191	44	the	the	DET
cjal-3258	191	45	split	split	ADJ
cjal-3258	191	46	share	share	NOUN
cjal-3258	191	47	structure	structure	NOUN
cjal-3258	191	48	also	also	ADV
cjal-3258	191	49	hurt	hurt	VERB
cjal-3258	191	50	the	the	DET
cjal-3258	191	51	resource	resource	NOUN
cjal-3258	191	52	allocation	allocation	NOUN
cjal-3258	191	53	mechanism	mechanism	NOUN
cjal-3258	191	54	of	of	ADP
cjal-3258	191	55	the	the	DET
cjal-3258	191	56	chinese	chinese	ADJ
cjal-3258	191	57	stock	stock	NOUN
cjal-3258	191	58	market.39	market.39	PROPN
cjal-3258	191	59	the	the	DET
cjal-3258	191	60	third	third	ADJ
cjal-3258	191	61	deficiency	deficiency	NOUN
cjal-3258	191	62	concerns	concern	VERB
cjal-3258	191	63	corporate	corporate	ADJ
cjal-3258	191	64	governance	governance	NOUN
cjal-3258	191	65	.	.	PUNCT
cjal-3258	192	1	the	the	DET
cjal-3258	192	2	split	split	ADJ
cjal-3258	192	3	share	share	NOUN
cjal-3258	192	4	structure	structure	NOUN
cjal-3258	192	5	impeded	impede	VERB
cjal-3258	192	6	the	the	DET
cjal-3258	192	7	development	development	NOUN
cjal-3258	192	8	of	of	ADP
cjal-3258	192	9	both	both	CCONJ
cjal-3258	192	10	a	a	DET
cjal-3258	192	11	scientific	scientific	ADJ
cjal-3258	192	12	evaluation	evaluation	NOUN
cjal-3258	192	13	standard	standard	NOUN
cjal-3258	192	14	and	and	CCONJ
cjal-3258	192	15	an	an	DET
cjal-3258	192	16	effective	effective	ADJ
cjal-3258	192	17	incentive	incentive	NOUN
cjal-3258	192	18	mechanism	mechanism	NOUN
cjal-3258	192	19	.	.	PUNCT
cjal-3258	193	1	40	40	NUM
cjal-3258	193	2	with	with	ADP
cjal-3258	193	3	stock	stock	NOUN
cjal-3258	193	4	prices	price	NOUN
cjal-3258	193	5	in	in	ADP
cjal-3258	193	6	the	the	DET
cjal-3258	193	7	overly	overly	ADV
cjal-3258	193	8	speculative	speculative	ADJ
cjal-3258	193	9	market	market	NOUN
cjal-3258	193	10	inaccurately	inaccurately	ADV
cjal-3258	193	11	reflecting	reflect	VERB
cjal-3258	193	12	the	the	DET
cjal-3258	193	13	company	company	NOUN
cjal-3258	193	14	's	's	PART
cjal-3258	193	15	market	market	NOUN
cjal-3258	193	16	value	value	NOUN
cjal-3258	193	17	,	,	PUNCT
cjal-3258	193	18	the	the	DET
cjal-3258	193	19	only	only	ADJ
cjal-3258	193	20	possible	possible	ADJ
cjal-3258	193	21	means	mean	NOUN
cjal-3258	193	22	of	of	ADP
cjal-3258	193	23	evaluating	evaluate	VERB
cjal-3258	193	24	the	the	DET
cjal-3258	193	25	management	management	NOUN
cjal-3258	193	26	performance	performance	NOUN
cjal-3258	193	27	is	be	AUX
cjal-3258	193	28	its	its	PRON
cjal-3258	193	29	current	current	ADJ
cjal-3258	193	30	profit.41	profit.41	NOUN
cjal-3258	193	31	however	however	ADV
cjal-3258	193	32	,	,	PUNCT
cjal-3258	193	33	the	the	DET
cjal-3258	193	34	fact	fact	NOUN
cjal-3258	193	35	that	that	SCONJ
cjal-3258	193	36	current	current	ADJ
cjal-3258	193	37	profit	profit	NOUN
cjal-3258	193	38	does	do	AUX
cjal-3258	193	39	not	not	PART
cjal-3258	193	40	necessary	necessary	ADJ
cjal-3258	193	41	reflect	reflect	VERB
cjal-3258	193	42	future	future	ADJ
cjal-3258	193	43	profitability	profitability	NOUN
cjal-3258	193	44	and	and	CCONJ
cjal-3258	193	45	development	development	NOUN
cjal-3258	193	46	means	mean	VERB
cjal-3258	193	47	its	its	PRON
cjal-3258	193	48	use	use	NOUN
cjal-3258	193	49	as	as	ADP
cjal-3258	193	50	an	an	DET
cjal-3258	193	51	evaluative	evaluative	ADJ
cjal-3258	193	52	standard	standard	NOUN
cjal-3258	193	53	does	do	AUX
cjal-3258	193	54	not	not	PART
cjal-3258	193	55	support	support	VERB
cjal-3258	193	56	of	of	ADP
cjal-3258	193	57	the	the	DET
cjal-3258	193	58	company	company	NOUN
cjal-3258	193	59	's	's	PART
cjal-3258	193	60	long	long	ADJ
cjal-3258	193	61	term	term	NOUN
cjal-3258	193	62	development	development	NOUN
cjal-3258	193	63	.	.	PUNCT
cjal-3258	194	1	this	this	PRON
cjal-3258	194	2	stands	stand	VERB
cjal-3258	194	3	in	in	ADP
cjal-3258	194	4	contrast	contrast	NOUN
cjal-3258	194	5	to	to	ADP
cjal-3258	194	6	the	the	DET
cjal-3258	194	7	use	use	NOUN
cjal-3258	194	8	of	of	ADP
cjal-3258	194	9	a	a	DET
cjal-3258	194	10	company	company	NOUN
cjal-3258	194	11	's	's	PART
cjal-3258	194	12	market	market	NOUN
cjal-3258	194	13	share	share	NOUN
cjal-3258	194	14	value	value	NOUN
cjal-3258	194	15	,	,	PUNCT
cjal-3258	194	16	which	which	PRON
cjal-3258	194	17	factors	factor	VERB
cjal-3258	194	18	in	in	ADP
cjal-3258	194	19	considerations	consideration	NOUN
cjal-3258	194	20	of	of	ADP
cjal-3258	194	21	both	both	CCONJ
cjal-3258	194	22	current	current	ADJ
cjal-3258	194	23	and	and	CCONJ
cjal-3258	194	24	34	34	NUM
cjal-3258	194	25	1d	1d	NUM
cjal-3258	194	26	.	.	PUNCT
cjal-3258	195	1	at4	at4	PROPN
cjal-3258	195	2	.	.	PUNCT
cjal-3258	195	3	"	"	PUNCT
cjal-3258	196	1	i	i	PRON
cjal-3258	196	2	d.	d.	PROPN
cjal-3258	196	3	at	at	ADP
cjal-3258	196	4	7	7	NUM
cjal-3258	196	5	.	.	NUM
cjal-3258	196	6	36	36	NUM
cjal-3258	197	1	he	he	PRON
cjal-3258	197	2	,	,	PUNCT
cjal-3258	197	3	supra	supra	PROPN
cjal-3258	197	4	note	note	PROPN
cjal-3258	197	5	7	7	NUM
cjal-3258	197	6	,	,	PUNCT
cjal-3258	197	7	at	at	ADP
cjal-3258	197	8	30	30	NUM
cjal-3258	197	9	.	.	PUNCT
cjal-3258	198	1	37	37	NUM
cjal-3258	198	2	see	see	VERB
cjal-3258	198	3	,	,	PUNCT
cjal-3258	198	4	e.g.	e.g.	ADV
cjal-3258	198	5	,	,	PUNCT
cjal-3258	198	6	i	i	PRON
cjal-3258	198	7	d.	d.	VERB
cjal-3258	198	8	at	at	ADP
cjal-3258	198	9	31	31	NUM
cjal-3258	198	10	.	.	PUNCT
cjal-3258	198	11	31	31	NUM
cjal-3258	199	1	i	i	PRON
cjal-3258	199	2	d.	d.	PROPN
cjal-3258	199	3	at	at	ADP
cjal-3258	199	4	32	32	NUM
cjal-3258	199	5	.	.	PUNCT
cjal-3258	199	6	39	39	NUM
cjal-3258	200	1	i	i	PRON
cjal-3258	200	2	d.	d.	NOUN
cjal-3258	200	3	at	at	ADP
cjal-3258	200	4	32	32	NUM
cjal-3258	200	5	-	-	SYM
cjal-3258	200	6	33	33	NUM
cjal-3258	200	7	.	.	PUNCT
cjal-3258	201	1	due	due	ADP
cjal-3258	201	2	to	to	PART
cjal-3258	201	3	transfer	transfer	VERB
cjal-3258	201	4	and	and	CCONJ
cjal-3258	201	5	trading	trading	NOUN
cjal-3258	201	6	restrictions	restriction	NOUN
cjal-3258	201	7	between	between	ADP
cjal-3258	201	8	the	the	DET
cjal-3258	201	9	different	different	ADJ
cjal-3258	201	10	categories	category	NOUN
cjal-3258	201	11	of	of	ADP
cjal-3258	201	12	shares	share	NOUN
cjal-3258	201	13	,	,	PUNCT
cjal-3258	201	14	capital	capital	NOUN
cjal-3258	201	15	could	could	AUX
cjal-3258	201	16	not	not	PART
cjal-3258	201	17	always	always	ADV
cjal-3258	201	18	move	move	VERB
cjal-3258	201	19	from	from	ADP
cjal-3258	201	20	low	low	ADJ
cjal-3258	201	21	-	-	PUNCT
cjal-3258	201	22	yield	yield	NOUN
cjal-3258	201	23	investments	investment	NOUN
cjal-3258	201	24	to	to	ADP
cjal-3258	201	25	high	high	ADJ
cjal-3258	201	26	-	-	PUNCT
cjal-3258	201	27	yield	yield	NOUN
cjal-3258	201	28	investments	investment	NOUN
cjal-3258	201	29	.	.	PUNCT
cjal-3258	202	1	similarly	similarly	ADV
cjal-3258	202	2	,	,	PUNCT
cjal-3258	202	3	the	the	DET
cjal-3258	202	4	over	over	ADV
cjal-3258	202	5	-	-	PUNCT
cjal-3258	202	6	speculative	speculative	ADJ
cjal-3258	202	7	nature	nature	NOUN
cjal-3258	202	8	of	of	ADP
cjal-3258	202	9	the	the	DET
cjal-3258	202	10	market	market	NOUN
cjal-3258	202	11	meant	mean	VERB
cjal-3258	202	12	that	that	SCONJ
cjal-3258	202	13	the	the	DET
cjal-3258	202	14	share	share	NOUN
cjal-3258	202	15	prices	price	NOUN
cjal-3258	202	16	might	might	AUX
cjal-3258	202	17	not	not	PART
cjal-3258	202	18	necessarily	necessarily	ADV
cjal-3258	202	19	reflect	reflect	VERB
cjal-3258	202	20	the	the	DET
cjal-3258	202	21	true	true	ADJ
cjal-3258	202	22	value	value	NOUN
cjal-3258	202	23	of	of	ADP
cjal-3258	202	24	shares	share	NOUN
cjal-3258	202	25	.	.	PUNCT
cjal-3258	203	1	40	40	NUM
cjal-3258	203	2	fs1	fs1	PROPN
cjal-3258	203	3	report	report	NOUN
cjal-3258	203	4	,	,	PUNCT
cjal-3258	203	5	supra	supra	PROPN
cjal-3258	203	6	note	note	PROPN
cjal-3258	203	7	29	29	NUM
cjal-3258	203	8	,	,	PUNCT
cjal-3258	203	9	at	at	ADP
cjal-3258	203	10	9	9	NUM
cjal-3258	203	11	;	;	PUNCT
cjal-3258	203	12	see	see	AUX
cjal-3258	203	13	also	also	ADV
cjal-3258	203	14	guiding	guide	VERB
cjal-3258	203	15	opinions	opinion	NOUN
cjal-3258	203	16	,	,	PUNCT
cjal-3258	203	17	supra	supra	PROPN
cjal-3258	203	18	note	note	NOUN
cjal-3258	203	19	23	23	NUM
cjal-3258	203	20	,	,	PUNCT
cjal-3258	203	21	2	2	NUM
cjal-3258	203	22	.	.	NUM
cjal-3258	203	23	41	41	NUM
cjal-3258	203	24	fsi	fsi	PROPN
cjal-3258	203	25	report	report	NOUN
cjal-3258	203	26	,	,	PUNCT
cjal-3258	203	27	supra	supra	PROPN
cjal-3258	203	28	note	note	PROPN
cjal-3258	203	29	29	29	NUM
cjal-3258	203	30	,	,	PUNCT
cjal-3258	203	31	at	at	ADP
cjal-3258	203	32	9	9	NUM
cjal-3258	203	33	.	.	PUNCT
cjal-3258	203	34	2006	2006	NUM
cjal-3258	203	35	]	]	PUNCT
cjal-3258	203	36	307	307	NUM
cjal-3258	203	37	columbia	columbia	PROPN
cjal-3258	203	38	journal	journal	NOUN
cjal-3258	203	39	of	of	ADP
cjal-3258	203	40	asian	asian	PROPN
cjal-3258	203	41	la	la	PROPN
cjal-3258	203	42	w	w	PROPN
cjal-3258	203	43	future	future	ADJ
cjal-3258	203	44	profitability	profitability	NOUN
cjal-3258	203	45	,	,	PUNCT
cjal-3258	203	46	as	as	ADP
cjal-3258	203	47	an	an	DET
cjal-3258	203	48	evaluative	evaluative	ADJ
cjal-3258	203	49	standard	standard	NOUN
cjal-3258	203	50	in	in	ADP
cjal-3258	203	51	mature	mature	ADJ
cjal-3258	203	52	stock	stock	NOUN
cjal-3258	203	53	markets.42	markets.42	ADP
cjal-3258	203	54	the	the	DET
cjal-3258	203	55	split	split	ADJ
cjal-3258	203	56	share	share	NOUN
cjal-3258	203	57	structure	structure	NOUN
cjal-3258	203	58	also	also	ADV
cjal-3258	203	59	limits	limit	VERB
cjal-3258	203	60	available	available	ADJ
cjal-3258	203	61	management	management	NOUN
cjal-3258	203	62	incentives.43	incentives.43	NOUN
cjal-3258	203	63	the	the	DET
cjal-3258	203	64	average	average	ADJ
cjal-3258	203	65	income	income	NOUN
cjal-3258	203	66	of	of	ADP
cjal-3258	203	67	a	a	DET
cjal-3258	203	68	high	high	ADJ
cjal-3258	203	69	level	level	NOUN
cjal-3258	203	70	manager	manager	NOUN
cjal-3258	203	71	in	in	ADP
cjal-3258	203	72	china	china	PROPN
cjal-3258	203	73	consists	consist	VERB
cjal-3258	203	74	of	of	ADP
cjal-3258	203	75	85	85	NUM
cjal-3258	203	76	%	%	NOUN
cjal-3258	203	77	basic	basic	ADJ
cjal-3258	203	78	salary	salary	NOUN
cjal-3258	203	79	,	,	PUNCT
cjal-3258	203	80	15	15	NUM
cjal-3258	203	81	%	%	NOUN
cjal-3258	203	82	short	short	ADJ
cjal-3258	203	83	-	-	PUNCT
cjal-3258	203	84	term	term	NOUN
cjal-3258	203	85	incentives	incentive	NOUN
cjal-3258	203	86	(	(	PUNCT
cjal-3258	203	87	shares	share	NOUN
cjal-3258	203	88	dividends	dividend	NOUN
cjal-3258	203	89	)	)	PUNCT
cjal-3258	203	90	and	and	CCONJ
cjal-3258	203	91	practically	practically	ADV
cjal-3258	203	92	zero	zero	NUM
cjal-3258	203	93	long	long	ADJ
cjal-3258	203	94	-	-	PUNCT
cjal-3258	203	95	term	term	NOUN
cjal-3258	203	96	incentives	incentive	NOUN
cjal-3258	203	97	(	(	PUNCT
cjal-3258	203	98	stock	stock	NOUN
cjal-3258	203	99	options	option	NOUN
cjal-3258	203	100	)	)	PUNCT
cjal-3258	203	101	.	.	PUNCT
cjal-3258	204	1	this	this	PRON
cjal-3258	204	2	is	be	AUX
cjal-3258	204	3	in	in	ADP
cjal-3258	204	4	sharp	sharp	ADJ
cjal-3258	204	5	contrast	contrast	NOUN
cjal-3258	204	6	with	with	ADP
cjal-3258	204	7	that	that	PRON
cjal-3258	204	8	of	of	ADP
cjal-3258	204	9	the	the	DET
cjal-3258	204	10	u.s	u.s	PROPN
cjal-3258	204	11	.	.	PROPN
cjal-3258	204	12	,	,	PUNCT
cjal-3258	204	13	where	where	SCONJ
cjal-3258	204	14	32	32	NUM
cjal-3258	204	15	%	%	NOUN
cjal-3258	204	16	is	be	AUX
cjal-3258	204	17	basic	basic	ADJ
cjal-3258	204	18	salary	salary	NOUN
cjal-3258	204	19	and	and	CCONJ
cjal-3258	204	20	51	51	NUM
cjal-3258	204	21	%	%	NOUN
cjal-3258	204	22	long	long	ADJ
cjal-3258	204	23	-	-	PUNCT
cjal-3258	204	24	term	term	NOUN
cjal-3258	204	25	incentive	incentive	NOUN
cjal-3258	204	26	,	,	PUNCT
cjal-3258	204	27	or	or	CCONJ
cjal-3258	204	28	even	even	ADV
cjal-3258	204	29	hong	hong	PROPN
cjal-3258	204	30	kong	kong	PROPN
cjal-3258	204	31	,	,	PUNCT
cjal-3258	204	32	where	where	SCONJ
cjal-3258	204	33	52	52	NUM
cjal-3258	204	34	%	%	NOUN
cjal-3258	204	35	is	be	AUX
cjal-3258	204	36	basic	basic	ADJ
cjal-3258	204	37	salary	salary	NOUN
cjal-3258	204	38	and	and	CCONJ
cjal-3258	204	39	27	27	NUM
cjal-3258	204	40	%	%	NOUN
cjal-3258	204	41	long	long	ADJ
cjal-3258	204	42	-	-	PUNCT
cjal-3258	204	43	term	term	NOUN
cjal-3258	204	44	incentive	incentive	NOUN
cjal-3258	204	45	.	.	PUNCT
cjal-3258	205	1	44	44	NUM
cjal-3258	205	2	another	another	DET
cjal-3258	205	3	corporate	corporate	ADJ
cjal-3258	205	4	governance	governance	NOUN
cjal-3258	205	5	problem	problem	NOUN
cjal-3258	205	6	that	that	PRON
cjal-3258	205	7	arises	arise	VERB
cjal-3258	205	8	out	out	ADP
cjal-3258	205	9	of	of	ADP
cjal-3258	205	10	the	the	DET
cjal-3258	205	11	split	split	ADJ
cjal-3258	205	12	share	share	NOUN
cjal-3258	205	13	structure	structure	NOUN
cjal-3258	205	14	is	be	AUX
cjal-3258	205	15	the	the	DET
cjal-3258	205	16	elimination	elimination	NOUN
cjal-3258	205	17	of	of	ADP
cjal-3258	205	18	the	the	DET
cjal-3258	205	19	risk	risk	NOUN
cjal-3258	205	20	of	of	ADP
cjal-3258	205	21	hostile	hostile	ADJ
cjal-3258	205	22	takeovers	takeover	NOUN
cjal-3258	205	23	via	via	ADP
cjal-3258	205	24	the	the	DET
cjal-3258	205	25	stock	stock	NOUN
cjal-3258	205	26	market	market	NOUN
cjal-3258	205	27	.	.	PUNCT
cjal-3258	206	1	the	the	DET
cjal-3258	206	2	threat	threat	NOUN
cjal-3258	206	3	of	of	ADP
cjal-3258	206	4	management	management	NOUN
cjal-3258	206	5	change	change	NOUN
cjal-3258	206	6	following	follow	VERB
cjal-3258	206	7	a	a	DET
cjal-3258	206	8	hostile	hostile	ADJ
cjal-3258	206	9	takeover	takeover	NOUN
cjal-3258	206	10	pressures	pressure	NOUN
cjal-3258	206	11	company	company	NOUN
cjal-3258	206	12	management	management	NOUN
cjal-3258	206	13	to	to	PART
cjal-3258	206	14	work	work	VERB
cjal-3258	206	15	hard	hard	ADV
cjal-3258	206	16	and	and	CCONJ
cjal-3258	206	17	ensures	ensure	VERB
cjal-3258	206	18	good	good	ADJ
cjal-3258	206	19	corporate	corporate	ADJ
cjal-3258	206	20	governance	governance	NOUN
cjal-3258	206	21	.	.	PUNCT
cjal-3258	207	1	this	this	PRON
cjal-3258	207	2	is	be	AUX
cjal-3258	207	3	because	because	SCONJ
cjal-3258	207	4	hostile	hostile	ADJ
cjal-3258	207	5	takeovers	takeover	NOUN
cjal-3258	207	6	are	be	AUX
cjal-3258	207	7	more	more	ADV
cjal-3258	207	8	likely	likely	ADJ
cjal-3258	207	9	to	to	PART
cjal-3258	207	10	take	take	VERB
cjal-3258	207	11	place	place	NOUN
cjal-3258	207	12	when	when	SCONJ
cjal-3258	207	13	share	share	NOUN
cjal-3258	207	14	prices	price	NOUN
cjal-3258	207	15	are	be	AUX
cjal-3258	207	16	low	low	ADJ
cjal-3258	207	17	,	,	PUNCT
cjal-3258	207	18	which	which	PRON
cjal-3258	207	19	is	be	AUX
cjal-3258	207	20	usually	usually	ADV
cjal-3258	207	21	attributed	attribute	VERB
cjal-3258	207	22	to	to	ADP
cjal-3258	207	23	bad	bad	ADJ
cjal-3258	207	24	governance.45	governance.45	NOUN
cjal-3258	207	25	however	however	ADV
cjal-3258	207	26	,	,	PUNCT
cjal-3258	207	27	the	the	DET
cjal-3258	207	28	lack	lack	NOUN
cjal-3258	207	29	of	of	ADP
cjal-3258	207	30	liquidity	liquidity	NOUN
cjal-3258	207	31	of	of	ADP
cjal-3258	207	32	the	the	DET
cjal-3258	207	33	majority	majority	NOUN
cjal-3258	207	34	of	of	ADP
cjal-3258	207	35	shares	share	NOUN
cjal-3258	207	36	means	mean	VERB
cjal-3258	207	37	hostile	hostile	ADJ
cjal-3258	207	38	takeovers	takeover	NOUN
cjal-3258	207	39	do	do	AUX
cjal-3258	207	40	not	not	PART
cjal-3258	207	41	occur	occur	VERB
cjal-3258	207	42	under	under	ADP
cjal-3258	207	43	split	split	ADJ
cjal-3258	207	44	share	share	NOUN
cjal-3258	207	45	structure	structure	NOUN
cjal-3258	207	46	conditions	condition	NOUN
cjal-3258	207	47	.	.	PUNCT
cjal-3258	208	1	as	as	ADP
cjal-3258	208	2	a	a	DET
cjal-3258	208	3	result	result	NOUN
cjal-3258	208	4	,	,	PUNCT
cjal-3258	208	5	the	the	DET
cjal-3258	208	6	pressure	pressure	NOUN
cjal-3258	208	7	on	on	ADP
cjal-3258	208	8	chinese	chinese	ADJ
cjal-3258	208	9	listed	list	VERB
cjal-3258	208	10	companies	company	NOUN
cjal-3258	208	11	'	'	PART
cjal-3258	208	12	management	management	NOUN
cjal-3258	208	13	is	be	AUX
cjal-3258	208	14	less	less	ADJ
cjal-3258	208	15	,	,	PUNCT
cjal-3258	208	16	while	while	SCONJ
cjal-3258	208	17	the	the	DET
cjal-3258	208	18	chance	chance	NOUN
cjal-3258	208	19	of	of	ADP
cjal-3258	208	20	management	management	NOUN
cjal-3258	208	21	slack	slack	NOUN
cjal-3258	208	22	is	be	AUX
cjal-3258	208	23	greater	great	ADJ
cjal-3258	208	24	.	.	PUNCT
cjal-3258	209	1	c.	c.	NOUN
cjal-3258	210	1	the	the	DET
cjal-3258	210	2	implemented	implement	VERB
cjal-3258	210	3	reform	reform	NOUN
cjal-3258	210	4	these	these	DET
cjal-3258	210	5	deficiencies	deficiency	NOUN
cjal-3258	210	6	underlie	underlie	VERB
cjal-3258	210	7	the	the	DET
cjal-3258	210	8	clear	clear	ADJ
cjal-3258	210	9	need	need	NOUN
cjal-3258	210	10	for	for	ADP
cjal-3258	210	11	reform	reform	NOUN
cjal-3258	210	12	.	.	PUNCT
cjal-3258	211	1	the	the	DET
cjal-3258	211	2	"	"	PUNCT
cjal-3258	211	3	provisional	provisional	ADJ
cjal-3258	211	4	measures	measure	NOUN
cjal-3258	211	5	on	on	ADP
cjal-3258	211	6	raising	raise	VERB
cjal-3258	211	7	the	the	DET
cjal-3258	211	8	social	social	ADJ
cjal-3258	211	9	security	security	NOUN
cjal-3258	211	10	funds	fund	NOUN
cjal-3258	211	11	through	through	ADP
cjal-3258	211	12	sales	sale	NOUN
cjal-3258	211	13	of	of	ADP
cjal-3258	211	14	the	the	DET
cjal-3258	211	15	state	state	NOUN
cjal-3258	211	16	-	-	PUNCT
cjal-3258	211	17	owned	own	VERB
cjal-3258	211	18	shares	share	NOUN
cjal-3258	211	19	"	"	PUNCT
cjal-3258	211	20	46	46	NUM
cjal-3258	211	21	were	be	AUX
cjal-3258	211	22	introduced	introduce	VERB
cjal-3258	211	23	in	in	ADP
cjal-3258	211	24	2001	2001	NUM
cjal-3258	211	25	.	.	PUNCT
cjal-3258	212	1	the	the	DET
cjal-3258	212	2	aim	aim	NOUN
cjal-3258	212	3	was	be	AUX
cjal-3258	212	4	to	to	PART
cjal-3258	212	5	reduce	reduce	VERB
cjal-3258	212	6	state	state	NOUN
cjal-3258	212	7	shareholding	shareholding	NOUN
cjal-3258	212	8	through	through	ADP
cjal-3258	212	9	permitting	permit	VERB
cjal-3258	212	10	the	the	DET
cjal-3258	212	11	trade	trade	NOUN
cjal-3258	212	12	of	of	ADP
cjal-3258	212	13	state	state	NOUN
cjal-3258	212	14	shares	share	NOUN
cjal-3258	212	15	on	on	ADP
cjal-3258	212	16	the	the	DET
cjal-3258	212	17	stock	stock	NOUN
cjal-3258	212	18	exchange	exchange	NOUN
cjal-3258	212	19	.	.	PUNCT
cjal-3258	213	1	section	section	NOUN
cjal-3258	213	2	5	5	NUM
cjal-3258	213	3	of	of	ADP
cjal-3258	213	4	these	these	DET
cjal-3258	213	5	measures	measure	NOUN
cjal-3258	213	6	stated	state	VERB
cjal-3258	213	7	that	that	SCONJ
cjal-3258	213	8	companies	company	NOUN
cjal-3258	213	9	with	with	ADP
cjal-3258	213	10	state	state	NOUN
cjal-3258	213	11	shares	share	NOUN
cjal-3258	213	12	should	should	AUX
cjal-3258	213	13	include	include	VERB
cjal-3258	213	14	those	those	DET
cjal-3258	213	15	shares	share	NOUN
cjal-3258	213	16	as	as	ADP
cjal-3258	213	17	10	10	NUM
cjal-3258	213	18	%	%	NOUN
cjal-3258	213	19	of	of	ADP
cjal-3258	213	20	the	the	DET
cjal-3258	213	21	financing	financing	NOUN
cjal-3258	213	22	capital	capital	NOUN
cjal-3258	213	23	when	when	SCONJ
cjal-3258	213	24	they	they	PRON
cjal-3258	213	25	issue	issue	VERB
cjal-3258	213	26	or	or	CCONJ
cjal-3258	213	27	reissue	reissue	VERB
cjal-3258	213	28	shares	share	NOUN
cjal-3258	213	29	to	to	ADP
cjal-3258	213	30	public	public	ADJ
cjal-3258	213	31	investors	investor	NOUN
cjal-3258	213	32	.	.	PUNCT
cjal-3258	214	1	this	this	DET
cjal-3258	214	2	regulation	regulation	NOUN
cjal-3258	214	3	,	,	PUNCT
cjal-3258	214	4	implicitly	implicitly	ADV
cjal-3258	214	5	based	base	VERB
cjal-3258	214	6	on	on	ADP
cjal-3258	214	7	the	the	DET
cjal-3258	214	8	principle	principle	NOUN
cjal-3258	214	9	that	that	SCONJ
cjal-3258	214	10	tradable	tradable	ADJ
cjal-3258	214	11	shares	share	NOUN
cjal-3258	214	12	and	and	CCONJ
cjal-3258	214	13	non	non	ADJ
cjal-3258	214	14	-	-	ADJ
cjal-3258	214	15	tradable	tradable	ADJ
cjal-3258	214	16	shares	share	NOUN
cjal-3258	214	17	enjoy	enjoy	VERB
cjal-3258	214	18	equal	equal	ADJ
cjal-3258	214	19	trading	trading	NOUN
cjal-3258	214	20	rights	right	NOUN
cjal-3258	214	21	,	,	PUNCT
cjal-3258	214	22	was	be	AUX
cjal-3258	214	23	silent	silent	ADJ
cjal-3258	214	24	on	on	ADP
cjal-3258	214	25	any	any	DET
cjal-3258	214	26	compensation	compensation	NOUN
cjal-3258	214	27	to	to	ADP
cjal-3258	214	28	the	the	DET
cjal-3258	214	29	tradable	tradable	ADJ
cjal-3258	214	30	shareholders	shareholder	NOUN
cjal-3258	214	31	.	.	PUNCT
cjal-3258	215	1	the	the	DET
cjal-3258	215	2	stock	stock	NOUN
cjal-3258	215	3	market	market	NOUN
cjal-3258	215	4	reacted	react	VERB
cjal-3258	215	5	violently	violently	ADV
cjal-3258	215	6	to	to	ADP
cjal-3258	215	7	its	its	PRON
cjal-3258	215	8	introduction	introduction	NOUN
cjal-3258	215	9	,	,	PUNCT
cjal-3258	215	10	crashing	crash	VERB
cjal-3258	215	11	from	from	ADP
cjal-3258	215	12	over	over	ADP
cjal-3258	215	13	2200	2200	NUM
cjal-3258	215	14	points	point	NOUN
cjal-3258	215	15	at	at	ADP
cjal-3258	215	16	the	the	DET
cjal-3258	215	17	time	time	NOUN
cjal-3258	215	18	the	the	DET
cjal-3258	215	19	measures	measure	NOUN
cjal-3258	215	20	were	be	AUX
cjal-3258	215	21	adopted	adopt	VERB
cjal-3258	215	22	to	to	ADP
cjal-3258	215	23	around	around	ADP
cjal-3258	215	24	1300	1300	NUM
cjal-3258	215	25	points	point	NOUN
cjal-3258	215	26	when	when	SCONJ
cjal-3258	215	27	they	they	PRON
cjal-3258	215	28	were	be	AUX
cjal-3258	215	29	42	42	NUM
cjal-3258	215	30	i	i	NOUN
cjal-3258	215	31	d.	d.	PROPN
cjal-3258	216	1	43	43	NUM
cjal-3258	217	1	he	he	PRON
cjal-3258	217	2	,	,	PUNCT
cjal-3258	217	3	supra	supra	PROPN
cjal-3258	217	4	note	note	PROPN
cjal-3258	217	5	7	7	NUM
cjal-3258	217	6	,	,	PUNCT
cjal-3258	217	7	at	at	ADP
cjal-3258	217	8	40	40	NUM
cjal-3258	217	9	.	.	PUNCT
cjal-3258	218	1	44id	44id	NOUN
cjal-3258	218	2	.	.	PUNCT
cjal-3258	219	1	at	at	ADP
cjal-3258	219	2	41	41	NUM
cjal-3258	219	3	.	.	PUNCT
cjal-3258	220	1	45	45	NUM
cjal-3258	220	2	huang	huang	PROPN
cjal-3258	220	3	,	,	PUNCT
cjal-3258	220	4	supra	supra	PROPN
cjal-3258	220	5	note	note	PROPN
cjal-3258	220	6	19	19	NUM
cjal-3258	220	7	,	,	PUNCT
cjal-3258	220	8	at	at	ADP
cjal-3258	220	9	172	172	NUM
cjal-3258	220	10	;	;	PUNCT
cjal-3258	220	11	wei	wei	PROPN
cjal-3258	220	12	,	,	PUNCT
cjal-3258	220	13	supra	supra	PROPN
cjal-3258	220	14	note	note	NOUN
cjal-3258	220	15	9	9	NUM
cjal-3258	220	16	,	,	PUNCT
cjal-3258	220	17	at	at	ADP
cjal-3258	220	18	485	485	NUM
cjal-3258	220	19	.	.	PUNCT
cjal-3258	220	20	46	46	NUM
cjal-3258	220	21	7	7	NUM
cjal-3258	220	22	[	[	X
cjal-3258	220	23	interim	interim	ADJ
cjal-3258	220	24	measures	measure	NOUN
cjal-3258	220	25	of	of	ADP
cjal-3258	220	26	the	the	DET
cjal-3258	220	27	state	state	NOUN
cjal-3258	220	28	council	council	NOUN
cjal-3258	220	29	on	on	ADP
cjal-3258	220	30	the	the	DET
cjal-3258	220	31	management	management	NOUN
cjal-3258	220	32	of	of	ADP
cjal-3258	220	33	reducing	reduce	VERB
cjal-3258	220	34	held	hold	VERB
cjal-3258	220	35	state	state	NOUN
cjal-3258	220	36	shares	share	NOUN
cjal-3258	220	37	and	and	CCONJ
cjal-3258	220	38	raising	raise	VERB
cjal-3258	220	39	social	social	ADJ
cjal-3258	220	40	security	security	NOUN
cjal-3258	220	41	funds	fund	NOUN
cjal-3258	220	42	]	]	PUNCT
cjal-3258	220	43	(	(	PUNCT
cjal-3258	220	44	promulgated	promulgate	VERB
cjal-3258	220	45	by	by	ADP
cjal-3258	220	46	the	the	DET
cjal-3258	220	47	st	st	PROPN
cjal-3258	220	48	.	.	PROPN
cjal-3258	220	49	council	council	PROPN
cjal-3258	220	50	,	,	PUNCT
cjal-3258	220	51	june	june	PROPN
cjal-3258	220	52	12	12	NUM
cjal-3258	220	53	,	,	PUNCT
cjal-3258	220	54	2001	2001	NUM
cjal-3258	220	55	,	,	PUNCT
cjal-3258	220	56	effective	effective	ADJ
cjal-3258	220	57	june	june	PROPN
cjal-3258	220	58	12	12	NUM
cjal-3258	220	59	,	,	PUNCT
cjal-3258	220	60	2001	2001	NUM
cjal-3258	220	61	)	)	PUNCT
cjal-3258	220	62	,	,	PUNCT
cjal-3258	220	63	translated	translate	VERB
cjal-3258	220	64	in	in	ADP
cjal-3258	220	65	chinlawinfo	chinlawinfo	NOUN
cjal-3258	220	66	(	(	PUNCT
cjal-3258	220	67	lexis	lexis	NOUN
cjal-3258	220	68	)	)	PUNCT
cjal-3258	220	69	prcleg	prcleg	NOUN
cjal-3258	220	70	1847	1847	NUM
cjal-3258	220	71	.	.	PUNCT
cjal-3258	221	1	308	308	NUM
cjal-3258	222	1	[	[	X
cjal-3258	222	2	20:1	20:1	NUM
cjal-3258	222	3	regulatory	regulatory	ADJ
cjal-3258	222	4	givings	giving	NOUN
cjal-3258	222	5	in	in	ADP
cjal-3258	222	6	china	china	PROPN
cjal-3258	222	7	abruptly	abruptly	ADV
cjal-3258	222	8	suspended	suspend	VERB
cjal-3258	222	9	by	by	ADP
cjal-3258	222	10	the	the	DET
cjal-3258	222	11	relevant	relevant	ADJ
cjal-3258	222	12	authorities	authority	NOUN
cjal-3258	222	13	after	after	ADP
cjal-3258	222	14	only	only	ADV
cjal-3258	222	15	four	four	NUM
cjal-3258	222	16	months.47	months.47	NOUN
cjal-3258	222	17	the	the	DET
cjal-3258	222	18	failure	failure	NOUN
cjal-3258	222	19	of	of	ADP
cjal-3258	222	20	this	this	DET
cjal-3258	222	21	reform	reform	NOUN
cjal-3258	222	22	is	be	AUX
cjal-3258	222	23	attributed	attribute	VERB
cjal-3258	222	24	to	to	ADP
cjal-3258	222	25	three	three	NUM
cjal-3258	222	26	reasons.48	reasons.48	ADJ
cjal-3258	222	27	first	first	ADV
cjal-3258	222	28	,	,	PUNCT
cjal-3258	222	29	it	it	PRON
cjal-3258	222	30	was	be	AUX
cjal-3258	222	31	suspected	suspect	VERB
cjal-3258	222	32	that	that	SCONJ
cjal-3258	222	33	state	state	NOUN
cjal-3258	222	34	shares	share	NOUN
cjal-3258	222	35	were	be	AUX
cjal-3258	222	36	obtaining	obtain	VERB
cjal-3258	222	37	financing	financing	NOUN
cjal-3258	222	38	at	at	ADP
cjal-3258	222	39	a	a	DET
cjal-3258	222	40	premium	premium	NOUN
cjal-3258	222	41	since	since	SCONJ
cjal-3258	222	42	,	,	PUNCT
cjal-3258	222	43	as	as	SCONJ
cjal-3258	222	44	mentioned	mention	VERB
cjal-3258	222	45	above	above	ADV
cjal-3258	222	46	,	,	PUNCT
cjal-3258	222	47	share	share	VERB
cjal-3258	222	48	prices	price	NOUN
cjal-3258	222	49	in	in	ADP
cjal-3258	222	50	the	the	DET
cjal-3258	222	51	stock	stock	NOUN
cjal-3258	222	52	exchange	exchange	NOUN
cjal-3258	222	53	were	be	AUX
cjal-3258	222	54	usually	usually	ADV
cjal-3258	222	55	much	much	ADV
cjal-3258	222	56	higher	high	ADJ
cjal-3258	222	57	than	than	ADP
cjal-3258	222	58	their	their	PRON
cjal-3258	222	59	listed	list	VERB
cjal-3258	222	60	value	value	NOUN
cjal-3258	222	61	.	.	PUNCT
cjal-3258	223	1	second	second	ADJ
cjal-3258	223	2	,	,	PUNCT
cjal-3258	223	3	the	the	DET
cjal-3258	223	4	reissue	reissue	NOUN
cjal-3258	223	5	of	of	ADP
cjal-3258	223	6	shares	share	NOUN
cjal-3258	223	7	usually	usually	ADV
cjal-3258	223	8	came	come	VERB
cjal-3258	223	9	at	at	ADP
cjal-3258	223	10	a	a	DET
cjal-3258	223	11	discount	discount	NOUN
cjal-3258	223	12	.	.	PUNCT
cjal-3258	224	1	this	this	PRON
cjal-3258	224	2	resulted	result	VERB
cjal-3258	224	3	in	in	ADP
cjal-3258	224	4	the	the	DET
cjal-3258	224	5	cost	cost	NOUN
cjal-3258	224	6	of	of	ADP
cjal-3258	224	7	introducing	introduce	VERB
cjal-3258	224	8	new	new	ADJ
cjal-3258	224	9	capital	capital	NOUN
cjal-3258	224	10	actually	actually	ADV
cjal-3258	224	11	being	be	AUX
cjal-3258	224	12	lower	low	ADJ
cjal-3258	224	13	than	than	ADP
cjal-3258	224	14	the	the	DET
cjal-3258	224	15	cost	cost	NOUN
cjal-3258	224	16	of	of	ADP
cjal-3258	224	17	holding	hold	VERB
cjal-3258	224	18	existing	exist	VERB
cjal-3258	224	19	capital	capital	NOUN
cjal-3258	224	20	,	,	PUNCT
cjal-3258	224	21	which	which	PRON
cjal-3258	224	22	led	lead	VERB
cjal-3258	224	23	to	to	ADP
cjal-3258	224	24	heavy	heavy	ADJ
cjal-3258	224	25	selling	selling	NOUN
cjal-3258	224	26	.	.	PUNCT
cjal-3258	225	1	third	third	ADJ
cjal-3258	225	2	,	,	PUNCT
cjal-3258	225	3	the	the	DET
cjal-3258	225	4	reduction	reduction	NOUN
cjal-3258	225	5	of	of	ADP
cjal-3258	225	6	state	state	NOUN
cjal-3258	225	7	shares	share	NOUN
cjal-3258	225	8	in	in	ADP
cjal-3258	225	9	the	the	DET
cjal-3258	225	10	portion	portion	NOUN
cjal-3258	225	11	of	of	ADP
cjal-3258	225	12	10	10	NUM
cjal-3258	225	13	%	%	NOUN
cjal-3258	225	14	of	of	ADP
cjal-3258	225	15	the	the	DET
cjal-3258	225	16	financing	financing	NOUN
cjal-3258	225	17	capital	capital	NOUN
cjal-3258	225	18	was	be	AUX
cjal-3258	225	19	too	too	ADV
cjal-3258	225	20	insignificant	insignificant	ADJ
cjal-3258	225	21	to	to	PART
cjal-3258	225	22	either	either	CCONJ
cjal-3258	225	23	alter	alter	VERB
cjal-3258	225	24	the	the	DET
cjal-3258	225	25	stranglehold	stranglehold	NOUN
cjal-3258	225	26	of	of	ADP
cjal-3258	225	27	majority	majority	NOUN
cjal-3258	225	28	shareholders	shareholder	NOUN
cjal-3258	225	29	on	on	ADP
cjal-3258	225	30	a	a	DET
cjal-3258	225	31	company	company	NOUN
cjal-3258	225	32	or	or	CCONJ
cjal-3258	225	33	materially	materially	ADV
cjal-3258	225	34	improve	improve	VERB
cjal-3258	225	35	its	its	PRON
cjal-3258	225	36	corporate	corporate	ADJ
cjal-3258	225	37	governance	governance	NOUN
cjal-3258	225	38	.	.	PUNCT
cjal-3258	226	1	after	after	ADP
cjal-3258	226	2	the	the	DET
cjal-3258	226	3	failed	fail	VERB
cjal-3258	226	4	reform	reform	NOUN
cjal-3258	226	5	attempt	attempt	NOUN
cjal-3258	226	6	in	in	ADP
cjal-3258	226	7	2001	2001	NUM
cjal-3258	226	8	,	,	PUNCT
cjal-3258	226	9	there	there	PRON
cjal-3258	226	10	was	be	VERB
cjal-3258	226	11	a	a	DET
cjal-3258	226	12	temporary	temporary	ADJ
cjal-3258	226	13	lull	lull	NOUN
cjal-3258	226	14	in	in	ADP
cjal-3258	226	15	reform	reform	NOUN
cjal-3258	226	16	activities	activity	NOUN
cjal-3258	226	17	.	.	PUNCT
cjal-3258	227	1	however	however	ADV
cjal-3258	227	2	,	,	PUNCT
cjal-3258	227	3	the	the	DET
cjal-3258	227	4	chinese	chinese	ADJ
cjal-3258	227	5	stock	stock	NOUN
cjal-3258	227	6	market	market	NOUN
cjal-3258	227	7	continued	continue	VERB
cjal-3258	227	8	to	to	PART
cjal-3258	227	9	perform	perform	VERB
cjal-3258	227	10	poorly	poorly	ADV
cjal-3258	227	11	.	.	PUNCT
cjal-3258	228	1	for	for	ADP
cjal-3258	228	2	example	example	NOUN
cjal-3258	228	3	,	,	PUNCT
cjal-3258	228	4	in	in	ADP
cjal-3258	228	5	sharp	sharp	ADJ
cjal-3258	228	6	contrast	contrast	NOUN
cjal-3258	228	7	with	with	ADP
cjal-3258	228	8	the	the	DET
cjal-3258	228	9	high	high	ADJ
cjal-3258	228	10	gross	gross	ADJ
cjal-3258	228	11	domestic	domestic	ADJ
cjal-3258	228	12	product	product	NOUN
cjal-3258	228	13	growth	growth	NOUN
cjal-3258	228	14	rate	rate	NOUN
cjal-3258	228	15	,	,	PUNCT
cjal-3258	228	16	which	which	PRON
cjal-3258	228	17	has	have	AUX
cjal-3258	228	18	steadily	steadily	ADV
cjal-3258	228	19	increased	increase	VERB
cjal-3258	228	20	since	since	SCONJ
cjal-3258	228	21	recovering	recover	VERB
cjal-3258	228	22	from	from	ADP
cjal-3258	228	23	the	the	DET
cjal-3258	228	24	2001	2001	NUM
cjal-3258	228	25	economic	economic	ADJ
cjal-3258	228	26	recession	recession	NOUN
cjal-3258	228	27	,	,	PUNCT
cjal-3258	228	28	financing	financing	NOUN
cjal-3258	228	29	from	from	ADP
cjal-3258	228	30	stock	stock	NOUN
cjal-3258	228	31	exchanges	exchange	NOUN
cjal-3258	228	32	actually	actually	ADV
cjal-3258	228	33	continuously	continuously	ADV
cjal-3258	228	34	and	and	CCONJ
cjal-3258	228	35	significantly	significantly	ADV
cjal-3258	228	36	declined	decline	VERB
cjal-3258	228	37	from	from	ADP
cjal-3258	228	38	rmb	rmb	PROPN
cjal-3258	228	39	1169.77	1169.77	NUM
cjal-3258	228	40	billion	billion	NUM
cjal-3258	228	41	to	to	PART
cjal-3258	228	42	rmb	rmb	VERB
cjal-3258	228	43	497.6	497.6	NUM
cjal-3258	228	44	billion	billion	NUM
cjal-3258	228	45	over	over	ADP
cjal-3258	228	46	the	the	DET
cjal-3258	228	47	same	same	ADJ
cjal-3258	228	48	period.49	period.49	NOUN
cjal-3258	228	49	similarly	similarly	ADV
cjal-3258	228	50	,	,	PUNCT
cjal-3258	228	51	the	the	DET
cjal-3258	228	52	asset	asset	NOUN
cjal-3258	228	53	return	return	NOUN
cjal-3258	228	54	rate	rate	NOUN
cjal-3258	228	55	has	have	AUX
cjal-3258	228	56	steadily	steadily	ADV
cjal-3258	228	57	declined	decline	VERB
cjal-3258	228	58	since	since	SCONJ
cjal-3258	228	59	1995	1995	NUM
cjal-3258	228	60	and	and	CCONJ
cjal-3258	228	61	only	only	ADV
cjal-3258	228	62	slightly	slightly	ADV
cjal-3258	228	63	rebounded	rebound	VERB
cjal-3258	228	64	over	over	ADP
cjal-3258	228	65	the	the	DET
cjal-3258	228	66	past	past	ADJ
cjal-3258	228	67	two	two	NUM
cjal-3258	228	68	years	year	NOUN
cjal-3258	228	69	of	of	ADP
cjal-3258	228	70	economic	economic	ADJ
cjal-3258	228	71	overheating.50	overheating.50	PROPN
cjal-3258	228	72	the	the	DET
cjal-3258	228	73	failure	failure	NOUN
cjal-3258	228	74	of	of	ADP
cjal-3258	228	75	other	other	ADJ
cjal-3258	228	76	policies	policy	NOUN
cjal-3258	228	77	as	as	SCONJ
cjal-3258	228	78	solutions	solution	NOUN
cjal-3258	228	79	inevitably	inevitably	ADV
cjal-3258	228	80	forced	force	VERB
cjal-3258	228	81	the	the	DET
cjal-3258	228	82	split	split	ADJ
cjal-3258	228	83	share	share	NOUN
cjal-3258	228	84	structure	structure	NOUN
cjal-3258	228	85	back	back	ADV
cjal-3258	228	86	to	to	ADP
cjal-3258	228	87	the	the	DET
cjal-3258	228	88	center	center	ADJ
cjal-3258	228	89	stage	stage	NOUN
cjal-3258	228	90	of	of	ADP
cjal-3258	228	91	reform.5	reform.5	NOUN
cjal-3258	228	92	'	'	PUNCT
cjal-3258	228	93	reform	reform	NOUN
cjal-3258	228	94	was	be	AUX
cjal-3258	228	95	again	again	ADV
cjal-3258	228	96	attempted	attempt	VERB
cjal-3258	228	97	in	in	ADP
cjal-3258	228	98	may	may	PROPN
cjal-3258	228	99	2005	2005	NUM
cjal-3258	228	100	.	.	PUNCT
cjal-3258	229	1	four	four	NUM
cjal-3258	229	2	companies	company	NOUN
cjal-3258	229	3	were	be	AUX
cjal-3258	229	4	selected	select	VERB
cjal-3258	229	5	to	to	PART
cjal-3258	229	6	undergo	undergo	VERB
cjal-3258	229	7	trial	trial	NOUN
cjal-3258	229	8	split	split	VERB
cjal-3258	229	9	share	share	NOUN
cjal-3258	229	10	structure	structure	NOUN
cjal-3258	229	11	reform,52	reform,52	PROPN
cjal-3258	229	12	followed	follow	VERB
cjal-3258	229	13	in	in	ADP
cjal-3258	229	14	june	june	PROPN
cjal-3258	229	15	by	by	ADP
cjal-3258	229	16	a	a	DET
cjal-3258	229	17	second	second	ADJ
cjal-3258	229	18	trial	trial	NOUN
cjal-3258	229	19	round	round	NOUN
cjal-3258	229	20	,	,	PUNCT
cjal-3258	229	21	which	which	PRON
cjal-3258	229	22	included	include	VERB
cjal-3258	229	23	42	42	NUM
cjal-3258	229	24	companies.53	companies.53	NOUN
cjal-3258	229	25	the	the	DET
cjal-3258	229	26	relatively	relatively	ADV
cjal-3258	229	27	47	47	NUM
cjal-3258	229	28	see	see	VERB
cjal-3258	229	29	zjiii",k	zjiii",k	PROPN
cjal-3258	229	30	&	&	CCONJ
cjal-3258	229	31	e*n	e*n	PROPN
cjal-3258	229	32	,	,	PUNCT
cjal-3258	229	33	$	$	SYM
cjal-3258	229	34	ij	ij	NOUN
cjal-3258	229	35	fjg1	fjg1	PROPN
cjal-3258	229	36	t	t	PROPN
cjal-3258	229	37	,	,	PUNCT
cjal-3258	229	38	8	8	PROPN
cjal-3258	229	39	*	*	SYM
cjal-3258	229	40	5v	5v	NOUN
cjal-3258	229	41	*	*	PUNCT
cjal-3258	229	42	3rja	3rja	NUM
cjal-3258	229	43	tfi	tfi	NOUN
cjal-3258	230	1	[	[	X
cjal-3258	230	2	liu	liu	PROPN
cjal-3258	230	3	dahong	dahong	PROPN
cjal-3258	230	4	&	&	CCONJ
cjal-3258	230	5	li	li	PROPN
cjal-3258	230	6	huazhen	huazhen	PROPN
cjal-3258	230	7	,	,	PUNCT
cjal-3258	230	8	research	research	NOUN
cjal-3258	230	9	of	of	ADP
cjal-3258	230	10	institutional	institutional	ADJ
cjal-3258	230	11	innovation	innovation	NOUN
cjal-3258	230	12	in	in	ADP
cjal-3258	230	13	china	china	PROPN
cjal-3258	230	14	's	's	PART
cjal-3258	230	15	stock	stock	NOUN
cjal-3258	230	16	market	market	NOUN
cjal-3258	230	17	in	in	ADP
cjal-3258	230	18	the	the	DET
cjal-3258	230	19	double	double	ADJ
cjal-3258	230	20	domains	domain	NOUN
cjal-3258	230	21	of	of	ADP
cjal-3258	230	22	law	law	NOUN
cjal-3258	230	23	and	and	CCONJ
cjal-3258	230	24	economics	economic	NOUN
cjal-3258	230	25	]	]	PUNCT
cjal-3258	230	26	(	(	PUNCT
cjal-3258	230	27	2005	2005	NUM
cjal-3258	230	28	)	)	PUNCT
cjal-3258	230	29	,	,	PUNCT
cjal-3258	230	30	http://article.chinalawinfo.com/article/user/article-display.asp?articleld=29525	http://article.chinalawinfo.com/article/user/article-display.asp?articleld=29525	X
cjal-3258	230	31	(	(	PUNCT
cjal-3258	230	32	last	last	ADV
cjal-3258	230	33	visited	visit	VERB
cjal-3258	230	34	oct	oct	PROPN
cjal-3258	230	35	.	.	PROPN
cjal-3258	230	36	31	31	NUM
cjal-3258	230	37	,	,	PUNCT
cjal-3258	230	38	2006	2006	NUM
cjal-3258	230	39	)	)	PUNCT
cjal-3258	230	40	;	;	PUNCT
cjal-3258	230	41	see	see	VERB
cjal-3258	230	42	also	also	ADV
cjal-3258	230	43	fsi	fsi	PROPN
cjal-3258	230	44	report	report	NOUN
cjal-3258	230	45	,	,	PUNCT
cjal-3258	230	46	supra	supra	PROPN
cjal-3258	230	47	note	note	PROPN
cjal-3258	230	48	29	29	NUM
cjal-3258	230	49	,	,	PUNCT
cjal-3258	230	50	at	at	ADP
cjal-3258	230	51	57	57	NUM
cjal-3258	230	52	.	.	PUNCT
cjal-3258	231	1	48	48	NUM
cjal-3258	231	2	he	he	PRON
cjal-3258	231	3	,	,	PUNCT
cjal-3258	231	4	supra	supra	PROPN
cjal-3258	231	5	note	note	PROPN
cjal-3258	231	6	7	7	NUM
cjal-3258	231	7	,	,	PUNCT
cjal-3258	231	8	at	at	ADP
cjal-3258	231	9	12	12	NUM
cjal-3258	231	10	.	.	PUNCT
cjal-3258	231	11	49	49	NUM
cjal-3258	232	1	i	i	PRON
cjal-3258	232	2	d.	d.	PROPN
cjal-3258	232	3	at	at	ADP
cjal-3258	232	4	26	26	NUM
cjal-3258	232	5	.	.	PUNCT
cjal-3258	233	1	50	50	NUM
cjal-3258	233	2	i	i	PRON
cjal-3258	233	3	d.	d.	NOUN
cjal-3258	233	4	at	at	ADP
cjal-3258	233	5	32	32	NUM
cjal-3258	233	6	.	.	PUNCT
cjal-3258	233	7	"	"	PUNCT
cjal-3258	234	1	i	i	PRON
cjal-3258	234	2	d.	d.	PROPN
cjal-3258	234	3	at	at	ADP
cjal-3258	234	4	13	13	NUM
cjal-3258	234	5	.	.	PUNCT
cjal-3258	235	1	5[notice	5[notice	NUM
cjal-3258	235	2	of	of	ADP
cjal-3258	235	3	the	the	DET
cjal-3258	235	4	china	china	PROPN
cjal-3258	235	5	securities	securities	PROPN
cjal-3258	235	6	regulatory	regulatory	PROPN
cjal-3258	235	7	commission	commission	PROPN
cjal-3258	235	8	on	on	ADP
cjal-3258	235	9	piloting	pilot	VERB
cjal-3258	235	10	the	the	DET
cjal-3258	235	11	share	share	NOUN
cjal-3258	235	12	-	-	PUNCT
cjal-3258	235	13	trading	trading	NOUN
cjal-3258	235	14	reform	reform	NOUN
cjal-3258	235	15	of	of	ADP
cjal-3258	235	16	listed	list	VERB
cjal-3258	235	17	companies	company	NOUN
cjal-3258	235	18	]	]	PUNCT
cjal-3258	235	19	(	(	PUNCT
cjal-3258	235	20	promulgated	promulgate	VERB
cjal-3258	235	21	by	by	ADP
cjal-3258	235	22	china	china	PROPN
cjal-3258	235	23	securities	securities	PROPN
cjal-3258	235	24	regulatory	regulatory	ADJ
cjal-3258	235	25	comm	comm	NOUN
cjal-3258	235	26	.	.	PUNCT
cjal-3258	235	27	,	,	PUNCT
cjal-3258	235	28	apr	apr	PROPN
cjal-3258	235	29	.	.	PROPN
cjal-3258	235	30	29	29	NUM
cjal-3258	235	31	,	,	PUNCT
cjal-3258	235	32	2005	2005	NUM
cjal-3258	235	33	,	,	PUNCT
cjal-3258	235	34	effective	effective	ADJ
cjal-3258	235	35	apr	apr	NOUN
cjal-3258	235	36	.	.	PROPN
cjal-3258	235	37	29	29	NUM
cjal-3258	235	38	,	,	PUNCT
cjal-3258	235	39	2005	2005	NUM
cjal-3258	235	40	,	,	PUNCT
cjal-3258	235	41	repealed	repeal	VERB
cjal-3258	235	42	sep	sep	PROPN
cjal-3258	235	43	.	.	PROPN
cjal-3258	236	1	4	4	NUM
cjal-3258	236	2	,	,	PUNCT
cjal-3258	236	3	2005	2005	NUM
cjal-3258	236	4	)	)	PUNCT
cjal-3258	237	1	,	,	PUNCT
cjal-3258	237	2	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=58138	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=58138	PROPN
cjal-3258	237	3	(	(	PUNCT
cjal-3258	237	4	last	last	ADJ
cjal-3258	237	5	visited	visit	VERB
cjal-3258	237	6	apr	apr	NOUN
cjal-3258	237	7	.	.	PROPN
cjal-3258	237	8	18	18	NUM
cjal-3258	237	9	,	,	PUNCT
cjal-3258	237	10	2006	2006	NUM
cjal-3258	237	11	)	)	PUNCT
cjal-3258	237	12	.	.	PUNCT
cjal-3258	238	1	5	5	NUM
cjal-3258	238	2	3	3	NUM
cjal-3258	238	3	)	)	PUNCT
cjal-3258	238	4	0	0	NUM
cjal-3258	239	1	_	_	PRON
cjal-3258	239	2	.-rv	.-rv	PUNCT
cjal-3258	240	1	*	*	PUNCT
cjal-3258	240	2	a	a	DET
cjal-3258	240	3	t	t	PROPN
cjal-3258	240	4	p)tm	p)tm	PROPN
cjal-3258	240	5	,	,	PUNCT
cjal-3258	240	6	a0	a0	NOUN
cjal-3258	241	1	[	[	X
cjal-3258	241	2	notice	notice	NOUN
cjal-3258	241	3	of	of	ADP
cjal-3258	241	4	the	the	DET
cjal-3258	241	5	china	china	PROPN
cjal-3258	241	6	securities	securities	PROPN
cjal-3258	241	7	regulatory	regulatory	PROPN
cjal-3258	241	8	commission	commission	NOUN
cjal-3258	241	9	on	on	ADP
cjal-3258	241	10	the	the	DET
cjal-3258	241	11	ensuring	ensure	VERB
cjal-3258	241	12	the	the	DET
cjal-3258	241	13	successful	successful	ADJ
cjal-3258	241	14	second	second	ADJ
cjal-3258	241	15	trial	trial	NOUN
cjal-3258	241	16	of	of	ADP
cjal-3258	241	17	split	split	ADJ
cjal-3258	241	18	share	share	NOUN
cjal-3258	241	19	structure	structure	NOUN
cjal-3258	241	20	reform	reform	NOUN
cjal-3258	241	21	of	of	ADP
cjal-3258	241	22	listed	list	VERB
cjal-3258	241	23	companies	company	NOUN
cjal-3258	241	24	]	]	PUNCT
cjal-3258	241	25	(	(	PUNCT
cjal-3258	241	26	promulgated	promulgate	VERB
cjal-3258	241	27	by	by	ADP
cjal-3258	241	28	china	china	PROPN
cjal-3258	241	29	securities	securities	PROPN
cjal-3258	241	30	regulatory	regulatory	ADJ
cjal-3258	241	31	comm	comm	NOUN
cjal-3258	241	32	.	.	PUNCT
cjal-3258	241	33	,	,	PUNCT
cjal-3258	241	34	may	may	AUX
cjal-3258	241	35	31	31	NUM
cjal-3258	241	36	,	,	PUNCT
cjal-3258	241	37	2005	2005	NUM
cjal-3258	241	38	,	,	PUNCT
cjal-3258	241	39	effective	effective	ADJ
cjal-3258	241	40	may	may	PROPN
cjal-3258	241	41	31	31	NUM
cjal-3258	241	42	,	,	PUNCT
cjal-3258	241	43	2005	2005	NUM
cjal-3258	241	44	,	,	PUNCT
cjal-3258	241	45	repealed	repeal	VERB
cjal-3258	241	46	sep	sep	PROPN
cjal-3258	241	47	.	.	PROPN
cjal-3258	242	1	4	4	NUM
cjal-3258	242	2	,	,	PUNCT
cjal-3258	242	3	2005	2005	NUM
cjal-3258	242	4	)	)	PUNCT
cjal-3258	242	5	,	,	PUNCT
cjal-3258	242	6	available	available	ADJ
cjal-3258	242	7	at	at	ADP
cjal-3258	242	8	2006	2006	NUM
cjal-3258	242	9	]	]	PUNCT
cjal-3258	242	10	309	309	NUM
cjal-3258	242	11	columbia	columbia	PROPN
cjal-3258	242	12	journal	journal	PROPN
cjal-3258	242	13	of	of	ADP
cjal-3258	242	14	asian	asian	PROPN
cjal-3258	242	15	la	la	PROPN
cjal-3258	242	16	w	w	PROPN
cjal-3258	242	17	smooth	smooth	ADJ
cjal-3258	242	18	and	and	CCONJ
cjal-3258	242	19	successful	successful	ADJ
cjal-3258	242	20	completion	completion	NOUN
cjal-3258	242	21	of	of	ADP
cjal-3258	242	22	these	these	DET
cjal-3258	242	23	trials	trial	NOUN
cjal-3258	242	24	led	lead	VERB
cjal-3258	242	25	to	to	ADP
cjal-3258	242	26	the	the	DET
cjal-3258	242	27	"	"	PUNCT
cjal-3258	242	28	guidance	guidance	NOUN
cjal-3258	242	29	opinions	opinion	NOUN
cjal-3258	242	30	on	on	ADP
cjal-3258	242	31	the	the	DET
cjal-3258	242	32	split	split	ADJ
cjal-3258	242	33	share	share	NOUN
cjal-3258	242	34	structure	structure	NOUN
cjal-3258	242	35	reform	reform	NOUN
cjal-3258	242	36	of	of	ADP
cjal-3258	242	37	listed	list	VERB
cjal-3258	242	38	companies	company	NOUN
cjal-3258	242	39	"	"	PUNCT
cjal-3258	242	40	'	'	NUM
cjal-3258	242	41	54	54	NUM
cjal-3258	242	42	and	and	CCONJ
cjal-3258	242	43	"	"	PUNCT
cjal-3258	242	44	administrative	administrative	ADJ
cjal-3258	242	45	measures	measure	NOUN
cjal-3258	242	46	on	on	ADP
cjal-3258	242	47	the	the	DET
cjal-3258	242	48	split	split	ADJ
cjal-3258	242	49	share	share	NOUN
cjal-3258	242	50	structure	structure	NOUN
cjal-3258	242	51	reform	reform	NOUN
cjal-3258	242	52	of	of	ADP
cjal-3258	242	53	listed	list	VERB
cjal-3258	242	54	companies	company	NOUN
cjal-3258	242	55	"	"	PUNCT
cjal-3258	242	56	'	'	PUNCT
cjal-3258	242	57	55	55	NUM
cjal-3258	242	58	in	in	ADP
cjal-3258	242	59	september	september	PROPN
cjal-3258	242	60	2005	2005	NUM
cjal-3258	242	61	,	,	PUNCT
cjal-3258	242	62	which	which	PRON
cjal-3258	242	63	officially	officially	ADV
cjal-3258	242	64	began	begin	VERB
cjal-3258	242	65	the	the	DET
cjal-3258	242	66	full	full	ADJ
cjal-3258	242	67	-	-	PUNCT
cjal-3258	242	68	scale	scale	NOUN
cjal-3258	242	69	implementation	implementation	NOUN
cjal-3258	242	70	of	of	ADP
cjal-3258	242	71	the	the	DET
cjal-3258	242	72	reform	reform	NOUN
cjal-3258	242	73	.	.	PUNCT
cjal-3258	243	1	the	the	DET
cjal-3258	243	2	guiding	guide	VERB
cjal-3258	243	3	principle	principle	NOUN
cjal-3258	243	4	behind	behind	ADP
cjal-3258	243	5	this	this	DET
cjal-3258	243	6	reform	reform	NOUN
cjal-3258	243	7	is	be	AUX
cjal-3258	243	8	"	"	PUNCT
cjal-3258	243	9	respect	respect	NOUN
cjal-3258	243	10	of	of	ADP
cjal-3258	243	11	the	the	DET
cjal-3258	243	12	market	market	NOUN
cjal-3258	243	13	order	order	NOUN
cjal-3258	243	14	,	,	PUNCT
cjal-3258	243	15	promoting	promote	VERB
cjal-3258	243	16	of	of	ADP
cjal-3258	243	17	the	the	DET
cjal-3258	243	18	market	market	NOUN
cjal-3258	243	19	's	's	PART
cjal-3258	243	20	stability	stability	NOUN
cjal-3258	243	21	and	and	CCONJ
cjal-3258	243	22	development	development	NOUN
cjal-3258	243	23	;	;	PUNCT
cjal-3258	243	24	and	and	CCONJ
cjal-3258	243	25	safeguards	safeguard	NOUN
cjal-3258	243	26	of	of	ADP
cjal-3258	243	27	the	the	DET
cjal-3258	243	28	investors	investor	NOUN
cjal-3258	243	29	'	'	PART
cjal-3258	243	30	legal	legal	ADJ
cjal-3258	243	31	rights	right	NOUN
cjal-3258	243	32	,	,	PUNCT
cjal-3258	243	33	especially	especially	ADV
cjal-3258	243	34	that	that	PRON
cjal-3258	243	35	of	of	ADP
cjal-3258	243	36	the	the	DET
cjal-3258	243	37	public	public	ADJ
cjal-3258	243	38	investors	investor	NOUN
cjal-3258	243	39	.	.	PUNCT
cjal-3258	243	40	"	"	PUNCT
cjal-3258	244	1	5	5	NUM
cjal-3258	244	2	6	6	NUM
cjal-3258	244	3	reform	reform	NOUN
cjal-3258	244	4	must	must	AUX
cjal-3258	244	5	be	be	AUX
cjal-3258	244	6	market	market	NOUN
cjal-3258	244	7	-	-	PUNCT
cjal-3258	244	8	oriented	orient	VERB
cjal-3258	244	9	with	with	ADP
cjal-3258	244	10	an	an	DET
cjal-3258	244	11	emphasis	emphasis	NOUN
cjal-3258	244	12	on	on	ADP
cjal-3258	244	13	creating	create	VERB
cjal-3258	244	14	a	a	DET
cjal-3258	244	15	market	market	NOUN
cjal-3258	244	16	mechanism	mechanism	NOUN
cjal-3258	244	17	conducive	conducive	ADJ
cjal-3258	244	18	to	to	ADP
cjal-3258	244	19	proactive	proactive	ADJ
cjal-3258	244	20	resolution	resolution	NOUN
cjal-3258	244	21	of	of	ADP
cjal-3258	244	22	the	the	DET
cjal-3258	244	23	split	split	ADJ
cjal-3258	244	24	share	share	NOUN
cjal-3258	244	25	structure	structure	NOUN
cjal-3258	244	26	problem.57	problem.57	ADV
cjal-3258	244	27	under	under	ADP
cjal-3258	244	28	the	the	DET
cjal-3258	244	29	implemented	implement	VERB
cjal-3258	244	30	reform	reform	NOUN
cjal-3258	244	31	,	,	PUNCT
cjal-3258	244	32	the	the	DET
cjal-3258	244	33	process	process	NOUN
cjal-3258	244	34	for	for	ADP
cjal-3258	244	35	trading	trade	VERB
cjal-3258	244	36	these	these	DET
cjal-3258	244	37	nontradable	nontradable	ADJ
cjal-3258	244	38	shares	share	NOUN
cjal-3258	244	39	is	be	AUX
cjal-3258	244	40	essentially	essentially	ADV
cjal-3258	244	41	contractual	contractual	ADJ
cjal-3258	244	42	in	in	ADP
cjal-3258	244	43	nature	nature	NOUN
cjal-3258	244	44	.	.	PUNCT
cjal-3258	245	1	the	the	DET
cjal-3258	245	2	non	non	ADJ
cjal-3258	245	3	-	-	ADJ
cjal-3258	245	4	tradable	tradable	ADJ
cjal-3258	245	5	shareholders	shareholder	NOUN
cjal-3258	245	6	of	of	ADP
cjal-3258	245	7	listed	list	VERB
cjal-3258	245	8	companies	company	NOUN
cjal-3258	245	9	shall	shall	AUX
cjal-3258	245	10	seek	seek	VERB
cjal-3258	245	11	the	the	DET
cjal-3258	245	12	opinions	opinion	NOUN
cjal-3258	245	13	of	of	ADP
cjal-3258	245	14	the	the	DET
cjal-3258	245	15	relevant	relevant	ADJ
cjal-3258	245	16	tradable	tradable	ADJ
cjal-3258	245	17	shareholders	shareholder	NOUN
cjal-3258	245	18	in	in	ADP
cjal-3258	245	19	the	the	DET
cjal-3258	245	20	'	'	PUNCT
cjal-3258	245	21	a	a	DET
cjal-3258	245	22	'	'	PUNCT
cjal-3258	245	23	stock	stock	NOUN
cjal-3258	245	24	exchange	exchange	NOUN
cjal-3258	245	25	when	when	SCONJ
cjal-3258	245	26	drawing	draw	VERB
cjal-3258	245	27	up	up	ADP
cjal-3258	245	28	the	the	DET
cjal-3258	245	29	trading	trading	NOUN
cjal-3258	245	30	proposal58	proposal58	NOUN
cjal-3258	245	31	most	most	ADV
cjal-3258	245	32	suitable	suitable	ADJ
cjal-3258	245	33	to	to	ADP
cjal-3258	245	34	the	the	DET
cjal-3258	245	35	company	company	NOUN
cjal-3258	245	36	's	's	PART
cjal-3258	245	37	actual	actual	ADJ
cjal-3258	245	38	circumstances	circumstance	NOUN
cjal-3258	245	39	.	.	PUNCT
cjal-3258	246	1	the	the	DET
cjal-3258	246	2	reform	reform	NOUN
cjal-3258	246	3	proposal	proposal	NOUN
cjal-3258	246	4	shall	shall	AUX
cjal-3258	246	5	be	be	AUX
cjal-3258	246	6	approved	approve	VERB
cjal-3258	246	7	by	by	ADP
cjal-3258	246	8	the	the	DET
cjal-3258	246	9	relevant	relevant	ADJ
cjal-3258	246	10	'	'	PUNCT
cjal-3258	246	11	a	a	DET
cjal-3258	246	12	stock	stock	NOUN
cjal-3258	246	13	'	'	PART
cjal-3258	246	14	shareholders	shareholder	NOUN
cjal-3258	246	15	by	by	ADP
cjal-3258	246	16	class	class	NOUN
cjal-3258	246	17	voting	voting	NOUN
cjal-3258	246	18	in	in	ADP
cjal-3258	246	19	accordance	accordance	NOUN
cjal-3258	246	20	with	with	ADP
cjal-3258	246	21	shareholder	shareholder	NOUN
cjal-3258	246	22	meeting	meeting	NOUN
cjal-3258	246	23	procedures.59	procedures.59	NOUN
cjal-3258	246	24	this	this	PRON
cjal-3258	246	25	is	be	AUX
cjal-3258	246	26	essentially	essentially	ADV
cjal-3258	246	27	an	an	DET
cjal-3258	246	28	agreement	agreement	NOUN
cjal-3258	246	29	made	make	VERB
cjal-3258	246	30	between	between	ADP
cjal-3258	246	31	the	the	DET
cjal-3258	246	32	different	different	ADJ
cjal-3258	246	33	classes	class	NOUN
cjal-3258	246	34	of	of	ADP
cjal-3258	246	35	shareholders	shareholder	NOUN
cjal-3258	246	36	.	.	PUNCT
cjal-3258	247	1	there	there	PRON
cjal-3258	247	2	is	be	VERB
cjal-3258	247	3	no	no	DET
cjal-3258	247	4	fixed	fix	VERB
cjal-3258	247	5	formula	formula	NOUN
cjal-3258	247	6	for	for	ADP
cjal-3258	247	7	trading	trade	VERB
cjal-3258	247	8	consideration	consideration	NOUN
cjal-3258	247	9	any	any	DET
cjal-3258	247	10	price	price	NOUN
cjal-3258	247	11	is	be	AUX
cjal-3258	247	12	sufficient	sufficient	ADJ
cjal-3258	247	13	as	as	ADV
cjal-3258	247	14	long	long	ADV
cjal-3258	247	15	as	as	SCONJ
cjal-3258	247	16	the	the	DET
cjal-3258	247	17	shareholders	shareholder	NOUN
cjal-3258	247	18	come	come	VERB
cjal-3258	247	19	to	to	ADP
cjal-3258	247	20	an	an	DET
cjal-3258	247	21	agreement	agreement	NOUN
cjal-3258	247	22	.	.	PUNCT
cjal-3258	248	1	nevertheless	nevertheless	ADV
cjal-3258	248	2	,	,	PUNCT
cjal-3258	248	3	the	the	DET
cjal-3258	248	4	use	use	NOUN
cjal-3258	248	5	of	of	ADP
cjal-3258	248	6	consideration	consideration	NOUN
cjal-3258	248	7	to	to	PART
cjal-3258	248	8	balance	balance	VERB
cjal-3258	248	9	the	the	DET
cjal-3258	248	10	interests	interest	NOUN
cjal-3258	248	11	of	of	ADP
cjal-3258	248	12	shareholders	shareholder	NOUN
cjal-3258	248	13	is	be	AUX
cjal-3258	248	14	officially	officially	ADV
cjal-3258	248	15	encouraged	encourage	VERB
cjal-3258	248	16	.	.	PUNCT
cjal-3258	249	1	60	60	NUM
cjal-3258	249	2	the	the	DET
cjal-3258	249	3	main	main	ADJ
cjal-3258	249	4	form	form	NOUN
cjal-3258	249	5	of	of	ADP
cjal-3258	249	6	consideration	consideration	NOUN
cjal-3258	249	7	is	be	AUX
cjal-3258	249	8	through	through	ADP
cjal-3258	249	9	the	the	DET
cjal-3258	249	10	giving	giving	NOUN
cjal-3258	249	11	of	of	ADP
cjal-3258	249	12	shares	share	NOUN
cjal-3258	249	13	by	by	ADP
cjal-3258	249	14	non	non	ADJ
cjal-3258	249	15	-	-	ADJ
cjal-3258	249	16	tradable	tradable	ADJ
cjal-3258	249	17	shareholders	shareholder	NOUN
cjal-3258	249	18	to	to	PART
cjal-3258	249	19	tradable	tradable	ADJ
cjal-3258	249	20	shareholders	shareholder	NOUN
cjal-3258	249	21	.	.	PUNCT
cjal-3258	250	1	61	61	NUM
cjal-3258	250	2	the	the	DET
cjal-3258	250	3	remaining	remain	VERB
cjal-3258	250	4	forms	form	NOUN
cjal-3258	250	5	include	include	VERB
cjal-3258	250	6	cash	cash	NOUN
cjal-3258	250	7	and	and	CCONJ
cjal-3258	250	8	share	share	NOUN
cjal-3258	250	9	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=58608	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=58608	NOUN
cjal-3258	250	10	(	(	PUNCT
cjal-3258	250	11	last	last	ADV
cjal-3258	250	12	visited	visit	VERB
cjal-3258	250	13	oct	oct	PROPN
cjal-3258	250	14	.	.	PROPN
cjal-3258	250	15	31	31	NUM
cjal-3258	250	16	,	,	PUNCT
cjal-3258	250	17	2006	2006	NUM
cjal-3258	250	18	)	)	PUNCT
cjal-3258	250	19	.	.	PUNCT
cjal-3258	251	1	54	54	NUM
cjal-3258	251	2	guiding	guiding	NOUN
cjal-3258	251	3	opinion	opinion	NOUN
cjal-3258	251	4	,	,	PUNCT
cjal-3258	251	5	supra	supra	PROPN
cjal-3258	251	6	note	note	NOUN
cjal-3258	251	7	23	23	NUM
cjal-3258	251	8	.	.	NOUN
cjal-3258	251	9	5	5	NUM
cjal-3258	251	10	±	±	NOUN
cjal-3258	251	11	~~	~~	NUM
cjal-3258	251	12	_	_	PRON
cjal-3258	251	13	3	3	NUM
cjal-3258	251	14	,	,	PUNCT
cjal-3258	251	15	v	v	NOUN
cjal-3258	251	16	8	8	NUM
cjal-3258	252	1	[	[	X
cjal-3258	252	2	circular	circular	NOUN
cjal-3258	252	3	of	of	ADP
cjal-3258	252	4	china	china	PROPN
cjal-3258	252	5	securities	securities	PROPN
cjal-3258	252	6	regulatory	regulatory	PROPN
cjal-3258	252	7	commission	commission	NOUN
cjal-3258	252	8	on	on	ADP
cjal-3258	252	9	distributing	distribute	VERB
cjal-3258	252	10	the	the	DET
cjal-3258	252	11	measures	measure	NOUN
cjal-3258	252	12	for	for	ADP
cjal-3258	252	13	the	the	DET
cjal-3258	252	14	administration	administration	NOUN
cjal-3258	252	15	of	of	ADP
cjal-3258	252	16	the	the	DET
cjal-3258	252	17	share	share	NOUN
cjal-3258	252	18	-	-	PUNCT
cjal-3258	252	19	trading	trading	NOUN
cjal-3258	252	20	reform	reform	NOUN
cjal-3258	252	21	of	of	ADP
cjal-3258	252	22	listed	list	VERB
cjal-3258	252	23	companies	company	NOUN
cjal-3258	252	24	]	]	PUNCT
cjal-3258	252	25	(	(	PUNCT
cjal-3258	252	26	promulgated	promulgate	VERB
cjal-3258	252	27	by	by	ADP
cjal-3258	252	28	china	china	PROPN
cjal-3258	252	29	securities	securities	PROPN
cjal-3258	252	30	regulatory	regulatory	ADJ
cjal-3258	252	31	comm	comm	NOUN
cjal-3258	252	32	.	.	PUNCT
cjal-3258	252	33	,	,	PUNCT
cjal-3258	252	34	sep	sep	PROPN
cjal-3258	252	35	.	.	PROPN
cjal-3258	252	36	4	4	NUM
cjal-3258	252	37	,	,	PUNCT
cjal-3258	252	38	2005	2005	NUM
cjal-3258	252	39	,	,	PUNCT
cjal-3258	252	40	effective	effective	ADJ
cjal-3258	252	41	sep	sep	PROPN
cjal-3258	252	42	.	.	PROPN
cjal-3258	252	43	4	4	NUM
cjal-3258	252	44	,	,	PUNCT
cjal-3258	252	45	2005	2005	NUM
cjal-3258	252	46	)	)	PUNCT
cjal-3258	252	47	,	,	PUNCT
cjal-3258	252	48	available	available	ADJ
cjal-3258	252	49	at	at	ADP
cjal-3258	252	50	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=59870	http://law.chinalawinfo.com/newlaw2002/slc/slc.asp?db=chl&gid=59870	PROPN
cjal-3258	252	51	(	(	PUNCT
cjal-3258	252	52	last	last	ADJ
cjal-3258	252	53	visited	visit	VERB
cjal-3258	252	54	oct	oct	PROPN
cjal-3258	252	55	.	.	PROPN
cjal-3258	252	56	31	31	NUM
cjal-3258	252	57	,	,	PUNCT
cjal-3258	252	58	2006	2006	NUM
cjal-3258	252	59	)	)	PUNCT
cjal-3258	253	1	[	[	X
cjal-3258	253	2	hereinafter	hereinafter	NOUN
cjal-3258	253	3	administrative	administrative	ADJ
cjal-3258	253	4	measures	measure	NOUN
cjal-3258	253	5	]	]	PUNCT
cjal-3258	253	6	.	.	PUNCT
cjal-3258	254	1	56	56	NUM
cjal-3258	254	2	guiding	guide	VERB
cjal-3258	254	3	opinions	opinion	NOUN
cjal-3258	254	4	,	,	PUNCT
cjal-3258	254	5	supra	supra	PROPN
cjal-3258	254	6	note	note	NOUN
cjal-3258	254	7	23	23	NUM
cjal-3258	254	8	,	,	PUNCT
cjal-3258	254	9	6	6	NUM
cjal-3258	254	10	.	.	NOUN
cjal-3258	254	11	57	57	NUM
cjal-3258	255	1	i	i	PRON
cjal-3258	255	2	d.	d.	PROPN
cjal-3258	255	3	10	10	NUM
cjal-3258	255	4	.	.	PUNCT
cjal-3258	256	1	58	58	NUM
cjal-3258	256	2	"	"	PUNCT
cjal-3258	256	3	reform	reform	NOUN
cjal-3258	256	4	proposal	proposal	NOUN
cjal-3258	256	5	"	"	PUNCT
cjal-3258	256	6	is	be	AUX
cjal-3258	256	7	the	the	DET
cjal-3258	256	8	more	more	ADV
cjal-3258	256	9	literal	literal	ADJ
cjal-3258	256	10	translation	translation	NOUN
cjal-3258	256	11	of	of	ADP
cjal-3258	256	12	the	the	DET
cjal-3258	256	13	statute	statute	NOUN
cjal-3258	256	14	.	.	PUNCT
cjal-3258	257	1	"	"	PUNCT
cjal-3258	257	2	reform	reform	NOUN
cjal-3258	257	3	proposal	proposal	NOUN
cjal-3258	257	4	"	"	PUNCT
cjal-3258	257	5	is	be	AUX
cjal-3258	257	6	the	the	DET
cjal-3258	257	7	shortform	shortform	NOUN
cjal-3258	257	8	of	of	ADP
cjal-3258	257	9	"	"	PUNCT
cjal-3258	257	10	split	split	ADJ
cjal-3258	257	11	share	share	NOUN
cjal-3258	257	12	structure	structure	NOUN
cjal-3258	257	13	reform	reform	NOUN
cjal-3258	257	14	of	of	ADP
cjal-3258	257	15	listed	list	VERB
cjal-3258	257	16	companies	company	NOUN
cjal-3258	257	17	,	,	PUNCT
cjal-3258	257	18	"	"	PUNCT
cjal-3258	257	19	as	as	SCONJ
cjal-3258	257	20	stated	state	VERB
cjal-3258	257	21	in	in	ADP
cjal-3258	257	22	the	the	DET
cjal-3258	257	23	administrative	administrative	ADJ
cjal-3258	257	24	measures	measure	NOUN
cjal-3258	257	25	,	,	PUNCT
cjal-3258	257	26	supra	supra	PROPN
cjal-3258	257	27	note	note	NOUN
cjal-3258	257	28	55	55	NUM
cjal-3258	257	29	,	,	PUNCT
cjal-3258	257	30	§	§	PROPN
cjal-3258	257	31	5	5	NUM
cjal-3258	257	32	.	.	PUNCT
cjal-3258	258	1	however	however	ADV
cjal-3258	258	2	,	,	PUNCT
cjal-3258	258	3	most	most	ADJ
cjal-3258	258	4	chinese	chinese	ADJ
cjal-3258	258	5	scholars	scholar	NOUN
cjal-3258	258	6	use	use	VERB
cjal-3258	258	7	the	the	DET
cjal-3258	258	8	term	term	NOUN
cjal-3258	258	9	"	"	PUNCT
cjal-3258	258	10	trading	trading	NOUN
cjal-3258	258	11	proposal	proposal	NOUN
cjal-3258	258	12	"	"	PUNCT
cjal-3258	258	13	since	since	SCONJ
cjal-3258	258	14	it	it	PRON
cjal-3258	258	15	is	be	AUX
cjal-3258	258	16	more	more	ADV
cjal-3258	258	17	precise	precise	ADJ
cjal-3258	258	18	in	in	ADP
cjal-3258	258	19	meaning	meaning	NOUN
cjal-3258	258	20	compared	compare	VERB
cjal-3258	258	21	to	to	ADP
cjal-3258	258	22	the	the	DET
cjal-3258	258	23	many	many	ADJ
cjal-3258	258	24	different	different	ADJ
cjal-3258	258	25	types	type	NOUN
cjal-3258	258	26	of	of	ADP
cjal-3258	258	27	"	"	PUNCT
cjal-3258	258	28	reform	reform	NOUN
cjal-3258	258	29	proposals	proposal	NOUN
cjal-3258	258	30	.	.	PUNCT
cjal-3258	258	31	"	"	PUNCT
cjal-3258	259	1	we	we	PRON
cjal-3258	259	2	use	use	VERB
cjal-3258	259	3	"	"	PUNCT
cjal-3258	259	4	trading	trading	NOUN
cjal-3258	259	5	proposal	proposal	NOUN
cjal-3258	259	6	"	"	PUNCT
cjal-3258	259	7	in	in	ADP
cjal-3258	259	8	place	place	NOUN
cjal-3258	259	9	of	of	ADP
cjal-3258	259	10	"	"	PUNCT
cjal-3258	259	11	reform	reform	NOUN
cjal-3258	259	12	proposal	proposal	NOUN
cjal-3258	259	13	"	"	PUNCT
cjal-3258	259	14	when	when	SCONJ
cjal-3258	259	15	translating	translate	VERB
cjal-3258	259	16	the	the	DET
cjal-3258	259	17	relevant	relevant	ADJ
cjal-3258	259	18	statues	statue	NOUN
cjal-3258	259	19	.	.	PUNCT
cjal-3258	260	1	59	59	NUM
cjal-3258	260	2	guiding	guide	VERB
cjal-3258	260	3	opinions	opinion	NOUN
cjal-3258	260	4	,	,	PUNCT
cjal-3258	260	5	supra	supra	PROPN
cjal-3258	260	6	note	note	NOUN
cjal-3258	260	7	23	23	NUM
cjal-3258	260	8	,	,	PUNCT
cjal-3258	260	9	8	8	NUM
cjal-3258	260	10	.	.	PUNCT
cjal-3258	260	11	60id	60id	NOUN
cjal-3258	260	12	.	.	PUNCT
cjal-3258	261	1	4	4	NUM
cjal-3258	261	2	.	.	NOUN
cjal-3258	261	3	61	61	NUM
cjal-3258	261	4	a	a	DET
cjal-3258	261	5	common	common	ADJ
cjal-3258	261	6	ratio	ratio	NOUN
cjal-3258	261	7	is	be	AUX
cjal-3258	261	8	two	two	NUM
cjal-3258	261	9	to	to	PART
cjal-3258	261	10	three	three	NUM
cjal-3258	261	11	non	non	ADJ
cjal-3258	261	12	-	-	ADJ
cjal-3258	261	13	tradable	tradable	ADJ
cjal-3258	261	14	shares	share	NOUN
cjal-3258	261	15	for	for	ADP
cjal-3258	261	16	ten	ten	NUM
cjal-3258	261	17	tradable	tradable	ADJ
cjal-3258	261	18	shares	share	NOUN
cjal-3258	261	19	,	,	PUNCT
cjal-3258	261	20	but	but	CCONJ
cjal-3258	261	21	in	in	ADP
cjal-3258	261	22	some	some	DET
cjal-3258	261	23	cases	case	NOUN
cjal-3258	261	24	may	may	AUX
cjal-3258	261	25	vary	vary	VERB
cjal-3258	261	26	from	from	ADP
cjal-3258	261	27	greater	great	ADJ
cjal-3258	261	28	than	than	ADP
cjal-3258	261	29	ten	ten	NUM
cjal-3258	261	30	to	to	PART
cjal-3258	261	31	less	less	ADJ
cjal-3258	261	32	than	than	ADP
cjal-3258	261	33	one	one	NUM
cjal-3258	261	34	per	per	ADP
cjal-3258	261	35	ten	ten	NUM
cjal-3258	261	36	tradable	tradable	ADJ
cjal-3258	261	37	shares	share	NOUN
cjal-3258	261	38	.	.	PUNCT
cjal-3258	262	1	310	310	NUM
cjal-3258	263	1	[	[	X
cjal-3258	263	2	20:1	20:1	NUM
cjal-3258	263	3	regula	regula	NOUN
cjal-3258	263	4	tory	tory	NOUN
cjal-3258	263	5	givings	giving	NOUN
cjal-3258	263	6	in	in	ADP
cjal-3258	263	7	china	china	PROPN
cjal-3258	263	8	options	option	NOUN
cjal-3258	263	9	.	.	PUNCT
cjal-3258	264	1	the	the	DET
cjal-3258	264	2	non	non	ADJ
cjal-3258	264	3	-	-	ADJ
cjal-3258	264	4	tradable	tradable	ADJ
cjal-3258	264	5	shareholders	shareholder	NOUN
cjal-3258	264	6	may	may	AUX
cjal-3258	264	7	also	also	ADV
cjal-3258	264	8	further	far	ADV
cjal-3258	264	9	agree	agree	VERB
cjal-3258	264	10	to	to	PART
cjal-3258	264	11	not	not	PART
cjal-3258	264	12	trade	trade	VERB
cjal-3258	264	13	their	their	PRON
cjal-3258	264	14	shares	share	NOUN
cjal-3258	264	15	for	for	ADP
cjal-3258	264	16	a	a	DET
cjal-3258	264	17	time	time	NOUN
cjal-3258	264	18	period	period	NOUN
cjal-3258	264	19	above	above	ADV
cjal-3258	264	20	and	and	CCONJ
cjal-3258	264	21	beyond	beyond	ADP
cjal-3258	264	22	the	the	DET
cjal-3258	264	23	legal	legal	ADJ
cjal-3258	264	24	limit	limit	NOUN
cjal-3258	264	25	of	of	ADP
cjal-3258	264	26	twelve	twelve	NUM
cjal-3258	264	27	months	month	NOUN
cjal-3258	264	28	.	.	PUNCT
cjal-3258	265	1	62	62	NUM
cjal-3258	265	2	the	the	DET
cjal-3258	265	3	trading	trading	NOUN
cjal-3258	265	4	proposal	proposal	NOUN
cjal-3258	265	5	must	must	AUX
cjal-3258	265	6	be	be	AUX
cjal-3258	265	7	initiated	initiate	VERB
cjal-3258	265	8	by	by	ADP
cjal-3258	265	9	at	at	ADV
cjal-3258	265	10	least	least	ADV
cjal-3258	265	11	two	two	NUM
cjal-3258	265	12	-	-	PUNCT
cjal-3258	265	13	thirds	third	NOUN
cjal-3258	265	14	of	of	ADP
cjal-3258	265	15	the	the	DET
cjal-3258	265	16	non	non	ADJ
cjal-3258	265	17	-	-	ADJ
cjal-3258	265	18	tradable	tradable	ADJ
cjal-3258	265	19	shareholders	shareholder	NOUN
cjal-3258	265	20	,	,	PUNCT
cjal-3258	265	21	though	though	SCONJ
cjal-3258	265	22	preferably	preferably	ADV
cjal-3258	265	23	all	all	DET
cjal-3258	265	24	the	the	DET
cjal-3258	265	25	non	non	ADJ
cjal-3258	265	26	-	-	ADJ
cjal-3258	265	27	tradable	tradable	ADJ
cjal-3258	265	28	shareholders	shareholder	NOUN
cjal-3258	265	29	should	should	AUX
cjal-3258	265	30	agree	agree	VERB
cjal-3258	265	31	.	.	PUNCT
cjal-3258	266	1	63	63	NUM
cjal-3258	266	2	if	if	SCONJ
cjal-3258	266	3	there	there	PRON
cjal-3258	266	4	is	be	VERB
cjal-3258	266	5	no	no	DET
cjal-3258	266	6	unanimity	unanimity	NOUN
cjal-3258	266	7	among	among	ADP
cjal-3258	266	8	the	the	DET
cjal-3258	266	9	nontradable	nontradable	ADJ
cjal-3258	266	10	shareholders	shareholder	NOUN
cjal-3258	266	11	,	,	PUNCT
cjal-3258	266	12	those	those	PRON
cjal-3258	266	13	initiating	initiate	VERB
cjal-3258	266	14	the	the	DET
cjal-3258	266	15	proposal	proposal	NOUN
cjal-3258	266	16	shall	shall	AUX
cjal-3258	266	17	make	make	VERB
cjal-3258	266	18	the	the	DET
cjal-3258	266	19	necessary	necessary	ADJ
cjal-3258	266	20	arrangements	arrangement	NOUN
cjal-3258	266	21	.	.	PUNCT
cjal-3258	267	1	64	64	NUM
cjal-3258	267	2	for	for	ADP
cjal-3258	267	3	example	example	NOUN
cjal-3258	267	4	,	,	PUNCT
cjal-3258	267	5	the	the	DET
cjal-3258	267	6	initiating	initiate	VERB
cjal-3258	267	7	non	non	ADJ
cjal-3258	267	8	-	-	ADJ
cjal-3258	267	9	tradable	tradable	ADJ
cjal-3258	267	10	shareholders	shareholder	NOUN
cjal-3258	267	11	would	would	AUX
cjal-3258	267	12	pay	pay	VERB
cjal-3258	267	13	the	the	DET
cjal-3258	267	14	required	require	VERB
cjal-3258	267	15	consideration	consideration	NOUN
cjal-3258	267	16	for	for	ADP
cjal-3258	267	17	the	the	DET
cjal-3258	267	18	opposing	opposing	ADJ
cjal-3258	267	19	nontradable	nontradable	ADJ
cjal-3258	267	20	shareholders	shareholder	NOUN
cjal-3258	267	21	first	first	ADV
cjal-3258	267	22	.	.	PUNCT
cjal-3258	268	1	in	in	ADP
cjal-3258	268	2	turn	turn	NOUN
cjal-3258	268	3	,	,	PUNCT
cjal-3258	268	4	the	the	DET
cjal-3258	268	5	opposing	opposing	ADJ
cjal-3258	268	6	non	non	ADJ
cjal-3258	268	7	-	-	ADJ
cjal-3258	268	8	tradable	tradable	ADJ
cjal-3258	268	9	shareholders	shareholder	NOUN
cjal-3258	268	10	can	can	AUX
cjal-3258	268	11	only	only	ADV
cjal-3258	268	12	trade	trade	VERB
cjal-3258	268	13	their	their	PRON
cjal-3258	268	14	shares	share	NOUN
cjal-3258	268	15	if	if	SCONJ
cjal-3258	268	16	they	they	PRON
cjal-3258	268	17	repay	repay	VERB
cjal-3258	268	18	that	that	DET
cjal-3258	268	19	amount	amount	NOUN
cjal-3258	268	20	to	to	ADP
cjal-3258	268	21	the	the	DET
cjal-3258	268	22	initiating	initiate	VERB
cjal-3258	268	23	non	non	ADJ
cjal-3258	268	24	-	-	ADJ
cjal-3258	268	25	tradable	tradable	ADJ
cjal-3258	268	26	shareholders.65	shareholders.65	NOUN
cjal-3258	268	27	the	the	DET
cjal-3258	268	28	compensation	compensation	NOUN
cjal-3258	268	29	package	package	NOUN
cjal-3258	268	30	is	be	AUX
cjal-3258	268	31	subject	subject	ADJ
cjal-3258	268	32	to	to	ADP
cjal-3258	268	33	the	the	DET
cjal-3258	268	34	approval	approval	NOUN
cjal-3258	268	35	of	of	ADP
cjal-3258	268	36	the	the	DET
cjal-3258	268	37	state	state	NOUN
cjal-3258	268	38	-	-	PUNCT
cjal-3258	268	39	owned	own	VERB
cjal-3258	268	40	assets	asset	NOUN
cjal-3258	268	41	supervision	supervision	NOUN
cjal-3258	268	42	and	and	CCONJ
cjal-3258	268	43	administration	administration	NOUN
cjal-3258	268	44	authority	authority	NOUN
cjal-3258	268	45	.	.	PUNCT
cjal-3258	269	1	66	66	NUM
cjal-3258	269	2	a	a	DET
cjal-3258	269	3	two	two	NUM
cjal-3258	269	4	-	-	PUNCT
cjal-3258	269	5	thirds	third	NOUN
cjal-3258	269	6	majority	majority	NOUN
cjal-3258	269	7	approval	approval	NOUN
cjal-3258	269	8	of	of	ADP
cjal-3258	269	9	both	both	CCONJ
cjal-3258	269	10	the	the	DET
cjal-3258	269	11	total	total	NOUN
cjal-3258	269	12	a	a	DET
cjal-3258	269	13	shareholders	shareholder	NOUN
cjal-3258	269	14	and	and	CCONJ
cjal-3258	269	15	that	that	PRON
cjal-3258	269	16	of	of	ADP
cjal-3258	269	17	the	the	DET
cjal-3258	269	18	tradable	tradable	ADJ
cjal-3258	269	19	shareholders	shareholder	NOUN
cjal-3258	269	20	is	be	AUX
cjal-3258	269	21	required	require	VERB
cjal-3258	269	22	at	at	ADP
cjal-3258	269	23	the	the	DET
cjal-3258	269	24	a	a	DET
cjal-3258	269	25	shareholders	shareholder	NOUN
cjal-3258	269	26	meeting	meeting	NOUN
cjal-3258	269	27	as	as	ADP
cjal-3258	269	28	well.67	well.67	NOUN
cjal-3258	269	29	it	it	PRON
cjal-3258	269	30	is	be	AUX
cjal-3258	269	31	difficult	difficult	ADJ
cjal-3258	269	32	not	not	PART
cjal-3258	269	33	to	to	PART
cjal-3258	269	34	notice	notice	VERB
cjal-3258	269	35	the	the	DET
cjal-3258	269	36	overshadowing	overshadowing	NOUN
cjal-3258	269	37	of	of	ADP
cjal-3258	269	38	economic	economic	ADJ
cjal-3258	269	39	methods	method	NOUN
cjal-3258	269	40	and	and	CCONJ
cjal-3258	269	41	terms	term	NOUN
cjal-3258	269	42	over	over	ADP
cjal-3258	269	43	legal	legal	ADJ
cjal-3258	269	44	analysis	analysis	NOUN
cjal-3258	269	45	in	in	ADP
cjal-3258	269	46	the	the	DET
cjal-3258	269	47	whole	whole	ADJ
cjal-3258	269	48	reform	reform	NOUN
cjal-3258	269	49	process.68	process.68	PROPN
cjal-3258	269	50	the	the	DET
cjal-3258	269	51	"	"	PUNCT
cjal-3258	269	52	guidance	guidance	NOUN
cjal-3258	269	53	opinions	opinion	NOUN
cjal-3258	269	54	on	on	ADP
cjal-3258	269	55	the	the	DET
cjal-3258	269	56	split	split	ADJ
cjal-3258	269	57	share	share	NOUN
cjal-3258	269	58	structure	structure	NOUN
cjal-3258	269	59	reform	reform	NOUN
cjal-3258	269	60	of	of	ADP
cjal-3258	269	61	listed	list	VERB
cjal-3258	269	62	companies	company	NOUN
cjal-3258	269	63	"	"	PUNCT
cjal-3258	269	64	defines	define	VERB
cjal-3258	269	65	the	the	DET
cjal-3258	269	66	split	split	ADJ
cjal-3258	269	67	share	share	NOUN
cjal-3258	269	68	structure	structure	NOUN
cjal-3258	269	69	as	as	ADP
cjal-3258	269	70	"	"	PUNCT
cjal-3258	269	71	a	a	DET
cjal-3258	269	72	special	special	ADJ
cjal-3258	269	73	problem	problem	NOUN
cjal-3258	269	74	in	in	ADP
cjal-3258	269	75	the	the	DET
cjal-3258	269	76	transition	transition	NOUN
cjal-3258	269	77	of	of	ADP
cjal-3258	269	78	the	the	DET
cjal-3258	269	79	nation	nation	NOUN
cjal-3258	269	80	's	's	PART
cjal-3258	269	81	economic	economic	ADJ
cjal-3258	269	82	system	system	NOUN
cjal-3258	269	83	,	,	PUNCT
cjal-3258	269	84	"	"	PUNCT
cjal-3258	269	85	69	69	NUM
cjal-3258	269	86	and	and	CCONJ
cjal-3258	269	87	its	its	PRON
cjal-3258	269	88	reform	reform	NOUN
cjal-3258	269	89	is	be	AUX
cjal-3258	269	90	to	to	PART
cjal-3258	269	91	"	"	PUNCT
cjal-3258	269	92	institutionally	institutionally	ADV
cjal-3258	269	93	arrange	arrange	VERB
cjal-3258	269	94	for	for	SCONJ
cjal-3258	269	95	the	the	DET
cjal-3258	269	96	non	non	ADJ
cjal-3258	269	97	-	-	ADJ
cjal-3258	269	98	tradable	tradable	ADJ
cjal-3258	269	99	shares	share	NOUN
cjal-3258	269	100	to	to	PART
cjal-3258	269	101	trade	trade	VERB
cjal-3258	269	102	in	in	ADP
cjal-3258	269	103	the	the	DET
cjal-3258	269	104	stock	stock	NOUN
cjal-3258	269	105	exchange	exchange	NOUN
cjal-3258	269	106	.	.	PUNCT
cjal-3258	270	1	7	7	NUM
cjal-3258	270	2	°	°	NUM
cjal-3258	270	3	section	section	NOUN
cjal-3258	270	4	2	2	NUM
cjal-3258	270	5	of	of	ADP
cjal-3258	270	6	the	the	DET
cjal-3258	270	7	"	"	PUNCT
cjal-3258	270	8	administrative	administrative	ADJ
cjal-3258	270	9	measures	measure	NOUN
cjal-3258	270	10	on	on	ADP
cjal-3258	270	11	the	the	DET
cjal-3258	270	12	split	split	ADJ
cjal-3258	270	13	share	share	NOUN
cjal-3258	270	14	structure	structure	NOUN
cjal-3258	270	15	reform	reform	NOUN
cjal-3258	270	16	of	of	ADP
cjal-3258	270	17	listed	list	VERB
cjal-3258	270	18	companies	company	NOUN
cjal-3258	270	19	"	"	PUNCT
cjal-3258	270	20	also	also	ADV
cjal-3258	270	21	emphasizes	emphasize	VERB
cjal-3258	270	22	that	that	SCONJ
cjal-3258	270	23	the	the	DET
cjal-3258	270	24	split	split	ADJ
cjal-3258	270	25	share	share	NOUN
cjal-3258	270	26	structure	structure	NOUN
cjal-3258	270	27	reform	reform	NOUN
cjal-3258	270	28	is	be	AUX
cjal-3258	270	29	to	to	PART
cjal-3258	270	30	"	"	PUNCT
cjal-3258	270	31	remove	remove	VERB
cjal-3258	270	32	the	the	DET
cjal-3258	270	33	institutional	institutional	ADJ
cjal-3258	270	34	difference	difference	NOUN
cjal-3258	270	35	in	in	ADP
cjal-3258	270	36	share	share	NOUN
cjal-3258	270	37	transfer	transfer	NOUN
cjal-3258	270	38	in	in	ADP
cjal-3258	270	39	the	the	DET
cjal-3258	270	40	a	a	DET
cjal-3258	270	41	share	share	NOUN
cjal-3258	270	42	market	market	NOUN
cjal-3258	270	43	.	.	PUNCT
cjal-3258	270	44	"	"	PUNCT
cjal-3258	271	1	the	the	DET
cjal-3258	271	2	predominance	predominance	NOUN
cjal-3258	271	3	of	of	ADP
cjal-3258	271	4	these	these	DET
cjal-3258	271	5	economic	economic	ADJ
cjal-3258	271	6	expressions	expression	NOUN
cjal-3258	271	7	exposes	expose	VERB
cjal-3258	271	8	a	a	DET
cjal-3258	271	9	lack	lack	NOUN
cjal-3258	271	10	of	of	ADP
cjal-3258	271	11	legal	legal	ADJ
cjal-3258	271	12	analysis	analysis	NOUN
cjal-3258	271	13	right	right	ADV
cjal-3258	271	14	from	from	ADP
cjal-3258	271	15	the	the	DET
cjal-3258	271	16	initiation	initiation	NOUN
cjal-3258	271	17	of	of	ADP
cjal-3258	271	18	the	the	DET
cjal-3258	271	19	reform	reform	NOUN
cjal-3258	271	20	.	.	PUNCT
cjal-3258	272	1	71	71	NUM
cjal-3258	272	2	an	an	DET
cjal-3258	272	3	economic	economic	ADJ
cjal-3258	272	4	scholar	scholar	NOUN
cjal-3258	272	5	who	who	PRON
cjal-3258	272	6	was	be	AUX
cjal-3258	272	7	the	the	DET
cjal-3258	272	8	head	head	NOUN
cjal-3258	272	9	of	of	ADP
cjal-3258	272	10	the	the	DET
cjal-3258	272	11	62	62	NUM
cjal-3258	272	12	administrative	administrative	ADJ
cjal-3258	272	13	measures	measure	NOUN
cjal-3258	272	14	,	,	PUNCT
cjal-3258	272	15	supra	supra	PROPN
cjal-3258	272	16	note	note	NOUN
cjal-3258	272	17	55	55	NUM
cjal-3258	272	18	,	,	PUNCT
cjal-3258	272	19	§	§	PROPN
cjal-3258	272	20	27	27	NUM
cjal-3258	272	21	.	.	NOUN
cjal-3258	272	22	6	6	NUM
cjal-3258	272	23	3	3	NUM
cjal-3258	272	24	1d	1d	NUM
cjal-3258	272	25	.	.	PUNCT
cjal-3258	273	1	§	§	PROPN
cjal-3258	273	2	5	5	NUM
cjal-3258	273	3	.	.	PUNCT
cjal-3258	273	4	64id	64id	NOUN
cjal-3258	273	5	.	.	PUNCT
cjal-3258	274	1	§	§	PROPN
cjal-3258	274	2	25	25	NUM
cjal-3258	274	3	.	.	NOUN
cjal-3258	274	4	65	65	NUM
cjal-3258	274	5	e.g.	e.g.	ADV
cjal-3258	274	6	,	,	PUNCT
cjal-3258	274	7	tnja	tnja	VERB
cjal-3258	274	8	,	,	PUNCT
cjal-3258	274	9	t	t	PROPN
cjal-3258	274	10	i35it	i35it	NUM
cjal-3258	274	11	'	'	CCONJ
cjal-3258	274	12	(	(	PUNCT
cjal-3258	274	13	)	)	PUNCT
cjal-3258	275	1	[	[	X
cjal-3258	275	2	china	china	PROPN
cjal-3258	275	3	merchant	merchant	PROPN
cjal-3258	275	4	bank	bank	PROPN
cjal-3258	275	5	co.	co.	PROPN
cjal-3258	275	6	,	,	PUNCT
cjal-3258	275	7	split	split	VERB
cjal-3258	275	8	share	share	NOUN
cjal-3258	275	9	structure	structure	NOUN
cjal-3258	275	10	reform	reform	NOUN
cjal-3258	275	11	explanation	explanation	NOUN
cjal-3258	275	12	proposal	proposal	NOUN
cjal-3258	275	13	(	(	PUNCT
cjal-3258	275	14	edited	edited	ADJ
cjal-3258	275	15	draft	draft	NOUN
cjal-3258	275	16	)	)	PUNCT
cjal-3258	275	17	]	]	PUNCT
cjal-3258	275	18	3	3	NUM
cjal-3258	275	19	(	(	PUNCT
cjal-3258	275	20	dec	dec	PROPN
cjal-3258	275	21	.	.	PROPN
cjal-3258	275	22	29	29	NUM
cjal-3258	275	23	,	,	PUNCT
cjal-3258	275	24	2005	2005	NUM
cjal-3258	275	25	)	)	PUNCT
cjal-3258	275	26	,	,	PUNCT
cjal-3258	275	27	available	available	ADJ
cjal-3258	275	28	at	at	ADP
cjal-3258	275	29	http://www.cninfo.com.cn/finalpage/2005-12-30/16336561	http://www.cninfo.com.cn/finalpage/2005-12-30/16336561	PROPN
cjal-3258	275	30	.pdf	.pdf	PROPN
cjal-3258	275	31	.	.	PUNCT
cjal-3258	276	1	66	66	NUM
cjal-3258	276	2	administrative	administrative	ADJ
cjal-3258	276	3	measures	measure	NOUN
cjal-3258	276	4	,	,	PUNCT
cjal-3258	276	5	supra	supra	PROPN
cjal-3258	276	6	note	note	NOUN
cjal-3258	276	7	55	55	NUM
cjal-3258	276	8	,	,	PUNCT
cjal-3258	276	9	§	§	PROPN
cjal-3258	276	10	15	15	NUM
cjal-3258	276	11	.	.	NOUN
cjal-3258	276	12	67	67	NUM
cjal-3258	277	1	i	i	PRON
cjal-3258	277	2	d.	d.	PROPN
cjal-3258	277	3	§	§	PROPN
cjal-3258	277	4	16	16	NUM
cjal-3258	277	5	.	.	PUNCT
cjal-3258	277	6	61	61	NUM
cjal-3258	277	7	see	see	NOUN
cjal-3258	277	8	,	,	PUNCT
cjal-3258	277	9	e.g.	e.g.	ADV
cjal-3258	277	10	,	,	PUNCT
cjal-3258	277	11	i	i	PRON
cjal-3258	277	12	,	,	PUNCT
cjal-3258	277	13	r	r	AUX
cjal-3258	277	14	'	'	PUNCT
cjal-3258	277	15	[	[	X
cjal-3258	277	16	tan	tan	PROPN
cjal-3258	277	17	xiao	xiao	PROPN
cjal-3258	277	18	,	,	PUNCT
cjal-3258	277	19	legal	legal	ADJ
cjal-3258	277	20	discussion	discussion	NOUN
cjal-3258	277	21	of	of	ADP
cjal-3258	277	22	split	split	ADJ
cjal-3258	277	23	share	share	NOUN
cjal-3258	277	24	structure	structure	NOUN
cjal-3258	277	25	reform	reform	NOUN
cjal-3258	277	26	]	]	X
cjal-3258	277	27	(	(	PUNCT
cjal-3258	277	28	2005	2005	NUM
cjal-3258	277	29	)	)	PUNCT
cjal-3258	277	30	,	,	PUNCT
cjal-3258	277	31	http://article.chinalawinfo.com/article/user/article-display.asp?articleld=30922	http://article.chinalawinfo.com/article/user/article-display.asp?articleld=30922	NOUN
cjal-3258	277	32	(	(	PUNCT
cjal-3258	277	33	last	last	ADV
cjal-3258	277	34	visited	visit	VERB
cjal-3258	277	35	oct	oct	PROPN
cjal-3258	277	36	.	.	PROPN
cjal-3258	277	37	31	31	NUM
cjal-3258	277	38	,	,	PUNCT
cjal-3258	277	39	2006	2006	NUM
cjal-3258	277	40	)	)	PUNCT
cjal-3258	277	41	.	.	PUNCT
cjal-3258	278	1	69	69	NUM
cjal-3258	278	2	guiding	guiding	NOUN
cjal-3258	278	3	opinions	opinion	NOUN
cjal-3258	278	4	,	,	PUNCT
cjal-3258	278	5	supra	supra	PROPN
cjal-3258	278	6	note	note	NOUN
cjal-3258	278	7	23	23	NUM
cjal-3258	278	8	,	,	PUNCT
cjal-3258	278	9	2	2	NUM
cjal-3258	278	10	.	.	SYM
cjal-3258	278	11	70	70	NUM
cjal-3258	279	1	i	i	PRON
cjal-3258	279	2	d.	d.	PROPN
cjal-3258	279	3	4	4	NUM
cjal-3258	279	4	.	.	PUNCT
cjal-3258	279	5	71	71	NUM
cjal-3258	279	6	tan	tan	ADJ
cjal-3258	279	7	,	,	PUNCT
cjal-3258	279	8	supra	supra	PROPN
cjal-3258	279	9	note	note	NOUN
cjal-3258	279	10	68	68	NUM
cjal-3258	279	11	.	.	PUNCT
cjal-3258	280	1	2006	2006	NUM
cjal-3258	280	2	]	]	PUNCT
cjal-3258	280	3	columbia	columbia	PROPN
cjal-3258	280	4	journal	journal	PROPN
cjal-3258	280	5	of	of	ADP
cjal-3258	280	6	asian	asian	PROPN
cjal-3258	280	7	la	la	PROPN
cjal-3258	280	8	w	w	PROPN
cjal-3258	280	9	chinese	chinese	PROPN
cjal-3258	280	10	securities	securities	PROPN
cjal-3258	280	11	law	law	PROPN
cjal-3258	280	12	amendment	amendment	NOUN
cjal-3258	280	13	drafting	drafting	NOUN
cjal-3258	280	14	team	team	NOUN
cjal-3258	280	15	even	even	ADV
cjal-3258	280	16	went	go	VERB
cjal-3258	280	17	so	so	ADV
cjal-3258	280	18	far	far	ADV
cjal-3258	280	19	as	as	SCONJ
cjal-3258	280	20	to	to	PART
cjal-3258	280	21	state	state	VERB
cjal-3258	280	22	that	that	SCONJ
cjal-3258	280	23	"	"	PUNCT
cjal-3258	280	24	the	the	DET
cjal-3258	280	25	split	split	ADJ
cjal-3258	280	26	share	share	NOUN
cjal-3258	280	27	structure	structure	NOUN
cjal-3258	280	28	is	be	AUX
cjal-3258	280	29	a	a	DET
cjal-3258	280	30	chinese	chinese	ADJ
cjal-3258	280	31	legacy	legacy	NOUN
cjal-3258	280	32	policy	policy	NOUN
cjal-3258	280	33	problem	problem	NOUN
cjal-3258	280	34	and	and	CCONJ
cjal-3258	280	35	not	not	PART
cjal-3258	280	36	a	a	DET
cjal-3258	280	37	legal	legal	ADJ
cjal-3258	280	38	problem	problem	NOUN
cjal-3258	280	39	.	.	PUNCT
cjal-3258	280	40	'	'	PUNCT
cjal-3258	281	1	72	72	NUM
cjal-3258	281	2	it	it	PRON
cjal-3258	281	3	must	must	AUX
cjal-3258	281	4	be	be	AUX
cjal-3258	281	5	acknowledged	acknowledge	VERB
cjal-3258	281	6	that	that	SCONJ
cjal-3258	281	7	with	with	SCONJ
cjal-3258	281	8	the	the	DET
cjal-3258	281	9	majority	majority	NOUN
cjal-3258	281	10	of	of	ADP
cjal-3258	281	11	the	the	DET
cjal-3258	281	12	listed	list	VERB
cjal-3258	281	13	companies	company	NOUN
cjal-3258	281	14	having	having	AUX
cjal-3258	281	15	already	already	ADV
cjal-3258	281	16	undergone	undergo	VERB
cjal-3258	281	17	this	this	DET
cjal-3258	281	18	reforn	reforn	ADJ
cjal-3258	281	19	,	,	PUNCT
cjal-3258	281	20	it	it	PRON
cjal-3258	281	21	is	be	AUX
cjal-3258	281	22	highly	highly	ADV
cjal-3258	281	23	unlikely	unlikely	ADJ
cjal-3258	281	24	that	that	SCONJ
cjal-3258	281	25	at	at	ADP
cjal-3258	281	26	this	this	DET
cjal-3258	281	27	time	time	NOUN
cjal-3258	281	28	there	there	PRON
cjal-3258	281	29	would	would	AUX
cjal-3258	281	30	be	be	AUX
cjal-3258	281	31	any	any	DET
cjal-3258	281	32	drastic	drastic	ADJ
cjal-3258	281	33	changes	change	NOUN
cjal-3258	281	34	or	or	CCONJ
cjal-3258	281	35	policy	policy	NOUN
cjal-3258	281	36	reversals	reversal	NOUN
cjal-3258	281	37	.	.	PUNCT
cjal-3258	282	1	nevertheless	nevertheless	ADV
cjal-3258	282	2	,	,	PUNCT
cjal-3258	282	3	the	the	DET
cjal-3258	282	4	importance	importance	NOUN
cjal-3258	282	5	of	of	ADP
cjal-3258	282	6	the	the	DET
cjal-3258	282	7	legal	legal	ADJ
cjal-3258	282	8	analysis	analysis	NOUN
cjal-3258	282	9	and	and	CCONJ
cjal-3258	282	10	critique	critique	NOUN
cjal-3258	282	11	of	of	ADP
cjal-3258	282	12	this	this	DET
cjal-3258	282	13	reform	reform	NOUN
cjal-3258	282	14	is	be	AUX
cjal-3258	282	15	not	not	PART
cjal-3258	282	16	diminished	diminish	VERB
cjal-3258	282	17	.	.	PUNCT
cjal-3258	283	1	any	any	DET
cjal-3258	283	2	legal	legal	ADJ
cjal-3258	283	3	lessons	lesson	NOUN
cjal-3258	283	4	learned	learn	VERB
cjal-3258	283	5	from	from	ADP
cjal-3258	283	6	this	this	DET
cjal-3258	283	7	reform	reform	NOUN
cjal-3258	283	8	,	,	PUNCT
cjal-3258	283	9	be	be	AUX
cjal-3258	283	10	they	they	PRON
cjal-3258	283	11	positive	positive	ADJ
cjal-3258	283	12	or	or	CCONJ
cjal-3258	283	13	negative	negative	ADJ
cjal-3258	283	14	,	,	PUNCT
cjal-3258	283	15	will	will	AUX
cjal-3258	283	16	serve	serve	VERB
cjal-3258	283	17	china	china	PROPN
cjal-3258	283	18	and	and	CCONJ
cjal-3258	283	19	other	other	ADJ
cjal-3258	283	20	transitional	transitional	ADJ
cjal-3258	283	21	economies	economy	NOUN
cjal-3258	283	22	as	as	SCONJ
cjal-3258	283	23	they	they	PRON
cjal-3258	283	24	develop	develop	VERB
cjal-3258	283	25	their	their	PRON
cjal-3258	283	26	legal	legal	ADJ
cjal-3258	283	27	systems	system	NOUN
cjal-3258	283	28	and	and	CCONJ
cjal-3258	283	29	economies	economy	NOUN
cjal-3258	283	30	.	.	PUNCT
cjal-3258	284	1	iii	iii	X
cjal-3258	284	2	.	.	NOUN
cjal-3258	284	3	doctrinal	doctrinal	ADJ
cjal-3258	284	4	and	and	CCONJ
cjal-3258	284	5	legal	legal	ADJ
cjal-3258	284	6	basis	basis	NOUN
cjal-3258	284	7	:	:	PUNCT
cjal-3258	284	8	traditional	traditional	ADJ
cjal-3258	284	9	approaches	approach	NOUN
cjal-3258	284	10	in	in	ADP
cjal-3258	284	11	this	this	DET
cjal-3258	284	12	part	part	NOUN
cjal-3258	284	13	,	,	PUNCT
cjal-3258	284	14	we	we	PRON
cjal-3258	284	15	aim	aim	VERB
cjal-3258	284	16	to	to	PART
cjal-3258	284	17	explore	explore	VERB
cjal-3258	284	18	the	the	DET
cjal-3258	284	19	possible	possible	ADJ
cjal-3258	284	20	legal	legal	ADJ
cjal-3258	284	21	justifications	justification	NOUN
cjal-3258	284	22	behind	behind	ADP
cjal-3258	284	23	the	the	DET
cjal-3258	284	24	reform	reform	NOUN
cjal-3258	284	25	,	,	PUNCT
cjal-3258	284	26	which	which	PRON
cjal-3258	284	27	essentially	essentially	ADV
cjal-3258	284	28	requires	require	VERB
cjal-3258	284	29	the	the	DET
cjal-3258	284	30	non	non	ADJ
cjal-3258	284	31	-	-	ADJ
cjal-3258	284	32	tradable	tradable	ADJ
cjal-3258	284	33	shareholders	shareholder	NOUN
cjal-3258	284	34	to	to	PART
cjal-3258	284	35	compensate	compensate	VERB
cjal-3258	284	36	the	the	DET
cjal-3258	284	37	tradable	tradable	ADJ
cjal-3258	284	38	shareholders	shareholder	NOUN
cjal-3258	284	39	for	for	ADP
cjal-3258	284	40	the	the	DET
cjal-3258	284	41	right	right	NOUN
cjal-3258	284	42	to	to	PART
cjal-3258	284	43	trade	trade	VERB
cjal-3258	284	44	non	non	ADJ
cjal-3258	284	45	-	-	ADJ
cjal-3258	284	46	tradable	tradable	ADJ
cjal-3258	284	47	shares	share	NOUN
cjal-3258	284	48	.	.	PUNCT
cjal-3258	285	1	we	we	PRON
cjal-3258	285	2	begin	begin	VERB
cjal-3258	285	3	our	our	PRON
cjal-3258	285	4	legal	legal	ADJ
cjal-3258	285	5	analysis	analysis	NOUN
cjal-3258	285	6	by	by	ADP
cjal-3258	285	7	looking	look	VERB
cjal-3258	285	8	at	at	ADP
cjal-3258	285	9	possible	possible	ADJ
cjal-3258	285	10	private	private	ADJ
cjal-3258	285	11	law	law	NOUN
cjal-3258	285	12	remedies	remedy	VERB
cjal-3258	285	13	.	.	PUNCT
cjal-3258	286	1	contract	contract	NOUN
cjal-3258	286	2	theory	theory	NOUN
cjal-3258	286	3	,	,	PUNCT
cjal-3258	286	4	being	be	AUX
cjal-3258	286	5	the	the	DET
cjal-3258	286	6	prevailing	prevail	VERB
cjal-3258	286	7	view	view	NOUN
cjal-3258	286	8	among	among	ADP
cjal-3258	286	9	the	the	DET
cjal-3258	286	10	chinese	chinese	ADJ
cjal-3258	286	11	legal	legal	ADJ
cjal-3258	286	12	scholars	scholar	NOUN
cjal-3258	286	13	,	,	PUNCT
cjal-3258	286	14	will	will	AUX
cjal-3258	286	15	be	be	AUX
cjal-3258	286	16	discussed	discuss	VERB
cjal-3258	286	17	extensively	extensively	ADV
cjal-3258	286	18	.	.	PUNCT
cjal-3258	287	1	we	we	PRON
cjal-3258	287	2	conclude	conclude	VERB
cjal-3258	287	3	that	that	SCONJ
cjal-3258	287	4	non	non	ADJ
cjal-3258	287	5	-	-	ADJ
cjal-3258	287	6	tradable	tradable	ADJ
cjal-3258	287	7	shareholders	shareholder	NOUN
cjal-3258	287	8	are	be	AUX
cjal-3258	287	9	not	not	PART
cjal-3258	287	10	legally	legally	ADV
cjal-3258	287	11	obliged	oblige	VERB
cjal-3258	287	12	under	under	ADP
cjal-3258	287	13	private	private	ADJ
cjal-3258	287	14	law	law	NOUN
cjal-3258	287	15	remedies	remedy	NOUN
cjal-3258	287	16	to	to	PART
cjal-3258	287	17	compensate	compensate	VERB
cjal-3258	287	18	the	the	DET
cjal-3258	287	19	tradable	tradable	ADJ
cjal-3258	287	20	shareholders	shareholder	NOUN
cjal-3258	287	21	.	.	PUNCT
cjal-3258	288	1	however	however	ADV
cjal-3258	288	2	,	,	PUNCT
cjal-3258	288	3	the	the	DET
cjal-3258	288	4	tradable	tradable	ADJ
cjal-3258	288	5	shareholders	shareholder	NOUN
cjal-3258	288	6	will	will	AUX
cjal-3258	288	7	clearly	clearly	ADV
cjal-3258	288	8	suffer	suffer	VERB
cjal-3258	288	9	considerable	considerable	ADJ
cjal-3258	288	10	losses	loss	NOUN
cjal-3258	288	11	if	if	SCONJ
cjal-3258	288	12	the	the	DET
cjal-3258	288	13	non	non	ADJ
cjal-3258	288	14	-	-	ADJ
cjal-3258	288	15	tradable	tradable	ADJ
cjal-3258	288	16	shares	share	NOUN
cjal-3258	288	17	can	can	AUX
cjal-3258	288	18	trade	trade	VERB
cjal-3258	288	19	without	without	ADP
cjal-3258	288	20	any	any	DET
cjal-3258	288	21	payment	payment	NOUN
cjal-3258	288	22	of	of	ADP
cjal-3258	288	23	compensation	compensation	NOUN
cjal-3258	288	24	an	an	DET
cjal-3258	288	25	option	option	NOUN
cjal-3258	288	26	entirely	entirely	ADV
cjal-3258	288	27	within	within	ADP
cjal-3258	288	28	the	the	DET
cjal-3258	288	29	power	power	NOUN
cjal-3258	288	30	of	of	ADP
cjal-3258	288	31	the	the	DET
cjal-3258	288	32	chinese	chinese	ADJ
cjal-3258	288	33	regulatory	regulatory	ADJ
cjal-3258	288	34	authorities	authority	NOUN
cjal-3258	288	35	as	as	SCONJ
cjal-3258	288	36	evidenced	evidence	VERB
cjal-3258	288	37	by	by	ADP
cjal-3258	288	38	the	the	DET
cjal-3258	288	39	2001	2001	NUM
cjal-3258	288	40	reform	reform	NOUN
cjal-3258	288	41	attempt.74	attempt.74	VERB
cjal-3258	288	42	thus	thus	ADV
cjal-3258	288	43	,	,	PUNCT
cjal-3258	288	44	we	we	PRON
cjal-3258	288	45	proceed	proceed	VERB
cjal-3258	288	46	to	to	PART
cjal-3258	288	47	discuss	discuss	VERB
cjal-3258	288	48	whether	whether	SCONJ
cjal-3258	288	49	any	any	DET
cjal-3258	288	50	public	public	ADJ
cjal-3258	288	51	law	law	NOUN
cjal-3258	288	52	remedies	remedy	NOUN
cjal-3258	288	53	are	be	AUX
cjal-3258	288	54	available	available	ADJ
cjal-3258	288	55	to	to	ADP
cjal-3258	288	56	the	the	DET
cjal-3258	288	57	tradable	tradable	ADJ
cjal-3258	288	58	shareholders	shareholder	NOUN
cjal-3258	288	59	to	to	PART
cjal-3258	288	60	seek	seek	VERB
cjal-3258	288	61	compensation	compensation	NOUN
cjal-3258	288	62	from	from	ADP
cjal-3258	288	63	the	the	DET
cjal-3258	288	64	relevant	relevant	ADJ
cjal-3258	288	65	regulatory	regulatory	ADJ
cjal-3258	288	66	authorities	authority	NOUN
cjal-3258	288	67	.	.	PUNCT
cjal-3258	289	1	a.	a.	NOUN
cjal-3258	289	2	contract	contract	PROPN
cjal-3258	289	3	theory	theory	NOUN
cjal-3258	289	4	and	and	CCONJ
cjal-3258	289	5	other	other	ADJ
cjal-3258	289	6	private	private	ADJ
cjal-3258	289	7	law	law	NOUN
cjal-3258	289	8	remedies	remedy	VERB
cjal-3258	289	9	contract	contract	NOUN
cjal-3258	289	10	theory	theory	NOUN
cjal-3258	289	11	is	be	AUX
cjal-3258	289	12	the	the	DET
cjal-3258	289	13	prevailing	prevail	VERB
cjal-3258	289	14	view	view	NOUN
cjal-3258	289	15	among	among	ADP
cjal-3258	289	16	chinese	chinese	ADJ
cjal-3258	289	17	legal	legal	ADJ
cjal-3258	289	18	scholars	scholar	NOUN
cjal-3258	289	19	as	as	ADP
cjal-3258	289	20	to	to	ADP
cjal-3258	289	21	the	the	DET
cjal-3258	289	22	legal	legal	ADJ
cjal-3258	289	23	basis	basis	NOUN
cjal-3258	289	24	of	of	ADP
cjal-3258	289	25	the	the	DET
cjal-3258	289	26	reform.75	reform.75	PROPN
cjal-3258	289	27	there	there	PRON
cjal-3258	289	28	was	be	VERB
cjal-3258	289	29	some	some	DET
cjal-3258	289	30	initial	initial	ADJ
cjal-3258	289	31	721id	721id	NOUN
cjal-3258	289	32	.	.	PUNCT
cjal-3258	290	1	n.	n.	NOUN
cjal-3258	290	2	4	4	NUM
cjal-3258	290	3	.	.	NOUN
cjal-3258	290	4	73	73	NUM
cjal-3258	290	5	as	as	ADP
cjal-3258	290	6	of	of	ADP
cjal-3258	290	7	apr	apr	PROPN
cjal-3258	290	8	.	.	PROPN
cjal-3258	290	9	24	24	NUM
cjal-3258	290	10	,	,	PUNCT
cjal-3258	290	11	2006	2006	NUM
cjal-3258	290	12	,	,	PUNCT
cjal-3258	290	13	868	868	NUM
cjal-3258	290	14	listed	list	VERB
cjal-3258	290	15	companies	company	NOUN
cjal-3258	290	16	comprising	comprise	VERB
cjal-3258	290	17	of	of	ADP
cjal-3258	290	18	78	78	NUM
cjal-3258	290	19	%	%	NOUN
cjal-3258	290	20	of	of	ADP
cjal-3258	290	21	the	the	DET
cjal-3258	290	22	total	total	ADJ
cjal-3258	290	23	stock	stock	NOUN
cjal-3258	290	24	exchange	exchange	NOUN
cjal-3258	290	25	value	value	NOUN
cjal-3258	290	26	have	have	AUX
cjal-3258	290	27	undergone	undergo	VERB
cjal-3258	290	28	or	or	CCONJ
cjal-3258	290	29	are	be	AUX
cjal-3258	290	30	undergoing	undergo	VERB
cjal-3258	290	31	reform	reform	NOUN
cjal-3258	290	32	,	,	PUNCT
cjal-3258	290	33	?	?	PUNCT
cjal-3258	291	1	a	a	DET
cjal-3258	291	2	[	[	X
cjal-3258	291	3	m	m	NOUN
cjal-3258	291	4	*	*	NOUN
cjal-3258	291	5	,	,	PUNCT
cjal-3258	291	6	'	'	PUNCT
cjal-3258	291	7	ell	ell	INTJ
cjal-3258	291	8	vj	vj	ADJ
cjal-3258	291	9	:	:	PUNCT
cjal-3258	291	10	jr	jr	PROPN
cjal-3258	291	11	1	1	NUM
cjal-3258	291	12	a	a	PRON
cjal-3258	291	13	i	i	PRON
cjal-3258	291	14	mj	mj	VERB
cjal-3258	291	15	,	,	PUNCT
cjal-3258	291	16	"	"	PUNCT
cjal-3258	291	17	8	8	NUM
cjal-3258	291	18	"	"	PUNCT
cjal-3258	291	19	[	[	X
cjal-3258	291	20	gao	gao	PROPN
cjal-3258	291	21	guohua	guohua	PROPN
cjal-3258	291	22	,	,	PUNCT
cjal-3258	291	23	innovation	innovation	NOUN
cjal-3258	291	24	:	:	PUNCT
cjal-3258	291	25	the	the	DET
cjal-3258	291	26	key	key	ADJ
cjal-3258	291	27	weapon	weapon	NOUN
cjal-3258	291	28	in	in	ADP
cjal-3258	291	29	share	share	NOUN
cjal-3258	291	30	reform	reform	NOUN
cjal-3258	291	31	]	]	PUNCT
cjal-3258	291	32	,	,	PUNCT
cjal-3258	291	33	miir	miir	NOUN
cjal-3258	291	34	[	[	X
cjal-3258	291	35	fin	fin	NOUN
cjal-3258	291	36	.	.	PUNCT
cjal-3258	292	1	times	time	NOUN
cjal-3258	292	2	]	]	PUNCT
cjal-3258	292	3	,	,	PUNCT
cjal-3258	292	4	apr	apr	PROPN
cjal-3258	292	5	.	.	PROPN
cjal-3258	292	6	28	28	NUM
cjal-3258	292	7	,	,	PUNCT
cjal-3258	292	8	2006	2006	NUM
cjal-3258	292	9	,	,	PUNCT
cjal-3258	292	10	at	at	ADP
cjal-3258	292	11	7	7	NUM
cjal-3258	292	12	,	,	PUNCT
cjal-3258	292	13	available	available	ADJ
cjal-3258	292	14	at	at	ADP
cjal-3258	292	15	http://www.financialnews.com.cn/zq/200604280192.htm	http://www.financialnews.com.cn/zq/200604280192.htm	PROPN
cjal-3258	292	16	.	.	PROPN
cjal-3258	293	1	74	74	NUM
cjal-3258	293	2	see	see	VERB
cjal-3258	293	3	supra	supra	PROPN
cjal-3258	293	4	part	part	NOUN
cjal-3258	293	5	ii.c	ii.c	VERB
cjal-3258	293	6	.	.	PUNCT
cjal-3258	294	1	75tan	75tan	NUM
cjal-3258	294	2	,	,	PUNCT
cjal-3258	294	3	supra	supra	PROPN
cjal-3258	294	4	note	note	PROPN
cjal-3258	294	5	68	68	NUM
cjal-3258	294	6	,	,	PUNCT
cjal-3258	294	7	n.16	n.16	PROPN
cjal-3258	294	8	;	;	PUNCT
cjal-3258	294	9	see	see	VERB
cjal-3258	294	10	also	also	ADV
cjal-3258	294	11	)	)	PUNCT
cjal-3258	294	12	fa	fa	NOUN
cjal-3258	294	13	,	,	PUNCT
cjal-3258	294	14	r	r	NOUN
cjal-3258	294	15	'	'	PUNCT
cjal-3258	294	16	l,7	l,7	X
cjal-3258	294	17	fi,1	fi,1	PROPN
cjal-3258	294	18	:	:	PUNCT
cjal-3258	294	19	q	q	NOUN
cjal-3258	294	20	-i,,i	-i,,i	PROPN
cjal-3258	294	21	--	--	PUNCT
cjal-3258	294	22	fh	fh	PROPN
cjal-3258	294	23	,	,	PUNCT
cjal-3258	294	24	[	[	X
cjal-3258	294	25	fang	fang	X
cjal-3258	294	26	li	li	PROPN
cjal-3258	294	27	,	,	PUNCT
cjal-3258	294	28	civil	civil	ADJ
cjal-3258	294	29	law	law	NOUN
cjal-3258	294	30	equity	equity	NOUN
cjal-3258	294	31	principle	principle	NOUN
cjal-3258	294	32	:	:	PUNCT
cjal-3258	294	33	of	of	ADP
cjal-3258	294	34	course	course	NOUN
cjal-3258	294	35	the	the	DET
cjal-3258	294	36	non	non	ADJ
cjal-3258	294	37	-	-	ADJ
cjal-3258	294	38	tradable	tradable	ADJ
cjal-3258	294	39	shareholders	shareholder	NOUN
cjal-3258	294	40	should	should	AUX
cjal-3258	294	41	compensate	compensate	VERB
cjal-3258	294	42	]	]	PUNCT
cjal-3258	294	43	,	,	PUNCT
cjal-3258	294	44	m	m	VERB
cjal-3258	294	45	ft	ft	ADP
cjal-3258	294	46	1	1	NUM
cjal-3258	294	47	h	h	NOUN
cjal-3258	294	48	49	49	NUM
cjal-3258	295	1	[	[	X
cjal-3258	295	2	no	no	INTJ
cjal-3258	295	3	.	.	NOUN
cjal-3258	295	4	1	1	NUM
cjal-3258	295	5	fin	fin	NOUN
cjal-3258	295	6	.	.	PUNCT
cjal-3258	296	1	daily	daily	PROPN
cjal-3258	296	2	]	]	X
cjal-3258	296	3	,	,	PUNCT
cjal-3258	296	4	aug	aug	PROPN
cjal-3258	296	5	.	.	PROPN
cjal-3258	296	6	11	11	NUM
cjal-3258	296	7	,	,	PUNCT
cjal-3258	296	8	2005	2005	NUM
cjal-3258	296	9	,	,	PUNCT
cjal-3258	296	10	at	at	ADP
cjal-3258	296	11	b5	b5	PROPN
cjal-3258	296	12	,	,	PUNCT
cjal-3258	296	13	available	available	ADJ
cjal-3258	296	14	at	at	ADP
cjal-3258	296	15	[	[	PUNCT
cjal-3258	296	16	20:1	20:1	NUM
cjal-3258	296	17	regulatory	regulatory	ADJ
cjal-3258	296	18	givings	giving	NOUN
cjal-3258	296	19	in	in	ADP
cjal-3258	296	20	china	china	PROPN
cjal-3258	296	21	support	support	NOUN
cjal-3258	296	22	of	of	ADP
cjal-3258	296	23	the	the	DET
cjal-3258	296	24	use	use	NOUN
cjal-3258	296	25	of	of	ADP
cjal-3258	296	26	tort	tort	NOUN
cjal-3258	296	27	theory	theory	NOUN
cjal-3258	296	28	,	,	PUNCT
cjal-3258	296	29	although	although	SCONJ
cjal-3258	296	30	it	it	PRON
cjal-3258	296	31	has	have	AUX
cjal-3258	296	32	not	not	PART
cjal-3258	296	33	gained	gain	VERB
cjal-3258	296	34	continued	continue	VERB
cjal-3258	296	35	acceptance	acceptance	NOUN
cjal-3258	296	36	76	76	NUM
cjal-3258	296	37	and	and	CCONJ
cjal-3258	296	38	will	will	AUX
cjal-3258	296	39	be	be	AUX
cjal-3258	296	40	discussed	discuss	VERB
cjal-3258	296	41	only	only	ADV
cjal-3258	296	42	briefly	briefly	ADV
cjal-3258	296	43	.	.	PUNCT
cjal-3258	297	1	the	the	DET
cjal-3258	297	2	central	central	ADJ
cjal-3258	297	3	tenet	tenet	NOUN
cjal-3258	297	4	of	of	ADP
cjal-3258	297	5	the	the	DET
cjal-3258	297	6	contract	contract	NOUN
cjal-3258	297	7	theory	theory	NOUN
cjal-3258	297	8	argument	argument	NOUN
cjal-3258	297	9	is	be	AUX
cjal-3258	297	10	that	that	SCONJ
cjal-3258	297	11	since	since	SCONJ
cjal-3258	297	12	"	"	PUNCT
cjal-3258	297	13	temporarily	temporarily	ADV
cjal-3258	297	14	not	not	PART
cjal-3258	297	15	trade	trade	NOUN
cjal-3258	297	16	"	"	PUNCT
cjal-3258	297	17	was	be	AUX
cjal-3258	297	18	a	a	DET
cjal-3258	297	19	term	term	NOUN
cjal-3258	297	20	of	of	ADP
cjal-3258	297	21	the	the	DET
cjal-3258	297	22	non	non	ADJ
cjal-3258	297	23	-	-	ADJ
cjal-3258	297	24	tradable	tradable	ADJ
cjal-3258	297	25	shareholders	shareholder	NOUN
cjal-3258	297	26	in	in	ADP
cjal-3258	297	27	the	the	DET
cjal-3258	297	28	share	share	NOUN
cjal-3258	297	29	issue	issue	NOUN
cjal-3258	297	30	prospectus	prospectus	NOUN
cjal-3258	297	31	,	,	PUNCT
cjal-3258	297	32	it	it	PRON
cjal-3258	297	33	is	be	AUX
cjal-3258	297	34	a	a	DET
cjal-3258	297	35	valid	valid	ADJ
cjal-3258	297	36	and	and	CCONJ
cjal-3258	297	37	binding	binding	ADJ
cjal-3258	297	38	contractual	contractual	ADJ
cjal-3258	297	39	term	term	NOUN
cjal-3258	297	40	.	.	PUNCT
cjal-3258	298	1	hence	hence	ADV
cjal-3258	298	2	,	,	PUNCT
cjal-3258	298	3	in	in	ADP
cjal-3258	298	4	accordance	accordance	NOUN
cjal-3258	298	5	with	with	ADP
cjal-3258	298	6	section	section	NOUN
cjal-3258	298	7	77	77	NUM
cjal-3258	298	8	of	of	ADP
cjal-3258	298	9	the	the	DET
cjal-3258	298	10	p.r.c	p.r.c	NOUN
cjal-3258	298	11	.	.	PUNCT
cjal-3258	299	1	contract	contract	NOUN
cjal-3258	299	2	law,77	law,77	NOUN
cjal-3258	299	3	trading	trade	VERB
cjal-3258	299	4	the	the	DET
cjal-3258	299	5	non	non	ADJ
cjal-3258	299	6	-	-	ADJ
cjal-3258	299	7	tradable	tradable	ADJ
cjal-3258	299	8	shares	share	NOUN
cjal-3258	299	9	is	be	AUX
cjal-3258	299	10	a	a	DET
cjal-3258	299	11	contract	contract	NOUN
cjal-3258	299	12	alteration	alteration	NOUN
cjal-3258	299	13	that	that	PRON
cjal-3258	299	14	requires	require	VERB
cjal-3258	299	15	the	the	DET
cjal-3258	299	16	agreement	agreement	NOUN
cjal-3258	299	17	of	of	ADP
cjal-3258	299	18	all	all	DET
cjal-3258	299	19	the	the	DET
cjal-3258	299	20	contractual	contractual	ADJ
cjal-3258	299	21	parties	party	NOUN
cjal-3258	299	22	,	,	PUNCT
cjal-3258	299	23	and	and	CCONJ
cjal-3258	299	24	compensation	compensation	NOUN
cjal-3258	299	25	is	be	AUX
cjal-3258	299	26	thus	thus	ADV
cjal-3258	299	27	necessary	necessary	ADJ
cjal-3258	299	28	to	to	PART
cjal-3258	299	29	induce	induce	VERB
cjal-3258	299	30	the	the	DET
cjal-3258	299	31	tradable	tradable	ADJ
cjal-3258	299	32	shareholders	shareholder	NOUN
cjal-3258	299	33	to	to	PART
cjal-3258	299	34	agree	agree	VERB
cjal-3258	299	35	to	to	ADP
cjal-3258	299	36	this	this	DET
cjal-3258	299	37	alteration	alteration	NOUN
cjal-3258	299	38	of	of	ADP
cjal-3258	299	39	the	the	DET
cjal-3258	299	40	contract	contract	NOUN
cjal-3258	299	41	.	.	PUNCT
cjal-3258	300	1	78	78	NUM
cjal-3258	300	2	this	this	DET
cjal-3258	300	3	theory	theory	NOUN
cjal-3258	300	4	is	be	AUX
cjal-3258	300	5	based	base	VERB
cjal-3258	300	6	on	on	ADP
cjal-3258	300	7	two	two	NUM
cjal-3258	300	8	related	relate	VERB
cjal-3258	300	9	premises	premise	NOUN
cjal-3258	300	10	concerning	concern	VERB
cjal-3258	300	11	the	the	DET
cjal-3258	300	12	trading	trading	NOUN
cjal-3258	300	13	right	right	NOUN
cjal-3258	300	14	of	of	ADP
cjal-3258	300	15	non	non	ADJ
cjal-3258	300	16	-	-	ADJ
cjal-3258	300	17	tradable	tradable	ADJ
cjal-3258	300	18	shares	share	NOUN
cjal-3258	300	19	.	.	PUNCT
cjal-3258	301	1	first	first	ADV
cjal-3258	301	2	,	,	PUNCT
cjal-3258	301	3	contrary	contrary	ADV
cjal-3258	301	4	to	to	ADP
cjal-3258	301	5	the	the	DET
cjal-3258	301	6	provisions	provision	NOUN
cjal-3258	301	7	of	of	ADP
cjal-3258	301	8	the	the	DET
cjal-3258	301	9	p.r.c	p.r.c	NOUN
cjal-3258	301	10	.	.	PUNCT
cjal-3258	302	1	company	company	NOUN
cjal-3258	302	2	law	law	NOUN
cjal-3258	302	3	,	,	PUNCT
cjal-3258	302	4	the	the	DET
cjal-3258	302	5	tradable	tradable	ADJ
cjal-3258	302	6	shares	share	NOUN
cjal-3258	302	7	and	and	CCONJ
cjal-3258	302	8	non	non	ADJ
cjal-3258	302	9	-	-	ADJ
cjal-3258	302	10	tradable	tradable	ADJ
cjal-3258	302	11	shares	share	NOUN
cjal-3258	302	12	are	be	AUX
cjal-3258	302	13	not	not	PART
cjal-3258	302	14	equal	equal	ADJ
cjal-3258	302	15	;	;	PUNCT
cjal-3258	302	16	the	the	DET
cjal-3258	302	17	fact	fact	NOUN
cjal-3258	302	18	that	that	SCONJ
cjal-3258	302	19	tradable	tradable	ADJ
cjal-3258	302	20	shares	share	NOUN
cjal-3258	302	21	can	can	AUX
cjal-3258	302	22	trade	trade	VERB
cjal-3258	302	23	does	do	AUX
cjal-3258	302	24	not	not	PART
cjal-3258	302	25	necessary	necessary	ADJ
cjal-3258	302	26	imply	imply	VERB
cjal-3258	302	27	that	that	SCONJ
cjal-3258	302	28	non	non	ADJ
cjal-3258	302	29	-	-	ADJ
cjal-3258	302	30	tradable	tradable	ADJ
cjal-3258	302	31	shares	share	NOUN
cjal-3258	302	32	can	can	AUX
cjal-3258	302	33	trade	trade	VERB
cjal-3258	302	34	.	.	PUNCT
cjal-3258	303	1	second	second	ADV
cjal-3258	303	2	,	,	PUNCT
cjal-3258	303	3	the	the	DET
cjal-3258	303	4	non	non	ADJ
cjal-3258	303	5	-	-	ADJ
cjal-3258	303	6	tradable	tradable	ADJ
cjal-3258	303	7	shares	share	NOUN
cjal-3258	303	8	did	do	AUX
cjal-3258	303	9	not	not	PART
cjal-3258	303	10	have	have	VERB
cjal-3258	303	11	the	the	DET
cjal-3258	303	12	right	right	NOUN
cjal-3258	303	13	to	to	PART
cjal-3258	303	14	trade	trade	VERB
cjal-3258	303	15	and	and	CCONJ
cjal-3258	303	16	thus	thus	ADV
cjal-3258	303	17	compensation	compensation	NOUN
cjal-3258	303	18	must	must	AUX
cjal-3258	303	19	be	be	AUX
cjal-3258	303	20	paid	pay	VERB
cjal-3258	303	21	for	for	ADP
cjal-3258	303	22	loss	loss	NOUN
cjal-3258	303	23	arising	arise	VERB
cjal-3258	303	24	from	from	ADP
cjal-3258	303	25	this	this	DET
cjal-3258	303	26	new	new	ADJ
cjal-3258	303	27	ability	ability	NOUN
cjal-3258	303	28	to	to	PART
cjal-3258	303	29	trade	trade	VERB
cjal-3258	303	30	.	.	PUNCT
cjal-3258	304	1	it	it	PRON
cjal-3258	304	2	is	be	AUX
cjal-3258	304	3	our	our	PRON
cjal-3258	304	4	view	view	NOUN
cjal-3258	304	5	that	that	SCONJ
cjal-3258	304	6	this	this	DET
cjal-3258	304	7	contract	contract	NOUN
cjal-3258	304	8	theory	theory	NOUN
cjal-3258	304	9	can	can	AUX
cjal-3258	304	10	not	not	PART
cjal-3258	304	11	provide	provide	VERB
cjal-3258	304	12	a	a	DET
cjal-3258	304	13	valid	valid	ADJ
cjal-3258	304	14	basis	basis	NOUN
cjal-3258	304	15	for	for	ADP
cjal-3258	304	16	the	the	DET
cjal-3258	304	17	current	current	ADJ
cjal-3258	304	18	reform	reform	NOUN
cjal-3258	304	19	.	.	PUNCT
cjal-3258	305	1	we	we	PRON
cjal-3258	305	2	refute	refute	VERB
cjal-3258	305	3	the	the	DET
cjal-3258	305	4	claim	claim	NOUN
cjal-3258	305	5	by	by	ADP
cjal-3258	305	6	first	first	ADV
cjal-3258	305	7	examining	examine	VERB
cjal-3258	305	8	the	the	DET
cjal-3258	305	9	two	two	NUM
cjal-3258	305	10	premises	premise	NOUN
cjal-3258	305	11	,	,	PUNCT
cjal-3258	305	12	arguing	argue	VERB
cjal-3258	305	13	that	that	SCONJ
cjal-3258	305	14	only	only	ADV
cjal-3258	305	15	the	the	DET
cjal-3258	305	16	first	first	ADJ
cjal-3258	305	17	is	be	AUX
cjal-3258	305	18	valid	valid	ADJ
cjal-3258	305	19	.	.	PUNCT
cjal-3258	306	1	we	we	PRON
cjal-3258	306	2	then	then	ADV
cjal-3258	306	3	proceed	proceed	VERB
cjal-3258	306	4	by	by	ADP
cjal-3258	306	5	using	use	VERB
cjal-3258	306	6	ordinary	ordinary	ADJ
cjal-3258	306	7	contractual	contractual	ADJ
cjal-3258	306	8	principles	principle	NOUN
cjal-3258	306	9	to	to	PART
cjal-3258	306	10	unveil	unveil	VERB
cjal-3258	306	11	the	the	DET
cjal-3258	306	12	flaws	flaw	NOUN
cjal-3258	306	13	of	of	ADP
cjal-3258	306	14	the	the	DET
cjal-3258	306	15	theory	theory	NOUN
cjal-3258	306	16	.	.	PUNCT
cjal-3258	307	1	1	1	X
cjal-3258	307	2	.	.	X
cjal-3258	307	3	share	share	NOUN
cjal-3258	307	4	equality	equality	NOUN
cjal-3258	307	5	before	before	ADP
cjal-3258	307	6	the	the	DET
cjal-3258	307	7	latest	late	ADJ
cjal-3258	307	8	amendment	amendment	NOUN
cjal-3258	307	9	to	to	ADP
cjal-3258	307	10	the	the	DET
cjal-3258	307	11	company	company	NOUN
cjal-3258	307	12	law	law	NOUN
cjal-3258	307	13	last	last	ADJ
cjal-3258	307	14	year	year	NOUN
cjal-3258	307	15	,	,	PUNCT
cjal-3258	307	16	section	section	NOUN
cjal-3258	307	17	130	130	NUM
cjal-3258	307	18	stipulated	stipulate	VERB
cjal-3258	307	19	that	that	SCONJ
cjal-3258	307	20	"	"	PUNCT
cjal-3258	307	21	shares	share	NOUN
cjal-3258	307	22	shall	shall	AUX
cjal-3258	307	23	be	be	AUX
cjal-3258	307	24	issued	issue	VERB
cjal-3258	307	25	on	on	ADP
cjal-3258	307	26	the	the	DET
cjal-3258	307	27	basis	basis	NOUN
cjal-3258	307	28	of	of	ADP
cjal-3258	307	29	the	the	DET
cjal-3258	307	30	principle	principle	NOUN
cjal-3258	307	31	of	of	ADP
cjal-3258	307	32	public	public	ADJ
cjal-3258	307	33	,	,	PUNCT
cjal-3258	307	34	fair	fair	ADJ
cjal-3258	307	35	and	and	CCONJ
cjal-3258	307	36	impartial	impartial	ADJ
cjal-3258	307	37	.	.	PUNCT
cjal-3258	308	1	shares	share	NOUN
cjal-3258	308	2	of	of	ADP
cjal-3258	308	3	the	the	DET
cjal-3258	308	4	same	same	ADJ
cjal-3258	308	5	class	class	NOUN
cjal-3258	308	6	must	must	AUX
cjal-3258	308	7	have	have	VERB
cjal-3258	308	8	the	the	DET
cjal-3258	308	9	same	same	ADJ
cjal-3258	308	10	rights	right	NOUN
cjal-3258	308	11	and	and	CCONJ
cjal-3258	308	12	benefits	benefit	NOUN
cjal-3258	308	13	.	.	PUNCT
cjal-3258	309	1	for	for	ADP
cjal-3258	309	2	share	share	NOUN
cjal-3258	309	3	certificates	certificate	NOUN
cjal-3258	309	4	issued	issue	VERB
cjal-3258	309	5	at	at	ADP
cjal-3258	309	6	the	the	DET
cjal-3258	309	7	same	same	ADJ
cjal-3258	309	8	time	time	NOUN
cjal-3258	309	9	should	should	AUX
cjal-3258	309	10	be	be	AUX
cjal-3258	309	11	equal	equal	ADJ
cjal-3258	309	12	in	in	ADP
cjal-3258	309	13	price	price	NOUN
cjal-3258	309	14	and	and	CCONJ
cjal-3258	309	15	each	each	DET
cjal-3258	309	16	share	share	NOUN
cjal-3258	309	17	should	should	AUX
cjal-3258	309	18	have	have	VERB
cjal-3258	309	19	the	the	DET
cjal-3258	309	20	same	same	ADJ
cjal-3258	309	21	issue	issue	NOUN
cjal-3258	309	22	terms	term	NOUN
cjal-3258	309	23	.	.	PUNCT
cjal-3258	310	1	,	,	PUNCT
cjal-3258	310	2	79	79	NUM
cjal-3258	310	3	both	both	CCONJ
cjal-3258	310	4	tradable	tradable	ADJ
cjal-3258	310	5	and	and	CCONJ
cjal-3258	310	6	non	non	ADJ
cjal-3258	310	7	-	-	ADJ
cjal-3258	310	8	tradable	tradable	ADJ
cjal-3258	310	9	shares	share	NOUN
cjal-3258	310	10	were	be	AUX
cjal-3258	310	11	created	create	VERB
cjal-3258	310	12	during	during	ADP
cjal-3258	310	13	the	the	DET
cjal-3258	310	14	stock	stock	NOUN
cjal-3258	310	15	issuance	issuance	NOUN
cjal-3258	310	16	at	at	ADP
cjal-3258	310	17	the	the	DET
cjal-3258	310	18	formation	formation	NOUN
cjal-3258	310	19	of	of	ADP
cjal-3258	310	20	listed	list	VERB
cjal-3258	310	21	companies	company	NOUN
cjal-3258	310	22	,	,	PUNCT
cjal-3258	310	23	and	and	CCONJ
cjal-3258	310	24	it	it	PRON
cjal-3258	310	25	was	be	AUX
cjal-3258	310	26	only	only	ADV
cjal-3258	310	27	http://dycj.ynet.com/article.jsp?oid=6077791	http://dycj.ynet.com/article.jsp?oid=6077791	ADJ
cjal-3258	310	28	;	;	PUNCT
cjal-3258	310	29	a*fitj	a*fitj	PROPN
cjal-3258	310	30	:	:	PUNCT
cjal-3258	310	31	ii1	ii1	NOUN
cjal-3258	310	32	m	m	NOUN
cjal-3258	310	33	'	'	PART
cjal-3258	310	34	ftj	ftj	VERB
cjal-3258	310	35	a	a	DET
cjal-3258	310	36	<	<	X
cjal-3258	310	37	j2w	j2w	NOUN
cjal-3258	310	38	1"j	1"j	NUM
cjal-3258	310	39	]	]	X
cjal-3258	311	1	[	[	X
cjal-3258	311	2	colloquium	colloquium	NOUN
cjal-3258	311	3	:	:	PUNCT
cjal-3258	311	4	legal	legal	ADJ
cjal-3258	311	5	problems	problem	NOUN
cjal-3258	311	6	in	in	ADP
cjal-3258	311	7	the	the	DET
cjal-3258	311	8	listed	list	VERB
cjal-3258	311	9	companies	company	NOUN
cjal-3258	311	10	full	full	ADJ
cjal-3258	311	11	trading	trading	NOUN
cjal-3258	311	12	reform	reform	NOUN
cjal-3258	311	13	]	]	PUNCT
cjal-3258	311	14	,	,	PUNCT
cjal-3258	311	15	in	in	ADP
cjal-3258	311	16	k	k	PROPN
cjal-3258	311	17	aji_.i	aji_.i	PROPN
cjal-3258	311	18	,	,	PUNCT
cjal-3258	311	19	/	/	SYM
cjal-3258	311	20	pj	pj	PROPN
cjal-3258	311	21	m	m	PROPN
cjal-3258	311	22	i/	i/	PROPN
cjal-3258	311	23	2005	2005	NUM
cjal-3258	311	24	!	!	PUNCT
cjal-3258	312	1	t2	t2	NOUN
cjal-3258	312	2	%	%	NOUN
cjal-3258	313	1	[	[	X
cjal-3258	313	2	zhao	zhao	PROPN
cjal-3258	313	3	xudong	xudong	PROPN
cjal-3258	313	4	,	,	PUNCT
cjal-3258	313	5	comments	comment	NOUN
cjal-3258	313	6	on	on	ADP
cjal-3258	313	7	company	company	NOUN
cjal-3258	313	8	laws	law	NOUN
cjal-3258	313	9	2005	2005	NUM
cjal-3258	313	10	2nd	2nd	ADJ
cjal-3258	313	11	issue	issue	NOUN
cjal-3258	313	12	]	]	PUNCT
cjal-3258	313	13	122	122	NUM
cjal-3258	313	14	,	,	PUNCT
cjal-3258	313	15	151	151	NUM
cjal-3258	313	16	(	(	PUNCT
cjal-3258	313	17	2005	2005	NUM
cjal-3258	313	18	)	)	PUNCT
cjal-3258	314	1	[	[	X
cjal-3258	314	2	hereinafter	hereinafter	NOUN
cjal-3258	314	3	colloquium	colloquium	NOUN
cjal-3258	314	4	in	in	ADP
cjal-3258	314	5	comments	comment	NOUN
cjal-3258	314	6	]	]	X
cjal-3258	314	7	;	;	PUNCT
cjal-3258	314	8	mm	mm	PROPN
cjal-3258	314	9	rm	rm	PROPN
cjal-3258	314	10	,	,	PUNCT
cjal-3258	314	11	av	av	PROPN
cjal-3258	315	1	[	[	X
cjal-3258	315	2	the	the	DET
cjal-3258	315	3	truth	truth	NOUN
cjal-3258	315	4	about	about	ADP
cjal-3258	315	5	split	split	ADJ
cjal-3258	315	6	share	share	NOUN
cjal-3258	315	7	structure	structure	NOUN
cjal-3258	315	8	]	]	PUNCT
cjal-3258	315	9	,	,	PUNCT
cjal-3258	315	10	128	128	NUM
cjal-3258	315	11	m1	m1	NOUN
cjal-3258	315	12	[	[	X
cjal-3258	315	13	caijing	caije	VERB
cjal-3258	315	14	mag	mag	PROPN
cjal-3258	315	15	.	.	PUNCT
cjal-3258	315	16	]	]	PUNCT
cjal-3258	316	1	41	41	NUM
cjal-3258	316	2	(	(	PUNCT
cjal-3258	316	3	2005	2005	NUM
cjal-3258	316	4	)	)	PUNCT
cjal-3258	316	5	.	.	PUNCT
cjal-3258	317	1	76	76	NUM
cjal-3258	317	2	tan	tan	ADJ
cjal-3258	317	3	,	,	PUNCT
cjal-3258	317	4	supra	supra	PROPN
cjal-3258	317	5	note	note	NOUN
cjal-3258	317	6	68	68	NUM
cjal-3258	317	7	.	.	PUNCT
cjal-3258	318	1	17	17	NUM
cjal-3258	318	2	1	1	NUM
cjal-3258	318	3	.	.	PUNCT
cjal-3258	318	4	,	,	PUNCT
cjal-3258	319	1	[	[	X
cjal-3258	319	2	contract	contract	NOUN
cjal-3258	319	3	law	law	NOUN
cjal-3258	319	4	of	of	ADP
cjal-3258	319	5	the	the	DET
cjal-3258	319	6	people	people	NOUN
cjal-3258	319	7	's	's	PART
cjal-3258	319	8	republic	republic	NOUN
cjal-3258	319	9	of	of	ADP
cjal-3258	319	10	china	china	PROPN
cjal-3258	319	11	]	]	PUNCT
cjal-3258	319	12	(	(	PUNCT
cjal-3258	319	13	promulgated	promulgate	VERB
cjal-3258	319	14	by	by	ADP
cjal-3258	319	15	the	the	DET
cjal-3258	319	16	standing	standing	NOUN
cjal-3258	319	17	comm	comm	NOUN
cjal-3258	319	18	.	.	PUNCT
cjal-3258	320	1	nat'l	nat'l	NOUN
cjal-3258	320	2	people	people	NOUN
cjal-3258	320	3	's	's	PART
cjal-3258	320	4	cong	cong	NOUN
cjal-3258	320	5	.	.	PROPN
cjal-3258	320	6	,	,	PUNCT
cjal-3258	320	7	mar	mar	PROPN
cjal-3258	320	8	.	.	PROPN
cjal-3258	320	9	15	15	NUM
cjal-3258	320	10	,	,	PUNCT
cjal-3258	320	11	1999	1999	NUM
cjal-3258	320	12	,	,	PUNCT
cjal-3258	320	13	effective	effective	ADJ
cjal-3258	320	14	oct	oct	PROPN
cjal-3258	320	15	.	.	PROPN
cjal-3258	320	16	1	1	NUM
cjal-3258	320	17	,	,	PUNCT
cjal-3258	320	18	1999	1999	NUM
cjal-3258	320	19	)	)	PUNCT
cjal-3258	320	20	,	,	PUNCT
cjal-3258	320	21	translated	translate	VERB
cjal-3258	320	22	in	in	ADP
cjal-3258	320	23	chinalawinfo	chinalawinfo	NOUN
cjal-3258	320	24	(	(	PUNCT
cjal-3258	320	25	lexis	lexis	NOUN
cjal-3258	320	26	)	)	PUNCT
cjal-3258	320	27	prcleg	prcleg	NOUN
cjal-3258	320	28	1080	1080	NUM
cjal-3258	320	29	.	.	PUNCT
cjal-3258	321	1	78	78	NUM
cjal-3258	321	2	tan	tan	ADJ
cjal-3258	321	3	,	,	PUNCT
cjal-3258	321	4	supra	supra	PROPN
cjal-3258	321	5	note	note	PROPN
cjal-3258	321	6	68	68	NUM
cjal-3258	321	7	;	;	PUNCT
cjal-3258	321	8	luo	luo	PROPN
cjal-3258	321	9	,	,	PUNCT
cjal-3258	321	10	supra	supra	PROPN
cjal-3258	321	11	note	note	PROPN
cjal-3258	321	12	22	22	NUM
cjal-3258	321	13	,	,	PUNCT
cjal-3258	321	14	at	at	ADP
cjal-3258	321	15	19	19	NUM
cjal-3258	321	16	.	.	NOUN
cjal-3258	321	17	7	7	NUM
cjal-3258	321	18	]	]	SYM
cjal-3258	321	19	8	8	NUM
cjal-3258	322	1	[	[	X
cjal-3258	322	2	company	company	NOUN
cjal-3258	322	3	law	law	NOUN
cjal-3258	322	4	of	of	ADP
cjal-3258	322	5	the	the	DET
cjal-3258	322	6	people	people	NOUN
cjal-3258	322	7	's	's	PART
cjal-3258	322	8	republic	republic	NOUN
cjal-3258	322	9	of	of	ADP
cjal-3258	322	10	china	china	PROPN
cjal-3258	322	11	]	]	PUNCT
cjal-3258	322	12	(	(	PUNCT
cjal-3258	322	13	promulgated	promulgate	VERB
cjal-3258	322	14	by	by	ADP
cjal-3258	322	15	the	the	DET
cjal-3258	322	16	standing	standing	NOUN
cjal-3258	322	17	comm	comm	NOUN
cjal-3258	322	18	.	.	PUNCT
cjal-3258	323	1	nat'l	nat'l	NOUN
cjal-3258	323	2	people	people	NOUN
cjal-3258	323	3	's	's	PART
cjal-3258	323	4	cong	cong	NOUN
cjal-3258	323	5	.	.	PUNCT
cjal-3258	323	6	,	,	PUNCT
cjal-3258	323	7	dec	dec	PROPN
cjal-3258	323	8	.	.	PROPN
cjal-3258	323	9	29	29	NUM
cjal-3258	323	10	,	,	PUNCT
cjal-3258	323	11	1993	1993	NUM
cjal-3258	323	12	,	,	PUNCT
cjal-3258	323	13	effective	effective	ADJ
cjal-3258	323	14	july	july	PROPN
cjal-3258	323	15	1	1	NUM
cjal-3258	323	16	,	,	PUNCT
cjal-3258	323	17	1994	1994	NUM
cjal-3258	323	18	)	)	PUNCT
cjal-3258	323	19	,	,	PUNCT
cjal-3258	323	20	translated	translate	VERB
cjal-3258	323	21	in	in	ADP
cjal-3258	323	22	chinalawinfo	chinalawinfo	NOUN
cjal-3258	323	23	(	(	PUNCT
cjal-3258	323	24	lexis	lexis	NOUN
cjal-3258	323	25	)	)	PUNCT
cjal-3258	323	26	prcleg	prcleg	NOUN
cjal-3258	323	27	641	641	NUM
cjal-3258	323	28	(	(	PUNCT
cjal-3258	323	29	emphasis	emphasis	NOUN
cjal-3258	323	30	added	add	VERB
cjal-3258	323	31	)	)	PUNCT
cjal-3258	323	32	.	.	PUNCT
cjal-3258	324	1	2006	2006	NUM
cjal-3258	324	2	]	]	PUNCT
cjal-3258	324	3	313	313	NUM
cjal-3258	324	4	columbia	columbia	PROPN
cjal-3258	324	5	journal	journal	PROPN
cjal-3258	324	6	ofasianla	ofasianla	PROPN
cjal-3258	324	7	w	w	PROPN
cjal-3258	324	8	shortly	shortly	ADV
cjal-3258	324	9	after	after	ADP
cjal-3258	324	10	this	this	DET
cjal-3258	324	11	process	process	NOUN
cjal-3258	324	12	that	that	PRON
cjal-3258	324	13	the	the	DET
cjal-3258	324	14	government	government	NOUN
cjal-3258	324	15	imposed	impose	VERB
cjal-3258	324	16	trading	trading	NOUN
cjal-3258	324	17	restrictions	restriction	NOUN
cjal-3258	324	18	on	on	ADP
cjal-3258	324	19	non	non	ADJ
cjal-3258	324	20	-	-	ADJ
cjal-3258	324	21	tradable	tradable	ADJ
cjal-3258	324	22	shares	share	NOUN
cjal-3258	324	23	.	.	PUNCT
cjal-3258	325	1	80	80	NUM
cjal-3258	325	2	this	this	PRON
cjal-3258	325	3	has	have	AUX
cjal-3258	325	4	led	lead	VERB
cjal-3258	325	5	some	some	DET
cjal-3258	325	6	scholars	scholar	NOUN
cjal-3258	325	7	to	to	PART
cjal-3258	325	8	argue	argue	VERB
cjal-3258	325	9	that	that	SCONJ
cjal-3258	325	10	no	no	DET
cjal-3258	325	11	compensation	compensation	NOUN
cjal-3258	325	12	should	should	AUX
cjal-3258	325	13	be	be	AUX
cjal-3258	325	14	payable	payable	ADJ
cjal-3258	325	15	to	to	AUX
cjal-3258	325	16	tradable	tradable	VERB
cjal-3258	325	17	shareholders	shareholder	NOUN
cjal-3258	325	18	for	for	ADP
cjal-3258	325	19	the	the	DET
cjal-3258	325	20	trading	trading	NOUN
cjal-3258	325	21	of	of	ADP
cjal-3258	325	22	non	non	ADJ
cjal-3258	325	23	-	-	ADJ
cjal-3258	325	24	tradable	tradable	ADJ
cjal-3258	325	25	shares	share	NOUN
cjal-3258	325	26	.	.	PUNCT
cjal-3258	326	1	8	8	NUM
cjal-3258	326	2	'	'	PUNCT
cjal-3258	326	3	this	this	DET
cjal-3258	326	4	theory	theory	NOUN
cjal-3258	326	5	clearly	clearly	ADV
cjal-3258	326	6	favored	favor	VERB
cjal-3258	326	7	the	the	DET
cjal-3258	326	8	non	non	ADJ
cjal-3258	326	9	-	-	ADJ
cjal-3258	326	10	tradable	tradable	ADJ
cjal-3258	326	11	shareholders	shareholder	NOUN
cjal-3258	326	12	and	and	CCONJ
cjal-3258	326	13	has	have	AUX
cjal-3258	326	14	been	be	AUX
cjal-3258	326	15	rejected	reject	VERB
cjal-3258	326	16	by	by	ADP
cjal-3258	326	17	the	the	DET
cjal-3258	326	18	market	market	NOUN
cjal-3258	326	19	,	,	PUNCT
cjal-3258	326	20	which	which	PRON
cjal-3258	326	21	consist	consist	VERB
cjal-3258	326	22	mainly	mainly	ADV
cjal-3258	326	23	of	of	ADP
cjal-3258	326	24	tradable	tradable	ADJ
cjal-3258	326	25	shareholders	shareholder	NOUN
cjal-3258	326	26	,	,	PUNCT
cjal-3258	326	27	82	82	NUM
cjal-3258	326	28	as	as	SCONJ
cjal-3258	326	29	evidenced	evidence	VERB
cjal-3258	326	30	by	by	ADP
cjal-3258	326	31	the	the	DET
cjal-3258	326	32	failure	failure	NOUN
cjal-3258	326	33	of	of	ADP
cjal-3258	326	34	the	the	DET
cjal-3258	326	35	initial	initial	ADJ
cjal-3258	326	36	2001	2001	NUM
cjal-3258	326	37	reform	reform	NOUN
cjal-3258	326	38	that	that	PRON
cjal-3258	326	39	was	be	AUX
cjal-3258	326	40	based	base	VERB
cjal-3258	326	41	on	on	ADP
cjal-3258	326	42	the	the	DET
cjal-3258	326	43	premise	premise	NOUN
cjal-3258	326	44	that	that	SCONJ
cjal-3258	326	45	the	the	DET
cjal-3258	326	46	tradable	tradable	ADJ
cjal-3258	326	47	and	and	CCONJ
cjal-3258	326	48	non	non	ADJ
cjal-3258	326	49	-	-	ADJ
cjal-3258	326	50	tradable	tradable	ADJ
cjal-3258	326	51	shares	share	NOUN
cjal-3258	326	52	are	be	AUX
cjal-3258	326	53	equal	equal	ADJ
cjal-3258	326	54	.	.	PUNCT
cjal-3258	327	1	indeed	indeed	ADV
cjal-3258	327	2	,	,	PUNCT
cjal-3258	327	3	one	one	PRON
cjal-3258	327	4	can	can	AUX
cjal-3258	327	5	not	not	PART
cjal-3258	327	6	ignore	ignore	VERB
cjal-3258	327	7	the	the	DET
cjal-3258	327	8	great	great	ADJ
cjal-3258	327	9	difference	difference	NOUN
cjal-3258	327	10	between	between	ADP
cjal-3258	327	11	the	the	DET
cjal-3258	327	12	market	market	NOUN
cjal-3258	327	13	value	value	NOUN
cjal-3258	327	14	of	of	ADP
cjal-3258	327	15	tradable	tradable	ADJ
cjal-3258	327	16	shares	share	NOUN
cjal-3258	327	17	and	and	CCONJ
cjal-3258	327	18	non	non	ADJ
cjal-3258	327	19	-	-	ADJ
cjal-3258	327	20	tradable	tradable	ADJ
cjal-3258	327	21	shares	share	NOUN
cjal-3258	327	22	.	.	PUNCT
cjal-3258	328	1	83	83	NUM
cjal-3258	328	2	this	this	PRON
cjal-3258	328	3	was	be	AUX
cjal-3258	328	4	especially	especially	ADV
cjal-3258	328	5	so	so	ADV
cjal-3258	328	6	as	as	SCONJ
cjal-3258	328	7	the	the	DET
cjal-3258	328	8	non	non	ADJ
cjal-3258	328	9	-	-	ADJ
cjal-3258	328	10	tradable	tradable	ADJ
cjal-3258	328	11	shareholders	shareholder	NOUN
cjal-3258	328	12	have	have	AUX
cjal-3258	328	13	profited	profit	VERB
cjal-3258	328	14	tremendously	tremendously	ADV
cjal-3258	328	15	from	from	ADP
cjal-3258	328	16	the	the	DET
cjal-3258	328	17	difference	difference	NOUN
cjal-3258	328	18	in	in	ADP
cjal-3258	328	19	rights	right	NOUN
cjal-3258	328	20	between	between	ADP
cjal-3258	328	21	the	the	DET
cjal-3258	328	22	two	two	NUM
cjal-3258	328	23	types	type	NOUN
cjal-3258	328	24	of	of	ADP
cjal-3258	328	25	shares	share	NOUN
cjal-3258	328	26	.	.	PUNCT
cjal-3258	329	1	it	it	PRON
cjal-3258	329	2	is	be	AUX
cjal-3258	329	3	clearly	clearly	ADV
cjal-3258	329	4	inequitable	inequitable	ADJ
cjal-3258	329	5	and	and	CCONJ
cjal-3258	329	6	without	without	ADP
cjal-3258	329	7	legal	legal	ADJ
cjal-3258	329	8	basis	basis	NOUN
cjal-3258	329	9	for	for	SCONJ
cjal-3258	329	10	them	they	PRON
cjal-3258	329	11	to	to	PART
cjal-3258	329	12	insist	insist	VERB
cjal-3258	329	13	on	on	ADP
cjal-3258	329	14	having	have	VERB
cjal-3258	329	15	equal	equal	ADJ
cjal-3258	329	16	rights	right	NOUN
cjal-3258	329	17	now.84	now.84	ADP
cjal-3258	329	18	the	the	DET
cjal-3258	329	19	latest	late	ADJ
cjal-3258	329	20	company	company	NOUN
cjal-3258	329	21	law	law	NOUN
cjal-3258	329	22	amendments	amendment	NOUN
cjal-3258	329	23	85	85	NUM
cjal-3258	329	24	change	change	NOUN
cjal-3258	329	25	the	the	DET
cjal-3258	329	26	former	former	ADJ
cjal-3258	329	27	section	section	NOUN
cjal-3258	329	28	130	130	NUM
cjal-3258	329	29	to	to	ADP
cjal-3258	329	30	the	the	DET
cjal-3258	329	31	current	current	ADJ
cjal-3258	329	32	section	section	NOUN
cjal-3258	329	33	127	127	NUM
cjal-3258	329	34	,	,	PUNCT
cjal-3258	329	35	which	which	PRON
cjal-3258	329	36	clarifies	clarify	VERB
cjal-3258	329	37	that	that	SCONJ
cjal-3258	329	38	"	"	PUNCT
cjal-3258	329	39	the	the	DET
cjal-3258	329	40	issue	issue	NOUN
cjal-3258	329	41	of	of	ADP
cjal-3258	329	42	shares	share	NOUN
cjal-3258	329	43	should	should	AUX
cjal-3258	329	44	adhere	adhere	VERB
cjal-3258	329	45	to	to	ADP
cjal-3258	329	46	the	the	DET
cjal-3258	329	47	fair	fair	ADJ
cjal-3258	329	48	and	and	CCONJ
cjal-3258	329	49	just	just	ADV
cjal-3258	329	50	principle	principle	ADJ
cjal-3258	329	51	.	.	PUNCT
cjal-3258	330	1	there	there	PRON
cjal-3258	330	2	should	should	AUX
cjal-3258	330	3	be	be	AUX
cjal-3258	330	4	equal	equal	ADJ
cjal-3258	330	5	rights	right	NOUN
cjal-3258	330	6	among	among	ADP
cjal-3258	330	7	all	all	DET
cjal-3258	330	8	shares	share	NOUN
cjal-3258	330	9	within	within	ADP
cjal-3258	330	10	the	the	DET
cjal-3258	330	11	same	same	ADJ
cjal-3258	330	12	category	category	NOUN
cjal-3258	330	13	.	.	PUNCT
cjal-3258	331	1	the	the	DET
cjal-3258	331	2	price	price	NOUN
cjal-3258	331	3	and	and	CCONJ
cjal-3258	331	4	condition	condition	NOUN
cjal-3258	331	5	of	of	ADP
cjal-3258	331	6	issue	issue	NOUN
cjal-3258	331	7	of	of	ADP
cjal-3258	331	8	each	each	DET
cjal-3258	331	9	share	share	NOUN
cjal-3258	331	10	for	for	ADP
cjal-3258	331	11	the	the	DET
cjal-3258	331	12	same	same	ADJ
cjal-3258	331	13	type	type	NOUN
cjal-3258	331	14	of	of	ADP
cjal-3258	331	15	shares	share	NOUN
cjal-3258	331	16	in	in	ADP
cjal-3258	331	17	the	the	DET
cjal-3258	331	18	same	same	ADJ
cjal-3258	331	19	issue	issue	NOUN
cjal-3258	331	20	should	should	AUX
cjal-3258	331	21	be	be	AUX
cjal-3258	331	22	the	the	DET
cjal-3258	331	23	same	same	ADJ
cjal-3258	331	24	.	.	PUNCT
cjal-3258	331	25	"	"	PUNCT
cjal-3258	332	1	86	86	NUM
cjal-3258	332	2	this	this	DET
cjal-3258	332	3	amendment	amendment	NOUN
cjal-3258	332	4	expressly	expressly	ADV
cjal-3258	332	5	acknowledges	acknowledge	VERB
cjal-3258	332	6	the	the	DET
cjal-3258	332	7	possibility	possibility	NOUN
cjal-3258	332	8	of	of	ADP
cjal-3258	332	9	different	different	ADJ
cjal-3258	332	10	types	type	NOUN
cjal-3258	332	11	of	of	ADP
cjal-3258	332	12	shares	share	NOUN
cjal-3258	332	13	with	with	ADP
cjal-3258	332	14	different	different	ADJ
cjal-3258	332	15	rights	right	NOUN
cjal-3258	332	16	even	even	ADV
cjal-3258	332	17	in	in	ADP
cjal-3258	332	18	the	the	DET
cjal-3258	332	19	same	same	ADJ
cjal-3258	332	20	issue	issue	NOUN
cjal-3258	332	21	,	,	PUNCT
cjal-3258	332	22	rectifying	rectify	VERB
cjal-3258	332	23	a	a	DET
cjal-3258	332	24	major	major	ADJ
cjal-3258	332	25	legal	legal	ADJ
cjal-3258	332	26	obstacle	obstacle	NOUN
cjal-3258	332	27	in	in	ADP
cjal-3258	332	28	the	the	DET
cjal-3258	332	29	current	current	ADJ
cjal-3258	332	30	reform	reform	NOUN
cjal-3258	332	31	.	.	PUNCT
cjal-3258	333	1	we	we	PRON
cjal-3258	333	2	agree	agree	VERB
cjal-3258	333	3	that	that	SCONJ
cjal-3258	333	4	tradable	tradable	ADJ
cjal-3258	333	5	shares	share	NOUN
cjal-3258	333	6	and	and	CCONJ
cjal-3258	333	7	non	non	ADJ
cjal-3258	333	8	-	-	ADJ
cjal-3258	333	9	tradable	tradable	ADJ
cjal-3258	333	10	shares	share	NOUN
cjal-3258	333	11	are	be	AUX
cjal-3258	333	12	not	not	PART
cjal-3258	333	13	equal	equal	ADJ
cjal-3258	333	14	shares	share	NOUN
cjal-3258	333	15	with	with	ADP
cjal-3258	333	16	equal	equal	ADJ
cjal-3258	333	17	rights	right	NOUN
cjal-3258	333	18	.	.	PUNCT
cjal-3258	334	1	both	both	DET
cjal-3258	334	2	types	type	NOUN
cjal-3258	334	3	of	of	ADP
cjal-3258	334	4	shares	share	NOUN
cjal-3258	334	5	are	be	AUX
cjal-3258	334	6	subject	subject	ADJ
cjal-3258	334	7	to	to	ADP
cjal-3258	334	8	different	different	ADJ
cjal-3258	334	9	regulations	regulation	NOUN
cjal-3258	334	10	,	,	PUNCT
cjal-3258	334	11	and	and	CCONJ
cjal-3258	334	12	non	non	ADJ
cjal-3258	334	13	-	-	ADJ
cjal-3258	334	14	tradable	tradable	ADJ
cjal-3258	334	15	shares	share	NOUN
cjal-3258	334	16	especially	especially	ADV
cjal-3258	334	17	state	state	NOUN
cjal-3258	334	18	shares	share	NOUN
cjal-3258	334	19	have	have	VERB
cjal-3258	334	20	additional	additional	ADJ
cjal-3258	334	21	restrictions	restriction	NOUN
cjal-3258	334	22	and	and	CCONJ
cjal-3258	334	23	applicable	applicable	ADJ
cjal-3258	334	24	regulations	regulation	NOUN
cjal-3258	334	25	.	.	PUNCT
cjal-3258	335	1	to	to	PART
cjal-3258	335	2	insist	insist	VERB
cjal-3258	335	3	otherwise	otherwise	ADV
cjal-3258	335	4	would	would	AUX
cjal-3258	335	5	not	not	PART
cjal-3258	335	6	only	only	ADV
cjal-3258	335	7	ignore	ignore	VERB
cjal-3258	335	8	the	the	DET
cjal-3258	335	9	current	current	ADJ
cjal-3258	335	10	practical	practical	ADJ
cjal-3258	335	11	and	and	CCONJ
cjal-3258	335	12	economic	economic	ADJ
cjal-3258	335	13	realities	reality	NOUN
cjal-3258	335	14	,	,	PUNCT
cjal-3258	335	15	but	but	CCONJ
cjal-3258	335	16	would	would	AUX
cjal-3258	335	17	also	also	ADV
cjal-3258	335	18	be	be	AUX
cjal-3258	335	19	contrary	contrary	ADJ
cjal-3258	335	20	to	to	ADP
cjal-3258	335	21	legal	legal	ADJ
cjal-3258	335	22	principles	principle	NOUN
cjal-3258	335	23	.	.	PUNCT
cjal-3258	336	1	80	80	NUM
cjal-3258	336	2	i	i	PRON
cjal-3258	336	3	,	,	PUNCT
cjal-3258	336	4	'	'	PUNCT
cjal-3258	336	5	,	,	PUNCT
cjal-3258	336	6	[	[	PUNCT
cjal-3258	336	7	:	:	PUNCT
cjal-3258	336	8	ij	ij	NOUN
cjal-3258	336	9	''	''	PUNCT
cjal-3258	336	10	?	?	PUNCT
cjal-3258	337	1	[	[	X
cjal-3258	337	2	chen	chen	PROPN
cjal-3258	337	3	huaidong	huaidong	PROPN
cjal-3258	337	4	,	,	PUNCT
cjal-3258	337	5	has	have	VERB
cjal-3258	337	6	the	the	DET
cjal-3258	337	7	right	right	NOUN
cjal-3258	337	8	to	to	PART
cjal-3258	337	9	trade	trade	VERB
cjal-3258	337	10	state	state	NOUN
cjal-3258	337	11	-	-	PUNCT
cjal-3258	337	12	held	hold	VERB
cjal-3258	337	13	shares	share	NOUN
cjal-3258	337	14	been	be	AUX
cjal-3258	337	15	given	give	VERB
cjal-3258	337	16	up	up	ADP
cjal-3258	337	17	?	?	PUNCT
cjal-3258	337	18	]	]	X
cjal-3258	337	19	,	,	PUNCT
cjal-3258	337	20	128	128	NUM
cjal-3258	337	21	mil4	mil4	NOUN
cjal-3258	337	22	[	[	X
cjal-3258	337	23	caijing	caije	VERB
cjal-3258	337	24	mag	mag	PROPN
cjal-3258	337	25	.	.	PUNCT
cjal-3258	337	26	]	]	PUNCT
cjal-3258	338	1	39	39	NUM
cjal-3258	338	2	(	(	PUNCT
cjal-3258	338	3	2005	2005	NUM
cjal-3258	338	4	)	)	PUNCT
cjal-3258	338	5	.	.	PUNCT
cjal-3258	339	1	s	s	AUX
cjal-3258	339	2	see	see	VERB
cjal-3258	339	3	931	931	NUM
cjal-3258	339	4	,	,	PUNCT
cjal-3258	340	1	[	[	X
cjal-3258	340	2	dan	dan	PROPN
cjal-3258	340	3	weijian	weijian	PROPN
cjal-3258	340	4	,	,	PUNCT
cjal-3258	340	5	why	why	SCONJ
cjal-3258	340	6	did	do	AUX
cjal-3258	340	7	i	i	PRON
cjal-3258	340	8	cast	cast	VERB
cjal-3258	340	9	a	a	DET
cjal-3258	340	10	vote	vote	NOUN
cjal-3258	340	11	of	of	ADP
cjal-3258	340	12	opposition	opposition	NOUN
cjal-3258	340	13	?	?	PUNCT
cjal-3258	340	14	]	]	X
cjal-3258	340	15	,	,	PUNCT
cjal-3258	340	16	139	139	NUM
cjal-3258	340	17	m	m	NOUN
cjal-3258	340	18	k	k	NOUN
cjal-3258	341	1	[	[	X
cjal-3258	341	2	caijing	caije	VERB
cjal-3258	341	3	mag	mag	PROPN
cjal-3258	341	4	.	.	PUNCT
cjal-3258	341	5	]	]	PUNCT
cjal-3258	342	1	23	23	NUM
cjal-3258	342	2	(	(	PUNCT
cjal-3258	342	3	2005	2005	NUM
cjal-3258	342	4	)	)	PUNCT
cjal-3258	342	5	.	.	PUNCT
cjal-3258	343	1	82	82	NUM
cjal-3258	343	2	wf	wf	PROPN
cjal-3258	343	3	,	,	PUNCT
cjal-3258	343	4	)	)	PUNCT
cjal-3258	343	5	p(v	p(v	NOUN
cjal-3258	343	6	irij	irij	NOUN
cjal-3258	343	7	l	l	NOUN
cjal-3258	344	1	[	[	X
cjal-3258	344	2	zhang	zhang	NUM
cjal-3258	344	3	weixing	weixing	NOUN
cjal-3258	344	4	,	,	PUNCT
cjal-3258	344	5	a	a	DET
cjal-3258	344	6	clear	clear	ADJ
cjal-3258	344	7	theory	theory	NOUN
cjal-3258	344	8	is	be	AUX
cjal-3258	344	9	the	the	DET
cjal-3258	344	10	precondition	precondition	NOUN
cjal-3258	344	11	for	for	ADP
cjal-3258	344	12	solving	solve	VERB
cjal-3258	344	13	the	the	DET
cjal-3258	344	14	split	split	ADJ
cjal-3258	344	15	share	share	NOUN
cjal-3258	344	16	structure	structure	NOUN
cjal-3258	344	17	problem	problem	NOUN
cjal-3258	344	18	]	]	X
cjal-3258	344	19	,	,	PUNCT
cjal-3258	344	20	el	el	PROPN
cjal-3258	344	21	4	4	NUM
cjal-3258	344	22	[	[	NOUN
cjal-3258	344	23	no	no	INTJ
cjal-3258	344	24	.	.	NOUN
cjal-3258	344	25	1	1	NUM
cjal-3258	344	26	fin	fin	NOUN
cjal-3258	344	27	.	.	PUNCT
cjal-3258	345	1	daily	daily	PROPN
cjal-3258	345	2	]	]	X
cjal-3258	345	3	,	,	PUNCT
cjal-3258	345	4	mar	mar	PROPN
cjal-3258	345	5	.	.	PROPN
cjal-3258	345	6	30	30	NUM
cjal-3258	345	7	,	,	PUNCT
cjal-3258	345	8	2005	2005	NUM
cjal-3258	345	9	,	,	PUNCT
cjal-3258	345	10	at	at	ADP
cjal-3258	345	11	b	b	NOUN
cjal-3258	345	12	1	1	NUM
cjal-3258	345	13	,	,	PUNCT
cjal-3258	345	14	available	available	ADJ
cjal-3258	345	15	at	at	ADP
cjal-3258	345	16	http://dycj.ynet.com/article.jsp?oid=4970081	http://dycj.ynet.com/article.jsp?oid=4970081	PROPN
cjal-3258	345	17	.	.	PUNCT
cjal-3258	346	1	83	83	NUM
cjal-3258	346	2	tan	tan	ADJ
cjal-3258	346	3	,	,	PUNCT
cjal-3258	346	4	supra	supra	PROPN
cjal-3258	346	5	note	note	NOUN
cjal-3258	346	6	68	68	NUM
cjal-3258	346	7	.	.	PUNCT
cjal-3258	347	1	84	84	NUM
cjal-3258	347	2	luo	luo	PROPN
cjal-3258	347	3	,	,	PUNCT
cjal-3258	347	4	supra	supra	PROPN
cjal-3258	347	5	note	note	PROPN
cjal-3258	347	6	22	22	NUM
cjal-3258	347	7	,	,	PUNCT
cjal-3258	347	8	at	at	ADP
cjal-3258	347	9	17	17	NUM
cjal-3258	347	10	.	.	NOUN
cjal-3258	347	11	85	85	NUM
cjal-3258	347	12	,	,	PUNCT
cjal-3258	347	13	=	=	NOUN
cjal-3258	347	14	i	i	NUM
cjal-3258	347	15	8	8	X
cjal-3258	347	16	[	[	X
cjal-3258	347	17	company	company	NOUN
cjal-3258	347	18	law	law	NOUN
cjal-3258	347	19	]	]	PUNCT
cjal-3258	347	20	(	(	PUNCT
cjal-3258	347	21	promulgated	promulgate	VERB
cjal-3258	347	22	by	by	ADP
cjal-3258	347	23	the	the	DET
cjal-3258	347	24	standing	standing	NOUN
cjal-3258	347	25	comm	comm	NOUN
cjal-3258	347	26	.	.	PUNCT
cjal-3258	348	1	nat'l	nat'l	NOUN
cjal-3258	348	2	people	people	NOUN
cjal-3258	348	3	's	's	PART
cjal-3258	348	4	cong	cong	NOUN
cjal-3258	348	5	.	.	PROPN
cjal-3258	348	6	,	,	PUNCT
cjal-3258	348	7	oct	oct	PROPN
cjal-3258	348	8	.	.	PROPN
cjal-3258	348	9	27	27	NUM
cjal-3258	348	10	,	,	PUNCT
cjal-3258	348	11	2005	2005	NUM
cjal-3258	348	12	,	,	PUNCT
cjal-3258	348	13	effective	effective	ADJ
cjal-3258	348	14	jan	jan	PROPN
cjal-3258	348	15	.	.	PROPN
cjal-3258	348	16	1	1	NUM
cjal-3258	348	17	,	,	PUNCT
cjal-3258	348	18	2006	2006	NUM
cjal-3258	348	19	)	)	PUNCT
cjal-3258	348	20	2005	2005	NUM
cjal-3258	349	1	[	[	PUNCT
cjal-3258	349	2	[	[	X
cjal-3258	349	3	standing	standing	NOUN
cjal-3258	349	4	comm	comm	NOUN
cjal-3258	349	5	.	.	PUNCT
cjal-3258	350	1	nat'l	nat'l	NOUN
cjal-3258	350	2	people	people	NOUN
cjal-3258	350	3	's	's	PART
cjal-3258	350	4	cong	cong	NOUN
cjal-3258	350	5	.	.	PUNCT
cjal-3258	351	1	gaz	gaz	PROPN
cjal-3258	351	2	.	.	PUNCT
cjal-3258	351	3	]	]	PUNCT
cjal-3258	352	1	548	548	NUM
cjal-3258	352	2	.	.	X
cjal-3258	352	3	86	86	NUM
cjal-3258	353	1	i	i	PROPN
cjal-3258	353	2	d.	d.	PROPN
cjal-3258	353	3	§	§	PROPN
cjal-3258	353	4	127	127	NUM
cjal-3258	353	5	(	(	PUNCT
cjal-3258	353	6	emphasis	emphasis	NOUN
cjal-3258	353	7	added	add	VERB
cjal-3258	353	8	)	)	PUNCT
cjal-3258	353	9	.	.	PUNCT
cjal-3258	354	1	[	[	X
cjal-3258	354	2	20:1	20:1	NUM
cjal-3258	354	3	regulatory	regulatory	ADJ
cjal-3258	354	4	givings	giving	NOUN
cjal-3258	354	5	in	in	ADP
cjal-3258	354	6	china	china	PROPN
cjal-3258	354	7	2	2	NUM
cjal-3258	354	8	.	.	PUNCT
cjal-3258	354	9	trading	trading	NOUN
cjal-3258	354	10	rights	right	NOUN
cjal-3258	354	11	and	and	CCONJ
cjal-3258	354	12	non	non	ADJ
cjal-3258	354	13	-	-	ADJ
cjal-3258	354	14	tradable	tradable	ADJ
cjal-3258	354	15	shares	share	NOUN
cjal-3258	354	16	while	while	SCONJ
cjal-3258	354	17	we	we	PRON
cjal-3258	354	18	agree	agree	VERB
cjal-3258	354	19	that	that	SCONJ
cjal-3258	354	20	the	the	DET
cjal-3258	354	21	two	two	NUM
cjal-3258	354	22	types	type	NOUN
cjal-3258	354	23	of	of	ADP
cjal-3258	354	24	shares	share	NOUN
cjal-3258	354	25	are	be	AUX
cjal-3258	354	26	not	not	PART
cjal-3258	354	27	equal	equal	ADJ
cjal-3258	354	28	,	,	PUNCT
cjal-3258	354	29	we	we	PRON
cjal-3258	354	30	do	do	AUX
cjal-3258	354	31	not	not	PART
cjal-3258	354	32	think	think	VERB
cjal-3258	354	33	that	that	SCONJ
cjal-3258	354	34	non	non	ADJ
cjal-3258	354	35	-	-	ADJ
cjal-3258	354	36	tradable	tradable	ADJ
cjal-3258	354	37	shares	share	NOUN
cjal-3258	354	38	either	either	CCONJ
cjal-3258	354	39	lose	lose	VERB
cjal-3258	354	40	their	their	PRON
cjal-3258	354	41	trading	trading	NOUN
cjal-3258	354	42	rights	right	NOUN
cjal-3258	354	43	or	or	CCONJ
cjal-3258	354	44	did	do	AUX
cjal-3258	354	45	not	not	PART
cjal-3258	354	46	have	have	VERB
cjal-3258	354	47	them	they	PRON
cjal-3258	354	48	in	in	ADP
cjal-3258	354	49	the	the	DET
cjal-3258	354	50	first	first	ADJ
cjal-3258	354	51	place	place	NOUN
cjal-3258	354	52	.	.	PUNCT
cjal-3258	355	1	it	it	PRON
cjal-3258	355	2	is	be	AUX
cjal-3258	355	3	well	well	ADV
cjal-3258	355	4	acknowledged	acknowledge	VERB
cjal-3258	355	5	,	,	PUNCT
cjal-3258	355	6	87	87	NUM
cjal-3258	355	7	even	even	ADV
cjal-3258	355	8	among	among	ADP
cjal-3258	355	9	scholars	scholar	NOUN
cjal-3258	355	10	advocating	advocate	VERB
cjal-3258	355	11	consideration	consideration	NOUN
cjal-3258	355	12	be	be	AUX
cjal-3258	355	13	paid	pay	VERB
cjal-3258	355	14	for	for	ADP
cjal-3258	355	15	trading	trading	NOUN
cjal-3258	355	16	,	,	PUNCT
cjal-3258	355	17	88	88	NUM
cjal-3258	355	18	that	that	SCONJ
cjal-3258	355	19	there	there	PRON
cjal-3258	355	20	are	be	VERB
cjal-3258	355	21	no	no	DET
cjal-3258	355	22	laws	law	NOUN
cjal-3258	355	23	or	or	CCONJ
cjal-3258	355	24	regulations	regulation	NOUN
cjal-3258	355	25	expressly	expressly	ADV
cjal-3258	355	26	removing	remove	VERB
cjal-3258	355	27	the	the	DET
cjal-3258	355	28	non	non	ADJ
cjal-3258	355	29	-	-	ADJ
cjal-3258	355	30	tradable	tradable	ADJ
cjal-3258	355	31	shares	share	NOUN
cjal-3258	355	32	'	'	PART
cjal-3258	355	33	trading	trading	NOUN
cjal-3258	355	34	rights	right	NOUN
cjal-3258	355	35	.	.	PUNCT
cjal-3258	356	1	luo	luo	PROPN
cjal-3258	356	2	peixin	peixin	PROPN
cjal-3258	356	3	argued	argue	VERB
cjal-3258	356	4	that	that	SCONJ
cjal-3258	356	5	under	under	ADP
cjal-3258	356	6	the	the	DET
cjal-3258	356	7	old	old	ADJ
cjal-3258	356	8	company	company	NOUN
cjal-3258	356	9	law	law	NOUN
cjal-3258	356	10	sections	section	NOUN
cjal-3258	356	11	74	74	NUM
cjal-3258	356	12	(	(	PUNCT
cjal-3258	356	13	now	now	ADV
cjal-3258	356	14	section	section	NOUN
cjal-3258	356	15	78	78	NUM
cjal-3258	356	16	)	)	PUNCT
cjal-3258	356	17	,	,	PUNCT
cjal-3258	356	18	152	152	NUM
cjal-3258	356	19	(	(	PUNCT
cjal-3258	356	20	now	now	ADV
cjal-3258	356	21	repealed	repeal	VERB
cjal-3258	356	22	and	and	CCONJ
cjal-3258	356	23	subsumed	subsume	VERB
cjal-3258	356	24	under	under	ADP
cjal-3258	356	25	the	the	DET
cjal-3258	356	26	securities	security	NOUN
cjal-3258	356	27	law	law	NOUN
cjal-3258	356	28	)	)	PUNCT
cjal-3258	356	29	89	89	NUM
cjal-3258	356	30	and	and	CCONJ
cjal-3258	356	31	147	147	NUM
cjal-3258	356	32	(	(	PUNCT
cjal-3258	356	33	now	now	ADV
cjal-3258	356	34	section	section	NOUN
cjal-3258	356	35	142	142	NUM
cjal-3258	356	36	)	)	PUNCT
cjal-3258	356	37	,	,	PUNCT
cjal-3258	356	38	there	there	PRON
cjal-3258	356	39	was	be	VERB
cjal-3258	356	40	an	an	DET
cjal-3258	356	41	obvious	obvious	ADJ
cjal-3258	356	42	"	"	PUNCT
cjal-3258	356	43	implied	imply	VERB
cjal-3258	356	44	rule	rule	NOUN
cjal-3258	356	45	"	"	PUNCT
cjal-3258	356	46	that	that	SCONJ
cjal-3258	356	47	the	the	DET
cjal-3258	356	48	state	state	NOUN
cjal-3258	356	49	shares	share	NOUN
cjal-3258	356	50	and	and	CCONJ
cjal-3258	356	51	legal	legal	ADJ
cjal-3258	356	52	persons	person	NOUN
cjal-3258	356	53	shares	share	NOUN
cjal-3258	356	54	were	be	AUX
cjal-3258	356	55	temporarily	temporarily	ADV
cjal-3258	356	56	not	not	PART
cjal-3258	356	57	allowed	allow	VERB
cjal-3258	356	58	to	to	ADP
cjal-3258	356	59	trade.90	trade.90	PROPN
cjal-3258	356	60	tan	tan	PROPN
cjal-3258	356	61	xiao	xiao	PROPN
cjal-3258	356	62	,	,	PUNCT
cjal-3258	356	63	with	with	ADP
cjal-3258	356	64	reference	reference	NOUN
cjal-3258	356	65	to	to	ADP
cjal-3258	356	66	the	the	DET
cjal-3258	356	67	same	same	ADJ
cjal-3258	356	68	author	author	NOUN
cjal-3258	356	69	but	but	CCONJ
cjal-3258	356	70	from	from	ADP
cjal-3258	356	71	a	a	DET
cjal-3258	356	72	different	different	ADJ
cjal-3258	356	73	publication	publication	NOUN
cjal-3258	356	74	,	,	PUNCT
cjal-3258	356	75	91	91	NUM
cjal-3258	356	76	curiously	curiously	ADV
cjal-3258	356	77	left	leave	VERB
cjal-3258	356	78	out	out	ADP
cjal-3258	356	79	the	the	DET
cjal-3258	356	80	word	word	NOUN
cjal-3258	356	81	"	"	PUNCT
cjal-3258	356	82	temporary	temporary	ADJ
cjal-3258	356	83	.	.	PUNCT
cjal-3258	356	84	"	"	PUNCT
cjal-3258	357	1	however	however	ADV
cjal-3258	357	2	,	,	PUNCT
cjal-3258	357	3	he	he	PRON
cjal-3258	357	4	did	do	AUX
cjal-3258	357	5	cite	cite	VERB
cjal-3258	357	6	the	the	DET
cjal-3258	357	7	additional	additional	ADJ
cjal-3258	357	8	company	company	NOUN
cjal-3258	357	9	law	law	NOUN
cjal-3258	357	10	sections	section	NOUN
cjal-3258	357	11	146	146	NUM
cjal-3258	357	12	(	(	PUNCT
cjal-3258	357	13	now	now	ADV
cjal-3258	357	14	141	141	NUM
cjal-3258	357	15	)	)	PUNCT
cjal-3258	357	16	,	,	PUNCT
cjal-3258	357	17	133	133	NUM
cjal-3258	357	18	(	(	PUNCT
cjal-3258	357	19	now	now	ADV
cjal-3258	357	20	130	130	NUM
cjal-3258	357	21	)	)	PUNCT
cjal-3258	357	22	,	,	PUNCT
cjal-3258	357	23	145	145	NUM
cjal-3258	357	24	(	(	PUNCT
cjal-3258	357	25	now	now	ADV
cjal-3258	357	26	140	140	NUM
cjal-3258	357	27	)	)	PUNCT
cjal-3258	357	28	,	,	PUNCT
cjal-3258	357	29	and	and	CCONJ
cjal-3258	357	30	149	149	NUM
cjal-3258	357	31	(	(	PUNCT
cjal-3258	357	32	now	now	ADV
cjal-3258	357	33	143	143	NUM
cjal-3258	357	34	)	)	PUNCT
cjal-3258	357	35	,	,	PUNCT
cjal-3258	357	36	as	as	ADV
cjal-3258	357	37	well	well	ADV
cjal-3258	357	38	as	as	ADP
cjal-3258	357	39	section	section	NOUN
cjal-3258	357	40	27	27	NUM
cjal-3258	357	41	of	of	ADP
cjal-3258	357	42	the	the	DET
cjal-3258	357	43	"	"	PUNCT
cjal-3258	357	44	provisional	provisional	ADJ
cjal-3258	357	45	measures	measure	NOUN
cjal-3258	357	46	for	for	ADP
cjal-3258	357	47	state	state	NOUN
cjal-3258	357	48	shares	share	NOUN
cjal-3258	357	49	management	management	NOUN
cjal-3258	357	50	in	in	ADP
cjal-3258	357	51	limited	limited	ADJ
cjal-3258	357	52	stock	stock	NOUN
cjal-3258	357	53	company	company	NOUN
cjal-3258	357	54	"	"	PUNCT
cjal-3258	357	55	92	92	NUM
cjal-3258	357	56	to	to	PART
cjal-3258	357	57	back	back	VERB
cjal-3258	357	58	up	up	ADP
cjal-3258	357	59	his	his	PRON
cjal-3258	357	60	claim	claim	NOUN
cjal-3258	357	61	.	.	PUNCT
cjal-3258	358	1	however	however	ADV
cjal-3258	358	2	,	,	PUNCT
cjal-3258	358	3	their	their	PRON
cjal-3258	358	4	argument	argument	NOUN
cjal-3258	358	5	does	do	AUX
cjal-3258	358	6	not	not	PART
cjal-3258	358	7	withstand	withstand	VERB
cjal-3258	358	8	close	close	ADJ
cjal-3258	358	9	scrutiny	scrutiny	NOUN
cjal-3258	358	10	of	of	ADP
cjal-3258	358	11	those	those	DET
cjal-3258	358	12	provisions	provision	NOUN
cjal-3258	358	13	.	.	PUNCT
cjal-3258	359	1	sections	section	NOUN
cjal-3258	359	2	74	74	NUM
cjal-3258	359	3	and	and	CCONJ
cjal-3258	359	4	152	152	NUM
cjal-3258	359	5	differentiated	differentiated	ADJ
cjal-3258	359	6	"	"	PUNCT
cjal-3258	359	7	initiator	initiator	NOUN
cjal-3258	359	8	"	"	PUNCT
cjal-3258	359	9	shares	share	NOUN
cjal-3258	359	10	from	from	ADP
cjal-3258	359	11	the	the	DET
cjal-3258	359	12	public	public	ADJ
cjal-3258	359	13	issued	issue	VERB
cjal-3258	359	14	shares	share	NOUN
cjal-3258	359	15	.	.	PUNCT
cjal-3258	360	1	section	section	NOUN
cjal-3258	360	2	147	147	NUM
cjal-3258	360	3	prohibited	prohibit	VERB
cjal-3258	360	4	transfer	transfer	NOUN
cjal-3258	360	5	of	of	ADP
cjal-3258	360	6	the	the	DET
cjal-3258	360	7	initiator	initiator	NOUN
cjal-3258	360	8	shares	share	NOUN
cjal-3258	360	9	for	for	ADP
cjal-3258	360	10	a	a	DET
cjal-3258	360	11	period	period	NOUN
cjal-3258	360	12	of	of	ADP
cjal-3258	360	13	three	three	NUM
cjal-3258	360	14	years	year	NOUN
cjal-3258	360	15	after	after	ADP
cjal-3258	360	16	issuance	issuance	NOUN
cjal-3258	360	17	of	of	ADP
cjal-3258	360	18	shares	share	NOUN
cjal-3258	360	19	.	.	PUNCT
cjal-3258	361	1	section	section	NOUN
cjal-3258	361	2	146	146	NUM
cjal-3258	361	3	stated	state	VERB
cjal-3258	361	4	the	the	DET
cjal-3258	361	5	effectiveness	effectiveness	NOUN
cjal-3258	361	6	of	of	ADP
cjal-3258	361	7	a	a	DET
cjal-3258	361	8	share	share	NOUN
cjal-3258	361	9	transfer	transfer	NOUN
cjal-3258	361	10	in	in	ADP
cjal-3258	361	11	the	the	DET
cjal-3258	361	12	stock	stock	NOUN
cjal-3258	361	13	exchange	exchange	NOUN
cjal-3258	361	14	.	.	PUNCT
cjal-3258	362	1	sections	section	NOUN
cjal-3258	362	2	133	133	NUM
cjal-3258	362	3	and	and	CCONJ
cjal-3258	362	4	145	145	NUM
cjal-3258	362	5	further	far	ADV
cjal-3258	362	6	explained	explain	VERB
cjal-3258	362	7	the	the	DET
cjal-3258	362	8	three	three	NUM
cjal-3258	362	9	-	-	PUNCT
cjal-3258	362	10	year	year	NOUN
cjal-3258	362	11	prohibition	prohibition	NOUN
cjal-3258	362	12	on	on	ADP
cjal-3258	362	13	initiator	initiator	NOUN
cjal-3258	362	14	shares	share	NOUN
cjal-3258	362	15	'	'	PART
cjal-3258	362	16	transfer	transfer	NOUN
cjal-3258	362	17	and	and	CCONJ
cjal-3258	362	18	its	its	PRON
cjal-3258	362	19	implementation	implementation	NOUN
cjal-3258	362	20	.	.	PUNCT
cjal-3258	363	1	section	section	NOUN
cjal-3258	363	2	149	149	NUM
cjal-3258	363	3	regulated	regulated	ADJ
cjal-3258	363	4	share	share	NOUN
cjal-3258	363	5	buybacks	buyback	NOUN
cjal-3258	363	6	from	from	ADP
cjal-3258	363	7	companies	company	NOUN
cjal-3258	363	8	.	.	PUNCT
cjal-3258	364	1	section	section	NOUN
cjal-3258	364	2	27	27	NUM
cjal-3258	364	3	of	of	ADP
cjal-3258	364	4	the	the	DET
cjal-3258	364	5	"	"	PUNCT
cjal-3258	364	6	provisional	provisional	ADJ
cjal-3258	364	7	measures	measure	NOUN
cjal-3258	364	8	for	for	ADP
cjal-3258	364	9	state	state	NOUN
cjal-3258	364	10	shares	share	NOUN
cjal-3258	364	11	management	management	NOUN
cjal-3258	364	12	in	in	ADP
cjal-3258	364	13	limited	limited	ADJ
cjal-3258	364	14	stock	stock	NOUN
cjal-3258	364	15	company	company	NOUN
cjal-3258	364	16	"	"	PUNCT
cjal-3258	364	17	imposed	impose	VERB
cjal-3258	364	18	transfer	transfer	NOUN
cjal-3258	364	19	restrictions	restriction	NOUN
cjal-3258	364	20	on	on	ADP
cjal-3258	364	21	state	state	NOUN
cjal-3258	364	22	shares	share	NOUN
cjal-3258	364	23	.	.	PUNCT
cjal-3258	365	1	quite	quite	ADV
cjal-3258	365	2	clearly	clearly	ADV
cjal-3258	365	3	,	,	PUNCT
cjal-3258	365	4	these	these	DET
cjal-3258	365	5	provisions	provision	NOUN
cjal-3258	365	6	regulate	regulate	VERB
cjal-3258	365	7	the	the	DET
cjal-3258	365	8	trading	trading	NOUN
cjal-3258	365	9	rights	right	NOUN
cjal-3258	365	10	of	of	ADP
cjal-3258	365	11	non	non	ADJ
cjal-3258	365	12	-	-	ADJ
cjal-3258	365	13	tradable	tradable	ADJ
cjal-3258	365	14	shares	share	NOUN
cjal-3258	365	15	,	,	PUNCT
cjal-3258	365	16	but	but	CCONJ
cjal-3258	365	17	do	do	AUX
cjal-3258	365	18	not	not	PART
cjal-3258	365	19	go	go	VERB
cjal-3258	365	20	so	so	ADV
cjal-3258	365	21	far	far	ADV
cjal-3258	365	22	as	as	SCONJ
cjal-3258	365	23	to	to	PART
cjal-3258	365	24	permanently	permanently	ADV
cjal-3258	365	25	remove	remove	VERB
cjal-3258	365	26	those	those	DET
cjal-3258	365	27	rights	right	NOUN
cjal-3258	365	28	.	.	PUNCT
cjal-3258	366	1	we	we	PRON
cjal-3258	366	2	are	be	AUX
cjal-3258	366	3	doubtful	doubtful	ADJ
cjal-3258	366	4	that	that	SCONJ
cjal-3258	366	5	an	an	DET
cjal-3258	366	6	"	"	PUNCT
cjal-3258	366	7	implied	imply	VERB
cjal-3258	366	8	rule	rule	NOUN
cjal-3258	366	9	"	"	PUNCT
cjal-3258	366	10	can	can	AUX
cjal-3258	366	11	infringe	infringe	VERB
cjal-3258	366	12	the	the	DET
cjal-3258	366	13	basic	basic	ADJ
cjal-3258	366	14	property	property	NOUN
cjal-3258	366	15	rights	right	NOUN
cjal-3258	366	16	of	of	ADP
cjal-3258	366	17	the	the	DET
cjal-3258	366	18	non	non	ADJ
cjal-3258	366	19	-	-	ADJ
cjal-3258	366	20	tradable	tradable	ADJ
cjal-3258	366	21	shareholders	shareholder	NOUN
cjal-3258	366	22	.	.	PUNCT
cjal-3258	367	1	this	this	PRON
cjal-3258	367	2	is	be	AUX
cjal-3258	367	3	especially	especially	ADV
cjal-3258	367	4	so	so	ADV
cjal-3258	367	5	considering	consider	VERB
cjal-3258	367	6	that	that	SCONJ
cjal-3258	367	7	private	private	ADJ
cjal-3258	367	8	property	property	NOUN
cjal-3258	367	9	rights	right	NOUN
cjal-3258	367	10	have	have	AUX
cjal-3258	367	11	been	be	AUX
cjal-3258	367	12	accorded	accord	VERB
cjal-3258	367	13	legal	legal	ADJ
cjal-3258	367	14	87	87	NUM
cjal-3258	367	15	a	a	DET
cjal-3258	367	16	1	1	NUM
cjal-3258	367	17	m	m	NOUN
cjal-3258	367	18	,	,	PUNCT
cjal-3258	367	19	,	,	PUNCT
cjal-3258	367	20	4	4	NUM
cjal-3258	367	21	"	"	PUNCT
cjal-3258	367	22	xj	xj	PROPN
cjal-3258	367	23	"	"	PUNCT
cjal-3258	367	24	2	2	NUM
cjal-3258	367	25	-	-	PUNCT
cjal-3258	367	26	?	?	PUNCT
cjal-3258	367	27	3a	3a	NUM
cjal-3258	367	28	4j	4j	NOUN
cjal-3258	367	29	"	"	PUNCT
cjal-3258	367	30	'	'	PUNCT
cjal-3258	367	31	t	t	NOUN
cjal-3258	368	1	[	[	X
cjal-3258	368	2	gao	gao	PROPN
cjal-3258	368	3	zhikai	zhikai	PROPN
cjal-3258	368	4	,	,	PUNCT
cjal-3258	368	5	robbing	rob	VERB
cjal-3258	368	6	property	property	NOUN
cjal-3258	368	7	in	in	ADP
cjal-3258	368	8	the	the	DET
cjal-3258	368	9	name	name	NOUN
cjal-3258	368	10	of	of	ADP
cjal-3258	368	11	"	"	PUNCT
cjal-3258	368	12	consideration	consideration	NOUN
cjal-3258	368	13	"	"	PUNCT
cjal-3258	368	14	]	]	PUNCT
cjal-3258	368	15	,	,	PUNCT
cjal-3258	368	16	139	139	NUM
cjal-3258	368	17	m-,l	m-,l	PROPN
cjal-3258	369	1	[	[	X
cjal-3258	369	2	caijing	caije	VERB
cjal-3258	369	3	mag	mag	PROPN
cjal-3258	369	4	.	.	PUNCT
cjal-3258	369	5	]	]	PUNCT
cjal-3258	370	1	29	29	NUM
cjal-3258	370	2	(	(	PUNCT
cjal-3258	370	3	2005	2005	NUM
cjal-3258	370	4	)	)	PUNCT
cjal-3258	370	5	;	;	PUNCT
cjal-3258	370	6	chen	chen	PROPN
cjal-3258	370	7	,	,	PUNCT
cjal-3258	370	8	supra	supra	PROPN
cjal-3258	370	9	note	note	PROPN
cjal-3258	370	10	80	80	NUM
cjal-3258	370	11	.	.	PUNCT
cjal-3258	370	12	88	88	NUM
cjal-3258	370	13	tan	tan	ADJ
cjal-3258	370	14	,	,	PUNCT
cjal-3258	370	15	supra	supra	PROPN
cjal-3258	370	16	note	note	PROPN
cjal-3258	370	17	68	68	NUM
cjal-3258	370	18	;	;	PUNCT
cjal-3258	370	19	luo	luo	PROPN
cjal-3258	370	20	,	,	PUNCT
cjal-3258	370	21	supra	supra	PROPN
cjal-3258	370	22	note	note	PROPN
cjal-3258	370	23	22	22	NUM
cjal-3258	370	24	,	,	PUNCT
cjal-3258	370	25	at	at	ADP
cjal-3258	370	26	18	18	NUM
cjal-3258	370	27	.	.	PUNCT
cjal-3258	371	1	'	'	NUM
cjal-3258	371	2	9	9	NUM
cjal-3258	371	3	ile	ile	NOUN
cjal-3258	371	4	*	*	PUNCT
cjal-3258	372	1	[	[	X
cjal-3258	372	2	securities	security	NOUN
cjal-3258	372	3	law	law	NOUN
cjal-3258	372	4	]	]	PUNCT
cjal-3258	372	5	(	(	PUNCT
cjal-3258	372	6	promulgated	promulgate	VERB
cjal-3258	372	7	by	by	ADP
cjal-3258	372	8	the	the	DET
cjal-3258	372	9	standing	standing	NOUN
cjal-3258	372	10	comm	comm	NOUN
cjal-3258	372	11	.	.	PUNCT
cjal-3258	373	1	nat'l	nat'l	NOUN
cjal-3258	373	2	people	people	NOUN
cjal-3258	373	3	's	's	PART
cjal-3258	373	4	cong	cong	NOUN
cjal-3258	373	5	.	.	PROPN
cjal-3258	373	6	,	,	PUNCT
cjal-3258	373	7	oct	oct	PROPN
cjal-3258	373	8	.	.	PROPN
cjal-3258	373	9	27	27	NUM
cjal-3258	373	10	,	,	PUNCT
cjal-3258	373	11	2005	2005	NUM
cjal-3258	373	12	,	,	PUNCT
cjal-3258	373	13	effective	effective	ADJ
cjal-3258	373	14	jan	jan	PROPN
cjal-3258	373	15	.	.	PROPN
cjal-3258	373	16	1	1	NUM
cjal-3258	373	17	,	,	PUNCT
cjal-3258	373	18	2006	2006	NUM
cjal-3258	373	19	)	)	PUNCT
cjal-3258	373	20	2005	2005	NUM
cjal-3258	373	21	.	.	PUNCT
cjal-3258	374	1	[	[	X
cjal-3258	374	2	standing	stand	VERB
cjal-3258	374	3	comm	comm	NOUN
cjal-3258	374	4	.	.	PUNCT
cjal-3258	375	1	nat'l	nat'l	NOUN
cjal-3258	375	2	people	people	NOUN
cjal-3258	375	3	's	's	PART
cjal-3258	375	4	cong	cong	NOUN
cjal-3258	375	5	.	.	PUNCT
cjal-3258	376	1	gaz	gaz	PROPN
cjal-3258	376	2	.	.	PROPN
cjal-3258	376	3	]	]	PUNCT
cjal-3258	377	1	586	586	NUM
cjal-3258	377	2	.	.	X
cjal-3258	377	3	90	90	NUM
cjal-3258	377	4	luo	luo	PROPN
cjal-3258	377	5	,	,	PUNCT
cjal-3258	377	6	supra	supra	PROPN
cjal-3258	377	7	note	note	PROPN
cjal-3258	377	8	22	22	NUM
cjal-3258	377	9	,	,	PUNCT
cjal-3258	377	10	at	at	ADP
cjal-3258	377	11	18	18	NUM
cjal-3258	377	12	.	.	PUNCT
cjal-3258	377	13	91	91	NUM
cjal-3258	377	14	tan	tan	ADJ
cjal-3258	377	15	,	,	PUNCT
cjal-3258	377	16	supra	supra	PROPN
cjal-3258	377	17	note	note	PROPN
cjal-3258	377	18	68	68	NUM
cjal-3258	377	19	,	,	PUNCT
cjal-3258	377	20	n.7	n.7	PROPN
cjal-3258	377	21	.	.	PROPN
cjal-3258	377	22	92	92	NUM
cjal-3258	377	23	provisional	provisional	ADJ
cjal-3258	377	24	measures	measure	NOUN
cjal-3258	377	25	,	,	PUNCT
cjal-3258	377	26	supra	supra	PROPN
cjal-3258	377	27	note	note	NOUN
cjal-3258	377	28	16	16	NUM
cjal-3258	377	29	.	.	PUNCT
cjal-3258	377	30	3152006	3152006	NUM
cjal-3258	377	31	]	]	PUNCT
cjal-3258	377	32	columbia	columbia	PROPN
cjal-3258	377	33	journal	journal	PROPN
cjal-3258	377	34	of	of	ADP
cjal-3258	377	35	asian	asian	PROPN
cjal-3258	377	36	la	la	PROPN
cjal-3258	377	37	w	w	PROPN
cjal-3258	377	38	protection	protection	PROPN
cjal-3258	377	39	93	93	NUM
cjal-3258	377	40	in	in	ADP
cjal-3258	377	41	the	the	DET
cjal-3258	377	42	newly	newly	ADV
cjal-3258	377	43	amended	amend	VERB
cjal-3258	377	44	constitution	constitution	NOUN
cjal-3258	377	45	.	.	PUNCT
cjal-3258	378	1	it	it	PRON
cjal-3258	378	2	is	be	AUX
cjal-3258	378	3	also	also	ADV
cjal-3258	378	4	important	important	ADJ
cjal-3258	378	5	to	to	PART
cjal-3258	378	6	consider	consider	VERB
cjal-3258	378	7	article	article	NOUN
cjal-3258	378	8	12	12	NUM
cjal-3258	378	9	,	,	PUNCT
cjal-3258	378	10	which	which	PRON
cjal-3258	378	11	gives	give	VERB
cjal-3258	378	12	the	the	DET
cjal-3258	378	13	utmost	utmost	ADJ
cjal-3258	378	14	recognition	recognition	NOUN
cjal-3258	378	15	and	and	CCONJ
cjal-3258	378	16	protection	protection	NOUN
cjal-3258	378	17	to	to	ADP
cjal-3258	378	18	public	public	ADJ
cjal-3258	378	19	property	property	NOUN
cjal-3258	378	20	,	,	PUNCT
cjal-3258	378	21	94	94	NUM
cjal-3258	378	22	because	because	SCONJ
cjal-3258	378	23	state	state	NOUN
cjal-3258	378	24	shares	share	NOUN
cjal-3258	378	25	contribute	contribute	VERB
cjal-3258	378	26	a	a	DET
cjal-3258	378	27	significant	significant	ADJ
cjal-3258	378	28	portion	portion	NOUN
cjal-3258	378	29	of	of	ADP
cjal-3258	378	30	non	non	ADJ
cjal-3258	378	31	-	-	ADJ
cjal-3258	378	32	tradable	tradable	ADJ
cjal-3258	378	33	shares	share	NOUN
cjal-3258	378	34	.	.	PUNCT
cjal-3258	379	1	similarly	similarly	ADV
cjal-3258	379	2	,	,	PUNCT
cjal-3258	379	3	the	the	DET
cjal-3258	379	4	most	most	ADV
cjal-3258	379	5	recent	recent	ADJ
cjal-3258	379	6	company	company	NOUN
cjal-3258	379	7	law	law	NOUN
cjal-3258	379	8	amendments	amendment	NOUN
cjal-3258	379	9	have	have	AUX
cjal-3258	379	10	reduced	reduce	VERB
cjal-3258	379	11	the	the	DET
cjal-3258	379	12	previous	previous	ADJ
cjal-3258	379	13	three	three	NUM
cjal-3258	379	14	-	-	PUNCT
cjal-3258	379	15	year	year	NOUN
cjal-3258	379	16	restriction	restriction	NOUN
cjal-3258	379	17	on	on	ADP
cjal-3258	379	18	the	the	DET
cjal-3258	379	19	transfer	transfer	NOUN
cjal-3258	379	20	of	of	ADP
cjal-3258	379	21	company	company	NOUN
cjal-3258	379	22	initiators	initiator	NOUN
cjal-3258	379	23	'	'	PART
cjal-3258	379	24	shares	share	NOUN
cjal-3258	379	25	in	in	ADP
cjal-3258	379	26	the	the	DET
cjal-3258	379	27	old	old	ADJ
cjal-3258	379	28	section	section	NOUN
cjal-3258	379	29	147	147	NUM
cjal-3258	379	30	to	to	ADP
cjal-3258	379	31	one	one	NUM
cjal-3258	379	32	year	year	NOUN
cjal-3258	379	33	in	in	ADP
cjal-3258	379	34	the	the	DET
cjal-3258	379	35	new	new	ADJ
cjal-3258	379	36	section	section	NOUN
cjal-3258	379	37	142	142	NUM
cjal-3258	379	38	.	.	PUNCT
cjal-3258	380	1	there	there	PRON
cjal-3258	380	2	are	be	VERB
cjal-3258	380	3	also	also	ADV
cjal-3258	380	4	similar	similar	ADJ
cjal-3258	380	5	liberalizations	liberalization	NOUN
cjal-3258	380	6	to	to	ADP
cjal-3258	380	7	the	the	DET
cjal-3258	380	8	other	other	ADJ
cjal-3258	380	9	provisions	provision	NOUN
cjal-3258	380	10	.	.	PUNCT
cjal-3258	381	1	this	this	PRON
cjal-3258	381	2	shows	show	VERB
cjal-3258	381	3	that	that	SCONJ
cjal-3258	381	4	the	the	DET
cjal-3258	381	5	so	so	ADV
cjal-3258	381	6	-	-	PUNCT
cjal-3258	381	7	called	call	VERB
cjal-3258	381	8	"	"	PUNCT
cjal-3258	381	9	implied	imply	VERB
cjal-3258	381	10	rule	rule	NOUN
cjal-3258	381	11	,	,	PUNCT
cjal-3258	381	12	"	"	PUNCT
cjal-3258	381	13	if	if	SCONJ
cjal-3258	381	14	it	it	PRON
cjal-3258	381	15	exists	exist	VERB
cjal-3258	381	16	,	,	PUNCT
cjal-3258	381	17	is	be	AUX
cjal-3258	381	18	based	base	VERB
cjal-3258	381	19	on	on	ADP
cjal-3258	381	20	fluid	fluid	ADJ
cjal-3258	381	21	provisions	provision	NOUN
cjal-3258	381	22	and	and	CCONJ
cjal-3258	381	23	is	be	AUX
cjal-3258	381	24	far	far	ADV
cjal-3258	381	25	from	from	ADP
cjal-3258	381	26	certain	certain	ADJ
cjal-3258	381	27	.	.	PUNCT
cjal-3258	382	1	further	far	ADV
cjal-3258	382	2	,	,	PUNCT
cjal-3258	382	3	similar	similar	ADJ
cjal-3258	382	4	to	to	PART
cjal-3258	382	5	express	express	VERB
cjal-3258	382	6	provisions	provision	NOUN
cjal-3258	382	7	,	,	PUNCT
cjal-3258	382	8	such	such	DET
cjal-3258	382	9	a	a	DET
cjal-3258	382	10	rule	rule	NOUN
cjal-3258	382	11	is	be	AUX
cjal-3258	382	12	also	also	ADV
cjal-3258	382	13	subject	subject	ADJ
cjal-3258	382	14	to	to	ADP
cjal-3258	382	15	alterations	alteration	NOUN
cjal-3258	382	16	.	.	PUNCT
cjal-3258	383	1	thus	thus	ADV
cjal-3258	383	2	,	,	PUNCT
cjal-3258	383	3	while	while	SCONJ
cjal-3258	383	4	we	we	PRON
cjal-3258	383	5	agree	agree	VERB
cjal-3258	383	6	that	that	SCONJ
cjal-3258	383	7	the	the	DET
cjal-3258	383	8	trading	trading	NOUN
cjal-3258	383	9	and	and	CCONJ
cjal-3258	383	10	transfer	transfer	NOUN
cjal-3258	383	11	of	of	ADP
cjal-3258	383	12	non	non	ADJ
cjal-3258	383	13	-	-	ADJ
cjal-3258	383	14	tradable	tradable	ADJ
cjal-3258	383	15	shares	share	NOUN
cjal-3258	383	16	is	be	AUX
cjal-3258	383	17	more	more	ADV
cjal-3258	383	18	restricted	restricted	ADJ
cjal-3258	383	19	than	than	ADP
cjal-3258	383	20	tradable	tradable	ADJ
cjal-3258	383	21	shares	share	NOUN
cjal-3258	383	22	,	,	PUNCT
cjal-3258	383	23	we	we	PRON
cjal-3258	383	24	think	think	VERB
cjal-3258	383	25	that	that	SCONJ
cjal-3258	383	26	the	the	DET
cjal-3258	383	27	trading	trading	NOUN
cjal-3258	383	28	right	right	NOUN
cjal-3258	383	29	of	of	ADP
cjal-3258	383	30	the	the	DET
cjal-3258	383	31	nontradable	nontradable	ADJ
cjal-3258	383	32	shares	share	NOUN
cjal-3258	383	33	was	be	AUX
cjal-3258	383	34	merely	merely	ADV
cjal-3258	383	35	suspended	suspend	VERB
cjal-3258	383	36	and	and	CCONJ
cjal-3258	383	37	not	not	PART
cjal-3258	383	38	removed	remove	VERB
cjal-3258	383	39	by	by	ADP
cjal-3258	383	40	regulatory	regulatory	ADJ
cjal-3258	383	41	authorities	authority	NOUN
cjal-3258	383	42	.	.	PUNCT
cjal-3258	384	1	there	there	PRON
cjal-3258	384	2	are	be	VERB
cjal-3258	384	3	no	no	DET
cjal-3258	384	4	inherent	inherent	ADJ
cjal-3258	384	5	legal	legal	ADJ
cjal-3258	384	6	wrongs	wrong	NOUN
cjal-3258	384	7	if	if	SCONJ
cjal-3258	384	8	the	the	DET
cjal-3258	384	9	non	non	ADJ
cjal-3258	384	10	-	-	ADJ
cjal-3258	384	11	tradable	tradable	ADJ
cjal-3258	384	12	shares	share	NOUN
cjal-3258	384	13	are	be	AUX
cjal-3258	384	14	allowed	allow	VERB
cjal-3258	384	15	to	to	PART
cjal-3258	384	16	trade	trade	VERB
cjal-3258	384	17	without	without	ADP
cjal-3258	384	18	payment	payment	NOUN
cjal-3258	384	19	of	of	ADP
cjal-3258	384	20	compensation	compensation	NOUN
cjal-3258	384	21	.	.	PUNCT
cjal-3258	385	1	3	3	X
cjal-3258	385	2	.	.	X
cjal-3258	385	3	analyzing	analyze	VERB
cjal-3258	385	4	the	the	DET
cjal-3258	385	5	contract	contract	NOUN
cjal-3258	385	6	under	under	ADP
cjal-3258	385	7	contract	contract	NOUN
cjal-3258	385	8	theory	theory	NOUN
cjal-3258	385	9	analysis	analysis	NOUN
cjal-3258	385	10	,	,	PUNCT
cjal-3258	385	11	chinese	chinese	ADJ
cjal-3258	385	12	scholars	scholar	NOUN
cjal-3258	385	13	identified	identify	VERB
cjal-3258	385	14	the	the	DET
cjal-3258	385	15	share	share	NOUN
cjal-3258	385	16	issue	issue	NOUN
cjal-3258	385	17	prospectus	prospectus	NOUN
cjal-3258	385	18	as	as	ADP
cjal-3258	385	19	the	the	DET
cjal-3258	385	20	contract	contract	NOUN
cjal-3258	385	21	in	in	ADP
cjal-3258	385	22	question	question	NOUN
cjal-3258	385	23	.	.	PUNCT
cjal-3258	386	1	95	95	NUM
cjal-3258	386	2	we	we	PRON
cjal-3258	386	3	agree	agree	VERB
cjal-3258	386	4	with	with	ADP
cjal-3258	386	5	this	this	DET
cjal-3258	386	6	analysis	analysis	NOUN
cjal-3258	386	7	and	and	CCONJ
cjal-3258	386	8	that	that	SCONJ
cjal-3258	386	9	the	the	DET
cjal-3258	386	10	breach	breach	NOUN
cjal-3258	386	11	of	of	ADP
cjal-3258	386	12	any	any	DET
cjal-3258	386	13	guarantee	guarantee	NOUN
cjal-3258	386	14	,	,	PUNCT
cjal-3258	386	15	promise	promise	NOUN
cjal-3258	386	16	or	or	CCONJ
cjal-3258	386	17	term	term	NOUN
cjal-3258	386	18	in	in	ADP
cjal-3258	386	19	the	the	DET
cjal-3258	386	20	share	share	NOUN
cjal-3258	386	21	issue	issue	NOUN
cjal-3258	386	22	prospectus	prospectus	NOUN
cjal-3258	386	23	is	be	AUX
cjal-3258	386	24	a	a	DET
cjal-3258	386	25	breach	breach	NOUN
cjal-3258	386	26	of	of	ADP
cjal-3258	386	27	contract	contract	NOUN
cjal-3258	386	28	.	.	PUNCT
cjal-3258	387	1	the	the	DET
cjal-3258	387	2	important	important	ADJ
cjal-3258	387	3	question	question	NOUN
cjal-3258	387	4	is	be	AUX
cjal-3258	387	5	whether	whether	SCONJ
cjal-3258	387	6	the	the	DET
cjal-3258	387	7	trading	trading	NOUN
cjal-3258	387	8	of	of	ADP
cjal-3258	387	9	the	the	DET
cjal-3258	387	10	non	non	ADJ
cjal-3258	387	11	-	-	ADJ
cjal-3258	387	12	tradable	tradable	ADJ
cjal-3258	387	13	shares	share	NOUN
cjal-3258	387	14	results	result	VERB
cjal-3258	387	15	in	in	ADP
cjal-3258	387	16	a	a	DET
cjal-3258	387	17	breach	breach	NOUN
cjal-3258	387	18	of	of	ADP
cjal-3258	387	19	that	that	DET
cjal-3258	387	20	contract	contract	NOUN
cjal-3258	387	21	.	.	PUNCT
cjal-3258	388	1	a	a	DET
cjal-3258	388	2	typical	typical	ADJ
cjal-3258	388	3	term	term	NOUN
cjal-3258	388	4	in	in	ADP
cjal-3258	388	5	the	the	DET
cjal-3258	388	6	share	share	NOUN
cjal-3258	388	7	issue	issue	NOUN
cjal-3258	388	8	prospectus	prospectus	NOUN
cjal-3258	388	9	was	be	AUX
cjal-3258	388	10	usually	usually	ADV
cjal-3258	388	11	expressed	express	VERB
cjal-3258	388	12	in	in	ADP
cjal-3258	388	13	two	two	NUM
cjal-3258	388	14	forms	form	NOUN
cjal-3258	388	15	.	.	PUNCT
cjal-3258	389	1	one	one	NUM
cjal-3258	389	2	form	form	NOUN
cjal-3258	389	3	of	of	ADP
cjal-3258	389	4	expression	expression	NOUN
cjal-3258	389	5	,	,	PUNCT
cjal-3258	389	6	commonly	commonly	ADV
cjal-3258	389	7	found	find	VERB
cjal-3258	389	8	in	in	ADP
cjal-3258	389	9	share	share	NOUN
cjal-3258	389	10	prospectuses	prospectus	NOUN
cjal-3258	389	11	during	during	ADP
cjal-3258	389	12	the	the	DET
cjal-3258	389	13	2001	2001	NUM
cjal-3258	389	14	reform	reform	NOUN
cjal-3258	389	15	period	period	NOUN
cjal-3258	389	16	,	,	PUNCT
cjal-3258	389	17	but	but	CCONJ
cjal-3258	389	18	not	not	PART
cjal-3258	389	19	strictly	strictly	ADV
cjal-3258	389	20	limited	limit	VERB
cjal-3258	389	21	to	to	ADP
cjal-3258	389	22	then	then	ADV
cjal-3258	389	23	,	,	PUNCT
cjal-3258	389	24	was	be	AUX
cjal-3258	389	25	as	as	SCONJ
cjal-3258	389	26	follows	follow	VERB
cjal-3258	389	27	:	:	PUNCT
cjal-3258	389	28	the	the	DET
cjal-3258	389	29	state	state	NOUN
cjal-3258	389	30	legal	legal	ADJ
cjal-3258	389	31	person	person	NOUN
cjal-3258	389	32	shares	share	NOUN
cjal-3258	389	33	and	and	CCONJ
cjal-3258	389	34	legal	legal	ADJ
cjal-3258	389	35	person	person	NOUN
cjal-3258	389	36	shares	share	VERB
cjal-3258	389	37	in	in	ADP
cjal-3258	389	38	the	the	DET
cjal-3258	389	39	company	company	NOUN
cjal-3258	389	40	before	before	SCONJ
cjal-3258	389	41	this	this	DET
cjal-3258	389	42	public	public	ADJ
cjal-3258	389	43	issue	issue	NOUN
cjal-3258	389	44	of	of	ADP
cjal-3258	389	45	shares	share	NOUN
cjal-3258	389	46	shall	shall	AUX
cjal-3258	389	47	,	,	PUNCT
cjal-3258	389	48	in	in	ADP
cjal-3258	389	49	accordance	accordance	NOUN
cjal-3258	389	50	with	with	ADP
cjal-3258	389	51	the	the	DET
cjal-3258	389	52	nation	nation	NOUN
cjal-3258	389	53	's	's	PART
cjal-3258	389	54	relevant	relevant	ADJ
cjal-3258	389	55	policies	policy	NOUN
cjal-3258	389	56	and	and	CCONJ
cjal-3258	389	57	before	before	ADP
cjal-3258	389	58	the	the	DET
cjal-3258	389	59	implementation	implementation	NOUN
cjal-3258	389	60	of	of	ADP
cjal-3258	389	61	any	any	DET
cjal-3258	389	62	new	new	ADJ
cjal-3258	389	63	regulations	regulation	NOUN
cjal-3258	389	64	on	on	ADP
cjal-3258	389	65	the	the	DET
cjal-3258	389	66	trading	trading	NOUN
cjal-3258	389	67	of	of	ADP
cjal-3258	389	68	these	these	DET
cjal-3258	389	69	two	two	NUM
cjal-3258	389	70	types	type	NOUN
cjal-3258	389	71	of	of	ADP
cjal-3258	389	72	shares	share	NOUN
cjal-3258	389	73	,	,	PUNCT
cjal-3258	389	74	temporarily	temporarily	ADV
cjal-3258	389	75	not	not	PART
cjal-3258	389	76	trade	trade	VERB
cjal-3258	389	77	in	in	ADP
cjal-3258	389	78	the	the	DET
cjal-3258	389	79	stock	stock	NOUN
cjal-3258	389	80	exchange	exchange	NOUN
cjal-3258	389	81	.	.	PUNCT
cjal-3258	390	1	the	the	DET
cjal-3258	390	2	relevant	relevant	ADJ
cjal-3258	390	3	shareholders	shareholder	NOUN
cjal-3258	390	4	have	have	AUX
cjal-3258	390	5	made	make	VERB
cjal-3258	390	6	"	"	PUNCT
cjal-3258	390	7	tm	tm	PROPN
cjal-3258	390	8	[	[	X
cjal-3258	390	9	constitution	constitution	NOUN
cjal-3258	390	10	]	]	X
cjal-3258	390	11	art	art	NOUN
cjal-3258	390	12	.	.	PUNCT
cjal-3258	391	1	13	13	NUM
cjal-3258	391	2	(	(	PUNCT
cjal-3258	391	3	2004	2004	NUM
cjal-3258	391	4	)	)	PUNCT
cjal-3258	391	5	.	.	PUNCT
cjal-3258	392	1	94	94	NUM
cjal-3258	393	1	i	i	PRON
cjal-3258	393	2	d.	d.	PROPN
cjal-3258	393	3	art	art	PROPN
cjal-3258	393	4	.	.	PUNCT
cjal-3258	394	1	12	12	NUM
cjal-3258	394	2	.	.	X
cjal-3258	394	3	95	95	NUM
cjal-3258	394	4	see	see	VERB
cjal-3258	394	5	supra	supra	PROPN
cjal-3258	394	6	note	note	NOUN
cjal-3258	394	7	75	75	NUM
cjal-3258	394	8	.	.	PUNCT
cjal-3258	395	1	[	[	X
cjal-3258	395	2	20:1	20:1	NUM
cjal-3258	395	3	regulatory	regulatory	ADJ
cjal-3258	395	4	givings	giving	NOUN
cjal-3258	395	5	in	in	ADP
cjal-3258	395	6	china	china	PROPN
cjal-3258	395	7	guarantees	guarantee	VERB
cjal-3258	395	8	with	with	ADP
cjal-3258	395	9	the	the	DET
cjal-3258	395	10	xx	xx	NUM
cjal-3258	395	11	stock	stock	NOUN
cjal-3258	395	12	exchange	exchange	NOUN
cjal-3258	395	13	to	to	PART
cjal-3258	395	14	voluntarily	voluntarily	ADV
cjal-3258	395	15	lock	lock	VERB
cjal-3258	395	16	in	in	ADP
cjal-3258	395	17	the	the	DET
cjal-3258	395	18	shares	share	NOUN
cjal-3258	395	19	.	.	PUNCT
cjal-3258	396	1	96	96	NUM
cjal-3258	396	2	a	a	DET
cjal-3258	396	3	typical	typical	ADJ
cjal-3258	396	4	term	term	NOUN
cjal-3258	396	5	in	in	ADP
cjal-3258	396	6	the	the	DET
cjal-3258	396	7	share	share	NOUN
cjal-3258	396	8	issue	issue	NOUN
cjal-3258	396	9	prospectuses	prospectus	NOUN
cjal-3258	396	10	after	after	SCONJ
cjal-3258	396	11	the	the	DET
cjal-3258	396	12	2001	2001	NUM
cjal-3258	396	13	reform	reform	NOUN
cjal-3258	396	14	attempt	attempt	NOUN
cjal-3258	396	15	was	be	AUX
cjal-3258	396	16	as	as	SCONJ
cjal-3258	396	17	follows	follow	VERB
cjal-3258	396	18	:	:	PUNCT
cjal-3258	396	19	trading	trading	NOUN
cjal-3258	396	20	restriction	restriction	NOUN
cjal-3258	396	21	and	and	CCONJ
cjal-3258	396	22	time	time	NOUN
cjal-3258	396	23	limit	limit	NOUN
cjal-3258	396	24	of	of	ADP
cjal-3258	396	25	shares	share	NOUN
cjal-3258	396	26	held	hold	VERB
cjal-3258	396	27	by	by	ADP
cjal-3258	396	28	shareholders	shareholder	NOUN
cjal-3258	396	29	before	before	ADP
cjal-3258	396	30	this	this	DET
cjal-3258	396	31	issue	issue	NOUN
cjal-3258	396	32	of	of	ADP
cjal-3258	396	33	shares	share	NOUN
cjal-3258	396	34	:	:	PUNCT
cjal-3258	396	35	in	in	ADP
cjal-3258	396	36	accordance	accordance	NOUN
cjal-3258	396	37	with	with	ADP
cjal-3258	396	38	the	the	DET
cjal-3258	396	39	nation	nation	NOUN
cjal-3258	396	40	's	's	PART
cjal-3258	396	41	current	current	ADJ
cjal-3258	396	42	laws	law	NOUN
cjal-3258	396	43	,	,	PUNCT
cjal-3258	396	44	regulations	regulation	NOUN
cjal-3258	396	45	and	and	CCONJ
cjal-3258	396	46	the	the	DET
cjal-3258	396	47	"	"	PUNCT
cjal-3258	396	48	notice	notice	NOUN
cjal-3258	396	49	regarding	regard	VERB
cjal-3258	396	50	xx	xx	NUM
cjal-3258	396	51	company	company	NOUN
cjal-3258	396	52	issuance	issuance	NOUN
cjal-3258	396	53	of	of	ADP
cjal-3258	396	54	shares	share	NOUN
cjal-3258	396	55	"	"	PUNCT
cjal-3258	396	56	by	by	ADP
cjal-3258	396	57	the	the	DET
cjal-3258	396	58	chinese	chinese	PROPN
cjal-3258	396	59	securities	securities	PROPN
cjal-3258	396	60	regulatory	regulatory	PROPN
cjal-3258	396	61	commission	commission	PROPN
cjal-3258	396	62	,	,	PUNCT
cjal-3258	396	63	the	the	DET
cjal-3258	396	64	stateowned	stateowne	VERB
cjal-3258	396	65	legal	legal	ADJ
cjal-3258	396	66	person	person	NOUN
cjal-3258	396	67	shares	share	NOUN
cjal-3258	396	68	and	and	CCONJ
cjal-3258	396	69	legal	legal	ADJ
cjal-3258	396	70	person	person	NOUN
cjal-3258	396	71	shares	share	NOUN
cjal-3258	396	72	shall	shall	AUX
cjal-3258	396	73	temporarily	temporarily	ADV
cjal-3258	396	74	not	not	PART
cjal-3258	396	75	trade.97	trade.97	VERB
cjal-3258	396	76	the	the	DET
cjal-3258	396	77	former	former	ADJ
cjal-3258	396	78	term	term	NOUN
cjal-3258	396	79	quite	quite	ADV
cjal-3258	396	80	clearly	clearly	ADV
cjal-3258	396	81	states	state	VERB
cjal-3258	396	82	that	that	SCONJ
cjal-3258	396	83	the	the	DET
cjal-3258	396	84	non	non	ADJ
cjal-3258	396	85	-	-	ADJ
cjal-3258	396	86	trading	trading	NOUN
cjal-3258	396	87	was	be	AUX
cjal-3258	396	88	temporary	temporary	ADJ
cjal-3258	396	89	in	in	ADP
cjal-3258	396	90	accordance	accordance	NOUN
cjal-3258	396	91	with	with	ADP
cjal-3258	396	92	the	the	DET
cjal-3258	396	93	policies	policy	NOUN
cjal-3258	396	94	of	of	ADP
cjal-3258	396	95	that	that	DET
cjal-3258	396	96	time	time	NOUN
cjal-3258	396	97	.	.	PUNCT
cjal-3258	397	1	it	it	PRON
cjal-3258	397	2	also	also	ADV
cjal-3258	397	3	acknowledged	acknowledge	VERB
cjal-3258	397	4	the	the	DET
cjal-3258	397	5	possibility	possibility	NOUN
cjal-3258	397	6	of	of	ADP
cjal-3258	397	7	new	new	ADJ
cjal-3258	397	8	regulations	regulation	NOUN
cjal-3258	397	9	altering	alter	VERB
cjal-3258	397	10	the	the	DET
cjal-3258	397	11	current	current	ADJ
cjal-3258	397	12	status	status	NOUN
cjal-3258	397	13	quos	quo	NOUN
cjal-3258	397	14	.	.	PUNCT
cjal-3258	398	1	this	this	DET
cjal-3258	398	2	acknowledgement	acknowledgement	NOUN
cjal-3258	398	3	was	be	AUX
cjal-3258	398	4	omitted	omit	VERB
cjal-3258	398	5	in	in	ADP
cjal-3258	398	6	the	the	DET
cjal-3258	398	7	post-2001	post-2001	ADJ
cjal-3258	398	8	share	share	NOUN
cjal-3258	398	9	issue	issue	NOUN
cjal-3258	398	10	prospectuses	prospectus	NOUN
cjal-3258	398	11	.	.	PUNCT
cjal-3258	399	1	nevertheless	nevertheless	ADV
cjal-3258	399	2	,	,	PUNCT
cjal-3258	399	3	the	the	DET
cjal-3258	399	4	term	term	NOUN
cjal-3258	399	5	in	in	ADP
cjal-3258	399	6	the	the	DET
cjal-3258	399	7	post-2001	post-2001	ADJ
cjal-3258	399	8	share	share	NOUN
cjal-3258	399	9	issue	issue	NOUN
cjal-3258	399	10	prospectus	prospectus	NOUN
cjal-3258	399	11	still	still	ADV
cjal-3258	399	12	clearly	clearly	ADV
cjal-3258	399	13	states	state	VERB
cjal-3258	399	14	that	that	SCONJ
cjal-3258	399	15	there	there	PRON
cjal-3258	399	16	would	would	AUX
cjal-3258	399	17	be	be	AUX
cjal-3258	399	18	a	a	DET
cjal-3258	399	19	temporary	temporary	ADJ
cjal-3258	399	20	suspension	suspension	NOUN
cjal-3258	399	21	of	of	ADP
cjal-3258	399	22	trading	trading	NOUN
cjal-3258	399	23	in	in	ADP
cjal-3258	399	24	accordance	accordance	NOUN
cjal-3258	399	25	with	with	ADP
cjal-3258	399	26	current	current	ADJ
cjal-3258	399	27	laws	law	NOUN
cjal-3258	399	28	and	and	CCONJ
cjal-3258	399	29	regulations	regulation	NOUN
cjal-3258	399	30	.	.	PUNCT
cjal-3258	400	1	the	the	DET
cjal-3258	400	2	necessary	necessary	ADJ
cjal-3258	400	3	implication	implication	NOUN
cjal-3258	400	4	from	from	ADP
cjal-3258	400	5	these	these	DET
cjal-3258	400	6	two	two	NUM
cjal-3258	400	7	terms	term	NOUN
cjal-3258	400	8	is	be	AUX
cjal-3258	400	9	that	that	SCONJ
cjal-3258	400	10	since	since	SCONJ
cjal-3258	400	11	the	the	DET
cjal-3258	400	12	shares	share	NOUN
cjal-3258	400	13	will	will	AUX
cjal-3258	400	14	temporarily	temporarily	ADV
cjal-3258	400	15	not	not	PART
cjal-3258	400	16	trade	trade	VERB
cjal-3258	400	17	in	in	ADP
cjal-3258	400	18	accordance	accordance	NOUN
cjal-3258	400	19	with	with	ADP
cjal-3258	400	20	current	current	ADJ
cjal-3258	400	21	regulations	regulation	NOUN
cjal-3258	400	22	,	,	PUNCT
cjal-3258	400	23	it	it	PRON
cjal-3258	400	24	is	be	AUX
cjal-3258	400	25	expected	expect	VERB
cjal-3258	400	26	that	that	SCONJ
cjal-3258	400	27	the	the	DET
cjal-3258	400	28	shares	share	NOUN
cjal-3258	400	29	will	will	AUX
cjal-3258	400	30	trade	trade	VERB
cjal-3258	400	31	when	when	SCONJ
cjal-3258	400	32	the	the	DET
cjal-3258	400	33	policy	policy	NOUN
cjal-3258	400	34	changes	change	NOUN
cjal-3258	400	35	.	.	PUNCT
cjal-3258	401	1	and	and	CCONJ
cjal-3258	401	2	one	one	NOUN
cjal-3258	401	3	certainly	certainly	ADV
cjal-3258	401	4	can	can	AUX
cjal-3258	401	5	not	not	PART
cjal-3258	401	6	expect	expect	VERB
cjal-3258	401	7	the	the	DET
cjal-3258	401	8	regulations	regulation	NOUN
cjal-3258	401	9	to	to	PART
cjal-3258	401	10	remain	remain	VERB
cjal-3258	401	11	static	static	ADJ
cjal-3258	401	12	especially	especially	ADV
cjal-3258	401	13	in	in	ADP
cjal-3258	401	14	a	a	DET
cjal-3258	401	15	transition	transition	NOUN
cjal-3258	401	16	economy	economy	NOUN
cjal-3258	401	17	.	.	PUNCT
cjal-3258	402	1	furthermore	furthermore	ADV
cjal-3258	402	2	,	,	PUNCT
cjal-3258	402	3	chinese	chinese	ADJ
cjal-3258	402	4	scholars	scholar	NOUN
cjal-3258	402	5	advocating	advocate	VERB
cjal-3258	402	6	the	the	DET
cjal-3258	402	7	contract	contract	NOUN
cjal-3258	402	8	theory	theory	NOUN
cjal-3258	402	9	have	have	AUX
cjal-3258	402	10	ignored	ignore	VERB
cjal-3258	402	11	the	the	DET
cjal-3258	402	12	fact	fact	NOUN
cjal-3258	402	13	that	that	SCONJ
cjal-3258	402	14	this	this	DET
cjal-3258	402	15	term	term	NOUN
cjal-3258	402	16	did	do	AUX
cjal-3258	402	17	not	not	PART
cjal-3258	402	18	even	even	ADV
cjal-3258	402	19	appear	appear	VERB
cjal-3258	402	20	in	in	ADP
cjal-3258	402	21	the	the	DET
cjal-3258	402	22	share	share	NOUN
cjal-3258	402	23	prospectuses	prospectus	NOUN
cjal-3258	402	24	prior	prior	ADV
cjal-3258	402	25	to	to	ADP
cjal-3258	402	26	may	may	PROPN
cjal-3258	402	27	2001.98	2001.98	NUM
cjal-3258	402	28	this	this	DET
cjal-3258	402	29	runs	run	VERB
cjal-3258	402	30	contrary	contrary	ADJ
cjal-3258	402	31	to	to	ADP
cjal-3258	402	32	the	the	DET
cjal-3258	402	33	basis	basis	NOUN
cjal-3258	402	34	of	of	ADP
cjal-3258	402	35	their	their	PRON
cjal-3258	402	36	argument	argument	NOUN
cjal-3258	402	37	that	that	SCONJ
cjal-3258	402	38	the	the	DET
cjal-3258	402	39	"	"	PUNCT
cjal-3258	402	40	temporarily	temporarily	ADV
cjal-3258	402	41	not	not	PART
cjal-3258	402	42	trade	trade	VERB
cjal-3258	402	43	"	"	PUNCT
cjal-3258	402	44	term	term	NOUN
cjal-3258	402	45	has	have	AUX
cjal-3258	402	46	been	be	AUX
cjal-3258	402	47	appearing	appear	VERB
cjal-3258	402	48	96	96	NUM
cjal-3258	402	49	e.g.	e.g.	ADJ
cjal-3258	402	50	,	,	PUNCT
cjal-3258	402	51	huaneng	huaneng	PROPN
cjal-3258	402	52	power	power	PROPN
cjal-3258	402	53	international	international	PROPN
cjal-3258	402	54	inc	inc	PROPN
cjal-3258	402	55	.	.	PROPN
cjal-3258	402	56	,	,	PUNCT
cjal-3258	402	57	share	share	NOUN
cjal-3258	402	58	issue	issue	NOUN
cjal-3258	402	59	prospectus	prospectus	NOUN
cjal-3258	402	60	(	(	PUNCT
cjal-3258	402	61	dec	dec	PROPN
cjal-3258	402	62	.	.	PROPN
cjal-3258	402	63	1	1	NUM
cjal-3258	402	64	,	,	PUNCT
cjal-3258	402	65	2001	2001	NUM
cjal-3258	402	66	)	)	PUNCT
cjal-3258	402	67	;	;	PUNCT
cjal-3258	403	1	ufida	ufida	PROPN
cjal-3258	403	2	software	software	PROPN
cjal-3258	403	3	co.	co.	PROPN
cjal-3258	403	4	,	,	PUNCT
cjal-3258	403	5	share	share	NOUN
cjal-3258	403	6	issue	issue	NOUN
cjal-3258	403	7	prospectus	prospectus	NOUN
cjal-3258	403	8	(	(	PUNCT
cjal-3258	403	9	may	may	PROPN
cjal-3258	403	10	14	14	NUM
cjal-3258	403	11	,	,	PUNCT
cjal-3258	403	12	2001	2001	NUM
cjal-3258	403	13	)	)	PUNCT
cjal-3258	403	14	;	;	PUNCT
cjal-3258	403	15	dalain	dalain	PROPN
cjal-3258	403	16	bingshan	bingshan	PROPN
cjal-3258	403	17	rubber	rubber	NOUN
cjal-3258	403	18	&	&	CCONJ
cjal-3258	403	19	plastic	plastic	PROPN
cjal-3258	403	20	co.	co.	PROPN
cjal-3258	403	21	,	,	PUNCT
cjal-3258	403	22	share	share	NOUN
cjal-3258	403	23	issue	issue	NOUN
cjal-3258	403	24	prospectus	prospectus	NOUN
cjal-3258	403	25	(	(	PUNCT
cjal-3258	403	26	july	july	PROPN
cjal-3258	403	27	27	27	NUM
cjal-3258	403	28	,	,	PUNCT
cjal-3258	403	29	2001	2001	NUM
cjal-3258	403	30	)	)	PUNCT
cjal-3258	403	31	.	.	PUNCT
cjal-3258	404	1	97	97	NUM
cjal-3258	404	2	e.g.	e.g.	ADV
cjal-3258	404	3	,	,	PUNCT
cjal-3258	404	4	shanghai	shanghai	PROPN
cjal-3258	404	5	jiao	jiao	PROPN
cjal-3258	404	6	da	da	PROPN
cjal-3258	404	7	onlly	onlly	PROPN
cjal-3258	404	8	co.	co.	PROPN
cjal-3258	404	9	,	,	PUNCT
cjal-3258	404	10	share	share	NOUN
cjal-3258	404	11	issue	issue	NOUN
cjal-3258	404	12	prospectus	prospectus	NOUN
cjal-3258	404	13	(	(	PUNCT
cjal-3258	404	14	july	july	PROPN
cjal-3258	404	15	2	2	NUM
cjal-3258	404	16	,	,	PUNCT
cjal-3258	404	17	2001	2001	NUM
cjal-3258	404	18	)	)	PUNCT
cjal-3258	404	19	;	;	PUNCT
cjal-3258	404	20	chixia	chixia	PROPN
cjal-3258	404	21	development	development	PROPN
cjal-3258	404	22	co.	co.	PROPN
cjal-3258	404	23	,	,	PUNCT
cjal-3258	404	24	share	share	NOUN
cjal-3258	404	25	issue	issue	NOUN
cjal-3258	404	26	prospectus	prospectus	NOUN
cjal-3258	404	27	(	(	PUNCT
cjal-3258	404	28	mar	mar	PROPN
cjal-3258	404	29	.	.	PROPN
cjal-3258	404	30	23	23	NUM
cjal-3258	404	31	,	,	PUNCT
cjal-3258	404	32	2002	2002	NUM
cjal-3258	404	33	)	)	PUNCT
cjal-3258	404	34	;	;	PUNCT
cjal-3258	404	35	bao	bao	PROPN
cjal-3258	404	36	ji	ji	PROPN
cjal-3258	404	37	titanium	titanium	PROPN
cjal-3258	404	38	industry	industry	PROPN
cjal-3258	404	39	co.	co.	PROPN
cjal-3258	404	40	,	,	PUNCT
cjal-3258	404	41	share	share	NOUN
cjal-3258	404	42	issue	issue	NOUN
cjal-3258	404	43	prospectus	prospectus	NOUN
cjal-3258	404	44	(	(	PUNCT
cjal-3258	404	45	apr	apr	NOUN
cjal-3258	404	46	.	.	PROPN
cjal-3258	404	47	6	6	NUM
cjal-3258	404	48	,	,	PUNCT
cjal-3258	404	49	2002	2002	NUM
cjal-3258	404	50	)	)	PUNCT
cjal-3258	404	51	;	;	PUNCT
cjal-3258	404	52	sichuan	sichuan	PROPN
cjal-3258	404	53	road	road	PROPN
cjal-3258	404	54	&	&	CCONJ
cjal-3258	404	55	bridge	bridge	PROPN
cjal-3258	404	56	co.	co.	PROPN
cjal-3258	404	57	,	,	PUNCT
cjal-3258	404	58	share	share	NOUN
cjal-3258	404	59	issue	issue	NOUN
cjal-3258	404	60	prospectus	prospectus	NOUN
cjal-3258	404	61	(	(	PUNCT
cjal-3258	404	62	mar	mar	PROPN
cjal-3258	404	63	.	.	PROPN
cjal-3258	404	64	21	21	NUM
cjal-3258	404	65	,	,	PUNCT
cjal-3258	404	66	2003	2003	NUM
cjal-3258	404	67	)	)	PUNCT
cjal-3258	404	68	.	.	PUNCT
cjal-3258	405	1	98	98	NUM
cjal-3258	405	2	e.g.	e.g.	ADV
cjal-3258	405	3	,	,	PUNCT
cjal-3258	405	4	nanjing	nanjing	PROPN
cjal-3258	405	5	textile	textile	PROPN
cjal-3258	405	6	import	import	PROPN
cjal-3258	405	7	&	&	CCONJ
cjal-3258	405	8	export	export	PROPN
cjal-3258	405	9	corp	corp	PROPN
cjal-3258	405	10	.	.	PROPN
cjal-3258	405	11	,	,	PUNCT
cjal-3258	405	12	share	share	NOUN
cjal-3258	405	13	issue	issue	NOUN
cjal-3258	405	14	prospectus	prospectus	NOUN
cjal-3258	405	15	(	(	PUNCT
cjal-3258	405	16	mar	mar	PROPN
cjal-3258	405	17	.	.	PROPN
cjal-3258	405	18	6	6	NUM
cjal-3258	405	19	,	,	PUNCT
cjal-3258	405	20	2001	2001	NUM
cjal-3258	405	21	)	)	PUNCT
cjal-3258	405	22	;	;	PUNCT
cjal-3258	405	23	tibet	tibet	PROPN
cjal-3258	405	24	tianlu	tianlu	PROPN
cjal-3258	405	25	communication	communication	PROPN
cjal-3258	405	26	co.	co.	PROPN
cjal-3258	405	27	,	,	PUNCT
cjal-3258	405	28	share	share	NOUN
cjal-3258	405	29	issue	issue	NOUN
cjal-3258	405	30	prospectus	prospectus	NOUN
cjal-3258	405	31	(	(	PUNCT
cjal-3258	405	32	jan	jan	PROPN
cjal-3258	405	33	.	.	PROPN
cjal-3258	405	34	16	16	NUM
cjal-3258	405	35	,	,	PUNCT
cjal-3258	405	36	2001	2001	NUM
cjal-3258	405	37	)	)	PUNCT
cjal-3258	405	38	;	;	PUNCT
cjal-3258	405	39	zhongyuan	zhongyuan	PROPN
cjal-3258	405	40	petroleum	petroleum	PROPN
cjal-3258	405	41	co.	co.	PROPN
cjal-3258	405	42	,	,	PUNCT
cjal-3258	405	43	share	share	NOUN
cjal-3258	405	44	issue	issue	NOUN
cjal-3258	405	45	prospectus	prospectus	NOUN
cjal-3258	405	46	(	(	PUNCT
cjal-3258	405	47	nov	nov	PROPN
cjal-3258	405	48	.	.	PROPN
cjal-3258	405	49	6	6	NUM
cjal-3258	405	50	,	,	PUNCT
cjal-3258	405	51	1999	1999	NUM
cjal-3258	405	52	)	)	PUNCT
cjal-3258	405	53	;	;	PUNCT
cjal-3258	405	54	hubei	hubei	PROPN
cjal-3258	405	55	mailyard	mailyard	PROPN
cjal-3258	405	56	share	share	PROPN
cjal-3258	405	57	co.	co.	PROPN
cjal-3258	405	58	,	,	PUNCT
cjal-3258	405	59	share	share	NOUN
cjal-3258	405	60	issue	issue	NOUN
cjal-3258	405	61	prospectus	prospectus	NOUN
cjal-3258	405	62	(	(	PUNCT
cjal-3258	405	63	nov	nov	PROPN
cjal-3258	405	64	.	.	PROPN
cjal-3258	405	65	6	6	NUM
cjal-3258	405	66	,	,	PUNCT
cjal-3258	405	67	1997	1997	NUM
cjal-3258	405	68	)	)	PUNCT
cjal-3258	405	69	;	;	PUNCT
cjal-3258	405	70	jilin	jilin	PROPN
cjal-3258	405	71	yatai	yatai	PROPN
cjal-3258	405	72	(	(	PUNCT
cjal-3258	405	73	group	group	PROPN
cjal-3258	405	74	)	)	PUNCT
cjal-3258	405	75	co.	co.	PROPN
cjal-3258	405	76	,	,	PUNCT
cjal-3258	405	77	share	share	NOUN
cjal-3258	405	78	issue	issue	NOUN
cjal-3258	405	79	prospectus	prospectus	NOUN
cjal-3258	405	80	(	(	PUNCT
cjal-3258	405	81	nov	nov	PROPN
cjal-3258	405	82	.	.	PROPN
cjal-3258	405	83	15	15	NUM
cjal-3258	405	84	,	,	PUNCT
cjal-3258	405	85	1995	1995	NUM
cjal-3258	405	86	)	)	PUNCT
cjal-3258	405	87	.	.	PUNCT
cjal-3258	406	1	2006	2006	NUM
cjal-3258	406	2	]	]	PUNCT
cjal-3258	406	3	317	317	NUM
cjal-3258	406	4	columbia	columbia	PROPN
cjal-3258	406	5	journal	journal	PROPN
cjal-3258	406	6	of	of	ADP
cjal-3258	406	7	asian	asian	PROPN
cjal-3258	406	8	la	la	PROPN
cjal-3258	406	9	w	w	PROPN
cjal-3258	406	10	consistently	consistently	ADV
cjal-3258	406	11	in	in	ADP
cjal-3258	406	12	all	all	DET
cjal-3258	406	13	share	share	NOUN
cjal-3258	406	14	issue	issue	NOUN
cjal-3258	406	15	prospectuses.99	prospectuses.99	NOUN
cjal-3258	406	16	even	even	ADV
cjal-3258	406	17	if	if	SCONJ
cjal-3258	406	18	we	we	PRON
cjal-3258	406	19	assume	assume	VERB
cjal-3258	406	20	that	that	SCONJ
cjal-3258	406	21	there	there	PRON
cjal-3258	406	22	is	be	VERB
cjal-3258	406	23	some	some	DET
cjal-3258	406	24	oral	oral	ADJ
cjal-3258	406	25	promise	promise	NOUN
cjal-3258	406	26	or	or	CCONJ
cjal-3258	406	27	implied	imply	VERB
cjal-3258	406	28	term	term	NOUN
cjal-3258	406	29	,	,	PUNCT
cjal-3258	406	30	100	100	NUM
cjal-3258	406	31	we	we	PRON
cjal-3258	406	32	still	still	ADV
cjal-3258	406	33	find	find	VERB
cjal-3258	406	34	it	it	PRON
cjal-3258	406	35	quite	quite	ADV
cjal-3258	406	36	unbelievable	unbelievable	ADJ
cjal-3258	406	37	to	to	PART
cjal-3258	406	38	insist	insist	VERB
cjal-3258	406	39	that	that	SCONJ
cjal-3258	406	40	the	the	DET
cjal-3258	406	41	trading	trading	NOUN
cjal-3258	406	42	of	of	ADP
cjal-3258	406	43	non	non	ADJ
cjal-3258	406	44	-	-	ADJ
cjal-3258	406	45	tradable	tradable	ADJ
cjal-3258	406	46	shares	share	NOUN
cjal-3258	406	47	after	after	ADP
cjal-3258	406	48	a	a	DET
cjal-3258	406	49	considerable	considerable	ADJ
cjal-3258	406	50	period	period	NOUN
cjal-3258	406	51	from	from	ADP
cjal-3258	406	52	the	the	DET
cjal-3258	406	53	time	time	NOUN
cjal-3258	406	54	of	of	ADP
cjal-3258	406	55	share	share	NOUN
cjal-3258	406	56	issuance	issuance	NOUN
cjal-3258	406	57	can	can	AUX
cjal-3258	406	58	be	be	AUX
cjal-3258	406	59	a	a	DET
cjal-3258	406	60	breach	breach	NOUN
cjal-3258	406	61	of	of	ADP
cjal-3258	406	62	the	the	DET
cjal-3258	406	63	term	term	NOUN
cjal-3258	406	64	"	"	PUNCT
cjal-3258	406	65	temporarily	temporarily	ADV
cjal-3258	406	66	not	not	PART
cjal-3258	406	67	trade	trade	VERB
cjal-3258	406	68	.	.	PUNCT
cjal-3258	406	69	"	"	PUNCT
cjal-3258	407	1	most	most	ADJ
cjal-3258	407	2	chinese	chinese	ADJ
cjal-3258	407	3	scholars	scholar	NOUN
cjal-3258	407	4	advocating	advocate	VERB
cjal-3258	407	5	the	the	DET
cjal-3258	407	6	contract	contract	NOUN
cjal-3258	407	7	theory	theory	NOUN
cjal-3258	407	8	have	have	AUX
cjal-3258	407	9	ignored	ignore	VERB
cjal-3258	407	10	this	this	DET
cjal-3258	407	11	problem	problem	NOUN
cjal-3258	407	12	,	,	PUNCT
cjal-3258	407	13	and	and	CCONJ
cjal-3258	407	14	the	the	DET
cjal-3258	407	15	few	few	ADJ
cjal-3258	407	16	who	who	PRON
cjal-3258	407	17	have	have	AUX
cjal-3258	407	18	attempted	attempt	VERB
cjal-3258	407	19	to	to	PART
cjal-3258	407	20	tackle	tackle	VERB
cjal-3258	407	21	it	it	PRON
cjal-3258	407	22	have	have	AUX
cjal-3258	407	23	simply	simply	ADV
cjal-3258	407	24	explained	explain	VERB
cjal-3258	407	25	that	that	SCONJ
cjal-3258	407	26	the	the	DET
cjal-3258	407	27	ten	ten	NUM
cjal-3258	407	28	-	-	PUNCT
cjal-3258	407	29	plus	plus	CCONJ
cjal-3258	407	30	years	year	NOUN
cjal-3258	407	31	of	of	ADP
cjal-3258	407	32	non	non	ADJ
cjal-3258	407	33	-	-	ADJ
cjal-3258	407	34	trading	trading	NOUN
cjal-3258	407	35	have	have	AUX
cjal-3258	407	36	resulted	result	VERB
cjal-3258	407	37	in	in	ADP
cjal-3258	407	38	the	the	DET
cjal-3258	407	39	legal	legal	ADJ
cjal-3258	407	40	meaning	meaning	NOUN
cjal-3258	407	41	of	of	ADP
cjal-3258	407	42	"	"	PUNCT
cjal-3258	407	43	temporary	temporary	ADJ
cjal-3258	407	44	"	"	PUNCT
cjal-3258	407	45	changing	change	VERB
cjal-3258	407	46	to	to	ADP
cjal-3258	407	47	"	"	PUNCT
cjal-3258	407	48	permanent	permanent	ADJ
cjal-3258	407	49	.	.	PUNCT
cjal-3258	407	50	"	"	PUNCT
cjal-3258	407	51	''	''	PUNCT
cjal-3258	407	52	°	°	ADV
cjal-3258	407	53	again	again	ADV
cjal-3258	407	54	,	,	PUNCT
cjal-3258	407	55	this	this	PRON
cjal-3258	407	56	is	be	AUX
cjal-3258	407	57	not	not	PART
cjal-3258	407	58	a	a	DET
cjal-3258	407	59	satisfactory	satisfactory	ADJ
cjal-3258	407	60	explanation	explanation	NOUN
cjal-3258	407	61	.	.	PUNCT
cjal-3258	408	1	fang	fang	PROPN
cjal-3258	408	2	li	li	PROPN
cjal-3258	408	3	's	's	PART
cjal-3258	408	4	more	more	ADV
cjal-3258	408	5	sophisticated	sophisticated	ADJ
cjal-3258	408	6	argument	argument	NOUN
cjal-3258	408	7	relies	rely	VERB
cjal-3258	408	8	on	on	ADP
cjal-3258	408	9	force	force	NOUN
cjal-3258	408	10	majeure	majeure	NOUN
cjal-3258	408	11	altering	alter	VERB
cjal-3258	408	12	the	the	DET
cjal-3258	408	13	contract	contract	NOUN
cjal-3258	408	14	,	,	PUNCT
cjal-3258	408	15	and	and	CCONJ
cjal-3258	408	16	has	have	AUX
cjal-3258	408	17	been	be	AUX
cjal-3258	408	18	adopted	adopt	VERB
cjal-3258	408	19	as	as	ADP
cjal-3258	408	20	the	the	DET
cjal-3258	408	21	legal	legal	ADJ
cjal-3258	408	22	basis	basis	NOUN
cjal-3258	408	23	in	in	ADP
cjal-3258	408	24	two	two	NUM
cjal-3258	408	25	recent	recent	ADJ
cjal-3258	408	26	publications	publication	NOUN
cjal-3258	408	27	.	.	PUNCT
cjal-3258	409	1	10	10	NUM
cjal-3258	409	2	2	2	NUM
cjal-3258	409	3	he	he	PRON
cjal-3258	409	4	argues'0	argues'0	ADV
cjal-3258	409	5	3	3	NUM
cjal-3258	409	6	that	that	SCONJ
cjal-3258	409	7	the	the	DET
cjal-3258	409	8	reform	reform	NOUN
cjal-3258	409	9	is	be	AUX
cjal-3258	409	10	a	a	DET
cjal-3258	409	11	force	force	NOUN
cjal-3258	409	12	majeure	majeure	NOUN
cjal-3258	409	13	event	event	NOUN
cjal-3258	409	14	that	that	PRON
cjal-3258	409	15	alters	alter	VERB
cjal-3258	409	16	the	the	DET
cjal-3258	409	17	original	original	ADJ
cjal-3258	409	18	contract	contract	NOUN
cjal-3258	409	19	.	.	PUNCT
cjal-3258	410	1	hence	hence	ADV
cjal-3258	410	2	,	,	PUNCT
cjal-3258	410	3	the	the	DET
cjal-3258	410	4	parties	party	NOUN
cjal-3258	410	5	need	need	AUX
cjal-3258	410	6	not	not	PART
cjal-3258	410	7	compensate	compensate	VERB
cjal-3258	410	8	each	each	DET
cjal-3258	410	9	other	other	ADJ
cjal-3258	410	10	under	under	ADP
cjal-3258	410	11	the	the	DET
cjal-3258	410	12	contract	contract	NOUN
cjal-3258	410	13	law	law	NOUN
cjal-3258	410	14	.	.	PUNCT
cjal-3258	411	1	however	however	ADV
cjal-3258	411	2	,	,	PUNCT
cjal-3258	411	3	since	since	SCONJ
cjal-3258	411	4	non	non	ADJ
cjal-3258	411	5	-	-	ADJ
cjal-3258	411	6	tradable	tradable	ADJ
cjal-3258	411	7	shareholders	shareholder	NOUN
cjal-3258	411	8	have	have	AUX
cjal-3258	411	9	clearly	clearly	ADV
cjal-3258	411	10	profited	profit	VERB
cjal-3258	411	11	at	at	ADP
cjal-3258	411	12	the	the	DET
cjal-3258	411	13	expense	expense	NOUN
cjal-3258	411	14	of	of	ADP
cjal-3258	411	15	the	the	DET
cjal-3258	411	16	tradable	tradable	ADJ
cjal-3258	411	17	shareholders	shareholder	NOUN
cjal-3258	411	18	,	,	PUNCT
cjal-3258	411	19	they	they	PRON
cjal-3258	411	20	have	have	VERB
cjal-3258	411	21	to	to	PART
cjal-3258	411	22	provide	provide	VERB
cjal-3258	411	23	reasonable	reasonable	ADJ
cjal-3258	411	24	compensation	compensation	NOUN
cjal-3258	411	25	to	to	ADP
cjal-3258	411	26	the	the	DET
cjal-3258	411	27	tradable	tradable	ADJ
cjal-3258	411	28	shareholders	shareholder	NOUN
cjal-3258	411	29	in	in	ADP
cjal-3258	411	30	accordance	accordance	NOUN
cjal-3258	411	31	with	with	ADP
cjal-3258	411	32	the	the	DET
cjal-3258	411	33	equity	equity	NOUN
cjal-3258	411	34	principle	principle	NOUN
cjal-3258	411	35	under	under	ADP
cjal-3258	411	36	section	section	NOUN
cjal-3258	411	37	5	5	NUM
cjal-3258	411	38	of	of	ADP
cjal-3258	411	39	the	the	DET
cjal-3258	411	40	contract	contract	NOUN
cjal-3258	411	41	law	law	NOUN
cjal-3258	411	42	and	and	CCONJ
cjal-3258	411	43	section	section	NOUN
cjal-3258	411	44	4	4	NUM
cjal-3258	411	45	of	of	ADP
cjal-3258	411	46	the	the	DET
cjal-3258	411	47	civil	civil	ADJ
cjal-3258	411	48	law	law	NOUN
cjal-3258	411	49	.	.	PUNCT
cjal-3258	412	1	10	10	NUM
cjal-3258	412	2	4	4	NUM
cjal-3258	412	3	the	the	DET
cjal-3258	412	4	shortcoming	shortcoming	NOUN
cjal-3258	412	5	of	of	ADP
cjal-3258	412	6	this	this	DET
cjal-3258	412	7	argument	argument	NOUN
cjal-3258	412	8	lies	lie	VERB
cjal-3258	412	9	in	in	ADP
cjal-3258	412	10	the	the	DET
cjal-3258	412	11	definition	definition	NOUN
cjal-3258	412	12	of	of	ADP
cjal-3258	412	13	force	force	NOUN
cjal-3258	412	14	majeure	majeure	NOUN
cjal-3258	412	15	.	.	PUNCT
cjal-3258	413	1	section	section	NOUN
cjal-3258	413	2	117	117	NUM
cjal-3258	413	3	of	of	ADP
cjal-3258	413	4	the	the	DET
cjal-3258	413	5	contract	contract	NOUN
cjal-3258	413	6	law	law	NOUN
cjal-3258	413	7	defines	define	VERB
cjal-3258	413	8	force	force	NOUN
cjal-3258	413	9	majeure	majeure	NOUN
cjal-3258	413	10	as	as	ADP
cjal-3258	413	11	an	an	DET
cjal-3258	413	12	unforeseeable	unforeseeable	ADJ
cjal-3258	413	13	,	,	PUNCT
cjal-3258	413	14	unavoidable	unavoidable	ADJ
cjal-3258	413	15	and	and	CCONJ
cjal-3258	413	16	insurmountable	insurmountable	ADJ
cjal-3258	413	17	event	event	NOUN
cjal-3258	413	18	.	.	PUNCT
cjal-3258	414	1	mirroring	mirror	VERB
cjal-3258	414	2	our	our	PRON
cjal-3258	414	3	arguments	argument	NOUN
cjal-3258	414	4	above	above	ADV
cjal-3258	414	5	,	,	PUNCT
cjal-3258	414	6	we	we	PRON
cjal-3258	414	7	seriously	seriously	ADV
cjal-3258	414	8	doubt	doubt	VERB
cjal-3258	414	9	that	that	SCONJ
cjal-3258	414	10	the	the	DET
cjal-3258	414	11	trading	trading	NOUN
cjal-3258	414	12	of	of	ADP
cjal-3258	414	13	temporarily	temporarily	ADV
cjal-3258	414	14	non	non	ADJ
cjal-3258	414	15	-	-	ADJ
cjal-3258	414	16	tradable	tradable	ADJ
cjal-3258	414	17	shares	share	NOUN
cjal-3258	414	18	is	be	AUX
cjal-3258	414	19	so	so	ADV
cjal-3258	414	20	unforeseeable	unforeseeable	ADJ
cjal-3258	414	21	as	as	SCONJ
cjal-3258	414	22	to	to	PART
cjal-3258	414	23	qualify	qualify	VERB
cjal-3258	414	24	as	as	ADP
cjal-3258	414	25	a	a	DET
cjal-3258	414	26	force	force	NOUN
cjal-3258	414	27	majeure	majeure	NOUN
cjal-3258	414	28	event	event	NOUN
cjal-3258	414	29	.	.	PUNCT
cjal-3258	415	1	this	this	PRON
cjal-3258	415	2	is	be	AUX
cjal-3258	415	3	especially	especially	ADV
cjal-3258	415	4	so	so	ADV
cjal-3258	415	5	for	for	ADP
cjal-3258	415	6	the	the	DET
cjal-3258	415	7	more	more	ADV
cjal-3258	415	8	recent	recent	ADJ
cjal-3258	415	9	prospectuses	prospectus	NOUN
cjal-3258	415	10	after	after	ADP
cjal-3258	415	11	the	the	DET
cjal-3258	415	12	failed	failed	ADJ
cjal-3258	415	13	2001	2001	NUM
cjal-3258	415	14	reform	reform	NOUN
cjal-3258	415	15	.	.	PUNCT
cjal-3258	416	1	4	4	X
cjal-3258	416	2	.	.	X
cjal-3258	416	3	tort	tort	NOUN
cjal-3258	416	4	and	and	CCONJ
cjal-3258	416	5	unjust	unjust	ADJ
cjal-3258	416	6	enrichment	enrichment	NOUN
cjal-3258	416	7	some	some	DET
cjal-3258	416	8	scholars	scholar	NOUN
cjal-3258	416	9	perceived	perceive	VERB
cjal-3258	416	10	the	the	DET
cjal-3258	416	11	high	high	ADJ
cjal-3258	416	12	above	above	ADP
cjal-3258	416	13	-	-	PUNCT
cjal-3258	416	14	par	par	NOUN
cjal-3258	416	15	issue	issue	NOUN
cjal-3258	416	16	as	as	ADP
cjal-3258	416	17	a	a	DET
cjal-3258	416	18	tort	tort	NOUN
cjal-3258	416	19	or	or	CCONJ
cjal-3258	416	20	an	an	DET
cjal-3258	416	21	unjust	unjust	ADJ
cjal-3258	416	22	enrichment	enrichment	NOUN
cjal-3258	416	23	by	by	ADP
cjal-3258	416	24	the	the	DET
cjal-3258	416	25	non	non	ADJ
cjal-3258	416	26	-	-	ADJ
cjal-3258	416	27	tradable	tradable	ADJ
cjal-3258	416	28	shareholders	shareholder	NOUN
cjal-3258	416	29	,	,	PUNCT
cjal-3258	416	30	who	who	PRON
cjal-3258	416	31	must	must	AUX
cjal-3258	416	32	then	then	ADV
cjal-3258	416	33	either	either	CCONJ
cjal-3258	416	34	compensate	compensate	VERB
cjal-3258	416	35	for	for	ADP
cjal-3258	416	36	the	the	DET
cjal-3258	416	37	tort	tort	NOUN
cjal-3258	416	38	or	or	CCONJ
cjal-3258	416	39	disgorge	disgorge	VERB
cjal-3258	416	40	the	the	DET
cjal-3258	416	41	unjust	unjust	ADJ
cjal-3258	416	42	enrichment	enrichment	NOUN
cjal-3258	416	43	.	.	PUNCT
cjal-3258	417	1	'0	'0	X
cjal-3258	417	2	5	5	NUM
cjal-3258	417	3	the	the	DET
cjal-3258	417	4	false	false	ADJ
cjal-3258	417	5	disclosure	disclosure	NOUN
cjal-3258	417	6	of	of	ADP
cjal-3258	417	7	information	information	NOUN
cjal-3258	417	8	during	during	ADP
cjal-3258	417	9	share	share	NOUN
cjal-3258	417	10	issuance	issuance	NOUN
cjal-3258	417	11	also	also	ADV
cjal-3258	417	12	amounts	amount	VERB
cjal-3258	417	13	to	to	ADP
cjal-3258	417	14	a	a	DET
cjal-3258	417	15	tortious	tortious	ADJ
cjal-3258	417	16	99	99	NUM
cjal-3258	417	17	fang	fang	NOUN
cjal-3258	417	18	,	,	PUNCT
cjal-3258	417	19	supra	supra	PROPN
cjal-3258	417	20	note	note	NOUN
cjal-3258	417	21	75	75	NUM
cjal-3258	417	22	.	.	PUNCT
cjal-3258	418	1	see	see	VERB
cjal-3258	418	2	also	also	ADV
cjal-3258	418	3	he	he	PRON
cjal-3258	418	4	,	,	PUNCT
cjal-3258	418	5	supra	supra	PROPN
cjal-3258	418	6	note	note	PROPN
cjal-3258	418	7	7	7	NUM
cjal-3258	418	8	,	,	PUNCT
cjal-3258	418	9	at	at	ADP
cjal-3258	418	10	58	58	NUM
cjal-3258	418	11	;	;	PUNCT
cjal-3258	418	12	fsi	fsi	PROPN
cjal-3258	418	13	report	report	NOUN
cjal-3258	418	14	,	,	PUNCT
cjal-3258	418	15	supra	supra	PROPN
cjal-3258	418	16	note	note	PROPN
cjal-3258	418	17	29	29	NUM
cjal-3258	418	18	,	,	PUNCT
cjal-3258	418	19	at	at	ADP
cjal-3258	418	20	51	51	NUM
cjal-3258	418	21	.	.	PUNCT
cjal-3258	418	22	10o	10o	PROPN
cjal-3258	418	23	luo	luo	PROPN
cjal-3258	418	24	,	,	PUNCT
cjal-3258	418	25	supra	supra	PROPN
cjal-3258	418	26	note	note	PROPN
cjal-3258	418	27	22	22	NUM
cjal-3258	418	28	,	,	PUNCT
cjal-3258	418	29	at	at	ADP
cjal-3258	418	30	19	19	NUM
cjal-3258	418	31	;	;	PUNCT
cjal-3258	418	32	tan	tan	PROPN
cjal-3258	418	33	,	,	PUNCT
cjal-3258	418	34	supra	supra	PROPN
cjal-3258	418	35	note	note	NOUN
cjal-3258	418	36	68	68	NUM
cjal-3258	418	37	.	.	PUNCT
cjal-3258	419	1	'	'	PUNCT
cjal-3258	419	2	0l	0l	X
cjal-3258	419	3	zj	zj	X
cjal-3258	419	4	,	,	PUNCT
cjal-3258	419	5	[	[	X
cjal-3258	419	6	il1kl	il1kl	NOUN
cjal-3258	419	7	71	71	NUM
cjal-3258	419	8	iw	iw	PROPN
cjal-3258	419	9	[	[	X
cjal-3258	419	10	li	li	PROPN
cjal-3258	419	11	zhenning	zhenning	PROPN
cjal-3258	419	12	,	,	PUNCT
cjal-3258	419	13	large	large	ADJ
cjal-3258	419	14	state	state	NOUN
cjal-3258	419	15	-	-	PUNCT
cjal-3258	419	16	owned	own	VERB
cjal-3258	419	17	enterprises	enterprise	NOUN
cjal-3258	419	18	should	should	AUX
cjal-3258	419	19	make	make	VERB
cjal-3258	419	20	their	their	PRON
cjal-3258	419	21	stand	stand	NOUN
cjal-3258	419	22	]	]	PUNCT
cjal-3258	419	23	,	,	PUNCT
cjal-3258	419	24	139	139	NUM
cjal-3258	419	25	9hl[caij1ng	9hl[caij1ng	NOUN
cjal-3258	419	26	mag	mag	NOUN
cjal-3258	419	27	.	.	PUNCT
cjal-3258	419	28	]	]	PUNCT
cjal-3258	420	1	28	28	NUM
cjal-3258	420	2	(	(	PUNCT
cjal-3258	420	3	2005	2005	NUM
cjal-3258	420	4	)	)	PUNCT
cjal-3258	420	5	.	.	PUNCT
cjal-3258	421	1	102	102	NUM
cjal-3258	421	2	he	he	PRON
cjal-3258	421	3	,	,	PUNCT
cjal-3258	421	4	supra	supra	PROPN
cjal-3258	421	5	note	note	VERB
cjal-3258	421	6	7	7	NUM
cjal-3258	421	7	;	;	PUNCT
cjal-3258	421	8	fsi	fsi	PROPN
cjal-3258	421	9	report	report	NOUN
cjal-3258	421	10	,	,	PUNCT
cjal-3258	421	11	supra	supra	PROPN
cjal-3258	421	12	note	note	NOUN
cjal-3258	421	13	29	29	NUM
cjal-3258	421	14	.	.	SYM
cjal-3258	421	15	103	103	NUM
cjal-3258	421	16	fang	fang	X
cjal-3258	421	17	,	,	PUNCT
cjal-3258	421	18	supra	supra	PROPN
cjal-3258	421	19	note	note	NOUN
cjal-3258	421	20	75	75	NUM
cjal-3258	421	21	.	.	PUNCT
cjal-3258	422	1	104	104	NUM
cjal-3258	422	2	r,8,nij	r,8,nij	NOUN
cjal-3258	423	1	[	[	X
cjal-3258	423	2	general	general	ADJ
cjal-3258	423	3	principles	principle	NOUN
cjal-3258	423	4	of	of	ADP
cjal-3258	423	5	the	the	DET
cjal-3258	423	6	civil	civil	ADJ
cjal-3258	423	7	law	law	NOUN
cjal-3258	423	8	of	of	ADP
cjal-3258	423	9	the	the	DET
cjal-3258	423	10	people	people	NOUN
cjal-3258	423	11	's	's	PART
cjal-3258	423	12	republic	republic	NOUN
cjal-3258	423	13	of	of	ADP
cjal-3258	423	14	china	china	PROPN
cjal-3258	423	15	]	]	PUNCT
cjal-3258	423	16	(	(	PUNCT
cjal-3258	423	17	promulgated	promulgate	VERB
cjal-3258	423	18	by	by	ADP
cjal-3258	423	19	the	the	DET
cjal-3258	423	20	standing	standing	NOUN
cjal-3258	423	21	comm	comm	NOUN
cjal-3258	423	22	.	.	PUNCT
cjal-3258	424	1	nat'l	nat'l	NOUN
cjal-3258	424	2	people	people	NOUN
cjal-3258	424	3	's	's	PART
cjal-3258	424	4	cong	cong	NOUN
cjal-3258	424	5	.	.	PROPN
cjal-3258	424	6	,	,	PUNCT
cjal-3258	424	7	apr	apr	PROPN
cjal-3258	424	8	.	.	PROPN
cjal-3258	424	9	12	12	NUM
cjal-3258	424	10	,	,	PUNCT
cjal-3258	424	11	1986	1986	NUM
cjal-3258	424	12	,	,	PUNCT
cjal-3258	424	13	effective	effective	ADJ
cjal-3258	424	14	jan	jan	PROPN
cjal-3258	424	15	.	.	PROPN
cjal-3258	424	16	1	1	NUM
cjal-3258	424	17	,	,	PUNCT
cjal-3258	424	18	1987	1987	NUM
cjal-3258	424	19	)	)	PUNCT
cjal-3258	424	20	,	,	PUNCT
cjal-3258	424	21	translated	translate	VERB
cjal-3258	424	22	in	in	ADP
cjal-3258	424	23	chinalawinfo	chinalawinfo	NOUN
cjal-3258	424	24	(	(	PUNCT
cjal-3258	424	25	lexis	lexis	NOUN
cjal-3258	424	26	)	)	PUNCT
cjal-3258	424	27	prcleg	prcleg	NOUN
cjal-3258	424	28	1165	1165	NUM
cjal-3258	424	29	.	.	PUNCT
cjal-3258	425	1	105	105	NUM
cjal-3258	425	2	tan	tan	ADJ
cjal-3258	425	3	,	,	PUNCT
cjal-3258	425	4	supra	supra	PROPN
cjal-3258	425	5	note	note	PROPN
cjal-3258	425	6	68	68	NUM
cjal-3258	425	7	,	,	PUNCT
cjal-3258	425	8	at	at	ADP
cjal-3258	425	9	n.	n.	NOUN
cjal-3258	425	10	17	17	NUM
cjal-3258	425	11	.	.	PUNCT
cjal-3258	426	1	[	[	X
cjal-3258	426	2	20:1	20:1	NUM
cjal-3258	426	3	regulatory	regulatory	ADJ
cjal-3258	426	4	givings	giving	NOUN
cjal-3258	426	5	in	in	ADP
cjal-3258	426	6	china	china	PROPN
cjal-3258	426	7	act	act	PROPN
cjal-3258	426	8	.	.	PUNCT
cjal-3258	427	1	0	0	NUM
cjal-3258	428	1	6	6	NUM
cjal-3258	428	2	the	the	DET
cjal-3258	428	3	problem	problem	NOUN
cjal-3258	428	4	with	with	ADP
cjal-3258	428	5	the	the	DET
cjal-3258	428	6	first	first	ADJ
cjal-3258	428	7	line	line	NOUN
cjal-3258	428	8	of	of	ADP
cjal-3258	428	9	argument	argument	NOUN
cjal-3258	428	10	is	be	AUX
cjal-3258	428	11	that	that	SCONJ
cjal-3258	428	12	it	it	PRON
cjal-3258	428	13	applies	apply	VERB
cjal-3258	428	14	only	only	ADV
cjal-3258	428	15	to	to	ADP
cjal-3258	428	16	shares	share	NOUN
cjal-3258	428	17	issued	issue	VERB
cjal-3258	428	18	in	in	ADP
cjal-3258	428	19	the	the	DET
cjal-3258	428	20	initial	initial	ADJ
cjal-3258	428	21	listing	listing	NOUN
cjal-3258	428	22	.	.	PUNCT
cjal-3258	429	1	the	the	DET
cjal-3258	429	2	old	old	ADJ
cjal-3258	429	3	section	section	NOUN
cjal-3258	429	4	130	130	NUM
cjal-3258	429	5	of	of	ADP
cjal-3258	429	6	the	the	DET
cjal-3258	429	7	company	company	NOUN
cjal-3258	429	8	law	law	NOUN
cjal-3258	429	9	only	only	ADV
cjal-3258	429	10	stated	state	VERB
cjal-3258	429	11	that	that	SCONJ
cjal-3258	429	12	the	the	DET
cjal-3258	429	13	price	price	NOUN
cjal-3258	429	14	of	of	ADP
cjal-3258	429	15	the	the	DET
cjal-3258	429	16	shares	share	NOUN
cjal-3258	429	17	must	must	AUX
cjal-3258	429	18	be	be	AUX
cjal-3258	429	19	the	the	DET
cjal-3258	429	20	same	same	ADJ
cjal-3258	429	21	for	for	ADP
cjal-3258	429	22	the	the	DET
cjal-3258	429	23	same	same	ADJ
cjal-3258	429	24	price	price	NOUN
cjal-3258	429	25	issuance	issuance	NOUN
cjal-3258	429	26	.	.	PUNCT
cjal-3258	430	1	thus	thus	ADV
cjal-3258	430	2	,	,	PUNCT
cjal-3258	430	3	the	the	DET
cjal-3258	430	4	profit	profit	NOUN
cjal-3258	430	5	arising	arise	VERB
cjal-3258	430	6	out	out	ADP
cjal-3258	430	7	of	of	ADP
cjal-3258	430	8	the	the	DET
cjal-3258	430	9	high	high	ADJ
cjal-3258	430	10	above	above	ADP
cjal-3258	430	11	-	-	PUNCT
cjal-3258	430	12	par	par	NOUN
cjal-3258	430	13	share	share	NOUN
cjal-3258	430	14	in	in	ADP
cjal-3258	430	15	the	the	DET
cjal-3258	430	16	subsequent	subsequent	ADJ
cjal-3258	430	17	issuance	issuance	NOUN
cjal-3258	430	18	,	,	PUNCT
cjal-3258	430	19	while	while	SCONJ
cjal-3258	430	20	unfair	unfair	ADJ
cjal-3258	430	21	,	,	PUNCT
cjal-3258	430	22	is	be	AUX
cjal-3258	430	23	perfectly	perfectly	ADV
cjal-3258	430	24	legal	legal	ADJ
cjal-3258	430	25	.	.	PUNCT
cjal-3258	431	1	10	10	NUM
cjal-3258	431	2	7	7	NUM
cjal-3258	431	3	furthermore	furthermore	ADV
cjal-3258	431	4	,	,	PUNCT
cjal-3258	431	5	the	the	DET
cjal-3258	431	6	newly	newly	ADV
cjal-3258	431	7	amended	amend	VERB
cjal-3258	431	8	section	section	NOUN
cjal-3258	431	9	127	127	NUM
cjal-3258	431	10	allows	allow	VERB
cjal-3258	431	11	for	for	ADP
cjal-3258	431	12	different	different	ADJ
cjal-3258	431	13	prices	price	NOUN
cjal-3258	431	14	in	in	ADP
cjal-3258	431	15	the	the	DET
cjal-3258	431	16	same	same	ADJ
cjal-3258	431	17	issue	issue	NOUN
cjal-3258	431	18	as	as	ADV
cjal-3258	431	19	long	long	ADV
cjal-3258	431	20	as	as	SCONJ
cjal-3258	431	21	the	the	DET
cjal-3258	431	22	shares	share	NOUN
cjal-3258	431	23	are	be	AUX
cjal-3258	431	24	of	of	ADP
cjal-3258	431	25	different	different	ADJ
cjal-3258	431	26	classes	class	NOUN
cjal-3258	431	27	.	.	PUNCT
cjal-3258	432	1	in	in	ADP
cjal-3258	432	2	any	any	DET
cjal-3258	432	3	case	case	NOUN
cjal-3258	432	4	,	,	PUNCT
cjal-3258	432	5	the	the	DET
cjal-3258	432	6	critical	critical	ADJ
cjal-3258	432	7	flaw	flaw	NOUN
cjal-3258	432	8	in	in	ADP
cjal-3258	432	9	both	both	DET
cjal-3258	432	10	lines	line	NOUN
cjal-3258	432	11	of	of	ADP
cjal-3258	432	12	argument	argument	NOUN
cjal-3258	432	13	is	be	AUX
cjal-3258	432	14	that	that	SCONJ
cjal-3258	432	15	the	the	DET
cjal-3258	432	16	tortious	tortious	ADJ
cjal-3258	432	17	actions	action	NOUN
cjal-3258	432	18	are	be	AUX
cjal-3258	432	19	irrelevant	irrelevant	ADJ
cjal-3258	432	20	in	in	ADP
cjal-3258	432	21	the	the	DET
cjal-3258	432	22	trading	trading	NOUN
cjal-3258	432	23	of	of	ADP
cjal-3258	432	24	the	the	DET
cjal-3258	432	25	non	non	ADJ
cjal-3258	432	26	-	-	ADJ
cjal-3258	432	27	tradable	tradable	ADJ
cjal-3258	432	28	shares	share	NOUN
cjal-3258	432	29	.	.	PUNCT
cjal-3258	433	1	'0	'0	PART
cjal-3258	433	2	8	8	NUM
cjal-3258	433	3	any	any	DET
cjal-3258	433	4	claims	claim	NOUN
cjal-3258	433	5	for	for	ADP
cjal-3258	433	6	compensation	compensation	NOUN
cjal-3258	433	7	should	should	AUX
cjal-3258	433	8	be	be	AUX
cjal-3258	433	9	made	make	VERB
cjal-3258	433	10	by	by	ADP
cjal-3258	433	11	those	those	PRON
cjal-3258	433	12	who	who	PRON
cjal-3258	433	13	suffered	suffer	VERB
cjal-3258	433	14	the	the	DET
cjal-3258	433	15	loss	loss	NOUN
cjal-3258	433	16	against	against	ADP
cjal-3258	433	17	those	those	PRON
cjal-3258	433	18	who	who	PRON
cjal-3258	433	19	caused	cause	VERB
cjal-3258	433	20	that	that	DET
cjal-3258	433	21	loss	loss	NOUN
cjal-3258	433	22	.	.	PUNCT
cjal-3258	434	1	not	not	PART
cjal-3258	434	2	all	all	DET
cjal-3258	434	3	tradable	tradable	ADJ
cjal-3258	434	4	shareholders	shareholder	NOUN
cjal-3258	434	5	suffered	suffer	VERB
cjal-3258	434	6	losses	loss	NOUN
cjal-3258	434	7	and	and	CCONJ
cjal-3258	434	8	those	those	PRON
cjal-3258	434	9	that	that	PRON
cjal-3258	434	10	did	do	VERB
cjal-3258	434	11	may	may	AUX
cjal-3258	434	12	not	not	PART
cjal-3258	434	13	even	even	ADV
cjal-3258	434	14	be	be	AUX
cjal-3258	434	15	the	the	DET
cjal-3258	434	16	current	current	ADJ
cjal-3258	434	17	shareholders	shareholder	NOUN
cjal-3258	434	18	.	.	PUNCT
cjal-3258	435	1	similarly	similarly	ADV
cjal-3258	435	2	,	,	PUNCT
cjal-3258	435	3	the	the	DET
cjal-3258	435	4	current	current	ADJ
cjal-3258	435	5	nontradable	nontradable	ADJ
cjal-3258	435	6	shareholders	shareholder	NOUN
cjal-3258	435	7	may	may	AUX
cjal-3258	435	8	not	not	PART
cjal-3258	435	9	be	be	AUX
cjal-3258	435	10	the	the	DET
cjal-3258	435	11	tortfeasors	tortfeasor	NOUN
cjal-3258	435	12	.	.	PUNCT
cjal-3258	436	1	tying	tie	VERB
cjal-3258	436	2	the	the	DET
cjal-3258	436	3	trading	trading	NOUN
cjal-3258	436	4	of	of	ADP
cjal-3258	436	5	non	non	ADJ
cjal-3258	436	6	-	-	ADJ
cjal-3258	436	7	tradable	tradable	ADJ
cjal-3258	436	8	shares	share	NOUN
cjal-3258	436	9	with	with	ADP
cjal-3258	436	10	tortious	tortious	ADJ
cjal-3258	436	11	liability	liability	NOUN
cjal-3258	436	12	will	will	AUX
cjal-3258	436	13	result	result	VERB
cjal-3258	436	14	in	in	ADP
cjal-3258	436	15	compensation	compensation	NOUN
cjal-3258	436	16	by	by	ADP
cjal-3258	436	17	innocent	innocent	ADJ
cjal-3258	436	18	parties	party	NOUN
cjal-3258	436	19	to	to	ADP
cjal-3258	436	20	parties	party	NOUN
cjal-3258	436	21	who	who	PRON
cjal-3258	436	22	have	have	AUX
cjal-3258	436	23	suffered	suffer	VERB
cjal-3258	436	24	no	no	DET
cjal-3258	436	25	loss	loss	NOUN
cjal-3258	436	26	.	.	PUNCT
cjal-3258	437	1	5	5	X
cjal-3258	437	2	.	.	X
cjal-3258	437	3	conclusion	conclusion	NOUN
cjal-3258	437	4	on	on	ADP
cjal-3258	437	5	private	private	ADJ
cjal-3258	437	6	law	law	NOUN
cjal-3258	437	7	remedies	remedy	NOUN
cjal-3258	437	8	we	we	PRON
cjal-3258	437	9	have	have	AUX
cjal-3258	437	10	shown	show	VERB
cjal-3258	437	11	the	the	DET
cjal-3258	437	12	invalidity	invalidity	NOUN
cjal-3258	437	13	of	of	ADP
cjal-3258	437	14	the	the	DET
cjal-3258	437	15	contract	contract	NOUN
cjal-3258	437	16	and	and	CCONJ
cjal-3258	437	17	tort	tort	NOUN
cjal-3258	437	18	theories	theory	NOUN
cjal-3258	437	19	as	as	ADP
cjal-3258	437	20	legal	legal	ADJ
cjal-3258	437	21	justifications	justification	NOUN
cjal-3258	437	22	for	for	ADP
cjal-3258	437	23	reform	reform	NOUN
cjal-3258	437	24	,	,	PUNCT
cjal-3258	437	25	but	but	CCONJ
cjal-3258	437	26	nevertheless	nevertheless	ADV
cjal-3258	437	27	sympathize	sympathize	VERB
cjal-3258	437	28	with	with	ADP
cjal-3258	437	29	the	the	DET
cjal-3258	437	30	sentiments	sentiment	NOUN
cjal-3258	437	31	behind	behind	ADP
cjal-3258	437	32	the	the	DET
cjal-3258	437	33	use	use	NOUN
cjal-3258	437	34	of	of	ADP
cjal-3258	437	35	these	these	DET
cjal-3258	437	36	theories	theory	NOUN
cjal-3258	437	37	by	by	ADP
cjal-3258	437	38	chinese	chinese	ADJ
cjal-3258	437	39	scholars	scholar	NOUN
cjal-3258	437	40	.	.	PUNCT
cjal-3258	438	1	there	there	PRON
cjal-3258	438	2	is	be	VERB
cjal-3258	438	3	a	a	DET
cjal-3258	438	4	common	common	ADJ
cjal-3258	438	5	feeling	feeling	NOUN
cjal-3258	438	6	of	of	ADP
cjal-3258	438	7	injustice	injustice	NOUN
cjal-3258	438	8	with	with	ADP
cjal-3258	438	9	regard	regard	NOUN
cjal-3258	438	10	to	to	ADP
cjal-3258	438	11	non	non	ADJ
cjal-3258	438	12	-	-	ADJ
cjal-3258	438	13	tradable	tradable	ADJ
cjal-3258	438	14	shares	share	NOUN
cjal-3258	438	15	trading	trading	NOUN
cjal-3258	438	16	without	without	ADP
cjal-3258	438	17	any	any	DET
cjal-3258	438	18	payment	payment	NOUN
cjal-3258	438	19	of	of	ADP
cjal-3258	438	20	compensation	compensation	NOUN
cjal-3258	438	21	to	to	PART
cjal-3258	438	22	tradable	tradable	VERB
cjal-3258	438	23	shareholders.10	shareholders.10	NOUN
cjal-3258	438	24	9	9	NUM
cjal-3258	438	25	they	they	PRON
cjal-3258	438	26	think	think	VERB
cjal-3258	438	27	that	that	SCONJ
cjal-3258	438	28	the	the	DET
cjal-3258	438	29	non	non	ADJ
cjal-3258	438	30	-	-	ADJ
cjal-3258	438	31	tradable	tradable	ADJ
cjal-3258	438	32	shareholders	shareholder	NOUN
cjal-3258	438	33	,	,	PUNCT
cjal-3258	438	34	having	having	AUX
cjal-3258	438	35	profited	profit	VERB
cjal-3258	438	36	earlier	early	ADV
cjal-3258	438	37	under	under	ADP
cjal-3258	438	38	the	the	DET
cjal-3258	438	39	above	above	ADP
cjal-3258	438	40	-	-	PUNCT
cjal-3258	438	41	par	par	NOUN
cjal-3258	438	42	share	share	NOUN
cjal-3258	438	43	issuance	issuance	NOUN
cjal-3258	438	44	,	,	PUNCT
cjal-3258	438	45	should	should	AUX
cjal-3258	438	46	not	not	PART
cjal-3258	438	47	be	be	AUX
cjal-3258	438	48	allowed	allow	VERB
cjal-3258	438	49	to	to	PART
cjal-3258	438	50	profit	profit	VERB
cjal-3258	438	51	again	again	ADV
cjal-3258	438	52	at	at	ADP
cjal-3258	438	53	the	the	DET
cjal-3258	438	54	expense	expense	NOUN
cjal-3258	438	55	of	of	ADP
cjal-3258	438	56	tradable	tradable	ADJ
cjal-3258	438	57	shareholders	shareholder	NOUN
cjal-3258	438	58	.	.	PUNCT
cjal-3258	439	1	this	this	DET
cjal-3258	439	2	feeling	feeling	NOUN
cjal-3258	439	3	of	of	ADP
cjal-3258	439	4	injustice	injustice	NOUN
cjal-3258	439	5	is	be	AUX
cjal-3258	439	6	amplified	amplify	VERB
cjal-3258	439	7	by	by	ADP
cjal-3258	439	8	the	the	DET
cjal-3258	439	9	fact	fact	NOUN
cjal-3258	439	10	that	that	SCONJ
cjal-3258	439	11	non	non	ADJ
cjal-3258	439	12	-	-	ADJ
cjal-3258	439	13	tradable	tradable	ADJ
cjal-3258	439	14	shares	share	NOUN
cjal-3258	439	15	were	be	AUX
cjal-3258	439	16	generally	generally	ADV
cjal-3258	439	17	either	either	CCONJ
cjal-3258	439	18	owned	own	VERB
cjal-3258	439	19	by	by	ADP
cjal-3258	439	20	the	the	DET
cjal-3258	439	21	state	state	NOUN
cjal-3258	439	22	or	or	CCONJ
cjal-3258	439	23	big	big	ADJ
cjal-3258	439	24	corporations	corporation	NOUN
cjal-3258	439	25	while	while	SCONJ
cjal-3258	439	26	the	the	DET
cjal-3258	439	27	tradable	tradable	ADJ
cjal-3258	439	28	shareholders	shareholder	NOUN
cjal-3258	439	29	were	be	AUX
cjal-3258	439	30	usually	usually	ADV
cjal-3258	439	31	small	small	ADJ
cjal-3258	439	32	individual	individual	ADJ
cjal-3258	439	33	investors	investor	NOUN
cjal-3258	439	34	.	.	PUNCT
cjal-3258	440	1	however	however	ADV
cjal-3258	440	2	,	,	PUNCT
cjal-3258	440	3	one	one	PRON
cjal-3258	440	4	must	must	AUX
cjal-3258	440	5	keep	keep	VERB
cjal-3258	440	6	in	in	ADP
cjal-3258	440	7	mind	mind	NOUN
cjal-3258	440	8	that	that	SCONJ
cjal-3258	440	9	unlike	unlike	ADP
cjal-3258	440	10	the	the	DET
cjal-3258	440	11	tradable	tradable	ADJ
cjal-3258	440	12	shareholders	shareholder	NOUN
cjal-3258	440	13	who	who	PRON
cjal-3258	440	14	could	could	AUX
cjal-3258	440	15	profit	profit	VERB
cjal-3258	440	16	by	by	ADP
cjal-3258	440	17	selling	sell	VERB
cjal-3258	440	18	when	when	SCONJ
cjal-3258	440	19	prices	price	NOUN
cjal-3258	440	20	were	be	AUX
cjal-3258	440	21	high	high	ADJ
cjal-3258	440	22	or	or	CCONJ
cjal-3258	440	23	limit	limit	VERB
cjal-3258	440	24	their	their	PRON
cjal-3258	440	25	loss	loss	NOUN
cjal-3258	440	26	by	by	ADP
cjal-3258	440	27	selling	sell	VERB
cjal-3258	440	28	when	when	SCONJ
cjal-3258	440	29	there	there	PRON
cjal-3258	440	30	was	be	VERB
cjal-3258	440	31	a	a	DET
cjal-3258	440	32	threat	threat	NOUN
cjal-3258	440	33	of	of	ADP
cjal-3258	440	34	insolvency	insolvency	NOUN
cjal-3258	440	35	,	,	PUNCT
cjal-3258	440	36	"	"	PUNCT
cjal-3258	440	37	0	0	NUM
cjal-3258	440	38	the	the	DET
cjal-3258	440	39	non	non	ADJ
cjal-3258	440	40	-	-	ADJ
cjal-3258	440	41	tradable	tradable	ADJ
cjal-3258	440	42	shareholders	shareholder	NOUN
cjal-3258	440	43	were	be	AUX
cjal-3258	440	44	unable	unable	ADJ
cjal-3258	440	45	to	to	PART
cjal-3258	440	46	capitalize	capitalize	VERB
cjal-3258	440	47	on	on	ADP
cjal-3258	440	48	the	the	DET
cjal-3258	440	49	profit	profit	NOUN
cjal-3258	440	50	arising	arise	VERB
cjal-3258	440	51	from	from	ADP
cjal-3258	440	52	the	the	DET
cjal-3258	440	53	increase	increase	NOUN
cjal-3258	440	54	in	in	ADP
cjal-3258	440	55	share	share	NOUN
cjal-3258	440	56	prices	price	NOUN
cjal-3258	440	57	and	and	CCONJ
cjal-3258	440	58	had	have	VERB
cjal-3258	440	59	to	to	PART
cjal-3258	440	60	bear	bear	VERB
cjal-3258	440	61	all	all	PRON
cjal-3258	440	62	of	of	ADP
cjal-3258	440	63	the	the	DET
cjal-3258	440	64	insolvency	insolvency	NOUN
cjal-3258	440	65	risk	risk	NOUN
cjal-3258	440	66	.	.	PUNCT
cjal-3258	441	1	106	106	NUM
cjal-3258	441	2	colloquium	colloquium	NOUN
cjal-3258	441	3	in	in	ADP
cjal-3258	441	4	comments	comment	NOUN
cjal-3258	441	5	,	,	PUNCT
cjal-3258	441	6	supra	supra	PROPN
cjal-3258	441	7	note	note	NOUN
cjal-3258	441	8	75	75	NUM
cjal-3258	441	9	,	,	PUNCT
cjal-3258	441	10	at	at	ADP
cjal-3258	441	11	136	136	NUM
cjal-3258	441	12	.	.	PUNCT
cjal-3258	442	1	107	107	NUM
cjal-3258	442	2	tan	tan	PROPN
cjal-3258	442	3	,	,	PUNCT
cjal-3258	442	4	supra	supra	PROPN
cjal-3258	442	5	note	note	PROPN
cjal-3258	442	6	68	68	NUM
cjal-3258	442	7	.	.	NOUN
cjal-3258	442	8	108	108	NUM
cjal-3258	442	9	dan	dan	PROPN
cjal-3258	442	10	,	,	PUNCT
cjal-3258	442	11	supra	supra	PROPN
cjal-3258	442	12	note	note	PROPN
cjal-3258	442	13	81	81	NUM
cjal-3258	442	14	,	,	PUNCT
cjal-3258	442	15	at	at	ADP
cjal-3258	442	16	25	25	NUM
cjal-3258	442	17	.	.	PUNCT
cjal-3258	442	18	'	'	PUNCT
cjal-3258	443	1	1	1	NUM
cjal-3258	443	2	9	9	NUM
cjal-3258	443	3	e.g.	e.g.	X
cjal-3258	443	4	,	,	PUNCT
cjal-3258	443	5	im%	im%	PROPN
cjal-3258	443	6	*	*	NUM
cjal-3258	443	7	,	,	PUNCT
cjal-3258	443	8	)	)	PUNCT
cjal-3258	443	9	"	"	PUNCT
cjal-3258	443	10	n	n	X
cjal-3258	443	11	"	"	PUNCT
cjal-3258	443	12	tff	tff	NOUN
cjal-3258	443	13	"	"	PUNCT
cjal-3258	443	14	r	r	NOUN
cjal-3258	443	15	z'ah	z'ah	PROPN
cjal-3258	443	16	.	.	PUNCT
cjal-3258	444	1	l	l	X
cjal-3258	445	1	[	[	X
cjal-3258	445	2	-pm	-pm	X
cjal-3258	445	3	[	[	X
cjal-3258	445	4	xie	xie	PROPN
cjal-3258	445	5	maoshi	maoshi	PROPN
cjal-3258	445	6	,	,	PUNCT
cjal-3258	445	7	share	share	NOUN
cjal-3258	445	8	reform	reform	NOUN
cjal-3258	445	9	consideration	consideration	NOUN
cjal-3258	445	10	must	must	AUX
cjal-3258	445	11	not	not	PART
cjal-3258	445	12	end	end	VERB
cjal-3258	445	13	up	up	ADP
cjal-3258	445	14	as	as	ADP
cjal-3258	445	15	a	a	DET
cjal-3258	445	16	feast	feast	NOUN
cjal-3258	445	17	of	of	ADP
cjal-3258	445	18	state	state	NOUN
cjal-3258	445	19	-	-	PUNCT
cjal-3258	445	20	owned	own	VERB
cjal-3258	445	21	assets	asset	NOUN
cjal-3258	445	22	]	]	PUNCT
cjal-3258	445	23	,	,	PUNCT
cjal-3258	445	24	q	q	PROPN
cjal-3258	445	25	3	3	NUM
cjal-3258	445	26	m	m	NOUN
cjal-3258	445	27	if	if	SCONJ
cjal-3258	445	28	b441	b441	PROPN
cjal-3258	446	1	[	[	X
cjal-3258	446	2	china	china	PROPN
cjal-3258	446	3	econ	econ	PROPN
cjal-3258	446	4	.	.	PUNCT
cjal-3258	447	1	times	time	NOUN
cjal-3258	447	2	]	]	PUNCT
cjal-3258	447	3	,	,	PUNCT
cjal-3258	447	4	nov	nov	PROPN
cjal-3258	447	5	.	.	PROPN
cjal-3258	447	6	24	24	NUM
cjal-3258	447	7	,	,	PUNCT
cjal-3258	447	8	2005	2005	NUM
cjal-3258	447	9	,	,	PUNCT
cjal-3258	447	10	available	available	ADJ
cjal-3258	447	11	at	at	ADP
cjal-3258	447	12	http://www.cet.com.cn/20051124/focus/200511241.htm	http://www.cet.com.cn/20051124/focus/200511241.htm	PROPN
cjal-3258	447	13	;	;	PUNCT
cjal-3258	447	14	colloquium	colloquium	NOUN
cjal-3258	447	15	in	in	ADP
cjal-3258	447	16	comments	comment	NOUN
cjal-3258	447	17	,	,	PUNCT
cjal-3258	447	18	supra	supra	PROPN
cjal-3258	447	19	note	note	NOUN
cjal-3258	447	20	75	75	NUM
cjal-3258	447	21	,	,	PUNCT
cjal-3258	447	22	at	at	ADP
cjal-3258	447	23	134	134	NUM
cjal-3258	447	24	-	-	SYM
cjal-3258	447	25	135	135	NUM
cjal-3258	447	26	;	;	PUNCT
cjal-3258	447	27	luo	luo	PROPN
cjal-3258	447	28	,	,	PUNCT
cjal-3258	447	29	supra	supra	PROPN
cjal-3258	447	30	note	note	PROPN
cjal-3258	447	31	22	22	NUM
cjal-3258	447	32	,	,	PUNCT
cjal-3258	447	33	at	at	ADP
cjal-3258	447	34	19	19	NUM
cjal-3258	447	35	.	.	PUNCT
cjal-3258	448	1	110	110	NUM
cjal-3258	448	2	huang	huang	PROPN
cjal-3258	448	3	,	,	PUNCT
cjal-3258	448	4	supra	supra	PROPN
cjal-3258	448	5	note	note	PROPN
cjal-3258	448	6	19	19	NUM
cjal-3258	448	7	,	,	PUNCT
cjal-3258	448	8	at	at	ADP
cjal-3258	448	9	172	172	NUM
cjal-3258	448	10	.	.	PUNCT
cjal-3258	448	11	2006	2006	NUM
cjal-3258	448	12	]	]	PUNCT
cjal-3258	448	13	319	319	NUM
cjal-3258	448	14	columbia	columbia	PROPN
cjal-3258	448	15	journal	journal	PROPN
cjal-3258	448	16	of	of	ADP
cjal-3258	448	17	asian	asian	PROPN
cjal-3258	448	18	la	la	PROPN
cjal-3258	448	19	w	w	PROPN
cjal-3258	448	20	thus	thus	ADV
cjal-3258	448	21	,	,	PUNCT
cjal-3258	448	22	the	the	DET
cjal-3258	448	23	difference	difference	NOUN
cjal-3258	448	24	in	in	ADP
cjal-3258	448	25	price	price	NOUN
cjal-3258	448	26	between	between	ADP
cjal-3258	448	27	the	the	DET
cjal-3258	448	28	tradable	tradable	ADJ
cjal-3258	448	29	and	and	CCONJ
cjal-3258	448	30	non	non	ADJ
cjal-3258	448	31	-	-	ADJ
cjal-3258	448	32	tradable	tradable	ADJ
cjal-3258	448	33	shares	share	NOUN
cjal-3258	448	34	is	be	AUX
cjal-3258	448	35	easily	easily	ADV
cjal-3258	448	36	explainable	explainable	ADJ
cjal-3258	448	37	from	from	ADP
cjal-3258	448	38	the	the	DET
cjal-3258	448	39	legal	legal	ADJ
cjal-3258	448	40	point	point	NOUN
cjal-3258	448	41	of	of	ADP
cjal-3258	448	42	view	view	NOUN
cjal-3258	448	43	.	.	PUNCT
cjal-3258	449	1	'11	'11	NUM
cjal-3258	449	2	after	after	ADV
cjal-3258	449	3	all	all	ADV
cjal-3258	449	4	,	,	PUNCT
cjal-3258	449	5	the	the	DET
cjal-3258	449	6	socalled	socalled	ADJ
cjal-3258	449	7	benefit	benefit	NOUN
cjal-3258	449	8	from	from	ADP
cjal-3258	449	9	the	the	DET
cjal-3258	449	10	above	above	ADP
cjal-3258	449	11	-	-	PUNCT
cjal-3258	449	12	par	par	NOUN
cjal-3258	449	13	price	price	NOUN
cjal-3258	449	14	did	do	AUX
cjal-3258	449	15	come	come	VERB
cjal-3258	449	16	at	at	ADP
cjal-3258	449	17	a	a	DET
cjal-3258	449	18	cost	cost	NOUN
cjal-3258	449	19	to	to	ADP
cjal-3258	449	20	the	the	DET
cjal-3258	449	21	nontradable	nontradable	ADJ
cjal-3258	449	22	shareholders	shareholder	NOUN
cjal-3258	449	23	in	in	ADP
cjal-3258	449	24	the	the	DET
cjal-3258	449	25	form	form	NOUN
cjal-3258	449	26	of	of	ADP
cjal-3258	449	27	opportunity	opportunity	NOUN
cjal-3258	449	28	costs	cost	NOUN
cjal-3258	449	29	,	,	PUNCT
cjal-3258	449	30	liquidity	liquidity	NOUN
cjal-3258	449	31	and	and	CCONJ
cjal-3258	449	32	additional	additional	ADJ
cjal-3258	449	33	risk	risk	NOUN
cjal-3258	449	34	.	.	PUNCT
cjal-3258	450	1	in	in	ADP
cjal-3258	450	2	any	any	DET
cjal-3258	450	3	case	case	NOUN
cjal-3258	450	4	,	,	PUNCT
cjal-3258	450	5	emotional	emotional	ADJ
cjal-3258	450	6	sentiments	sentiment	NOUN
cjal-3258	450	7	of	of	ADP
cjal-3258	450	8	justice	justice	NOUN
cjal-3258	450	9	should	should	AUX
cjal-3258	450	10	not	not	PART
cjal-3258	450	11	overshadow	overshadow	VERB
cjal-3258	450	12	legal	legal	ADJ
cjal-3258	450	13	analysis	analysis	NOUN
cjal-3258	450	14	and	and	CCONJ
cjal-3258	450	15	can	can	AUX
cjal-3258	450	16	not	not	PART
cjal-3258	450	17	mask	mask	VERB
cjal-3258	450	18	its	its	PRON
cjal-3258	450	19	deficiencies	deficiency	NOUN
cjal-3258	450	20	.	.	PUNCT
cjal-3258	451	1	b.	b.	PROPN
cjal-3258	451	2	public	public	ADJ
cjal-3258	451	3	law	law	NOUN
cjal-3258	451	4	remedies	remedy	VERB
cjal-3258	451	5	arguably	arguably	ADV
cjal-3258	451	6	,	,	PUNCT
cjal-3258	451	7	the	the	DET
cjal-3258	451	8	chinese	chinese	ADJ
cjal-3258	451	9	regulatory	regulatory	ADJ
cjal-3258	451	10	authorities	authority	NOUN
cjal-3258	451	11	are	be	AUX
cjal-3258	451	12	the	the	DET
cjal-3258	451	13	cause	cause	NOUN
cjal-3258	451	14	of	of	ADP
cjal-3258	451	15	the	the	DET
cjal-3258	451	16	tradable	tradable	ADJ
cjal-3258	451	17	shareholders	shareholder	NOUN
cjal-3258	451	18	'	'	PART
cjal-3258	451	19	loss	loss	NOUN
cjal-3258	451	20	.	.	PUNCT
cjal-3258	452	1	having	having	AUX
cjal-3258	452	2	shown	show	VERB
cjal-3258	452	3	that	that	SCONJ
cjal-3258	452	4	the	the	DET
cjal-3258	452	5	private	private	ADJ
cjal-3258	452	6	law	law	NOUN
cjal-3258	452	7	remedies	remedy	NOUN
cjal-3258	452	8	fail	fail	VERB
cjal-3258	452	9	to	to	PART
cjal-3258	452	10	provide	provide	VERB
cjal-3258	452	11	a	a	DET
cjal-3258	452	12	satisfactory	satisfactory	ADJ
cjal-3258	452	13	legal	legal	ADJ
cjal-3258	452	14	basis	basis	NOUN
cjal-3258	452	15	for	for	ADP
cjal-3258	452	16	the	the	DET
cjal-3258	452	17	payment	payment	NOUN
cjal-3258	452	18	of	of	ADP
cjal-3258	452	19	compensation	compensation	NOUN
cjal-3258	452	20	,	,	PUNCT
cjal-3258	452	21	we	we	PRON
cjal-3258	452	22	now	now	ADV
cjal-3258	452	23	explore	explore	VERB
cjal-3258	452	24	the	the	DET
cjal-3258	452	25	possibility	possibility	NOUN
cjal-3258	452	26	of	of	ADP
cjal-3258	452	27	using	use	VERB
cjal-3258	452	28	public	public	ADJ
cjal-3258	452	29	law	law	NOUN
cjal-3258	452	30	remedies	remedy	NOUN
cjal-3258	452	31	against	against	ADP
cjal-3258	452	32	the	the	DET
cjal-3258	452	33	chinese	chinese	ADJ
cjal-3258	452	34	regulatory	regulatory	ADJ
cjal-3258	452	35	authorities	authority	NOUN
cjal-3258	452	36	.	.	PUNCT
cjal-3258	453	1	'1	'1	X
cjal-3258	453	2	2	2	NUM
cjal-3258	453	3	we	we	PRON
cjal-3258	453	4	first	first	ADV
cjal-3258	453	5	examine	examine	VERB
cjal-3258	453	6	the	the	DET
cjal-3258	453	7	scope	scope	NOUN
cjal-3258	453	8	of	of	ADP
cjal-3258	453	9	judicial	judicial	ADJ
cjal-3258	453	10	review	review	NOUN
cjal-3258	453	11	under	under	ADP
cjal-3258	453	12	chinese	chinese	ADJ
cjal-3258	453	13	administrative	administrative	ADJ
cjal-3258	453	14	law	law	NOUN
cjal-3258	453	15	and	and	CCONJ
cjal-3258	453	16	then	then	ADV
cjal-3258	453	17	analyze	analyze	VERB
cjal-3258	453	18	the	the	DET
cjal-3258	453	19	applicable	applicable	ADJ
cjal-3258	453	20	substantive	substantive	ADJ
cjal-3258	453	21	law	law	NOUN
cjal-3258	453	22	.	.	PUNCT
cjal-3258	454	1	here	here	ADV
cjal-3258	454	2	,	,	PUNCT
cjal-3258	454	3	we	we	PRON
cjal-3258	454	4	also	also	ADV
cjal-3258	454	5	use	use	VERB
cjal-3258	454	6	the	the	DET
cjal-3258	454	7	latest	late	ADJ
cjal-3258	454	8	u.s	u.s	PROPN
cjal-3258	454	9	.	.	PROPN
cjal-3258	454	10	doctrine	doctrine	NOUN
cjal-3258	454	11	of	of	ADP
cjal-3258	454	12	regulatory	regulatory	ADJ
cjal-3258	454	13	takings	taking	NOUN
cjal-3258	454	14	enunciated	enunciate	VERB
cjal-3258	454	15	in	in	ADP
cjal-3258	454	16	lingle	lingle	NOUN
cjal-3258	454	17	v.	v.	ADP
cjal-3258	454	18	chevron113	chevron113	PROPN
cjal-3258	454	19	as	as	ADP
cjal-3258	454	20	a	a	DET
cjal-3258	454	21	theoretical	theoretical	ADJ
cjal-3258	454	22	legal	legal	ADJ
cjal-3258	454	23	basis	basis	NOUN
cjal-3258	454	24	.	.	PUNCT
cjal-3258	455	1	however	however	ADV
cjal-3258	455	2	,	,	PUNCT
cjal-3258	455	3	we	we	PRON
cjal-3258	455	4	show	show	VERB
cjal-3258	455	5	that	that	SCONJ
cjal-3258	455	6	even	even	ADV
cjal-3258	455	7	the	the	DET
cjal-3258	455	8	more	more	ADV
cjal-3258	455	9	developed	develop	VERB
cjal-3258	455	10	u.s	u.s	PROPN
cjal-3258	455	11	.	.	PROPN
cjal-3258	455	12	doctrine	doctrine	NOUN
cjal-3258	455	13	fails	fail	VERB
cjal-3258	455	14	to	to	PART
cjal-3258	455	15	provide	provide	VERB
cjal-3258	455	16	a	a	DET
cjal-3258	455	17	satisfactory	satisfactory	ADJ
cjal-3258	455	18	legal	legal	ADJ
cjal-3258	455	19	basis	basis	NOUN
cjal-3258	455	20	.	.	PUNCT
cjal-3258	456	1	1	1	X
cjal-3258	456	2	.	.	X
cjal-3258	456	3	scope	scope	NOUN
cjal-3258	456	4	of	of	ADP
cjal-3258	456	5	judicial	judicial	ADJ
cjal-3258	456	6	review	review	NOUN
cjal-3258	456	7	public	public	ADJ
cjal-3258	456	8	law	law	NOUN
cjal-3258	456	9	in	in	ADP
cjal-3258	456	10	china	china	PROPN
cjal-3258	456	11	is	be	AUX
cjal-3258	456	12	still	still	ADV
cjal-3258	456	13	in	in	ADP
cjal-3258	456	14	its	its	PRON
cjal-3258	456	15	infancy	infancy	NOUN
cjal-3258	456	16	,	,	PUNCT
cjal-3258	456	17	having	having	AUX
cjal-3258	456	18	only	only	ADV
cjal-3258	456	19	begun	begin	VERB
cjal-3258	456	20	to	to	PART
cjal-3258	456	21	develop	develop	VERB
cjal-3258	456	22	in	in	ADP
cjal-3258	456	23	the	the	DET
cjal-3258	456	24	1990s	1990s	NUM
cjal-3258	456	25	.	.	PUNCT
cjal-3258	457	1	the	the	DET
cjal-3258	457	2	main	main	ADJ
cjal-3258	457	3	obstacle	obstacle	NOUN
cjal-3258	457	4	for	for	ADP
cjal-3258	457	5	seeking	seek	VERB
cjal-3258	457	6	public	public	ADJ
cjal-3258	457	7	law	law	NOUN
cjal-3258	457	8	remedies	remedy	NOUN
cjal-3258	457	9	is	be	AUX
cjal-3258	457	10	that	that	SCONJ
cjal-3258	457	11	section	section	NOUN
cjal-3258	457	12	12(2	12(2	NUM
cjal-3258	457	13	)	)	PUNCT
cjal-3258	457	14	of	of	ADP
cjal-3258	457	15	the	the	DET
cjal-3258	457	16	administrative	administrative	ADJ
cjal-3258	457	17	litigation	litigation	PROPN
cjal-3258	457	18	law	law	PROPN
cjal-3258	457	19	1	1	NUM
cjal-3258	457	20	4	4	NUM
cjal-3258	457	21	expressly	expressly	ADV
cjal-3258	457	22	excludes	exclude	VERB
cjal-3258	457	23	any	any	DET
cjal-3258	457	24	administrative	administrative	ADJ
cjal-3258	457	25	regulations	regulation	NOUN
cjal-3258	457	26	,	,	PUNCT
cjal-3258	457	27	provisions	provision	NOUN
cjal-3258	457	28	or	or	CCONJ
cjal-3258	457	29	decisions	decision	NOUN
cjal-3258	457	30	of	of	ADP
cjal-3258	457	31	nonspecific	nonspecific	ADJ
cjal-3258	457	32	application	application	NOUN
cjal-3258	457	33	from	from	ADP
cjal-3258	457	34	legal	legal	ADJ
cjal-3258	457	35	challenges	challenge	NOUN
cjal-3258	457	36	.	.	PUNCT
cjal-3258	458	1	the	the	DET
cjal-3258	458	2	supreme	supreme	PROPN
cjal-3258	458	3	people	people	PROPN
cjal-3258	458	4	's	's	PART
cjal-3258	458	5	court	court	NOUN
cjal-3258	458	6	of	of	ADP
cjal-3258	458	7	the	the	DET
cjal-3258	458	8	people	people	NOUN
cjal-3258	458	9	's	's	PART
cjal-3258	458	10	republic	republic	NOUN
cjal-3258	458	11	of	of	ADP
cjal-3258	458	12	china	china	PROPN
cjal-3258	458	13	also	also	ADV
cjal-3258	458	14	issued	issue	VERB
cjal-3258	458	15	a	a	DET
cjal-3258	458	16	legislative	legislative	ADJ
cjal-3258	458	17	...	...	PUNCT
cjal-3258	458	18	9	9	NUM
cjal-3258	458	19	9	9	NUM
cjal-3258	458	20	,	,	PUNCT
cjal-3258	458	21	)	)	PUNCT
cjal-3258	458	22	r	r	NOUN
cjal-3258	458	23	jt	jt	PROPN
cjal-3258	458	24	1	1	NUM
cjal-3258	458	25	*	*	PUNCT
cjal-3258	459	1	[	[	X
cjal-3258	459	2	zheng	zheng	PROPN
cjal-3258	459	3	hong	hong	PROPN
cjal-3258	459	4	,	,	PUNCT
cjal-3258	459	5	split	split	VERB
cjal-3258	459	6	share	share	NOUN
cjal-3258	459	7	structure	structure	NOUN
cjal-3258	459	8	reform	reform	NOUN
cjal-3258	459	9	needs	need	VERB
cjal-3258	459	10	a	a	DET
cjal-3258	459	11	clear	clear	ADJ
cjal-3258	459	12	conceptual	conceptual	ADJ
cjal-3258	459	13	basis	basis	NOUN
cjal-3258	459	14	]	]	X
cjal-3258	459	15	,	,	PUNCT
cjal-3258	459	16	4	4	NUM
cjal-3258	459	17	f	f	NOUN
cjal-3258	459	18	xat	xat	PROPN
cjal-3258	459	19	tz	tz	PROPN
cjal-3258	459	20	*	*	PUNCT
cjal-3258	460	1	[	[	X
cjal-3258	460	2	the	the	DET
cjal-3258	460	3	econ	econ	NOUN
cjal-3258	460	4	.	.	PUNCT
cjal-3258	461	1	observer	observer	PROPN
cjal-3258	461	2	]	]	X
cjal-3258	461	3	,	,	PUNCT
cjal-3258	461	4	june	june	PROPN
cjal-3258	461	5	4	4	NUM
cjal-3258	461	6	,	,	PUNCT
cjal-3258	461	7	2005	2005	NUM
cjal-3258	461	8	,	,	PUNCT
cjal-3258	461	9	available	available	ADJ
cjal-3258	461	10	at	at	ADP
cjal-3258	461	11	http://www.civillaw.com.cn/weizhang/default.asp?id=22220	http://www.civillaw.com.cn/weizhang/default.asp?id=22220	PROPN
cjal-3258	461	12	.	.	PROPN
cjal-3258	461	13	112	112	NUM
cjal-3258	461	14	for	for	ADP
cjal-3258	461	15	our	our	PRON
cjal-3258	461	16	purposes	purpose	NOUN
cjal-3258	461	17	,	,	PUNCT
cjal-3258	461	18	we	we	PRON
cjal-3258	461	19	do	do	AUX
cjal-3258	461	20	not	not	PART
cjal-3258	461	21	attempt	attempt	VERB
cjal-3258	461	22	to	to	PART
cjal-3258	461	23	add	add	VERB
cjal-3258	461	24	to	to	ADP
cjal-3258	461	25	the	the	DET
cjal-3258	461	26	extensive	extensive	ADJ
cjal-3258	461	27	debate	debate	NOUN
cjal-3258	461	28	on	on	ADP
cjal-3258	461	29	the	the	DET
cjal-3258	461	30	public	public	ADJ
cjal-3258	461	31	-	-	PUNCT
cjal-3258	461	32	private	private	ADJ
cjal-3258	461	33	distinction	distinction	NOUN
cjal-3258	461	34	.	.	PUNCT
cjal-3258	462	1	we	we	PRON
cjal-3258	462	2	are	be	AUX
cjal-3258	462	3	more	more	ADV
cjal-3258	462	4	concerned	concerned	ADJ
cjal-3258	462	5	about	about	ADP
cjal-3258	462	6	whether	whether	SCONJ
cjal-3258	462	7	the	the	DET
cjal-3258	462	8	tradable	tradable	ADJ
cjal-3258	462	9	shareholders	shareholder	NOUN
cjal-3258	462	10	have	have	AUX
cjal-3258	462	11	any	any	DET
cjal-3258	462	12	available	available	ADJ
cjal-3258	462	13	legal	legal	ADJ
cjal-3258	462	14	remedies	remedy	NOUN
cjal-3258	462	15	or	or	CCONJ
cjal-3258	462	16	rights	right	NOUN
cjal-3258	462	17	for	for	ADP
cjal-3258	462	18	compensation	compensation	NOUN
cjal-3258	462	19	.	.	PUNCT
cjal-3258	463	1	hence	hence	ADV
cjal-3258	463	2	,	,	PUNCT
cjal-3258	463	3	public	public	ADJ
cjal-3258	463	4	law	law	NOUN
cjal-3258	463	5	here	here	ADV
cjal-3258	463	6	simply	simply	ADV
cjal-3258	463	7	refers	refer	VERB
cjal-3258	463	8	to	to	ADP
cjal-3258	463	9	the	the	DET
cjal-3258	463	10	available	available	ADJ
cjal-3258	463	11	legal	legal	ADJ
cjal-3258	463	12	remedies	remedy	NOUN
cjal-3258	463	13	against	against	ADP
cjal-3258	463	14	public	public	ADJ
cjal-3258	463	15	entities	entity	NOUN
cjal-3258	463	16	.	.	PUNCT
cjal-3258	464	1	"	"	PUNCT
cjal-3258	464	2	i	i	PRON
cjal-3258	464	3	'	'	PART
cjal-3258	464	4	544	544	NUM
cjal-3258	464	5	u.s	u.s	PROPN
cjal-3258	464	6	.	.	PROPN
cjal-3258	464	7	528	528	NUM
cjal-3258	464	8	(	(	PUNCT
cjal-3258	464	9	2005	2005	NUM
cjal-3258	464	10	)	)	PUNCT
cjal-3258	464	11	.	.	PUNCT
cjal-3258	465	1	"	"	PUNCT
cjal-3258	465	2	14	14	NUM
cjal-3258	465	3	iiift	iiift	NOUN
cjal-3258	465	4	,	,	PUNCT
cjal-3258	465	5	i	i	PRON
cjal-3258	466	1	[	[	X
cjal-3258	466	2	administrative	administrative	ADJ
cjal-3258	466	3	litigation	litigation	NOUN
cjal-3258	466	4	law	law	NOUN
cjal-3258	466	5	of	of	ADP
cjal-3258	466	6	the	the	DET
cjal-3258	466	7	people	people	NOUN
cjal-3258	466	8	's	's	PART
cjal-3258	466	9	republic	republic	NOUN
cjal-3258	466	10	of	of	ADP
cjal-3258	466	11	china	china	PROPN
cjal-3258	466	12	]	]	PUNCT
cjal-3258	466	13	(	(	PUNCT
cjal-3258	466	14	promulgated	promulgate	VERB
cjal-3258	466	15	by	by	ADP
cjal-3258	466	16	the	the	DET
cjal-3258	466	17	standing	standing	NOUN
cjal-3258	466	18	comm	comm	NOUN
cjal-3258	466	19	.	.	PUNCT
cjal-3258	467	1	nat'l	nat'l	NOUN
cjal-3258	467	2	people	people	NOUN
cjal-3258	467	3	's	's	PART
cjal-3258	467	4	cong	cong	NOUN
cjal-3258	467	5	.	.	PROPN
cjal-3258	467	6	,	,	PUNCT
cjal-3258	467	7	apr	apr	PROPN
cjal-3258	467	8	.	.	PROPN
cjal-3258	467	9	4	4	NUM
cjal-3258	467	10	,	,	PUNCT
cjal-3258	467	11	1989	1989	NUM
cjal-3258	467	12	,	,	PUNCT
cjal-3258	467	13	effective	effective	ADJ
cjal-3258	467	14	oct	oct	PROPN
cjal-3258	467	15	.	.	PROPN
cjal-3258	467	16	1	1	NUM
cjal-3258	467	17	,	,	PUNCT
cjal-3258	467	18	1990	1990	NUM
cjal-3258	467	19	)	)	PUNCT
cjal-3258	467	20	,	,	PUNCT
cjal-3258	467	21	translated	translate	VERB
cjal-3258	467	22	in	in	ADP
cjal-3258	467	23	chinalawinfo	chinalawinfo	NOUN
cjal-3258	467	24	(	(	PUNCT
cjal-3258	467	25	lexis	lexis	NOUN
cjal-3258	467	26	)	)	PUNCT
cjal-3258	467	27	prcleg	prcleg	NOUN
cjal-3258	467	28	1204	1204	NUM
cjal-3258	467	29	.	.	PUNCT
cjal-3258	468	1	while	while	SCONJ
cjal-3258	468	2	the	the	DET
cjal-3258	468	3	spc	spc	PROPN
cjal-3258	468	4	gazette	gazette	PROPN
cjal-3258	468	5	translates	translate	VERB
cjal-3258	468	6	this	this	DET
cjal-3258	468	7	law	law	NOUN
cjal-3258	468	8	as	as	ADP
cjal-3258	468	9	the	the	DET
cjal-3258	468	10	administrative	administrative	ADJ
cjal-3258	468	11	procedure	procedure	NOUN
cjal-3258	468	12	law	law	NOUN
cjal-3258	468	13	,	,	PUNCT
cjal-3258	468	14	we	we	PRON
cjal-3258	468	15	choose	choose	VERB
cjal-3258	468	16	to	to	PART
cjal-3258	468	17	translate	translate	VERB
cjal-3258	468	18	it	it	PRON
cjal-3258	468	19	in	in	ADP
cjal-3258	468	20	this	this	DET
cjal-3258	468	21	way	way	NOUN
cjal-3258	468	22	to	to	PART
cjal-3258	468	23	draw	draw	VERB
cjal-3258	468	24	a	a	DET
cjal-3258	468	25	distinction	distinction	NOUN
cjal-3258	468	26	between	between	ADP
cjal-3258	468	27	it	it	PRON
cjal-3258	468	28	and	and	CCONJ
cjal-3258	468	29	the	the	DET
cjal-3258	468	30	proposed	propose	VERB
cjal-3258	468	31	administrative	administrative	ADJ
cjal-3258	468	32	procedure	procedure	NOUN
cjal-3258	468	33	law	law	NOUN
cjal-3258	469	1	[	[	X
cjal-3258	469	2	itan)t'y	itan)t'y	NOUN
cjal-3258	469	3	i.	i.	NOUN
cjal-3258	470	1	[	[	X
cjal-3258	470	2	20:1320	20:1320	NUM
cjal-3258	470	3	regula	regula	NOUN
cjal-3258	470	4	tory	tory	NOUN
cjal-3258	470	5	gi	gi	VERB
cjal-3258	470	6	vings	ving	NOUN
cjal-3258	470	7	in	in	ADP
cjal-3258	470	8	china	china	PROPN
cjal-3258	470	9	interpretation	interpretation	PROPN
cjal-3258	470	10	115	115	NUM
cjal-3258	470	11	which	which	PRON
cjal-3258	470	12	explains	explain	VERB
cjal-3258	470	13	that	that	SCONJ
cjal-3258	470	14	"	"	PUNCT
cjal-3258	470	15	decisions	decision	NOUN
cjal-3258	470	16	of	of	ADP
cjal-3258	470	17	non	non	ADJ
cjal-3258	470	18	-	-	ADJ
cjal-3258	470	19	specific	specific	ADJ
cjal-3258	470	20	application	application	NOUN
cjal-3258	470	21	"	"	PUNCT
cjal-3258	470	22	refers	refer	VERB
cjal-3258	470	23	to	to	ADP
cjal-3258	470	24	the	the	DET
cjal-3258	470	25	administrative	administrative	ADJ
cjal-3258	470	26	regulatory	regulatory	ADJ
cjal-3258	470	27	documents	document	NOUN
cjal-3258	470	28	issued	issue	VERB
cjal-3258	470	29	by	by	ADP
cjal-3258	470	30	the	the	DET
cjal-3258	470	31	administrative	administrative	ADJ
cjal-3258	470	32	organization	organization	NOUN
cjal-3258	470	33	that	that	PRON
cjal-3258	470	34	are	be	AUX
cjal-3258	470	35	repeatedly	repeatedly	ADV
cjal-3258	470	36	applicable	applicable	ADJ
cjal-3258	470	37	to	to	ADP
cjal-3258	470	38	nonspecific	nonspecific	ADJ
cjal-3258	470	39	targets	target	NOUN
cjal-3258	470	40	.	.	PUNCT
cjal-3258	471	1	the	the	DET
cjal-3258	471	2	courts	court	NOUN
cjal-3258	471	3	are	be	AUX
cjal-3258	471	4	supposed	suppose	VERB
cjal-3258	471	5	to	to	PART
cjal-3258	471	6	submit	submit	VERB
cjal-3258	471	7	a	a	DET
cjal-3258	471	8	written	write	VERB
cjal-3258	471	9	request	request	NOUN
cjal-3258	471	10	to	to	ADP
cjal-3258	471	11	the	the	DET
cjal-3258	471	12	national	national	PROPN
cjal-3258	471	13	people	people	NOUN
cjal-3258	471	14	's	's	PART
cjal-3258	471	15	congress	congress	PROPN
cjal-3258	471	16	standing	standing	PROPN
cjal-3258	471	17	committee	committee	PROPN
cjal-3258	471	18	for	for	ADP
cjal-3258	471	19	review	review	NOUN
cjal-3258	471	20	of	of	ADP
cjal-3258	471	21	any	any	DET
cjal-3258	471	22	regulations	regulation	NOUN
cjal-3258	471	23	that	that	PRON
cjal-3258	471	24	may	may	AUX
cjal-3258	471	25	be	be	AUX
cjal-3258	471	26	contrary	contrary	ADJ
cjal-3258	471	27	to	to	ADP
cjal-3258	471	28	the	the	DET
cjal-3258	471	29	constitution	constitution	NOUN
cjal-3258	471	30	or	or	CCONJ
cjal-3258	471	31	laws.16	laws.16	PROPN
cjal-3258	471	32	there	there	PRON
cjal-3258	471	33	are	be	VERB
cjal-3258	471	34	three	three	NUM
cjal-3258	471	35	reasons	reason	NOUN
cjal-3258	471	36	for	for	ADP
cjal-3258	471	37	excluding	exclude	VERB
cjal-3258	471	38	"	"	PUNCT
cjal-3258	471	39	non	non	ADJ
cjal-3258	471	40	-	-	ADJ
cjal-3258	471	41	specific	specific	ADJ
cjal-3258	471	42	administrative	administrative	ADJ
cjal-3258	471	43	actions	action	NOUN
cjal-3258	471	44	"	"	PUNCT
cjal-3258	471	45	from	from	ADP
cjal-3258	471	46	judicial	judicial	ADJ
cjal-3258	471	47	review	review	NOUN
cjal-3258	471	48	.	.	PUNCT
cjal-3258	472	1	117	117	NUM
cjal-3258	472	2	first	first	ADV
cjal-3258	472	3	,	,	PUNCT
cjal-3258	472	4	it	it	PRON
cjal-3258	472	5	is	be	AUX
cjal-3258	472	6	inappropriate	inappropriate	ADJ
cjal-3258	472	7	to	to	PART
cjal-3258	472	8	have	have	VERB
cjal-3258	472	9	an	an	DET
cjal-3258	472	10	excessively	excessively	ADV
cjal-3258	472	11	wide	wide	ADJ
cjal-3258	472	12	scope	scope	NOUN
cjal-3258	472	13	of	of	ADP
cjal-3258	472	14	review	review	NOUN
cjal-3258	472	15	at	at	ADP
cjal-3258	472	16	the	the	DET
cjal-3258	472	17	initial	initial	ADJ
cjal-3258	472	18	stage	stage	NOUN
cjal-3258	472	19	.	.	PUNCT
cjal-3258	473	1	second	second	ADJ
cjal-3258	473	2	,	,	PUNCT
cjal-3258	473	3	according	accord	VERB
cjal-3258	473	4	the	the	DET
cjal-3258	473	5	china	china	PROPN
cjal-3258	473	6	's	's	PART
cjal-3258	473	7	political	political	ADJ
cjal-3258	473	8	structure	structure	NOUN
cjal-3258	473	9	,	,	PUNCT
cjal-3258	473	10	it	it	PRON
cjal-3258	473	11	is	be	AUX
cjal-3258	473	12	the	the	DET
cjal-3258	473	13	state	state	NOUN
cjal-3258	473	14	authority	authority	NOUN
cjal-3258	473	15	and	and	CCONJ
cjal-3258	473	16	superior	superior	ADJ
cjal-3258	473	17	organization	organization	NOUN
cjal-3258	473	18	,	,	PUNCT
cjal-3258	473	19	and	and	CCONJ
cjal-3258	473	20	not	not	PART
cjal-3258	473	21	the	the	DET
cjal-3258	473	22	courts	court	NOUN
cjal-3258	473	23	,	,	PUNCT
cjal-3258	473	24	that	that	PRON
cjal-3258	473	25	have	have	VERB
cjal-3258	473	26	the	the	DET
cjal-3258	473	27	jurisdiction	jurisdiction	NOUN
cjal-3258	473	28	to	to	PART
cjal-3258	473	29	review	review	VERB
cjal-3258	473	30	nonspecific	nonspecific	ADJ
cjal-3258	473	31	administrative	administrative	ADJ
cjal-3258	473	32	actions	action	NOUN
cjal-3258	473	33	.	.	PUNCT
cjal-3258	474	1	third	third	ADJ
cjal-3258	474	2	,	,	PUNCT
cjal-3258	474	3	non	non	ADJ
cjal-3258	474	4	-	-	ADJ
cjal-3258	474	5	specific	specific	ADJ
cjal-3258	474	6	administrative	administrative	ADJ
cjal-3258	474	7	actions	action	NOUN
cjal-3258	474	8	generally	generally	ADV
cjal-3258	474	9	do	do	AUX
cjal-3258	474	10	not	not	PART
cjal-3258	474	11	directly	directly	ADV
cjal-3258	474	12	infringe	infringe	VERB
cjal-3258	474	13	on	on	ADP
cjal-3258	474	14	the	the	DET
cjal-3258	474	15	legal	legal	ADJ
cjal-3258	474	16	rights	right	NOUN
cjal-3258	474	17	and	and	CCONJ
cjal-3258	474	18	interests	interest	NOUN
cjal-3258	474	19	of	of	ADP
cjal-3258	474	20	the	the	DET
cjal-3258	474	21	parties	party	NOUN
cjal-3258	474	22	.	.	PUNCT
cjal-3258	475	1	this	this	DET
cjal-3258	475	2	exclusion	exclusion	NOUN
cjal-3258	475	3	,	,	PUNCT
cjal-3258	475	4	especially	especially	ADV
cjal-3258	475	5	that	that	SCONJ
cjal-3258	475	6	given	give	VERB
cjal-3258	475	7	by	by	ADP
cjal-3258	475	8	judicial	judicial	ADJ
cjal-3258	475	9	interpretation	interpretation	NOUN
cjal-3258	475	10	,	,	PUNCT
cjal-3258	475	11	has	have	AUX
cjal-3258	475	12	been	be	AUX
cjal-3258	475	13	criticized	criticize	VERB
cjal-3258	475	14	by	by	ADP
cjal-3258	475	15	scholars	scholar	NOUN
cjal-3258	475	16	as	as	ADP
cjal-3258	475	17	being	be	AUX
cjal-3258	475	18	inappropriate	inappropriate	ADJ
cjal-3258	475	19	and	and	CCONJ
cjal-3258	475	20	outdated	outdated	ADJ
cjal-3258	475	21	in	in	ADP
cjal-3258	475	22	light	light	NOUN
cjal-3258	475	23	of	of	ADP
cjal-3258	475	24	the	the	DET
cjal-3258	475	25	institutional	institutional	ADJ
cjal-3258	475	26	basis	basis	NOUN
cjal-3258	475	27	and	and	CCONJ
cjal-3258	475	28	practical	practical	ADJ
cjal-3258	475	29	need	need	NOUN
cjal-3258	475	30	for	for	ADP
cjal-3258	475	31	review	review	NOUN
cjal-3258	475	32	.	.	PUNCT
cjal-3258	475	33	"	"	PUNCT
cjal-3258	476	1	1	1	NUM
cjal-3258	476	2	8	8	NUM
cjal-3258	476	3	the	the	DET
cjal-3258	476	4	aforementioned	aforementioned	ADJ
cjal-3258	476	5	interpretation	interpretation	NOUN
cjal-3258	476	6	by	by	ADP
cjal-3258	476	7	the	the	DET
cjal-3258	476	8	supreme	supreme	PROPN
cjal-3258	476	9	people	people	PROPN
cjal-3258	476	10	's	's	PART
cjal-3258	476	11	court	court	NOUN
cjal-3258	476	12	gives	give	VERB
cjal-3258	476	13	rise	rise	NOUN
cjal-3258	476	14	to	to	ADP
cjal-3258	476	15	another	another	DET
cjal-3258	476	16	difficulty	difficulty	NOUN
cjal-3258	476	17	:	:	PUNCT
cjal-3258	476	18	section	section	NOUN
cjal-3258	476	19	1	1	NUM
cjal-3258	476	20	also	also	ADV
cjal-3258	476	21	excludes	exclude	VERB
cjal-3258	476	22	"	"	PUNCT
cjal-3258	476	23	non	non	ADJ
cjal-3258	476	24	-	-	ADJ
cjal-3258	476	25	mandatory	mandatory	ADJ
cjal-3258	476	26	administrative	administrative	ADJ
cjal-3258	476	27	guidelines	guideline	NOUN
cjal-3258	476	28	"	"	PUNCT
cjal-3258	476	29	from	from	ADP
cjal-3258	476	30	judicial	judicial	ADJ
cjal-3258	476	31	review	review	NOUN
cjal-3258	476	32	.	.	PUNCT
cjal-3258	477	1	this	this	PRON
cjal-3258	477	2	could	could	AUX
cjal-3258	477	3	be	be	AUX
cjal-3258	477	4	problematic	problematic	ADJ
cjal-3258	477	5	for	for	ADP
cjal-3258	477	6	tradable	tradable	ADJ
cjal-3258	477	7	shareholders	shareholder	NOUN
cjal-3258	477	8	as	as	ADP
cjal-3258	477	9	the	the	DET
cjal-3258	477	10	nature	nature	NOUN
cjal-3258	477	11	of	of	ADP
cjal-3258	477	12	the	the	DET
cjal-3258	477	13	split	split	ADJ
cjal-3258	477	14	share	share	NOUN
cjal-3258	477	15	structure	structure	NOUN
cjal-3258	477	16	reform	reform	NOUN
cjal-3258	477	17	is	be	AUX
cjal-3258	477	18	policy	policy	NOUN
cjal-3258	477	19	-	-	PUNCT
cjal-3258	477	20	based	base	VERB
cjal-3258	477	21	and	and	CCONJ
cjal-3258	477	22	many	many	ADJ
cjal-3258	477	23	of	of	ADP
cjal-3258	477	24	the	the	DET
cjal-3258	477	25	relevant	relevant	ADJ
cjal-3258	477	26	"	"	PUNCT
cjal-3258	477	27	provisions	provision	NOUN
cjal-3258	477	28	"	"	PUNCT
cjal-3258	477	29	are	be	AUX
cjal-3258	477	30	in	in	ADP
cjal-3258	477	31	reality	reality	NOUN
cjal-3258	477	32	only	only	ADV
cjal-3258	477	33	guidelines	guideline	NOUN
cjal-3258	477	34	.	.	PUNCT
cjal-3258	478	1	scholars	scholar	NOUN
cjal-3258	478	2	recognize	recognize	VERB
cjal-3258	478	3	that	that	SCONJ
cjal-3258	478	4	such	such	ADJ
cjal-3258	478	5	non	non	ADJ
cjal-3258	478	6	-	-	ADJ
cjal-3258	478	7	mandatory	mandatory	ADJ
cjal-3258	478	8	administrative	administrative	ADJ
cjal-3258	478	9	guidelines	guideline	NOUN
cjal-3258	478	10	are	be	AUX
cjal-3258	478	11	becoming	become	VERB
cjal-3258	478	12	increasingly	increasingly	ADV
cjal-3258	478	13	common	common	ADJ
cjal-3258	478	14	and	and	CCONJ
cjal-3258	478	15	have	have	VERB
cjal-3258	478	16	very	very	ADV
cjal-3258	478	17	real	real	ADJ
cjal-3258	478	18	implications	implication	NOUN
cjal-3258	478	19	on	on	ADP
cjal-3258	478	20	the	the	DET
cjal-3258	478	21	rights	right	NOUN
cjal-3258	478	22	and	and	CCONJ
cjal-3258	478	23	interests	interest	NOUN
cjal-3258	478	24	of	of	ADP
cjal-3258	478	25	parties	party	NOUN
cjal-3258	478	26	.	.	PUNCT
cjal-3258	479	1	19	19	NUM
cjal-3258	479	2	in	in	ADP
cjal-3258	479	3	our	our	PRON
cjal-3258	479	4	case	case	NOUN
cjal-3258	479	5	,	,	PUNCT
cjal-3258	479	6	guidelines	guideline	NOUN
cjal-3258	479	7	have	have	AUX
cjal-3258	479	8	resulted	result	VERB
cjal-3258	479	9	in	in	ADP
cjal-3258	479	10	the	the	DET
cjal-3258	479	11	split	split	ADJ
cjal-3258	479	12	share	share	NOUN
cjal-3258	479	13	structure	structure	NOUN
cjal-3258	479	14	that	that	PRON
cjal-3258	479	15	has	have	VERB
cjal-3258	479	16	such	such	DET
cjal-3258	479	17	an	an	DET
cjal-3258	479	18	extensive	extensive	ADJ
cjal-3258	479	19	impact	impact	NOUN
cjal-3258	479	20	on	on	ADP
cjal-3258	479	21	the	the	DET
cjal-3258	479	22	non	non	ADJ
cjal-3258	479	23	-	-	ADJ
cjal-3258	479	24	tradable	tradable	ADJ
cjal-3258	479	25	shareholders	shareholder	NOUN
cjal-3258	479	26	and	and	CCONJ
cjal-3258	479	27	tradable	tradable	ADJ
cjal-3258	479	28	shareholders	shareholder	NOUN
cjal-3258	479	29	alike	alike	ADV
cjal-3258	479	30	.	.	PUNCT
cjal-3258	480	1	a	a	DET
cjal-3258	480	2	strong	strong	ADJ
cjal-3258	480	3	case	case	NOUN
cjal-3258	480	4	can	can	AUX
cjal-3258	480	5	be	be	AUX
cjal-3258	480	6	made	make	VERB
cjal-3258	480	7	for	for	ADP
cjal-3258	480	8	the	the	DET
cjal-3258	480	9	possibility	possibility	NOUN
cjal-3258	480	10	and	and	CCONJ
cjal-3258	480	11	necessity	necessity	NOUN
cjal-3258	480	12	of	of	ADP
cjal-3258	480	13	including	include	VERB
cjal-3258	480	14	this	this	DET
cjal-3258	480	15	sort	sort	NOUN
cjal-3258	480	16	of	of	ADP
cjal-3258	480	17	administrative	administrative	ADJ
cjal-3258	480	18	guideline	guideline	NOUN
cjal-3258	480	19	under	under	ADP
cjal-3258	480	20	the	the	DET
cjal-3258	480	21	scope	scope	NOUN
cjal-3258	480	22	of	of	ADP
cjal-3258	480	23	judicial	judicial	ADJ
cjal-3258	480	24	review	review	NOUN
cjal-3258	480	25	.	.	PUNCT
cjal-3258	480	26	'	'	PUNCT
cjal-3258	481	1	20	20	NUM
cjal-3258	481	2	.115	.115	NUM
cjal-3258	481	3	,	,	PUNCT
cjal-3258	481	4	jf	jf	PROPN
cjal-3258	481	5	t	t	PROPN
cjal-3258	481	6	-i	-i	NUM
cjal-3258	481	7	,	,	PUNCT
cjal-3258	481	8	-ifl	-ifl	PUNCT
cjal-3258	481	9	l	l	NOUN
cjal-3258	482	1	[	[	X
cjal-3258	482	2	supreme	supreme	ADJ
cjal-3258	482	3	people	people	NOUN
cjal-3258	482	4	's	's	PART
cjal-3258	482	5	court	court	NOUN
cjal-3258	482	6	,	,	PUNCT
cjal-3258	482	7	interpretation	interpretation	NOUN
cjal-3258	482	8	of	of	ADP
cjal-3258	482	9	the	the	DET
cjal-3258	482	10	problems	problem	NOUN
cjal-3258	482	11	in	in	ADP
cjal-3258	482	12	implementing	implement	VERB
cjal-3258	482	13	administrative	administrative	ADJ
cjal-3258	482	14	litigation	litigation	NOUN
cjal-3258	482	15	law	law	NOUN
cjal-3258	482	16	]	]	PUNCT
cjal-3258	482	17	(	(	PUNCT
cjal-3258	482	18	promulgated	promulgate	VERB
cjal-3258	482	19	by	by	ADP
cjal-3258	482	20	the	the	DET
cjal-3258	482	21	sup	sup	NOUN
cjal-3258	482	22	.	.	PUNCT
cjal-3258	483	1	people	people	NOUN
cjal-3258	483	2	's	's	PART
cjal-3258	483	3	ct	ct	PROPN
cjal-3258	483	4	.	.	PROPN
cjal-3258	483	5	,	,	PUNCT
cjal-3258	483	6	nov	nov	PROPN
cjal-3258	483	7	.	.	PROPN
cjal-3258	483	8	24	24	NUM
cjal-3258	483	9	,	,	PUNCT
cjal-3258	483	10	1999	1999	NUM
cjal-3258	483	11	)	)	PUNCT
cjal-3258	483	12	,	,	PUNCT
cjal-3258	483	13	2000	2000	NUM
cjal-3258	483	14	a	a	DET
cjal-3258	483	15	k	k	PROPN
cjal-3258	483	16	4	4	NUM
cjal-3258	483	17	t	t	NOUN
cjal-3258	483	18	,	,	PUNCT
cjal-3258	483	19	ir	ir	PROPN
cjal-3258	483	20	)	)	PUNCT
cjal-3258	483	21	aav18ida	aav18ida	PROPN
cjal-3258	484	1	[	[	X
cjal-3258	484	2	sup	sup	NOUN
cjal-3258	484	3	.	.	PUNCT
cjal-3258	485	1	people	people	NOUN
cjal-3258	485	2	's	's	PART
cjal-3258	485	3	ct	ct	AUX
cjal-3258	485	4	.	.	PUNCT
cjal-3258	485	5	gaz	gaz	PROPN
cjal-3258	485	6	.	.	PROPN
cjal-3258	485	7	]	]	PUNCT
cjal-3258	486	1	87	87	NUM
cjal-3258	486	2	,	,	PUNCT
cjal-3258	486	3	§	§	PROPN
cjal-3258	486	4	3	3	NUM
cjal-3258	486	5	.	.	NOUN
cjal-3258	486	6	116	116	NUM
cjal-3258	486	7	.88	.88	NUM
cjal-3258	487	1	[	[	PUNCT
cjal-3258	487	2	the	the	DET
cjal-3258	487	3	law	law	NOUN
cjal-3258	487	4	on	on	ADP
cjal-3258	487	5	legislation	legislation	NOUN
cjal-3258	487	6	of	of	ADP
cjal-3258	487	7	the	the	DET
cjal-3258	487	8	people	people	NOUN
cjal-3258	487	9	's	's	PART
cjal-3258	487	10	republic	republic	NOUN
cjal-3258	487	11	of	of	ADP
cjal-3258	487	12	china	china	PROPN
cjal-3258	487	13	]	]	PUNCT
cjal-3258	487	14	(	(	PUNCT
cjal-3258	487	15	promulgated	promulgate	VERB
cjal-3258	487	16	by	by	ADP
cjal-3258	487	17	the	the	DET
cjal-3258	487	18	standing	standing	NOUN
cjal-3258	487	19	comm	comm	NOUN
cjal-3258	487	20	.	.	PUNCT
cjal-3258	488	1	nat'l	nat'l	NOUN
cjal-3258	488	2	people	people	NOUN
cjal-3258	488	3	's	's	PART
cjal-3258	488	4	cong	cong	NOUN
cjal-3258	488	5	.	.	PROPN
cjal-3258	488	6	,	,	PUNCT
cjal-3258	488	7	mar	mar	PROPN
cjal-3258	488	8	.	.	PROPN
cjal-3258	488	9	15	15	NUM
cjal-3258	488	10	,	,	PUNCT
cjal-3258	488	11	2000	2000	NUM
cjal-3258	488	12	,	,	PUNCT
cjal-3258	488	13	effective	effective	ADJ
cjal-3258	488	14	july	july	PROPN
cjal-3258	488	15	1	1	NUM
cjal-3258	488	16	,	,	PUNCT
cjal-3258	488	17	2000	2000	NUM
cjal-3258	488	18	)	)	PUNCT
cjal-3258	488	19	,	,	PUNCT
cjal-3258	488	20	translated	translate	VERB
cjal-3258	488	21	in	in	ADP
cjal-3258	488	22	chinalawinfo	chinalawinfo	NOUN
cjal-3258	488	23	(	(	PUNCT
cjal-3258	488	24	lexis	lexis	NOUN
cjal-3258	488	25	)	)	PUNCT
cjal-3258	488	26	prcleg	prcleg	NOUN
cjal-3258	488	27	386	386	NUM
cjal-3258	488	28	.	.	PUNCT
cjal-3258	488	29	117	117	NUM
cjal-3258	488	30	_	_	PUNCT
cjal-3258	489	1	j	j	X
cjal-3258	489	2	!	!	PROPN
cjal-3258	489	3	7	7	NUM
cjal-3258	489	4	,	,	PUNCT
cjal-3258	489	5	kg%	kg%	NOUN
cjal-3258	489	6	,	,	PUNCT
cjal-3258	489	7	afi	afi	PROPN
cjal-3258	489	8	,	,	PUNCT
cjal-3258	489	9	&	&	CCONJ
cjal-3258	489	10	ffi	ffi	PROPN
cjal-3258	489	11	*	*	PUNCT
cjal-3258	489	12	"	"	PUNCT
cjal-3258	490	1	[	[	X
cjal-3258	490	2	dong	dong	NOUN
cjal-3258	490	3	maoyun	maoyun	PROPN
cjal-3258	490	4	,	,	PUNCT
cjal-3258	490	5	zhu	zhu	PROPN
cjal-3258	490	6	shudi	shudi	PROPN
cjal-3258	490	7	,	,	PUNCT
cjal-3258	490	8	pan	pan	PROPN
cjal-3258	490	9	weijie	weijie	PROPN
cjal-3258	490	10	&	&	CCONJ
cjal-3258	490	11	liu	liu	PROPN
cjal-3258	490	12	zhigang	zhigang	PROPN
cjal-3258	490	13	,	,	PUNCT
cjal-3258	490	14	the	the	DET
cjal-3258	490	15	study	study	NOUN
cjal-3258	490	16	of	of	ADP
cjal-3258	490	17	administrative	administrative	ADJ
cjal-3258	490	18	law	law	NOUN
cjal-3258	490	19	]	]	PUNCT
cjal-3258	490	20	403	403	NUM
cjal-3258	490	21	(	(	PUNCT
cjal-3258	490	22	2005	2005	NUM
cjal-3258	490	23	)	)	PUNCT
cjal-3258	490	24	.	.	PUNCT
cjal-3258	491	1	118	118	NUM
cjal-3258	492	1	i	i	PROPN
cjal-3258	492	2	d.	d.	PROPN
cjal-3258	492	3	"	"	PUNCT
cjal-3258	492	4	9	9	NUM
cjal-3258	492	5	i	i	PROPN
cjal-3258	492	6	d.	d.	PROPN
cjal-3258	492	7	at	at	ADP
cjal-3258	492	8	410	410	NUM
cjal-3258	492	9	.	.	PUNCT
cjal-3258	492	10	0	0	PUNCT
cjal-3258	493	1	i	i	PRON
cjal-3258	493	2	d.	d.	PROPN
cjal-3258	493	3	at	at	ADP
cjal-3258	493	4	411	411	NUM
cjal-3258	493	5	.	.	PUNCT
cjal-3258	494	1	2006	2006	NUM
cjal-3258	494	2	]	]	PUNCT
cjal-3258	494	3	columbia	columbia	PROPN
cjal-3258	494	4	journal	journal	PROPN
cjal-3258	494	5	of	of	ADP
cjal-3258	494	6	asian	asian	PROPN
cjal-3258	494	7	la	la	PROPN
cjal-3258	494	8	w	w	PROPN
cjal-3258	494	9	notwithstanding	notwithstanding	ADP
cjal-3258	494	10	the	the	DET
cjal-3258	494	11	academic	academic	ADJ
cjal-3258	494	12	criticisms	criticism	NOUN
cjal-3258	494	13	,	,	PUNCT
cjal-3258	494	14	this	this	DET
cjal-3258	494	15	current	current	ADJ
cjal-3258	494	16	state	state	NOUN
cjal-3258	494	17	of	of	ADP
cjal-3258	494	18	the	the	DET
cjal-3258	494	19	law	law	NOUN
cjal-3258	494	20	effectively	effectively	ADV
cjal-3258	494	21	bars	bar	VERB
cjal-3258	494	22	any	any	DET
cjal-3258	494	23	challenge	challenge	NOUN
cjal-3258	494	24	against	against	ADP
cjal-3258	494	25	both	both	CCONJ
cjal-3258	494	26	the	the	DET
cjal-3258	494	27	initial	initial	ADJ
cjal-3258	494	28	split	split	ADJ
cjal-3258	494	29	share	share	NOUN
cjal-3258	494	30	structure	structure	NOUN
cjal-3258	494	31	and	and	CCONJ
cjal-3258	494	32	the	the	DET
cjal-3258	494	33	implemented	implement	VERB
cjal-3258	494	34	reform	reform	NOUN
cjal-3258	494	35	since	since	SCONJ
cjal-3258	494	36	they	they	PRON
cjal-3258	494	37	are	be	AUX
cjal-3258	494	38	based	base	VERB
cjal-3258	494	39	on	on	ADP
cjal-3258	494	40	nonspecific	nonspecific	ADJ
cjal-3258	494	41	guidelines	guideline	NOUN
cjal-3258	494	42	and	and	CCONJ
cjal-3258	494	43	regulations	regulation	NOUN
cjal-3258	494	44	.	.	PUNCT
cjal-3258	495	1	121	121	NUM
cjal-3258	495	2	similarly	similarly	ADV
cjal-3258	495	3	,	,	PUNCT
cjal-3258	495	4	if	if	SCONJ
cjal-3258	495	5	the	the	DET
cjal-3258	495	6	regulatory	regulatory	ADJ
cjal-3258	495	7	authorities	authority	NOUN
cjal-3258	495	8	permit	permit	VERB
cjal-3258	495	9	the	the	DET
cjal-3258	495	10	trading	trading	NOUN
cjal-3258	495	11	of	of	ADP
cjal-3258	495	12	non	non	ADJ
cjal-3258	495	13	-	-	ADJ
cjal-3258	495	14	tradable	tradable	ADJ
cjal-3258	495	15	shares	share	NOUN
cjal-3258	495	16	without	without	ADP
cjal-3258	495	17	any	any	DET
cjal-3258	495	18	payment	payment	NOUN
cjal-3258	495	19	of	of	ADP
cjal-3258	495	20	compensation	compensation	NOUN
cjal-3258	495	21	,	,	PUNCT
cjal-3258	495	22	that	that	PRON
cjal-3258	495	23	will	will	AUX
cjal-3258	495	24	also	also	ADV
cjal-3258	495	25	be	be	AUX
cjal-3258	495	26	excluded	exclude	VERB
cjal-3258	495	27	from	from	ADP
cjal-3258	495	28	judicial	judicial	ADJ
cjal-3258	495	29	review	review	NOUN
cjal-3258	495	30	as	as	ADV
cjal-3258	495	31	long	long	ADV
cjal-3258	495	32	as	as	SCONJ
cjal-3258	495	33	it	it	PRON
cjal-3258	495	34	does	do	AUX
cjal-3258	495	35	not	not	PART
cjal-3258	495	36	come	come	VERB
cjal-3258	495	37	in	in	ADP
cjal-3258	495	38	the	the	DET
cjal-3258	495	39	form	form	NOUN
cjal-3258	495	40	of	of	ADP
cjal-3258	495	41	specific	specific	ADJ
cjal-3258	495	42	orders	order	NOUN
cjal-3258	495	43	.	.	PUNCT
cjal-3258	496	1	nonetheless	nonetheless	ADV
cjal-3258	496	2	,	,	PUNCT
cjal-3258	496	3	since	since	SCONJ
cjal-3258	496	4	all	all	DET
cjal-3258	496	5	the	the	DET
cjal-3258	496	6	trading	trading	NOUN
cjal-3258	496	7	proposals	proposal	NOUN
cjal-3258	496	8	under	under	ADP
cjal-3258	496	9	the	the	DET
cjal-3258	496	10	current	current	ADJ
cjal-3258	496	11	reform	reform	NOUN
cjal-3258	496	12	must	must	AUX
cjal-3258	496	13	be	be	AUX
cjal-3258	496	14	approved	approve	VERB
cjal-3258	496	15	by	by	ADP
cjal-3258	496	16	the	the	DET
cjal-3258	496	17	state	state	NOUN
cjal-3258	496	18	-	-	PUNCT
cjal-3258	496	19	owned	own	VERB
cjal-3258	496	20	assets	asset	NOUN
cjal-3258	496	21	supervision	supervision	NOUN
cjal-3258	496	22	and	and	CCONJ
cjal-3258	496	23	administration	administration	NOUN
cjal-3258	496	24	authority	authority	NOUN
cjal-3258	496	25	before	before	SCONJ
cjal-3258	496	26	they	they	PRON
cjal-3258	496	27	can	can	AUX
cjal-3258	496	28	be	be	AUX
cjal-3258	496	29	implemented	implement	VERB
cjal-3258	496	30	,	,	PUNCT
cjal-3258	496	31	122	122	NUM
cjal-3258	496	32	those	those	DET
cjal-3258	496	33	approvals	approval	NOUN
cjal-3258	496	34	by	by	ADP
cjal-3258	496	35	themselves	themselves	PRON
cjal-3258	496	36	are	be	AUX
cjal-3258	496	37	specific	specific	ADJ
cjal-3258	496	38	administrative	administrative	ADJ
cjal-3258	496	39	actions	action	NOUN
cjal-3258	496	40	and	and	CCONJ
cjal-3258	496	41	can	can	AUX
cjal-3258	496	42	be	be	AUX
cjal-3258	496	43	judicially	judicially	ADV
cjal-3258	496	44	reviewed	review	VERB
cjal-3258	496	45	as	as	SCONJ
cjal-3258	496	46	discussed	discuss	VERB
cjal-3258	496	47	below	below	ADV
cjal-3258	496	48	.	.	PUNCT
cjal-3258	497	1	the	the	DET
cjal-3258	497	2	recently	recently	ADV
cjal-3258	497	3	legislated	legislate	VERB
cjal-3258	497	4	p.r.c	p.r.c	NOUN
cjal-3258	497	5	.	.	PUNCT
cjal-3258	497	6	administrative	administrative	ADJ
cjal-3258	497	7	permit	permit	NOUN
cjal-3258	497	8	law123	law123	NOUN
cjal-3258	497	9	may	may	AUX
cjal-3258	497	10	provide	provide	VERB
cjal-3258	497	11	a	a	DET
cjal-3258	497	12	possible	possible	ADJ
cjal-3258	497	13	avenue	avenue	NOUN
cjal-3258	497	14	for	for	ADP
cjal-3258	497	15	public	public	ADJ
cjal-3258	497	16	law	law	NOUN
cjal-3258	497	17	remedies	remedy	NOUN
cjal-3258	497	18	because	because	SCONJ
cjal-3258	497	19	the	the	DET
cjal-3258	497	20	approval	approval	NOUN
cjal-3258	497	21	requirement	requirement	NOUN
cjal-3258	497	22	under	under	ADP
cjal-3258	497	23	the	the	DET
cjal-3258	497	24	reform	reform	NOUN
cjal-3258	497	25	is	be	AUX
cjal-3258	497	26	arguably	arguably	ADV
cjal-3258	497	27	an	an	DET
cjal-3258	497	28	administrative	administrative	ADJ
cjal-3258	497	29	permit	permit	NOUN
cjal-3258	497	30	defined	define	VERB
cjal-3258	497	31	in	in	ADP
cjal-3258	497	32	section	section	NOUN
cjal-3258	497	33	2.124	2.124	NUM
cjal-3258	497	34	falling	fall	VERB
cjal-3258	497	35	within	within	ADP
cjal-3258	497	36	the	the	DET
cjal-3258	497	37	scope	scope	NOUN
cjal-3258	497	38	of	of	ADP
cjal-3258	497	39	this	this	DET
cjal-3258	497	40	administrative	administrative	ADJ
cjal-3258	497	41	permit	permit	NOUN
cjal-3258	497	42	law	law	NOUN
cjal-3258	497	43	brings	bring	VERB
cjal-3258	497	44	about	about	ADP
cjal-3258	497	45	the	the	DET
cjal-3258	497	46	right	right	NOUN
cjal-3258	497	47	to	to	PART
cjal-3258	497	48	bring	bring	VERB
cjal-3258	497	49	an	an	DET
cjal-3258	497	50	administrative	administrative	ADJ
cjal-3258	497	51	action	action	NOUN
cjal-3258	497	52	and	and	CCONJ
cjal-3258	497	53	the	the	DET
cjal-3258	497	54	right	right	NOUN
cjal-3258	497	55	to	to	PART
cjal-3258	497	56	seek	seek	VERB
cjal-3258	497	57	compensation	compensation	NOUN
cjal-3258	497	58	if	if	SCONJ
cjal-3258	497	59	one	one	NUM
cjal-3258	497	60	's	's	PART
cjal-3258	497	61	legal	legal	ADJ
cjal-3258	497	62	rights	right	NOUN
cjal-3258	497	63	and	and	CCONJ
cjal-3258	497	64	interests	interest	NOUN
cjal-3258	497	65	have	have	AUX
cjal-3258	497	66	been	be	AUX
cjal-3258	497	67	infringed	infringe	VERB
cjal-3258	497	68	by	by	ADP
cjal-3258	497	69	the	the	DET
cjal-3258	497	70	illegal	illegal	ADJ
cjal-3258	497	71	implementation	implementation	NOUN
cjal-3258	497	72	of	of	ADP
cjal-3258	497	73	an	an	DET
cjal-3258	497	74	administrative	administrative	ADJ
cjal-3258	497	75	permit	permit	NOUN
cjal-3258	497	76	.	.	PUNCT
cjal-3258	498	1	125	125	NUM
cjal-3258	498	2	section	section	NOUN
cjal-3258	498	3	76	76	NUM
cjal-3258	498	4	also	also	ADV
cjal-3258	498	5	expressly	expressly	ADV
cjal-3258	498	6	provides	provide	VERB
cjal-3258	498	7	that	that	SCONJ
cjal-3258	498	8	compensation	compensation	NOUN
cjal-3258	498	9	is	be	AUX
cjal-3258	498	10	payable	payable	ADJ
cjal-3258	498	11	for	for	ADP
cjal-3258	498	12	any	any	DET
cjal-3258	498	13	infringement	infringement	NOUN
cjal-3258	498	14	on	on	ADP
cjal-3258	498	15	the	the	DET
cjal-3258	498	16	legal	legal	ADJ
cjal-3258	498	17	rights	right	NOUN
cjal-3258	498	18	and	and	CCONJ
cjal-3258	498	19	interests	interest	NOUN
cjal-3258	498	20	of	of	ADP
cjal-3258	498	21	the	the	DET
cjal-3258	498	22	relevant	relevant	ADJ
cjal-3258	498	23	party	party	NOUN
cjal-3258	498	24	.	.	PUNCT
cjal-3258	499	1	both	both	PRON
cjal-3258	499	2	the	the	DET
cjal-3258	499	3	setting	setting	NOUN
cjal-3258	499	4	up	up	ADP
cjal-3258	499	5	and	and	CCONJ
cjal-3258	499	6	implementation	implementation	NOUN
cjal-3258	499	7	of	of	ADP
cjal-3258	499	8	the	the	DET
cjal-3258	499	9	administrative	administrative	ADJ
cjal-3258	499	10	permit	permit	NOUN
cjal-3258	499	11	must	must	AUX
cjal-3258	499	12	not	not	PART
cjal-3258	499	13	be	be	AUX
cjal-3258	499	14	contrary	contrary	ADJ
cjal-3258	499	15	to	to	ADP
cjal-3258	499	16	the	the	DET
cjal-3258	499	17	law	law	NOUN
cjal-3258	499	18	,	,	PUNCT
cjal-3258	499	19	26	26	NUM
cjal-3258	499	20	which	which	PRON
cjal-3258	499	21	in	in	ADP
cjal-3258	499	22	theory	theory	NOUN
cjal-3258	499	23	includes	include	VERB
cjal-3258	499	24	the	the	DET
cjal-3258	499	25	constitution	constitution	NOUN
cjal-3258	499	26	.	.	PUNCT
cjal-3258	500	1	the	the	DET
cjal-3258	500	2	uncertainties	uncertainty	NOUN
cjal-3258	500	3	in	in	ADP
cjal-3258	500	4	this	this	DET
cjal-3258	500	5	statue	statue	NOUN
cjal-3258	500	6	revolve	revolve	NOUN
cjal-3258	500	7	around	around	ADP
cjal-3258	500	8	121	121	NUM
cjal-3258	500	9	4ai	4ai	NOUN
cjal-3258	500	10	,	,	PUNCT
cjal-3258	500	11	&	&	CCONJ
cjal-3258	500	12	[	[	X
cjal-3258	500	13	administrative	administrative	ADJ
cjal-3258	500	14	review	review	NOUN
cjal-3258	500	15	law	law	NOUN
cjal-3258	500	16	]	]	PUNCT
cjal-3258	500	17	(	(	PUNCT
cjal-3258	500	18	promulgated	promulgate	VERB
cjal-3258	500	19	by	by	ADP
cjal-3258	500	20	the	the	DET
cjal-3258	500	21	standing	standing	NOUN
cjal-3258	500	22	comm	comm	NOUN
cjal-3258	500	23	.	.	PUNCT
cjal-3258	501	1	nat'l	nat'l	NOUN
cjal-3258	501	2	people	people	NOUN
cjal-3258	501	3	's	's	PART
cjal-3258	501	4	cong	cong	NOUN
cjal-3258	501	5	.	.	PROPN
cjal-3258	501	6	,	,	PUNCT
cjal-3258	501	7	apr	apr	PROPN
cjal-3258	501	8	.	.	PROPN
cjal-3258	501	9	29	29	NUM
cjal-3258	501	10	,	,	PUNCT
cjal-3258	501	11	1999	1999	NUM
cjal-3258	501	12	,	,	PUNCT
cjal-3258	501	13	effective	effective	ADJ
cjal-3258	501	14	oct	oct	PROPN
cjal-3258	501	15	.	.	PROPN
cjal-3258	501	16	1	1	NUM
cjal-3258	501	17	,	,	PUNCT
cjal-3258	501	18	1999	1999	NUM
cjal-3258	501	19	)	)	PUNCT
cjal-3258	501	20	,	,	PUNCT
cjal-3258	501	21	1999	1999	NUM
cjal-3258	501	22	it	it	PRON
cjal-3258	502	1	[	[	X
cjal-3258	502	2	standing	standing	NOUN
cjal-3258	502	3	comm	comm	NOUN
cjal-3258	502	4	.	.	PUNCT
cjal-3258	503	1	nat'l	nat'l	NOUN
cjal-3258	503	2	people	people	NOUN
cjal-3258	503	3	's	's	PART
cjal-3258	503	4	cong	cong	NOUN
cjal-3258	503	5	.	.	PUNCT
cjal-3258	504	1	gaz	gaz	PROPN
cjal-3258	504	2	.	.	PROPN
cjal-3258	504	3	]	]	PUNCT
cjal-3258	505	1	225	225	NUM
cjal-3258	505	2	,	,	PUNCT
cjal-3258	505	3	§	§	PROPN
cjal-3258	505	4	7	7	NUM
cjal-3258	505	5	,	,	PUNCT
cjal-3258	505	6	allows	allow	VERB
cjal-3258	505	7	administrative	administrative	ADJ
cjal-3258	505	8	review	review	NOUN
cjal-3258	505	9	on	on	ADP
cjal-3258	505	10	the	the	DET
cjal-3258	505	11	legality	legality	NOUN
cjal-3258	505	12	of	of	ADP
cjal-3258	505	13	certain	certain	ADJ
cjal-3258	505	14	nonspecific	nonspecific	ADJ
cjal-3258	505	15	regulations	regulation	NOUN
cjal-3258	505	16	if	if	SCONJ
cjal-3258	505	17	they	they	PRON
cjal-3258	505	18	are	be	AUX
cjal-3258	505	19	the	the	DET
cjal-3258	505	20	basis	basis	NOUN
cjal-3258	505	21	of	of	ADP
cjal-3258	505	22	a	a	DET
cjal-3258	505	23	challenged	challenge	VERB
cjal-3258	505	24	specific	specific	ADJ
cjal-3258	505	25	administrative	administrative	ADJ
cjal-3258	505	26	action	action	NOUN
cjal-3258	505	27	.	.	PUNCT
cjal-3258	506	1	according	accord	VERB
cjal-3258	506	2	to	to	ADP
cjal-3258	506	3	§	§	PROPN
cjal-3258	506	4	§	§	PROPN
cjal-3258	506	5	12	12	NUM
cjal-3258	506	6	-	-	SYM
cjal-3258	506	7	15	15	NUM
cjal-3258	506	8	,	,	PUNCT
cjal-3258	506	9	administrative	administrative	ADJ
cjal-3258	506	10	review	review	NOUN
cjal-3258	506	11	is	be	AUX
cjal-3258	506	12	conducted	conduct	VERB
cjal-3258	506	13	by	by	ADP
cjal-3258	506	14	the	the	DET
cjal-3258	506	15	relevant	relevant	ADJ
cjal-3258	506	16	government	government	NOUN
cjal-3258	506	17	or	or	CCONJ
cjal-3258	506	18	superior	superior	ADJ
cjal-3258	506	19	administrative	administrative	ADJ
cjal-3258	506	20	body	body	NOUN
cjal-3258	506	21	.	.	PUNCT
cjal-3258	507	1	notwithstanding	notwithstanding	ADP
cjal-3258	507	2	any	any	DET
cjal-3258	507	3	doubts	doubt	NOUN
cjal-3258	507	4	on	on	ADP
cjal-3258	507	5	the	the	DET
cjal-3258	507	6	independence	independence	NOUN
cjal-3258	507	7	of	of	ADP
cjal-3258	507	8	the	the	DET
cjal-3258	507	9	chinese	chinese	ADJ
cjal-3258	507	10	judiciary	judiciary	NOUN
cjal-3258	507	11	,	,	PUNCT
cjal-3258	507	12	the	the	DET
cjal-3258	507	13	lack	lack	NOUN
cjal-3258	507	14	of	of	ADP
cjal-3258	507	15	independence	independence	NOUN
cjal-3258	507	16	and	and	CCONJ
cjal-3258	507	17	effectiveness	effectiveness	NOUN
cjal-3258	507	18	of	of	ADP
cjal-3258	507	19	this	this	DET
cjal-3258	507	20	administrative	administrative	ADJ
cjal-3258	507	21	review	review	NOUN
cjal-3258	507	22	can	can	AUX
cjal-3258	507	23	only	only	ADV
cjal-3258	507	24	be	be	AUX
cjal-3258	507	25	worrisome	worrisome	ADJ
cjal-3258	507	26	for	for	ADP
cjal-3258	507	27	the	the	DET
cjal-3258	507	28	split	split	ADJ
cjal-3258	507	29	share	share	NOUN
cjal-3258	507	30	structure	structure	NOUN
cjal-3258	507	31	reform	reform	NOUN
cjal-3258	507	32	,	,	PUNCT
cjal-3258	507	33	with	with	ADP
cjal-3258	507	34	reform	reform	NOUN
cjal-3258	507	35	implemented	implement	VERB
cjal-3258	507	36	from	from	ADP
cjal-3258	507	37	the	the	DET
cjal-3258	507	38	top	top	NOUN
cjal-3258	507	39	.	.	PUNCT
cjal-3258	508	1	moreover	moreover	ADV
cjal-3258	508	2	,	,	PUNCT
cjal-3258	508	3	§	§	PROPN
cjal-3258	508	4	7	7	NUM
cjal-3258	508	5	still	still	ADV
cjal-3258	508	6	excludes	exclude	VERB
cjal-3258	508	7	from	from	ADP
cjal-3258	508	8	review	review	NOUN
cjal-3258	508	9	non	non	ADJ
cjal-3258	508	10	-	-	ADJ
cjal-3258	508	11	specific	specific	ADJ
cjal-3258	508	12	regulations	regulation	NOUN
cjal-3258	508	13	by	by	ADP
cjal-3258	508	14	state	state	NOUN
cjal-3258	508	15	council	council	NOUN
cjal-3258	508	16	departments	department	NOUN
cjal-3258	508	17	and	and	CCONJ
cjal-3258	508	18	commissions	commission	NOUN
cjal-3258	508	19	.	.	PUNCT
cjal-3258	509	1	this	this	DET
cjal-3258	509	2	effectively	effectively	ADV
cjal-3258	509	3	bars	bar	VERB
cjal-3258	509	4	challenge	challenge	VERB
cjal-3258	509	5	to	to	ADP
cjal-3258	509	6	the	the	DET
cjal-3258	509	7	two	two	NUM
cjal-3258	509	8	most	most	ADV
cjal-3258	509	9	important	important	ADJ
cjal-3258	509	10	regulations	regulation	NOUN
cjal-3258	509	11	in	in	ADP
cjal-3258	509	12	the	the	DET
cjal-3258	509	13	implemented	implement	VERB
cjal-3258	509	14	reform	reform	NOUN
cjal-3258	509	15	because	because	SCONJ
cjal-3258	509	16	the	the	DET
cjal-3258	509	17	guiding	guide	VERB
cjal-3258	509	18	opinions	opinion	NOUN
cjal-3258	509	19	,	,	PUNCT
cjal-3258	509	20	supra	supra	PROPN
cjal-3258	509	21	note	note	NOUN
cjal-3258	509	22	23	23	NUM
cjal-3258	509	23	,	,	PUNCT
cjal-3258	509	24	were	be	AUX
cjal-3258	509	25	issued	issue	VERB
cjal-3258	509	26	by	by	ADP
cjal-3258	509	27	the	the	DET
cjal-3258	509	28	state	state	NOUN
cjal-3258	509	29	council	council	NOUN
cjal-3258	509	30	,	,	PUNCT
cjal-3258	509	31	while	while	SCONJ
cjal-3258	509	32	the	the	DET
cjal-3258	509	33	administrative	administrative	ADJ
cjal-3258	509	34	measures	measure	NOUN
cjal-3258	509	35	,	,	PUNCT
cjal-3258	509	36	supra	supra	PROPN
cjal-3258	509	37	note	note	NOUN
cjal-3258	509	38	55	55	NUM
cjal-3258	509	39	,	,	PUNCT
cjal-3258	509	40	were	be	AUX
cjal-3258	509	41	promulgated	promulgate	VERB
cjal-3258	509	42	by	by	ADP
cjal-3258	509	43	the	the	DET
cjal-3258	509	44	china	china	PROPN
cjal-3258	509	45	securities	securities	PROPN
cjal-3258	509	46	regulatory	regulatory	PROPN
cjal-3258	509	47	commission	commission	PROPN
cjal-3258	509	48	,	,	PUNCT
cjal-3258	509	49	an	an	DET
cjal-3258	509	50	organ	organ	NOUN
cjal-3258	509	51	of	of	ADP
cjal-3258	509	52	the	the	DET
cjal-3258	509	53	state	state	NOUN
cjal-3258	509	54	council	council	PROPN
cjal-3258	509	55	.	.	PUNCT
cjal-3258	510	1	122	122	NUM
cjal-3258	510	2	administrative	administrative	ADJ
cjal-3258	510	3	measures	measure	NOUN
cjal-3258	510	4	,	,	PUNCT
cjal-3258	510	5	supra	supra	PROPN
cjal-3258	510	6	note	note	NOUN
cjal-3258	510	7	55	55	NUM
cjal-3258	510	8	,	,	PUNCT
cjal-3258	510	9	§	§	PROPN
cjal-3258	510	10	15	15	NUM
cjal-3258	510	11	.	.	NOUN
cjal-3258	510	12	123	123	NUM
cjal-3258	510	13	tj	tj	NOUN
cjal-3258	510	14	:	:	PUNCT
cjal-3258	510	15	f	f	X
cjal-3258	510	16	-	-	PUNCT
cjal-3258	510	17	tm	tm	PROPN
cjal-3258	510	18	[	[	X
cjal-3258	510	19	administrative	administrative	ADJ
cjal-3258	510	20	permit	permit	NOUN
cjal-3258	510	21	law	law	NOUN
cjal-3258	510	22	]	]	PUNCT
cjal-3258	510	23	(	(	PUNCT
cjal-3258	510	24	promulgated	promulgate	VERB
cjal-3258	510	25	by	by	ADP
cjal-3258	510	26	the	the	DET
cjal-3258	510	27	standing	standing	NOUN
cjal-3258	510	28	comm	comm	NOUN
cjal-3258	510	29	.	.	PUNCT
cjal-3258	511	1	nat'l	nat'l	NOUN
cjal-3258	511	2	people	people	NOUN
cjal-3258	511	3	's	's	PART
cjal-3258	511	4	cong	cong	NOUN
cjal-3258	511	5	.	.	PUNCT
cjal-3258	511	6	,	,	PUNCT
cjal-3258	511	7	aug	aug	PROPN
cjal-3258	511	8	.	.	PROPN
cjal-3258	511	9	27	27	NUM
cjal-3258	511	10	,	,	PUNCT
cjal-3258	511	11	2003	2003	NUM
cjal-3258	511	12	,	,	PUNCT
cjal-3258	511	13	effective	effective	ADJ
cjal-3258	511	14	july	july	PROPN
cjal-3258	511	15	1	1	NUM
cjal-3258	511	16	,	,	PUNCT
cjal-3258	511	17	2004	2004	NUM
cjal-3258	511	18	)	)	PUNCT
cjal-3258	511	19	,	,	PUNCT
cjal-3258	511	20	2003	2003	NUM
cjal-3258	511	21	,	,	PUNCT
cjal-3258	511	22	[	[	X
cjal-3258	511	23	standing	standing	NOUN
cjal-3258	511	24	comm	comm	NOUN
cjal-3258	511	25	.	.	PUNCT
cjal-3258	512	1	nat'l	nat'l	NOUN
cjal-3258	512	2	people	people	NOUN
cjal-3258	512	3	's	's	PART
cjal-3258	512	4	cong	cong	NOUN
cjal-3258	512	5	.	.	PUNCT
cjal-3258	513	1	gaz	gaz	PROPN
cjal-3258	513	2	.	.	PROPN
cjal-3258	513	3	]	]	PUNCT
cjal-3258	514	1	439	439	NUM
cjal-3258	514	2	.	.	PUNCT
cjal-3258	514	3	124	124	NUM
cjal-3258	515	1	i	i	PROPN
cjal-3258	515	2	d.	d.	PROPN
cjal-3258	515	3	§	§	PROPN
cjal-3258	515	4	2	2	NUM
cjal-3258	515	5	.	.	PUNCT
cjal-3258	515	6	"	"	PUNCT
cjal-3258	515	7	administrative	administrative	ADJ
cjal-3258	515	8	permit	permit	NOUN
cjal-3258	515	9	in	in	ADP
cjal-3258	515	10	this	this	DET
cjal-3258	515	11	statue	statue	NOUN
cjal-3258	515	12	refers	refer	VERB
cjal-3258	515	13	to	to	ADP
cjal-3258	515	14	the	the	DET
cjal-3258	515	15	administrative	administrative	ADJ
cjal-3258	515	16	authorities	authority	NOUN
cjal-3258	515	17	'	'	PART
cjal-3258	515	18	action	action	NOUN
cjal-3258	515	19	of	of	ADP
cjal-3258	515	20	permitting	permit	VERB
cjal-3258	515	21	certain	certain	ADJ
cjal-3258	515	22	activities	activity	NOUN
cjal-3258	515	23	after	after	ADP
cjal-3258	515	24	examination	examination	NOUN
cjal-3258	515	25	in	in	ADP
cjal-3258	515	26	accordance	accordance	NOUN
cjal-3258	515	27	with	with	ADP
cjal-3258	515	28	the	the	DET
cjal-3258	515	29	law	law	NOUN
cjal-3258	515	30	upon	upon	SCONJ
cjal-3258	515	31	the	the	DET
cjal-3258	515	32	application	application	NOUN
cjal-3258	515	33	by	by	ADP
cjal-3258	515	34	the	the	DET
cjal-3258	515	35	citizen	citizen	NOUN
cjal-3258	515	36	,	,	PUNCT
cjal-3258	515	37	legal	legal	ADJ
cjal-3258	515	38	persons	person	NOUN
cjal-3258	515	39	or	or	CCONJ
cjal-3258	515	40	other	other	ADJ
cjal-3258	515	41	organization	organization	NOUN
cjal-3258	515	42	.	.	PUNCT
cjal-3258	515	43	"	"	PUNCT
cjal-3258	516	1	125	125	NUM
cjal-3258	516	2	administrative	administrative	ADJ
cjal-3258	516	3	permit	permit	NOUN
cjal-3258	516	4	law	law	NOUN
cjal-3258	516	5	,	,	PUNCT
cjal-3258	516	6	supra	supra	PROPN
cjal-3258	516	7	note	note	NOUN
cjal-3258	516	8	123	123	NUM
cjal-3258	516	9	,	,	PUNCT
cjal-3258	516	10	§	§	PROPN
cjal-3258	516	11	7	7	NUM
cjal-3258	516	12	.	.	SYM
cjal-3258	516	13	1	1	NUM
cjal-3258	516	14	26dong	26dong	NUM
cjal-3258	516	15	maoyun	maoyun	NOUN
cjal-3258	516	16	et	et	PROPN
cjal-3258	516	17	al	al	PROPN
cjal-3258	516	18	.	.	PROPN
cjal-3258	516	19	,	,	PUNCT
cjal-3258	516	20	supra	supra	PROPN
cjal-3258	516	21	note	note	PROPN
cjal-3258	516	22	117	117	NUM
cjal-3258	516	23	,	,	PUNCT
cjal-3258	516	24	at	at	ADP
cjal-3258	516	25	208	208	NUM
cjal-3258	516	26	.	.	PUNCT
cjal-3258	517	1	[	[	X
cjal-3258	517	2	20:1	20:1	NUM
cjal-3258	517	3	regula	regula	NOUN
cjal-3258	517	4	tory	tory	NOUN
cjal-3258	517	5	givings	giving	NOUN
cjal-3258	517	6	in	in	ADP
cjal-3258	517	7	china	china	PROPN
cjal-3258	517	8	who	who	PRON
cjal-3258	517	9	is	be	AUX
cjal-3258	517	10	entitled	entitle	VERB
cjal-3258	517	11	to	to	PART
cjal-3258	517	12	sue	sue	VERB
cjal-3258	517	13	.	.	PUNCT
cjal-3258	518	1	the	the	DET
cjal-3258	518	2	non	non	ADJ
cjal-3258	518	3	-	-	ADJ
cjal-3258	518	4	tradable	tradable	ADJ
cjal-3258	518	5	shareholders	shareholder	NOUN
cjal-3258	518	6	,	,	PUNCT
cjal-3258	518	7	being	be	AUX
cjal-3258	518	8	the	the	DET
cjal-3258	518	9	party	party	NOUN
cjal-3258	518	10	that	that	PRON
cjal-3258	518	11	applies	apply	VERB
cjal-3258	518	12	for	for	ADP
cjal-3258	518	13	the	the	DET
cjal-3258	518	14	approval	approval	NOUN
cjal-3258	518	15	to	to	PART
cjal-3258	518	16	implement	implement	VERB
cjal-3258	518	17	the	the	DET
cjal-3258	518	18	trading	trading	NOUN
cjal-3258	518	19	proposals	proposal	NOUN
cjal-3258	518	20	,	,	PUNCT
cjal-3258	518	21	should	should	AUX
cjal-3258	518	22	have	have	VERB
cjal-3258	518	23	no	no	DET
cjal-3258	518	24	difficulties	difficulty	NOUN
cjal-3258	518	25	challenging	challenge	VERB
cjal-3258	518	26	the	the	DET
cjal-3258	518	27	approval	approval	NOUN
cjal-3258	518	28	or	or	CCONJ
cjal-3258	518	29	even	even	ADV
cjal-3258	518	30	the	the	DET
cjal-3258	518	31	requirement	requirement	NOUN
cjal-3258	518	32	for	for	ADP
cjal-3258	518	33	approval	approval	NOUN
cjal-3258	518	34	on	on	ADP
cjal-3258	518	35	grounds	ground	NOUN
cjal-3258	518	36	of	of	ADP
cjal-3258	518	37	illegality	illegality	NOUN
cjal-3258	518	38	.	.	PUNCT
cjal-3258	519	1	whether	whether	SCONJ
cjal-3258	519	2	the	the	DET
cjal-3258	519	3	tradable	tradable	ADJ
cjal-3258	519	4	shareholders	shareholder	NOUN
cjal-3258	519	5	are	be	AUX
cjal-3258	519	6	entitled	entitle	VERB
cjal-3258	519	7	to	to	PART
cjal-3258	519	8	sue	sue	VERB
cjal-3258	519	9	as	as	ADP
cjal-3258	519	10	indirect	indirect	ADJ
cjal-3258	519	11	targets	target	NOUN
cjal-3258	519	12	of	of	ADP
cjal-3258	519	13	the	the	DET
cjal-3258	519	14	administrative	administrative	ADJ
cjal-3258	519	15	permit	permit	NOUN
cjal-3258	519	16	is	be	AUX
cjal-3258	519	17	more	more	ADV
cjal-3258	519	18	doubtful	doubtful	ADJ
cjal-3258	519	19	,	,	PUNCT
cjal-3258	519	20	even	even	ADV
cjal-3258	519	21	though	though	SCONJ
cjal-3258	519	22	they	they	PRON
cjal-3258	519	23	may	may	AUX
cjal-3258	519	24	have	have	VERB
cjal-3258	519	25	real	real	ADJ
cjal-3258	519	26	grievance	grievance	NOUN
cjal-3258	519	27	against	against	ADP
cjal-3258	519	28	a	a	DET
cjal-3258	519	29	suspected	suspect	VERB
cjal-3258	519	30	under	under	NOUN
cjal-3258	519	31	-	-	PUNCT
cjal-3258	519	32	compensating	compensate	VERB
cjal-3258	519	33	trading	trading	NOUN
cjal-3258	519	34	proposal	proposal	NOUN
cjal-3258	519	35	.	.	PUNCT
cjal-3258	520	1	in	in	ADP
cjal-3258	520	2	summary	summary	NOUN
cjal-3258	520	3	,	,	PUNCT
cjal-3258	520	4	the	the	DET
cjal-3258	520	5	actual	actual	ADJ
cjal-3258	520	6	guidelines	guideline	NOUN
cjal-3258	520	7	and	and	CCONJ
cjal-3258	520	8	regulations	regulation	NOUN
cjal-3258	520	9	of	of	ADP
cjal-3258	520	10	both	both	CCONJ
cjal-3258	520	11	the	the	DET
cjal-3258	520	12	split	split	ADJ
cjal-3258	520	13	share	share	NOUN
cjal-3258	520	14	structure	structure	NOUN
cjal-3258	520	15	and	and	CCONJ
cjal-3258	520	16	the	the	DET
cjal-3258	520	17	implemented	implement	VERB
cjal-3258	520	18	reform	reform	NOUN
cjal-3258	520	19	are	be	AUX
cjal-3258	520	20	excluded	exclude	VERB
cjal-3258	520	21	from	from	ADP
cjal-3258	520	22	judicial	judicial	ADJ
cjal-3258	520	23	review	review	NOUN
cjal-3258	520	24	under	under	ADP
cjal-3258	520	25	current	current	ADJ
cjal-3258	520	26	chinese	chinese	ADJ
cjal-3258	520	27	law	law	NOUN
cjal-3258	520	28	.	.	PUNCT
cjal-3258	521	1	however	however	ADV
cjal-3258	521	2	the	the	DET
cjal-3258	521	3	non	non	ADJ
cjal-3258	521	4	-	-	ADJ
cjal-3258	521	5	tradable	tradable	ADJ
cjal-3258	521	6	shareholders	shareholder	NOUN
cjal-3258	521	7	,	,	PUNCT
cjal-3258	521	8	and	and	CCONJ
cjal-3258	521	9	possibly	possibly	ADV
cjal-3258	521	10	the	the	DET
cjal-3258	521	11	tradable	tradable	ADJ
cjal-3258	521	12	shareholders	shareholder	NOUN
cjal-3258	521	13	,	,	PUNCT
cjal-3258	521	14	may	may	AUX
cjal-3258	521	15	challenge	challenge	VERB
cjal-3258	521	16	the	the	DET
cjal-3258	521	17	approval	approval	NOUN
cjal-3258	521	18	of	of	ADP
cjal-3258	521	19	the	the	DET
cjal-3258	521	20	trading	trading	NOUN
cjal-3258	521	21	proposal	proposal	NOUN
cjal-3258	521	22	by	by	ADP
cjal-3258	521	23	the	the	DET
cjal-3258	521	24	state	state	NOUN
cjal-3258	521	25	-	-	PUNCT
cjal-3258	521	26	owned	own	VERB
cjal-3258	521	27	assets	asset	NOUN
cjal-3258	521	28	supervision	supervision	NOUN
cjal-3258	521	29	and	and	CCONJ
cjal-3258	521	30	administration	administration	NOUN
cjal-3258	521	31	authority	authority	NOUN
cjal-3258	521	32	since	since	SCONJ
cjal-3258	521	33	it	it	PRON
cjal-3258	521	34	is	be	AUX
cjal-3258	521	35	a	a	DET
cjal-3258	521	36	specific	specific	ADJ
cjal-3258	521	37	administrative	administrative	ADJ
cjal-3258	521	38	action	action	NOUN
cjal-3258	521	39	and	and	CCONJ
cjal-3258	521	40	administrative	administrative	ADJ
cjal-3258	521	41	permit	permit	NOUN
cjal-3258	521	42	.	.	PUNCT
cjal-3258	522	1	we	we	PRON
cjal-3258	522	2	will	will	AUX
cjal-3258	522	3	now	now	ADV
cjal-3258	522	4	look	look	VERB
cjal-3258	522	5	in	in	ADP
cjal-3258	522	6	the	the	DET
cjal-3258	522	7	applicable	applicable	ADJ
cjal-3258	522	8	law	law	NOUN
cjal-3258	522	9	under	under	ADP
cjal-3258	522	10	judicial	judicial	ADJ
cjal-3258	522	11	review	review	NOUN
cjal-3258	522	12	.	.	PUNCT
cjal-3258	523	1	2	2	X
cjal-3258	523	2	.	.	X
cjal-3258	523	3	applicable	applicable	ADJ
cjal-3258	523	4	law	law	NOUN
cjal-3258	523	5	the	the	DET
cjal-3258	523	6	crux	crux	NOUN
cjal-3258	523	7	of	of	ADP
cjal-3258	523	8	the	the	DET
cjal-3258	523	9	discussion	discussion	NOUN
cjal-3258	523	10	of	of	ADP
cjal-3258	523	11	public	public	ADJ
cjal-3258	523	12	law	law	NOUN
cjal-3258	523	13	remedies	remedy	NOUN
cjal-3258	523	14	is	be	AUX
cjal-3258	523	15	the	the	DET
cjal-3258	523	16	protection	protection	NOUN
cjal-3258	523	17	of	of	ADP
cjal-3258	523	18	property	property	NOUN
cjal-3258	523	19	rights	right	NOUN
cjal-3258	523	20	.	.	PUNCT
cjal-3258	524	1	the	the	DET
cjal-3258	524	2	tradable	tradable	ADJ
cjal-3258	524	3	shareholders	shareholder	NOUN
cjal-3258	524	4	will	will	AUX
cjal-3258	524	5	suffer	suffer	VERB
cjal-3258	524	6	a	a	DET
cjal-3258	524	7	considerable	considerable	ADJ
cjal-3258	524	8	loss	loss	NOUN
cjal-3258	524	9	in	in	ADP
cjal-3258	524	10	share	share	NOUN
cjal-3258	524	11	value	value	NOUN
cjal-3258	524	12	if	if	SCONJ
cjal-3258	524	13	the	the	DET
cjal-3258	524	14	non	non	ADJ
cjal-3258	524	15	-	-	ADJ
cjal-3258	524	16	tradable	tradable	ADJ
cjal-3258	524	17	shares	share	NOUN
cjal-3258	524	18	are	be	AUX
cjal-3258	524	19	allowed	allow	VERB
cjal-3258	524	20	to	to	PART
cjal-3258	524	21	trade	trade	VERB
cjal-3258	524	22	without	without	ADP
cjal-3258	524	23	any	any	DET
cjal-3258	524	24	payment	payment	NOUN
cjal-3258	524	25	of	of	ADP
cjal-3258	524	26	compensation	compensation	NOUN
cjal-3258	524	27	.	.	PUNCT
cjal-3258	525	1	the	the	DET
cjal-3258	525	2	question	question	NOUN
cjal-3258	525	3	is	be	AUX
cjal-3258	525	4	whether	whether	SCONJ
cjal-3258	525	5	this	this	DET
cjal-3258	525	6	property	property	NOUN
cjal-3258	525	7	right	right	NOUN
cjal-3258	525	8	of	of	ADP
cjal-3258	525	9	the	the	DET
cjal-3258	525	10	tradable	tradable	ADJ
cjal-3258	525	11	shareholders	shareholder	NOUN
cjal-3258	525	12	is	be	AUX
cjal-3258	525	13	protected	protect	VERB
cjal-3258	525	14	from	from	ADP
cjal-3258	525	15	government	government	NOUN
cjal-3258	525	16	policies	policy	NOUN
cjal-3258	525	17	under	under	ADP
cjal-3258	525	18	the	the	DET
cjal-3258	525	19	law	law	NOUN
cjal-3258	525	20	.	.	PUNCT
cjal-3258	526	1	since	since	SCONJ
cjal-3258	526	2	the	the	DET
cjal-3258	526	3	property	property	NOUN
cjal-3258	526	4	rights	right	NOUN
cjal-3258	526	5	law	law	NOUN
cjal-3258	526	6	has	have	VERB
cjal-3258	526	7	yet	yet	ADV
cjal-3258	526	8	to	to	PART
cjal-3258	526	9	be	be	AUX
cjal-3258	526	10	passed	pass	VERB
cjal-3258	526	11	by	by	ADP
cjal-3258	526	12	the	the	DET
cjal-3258	526	13	chinese	chinese	ADJ
cjal-3258	526	14	legislature	legislature	NOUN
cjal-3258	526	15	,	,	PUNCT
cjal-3258	526	16	the	the	DET
cjal-3258	526	17	most	most	ADV
cjal-3258	526	18	relevant	relevant	ADJ
cjal-3258	526	19	law	law	NOUN
cjal-3258	526	20	in	in	ADP
cjal-3258	526	21	question	question	NOUN
cjal-3258	526	22	is	be	AUX
cjal-3258	526	23	the	the	DET
cjal-3258	526	24	constitution	constitution	NOUN
cjal-3258	526	25	.	.	PUNCT
cjal-3258	527	1	the	the	DET
cjal-3258	527	2	recent	recent	ADJ
cjal-3258	527	3	2004	2004	NUM
cjal-3258	527	4	amended	amend	VERB
cjal-3258	527	5	constitution	constitution	NOUN
cjal-3258	527	6	expressly	expressly	ADV
cjal-3258	527	7	recognizes	recognize	VERB
cjal-3258	527	8	and	and	CCONJ
cjal-3258	527	9	protects	protect	VERB
cjal-3258	527	10	private	private	ADJ
cjal-3258	527	11	property	property	NOUN
cjal-3258	527	12	rights	right	NOUN
cjal-3258	527	13	.	.	PUNCT
cjal-3258	528	1	article	article	NOUN
cjal-3258	528	2	13	13	NUM
cjal-3258	528	3	of	of	ADP
cjal-3258	528	4	the	the	DET
cjal-3258	528	5	latest	late	ADJ
cjal-3258	528	6	amended	amend	VERB
cjal-3258	528	7	constitution	constitution	NOUN
cjal-3258	528	8	expressly	expressly	ADV
cjal-3258	528	9	states	state	VERB
cjal-3258	528	10	that	that	SCONJ
cjal-3258	528	11	the	the	DET
cjal-3258	528	12	government	government	NOUN
cjal-3258	528	13	can	can	AUX
cjal-3258	528	14	acquire	acquire	VERB
cjal-3258	528	15	the	the	DET
cjal-3258	528	16	citizen	citizen	NOUN
cjal-3258	528	17	's	's	PART
cjal-3258	528	18	private	private	ADJ
cjal-3258	528	19	property	property	NOUN
cjal-3258	528	20	if	if	SCONJ
cjal-3258	528	21	required	require	VERB
cjal-3258	528	22	by	by	ADP
cjal-3258	528	23	public	public	ADJ
cjal-3258	528	24	interest	interest	NOUN
cjal-3258	528	25	and	and	CCONJ
cjal-3258	528	26	with	with	ADP
cjal-3258	528	27	compensation	compensation	NOUN
cjal-3258	528	28	.	.	PUNCT
cjal-3258	529	1	this	this	DET
cjal-3258	529	2	provision	provision	NOUN
cjal-3258	529	3	only	only	ADV
cjal-3258	529	4	expressly	expressly	ADV
cjal-3258	529	5	provides	provide	VERB
cjal-3258	529	6	for	for	ADP
cjal-3258	529	7	compensation	compensation	NOUN
cjal-3258	529	8	under	under	ADP
cjal-3258	529	9	actual	actual	ADJ
cjal-3258	529	10	property	property	NOUN
cjal-3258	529	11	acquisition	acquisition	NOUN
cjal-3258	529	12	or	or	CCONJ
cjal-3258	529	13	requisition	requisition	NOUN
cjal-3258	529	14	.	.	PUNCT
cjal-3258	530	1	currently	currently	ADV
cjal-3258	530	2	,	,	PUNCT
cjal-3258	530	3	there	there	PRON
cjal-3258	530	4	is	be	VERB
cjal-3258	530	5	certainly	certainly	ADV
cjal-3258	530	6	no	no	DET
cjal-3258	530	7	equivalent	equivalent	ADJ
cjal-3258	530	8	chinese	chinese	ADJ
cjal-3258	530	9	doctrine	doctrine	NOUN
cjal-3258	530	10	of	of	ADP
cjal-3258	530	11	regulatory	regulatory	ADJ
cjal-3258	530	12	takings	taking	NOUN
cjal-3258	530	13	.	.	PUNCT
cjal-3258	531	1	this	this	PRON
cjal-3258	531	2	means	mean	VERB
cjal-3258	531	3	that	that	SCONJ
cjal-3258	531	4	tradable	tradable	ADJ
cjal-3258	531	5	shareholders	shareholder	NOUN
cjal-3258	531	6	and	and	CCONJ
cjal-3258	531	7	non	non	ADJ
cjal-3258	531	8	-	-	ADJ
cjal-3258	531	9	tradable	tradable	ADJ
cjal-3258	531	10	shareholders	shareholder	NOUN
cjal-3258	531	11	who	who	PRON
cjal-3258	531	12	suffer	suffer	VERB
cjal-3258	531	13	a	a	DET
cjal-3258	531	14	loss	loss	NOUN
cjal-3258	531	15	from	from	ADP
cjal-3258	531	16	regulations	regulation	NOUN
cjal-3258	531	17	and	and	CCONJ
cjal-3258	531	18	policies	policy	NOUN
cjal-3258	531	19	not	not	PART
cjal-3258	531	20	amounting	amount	VERB
cjal-3258	531	21	to	to	ADP
cjal-3258	531	22	property	property	NOUN
cjal-3258	531	23	acquisition	acquisition	NOUN
cjal-3258	531	24	or	or	CCONJ
cjal-3258	531	25	requisition	requisition	NOUN
cjal-3258	531	26	do	do	AUX
cjal-3258	531	27	not	not	PART
cjal-3258	531	28	have	have	VERB
cjal-3258	531	29	a	a	DET
cjal-3258	531	30	claim	claim	NOUN
cjal-3258	531	31	under	under	ADP
cjal-3258	531	32	the	the	DET
cjal-3258	531	33	provision	provision	NOUN
cjal-3258	531	34	.	.	PUNCT
cjal-3258	532	1	nonetheless	nonetheless	ADV
cjal-3258	532	2	,	,	PUNCT
cjal-3258	532	3	this	this	DET
cjal-3258	532	4	private	private	ADJ
cjal-3258	532	5	property	property	NOUN
cjal-3258	532	6	protection	protection	NOUN
cjal-3258	532	7	provision	provision	NOUN
cjal-3258	532	8	makes	make	VERB
cjal-3258	532	9	it	it	PRON
cjal-3258	532	10	theoretically	theoretically	ADV
cjal-3258	532	11	possible	possible	ADJ
cjal-3258	532	12	for	for	ADP
cjal-3258	532	13	a	a	DET
cjal-3258	532	14	corresponding	corresponding	ADJ
cjal-3258	532	15	regulatory	regulatory	ADJ
cjal-3258	532	16	takings	taking	NOUN
cjal-3258	532	17	doctrine	doctrine	NOUN
cjal-3258	532	18	to	to	PART
cjal-3258	532	19	develop	develop	VERB
cjal-3258	532	20	in	in	ADP
cjal-3258	532	21	china	china	PROPN
cjal-3258	532	22	.	.	PUNCT
cjal-3258	533	1	this	this	PRON
cjal-3258	533	2	is	be	AUX
cjal-3258	533	3	not	not	PART
cjal-3258	533	4	a	a	DET
cjal-3258	533	5	far	far	ADV
cjal-3258	533	6	-	-	PUNCT
cjal-3258	533	7	fetched	fetch	VERB
cjal-3258	533	8	thought	thought	NOUN
cjal-3258	533	9	since	since	SCONJ
cjal-3258	533	10	the	the	DET
cjal-3258	533	11	fifth	fifth	ADJ
cjal-3258	533	12	amendment	amendment	NOUN
cjal-3258	533	13	to	to	ADP
cjal-3258	533	14	the	the	DET
cjal-3258	533	15	u.s	u.s	PROPN
cjal-3258	533	16	.	.	PROPN
cjal-3258	533	17	2006	2006	NUM
cjal-3258	533	18	]	]	PUNCT
cjal-3258	533	19	323	323	NUM
cjal-3258	533	20	columbia	columbia	PROPN
cjal-3258	533	21	journal	journal	NOUN
cjal-3258	533	22	of	of	ADP
cjal-3258	533	23	asian	asian	PROPN
cjal-3258	533	24	la	la	PROPN
cjal-3258	533	25	w	w	PROPN
cjal-3258	533	26	constitution	constitution	NOUN
cjal-3258	533	27	,	,	PUNCT
cjal-3258	533	28	127	127	NUM
cjal-3258	533	29	upon	upon	SCONJ
cjal-3258	533	30	which	which	PRON
cjal-3258	533	31	the	the	DET
cjal-3258	533	32	rich	rich	ADJ
cjal-3258	533	33	u.s	u.s	PROPN
cjal-3258	533	34	.	.	PROPN
cjal-3258	533	35	doctrine	doctrine	NOUN
cjal-3258	533	36	of	of	ADP
cjal-3258	533	37	regulatory	regulatory	ADJ
cjal-3258	533	38	takings	taking	NOUN
cjal-3258	533	39	was	be	AUX
cjal-3258	533	40	founded	found	VERB
cjal-3258	533	41	,	,	PUNCT
cjal-3258	533	42	is	be	AUX
cjal-3258	533	43	not	not	PART
cjal-3258	533	44	particularly	particularly	ADV
cjal-3258	533	45	explicit	explicit	ADJ
cjal-3258	533	46	on	on	ADP
cjal-3258	533	47	the	the	DET
cjal-3258	533	48	matter	matter	NOUN
cjal-3258	533	49	as	as	ADV
cjal-3258	533	50	well	well	ADV
cjal-3258	533	51	.	.	PUNCT
cjal-3258	534	1	the	the	DET
cjal-3258	534	2	supremacy	supremacy	NOUN
cjal-3258	534	3	of	of	ADP
cjal-3258	534	4	the	the	DET
cjal-3258	534	5	constitution	constitution	NOUN
cjal-3258	534	6	under	under	ADP
cjal-3258	534	7	chinese	chinese	ADJ
cjal-3258	534	8	law	law	NOUN
cjal-3258	534	9	is	be	AUX
cjal-3258	534	10	enshrined	enshrine	VERB
cjal-3258	534	11	in	in	ADP
cjal-3258	534	12	article	article	NOUN
cjal-3258	534	13	5	5	NUM
cjal-3258	534	14	,	,	PUNCT
cjal-3258	534	15	which	which	PRON
cjal-3258	534	16	expressly	expressly	ADV
cjal-3258	534	17	provides	provide	VERB
cjal-3258	534	18	that	that	SCONJ
cjal-3258	534	19	no	no	DET
cjal-3258	534	20	law	law	NOUN
cjal-3258	534	21	or	or	CCONJ
cjal-3258	534	22	administrative	administrative	ADJ
cjal-3258	534	23	regulation	regulation	NOUN
cjal-3258	534	24	shall	shall	AUX
cjal-3258	534	25	contradict	contradict	VERB
cjal-3258	534	26	it	it	PRON
cjal-3258	534	27	and	and	CCONJ
cjal-3258	534	28	that	that	SCONJ
cjal-3258	534	29	the	the	DET
cjal-3258	534	30	constitution	constitution	NOUN
cjal-3258	534	31	must	must	AUX
cjal-3258	534	32	be	be	AUX
cjal-3258	534	33	upheld	uphold	VERB
cjal-3258	534	34	by	by	ADP
cjal-3258	534	35	all	all	DET
cjal-3258	534	36	entities	entity	NOUN
cjal-3258	534	37	,	,	PUNCT
cjal-3258	534	38	including	include	VERB
cjal-3258	534	39	government	government	NOUN
cjal-3258	534	40	organizations	organization	NOUN
cjal-3258	534	41	.	.	PUNCT
cjal-3258	535	1	128	128	NUM
cjal-3258	535	2	clearly	clearly	ADV
cjal-3258	535	3	,	,	PUNCT
cjal-3258	535	4	the	the	DET
cjal-3258	535	5	law	law	NOUN
cjal-3258	535	6	applicable	applicable	ADJ
cjal-3258	535	7	to	to	ADP
cjal-3258	535	8	remedies	remedy	NOUN
cjal-3258	535	9	under	under	ADP
cjal-3258	535	10	administrative	administrative	ADJ
cjal-3258	535	11	law	law	NOUN
cjal-3258	535	12	must	must	AUX
cjal-3258	535	13	not	not	PART
cjal-3258	535	14	contradict	contradict	VERB
cjal-3258	535	15	the	the	DET
cjal-3258	535	16	constitution	constitution	NOUN
cjal-3258	535	17	.	.	PUNCT
cjal-3258	536	1	129	129	NUM
cjal-3258	536	2	in	in	ADP
cjal-3258	536	3	practice	practice	NOUN
cjal-3258	536	4	,	,	PUNCT
cjal-3258	536	5	the	the	DET
cjal-3258	536	6	chinese	chinese	ADJ
cjal-3258	536	7	constitution	constitution	NOUN
cjal-3258	536	8	is	be	AUX
cjal-3258	536	9	seldom	seldom	ADV
cjal-3258	536	10	directly	directly	ADV
cjal-3258	536	11	applied	apply	VERB
cjal-3258	536	12	,	,	PUNCT
cjal-3258	536	13	and	and	CCONJ
cjal-3258	536	14	no	no	DET
cjal-3258	536	15	provision	provision	NOUN
cjal-3258	536	16	of	of	ADP
cjal-3258	536	17	the	the	DET
cjal-3258	536	18	constitution	constitution	NOUN
cjal-3258	536	19	has	have	AUX
cjal-3258	536	20	yet	yet	ADV
cjal-3258	536	21	been	be	AUX
cjal-3258	536	22	directly	directly	ADV
cjal-3258	536	23	referred	refer	VERB
cjal-3258	536	24	to	to	ADP
cjal-3258	536	25	and	and	CCONJ
cjal-3258	536	26	applied	apply	VERB
cjal-3258	536	27	in	in	ADP
cjal-3258	536	28	administrative	administrative	ADJ
cjal-3258	536	29	proceedings	proceeding	NOUN
cjal-3258	536	30	in	in	ADP
cjal-3258	536	31	the	the	DET
cjal-3258	536	32	chinese	chinese	ADJ
cjal-3258	536	33	courts	court	NOUN
cjal-3258	536	34	.	.	PUNCT
cjal-3258	536	35	'	'	PUNCT
cjal-3258	537	1	30	30	NUM
cjal-3258	537	2	while	while	SCONJ
cjal-3258	537	3	some	some	DET
cjal-3258	537	4	scholars	scholar	NOUN
cjal-3258	537	5	feel	feel	VERB
cjal-3258	537	6	this	this	DET
cjal-3258	537	7	situation	situation	NOUN
cjal-3258	537	8	will	will	AUX
cjal-3258	537	9	change	change	VERB
cjal-3258	537	10	as	as	SCONJ
cjal-3258	537	11	the	the	DET
cjal-3258	537	12	rule	rule	NOUN
cjal-3258	537	13	of	of	ADP
cjal-3258	537	14	law	law	NOUN
cjal-3258	537	15	develops	develop	VERB
cjal-3258	537	16	,	,	PUNCT
cjal-3258	537	17	131	131	NUM
cjal-3258	537	18	we	we	PRON
cjal-3258	537	19	acknowledge	acknowledge	VERB
cjal-3258	537	20	that	that	SCONJ
cjal-3258	537	21	the	the	DET
cjal-3258	537	22	practical	practical	ADJ
cjal-3258	537	23	applicability	applicability	NOUN
cjal-3258	537	24	of	of	ADP
cjal-3258	537	25	our	our	PRON
cjal-3258	537	26	discussion	discussion	NOUN
cjal-3258	537	27	on	on	ADP
cjal-3258	537	28	regulatory	regulatory	ADJ
cjal-3258	537	29	takings	taking	NOUN
cjal-3258	537	30	later	later	ADV
cjal-3258	537	31	on	on	ADV
cjal-3258	537	32	and	and	CCONJ
cjal-3258	537	33	regulatory	regulatory	ADJ
cjal-3258	537	34	givings	giving	NOUN
cjal-3258	537	35	in	in	ADP
cjal-3258	537	36	the	the	DET
cjal-3258	537	37	next	next	ADJ
cjal-3258	537	38	part	part	NOUN
cjal-3258	537	39	is	be	AUX
cjal-3258	537	40	severely	severely	ADV
cjal-3258	537	41	limited	limit	VERB
cjal-3258	537	42	by	by	ADP
cjal-3258	537	43	the	the	DET
cjal-3258	537	44	current	current	ADJ
cjal-3258	537	45	state	state	NOUN
cjal-3258	537	46	of	of	ADP
cjal-3258	537	47	law	law	NOUN
cjal-3258	537	48	in	in	ADP
cjal-3258	537	49	china	china	PROPN
cjal-3258	537	50	.	.	PUNCT
cjal-3258	538	1	nevertheless	nevertheless	ADV
cjal-3258	538	2	,	,	PUNCT
cjal-3258	538	3	it	it	PRON
cjal-3258	538	4	will	will	AUX
cjal-3258	538	5	still	still	ADV
cjal-3258	538	6	provide	provide	VERB
cjal-3258	538	7	a	a	DET
cjal-3258	538	8	useful	useful	ADJ
cjal-3258	538	9	reference	reference	NOUN
cjal-3258	538	10	as	as	ADP
cjal-3258	538	11	a	a	DET
cjal-3258	538	12	comparative	comparative	ADJ
cjal-3258	538	13	study	study	NOUN
cjal-3258	538	14	and	and	CCONJ
cjal-3258	538	15	may	may	AUX
cjal-3258	538	16	provide	provide	VERB
cjal-3258	538	17	guidance	guidance	NOUN
cjal-3258	538	18	for	for	ADP
cjal-3258	538	19	future	future	ADJ
cjal-3258	538	20	legal	legal	ADJ
cjal-3258	538	21	developments	development	NOUN
cjal-3258	538	22	.	.	PUNCT
cjal-3258	539	1	3	3	X
cjal-3258	539	2	.	.	X
cjal-3258	539	3	u.s	u.s	PROPN
cjal-3258	539	4	.	.	PROPN
cjal-3258	539	5	regulatory	regulatory	ADJ
cjal-3258	539	6	takings	taking	NOUN
cjal-3258	539	7	doctrine	doctrine	VERB
cjal-3258	539	8	the	the	DET
cjal-3258	539	9	u.s	u.s	PROPN
cjal-3258	539	10	.	.	PROPN
cjal-3258	539	11	supreme	supreme	PROPN
cjal-3258	539	12	court	court	PROPN
cjal-3258	539	13	in	in	ADP
cjal-3258	539	14	lingle	lingle	PROPN
cjal-3258	539	15	v.	v.	ADP
cjal-3258	539	16	chevron	chevron	PROPN
cjal-3258	539	17	132	132	NUM
cjal-3258	539	18	clarified	clarify	VERB
cjal-3258	539	19	american	american	ADJ
cjal-3258	539	20	law	law	NOUN
cjal-3258	539	21	on	on	ADP
cjal-3258	539	22	regulatory	regulatory	ADJ
cjal-3258	539	23	takings	taking	NOUN
cjal-3258	539	24	.	.	PUNCT
cjal-3258	540	1	two	two	NUM
cjal-3258	540	2	relatively	relatively	ADV
cjal-3258	540	3	narrow	narrow	ADJ
cjal-3258	540	4	categories	category	NOUN
cjal-3258	540	5	of	of	ADP
cjal-3258	540	6	regulatory	regulatory	ADJ
cjal-3258	540	7	actions	action	NOUN
cjal-3258	540	8	will	will	AUX
cjal-3258	540	9	be	be	AUX
cjal-3258	540	10	generally	generally	ADV
cjal-3258	540	11	deemed	deem	VERB
cjal-3258	540	12	per	per	ADP
cjal-3258	540	13	se	se	X
cjal-3258	540	14	takings	taking	NOUN
cjal-3258	540	15	for	for	ADP
cjal-3258	540	16	fifth	fifth	ADJ
cjal-3258	540	17	amendment	amendment	NOUN
cjal-3258	540	18	purposes	purpose	NOUN
cjal-3258	540	19	,	,	PUNCT
cjal-3258	540	20	(	(	PUNCT
cjal-3258	540	21	a	a	X
cjal-3258	540	22	)	)	PUNCT
cjal-3258	540	23	permanent	permanent	ADJ
cjal-3258	540	24	physical	physical	ADJ
cjal-3258	540	25	invasion	invasion	NOUN
cjal-3258	540	26	,	,	PUNCT
cjal-3258	540	27	however	however	ADV
cjal-3258	540	28	minor	minor	ADJ
cjal-3258	540	29	,	,	PUNCT
cjal-3258	540	30	'	'	PUNCT
cjal-3258	540	31	33	33	NUM
cjal-3258	540	32	and	and	CCONJ
cjal-3258	540	33	(	(	PUNCT
cjal-3258	540	34	b	b	NOUN
cjal-3258	540	35	)	)	PUNCT
cjal-3258	540	36	a	a	DET
cjal-3258	540	37	complete	complete	ADJ
cjal-3258	540	38	deprivation	deprivation	NOUN
cjal-3258	540	39	of	of	ADP
cjal-3258	540	40	all	all	DET
cjal-3258	540	41	economically	economically	ADV
cjal-3258	540	42	beneficial	beneficial	ADJ
cjal-3258	540	43	uses	use	NOUN
cjal-3258	540	44	of	of	ADP
cjal-3258	540	45	property	property	NOUN
cjal-3258	540	46	.	.	PUNCT
cjal-3258	540	47	'	'	PUNCT
cjal-3258	541	1	34	34	NUM
cjal-3258	541	2	outside	outside	ADP
cjal-3258	541	3	these	these	DET
cjal-3258	541	4	two	two	NUM
cjal-3258	541	5	categories	category	NOUN
cjal-3258	541	6	,	,	PUNCT
cjal-3258	541	7	the	the	DET
cjal-3258	541	8	courts	court	NOUN
cjal-3258	541	9	will	will	AUX
cjal-3258	541	10	adopt	adopt	VERB
cjal-3258	541	11	the	the	DET
cjal-3258	541	12	approach	approach	NOUN
cjal-3258	541	13	in	in	ADP
cjal-3258	541	14	penn	penn	PROPN
cjal-3258	541	15	central	central	PROPN
cjal-3258	541	16	transportation	transportation	PROPN
cjal-3258	541	17	company	company	NOUN
cjal-3258	541	18	v.	v.	ADP
cjal-3258	541	19	city	city	NOUN
cjal-3258	541	20	of	of	ADP
cjal-3258	541	21	new	new	PROPN
cjal-3258	541	22	york	york	PROPN
cjal-3258	541	23	13	13	NUM
cjal-3258	541	24	5	5	NUM
cjal-3258	541	25	and	and	CCONJ
cjal-3258	541	26	look	look	VERB
cjal-3258	541	27	into	into	ADP
cjal-3258	541	28	several	several	ADJ
cjal-3258	541	29	factors	factor	NOUN
cjal-3258	541	30	with	with	ADP
cjal-3258	541	31	"	"	PUNCT
cjal-3258	541	32	the	the	DET
cjal-3258	541	33	economic	economic	ADJ
cjal-3258	541	34	impact	impact	NOUN
cjal-3258	541	35	of	of	ADP
cjal-3258	541	36	the	the	DET
cjal-3258	541	37	regulation	regulation	NOUN
cjal-3258	541	38	of	of	ADP
cjal-3258	541	39	the	the	DET
cjal-3258	541	40	claimant	claimant	NOUN
cjal-3258	541	41	and	and	CCONJ
cjal-3258	541	42	,	,	PUNCT
cjal-3258	541	43	particularly	particularly	ADV
cjal-3258	541	44	,	,	PUNCT
cjal-3258	541	45	the	the	DET
cjal-3258	541	46	extent	extent	NOUN
cjal-3258	541	47	to	to	PART
cjal-3258	541	48	which	which	PRON
cjal-3258	541	49	the	the	DET
cjal-3258	541	50	regulation	regulation	NOUN
cjal-3258	541	51	has	have	AUX
cjal-3258	541	52	interfered	interfere	VERB
cjal-3258	541	53	with	with	ADP
cjal-3258	541	54	distinct	distinct	ADJ
cjal-3258	541	55	investment	investment	NOUN
cjal-3258	541	56	-	-	PUNCT
cjal-3258	541	57	backed	back	VERB
cjal-3258	541	58	expectations	expectation	NOUN
cjal-3258	541	59	1	1	NUM
cjal-3258	541	60	36	36	NUM
cjal-3258	541	61	127	127	NUM
cjal-3258	541	62	u.s	u.s	PROPN
cjal-3258	541	63	.	.	PROPN
cjal-3258	541	64	const	const	PROPN
cjal-3258	541	65	.	.	PUNCT
cjal-3258	542	1	amend	amend	PROPN
cjal-3258	542	2	.	.	PUNCT
cjal-3258	543	1	v	v	X
cjal-3258	543	2	,	,	PUNCT
cjal-3258	543	3	"	"	PUNCT
cjal-3258	543	4	nor	nor	CCONJ
cjal-3258	543	5	shall	shall	AUX
cjal-3258	543	6	private	private	ADJ
cjal-3258	543	7	property	property	NOUN
cjal-3258	543	8	be	be	AUX
cjal-3258	543	9	taken	take	VERB
cjal-3258	543	10	for	for	ADP
cjal-3258	543	11	public	public	ADJ
cjal-3258	543	12	use	use	NOUN
cjal-3258	543	13	,	,	PUNCT
cjal-3258	543	14	without	without	ADP
cjal-3258	543	15	just	just	ADV
cjal-3258	543	16	compensation	compensation	NOUN
cjal-3258	543	17	.	.	PUNCT
cjal-3258	543	18	"	"	PUNCT
cjal-3258	544	1	128	128	NUM
cjal-3258	544	2	see	see	VERB
cjal-3258	544	3	also	also	ADV
cjal-3258	544	4	law	law	NOUN
cjal-3258	544	5	on	on	ADP
cjal-3258	544	6	legislation	legislation	NOUN
cjal-3258	544	7	,	,	PUNCT
cjal-3258	544	8	supra	supra	PROPN
cjal-3258	544	9	note	note	NOUN
cjal-3258	544	10	116	116	NUM
cjal-3258	544	11	,	,	PUNCT
cjal-3258	544	12	§	§	PROPN
cjal-3258	544	13	78	78	NUM
cjal-3258	544	14	.	.	PUNCT
cjal-3258	545	1	129	129	NUM
cjal-3258	545	2	dong	dong	NOUN
cjal-3258	545	3	maoyun	maoyun	NOUN
cjal-3258	545	4	et	et	PROPN
cjal-3258	545	5	al	al	PROPN
cjal-3258	545	6	.	.	PROPN
cjal-3258	545	7	,	,	PUNCT
cjal-3258	545	8	supra	supra	PROPN
cjal-3258	545	9	note	note	PROPN
cjal-3258	545	10	117	117	NUM
cjal-3258	545	11	,	,	PUNCT
cjal-3258	545	12	at	at	ADP
cjal-3258	545	13	525	525	NUM
cjal-3258	545	14	.	.	NUM
cjal-3258	545	15	130	130	NUM
cjal-3258	546	1	i	i	PRON
cjal-3258	546	2	d.	d.	NOUN
cjal-3258	546	3	at	at	ADP
cjal-3258	546	4	19	19	NUM
cjal-3258	546	5	.	.	PUNCT
cjal-3258	547	1	131	131	NUM
cjal-3258	548	1	i	i	PRON
cjal-3258	548	2	d.	d.	PROPN
cjal-3258	548	3	132	132	NUM
cjal-3258	548	4	544	544	NUM
cjal-3258	548	5	u.s	u.s	PROPN
cjal-3258	548	6	.	.	PROPN
cjal-3258	548	7	528	528	NUM
cjal-3258	548	8	.	.	X
cjal-3258	548	9	133	133	NUM
cjal-3258	548	10	loretto	loretto	NOUN
cjal-3258	548	11	v.	v.	ADP
cjal-3258	548	12	teleprompter	teleprompter	PROPN
cjal-3258	548	13	manhattan	manhattan	PROPN
cjal-3258	548	14	catv	catv	PROPN
cjal-3258	548	15	corp	corp	PROPN
cjal-3258	548	16	.	.	PROPN
cjal-3258	548	17	,	,	PUNCT
cjal-3258	548	18	458	458	NUM
cjal-3258	548	19	u.s	u.s	PROPN
cjal-3258	548	20	.	.	PROPN
cjal-3258	548	21	419	419	NUM
cjal-3258	548	22	(	(	PUNCT
cjal-3258	548	23	1982	1982	NUM
cjal-3258	548	24	)	)	PUNCT
cjal-3258	548	25	.	.	PUNCT
cjal-3258	549	1	134	134	NUM
cjal-3258	549	2	lucas	lucas	PROPN
cjal-3258	549	3	v.	v.	PROPN
cjal-3258	549	4	south	south	PROPN
cjal-3258	549	5	carolina	carolina	PROPN
cjal-3258	549	6	coastal	coastal	PROPN
cjal-3258	549	7	council	council	PROPN
cjal-3258	549	8	,	,	PUNCT
cjal-3258	549	9	505	505	NUM
cjal-3258	549	10	u.s	u.s	PROPN
cjal-3258	549	11	.	.	PROPN
cjal-3258	549	12	1003	1003	NUM
cjal-3258	549	13	(	(	PUNCT
cjal-3258	549	14	1992	1992	NUM
cjal-3258	549	15	)	)	PUNCT
cjal-3258	549	16	.	.	PUNCT
cjal-3258	550	1	13	13	NUM
cjal-3258	550	2	'	'	PART
cjal-3258	550	3	438	438	NUM
cjal-3258	550	4	u.s	u.s	PROPN
cjal-3258	550	5	.	.	PROPN
cjal-3258	550	6	104	104	NUM
cjal-3258	550	7	(	(	PUNCT
cjal-3258	550	8	1978	1978	NUM
cjal-3258	550	9	)	)	PUNCT
cjal-3258	550	10	.	.	PUNCT
cjal-3258	551	1	1	1	NUM
cjal-3258	551	2	36	36	NUM
cjal-3258	551	3	i	i	PRON
cjal-3258	551	4	d.	d.	PROPN
cjal-3258	551	5	at	at	ADP
cjal-3258	551	6	124	124	NUM
cjal-3258	551	7	.	.	PUNCT
cjal-3258	552	1	[	[	X
cjal-3258	552	2	20:1	20:1	NUM
cjal-3258	552	3	regula	regula	NOUN
cjal-3258	552	4	tory	tory	NOUN
cjal-3258	552	5	givings	giving	NOUN
cjal-3258	552	6	in	in	ADP
cjal-3258	552	7	china	china	PROPN
cjal-3258	552	8	as	as	ADP
cjal-3258	552	9	the	the	DET
cjal-3258	552	10	primary	primary	ADJ
cjal-3258	552	11	factors	factor	NOUN
cjal-3258	552	12	.	.	PUNCT
cjal-3258	553	1	also	also	ADV
cjal-3258	553	2	,	,	PUNCT
cjal-3258	553	3	the	the	DET
cjal-3258	553	4	degree	degree	NOUN
cjal-3258	553	5	in	in	ADP
cjal-3258	553	6	diminution	diminution	NOUN
cjal-3258	553	7	of	of	ADP
cjal-3258	553	8	value	value	NOUN
cjal-3258	553	9	and	and	CCONJ
cjal-3258	553	10	the	the	DET
cjal-3258	553	11	"	"	PUNCT
cjal-3258	553	12	character	character	NOUN
cjal-3258	553	13	of	of	ADP
cjal-3258	553	14	the	the	DET
cjal-3258	553	15	government	government	NOUN
cjal-3258	553	16	action	action	NOUN
cjal-3258	553	17	"	"	PUNCT
cjal-3258	553	18	'	'	PUNCT
cjal-3258	553	19	37	37	NUM
cjal-3258	553	20	for	for	ADP
cjal-3258	553	21	instance	instance	NOUN
cjal-3258	553	22	whether	whether	SCONJ
cjal-3258	553	23	it	it	PRON
cjal-3258	553	24	amounts	amount	VERB
cjal-3258	553	25	to	to	ADP
cjal-3258	553	26	a	a	DET
cjal-3258	553	27	physical	physical	ADJ
cjal-3258	553	28	invasion	invasion	NOUN
cjal-3258	553	29	or	or	CCONJ
cjal-3258	553	30	instead	instead	ADV
cjal-3258	553	31	merely	merely	ADV
cjal-3258	553	32	affects	affect	VERB
cjal-3258	553	33	property	property	NOUN
cjal-3258	553	34	interests	interest	NOUN
cjal-3258	553	35	through	through	ADP
cjal-3258	553	36	"	"	PUNCT
cjal-3258	553	37	some	some	DET
cjal-3258	553	38	public	public	ADJ
cjal-3258	553	39	program	program	NOUN
cjal-3258	553	40	adjusting	adjust	VERB
cjal-3258	553	41	the	the	DET
cjal-3258	553	42	benefits	benefit	NOUN
cjal-3258	553	43	and	and	CCONJ
cjal-3258	553	44	burdens	burden	NOUN
cjal-3258	553	45	of	of	ADP
cjal-3258	553	46	economic	economic	ADJ
cjal-3258	553	47	life	life	NOUN
cjal-3258	553	48	to	to	PART
cjal-3258	553	49	promote	promote	VERB
cjal-3258	553	50	the	the	DET
cjal-3258	553	51	common	common	ADJ
cjal-3258	553	52	good	good	NOUN
cjal-3258	553	53	"	"	PUNCT
cjal-3258	553	54	''	''	PUNCT
cjal-3258	553	55	38	38	NUM
cjal-3258	553	56	may	may	AUX
cjal-3258	553	57	be	be	AUX
cjal-3258	553	58	relevant	relevant	ADJ
cjal-3258	553	59	in	in	ADP
cjal-3258	553	60	discerning	discern	VERB
cjal-3258	553	61	whether	whether	SCONJ
cjal-3258	553	62	a	a	DET
cjal-3258	553	63	taking	taking	NOUN
cjal-3258	553	64	has	have	AUX
cjal-3258	553	65	occurred	occur	VERB
cjal-3258	553	66	.	.	PUNCT
cjal-3258	554	1	on	on	ADP
cjal-3258	554	2	the	the	DET
cjal-3258	554	3	other	other	ADJ
cjal-3258	554	4	hand	hand	NOUN
cjal-3258	554	5	,	,	PUNCT
cjal-3258	554	6	the	the	DET
cjal-3258	554	7	substantial	substantial	ADJ
cjal-3258	554	8	advancement	advancement	NOUN
cjal-3258	554	9	test	test	NOUN
cjal-3258	554	10	of	of	ADP
cjal-3258	554	11	whether	whether	SCONJ
cjal-3258	554	12	the	the	DET
cjal-3258	554	13	government	government	NOUN
cjal-3258	554	14	has	have	AUX
cjal-3258	554	15	"	"	PUNCT
cjal-3258	554	16	substantially	substantially	ADV
cjal-3258	554	17	advance	advance	VERB
cjal-3258	554	18	legitimate	legitimate	ADJ
cjal-3258	554	19	state	state	NOUN
cjal-3258	554	20	interest	interest	NOUN
cjal-3258	554	21	"	"	PUNCT
cjal-3258	554	22	as	as	SCONJ
cjal-3258	554	23	held	hold	VERB
cjal-3258	554	24	in	in	ADP
cjal-3258	554	25	agins	agin	NOUN
cjal-3258	554	26	v.	v.	ADP
cjal-3258	554	27	city	city	NOUN
cjal-3258	554	28	of	of	ADP
cjal-3258	554	29	tiburon,139	tiburon,139	PRON
cjal-3258	554	30	was	be	AUX
cjal-3258	554	31	held	hold	VERB
cjal-3258	554	32	to	to	PART
cjal-3258	554	33	be	be	AUX
cjal-3258	554	34	inapplicable	inapplicable	ADJ
cjal-3258	554	35	to	to	ADP
cjal-3258	554	36	takings	taking	NOUN
cjal-3258	554	37	doctrine	doctrine	NOUN
cjal-3258	554	38	.	.	PUNCT
cjal-3258	555	1	rather	rather	ADV
cjal-3258	555	2	,	,	PUNCT
cjal-3258	555	3	its	its	PRON
cjal-3258	555	4	proper	proper	ADJ
cjal-3258	555	5	place	place	NOUN
cjal-3258	555	6	is	be	AUX
cjal-3258	555	7	in	in	ADP
cjal-3258	555	8	the	the	DET
cjal-3258	555	9	fourteen	fourteen	NUM
cjal-3258	555	10	amendment	amendment	NOUN
cjal-3258	555	11	's	's	PART
cjal-3258	555	12	due	due	ADJ
cjal-3258	555	13	process	process	NOUN
cjal-3258	555	14	jurisprudence	jurisprudence	NOUN
cjal-3258	555	15	.	.	PUNCT
cjal-3258	556	1	applying	apply	VERB
cjal-3258	556	2	the	the	DET
cjal-3258	556	3	u.s	u.s	PROPN
cjal-3258	556	4	.	.	PROPN
cjal-3258	556	5	law	law	NOUN
cjal-3258	556	6	on	on	ADP
cjal-3258	556	7	regulatory	regulatory	ADJ
cjal-3258	556	8	takings	taking	NOUN
cjal-3258	556	9	to	to	ADP
cjal-3258	556	10	the	the	DET
cjal-3258	556	11	chinese	chinese	ADJ
cjal-3258	556	12	scenario	scenario	NOUN
cjal-3258	556	13	,	,	PUNCT
cjal-3258	556	14	we	we	PRON
cjal-3258	556	15	conclude	conclude	VERB
cjal-3258	556	16	that	that	SCONJ
cjal-3258	556	17	it	it	PRON
cjal-3258	556	18	still	still	ADV
cjal-3258	556	19	fails	fail	VERB
cjal-3258	556	20	to	to	PART
cjal-3258	556	21	provide	provide	VERB
cjal-3258	556	22	a	a	DET
cjal-3258	556	23	legal	legal	ADJ
cjal-3258	556	24	basis	basis	NOUN
cjal-3258	556	25	for	for	ADP
cjal-3258	556	26	compensation	compensation	NOUN
cjal-3258	556	27	.	.	PUNCT
cjal-3258	557	1	since	since	SCONJ
cjal-3258	557	2	the	the	DET
cjal-3258	557	3	granting	granting	NOUN
cjal-3258	557	4	of	of	ADP
cjal-3258	557	5	trading	trading	NOUN
cjal-3258	557	6	rights	right	NOUN
cjal-3258	557	7	to	to	ADP
cjal-3258	557	8	non	non	ADJ
cjal-3258	557	9	-	-	ADJ
cjal-3258	557	10	tradable	tradable	ADJ
cjal-3258	557	11	shares	share	NOUN
cjal-3258	557	12	neither	neither	CCONJ
cjal-3258	557	13	physically	physically	ADV
cjal-3258	557	14	invades	invade	VERB
cjal-3258	557	15	the	the	DET
cjal-3258	557	16	tradable	tradable	ADJ
cjal-3258	557	17	shareholders	shareholder	NOUN
cjal-3258	557	18	'	'	PART
cjal-3258	557	19	property	property	NOUN
cjal-3258	557	20	nor	nor	CCONJ
cjal-3258	557	21	completely	completely	ADV
cjal-3258	557	22	deprives	deprive	VERB
cjal-3258	557	23	them	they	PRON
cjal-3258	557	24	of	of	ADP
cjal-3258	557	25	all	all	DET
cjal-3258	557	26	economically	economically	ADV
cjal-3258	557	27	beneficial	beneficial	ADJ
cjal-3258	557	28	use	use	NOUN
cjal-3258	557	29	of	of	ADP
cjal-3258	557	30	property	property	NOUN
cjal-3258	557	31	,	,	PUNCT
cjal-3258	557	32	the	the	DET
cjal-3258	557	33	penn	penn	PROPN
cjal-3258	557	34	central	central	PROPN
cjal-3258	557	35	multi	multi	ADJ
cjal-3258	557	36	-	-	ADJ
cjal-3258	557	37	factors	factor	NOUN
cjal-3258	557	38	test	test	NOUN
cjal-3258	557	39	must	must	AUX
cjal-3258	557	40	be	be	AUX
cjal-3258	557	41	satisfied	satisfied	ADJ
cjal-3258	557	42	.	.	PUNCT
cjal-3258	558	1	the	the	DET
cjal-3258	558	2	tradable	tradable	ADJ
cjal-3258	558	3	shareholders	shareholder	NOUN
cjal-3258	558	4	can	can	AUX
cjal-3258	558	5	make	make	VERB
cjal-3258	558	6	out	out	ADP
cjal-3258	558	7	a	a	DET
cjal-3258	558	8	reasonable	reasonable	ADJ
cjal-3258	558	9	case	case	NOUN
cjal-3258	558	10	by	by	ADP
cjal-3258	558	11	arguing	argue	VERB
cjal-3258	558	12	that	that	SCONJ
cjal-3258	558	13	their	their	PRON
cjal-3258	558	14	distinct	distinct	ADJ
cjal-3258	558	15	investment	investment	NOUN
cjal-3258	558	16	-	-	PUNCT
cjal-3258	558	17	backed	back	VERB
cjal-3258	558	18	expectations	expectation	NOUN
cjal-3258	558	19	have	have	AUX
cjal-3258	558	20	been	be	AUX
cjal-3258	558	21	interfered	interfere	VERB
cjal-3258	558	22	with	with	ADP
cjal-3258	558	23	by	by	ADP
cjal-3258	558	24	the	the	DET
cjal-3258	558	25	granting	granting	NOUN
cjal-3258	558	26	of	of	ADP
cjal-3258	558	27	trading	trading	NOUN
cjal-3258	558	28	rights	right	NOUN
cjal-3258	558	29	,	,	PUNCT
cjal-3258	558	30	but	but	CCONJ
cjal-3258	558	31	the	the	DET
cjal-3258	558	32	courts	court	NOUN
cjal-3258	558	33	will	will	AUX
cjal-3258	558	34	also	also	ADV
cjal-3258	558	35	be	be	AUX
cjal-3258	558	36	aware	aware	ADJ
cjal-3258	558	37	that	that	SCONJ
cjal-3258	558	38	the	the	DET
cjal-3258	558	39	prohibition	prohibition	NOUN
cjal-3258	558	40	on	on	ADP
cjal-3258	558	41	trading	trading	NOUN
cjal-3258	558	42	was	be	AUX
cjal-3258	558	43	to	to	PART
cjal-3258	558	44	be	be	AUX
cjal-3258	558	45	"	"	PUNCT
cjal-3258	558	46	temporarily	temporarily	ADV
cjal-3258	558	47	"	"	PUNCT
cjal-3258	558	48	imposed	impose	VERB
cjal-3258	558	49	.	.	PUNCT
cjal-3258	559	1	though	though	SCONJ
cjal-3258	559	2	the	the	DET
cjal-3258	559	3	amount	amount	NOUN
cjal-3258	559	4	of	of	ADP
cjal-3258	559	5	diminution	diminution	NOUN
cjal-3258	559	6	in	in	ADP
cjal-3258	559	7	value	value	NOUN
cjal-3258	559	8	is	be	AUX
cjal-3258	559	9	neither	neither	CCONJ
cjal-3258	559	10	insignificant	insignificant	ADJ
cjal-3258	559	11	nor	nor	CCONJ
cjal-3258	559	12	particularly	particularly	ADV
cjal-3258	559	13	compelling	compelling	ADJ
cjal-3258	559	14	for	for	ADP
cjal-3258	559	15	compensation	compensation	NOUN
cjal-3258	559	16	,	,	PUNCT
cjal-3258	559	17	the	the	DET
cjal-3258	559	18	regulatory	regulatory	ADJ
cjal-3258	559	19	granting	granting	NOUN
cjal-3258	559	20	of	of	ADP
cjal-3258	559	21	the	the	DET
cjal-3258	559	22	trading	trading	NOUN
cjal-3258	559	23	rights	right	NOUN
cjal-3258	559	24	is	be	AUX
cjal-3258	559	25	quite	quite	ADV
cjal-3258	559	26	clearly	clearly	ADV
cjal-3258	559	27	a	a	DET
cjal-3258	559	28	capital	capital	NOUN
cjal-3258	559	29	market	market	NOUN
cjal-3258	559	30	reform	reform	NOUN
cjal-3258	559	31	which	which	PRON
cjal-3258	559	32	aims	aim	VERB
cjal-3258	559	33	at	at	ADP
cjal-3258	559	34	promoting	promote	VERB
cjal-3258	559	35	the	the	DET
cjal-3258	559	36	common	common	ADJ
cjal-3258	559	37	good	good	NOUN
cjal-3258	559	38	.	.	PUNCT
cjal-3258	560	1	the	the	DET
cjal-3258	560	2	major	major	ADJ
cjal-3258	560	3	obstacle	obstacle	NOUN
cjal-3258	560	4	,	,	PUNCT
cjal-3258	560	5	however	however	ADV
cjal-3258	560	6	,	,	PUNCT
cjal-3258	560	7	is	be	AUX
cjal-3258	560	8	that	that	SCONJ
cjal-3258	560	9	tradable	tradable	ADJ
cjal-3258	560	10	shareholders	shareholder	NOUN
cjal-3258	560	11	are	be	AUX
cjal-3258	560	12	not	not	PART
cjal-3258	560	13	the	the	DET
cjal-3258	560	14	targets	target	NOUN
cjal-3258	560	15	of	of	ADP
cjal-3258	560	16	the	the	DET
cjal-3258	560	17	regulatory	regulatory	ADJ
cjal-3258	560	18	granting	granting	NOUN
cjal-3258	560	19	of	of	ADP
cjal-3258	560	20	trading	trading	NOUN
cjal-3258	560	21	rights	right	NOUN
cjal-3258	560	22	to	to	ADP
cjal-3258	560	23	non	non	ADJ
cjal-3258	560	24	-	-	ADJ
cjal-3258	560	25	tradable	tradable	ADJ
cjal-3258	560	26	shares	share	NOUN
cjal-3258	560	27	.	.	PUNCT
cjal-3258	561	1	tradable	tradable	ADJ
cjal-3258	561	2	shareholders	shareholder	NOUN
cjal-3258	561	3	may	may	AUX
cjal-3258	561	4	find	find	VERB
cjal-3258	561	5	it	it	PRON
cjal-3258	561	6	difficult	difficult	ADJ
cjal-3258	561	7	to	to	PART
cjal-3258	561	8	obtain	obtain	VERB
cjal-3258	561	9	locus	locus	ADJ
cjal-3258	561	10	standi	standi	NOUN
cjal-3258	561	11	to	to	PART
cjal-3258	561	12	bring	bring	VERB
cjal-3258	561	13	an	an	DET
cjal-3258	561	14	action	action	NOUN
cjal-3258	561	15	.	.	PUNCT
cjal-3258	562	1	the	the	DET
cjal-3258	562	2	courts	court	NOUN
cjal-3258	562	3	will	will	AUX
cjal-3258	562	4	also	also	ADV
cjal-3258	562	5	be	be	AUX
cjal-3258	562	6	less	less	ADV
cjal-3258	562	7	likely	likely	ADJ
cjal-3258	562	8	to	to	PART
cjal-3258	562	9	find	find	VERB
cjal-3258	562	10	in	in	ADP
cjal-3258	562	11	favor	favor	NOUN
cjal-3258	562	12	of	of	ADP
cjal-3258	562	13	the	the	DET
cjal-3258	562	14	tradable	tradable	ADJ
cjal-3258	562	15	shareholders	shareholder	NOUN
cjal-3258	562	16	since	since	SCONJ
cjal-3258	562	17	action	action	NOUN
cjal-3258	562	18	for	for	ADP
cjal-3258	562	19	derivative	derivative	ADJ
cjal-3258	562	20	takings140	takings140	PROPN
cjal-3258	562	21	are	be	AUX
cjal-3258	562	22	yet	yet	ADV
cjal-3258	562	23	to	to	PART
cjal-3258	562	24	succeed	succeed	VERB
cjal-3258	562	25	in	in	ADP
cjal-3258	562	26	u.s	u.s	PROPN
cjal-3258	562	27	.	.	PROPN
cjal-3258	562	28	courts	court	NOUN
cjal-3258	562	29	.	.	PUNCT
cjal-3258	563	1	there	there	PRON
cjal-3258	563	2	are	be	VERB
cjal-3258	563	3	concerns	concern	NOUN
cjal-3258	563	4	of	of	ADP
cjal-3258	563	5	opening	open	VERB
cjal-3258	563	6	the	the	DET
cjal-3258	563	7	floodgates	floodgate	NOUN
cjal-3258	563	8	'	'	PART
cjal-3258	563	9	4	4	NUM
cjal-3258	563	10	'	'	PUNCT
cjal-3258	563	11	and	and	CCONJ
cjal-3258	563	12	over	over	ADV
cjal-3258	563	13	-	-	PUNCT
cjal-3258	563	14	restricting	restrict	VERB
cjal-3258	563	15	government	government	NOUN
cjal-3258	563	16	power	power	NOUN
cjal-3258	563	17	.	.	PUNCT
cjal-3258	564	1	as	as	SCONJ
cjal-3258	564	2	held	hold	VERB
cjal-3258	564	3	in	in	ADP
cjal-3258	564	4	pennsylvania	pennsylvania	PROPN
cjal-3258	564	5	coal	coal	PROPN
cjal-3258	564	6	co.	co.	PROPN
cjal-3258	564	7	v.	v.	ADP
cjal-3258	564	8	mahon	mahon	PROPN
cjal-3258	564	9	and	and	CCONJ
cjal-3258	564	10	endorsed	endorse	VERB
cjal-3258	564	11	in	in	ADP
cjal-3258	564	12	lingle	lingle	NOUN
cjal-3258	564	13	,	,	PUNCT
cjal-3258	564	14	"	"	PUNCT
cjal-3258	564	15	government	government	NOUN
cjal-3258	564	16	hardly	hardly	ADV
cjal-3258	564	17	could	could	AUX
cjal-3258	564	18	go	go	VERB
cjal-3258	564	19	on	on	ADV
cjal-3258	564	20	if	if	SCONJ
cjal-3258	564	21	to	to	ADP
cjal-3258	564	22	some	some	DET
cjal-3258	564	23	extent	extent	NOUN
cjal-3258	564	24	values	value	NOUN
cjal-3258	564	25	incident	incident	NOUN
cjal-3258	564	26	to	to	ADP
cjal-3258	564	27	property	property	NOUN
cjal-3258	564	28	could	could	AUX
cjal-3258	564	29	not	not	PART
cjal-3258	564	30	be	be	AUX
cjal-3258	564	31	diminished	diminish	VERB
cjal-3258	564	32	without	without	ADP
cjal-3258	564	33	paying	pay	VERB
cjal-3258	564	34	for	for	ADP
cjal-3258	564	35	every	every	DET
cjal-3258	564	36	such	such	ADJ
cjal-3258	564	37	change	change	NOUN
cjal-3258	564	38	in	in	ADP
cjal-3258	564	39	the	the	DET
cjal-3258	564	40	general	general	ADJ
cjal-3258	564	41	law	law	NOUN
cjal-3258	564	42	.	.	PUNCT
cjal-3258	564	43	"	"	PUNCT
cjal-3258	565	1	142	142	NUM
cjal-3258	565	2	the	the	DET
cjal-3258	565	3	...	...	PUNCT
cjal-3258	566	1	i	i	PRON
cjal-3258	566	2	d.	d.	PROPN
cjal-3258	566	3	at	at	ADP
cjal-3258	566	4	124	124	NUM
cjal-3258	566	5	.	.	PUNCT
cjal-3258	567	1	138	138	NUM
cjal-3258	568	1	i	i	PRON
cjal-3258	568	2	d.	d.	PROPN
cjal-3258	568	3	at	at	ADP
cjal-3258	568	4	124	124	NUM
cjal-3258	568	5	.	.	PUNCT
cjal-3258	569	1	139	139	NUM
cjal-3258	569	2	447	447	NUM
cjal-3258	569	3	u.s	u.s	PROPN
cjal-3258	569	4	.	.	PROPN
cjal-3258	569	5	255	255	NUM
cjal-3258	569	6	(	(	PUNCT
cjal-3258	569	7	1980	1980	NUM
cjal-3258	569	8	)	)	PUNCT
cjal-3258	569	9	.	.	PUNCT
cjal-3258	570	1	140	140	NUM
cjal-3258	570	2	derivative	derivative	ADJ
cjal-3258	570	3	takings	taking	NOUN
cjal-3258	570	4	refer	refer	VERB
cjal-3258	570	5	to	to	ADP
cjal-3258	570	6	the	the	DET
cjal-3258	570	7	diminution	diminution	NOUN
cjal-3258	570	8	of	of	ADP
cjal-3258	570	9	property	property	NOUN
cjal-3258	570	10	value	value	NOUN
cjal-3258	570	11	indirectly	indirectly	ADV
cjal-3258	570	12	caused	cause	VERB
cjal-3258	570	13	by	by	ADP
cjal-3258	570	14	an	an	DET
cjal-3258	570	15	actual	actual	ADJ
cjal-3258	570	16	taking	taking	NOUN
cjal-3258	570	17	or	or	CCONJ
cjal-3258	570	18	regulatory	regulatory	ADJ
cjal-3258	570	19	taking	taking	NOUN
cjal-3258	570	20	.	.	PUNCT
cjal-3258	571	1	see	see	VERB
cjal-3258	571	2	abraham	abraham	PROPN
cjal-3258	571	3	bell	bell	PROPN
cjal-3258	571	4	&	&	CCONJ
cjal-3258	571	5	gideon	gideon	PROPN
cjal-3258	571	6	parchomovsky	parchomovsky	PROPN
cjal-3258	571	7	,	,	PUNCT
cjal-3258	571	8	takings	taking	NOUN
cjal-3258	571	9	reassessed	reassess	VERB
cjal-3258	571	10	,	,	PUNCT
cjal-3258	571	11	87	87	NUM
cjal-3258	571	12	va	va	NOUN
cjal-3258	571	13	.	.	PUNCT
cjal-3258	572	1	l.	l.	PROPN
cjal-3258	572	2	rev	rev	PROPN
cjal-3258	572	3	.	.	PROPN
cjal-3258	573	1	277	277	NUM
cjal-3258	573	2	(	(	PUNCT
cjal-3258	573	3	2001	2001	NUM
cjal-3258	573	4	)	)	PUNCT
cjal-3258	573	5	.	.	PUNCT
cjal-3258	574	1	141	141	NUM
cjal-3258	575	1	i	i	PRON
cjal-3258	575	2	d.	d.	PROPN
cjal-3258	575	3	at	at	ADP
cjal-3258	575	4	299	299	NUM
cjal-3258	575	5	&	&	CCONJ
cjal-3258	575	6	n.86	n.86	PROPN
cjal-3258	575	7	.	.	PROPN
cjal-3258	575	8	142	142	NUM
cjal-3258	575	9	260	260	NUM
cjal-3258	575	10	u.s	u.s	PROPN
cjal-3258	575	11	.	.	PROPN
cjal-3258	575	12	393	393	NUM
cjal-3258	575	13	,	,	PUNCT
cjal-3258	575	14	413	413	NUM
cjal-3258	575	15	(	(	PUNCT
cjal-3258	575	16	1922	1922	NUM
cjal-3258	575	17	)	)	PUNCT
cjal-3258	575	18	;	;	PUNCT
cjal-3258	575	19	544	544	NUM
cjal-3258	575	20	u.s	u.s	PROPN
cjal-3258	575	21	.	.	PROPN
cjal-3258	575	22	,	,	PUNCT
cjal-3258	575	23	at	at	ADP
cjal-3258	575	24	538	538	NUM
cjal-3258	575	25	(	(	PUNCT
cjal-3258	575	26	quoting	quote	VERB
cjal-3258	575	27	pennsylvania	pennsylvania	PROPN
cjal-3258	575	28	coal	coal	PROPN
cjal-3258	575	29	)	)	PUNCT
cjal-3258	575	30	.	.	PUNCT
cjal-3258	576	1	2006	2006	NUM
cjal-3258	576	2	]	]	PUNCT
cjal-3258	576	3	columbia	columbia	PROPN
cjal-3258	576	4	journal	journal	PROPN
cjal-3258	576	5	of	of	ADP
cjal-3258	576	6	asian	asian	ADJ
cjal-3258	576	7	law	law	NOUN
cjal-3258	576	8	unwillingness	unwillingness	NOUN
cjal-3258	576	9	to	to	PART
cjal-3258	576	10	extend	extend	VERB
cjal-3258	576	11	compensation	compensation	NOUN
cjal-3258	576	12	to	to	ADP
cjal-3258	576	13	those	those	PRON
cjal-3258	576	14	who	who	PRON
cjal-3258	576	15	suffered	suffer	VERB
cjal-3258	576	16	indirect	indirect	ADJ
cjal-3258	576	17	but	but	CCONJ
cjal-3258	576	18	nevertheless	nevertheless	ADV
cjal-3258	576	19	substantial	substantial	ADJ
cjal-3258	576	20	loss	loss	NOUN
cjal-3258	576	21	is	be	AUX
cjal-3258	576	22	evident	evident	ADJ
cjal-3258	576	23	in	in	ADP
cjal-3258	576	24	the	the	DET
cjal-3258	576	25	case	case	NOUN
cjal-3258	576	26	of	of	ADP
cjal-3258	576	27	united	united	PROPN
cjal-3258	576	28	states	states	PROPN
cjal-3258	576	29	v	v	AUX
cjal-3258	576	30	causby,143	causby,143	VERB
cjal-3258	576	31	where	where	SCONJ
cjal-3258	576	32	it	it	PRON
cjal-3258	576	33	was	be	AUX
cjal-3258	576	34	held	hold	VERB
cjal-3258	576	35	that	that	SCONJ
cjal-3258	576	36	only	only	ADV
cjal-3258	576	37	property	property	NOUN
cjal-3258	576	38	owners	owner	NOUN
cjal-3258	576	39	directly	directly	ADV
cjal-3258	576	40	under	under	ADP
cjal-3258	576	41	an	an	DET
cjal-3258	576	42	established	establish	VERB
cjal-3258	576	43	air	air	NOUN
cjal-3258	576	44	route	route	NOUN
cjal-3258	576	45	were	be	AUX
cjal-3258	576	46	entitled	entitle	VERB
cjal-3258	576	47	to	to	ADP
cjal-3258	576	48	compensation	compensation	NOUN
cjal-3258	576	49	for	for	ADP
cjal-3258	576	50	the	the	DET
cjal-3258	576	51	taking	taking	NOUN
cjal-3258	576	52	of	of	ADP
cjal-3258	576	53	the	the	DET
cjal-3258	576	54	property	property	NOUN
cjal-3258	576	55	while	while	SCONJ
cjal-3258	576	56	the	the	DET
cjal-3258	576	57	neighboring	neighboring	NOUN
cjal-3258	576	58	property	property	NOUN
cjal-3258	576	59	owners	owner	NOUN
cjal-3258	576	60	were	be	AUX
cjal-3258	576	61	not	not	PART
cjal-3258	576	62	,	,	PUNCT
cjal-3258	576	63	even	even	ADV
cjal-3258	576	64	though	though	SCONJ
cjal-3258	576	65	their	their	PRON
cjal-3258	576	66	loss	loss	NOUN
cjal-3258	576	67	in	in	ADP
cjal-3258	576	68	property	property	NOUN
cjal-3258	576	69	value	value	NOUN
cjal-3258	576	70	was	be	AUX
cjal-3258	576	71	not	not	PART
cjal-3258	576	72	any	any	PRON
cjal-3258	576	73	less	less	ADV
cjal-3258	576	74	significant	significant	ADJ
cjal-3258	576	75	.	.	PUNCT
cjal-3258	577	1	this	this	DET
cjal-3258	577	2	rule	rule	NOUN
cjal-3258	577	3	was	be	AUX
cjal-3258	577	4	maintained	maintain	VERB
cjal-3258	577	5	by	by	ADP
cjal-3258	577	6	the	the	DET
cjal-3258	577	7	supreme	supreme	PROPN
cjal-3258	577	8	court	court	PROPN
cjal-3258	577	9	in	in	ADP
cjal-3258	577	10	lucas144	lucas144	PROPN
cjal-3258	577	11	where	where	SCONJ
cjal-3258	577	12	the	the	DET
cjal-3258	577	13	anomaly	anomaly	NOUN
cjal-3258	577	14	created	create	VERB
cjal-3258	577	15	by	by	ADP
cjal-3258	577	16	the	the	DET
cjal-3258	577	17	gross	gross	ADJ
cjal-3258	577	18	disparity	disparity	NOUN
cjal-3258	577	19	of	of	ADP
cjal-3258	577	20	the	the	DET
cjal-3258	577	21	outcome	outcome	NOUN
cjal-3258	577	22	was	be	AUX
cjal-3258	577	23	noted	note	VERB
cjal-3258	577	24	.	.	PUNCT
cjal-3258	578	1	in	in	ADP
cjal-3258	578	2	our	our	PRON
cjal-3258	578	3	chinese	chinese	ADJ
cjal-3258	578	4	scenario	scenario	NOUN
cjal-3258	578	5	,	,	PUNCT
cjal-3258	578	6	the	the	DET
cjal-3258	578	7	tradable	tradable	ADJ
cjal-3258	578	8	shares	share	NOUN
cjal-3258	578	9	still	still	ADV
cjal-3258	578	10	retain	retain	VERB
cjal-3258	578	11	their	their	PRON
cjal-3258	578	12	usual	usual	ADJ
cjal-3258	578	13	rights	right	NOUN
cjal-3258	578	14	associated	associate	VERB
cjal-3258	578	15	with	with	ADP
cjal-3258	578	16	the	the	DET
cjal-3258	578	17	shares	share	NOUN
cjal-3258	578	18	such	such	ADJ
cjal-3258	578	19	as	as	ADP
cjal-3258	578	20	voting	voting	NOUN
cjal-3258	578	21	and	and	CCONJ
cjal-3258	578	22	other	other	ADJ
cjal-3258	578	23	shareholders	shareholder	NOUN
cjal-3258	578	24	rights	right	NOUN
cjal-3258	578	25	.	.	PUNCT
cjal-3258	579	1	a	a	DET
cjal-3258	579	2	significant	significant	ADJ
cjal-3258	579	3	and	and	CCONJ
cjal-3258	579	4	substantial	substantial	ADJ
cjal-3258	579	5	part	part	NOUN
cjal-3258	579	6	of	of	ADP
cjal-3258	579	7	the	the	DET
cjal-3258	579	8	original	original	ADJ
cjal-3258	579	9	share	share	NOUN
cjal-3258	579	10	prices	price	NOUN
cjal-3258	579	11	remains	remain	VERB
cjal-3258	579	12	despite	despite	SCONJ
cjal-3258	579	13	the	the	DET
cjal-3258	579	14	fall	fall	NOUN
cjal-3258	579	15	in	in	ADP
cjal-3258	579	16	share	share	NOUN
cjal-3258	579	17	prices	price	NOUN
cjal-3258	579	18	from	from	ADP
cjal-3258	579	19	trading	trading	NOUN
cjal-3258	579	20	of	of	ADP
cjal-3258	579	21	non	non	ADJ
cjal-3258	579	22	-	-	ADJ
cjal-3258	579	23	tradable	tradable	ADJ
cjal-3258	579	24	shares	share	NOUN
cjal-3258	579	25	.	.	PUNCT
cjal-3258	580	1	hence	hence	ADV
cjal-3258	580	2	,	,	PUNCT
cjal-3258	580	3	even	even	ADV
cjal-3258	580	4	if	if	SCONJ
cjal-3258	580	5	china	china	PROPN
cjal-3258	580	6	's	's	PART
cjal-3258	580	7	scenario	scenario	NOUN
cjal-3258	580	8	were	be	AUX
cjal-3258	580	9	to	to	PART
cjal-3258	580	10	take	take	VERB
cjal-3258	580	11	place	place	NOUN
cjal-3258	580	12	in	in	ADP
cjal-3258	580	13	united	united	PROPN
cjal-3258	580	14	states	states	PROPN
cjal-3258	580	15	,	,	PUNCT
cjal-3258	580	16	american	american	ADJ
cjal-3258	580	17	courts	court	NOUN
cjal-3258	580	18	would	would	AUX
cjal-3258	580	19	still	still	ADV
cjal-3258	580	20	be	be	AUX
cjal-3258	580	21	unlikely	unlikely	ADJ
cjal-3258	580	22	to	to	PART
cjal-3258	580	23	find	find	VERB
cjal-3258	580	24	in	in	ADP
cjal-3258	580	25	favor	favor	NOUN
cjal-3258	580	26	of	of	ADP
cjal-3258	580	27	the	the	DET
cjal-3258	580	28	tradable	tradable	ADJ
cjal-3258	580	29	shareholders	shareholder	NOUN
cjal-3258	580	30	and	and	CCONJ
cjal-3258	580	31	order	order	VERB
cjal-3258	580	32	the	the	DET
cjal-3258	580	33	government	government	NOUN
cjal-3258	580	34	to	to	PART
cjal-3258	580	35	compensate	compensate	VERB
cjal-3258	580	36	.	.	PUNCT
cjal-3258	581	1	c.	c.	NOUN
cjal-3258	581	2	limitations	limitation	NOUN
cjal-3258	581	3	of	of	ADP
cjal-3258	581	4	the	the	DET
cjal-3258	581	5	public	public	ADJ
cjal-3258	581	6	-	-	PUNCT
cjal-3258	581	7	private	private	ADJ
cjal-3258	581	8	dichotomy	dichotomy	NOUN
cjal-3258	581	9	the	the	DET
cjal-3258	581	10	difficulties	difficulty	NOUN
cjal-3258	581	11	in	in	ADP
cjal-3258	581	12	categorizing	categorize	VERB
cjal-3258	581	13	the	the	DET
cjal-3258	581	14	legal	legal	ADJ
cjal-3258	581	15	basis	basis	NOUN
cjal-3258	581	16	of	of	ADP
cjal-3258	581	17	the	the	DET
cjal-3258	581	18	chinese	chinese	PROPN
cjal-3258	581	19	implemented	implement	VERB
cjal-3258	581	20	reform	reform	NOUN
cjal-3258	581	21	under	under	ADP
cjal-3258	581	22	the	the	DET
cjal-3258	581	23	traditional	traditional	ADJ
cjal-3258	581	24	private	private	ADJ
cjal-3258	581	25	law	law	NOUN
cjal-3258	581	26	and	and	CCONJ
cjal-3258	581	27	public	public	ADJ
cjal-3258	581	28	law	law	NOUN
cjal-3258	581	29	dichotomy	dichotomy	NOUN
cjal-3258	581	30	demonstrates	demonstrate	VERB
cjal-3258	581	31	the	the	DET
cjal-3258	581	32	blurring	blurring	NOUN
cjal-3258	581	33	of	of	ADP
cjal-3258	581	34	the	the	DET
cjal-3258	581	35	public	public	ADJ
cjal-3258	581	36	-	-	PUNCT
cjal-3258	581	37	private	private	ADJ
cjal-3258	581	38	distinction	distinction	NOUN
cjal-3258	581	39	.	.	PUNCT
cjal-3258	582	1	this	this	PRON
cjal-3258	582	2	is	be	AUX
cjal-3258	582	3	especially	especially	ADV
cjal-3258	582	4	so	so	ADV
cjal-3258	582	5	in	in	ADP
cjal-3258	582	6	the	the	DET
cjal-3258	582	7	present	present	ADJ
cjal-3258	582	8	context	context	NOUN
cjal-3258	582	9	where	where	SCONJ
cjal-3258	582	10	restrictions	restriction	NOUN
cjal-3258	582	11	on	on	ADP
cjal-3258	582	12	the	the	DET
cjal-3258	582	13	trading	trading	NOUN
cjal-3258	582	14	rights	right	NOUN
cjal-3258	582	15	of	of	ADP
cjal-3258	582	16	the	the	DET
cjal-3258	582	17	non	non	ADJ
cjal-3258	582	18	-	-	ADJ
cjal-3258	582	19	tradable	tradable	ADJ
cjal-3258	582	20	shares	share	NOUN
cjal-3258	582	21	are	be	AUX
cjal-3258	582	22	lifted	lift	VERB
cjal-3258	582	23	only	only	ADV
cjal-3258	582	24	upon	upon	SCONJ
cjal-3258	582	25	a	a	DET
cjal-3258	582	26	successful	successful	ADJ
cjal-3258	582	27	bargain	bargain	NOUN
cjal-3258	582	28	between	between	ADP
cjal-3258	582	29	the	the	DET
cjal-3258	582	30	non	non	ADJ
cjal-3258	582	31	-	-	ADJ
cjal-3258	582	32	tradable	tradable	ADJ
cjal-3258	582	33	shareholders	shareholder	NOUN
cjal-3258	582	34	and	and	CCONJ
cjal-3258	582	35	tradable	tradable	ADJ
cjal-3258	582	36	shareholders	shareholder	NOUN
cjal-3258	582	37	.	.	PUNCT
cjal-3258	583	1	arguably	arguably	ADV
cjal-3258	583	2	,	,	PUNCT
cjal-3258	583	3	the	the	DET
cjal-3258	583	4	relationship	relationship	NOUN
cjal-3258	583	5	between	between	ADP
cjal-3258	583	6	the	the	DET
cjal-3258	583	7	tradable	tradable	ADJ
cjal-3258	583	8	shareholders	shareholder	NOUN
cjal-3258	583	9	and	and	CCONJ
cjal-3258	583	10	nontradable	nontradable	ADJ
cjal-3258	583	11	shareholders	shareholder	NOUN
cjal-3258	583	12	is	be	AUX
cjal-3258	583	13	more	more	ADV
cjal-3258	583	14	akin	akin	ADJ
cjal-3258	583	15	to	to	ADP
cjal-3258	583	16	private	private	ADJ
cjal-3258	583	17	law	law	NOUN
cjal-3258	583	18	under	under	ADP
cjal-3258	583	19	the	the	DET
cjal-3258	583	20	privatized	privatized	ADJ
cjal-3258	583	21	bargaining	bargaining	NOUN
cjal-3258	583	22	mechanism	mechanism	NOUN
cjal-3258	583	23	.	.	PUNCT
cjal-3258	584	1	both	both	DET
cjal-3258	584	2	parties	party	NOUN
cjal-3258	584	3	are	be	AUX
cjal-3258	584	4	bargaining	bargain	VERB
cjal-3258	584	5	with	with	ADP
cjal-3258	584	6	each	each	DET
cjal-3258	584	7	other	other	ADJ
cjal-3258	584	8	in	in	ADP
cjal-3258	584	9	their	their	PRON
cjal-3258	584	10	private	private	ADJ
cjal-3258	584	11	capacities	capacity	NOUN
cjal-3258	584	12	for	for	ADP
cjal-3258	584	13	their	their	PRON
cjal-3258	584	14	own	own	ADJ
cjal-3258	584	15	private	private	ADJ
cjal-3258	584	16	interests	interest	NOUN
cjal-3258	584	17	.	.	PUNCT
cjal-3258	585	1	yet	yet	CCONJ
cjal-3258	585	2	the	the	DET
cjal-3258	585	3	fact	fact	NOUN
cjal-3258	585	4	that	that	SCONJ
cjal-3258	585	5	this	this	DET
cjal-3258	585	6	mechanism	mechanism	NOUN
cjal-3258	585	7	is	be	AUX
cjal-3258	585	8	put	put	VERB
cjal-3258	585	9	in	in	ADP
cjal-3258	585	10	place	place	NOUN
cjal-3258	585	11	by	by	ADP
cjal-3258	585	12	the	the	DET
cjal-3258	585	13	chinese	chinese	ADJ
cjal-3258	585	14	regulatory	regulatory	ADJ
cjal-3258	585	15	authorities	authority	NOUN
cjal-3258	585	16	for	for	ADP
cjal-3258	585	17	the	the	DET
cjal-3258	585	18	very	very	ADV
cjal-3258	585	19	public	public	ADJ
cjal-3258	585	20	purpose	purpose	NOUN
cjal-3258	585	21	of	of	ADP
cjal-3258	585	22	market	market	NOUN
cjal-3258	585	23	reform	reform	NOUN
cjal-3258	585	24	highlights	highlight	VERB
cjal-3258	585	25	the	the	DET
cjal-3258	585	26	inevitable	inevitable	ADJ
cjal-3258	585	27	public	public	ADJ
cjal-3258	585	28	element	element	NOUN
cjal-3258	585	29	in	in	ADP
cjal-3258	585	30	law	law	NOUN
cjal-3258	585	31	that	that	PRON
cjal-3258	585	32	makes	make	VERB
cjal-3258	585	33	considering	consider	VERB
cjal-3258	585	34	any	any	DET
cjal-3258	585	35	legal	legal	ADJ
cjal-3258	585	36	regime	regime	NOUN
cjal-3258	585	37	truly	truly	ADV
cjal-3258	585	38	private	private	VERB
cjal-3258	585	39	a	a	DET
cjal-3258	585	40	leap	leap	NOUN
cjal-3258	585	41	of	of	ADP
cjal-3258	585	42	faith	faith	NOUN
cjal-3258	585	43	.	.	PUNCT
cjal-3258	586	1	145	145	NUM
cjal-3258	586	2	on	on	ADP
cjal-3258	586	3	the	the	DET
cjal-3258	586	4	other	other	ADJ
cjal-3258	586	5	hand	hand	NOUN
cjal-3258	587	1	,	,	PUNCT
cjal-3258	587	2	the	the	DET
cjal-3258	587	3	chinese	chinese	ADJ
cjal-3258	587	4	reform	reform	NOUN
cjal-3258	587	5	is	be	AUX
cjal-3258	587	6	a	a	DET
cjal-3258	587	7	market	market	NOUN
cjal-3258	587	8	structural	structural	ADJ
cjal-3258	587	9	reform	reform	NOUN
cjal-3258	587	10	and	and	CCONJ
cjal-3258	587	11	more	more	ADV
cjal-3258	587	12	akin	akin	ADJ
cjal-3258	587	13	to	to	ADP
cjal-3258	587	14	public	public	ADJ
cjal-3258	587	15	law	law	NOUN
cjal-3258	587	16	from	from	ADP
cjal-3258	587	17	the	the	DET
cjal-3258	587	18	government	government	NOUN
cjal-3258	587	19	china	china	PROPN
cjal-3258	587	20	's	's	PART
cjal-3258	587	21	regulatory	regulatory	ADJ
cjal-3258	587	22	authorities	authority	NOUN
cjal-3258	587	23	'	'	PART
cjal-3258	587	24	point	point	NOUN
cjal-3258	587	25	of	of	ADP
cjal-3258	587	26	view	view	NOUN
cjal-3258	587	27	.	.	PUNCT
cjal-3258	588	1	indeed	indeed	ADV
cjal-3258	588	2	,	,	PUNCT
cjal-3258	588	3	the	the	DET
cjal-3258	588	4	apparent	apparent	ADJ
cjal-3258	588	5	hybrid	hybrid	ADJ
cjal-3258	588	6	nature	nature	NOUN
cjal-3258	588	7	of	of	ADP
cjal-3258	588	8	the	the	DET
cjal-3258	588	9	chinese	chinese	ADJ
cjal-3258	588	10	reform	reform	NOUN
cjal-3258	588	11	,	,	PUNCT
cjal-3258	588	12	which	which	PRON
cjal-3258	588	13	includes	include	VERB
cjal-3258	588	14	both	both	DET
cjal-3258	588	15	elements	element	NOUN
cjal-3258	588	16	of	of	ADP
cjal-3258	588	17	public	public	ADJ
cjal-3258	588	18	and	and	CCONJ
cjal-3258	588	19	private	private	ADJ
cjal-3258	588	20	law	law	NOUN
cjal-3258	588	21	,	,	PUNCT
cjal-3258	588	22	underscores	underscore	VERB
cjal-3258	588	23	the	the	DET
cjal-3258	588	24	limitations	limitation	NOUN
cjal-3258	588	25	of	of	ADP
cjal-3258	588	26	a	a	DET
cjal-3258	588	27	strict	strict	ADJ
cjal-3258	588	28	public	public	ADJ
cjal-3258	588	29	-	-	PUNCT
cjal-3258	588	30	private	private	ADJ
cjal-3258	588	31	dichotomy	dichotomy	NOUN
cjal-3258	588	32	.	.	PUNCT
cjal-3258	589	1	in	in	ADP
cjal-3258	589	2	this	this	DET
cjal-3258	589	3	respect	respect	NOUN
cjal-3258	589	4	,	,	PUNCT
cjal-3258	589	5	common	common	ADJ
cjal-3258	589	6	14	14	NUM
cjal-3258	589	7	'	'	PART
cjal-3258	589	8	328	328	NUM
cjal-3258	589	9	u.s	u.s	PROPN
cjal-3258	589	10	.	.	PROPN
cjal-3258	589	11	256	256	NUM
cjal-3258	589	12	(	(	PUNCT
cjal-3258	589	13	1946	1946	NUM
cjal-3258	589	14	)	)	PUNCT
cjal-3258	589	15	.	.	PUNCT
cjal-3258	590	1	144	144	NUM
cjal-3258	590	2	505	505	NUM
cjal-3258	590	3	u.s	u.s	PROPN
cjal-3258	590	4	.	.	PROPN
cjal-3258	590	5	,	,	PUNCT
cjal-3258	590	6	at	at	ADP
cjal-3258	590	7	1019	1019	NUM
cjal-3258	590	8	,	,	PUNCT
cjal-3258	590	9	n.	n.	NOUN
cjal-3258	590	10	8	8	NUM
cjal-3258	590	11	.	.	PUNCT
cjal-3258	590	12	145	145	NUM
cjal-3258	590	13	see	see	VERB
cjal-3258	590	14	paul	paul	PROPN
cjal-3258	590	15	r.	r.	PROPN
cjal-3258	590	16	verkuil	verkuil	PROPN
cjal-3258	590	17	,	,	PUNCT
cjal-3258	590	18	public	public	ADJ
cjal-3258	590	19	law	law	NOUN
cjal-3258	590	20	limitations	limitation	NOUN
cjal-3258	590	21	on	on	ADP
cjal-3258	590	22	privatization	privatization	NOUN
cjal-3258	590	23	of	of	ADP
cjal-3258	590	24	government	government	NOUN
cjal-3258	590	25	functions	function	NOUN
cjal-3258	590	26	,	,	PUNCT
cjal-3258	590	27	84	84	NUM
cjal-3258	590	28	n.c.l	n.c.l	NOUN
cjal-3258	590	29	.	.	PUNCT
cjal-3258	591	1	rev	rev	PROPN
cjal-3258	591	2	.	.	PROPN
cjal-3258	591	3	397	397	NUM
cjal-3258	591	4	,	,	PUNCT
cjal-3258	591	5	404	404	NUM
cjal-3258	591	6	(	(	PUNCT
cjal-3258	591	7	2006	2006	NUM
cjal-3258	591	8	)	)	PUNCT
cjal-3258	591	9	.	.	PUNCT
cjal-3258	592	1	326	326	NUM
cjal-3258	593	1	[	[	X
cjal-3258	593	2	20:1	20:1	NUM
cjal-3258	593	3	regula	regula	NOUN
cjal-3258	593	4	tory	tory	NOUN
cjal-3258	593	5	gi	gi	VERB
cjal-3258	593	6	vings	ving	NOUN
cjal-3258	593	7	in	in	ADP
cjal-3258	593	8	china	china	PROPN
cjal-3258	593	9	law	law	NOUN
cjal-3258	593	10	traditions	tradition	NOUN
cjal-3258	593	11	have	have	AUX
cjal-3258	593	12	demonstrated	demonstrate	VERB
cjal-3258	593	13	significantly	significantly	ADV
cjal-3258	593	14	more	more	ADJ
cjal-3258	593	15	flexibility	flexibility	NOUN
cjal-3258	593	16	.	.	PUNCT
cjal-3258	594	1	it	it	PRON
cjal-3258	594	2	is	be	AUX
cjal-3258	594	3	perhaps	perhaps	ADV
cjal-3258	594	4	not	not	PART
cjal-3258	594	5	surprising	surprising	ADJ
cjal-3258	594	6	that	that	SCONJ
cjal-3258	594	7	it	it	PRON
cjal-3258	594	8	is	be	AUX
cjal-3258	594	9	a	a	DET
cjal-3258	594	10	country	country	NOUN
cjal-3258	594	11	with	with	ADP
cjal-3258	594	12	a	a	DET
cjal-3258	594	13	common	common	ADJ
cjal-3258	594	14	law	law	NOUN
cjal-3258	594	15	tradition	tradition	NOUN
cjal-3258	594	16	that	that	PRON
cjal-3258	594	17	conceptualizes	conceptualize	VERB
cjal-3258	594	18	the	the	DET
cjal-3258	594	19	givings	giving	NOUN
cjal-3258	594	20	doctrine	doctrine	NOUN
cjal-3258	594	21	which	which	PRON
cjal-3258	594	22	,	,	PUNCT
cjal-3258	594	23	as	as	SCONJ
cjal-3258	594	24	shall	shall	AUX
cjal-3258	594	25	be	be	AUX
cjal-3258	594	26	discussed	discuss	VERB
cjal-3258	594	27	in	in	ADP
cjal-3258	594	28	the	the	DET
cjal-3258	594	29	next	next	ADJ
cjal-3258	594	30	part	part	NOUN
cjal-3258	594	31	,	,	PUNCT
cjal-3258	594	32	provides	provide	VERB
cjal-3258	594	33	a	a	DET
cjal-3258	594	34	legal	legal	ADJ
cjal-3258	594	35	basis	basis	NOUN
cjal-3258	594	36	for	for	ADP
cjal-3258	594	37	the	the	DET
cjal-3258	594	38	china	china	PROPN
cjal-3258	594	39	's	's	PART
cjal-3258	594	40	reform	reform	NOUN
cjal-3258	594	41	.	.	PUNCT
cjal-3258	595	1	iv	iv	X
cjal-3258	595	2	.	.	NOUN
cjal-3258	595	3	doctrinal	doctrinal	ADJ
cjal-3258	595	4	and	and	CCONJ
cjal-3258	595	5	legal	legal	ADJ
cjal-3258	595	6	basis	basis	NOUN
cjal-3258	595	7	:	:	PUNCT
cjal-3258	595	8	givings	giving	NOUN
cjal-3258	595	9	doctrine	doctrine	VERB
cjal-3258	595	10	in	in	ADP
cjal-3258	595	11	the	the	DET
cjal-3258	595	12	previous	previous	ADJ
cjal-3258	595	13	part	part	NOUN
cjal-3258	595	14	we	we	PRON
cjal-3258	595	15	showed	show	VERB
cjal-3258	595	16	that	that	SCONJ
cjal-3258	595	17	both	both	CCONJ
cjal-3258	595	18	private	private	ADJ
cjal-3258	595	19	and	and	CCONJ
cjal-3258	595	20	public	public	ADJ
cjal-3258	595	21	law	law	NOUN
cjal-3258	595	22	remedies	remedy	NOUN
cjal-3258	595	23	are	be	AUX
cjal-3258	595	24	unable	unable	ADJ
cjal-3258	595	25	to	to	PART
cjal-3258	595	26	provide	provide	VERB
cjal-3258	595	27	a	a	DET
cjal-3258	595	28	satisfactory	satisfactory	ADJ
cjal-3258	595	29	legal	legal	ADJ
cjal-3258	595	30	basis	basis	NOUN
cjal-3258	595	31	for	for	ADP
cjal-3258	595	32	tradable	tradable	ADJ
cjal-3258	595	33	shareholders	shareholder	NOUN
cjal-3258	595	34	to	to	PART
cjal-3258	595	35	demand	demand	VERB
cjal-3258	595	36	compensation	compensation	NOUN
cjal-3258	595	37	once	once	ADV
cjal-3258	595	38	non	non	ADJ
cjal-3258	595	39	-	-	ADJ
cjal-3258	595	40	tradable	tradable	ADJ
cjal-3258	595	41	shares	share	NOUN
cjal-3258	595	42	can	can	AUX
cjal-3258	595	43	trade	trade	VERB
cjal-3258	595	44	.	.	PUNCT
cjal-3258	596	1	we	we	PRON
cjal-3258	596	2	now	now	ADV
cjal-3258	596	3	examine	examine	VERB
cjal-3258	596	4	the	the	DET
cjal-3258	596	5	givings	giving	NOUN
cjal-3258	596	6	doctrine	doctrine	NOUN
cjal-3258	596	7	that	that	PRON
cjal-3258	596	8	has	have	AUX
cjal-3258	596	9	recently	recently	ADV
cjal-3258	596	10	emerged	emerge	VERB
cjal-3258	596	11	in	in	ADP
cjal-3258	596	12	american	american	ADJ
cjal-3258	596	13	scholarships	scholarship	NOUN
cjal-3258	596	14	.	.	PUNCT
cjal-3258	597	1	we	we	PRON
cjal-3258	597	2	argue	argue	VERB
cjal-3258	597	3	for	for	ADP
cjal-3258	597	4	its	its	PRON
cjal-3258	597	5	merits	merit	NOUN
cjal-3258	597	6	and	and	CCONJ
cjal-3258	597	7	relevance	relevance	NOUN
cjal-3258	597	8	in	in	ADP
cjal-3258	597	9	the	the	DET
cjal-3258	597	10	chinese	chinese	ADJ
cjal-3258	597	11	context	context	NOUN
cjal-3258	597	12	and	and	CCONJ
cjal-3258	597	13	also	also	ADV
cjal-3258	597	14	show	show	VERB
cjal-3258	597	15	that	that	SCONJ
cjal-3258	597	16	the	the	DET
cjal-3258	597	17	chinese	chinese	ADJ
cjal-3258	597	18	split	split	ADJ
cjal-3258	597	19	share	share	NOUN
cjal-3258	597	20	structure	structure	NOUN
cjal-3258	597	21	implemented	implement	VERB
cjal-3258	597	22	reform	reform	NOUN
cjal-3258	597	23	can	can	AUX
cjal-3258	597	24	be	be	AUX
cjal-3258	597	25	doctrinally	doctrinally	ADV
cjal-3258	597	26	supported	support	VERB
cjal-3258	597	27	by	by	ADP
cjal-3258	597	28	this	this	DET
cjal-3258	597	29	givings	giving	NOUN
cjal-3258	597	30	doctrine	doctrine	NOUN
cjal-3258	597	31	.	.	PUNCT
cjal-3258	598	1	a.	a.	NOUN
cjal-3258	598	2	importance	importance	NOUN
cjal-3258	598	3	and	and	CCONJ
cjal-3258	598	4	relevance	relevance	NOUN
cjal-3258	598	5	of	of	ADP
cjal-3258	598	6	givings	giving	NOUN
cjal-3258	598	7	givings	giving	NOUN
cjal-3258	598	8	are	be	AUX
cjal-3258	598	9	broadly	broadly	ADV
cjal-3258	598	10	defined	define	VERB
cjal-3258	598	11	as	as	ADP
cjal-3258	598	12	the	the	DET
cjal-3258	598	13	bestowal	bestowal	NOUN
cjal-3258	598	14	of	of	ADP
cjal-3258	598	15	any	any	DET
cjal-3258	598	16	benefits	benefit	NOUN
cjal-3258	598	17	by	by	ADP
cjal-3258	598	18	the	the	DET
cjal-3258	598	19	government	government	NOUN
cjal-3258	598	20	.	.	PUNCT
cjal-3258	599	1	it	it	PRON
cjal-3258	599	2	can	can	AUX
cjal-3258	599	3	be	be	AUX
cjal-3258	599	4	in	in	ADP
cjal-3258	599	5	the	the	DET
cjal-3258	599	6	form	form	NOUN
cjal-3258	599	7	of	of	ADP
cjal-3258	599	8	physical	physical	ADJ
cjal-3258	599	9	(	(	PUNCT
cjal-3258	599	10	directly	directly	ADV
cjal-3258	599	11	bestowing	bestow	VERB
cjal-3258	599	12	benefits	benefit	NOUN
cjal-3258	599	13	)	)	PUNCT
cjal-3258	599	14	,	,	PUNCT
cjal-3258	599	15	regulatory	regulatory	NOUN
cjal-3258	599	16	(	(	PUNCT
cjal-3258	599	17	where	where	SCONJ
cjal-3258	599	18	government	government	NOUN
cjal-3258	599	19	regulation	regulation	NOUN
cjal-3258	599	20	on	on	ADP
cjal-3258	599	21	certain	certain	ADJ
cjal-3258	599	22	property	property	NOUN
cjal-3258	599	23	enhances	enhance	VERB
cjal-3258	599	24	the	the	DET
cjal-3258	599	25	value	value	NOUN
cjal-3258	599	26	of	of	ADP
cjal-3258	599	27	that	that	DET
cjal-3258	599	28	property	property	NOUN
cjal-3258	599	29	)	)	PUNCT
cjal-3258	599	30	or	or	CCONJ
cjal-3258	599	31	derivative	derivative	NOUN
cjal-3258	599	32	(	(	PUNCT
cjal-3258	599	33	where	where	SCONJ
cjal-3258	599	34	a	a	DET
cjal-3258	599	35	government	government	NOUN
cjal-3258	599	36	taking	take	VERB
cjal-3258	599	37	or	or	CCONJ
cjal-3258	599	38	giving	giving	NOUN
cjal-3258	599	39	enhances	enhance	VERB
cjal-3258	599	40	the	the	DET
cjal-3258	599	41	value	value	NOUN
cjal-3258	599	42	of	of	ADP
cjal-3258	599	43	surrounding	surround	VERB
cjal-3258	599	44	properties	property	NOUN
cjal-3258	599	45	)	)	PUNCT
cjal-3258	599	46	.	.	PUNCT
cjal-3258	600	1	146	146	NUM
cjal-3258	600	2	mirroring	mirror	VERB
cjal-3258	600	3	the	the	DET
cjal-3258	600	4	takings	taking	NOUN
cjal-3258	600	5	doctrine	doctrine	NOUN
cjal-3258	600	6	,	,	PUNCT
cjal-3258	600	7	which	which	PRON
cjal-3258	600	8	focuses	focus	VERB
cjal-3258	600	9	on	on	ADP
cjal-3258	600	10	identifying	identify	VERB
cjal-3258	600	11	those	those	DET
cjal-3258	600	12	diminutions	diminution	NOUN
cjal-3258	600	13	of	of	ADP
cjal-3258	600	14	property	property	NOUN
cjal-3258	600	15	caused	cause	VERB
cjal-3258	600	16	by	by	ADP
cjal-3258	600	17	the	the	DET
cjal-3258	600	18	government	government	NOUN
cjal-3258	600	19	action	action	NOUN
cjal-3258	600	20	that	that	PRON
cjal-3258	600	21	must	must	AUX
cjal-3258	600	22	be	be	AUX
cjal-3258	600	23	compensated	compensate	VERB
cjal-3258	600	24	,	,	PUNCT
cjal-3258	600	25	givings	giving	NOUN
cjal-3258	600	26	doctrine	doctrine	NOUN
cjal-3258	600	27	seeks	seek	VERB
cjal-3258	600	28	to	to	PART
cjal-3258	600	29	determine	determine	VERB
cjal-3258	600	30	under	under	ADP
cjal-3258	600	31	what	what	PRON
cjal-3258	600	32	circumstances	circumstance	NOUN
cjal-3258	600	33	beneficiaries	beneficiary	NOUN
cjal-3258	600	34	of	of	ADP
cjal-3258	600	35	government	government	NOUN
cjal-3258	600	36	actions	action	NOUN
cjal-3258	600	37	must	must	AUX
cjal-3258	600	38	be	be	AUX
cjal-3258	600	39	charged	charge	VERB
cjal-3258	600	40	for	for	ADP
cjal-3258	600	41	received	receive	VERB
cjal-3258	600	42	benefits	benefit	NOUN
cjal-3258	600	43	.	.	PUNCT
cjal-3258	601	1	as	as	SCONJ
cjal-3258	601	2	compared	compare	VERB
cjal-3258	601	3	to	to	ADP
cjal-3258	601	4	the	the	DET
cjal-3258	601	5	extensive	extensive	ADJ
cjal-3258	601	6	and	and	CCONJ
cjal-3258	601	7	in	in	ADP
cjal-3258	601	8	-	-	PUNCT
cjal-3258	601	9	depth	depth	NOUN
cjal-3258	601	10	literature	literature	NOUN
cjal-3258	601	11	on	on	ADP
cjal-3258	601	12	takings	taking	NOUN
cjal-3258	601	13	doctrine	doctrine	NOUN
cjal-3258	601	14	,	,	PUNCT
cjal-3258	601	15	givings	giving	NOUN
cjal-3258	601	16	has	have	AUX
cjal-3258	601	17	only	only	ADV
cjal-3258	601	18	recently	recently	ADV
cjal-3258	601	19	been	be	AUX
cjal-3258	601	20	given	give	VERB
cjal-3258	601	21	the	the	DET
cjal-3258	601	22	attention	attention	NOUN
cjal-3258	601	23	it	it	PRON
cjal-3258	601	24	deserves	deserve	VERB
cjal-3258	601	25	.	.	PUNCT
cjal-3258	602	1	it	it	PRON
cjal-3258	602	2	was	be	AUX
cjal-3258	602	3	not	not	PART
cjal-3258	602	4	until	until	ADP
cjal-3258	602	5	december	december	PROPN
cjal-3258	602	6	2001	2001	NUM
cjal-3258	602	7	that	that	SCONJ
cjal-3258	602	8	the	the	DET
cjal-3258	602	9	first	first	ADJ
cjal-3258	602	10	attempt	attempt	NOUN
cjal-3258	602	11	to	to	PART
cjal-3258	602	12	present	present	VERB
cjal-3258	602	13	a	a	DET
cjal-3258	602	14	coherent	coherent	ADJ
cjal-3258	602	15	theory	theory	NOUN
cjal-3258	602	16	was	be	AUX
cjal-3258	602	17	attempted	attempt	VERB
cjal-3258	602	18	by	by	ADP
cjal-3258	602	19	abraham	abraham	PROPN
cjal-3258	602	20	bell	bell	PROPN
cjal-3258	602	21	and	and	CCONJ
cjal-3258	602	22	gideon	gideon	PROPN
cjal-3258	602	23	parchomovsky	parchomovsky	PROPN
cjal-3258	602	24	.	.	PUNCT
cjal-3258	603	1	147	147	NUM
cjal-3258	604	1	yet	yet	ADV
cjal-3258	604	2	this	this	DET
cjal-3258	604	3	lack	lack	NOUN
cjal-3258	604	4	of	of	ADP
cjal-3258	604	5	scholarly	scholarly	ADJ
cjal-3258	604	6	attention	attention	NOUN
cjal-3258	604	7	does	do	AUX
cjal-3258	604	8	not	not	PART
cjal-3258	604	9	diminish	diminish	VERB
cjal-3258	604	10	the	the	DET
cjal-3258	604	11	importance	importance	NOUN
cjal-3258	604	12	of	of	ADP
cjal-3258	604	13	the	the	DET
cjal-3258	604	14	doctrine	doctrine	NOUN
cjal-3258	604	15	.	.	PUNCT
cjal-3258	605	1	first	first	ADV
cjal-3258	605	2	,	,	PUNCT
cjal-3258	605	3	there	there	PRON
cjal-3258	605	4	is	be	VERB
cjal-3258	605	5	an	an	DET
cjal-3258	605	6	inextricable	inextricable	ADJ
cjal-3258	605	7	relationship	relationship	NOUN
cjal-3258	605	8	between	between	ADP
cjal-3258	605	9	takings	taking	NOUN
cjal-3258	605	10	and	and	CCONJ
cjal-3258	605	11	givings	giving	NOUN
cjal-3258	605	12	.	.	PUNCT
cjal-3258	606	1	148	148	NUM
cjal-3258	606	2	this	this	PRON
cjal-3258	606	3	is	be	AUX
cjal-3258	606	4	not	not	PART
cjal-3258	606	5	only	only	ADV
cjal-3258	606	6	relevant	relevant	ADJ
cjal-3258	606	7	in	in	ADP
cjal-3258	606	8	the	the	DET
cjal-3258	606	9	context	context	NOUN
cjal-3258	606	10	of	of	ADP
cjal-3258	606	11	developing	develop	VERB
cjal-3258	606	12	a	a	DET
cjal-3258	606	13	coherent	coherent	ADJ
cjal-3258	606	14	takings	taking	NOUN
cjal-3258	606	15	doctrine	doctrine	NOUN
cjal-3258	606	16	149	149	NUM
cjal-3258	606	17	but	but	CCONJ
cjal-3258	606	18	also	also	ADV
cjal-3258	606	19	in	in	ADP
cjal-3258	606	20	the	the	DET
cjal-3258	606	21	practical	practical	ADJ
cjal-3258	606	22	world	world	NOUN
cjal-3258	606	23	where	where	SCONJ
cjal-3258	606	24	government	government	NOUN
cjal-3258	606	25	givings	giving	NOUN
cjal-3258	606	26	or	or	CCONJ
cjal-3258	606	27	takings	taking	NOUN
cjal-3258	606	28	are	be	AUX
cjal-3258	606	29	likely	likely	ADJ
cjal-3258	606	30	to	to	PART
cjal-3258	606	31	be	be	AUX
cjal-3258	606	32	accompanied	accompany	VERB
cjal-3258	606	33	by	by	ADP
cjal-3258	606	34	some	some	DET
cjal-3258	606	35	146	146	NUM
cjal-3258	606	36	bell	bell	NOUN
cjal-3258	606	37	&	&	CCONJ
cjal-3258	606	38	parchomovsky	parchomovsky	PROPN
cjal-3258	606	39	,	,	PUNCT
cjal-3258	606	40	givings	giving	NOUN
cjal-3258	606	41	,	,	PUNCT
cjal-3258	606	42	supra	supra	PROPN
cjal-3258	606	43	note	note	NOUN
cjal-3258	606	44	6	6	NUM
cjal-3258	606	45	,	,	PUNCT
cjal-3258	606	46	at	at	ADP
cjal-3258	606	47	563	563	NUM
cjal-3258	606	48	.	.	PUNCT
cjal-3258	607	1	147	147	NUM
cjal-3258	607	2	bell	bell	PROPN
cjal-3258	607	3	&	&	CCONJ
cjal-3258	607	4	parchomovsky	parchomovsky	PROPN
cjal-3258	607	5	,	,	PUNCT
cjal-3258	607	6	givings	giving	NOUN
cjal-3258	607	7	,	,	PUNCT
cjal-3258	607	8	supra	supra	PROPN
cjal-3258	607	9	note	note	NOUN
cjal-3258	607	10	6	6	NUM
cjal-3258	607	11	.	.	SYM
cjal-3258	607	12	141	141	NUM
cjal-3258	608	1	i	i	PRON
cjal-3258	608	2	d.	d.	PROPN
cjal-3258	608	3	at	at	ADP
cjal-3258	608	4	552	552	NUM
cjal-3258	608	5	.	.	NOUN
cjal-3258	608	6	149	149	NUM
cjal-3258	609	1	i	i	PRON
cjal-3258	609	2	d.	d.	PROPN
cjal-3258	609	3	2006	2006	NUM
cjal-3258	609	4	]	]	PUNCT
cjal-3258	610	1	327	327	NUM
cjal-3258	610	2	columbia	columbia	PROPN
cjal-3258	610	3	journal	journal	PROPN
cjal-3258	610	4	of	of	ADP
cjal-3258	610	5	asian	asian	ADJ
cjal-3258	610	6	law	law	NOUN
cjal-3258	610	7	other	other	ADJ
cjal-3258	610	8	corresponding	correspond	VERB
cjal-3258	610	9	takings	taking	NOUN
cjal-3258	610	10	or	or	CCONJ
cjal-3258	610	11	givings.150	givings.150	NOUN
cjal-3258	610	12	in	in	ADP
cjal-3258	610	13	our	our	PRON
cjal-3258	610	14	chinese	chinese	ADJ
cjal-3258	610	15	scenario	scenario	NOUN
cjal-3258	610	16	,	,	PUNCT
cjal-3258	610	17	the	the	DET
cjal-3258	610	18	regulatory	regulatory	ADJ
cjal-3258	610	19	giving	giving	NOUN
cjal-3258	610	20	of	of	ADP
cjal-3258	610	21	trading	trading	NOUN
cjal-3258	610	22	rights	right	NOUN
cjal-3258	610	23	to	to	ADP
cjal-3258	610	24	non	non	ADJ
cjal-3258	610	25	-	-	ADJ
cjal-3258	610	26	tradable	tradable	ADJ
cjal-3258	610	27	shares	share	NOUN
cjal-3258	610	28	will	will	AUX
cjal-3258	610	29	result	result	VERB
cjal-3258	610	30	in	in	ADP
cjal-3258	610	31	tradable	tradable	ADJ
cjal-3258	610	32	shareholders	shareholder	NOUN
cjal-3258	610	33	suffering	suffer	VERB
cjal-3258	610	34	a	a	DET
cjal-3258	610	35	loss	loss	NOUN
cjal-3258	610	36	in	in	ADP
cjal-3258	610	37	the	the	DET
cjal-3258	610	38	value	value	NOUN
cjal-3258	610	39	of	of	ADP
cjal-3258	610	40	their	their	PRON
cjal-3258	610	41	shares	share	NOUN
cjal-3258	610	42	with	with	ADP
cjal-3258	610	43	the	the	DET
cjal-3258	610	44	regulation	regulation	NOUN
cjal-3258	610	45	derivatively	derivatively	ADV
cjal-3258	610	46	taking	take	VERB
cjal-3258	610	47	away	away	ADV
cjal-3258	610	48	their	their	PRON
cjal-3258	610	49	property	property	NOUN
cjal-3258	610	50	.	.	PUNCT
cjal-3258	611	1	givings	giving	NOUN
cjal-3258	611	2	doctrine	doctrine	NOUN
cjal-3258	611	3	is	be	AUX
cjal-3258	611	4	also	also	ADV
cjal-3258	611	5	an	an	DET
cjal-3258	611	6	integral	integral	ADJ
cjal-3258	611	7	part	part	NOUN
cjal-3258	611	8	in	in	ADP
cjal-3258	611	9	the	the	DET
cjal-3258	611	10	protection	protection	NOUN
cjal-3258	611	11	of	of	ADP
cjal-3258	611	12	private	private	ADJ
cjal-3258	611	13	property	property	NOUN
cjal-3258	611	14	rights	right	NOUN
cjal-3258	611	15	.	.	PUNCT
cjal-3258	612	1	the	the	DET
cjal-3258	612	2	accurate	accurate	ADJ
cjal-3258	612	3	assessment	assessment	NOUN
cjal-3258	612	4	of	of	ADP
cjal-3258	612	5	fair	fair	ADJ
cjal-3258	612	6	compensation	compensation	NOUN
cjal-3258	612	7	necessitates	necessitate	VERB
cjal-3258	612	8	the	the	DET
cjal-3258	612	9	consideration	consideration	NOUN
cjal-3258	612	10	of	of	ADP
cjal-3258	612	11	any	any	DET
cjal-3258	612	12	benefits	benefit	NOUN
cjal-3258	612	13	simultaneously	simultaneously	ADV
cjal-3258	612	14	conferred	confer	VERB
cjal-3258	612	15	on	on	ADP
cjal-3258	612	16	the	the	DET
cjal-3258	612	17	taking	take	VERB
cjal-3258	612	18	victim	victim	NOUN
cjal-3258	612	19	.	.	PUNCT
cjal-3258	613	1	second	second	ADJ
cjal-3258	613	2	,	,	PUNCT
cjal-3258	613	3	both	both	CCONJ
cjal-3258	613	4	givings	giving	NOUN
cjal-3258	613	5	and	and	CCONJ
cjal-3258	613	6	takings	taking	NOUN
cjal-3258	613	7	affect	affect	VERB
cjal-3258	613	8	relative	relative	ADJ
cjal-3258	613	9	wealth	wealth	NOUN
cjal-3258	613	10	.	.	PUNCT
cjal-3258	614	1	151	151	NUM
cjal-3258	614	2	current	current	ADJ
cjal-3258	614	3	takings	taking	NOUN
cjal-3258	614	4	doctrine	doctrine	NOUN
cjal-3258	614	5	is	be	AUX
cjal-3258	614	6	only	only	ADV
cjal-3258	614	7	concerned	concern	VERB
cjal-3258	614	8	with	with	ADP
cjal-3258	614	9	diminutions	diminution	NOUN
cjal-3258	614	10	of	of	ADP
cjal-3258	614	11	absolute	absolute	ADJ
cjal-3258	614	12	wealth	wealth	NOUN
cjal-3258	614	13	.	.	PUNCT
cjal-3258	615	1	however	however	ADV
cjal-3258	615	2	,	,	PUNCT
cjal-3258	615	3	changes	change	NOUN
cjal-3258	615	4	in	in	ADP
cjal-3258	615	5	relative	relative	ADJ
cjal-3258	615	6	wealth	wealth	NOUN
cjal-3258	615	7	should	should	AUX
cjal-3258	615	8	not	not	PART
cjal-3258	615	9	be	be	AUX
cjal-3258	615	10	any	any	PRON
cjal-3258	615	11	less	less	ADV
cjal-3258	615	12	important	important	ADJ
cjal-3258	615	13	than	than	ADP
cjal-3258	615	14	changes	change	NOUN
cjal-3258	615	15	in	in	ADP
cjal-3258	615	16	absolute	absolute	ADJ
cjal-3258	615	17	wealth	wealth	NOUN
cjal-3258	615	18	.	.	PUNCT
cjal-3258	616	1	both	both	PRON
cjal-3258	616	2	affect	affect	VERB
cjal-3258	616	3	the	the	DET
cjal-3258	616	4	poverty	poverty	NOUN
cjal-3258	616	5	gap	gap	NOUN
cjal-3258	616	6	,	,	PUNCT
cjal-3258	616	7	which	which	PRON
cjal-3258	616	8	should	should	AUX
cjal-3258	616	9	be	be	AUX
cjal-3258	616	10	an	an	DET
cjal-3258	616	11	important	important	ADJ
cjal-3258	616	12	social	social	ADJ
cjal-3258	616	13	and	and	CCONJ
cjal-3258	616	14	economical	economical	ADJ
cjal-3258	616	15	consideration	consideration	NOUN
cjal-3258	616	16	in	in	ADP
cjal-3258	616	17	any	any	DET
cjal-3258	616	18	government	government	NOUN
cjal-3258	616	19	action	action	NOUN
cjal-3258	616	20	.	.	PUNCT
cjal-3258	617	1	in	in	ADP
cjal-3258	617	2	our	our	PRON
cjal-3258	617	3	chinese	chinese	ADJ
cjal-3258	617	4	scenario	scenario	NOUN
cjal-3258	617	5	,	,	PUNCT
cjal-3258	617	6	not	not	PART
cjal-3258	617	7	only	only	ADV
cjal-3258	617	8	will	will	AUX
cjal-3258	617	9	the	the	DET
cjal-3258	617	10	tradable	tradable	ADJ
cjal-3258	617	11	shareholders	shareholder	NOUN
cjal-3258	617	12	suffer	suffer	VERB
cjal-3258	617	13	a	a	DET
cjal-3258	617	14	direct	direct	ADJ
cjal-3258	617	15	personal	personal	ADJ
cjal-3258	617	16	loss	loss	NOUN
cjal-3258	617	17	from	from	ADP
cjal-3258	617	18	the	the	DET
cjal-3258	617	19	trading	trading	NOUN
cjal-3258	617	20	of	of	ADP
cjal-3258	617	21	non	non	ADJ
cjal-3258	617	22	-	-	ADJ
cjal-3258	617	23	tradable	tradable	ADJ
cjal-3258	617	24	shares	share	NOUN
cjal-3258	617	25	,	,	PUNCT
cjal-3258	617	26	the	the	DET
cjal-3258	617	27	rest	rest	NOUN
cjal-3258	617	28	of	of	ADP
cjal-3258	617	29	society	society	NOUN
cjal-3258	617	30	will	will	AUX
cjal-3258	617	31	also	also	ADV
cjal-3258	617	32	become	become	VERB
cjal-3258	617	33	relatively	relatively	ADV
cjal-3258	617	34	poorer	poor	ADJ
cjal-3258	617	35	vis	vis	X
cjal-3258	617	36	-	-	PUNCT
cjal-3258	617	37	a	a	PRON
cjal-3258	617	38	-	-	PUNCT
cjal-3258	617	39	vis	vis	X
cjal-3258	617	40	nontradable	nontradable	ADJ
cjal-3258	617	41	shareholders	shareholder	NOUN
cjal-3258	617	42	who	who	PRON
cjal-3258	617	43	profit	profit	VERB
cjal-3258	617	44	from	from	ADP
cjal-3258	617	45	this	this	DET
cjal-3258	617	46	regulation	regulation	NOUN
cjal-3258	617	47	.	.	PUNCT
cjal-3258	618	1	there	there	PRON
cjal-3258	618	2	is	be	VERB
cjal-3258	618	3	no	no	DET
cjal-3258	618	4	justification	justification	NOUN
cjal-3258	618	5	to	to	PART
cjal-3258	618	6	exclude	exclude	VERB
cjal-3258	618	7	these	these	DET
cjal-3258	618	8	effects	effect	NOUN
cjal-3258	618	9	on	on	ADP
cjal-3258	618	10	relative	relative	ADJ
cjal-3258	618	11	wealth	wealth	NOUN
cjal-3258	618	12	,	,	PUNCT
cjal-3258	618	13	especially	especially	ADV
cjal-3258	618	14	in	in	ADP
cjal-3258	618	15	light	light	NOUN
cjal-3258	618	16	of	of	ADP
cjal-3258	618	17	china	china	PROPN
cjal-3258	618	18	's	's	PART
cjal-3258	618	19	rapidly	rapidly	ADV
cjal-3258	618	20	widening	widen	VERB
cjal-3258	618	21	poverty	poverty	NOUN
cjal-3258	618	22	gap	gap	NOUN
cjal-3258	618	23	.	.	PUNCT
cjal-3258	619	1	52	52	NUM
cjal-3258	619	2	third	third	ADJ
cjal-3258	619	3	,	,	PUNCT
cjal-3258	619	4	the	the	DET
cjal-3258	619	5	risk	risk	NOUN
cjal-3258	619	6	of	of	ADP
cjal-3258	619	7	abuse	abuse	NOUN
cjal-3258	619	8	and	and	CCONJ
cjal-3258	619	9	other	other	ADJ
cjal-3258	619	10	political	political	ADJ
cjal-3258	619	11	vices	vice	NOUN
cjal-3258	619	12	such	such	ADJ
cjal-3258	619	13	as	as	ADP
cjal-3258	619	14	corruption	corruption	NOUN
cjal-3258	619	15	and	and	CCONJ
cjal-3258	619	16	favoritism	favoritism	NOUN
cjal-3258	619	17	from	from	ADP
cjal-3258	619	18	unfettered	unfettered	ADJ
cjal-3258	619	19	takings	taking	NOUN
cjal-3258	619	20	applies	apply	VERB
cjal-3258	619	21	equally	equally	ADV
cjal-3258	619	22	,	,	PUNCT
cjal-3258	619	23	if	if	SCONJ
cjal-3258	619	24	not	not	PART
cjal-3258	619	25	more	more	ADJ
cjal-3258	619	26	,	,	PUNCT
cjal-3258	619	27	to	to	ADP
cjal-3258	619	28	unfettered	unfettered	ADJ
cjal-3258	619	29	givings.1	givings.1	NOUN
cjal-3258	619	30	53	53	NUM
cjal-3258	619	31	this	this	PRON
cjal-3258	619	32	is	be	AUX
cjal-3258	619	33	because	because	SCONJ
cjal-3258	619	34	"	"	PUNCT
cjal-3258	619	35	givings	giving	NOUN
cjal-3258	619	36	may	may	AUX
cjal-3258	619	37	produce	produce	VERB
cjal-3258	619	38	winners	winner	NOUN
cjal-3258	619	39	without	without	ADP
cjal-3258	619	40	identifiable	identifiable	ADJ
cjal-3258	619	41	losers	loser	NOUN
cjal-3258	619	42	,	,	PUNCT
cjal-3258	619	43	making	make	VERB
cjal-3258	619	44	it	it	PRON
cjal-3258	619	45	an	an	DET
cjal-3258	619	46	attractive	attractive	ADJ
cjal-3258	619	47	policy	policy	NOUN
cjal-3258	619	48	tool	tool	NOUN
cjal-3258	619	49	.	.	PUNCT
cjal-3258	619	50	'	'	PUNCT
cjal-3258	620	1	154	154	NUM
cjal-3258	620	2	the	the	DET
cjal-3258	620	3	cost	cost	NOUN
cjal-3258	620	4	of	of	ADP
cjal-3258	620	5	the	the	DET
cjal-3258	620	6	government	government	NOUN
cjal-3258	620	7	bestowing	bestow	VERB
cjal-3258	620	8	benefits	benefit	NOUN
cjal-3258	620	9	is	be	AUX
cjal-3258	620	10	borne	bear	VERB
cjal-3258	620	11	either	either	CCONJ
cjal-3258	620	12	directly	directly	ADV
cjal-3258	620	13	(	(	PUNCT
cjal-3258	620	14	by	by	ADP
cjal-3258	620	15	taxes	taxis	NOUN
cjal-3258	620	16	or	or	CCONJ
cjal-3258	620	17	the	the	DET
cjal-3258	620	18	loss	loss	NOUN
cjal-3258	620	19	of	of	ADP
cjal-3258	620	20	state	state	NOUN
cjal-3258	620	21	-	-	PUNCT
cjal-3258	620	22	owned	own	VERB
cjal-3258	620	23	property	property	NOUN
cjal-3258	620	24	or	or	CCONJ
cjal-3258	620	25	public	public	ADJ
cjal-3258	620	26	goods	good	NOUN
cjal-3258	620	27	,	,	PUNCT
cjal-3258	620	28	which	which	PRON
cjal-3258	620	29	in	in	ADP
cjal-3258	620	30	theory	theory	NOUN
cjal-3258	620	31	belong	belong	VERB
cjal-3258	620	32	to	to	ADP
cjal-3258	620	33	the	the	DET
cjal-3258	620	34	people	people	NOUN
cjal-3258	620	35	)	)	PUNCT
cjal-3258	620	36	or	or	CCONJ
cjal-3258	620	37	indirectly	indirectly	ADV
cjal-3258	620	38	(	(	PUNCT
cjal-3258	620	39	through	through	ADP
cjal-3258	620	40	opportunity	opportunity	NOUN
cjal-3258	620	41	costs	cost	NOUN
cjal-3258	620	42	or	or	CCONJ
cjal-3258	620	43	relative	relative	ADJ
cjal-3258	620	44	losses	loss	NOUN
cjal-3258	620	45	)	)	PUNCT
cjal-3258	620	46	by	by	ADP
cjal-3258	620	47	the	the	DET
cjal-3258	620	48	people	people	NOUN
cjal-3258	620	49	.	.	PUNCT
cjal-3258	621	1	however	however	ADV
cjal-3258	621	2	,	,	PUNCT
cjal-3258	621	3	since	since	SCONJ
cjal-3258	621	4	the	the	DET
cjal-3258	621	5	cost	cost	NOUN
cjal-3258	621	6	is	be	AUX
cjal-3258	621	7	often	often	ADV
cjal-3258	621	8	spread	spread	VERB
cjal-3258	621	9	among	among	ADP
cjal-3258	621	10	a	a	DET
cjal-3258	621	11	much	much	ADV
cjal-3258	621	12	larger	large	ADJ
cjal-3258	621	13	group	group	NOUN
cjal-3258	621	14	compared	compare	VERB
cjal-3258	621	15	to	to	ADP
cjal-3258	621	16	the	the	DET
cjal-3258	621	17	benefit	benefit	NOUN
cjal-3258	621	18	's	's	PART
cjal-3258	621	19	recipients	recipient	NOUN
cjal-3258	621	20	,	,	PUNCT
cjal-3258	621	21	the	the	DET
cjal-3258	621	22	low	low	ADJ
cjal-3258	621	23	level	level	NOUN
cjal-3258	621	24	of	of	ADP
cjal-3258	621	25	incentive	incentive	NOUN
cjal-3258	621	26	of	of	ADP
cjal-3258	621	27	those	those	DET
cjal-3258	621	28	non	non	NOUN
cjal-3258	621	29	-	-	NOUN
cjal-3258	621	30	recipients	recipient	NOUN
cjal-3258	621	31	to	to	PART
cjal-3258	621	32	oppose	oppose	VERB
cjal-3258	621	33	the	the	DET
cjal-3258	621	34	giving	giving	NOUN
cjal-3258	621	35	is	be	AUX
cjal-3258	621	36	likely	likely	ADJ
cjal-3258	621	37	to	to	PART
cjal-3258	621	38	result	result	VERB
cjal-3258	621	39	in	in	ADP
cjal-3258	621	40	inaction	inaction	NOUN
cjal-3258	621	41	.	.	PUNCT
cjal-3258	622	1	155	155	NUM
cjal-3258	623	1	unlike	unlike	ADP
cjal-3258	623	2	the	the	DET
cjal-3258	623	3	violent	violent	ADJ
cjal-3258	623	4	reactions	reaction	NOUN
cjal-3258	623	5	from	from	ADP
cjal-3258	623	6	chinese	chinese	ADJ
cjal-3258	623	7	farmers	farmer	NOUN
cjal-3258	623	8	in	in	ADP
cjal-3258	623	9	response	response	NOUN
cjal-3258	623	10	to	to	ADP
cjal-3258	623	11	inadequate	inadequate	ADJ
cjal-3258	623	12	compensation	compensation	NOUN
cjal-3258	623	13	when	when	SCONJ
cjal-3258	623	14	the	the	DET
cjal-3258	623	15	government	government	NOUN
cjal-3258	623	16	acquired	acquire	VERB
cjal-3258	623	17	their	their	PRON
cjal-3258	623	18	land	land	NOUN
cjal-3258	623	19	,	,	PUNCT
cjal-3258	623	20	56	56	NUM
cjal-3258	623	21	many	many	ADJ
cjal-3258	623	22	forms	form	NOUN
cjal-3258	623	23	of	of	ADP
cjal-3258	623	24	government	government	NOUN
cjal-3258	623	25	givings	giving	NOUN
cjal-3258	623	26	go	go	VERB
cjal-3258	623	27	relatively	relatively	ADV
cjal-3258	623	28	unnoticed	unnoticed	ADJ
cjal-3258	623	29	and	and	CCONJ
cjal-3258	623	30	,	,	PUNCT
cjal-3258	623	31	150	150	NUM
cjal-3258	623	32	i	i	NOUN
cjal-3258	623	33	d.	d.	NOUN
cjal-3258	623	34	at	at	ADP
cjal-3258	623	35	565	565	NUM
cjal-3258	623	36	.	.	PUNCT
cjal-3258	624	1	151	151	NUM
cjal-3258	625	1	i	i	PRON
cjal-3258	625	2	d.	d.	NOUN
cjal-3258	625	3	at	at	ADP
cjal-3258	625	4	552	552	NUM
cjal-3258	625	5	.	.	PUNCT
cjal-3258	626	1	152	152	NUM
cjal-3258	626	2	the	the	DET
cjal-3258	626	3	urban	urban	ADJ
cjal-3258	626	4	-	-	PUNCT
cjal-3258	626	5	to	to	ADP
cjal-3258	626	6	rural	rural	ADJ
cjal-3258	626	7	income	income	NOUN
cjal-3258	626	8	ratio	ratio	NOUN
cjal-3258	626	9	widened	widen	VERB
cjal-3258	626	10	from	from	ADP
cjal-3258	626	11	an	an	DET
cjal-3258	626	12	already	already	ADV
cjal-3258	626	13	high	high	ADJ
cjal-3258	626	14	level	level	NOUN
cjal-3258	626	15	of	of	ADP
cjal-3258	626	16	2.20	2.20	NUM
cjal-3258	626	17	in	in	ADP
cjal-3258	626	18	1990	1990	NUM
cjal-3258	626	19	to	to	ADP
cjal-3258	626	20	3.1	3.1	NUM
cjal-3258	626	21	in	in	ADP
cjal-3258	626	22	2002	2002	NUM
cjal-3258	626	23	.	.	PUNCT
cjal-3258	627	1	similarly	similarly	ADV
cjal-3258	627	2	,	,	PUNCT
cjal-3258	627	3	the	the	DET
cjal-3258	627	4	gini	gini	PROPN
cjal-3258	627	5	coefficient	coefficient	PROPN
cjal-3258	627	6	rose	rise	VERB
cjal-3258	627	7	from	from	ADP
cjal-3258	627	8	0.35	0.35	NUM
cjal-3258	627	9	in	in	ADP
cjal-3258	627	10	1990	1990	NUM
cjal-3258	627	11	to	to	ADP
cjal-3258	627	12	0.447	0.447	NUM
cjal-3258	627	13	in	in	ADP
cjal-3258	627	14	2001	2001	NUM
cjal-3258	627	15	.	.	PUNCT
cjal-3258	628	1	un	un	PROPN
cjal-3258	628	2	country	country	PROPN
cjal-3258	628	3	team	team	PROPN
cjal-3258	628	4	china	china	PROPN
cjal-3258	628	5	,	,	PUNCT
cjal-3258	628	6	common	common	ADJ
cjal-3258	628	7	country	country	NOUN
cjal-3258	628	8	assessment	assessment	NOUN
cjal-3258	628	9	2004	2004	NUM
cjal-3258	628	10	,	,	PUNCT
cjal-3258	628	11	4	4	NUM
cjal-3258	628	12	,	,	PUNCT
cjal-3258	628	13	available	available	ADJ
cjal-3258	628	14	at	at	ADP
cjal-3258	628	15	http://www.undp.org.cn/downloads/keydocs/cca2004.pdf	http://www.undp.org.cn/downloads/keydocs/cca2004.pdf	NOUN
cjal-3258	628	16	.	.	PUNCT
cjal-3258	629	1	153	153	NUM
cjal-3258	629	2	bell	bell	PROPN
cjal-3258	629	3	&	&	CCONJ
cjal-3258	629	4	parchomovsky	parchomovsky	PROPN
cjal-3258	629	5	,	,	PUNCT
cjal-3258	629	6	givings	giving	NOUN
cjal-3258	629	7	,	,	PUNCT
cjal-3258	629	8	supra	supra	PROPN
cjal-3258	629	9	note	note	NOUN
cjal-3258	629	10	6	6	NUM
cjal-3258	629	11	,	,	PUNCT
cjal-3258	629	12	at	at	ADP
cjal-3258	629	13	574	574	NUM
cjal-3258	629	14	.	.	PUNCT
cjal-3258	629	15	154	154	NUM
cjal-3258	629	16	i	i	PRON
cjal-3258	629	17	d.	d.	PROPN
cjal-3258	629	18	at	at	ADP
cjal-3258	629	19	575	575	NUM
cjal-3258	629	20	.	.	PUNCT
cjal-3258	629	21	155	155	NUM
cjal-3258	630	1	i	i	PROPN
cjal-3258	630	2	d.	d.	PROPN
cjal-3258	630	3	156	156	NUM
cjal-3258	630	4	the	the	DET
cjal-3258	630	5	"	"	PUNCT
cjal-3258	630	6	dingzhou	dingzhou	NOUN
cjal-3258	630	7	incident	incident	NOUN
cjal-3258	630	8	"	"	PUNCT
cjal-3258	630	9	in	in	ADP
cjal-3258	630	10	july	july	PROPN
cjal-3258	630	11	2005	2005	NUM
cjal-3258	630	12	involved	involve	VERB
cjal-3258	630	13	a	a	DET
cjal-3258	630	14	massive	massive	ADJ
cjal-3258	630	15	peasant	peasant	NOUN
cjal-3258	630	16	riot	riot	NOUN
cjal-3258	630	17	involving	involve	VERB
cjal-3258	630	18	up	up	ADP
cjal-3258	630	19	to	to	PART
cjal-3258	630	20	250	250	NUM
cjal-3258	630	21	participants	participant	NOUN
cjal-3258	630	22	.	.	PUNCT
cjal-3258	631	1	their	their	PRON
cjal-3258	631	2	grievance	grievance	NOUN
cjal-3258	631	3	arose	arise	VERB
cjal-3258	631	4	from	from	ADP
cjal-3258	631	5	inadequate	inadequate	ADJ
cjal-3258	631	6	compensation	compensation	NOUN
cjal-3258	631	7	for	for	ADP
cjal-3258	631	8	acquisition	acquisition	NOUN
cjal-3258	631	9	of	of	ADP
cjal-3258	631	10	their	their	PRON
cjal-3258	631	11	land	land	NOUN
cjal-3258	631	12	,	,	PUNCT
cjal-3258	631	13	*	*	PUNCT
cjal-3258	631	14	328	328	NUM
cjal-3258	632	1	[	[	X
cjal-3258	632	2	20:1	20:1	NUM
cjal-3258	632	3	regulatory	regulatory	ADJ
cjal-3258	632	4	givings	giving	NOUN
cjal-3258	632	5	in	in	ADP
cjal-3258	632	6	china	china	PROPN
cjal-3258	632	7	more	more	ADV
cjal-3258	632	8	often	often	ADV
cjal-3258	632	9	than	than	ADP
cjal-3258	632	10	not	not	PART
cjal-3258	632	11	,	,	PUNCT
cjal-3258	632	12	unopposed	unoppose	VERB
cjal-3258	632	13	in	in	ADP
cjal-3258	632	14	china	china	PROPN
cjal-3258	632	15	.	.	PUNCT
cjal-3258	633	1	for	for	ADP
cjal-3258	633	2	example	example	NOUN
cjal-3258	633	3	,	,	PUNCT
cjal-3258	633	4	the	the	DET
cjal-3258	633	5	establishment	establishment	NOUN
cjal-3258	633	6	of	of	ADP
cjal-3258	633	7	a	a	DET
cjal-3258	633	8	special	special	ADJ
cjal-3258	633	9	economic	economic	ADJ
cjal-3258	633	10	zone	zone	NOUN
cjal-3258	633	11	will	will	AUX
cjal-3258	633	12	provide	provide	VERB
cjal-3258	633	13	great	great	ADJ
cjal-3258	633	14	financial	financial	ADJ
cjal-3258	633	15	benefits	benefit	NOUN
cjal-3258	633	16	in	in	ADP
cjal-3258	633	17	the	the	DET
cjal-3258	633	18	forms	form	NOUN
cjal-3258	633	19	of	of	ADP
cjal-3258	633	20	favorable	favorable	ADJ
cjal-3258	633	21	tax	tax	NOUN
cjal-3258	633	22	policies	policy	NOUN
cjal-3258	633	23	and	and	CCONJ
cjal-3258	633	24	government	government	NOUN
cjal-3258	633	25	investments	investment	NOUN
cjal-3258	633	26	in	in	ADP
cjal-3258	633	27	the	the	DET
cjal-3258	633	28	area	area	NOUN
cjal-3258	633	29	.	.	PUNCT
cjal-3258	634	1	1	1	NUM
cjal-3258	634	2	57	57	NUM
cjal-3258	634	3	there	there	PRON
cjal-3258	634	4	are	be	VERB
cjal-3258	634	5	no	no	DET
cjal-3258	634	6	takings	taking	NOUN
cjal-3258	634	7	of	of	ADP
cjal-3258	634	8	private	private	ADJ
cjal-3258	634	9	property	property	NOUN
cjal-3258	634	10	involved	involve	VERB
cjal-3258	634	11	,	,	PUNCT
cjal-3258	634	12	although	although	SCONJ
cjal-3258	634	13	the	the	DET
cjal-3258	634	14	remaining	remain	VERB
cjal-3258	634	15	provinces	province	NOUN
cjal-3258	634	16	and	and	CCONJ
cjal-3258	634	17	areas	area	NOUN
cjal-3258	634	18	become	become	VERB
cjal-3258	634	19	relatively	relatively	ADV
cjal-3258	634	20	poorer	poor	ADJ
cjal-3258	634	21	,	,	PUNCT
cjal-3258	634	22	evident	evident	ADJ
cjal-3258	634	23	by	by	ADP
cjal-3258	634	24	the	the	DET
cjal-3258	634	25	huge	huge	ADJ
cjal-3258	634	26	poverty	poverty	NOUN
cjal-3258	634	27	gap	gap	NOUN
cjal-3258	634	28	in	in	ADP
cjal-3258	634	29	china	china	PROPN
cjal-3258	634	30	.	.	PUNCT
cjal-3258	635	1	the	the	DET
cjal-3258	635	2	granting	granting	NOUN
cjal-3258	635	3	of	of	ADP
cjal-3258	635	4	a	a	DET
cjal-3258	635	5	monopoly	monopoly	NOUN
cjal-3258	635	6	trade	trade	NOUN
cjal-3258	635	7	license	license	NOUN
cjal-3258	635	8	is	be	AUX
cjal-3258	635	9	also	also	ADV
cjal-3258	635	10	a	a	DET
cjal-3258	635	11	common	common	ADJ
cjal-3258	635	12	form	form	NOUN
cjal-3258	635	13	of	of	ADP
cjal-3258	635	14	a	a	DET
cjal-3258	635	15	givings	giving	NOUN
cjal-3258	635	16	in	in	ADP
cjal-3258	635	17	china	china	PROPN
cjal-3258	635	18	that	that	PRON
cjal-3258	635	19	provides	provide	VERB
cjal-3258	635	20	enormous	enormous	ADJ
cjal-3258	635	21	benefits	benefit	NOUN
cjal-3258	635	22	to	to	ADP
cjal-3258	635	23	the	the	DET
cjal-3258	635	24	recipients	recipient	NOUN
cjal-3258	635	25	without	without	ADP
cjal-3258	635	26	any	any	DET
cjal-3258	635	27	real	real	ADJ
cjal-3258	635	28	social	social	ADJ
cjal-3258	635	29	scrutiny	scrutiny	NOUN
cjal-3258	635	30	and	and	CCONJ
cjal-3258	635	31	objection	objection	NOUN
cjal-3258	635	32	.	.	PUNCT
cjal-3258	636	1	nonetheless	nonetheless	ADV
cjal-3258	636	2	,	,	PUNCT
cjal-3258	636	3	such	such	ADJ
cjal-3258	636	4	givings	giving	NOUN
cjal-3258	636	5	are	be	AUX
cjal-3258	636	6	a	a	DET
cjal-3258	636	7	dangerous	dangerous	ADJ
cjal-3258	636	8	breeding	breeding	NOUN
cjal-3258	636	9	ground	ground	NOUN
cjal-3258	636	10	for	for	ADP
cjal-3258	636	11	corruption	corruption	NOUN
cjal-3258	636	12	and	and	CCONJ
cjal-3258	636	13	abuse	abuse	NOUN
cjal-3258	636	14	.	.	PUNCT
cjal-3258	637	1	158	158	NUM
cjal-3258	638	1	these	these	DET
cjal-3258	638	2	risks	risk	NOUN
cjal-3258	638	3	are	be	AUX
cjal-3258	638	4	further	far	ADV
cjal-3258	638	5	exacerbated	exacerbate	VERB
cjal-3258	638	6	in	in	ADP
cjal-3258	638	7	the	the	DET
cjal-3258	638	8	chinese	chinese	ADJ
cjal-3258	638	9	social	social	ADJ
cjal-3258	638	10	and	and	CCONJ
cjal-3258	638	11	political	political	ADJ
cjal-3258	638	12	context	context	NOUN
cjal-3258	638	13	.	.	PUNCT
cjal-3258	639	1	the	the	DET
cjal-3258	639	2	lack	lack	NOUN
cjal-3258	639	3	of	of	ADP
cjal-3258	639	4	political	political	ADJ
cjal-3258	639	5	accountability	accountability	NOUN
cjal-3258	639	6	through	through	ADP
cjal-3258	639	7	popular	popular	ADJ
cjal-3258	639	8	election	election	NOUN
cjal-3258	639	9	means	mean	VERB
cjal-3258	639	10	the	the	DET
cjal-3258	639	11	government	government	NOUN
cjal-3258	639	12	is	be	AUX
cjal-3258	639	13	even	even	ADV
cjal-3258	639	14	more	more	ADV
cjal-3258	639	15	susceptible	susceptible	ADJ
cjal-3258	639	16	to	to	ADP
cjal-3258	639	17	bribes	bribe	NOUN
cjal-3258	639	18	and	and	CCONJ
cjal-3258	639	19	inducement	inducement	NOUN
cjal-3258	639	20	by	by	ADP
cjal-3258	639	21	a	a	DET
cjal-3258	639	22	small	small	ADJ
cjal-3258	639	23	number	number	NOUN
cjal-3258	639	24	of	of	ADP
cjal-3258	639	25	powerful	powerful	ADJ
cjal-3258	639	26	elite	elite	NOUN
cjal-3258	639	27	.	.	PUNCT
cjal-3258	640	1	the	the	DET
cjal-3258	640	2	people	people	NOUN
cjal-3258	640	3	who	who	PRON
cjal-3258	640	4	are	be	AUX
cjal-3258	640	5	discontent	discontent	ADJ
cjal-3258	640	6	with	with	ADP
cjal-3258	640	7	the	the	DET
cjal-3258	640	8	government	government	NOUN
cjal-3258	640	9	's	's	PART
cjal-3258	640	10	givings	giving	NOUN
cjal-3258	640	11	policy	policy	NOUN
cjal-3258	640	12	may	may	AUX
cjal-3258	640	13	not	not	PART
cjal-3258	640	14	act	act	VERB
cjal-3258	640	15	upon	upon	SCONJ
cjal-3258	640	16	their	their	PRON
cjal-3258	640	17	anger	anger	NOUN
cjal-3258	640	18	because	because	SCONJ
cjal-3258	640	19	of	of	ADP
cjal-3258	640	20	insufficient	insufficient	ADJ
cjal-3258	640	21	personal	personal	ADJ
cjal-3258	640	22	incentives	incentive	NOUN
cjal-3258	640	23	to	to	PART
cjal-3258	640	24	oppose	oppose	VERB
cjal-3258	640	25	it	it	PRON
cjal-3258	640	26	.	.	PUNCT
cjal-3258	641	1	nevertheless	nevertheless	ADV
cjal-3258	641	2	in	in	ADP
cjal-3258	641	3	a	a	DET
cjal-3258	641	4	democratic	democratic	ADJ
cjal-3258	641	5	environment	environment	NOUN
cjal-3258	641	6	with	with	ADP
cjal-3258	641	7	regular	regular	ADJ
cjal-3258	641	8	elections	election	NOUN
cjal-3258	641	9	,	,	PUNCT
cjal-3258	641	10	they	they	PRON
cjal-3258	641	11	may	may	AUX
cjal-3258	641	12	still	still	ADV
cjal-3258	641	13	affect	affect	VERB
cjal-3258	641	14	the	the	DET
cjal-3258	641	15	policy	policy	NOUN
cjal-3258	641	16	by	by	ADP
cjal-3258	641	17	casting	cast	VERB
cjal-3258	641	18	a	a	DET
cjal-3258	641	19	disapproving	disapproving	ADJ
cjal-3258	641	20	vote	vote	NOUN
cjal-3258	641	21	.	.	PUNCT
cjal-3258	642	1	it	it	PRON
cjal-3258	642	2	is	be	AUX
cjal-3258	642	3	easy	easy	ADJ
cjal-3258	642	4	to	to	PART
cjal-3258	642	5	envision	envision	VERB
cjal-3258	642	6	a	a	DET
cjal-3258	642	7	much	much	ADV
cjal-3258	642	8	greater	great	ADJ
cjal-3258	642	9	risk	risk	NOUN
cjal-3258	642	10	of	of	ADP
cjal-3258	642	11	abuse	abuse	NOUN
cjal-3258	642	12	and	and	CCONJ
cjal-3258	642	13	corruption	corruption	NOUN
cjal-3258	642	14	through	through	ADP
cjal-3258	642	15	government	government	NOUN
cjal-3258	642	16	's	's	PART
cjal-3258	642	17	givings	giving	NOUN
cjal-3258	642	18	in	in	ADP
cjal-3258	642	19	the	the	DET
cjal-3258	642	20	absence	absence	NOUN
cjal-3258	642	21	of	of	ADP
cjal-3258	642	22	even	even	ADV
cjal-3258	642	23	such	such	ADJ
cjal-3258	642	24	limited	limited	ADJ
cjal-3258	642	25	checks	check	NOUN
cjal-3258	642	26	.	.	PUNCT
cjal-3258	643	1	in	in	ADP
cjal-3258	643	2	fact	fact	NOUN
cjal-3258	643	3	,	,	PUNCT
cjal-3258	643	4	it	it	PRON
cjal-3258	643	5	possible	possible	ADJ
cjal-3258	643	6	that	that	SCONJ
cjal-3258	643	7	had	have	VERB
cjal-3258	643	8	the	the	DET
cjal-3258	643	9	reform	reform	NOUN
cjal-3258	643	10	policy	policy	NOUN
cjal-3258	643	11	not	not	PART
cjal-3258	643	12	so	so	ADV
cjal-3258	643	13	directly	directly	ADV
cjal-3258	643	14	resulted	result	VERB
cjal-3258	643	15	in	in	ADP
cjal-3258	643	16	a	a	DET
cjal-3258	643	17	loss	loss	NOUN
cjal-3258	643	18	to	to	ADP
cjal-3258	643	19	the	the	DET
cjal-3258	643	20	tradable	tradable	ADJ
cjal-3258	643	21	shareholders	shareholder	NOUN
cjal-3258	643	22	,	,	PUNCT
cjal-3258	643	23	the	the	DET
cjal-3258	643	24	stock	stock	NOUN
cjal-3258	643	25	market	market	NOUN
cjal-3258	643	26	consisting	consist	VERB
cjal-3258	643	27	of	of	ADP
cjal-3258	643	28	these	these	DET
cjal-3258	643	29	tradable	tradable	ADJ
cjal-3258	643	30	shareholders	shareholder	NOUN
cjal-3258	643	31	would	would	AUX
cjal-3258	643	32	not	not	PART
cjal-3258	643	33	have	have	AUX
cjal-3258	643	34	reacted	react	VERB
cjal-3258	643	35	so	so	ADV
cjal-3258	643	36	violently	violently	ADV
cjal-3258	643	37	when	when	SCONJ
cjal-3258	643	38	the	the	DET
cjal-3258	643	39	attempted	attempt	VERB
cjal-3258	643	40	reform	reform	NOUN
cjal-3258	643	41	was	be	AUX
cjal-3258	643	42	introduced	introduce	VERB
cjal-3258	643	43	in	in	ADP
cjal-3258	643	44	2001.159	2001.159	NUM
cjal-3258	643	45	without	without	ADP
cjal-3258	643	46	this	this	DET
cjal-3258	643	47	reaction	reaction	NOUN
cjal-3258	643	48	,	,	PUNCT
cjal-3258	643	49	the	the	DET
cjal-3258	643	50	government	government	NOUN
cjal-3258	643	51	would	would	AUX
cjal-3258	643	52	have	have	AUX
cjal-3258	643	53	been	be	AUX
cjal-3258	643	54	much	much	ADV
cjal-3258	643	55	more	more	ADV
cjal-3258	643	56	likely	likely	ADJ
cjal-3258	643	57	to	to	PART
cjal-3258	643	58	proceed	proceed	VERB
cjal-3258	643	59	with	with	ADP
cjal-3258	643	60	the	the	DET
cjal-3258	643	61	conferral	conferral	NOUN
cjal-3258	643	62	of	of	ADP
cjal-3258	643	63	an	an	DET
cjal-3258	643	64	enormous	enormous	ADJ
cjal-3258	643	65	regulatory	regulatory	ADJ
cjal-3258	643	66	givings	giving	NOUN
cjal-3258	643	67	to	to	ADP
cjal-3258	643	68	the	the	DET
cjal-3258	643	69	non	non	ADJ
cjal-3258	643	70	-	-	ADJ
cjal-3258	643	71	tradable	tradable	ADJ
cjal-3258	643	72	shareholders	shareholder	NOUN
cjal-3258	643	73	without	without	ADP
cjal-3258	643	74	requiring	require	VERB
cjal-3258	643	75	their	their	PRON
cjal-3258	643	76	payment	payment	NOUN
cjal-3258	643	77	of	of	ADP
cjal-3258	643	78	any	any	DET
cjal-3258	643	79	compensation	compensation	NOUN
cjal-3258	643	80	or	or	CCONJ
cjal-3258	643	81	charge	charge	NOUN
cjal-3258	643	82	.	.	PUNCT
cjal-3258	644	1	yet	yet	CCONJ
cjal-3258	644	2	this	this	DET
cjal-3258	644	3	type	type	NOUN
cjal-3258	644	4	of	of	ADP
cjal-3258	644	5	situation	situation	NOUN
cjal-3258	644	6	remains	remain	VERB
cjal-3258	644	7	the	the	DET
cjal-3258	644	8	exception	exception	NOUN
cjal-3258	644	9	,	,	PUNCT
cjal-3258	644	10	and	and	CCONJ
cjal-3258	644	11	most	most	ADJ
cjal-3258	644	12	givings	giving	NOUN
cjal-3258	644	13	in	in	ADP
cjal-3258	644	14	china	china	PROPN
cjal-3258	644	15	remain	remain	VERB
cjal-3258	644	16	unnoticed	unnoticed	ADJ
cjal-3258	644	17	,	,	PUNCT
cjal-3258	644	18	unopposed	unopposed	ADJ
cjal-3258	644	19	and	and	CCONJ
cjal-3258	644	20	unchecked	unchecked	ADJ
cjal-3258	644	21	.	.	PUNCT
cjal-3258	645	1	ii-6	ii-6	NOUN
cjal-3258	645	2	,	,	PUNCT
cjal-3258	645	3	5v'l[-v1	5v'l[-v1	NUM
cjal-3258	646	1	[	[	X
cjal-3258	646	2	zhu	zhu	PROPN
cjal-3258	646	3	shugu	shugu	NOUN
cjal-3258	646	4	,	,	PUNCT
cjal-3258	646	5	the	the	DET
cjal-3258	646	6	examination	examination	NOUN
cjal-3258	646	7	of	of	ADP
cjal-3258	646	8	the	the	DET
cjal-3258	646	9	dingzhou	dingzhou	PROPN
cjal-3258	646	10	incident	incident	PROPN
cjal-3258	646	11	can	can	AUX
cjal-3258	646	12	not	not	PART
cjal-3258	646	13	simply	simply	ADV
cjal-3258	646	14	stop	stop	VERB
cjal-3258	646	15	at	at	ADP
cjal-3258	646	16	ceasing	cease	VERB
cjal-3258	646	17	acquisition	acquisition	NOUN
cjal-3258	646	18	]	]	PUNCT
cjal-3258	646	19	)	)	PUNCT
cjal-3258	646	20	dtq4[great	dtq4[great	NOUN
cjal-3258	646	21	river	river	NOUN
cjal-3258	646	22	gazette	gazette	NOUN
cjal-3258	646	23	]	]	X
cjal-3258	646	24	,	,	PUNCT
cjal-3258	646	25	july	july	PROPN
cjal-3258	646	26	22	22	NUM
cjal-3258	646	27	,	,	PUNCT
cjal-3258	646	28	2005	2005	NUM
cjal-3258	646	29	,	,	PUNCT
cjal-3258	646	30	at	at	ADP
cjal-3258	646	31	a04	a04	NOUN
cjal-3258	646	32	,	,	PUNCT
cjal-3258	646	33	available	available	ADJ
cjal-3258	646	34	at	at	ADP
cjal-3258	646	35	http://epaper.hnby.com.cn/dhb/200507/22/a04-13a.pdf	http://epaper.hnby.com.cn/dhb/200507/22/a04-13a.pdf	PROPN
cjal-3258	646	36	;	;	PUNCT
cjal-3258	646	37	january	january	PROPN
cjal-3258	646	38	2006	2006	NUM
cjal-3258	646	39	saw	see	VERB
cjal-3258	646	40	another	another	DET
cjal-3258	646	41	mass	mass	ADJ
cjal-3258	646	42	protest	protest	NOUN
cjal-3258	646	43	in	in	ADP
cjal-3258	646	44	the	the	DET
cjal-3258	646	45	guangdong	guangdong	PROPN
cjal-3258	646	46	city	city	PROPN
cjal-3258	646	47	of	of	ADP
cjal-3258	646	48	zhongshan	zhongshan	PROPN
cjal-3258	646	49	over	over	ADP
cjal-3258	646	50	inadequate	inadequate	ADJ
cjal-3258	646	51	compensation	compensation	NOUN
cjal-3258	646	52	for	for	ADP
cjal-3258	646	53	land	land	NOUN
cjal-3258	646	54	acquisition	acquisition	NOUN
cjal-3258	646	55	,	,	PUNCT
cjal-3258	646	56	lpi	lpi	PROPN
cjal-3258	646	57	t!ili	t!ili	PROPN
cjal-3258	646	58	"	"	PUNCT
cjal-3258	646	59	jij	jij	NOUN
cjal-3258	647	1	[	[	X
cjal-3258	647	2	negotiation	negotiation	NOUN
cjal-3258	647	3	between	between	ADP
cjal-3258	647	4	government	government	NOUN
cjal-3258	647	5	and	and	CCONJ
cjal-3258	647	6	people	people	NOUN
cjal-3258	647	7	in	in	ADP
cjal-3258	647	8	dispute	dispute	NOUN
cjal-3258	647	9	over	over	ADP
cjal-3258	647	10	zhongshan	zhongshan	PROPN
cjal-3258	647	11	land	land	NOUN
cjal-3258	647	12	acquisition	acquisition	NOUN
cjal-3258	647	13	]	]	PUNCT
cjal-3258	647	14	,	,	PUNCT
cjal-3258	647	15	rk	rk	VERB
cjal-3258	647	16	z	z	NOUN
cjal-3258	647	17	*	*	PUNCT
cjal-3258	648	1	[	[	X
cjal-3258	648	2	takungpao	takungpao	X
cjal-3258	648	3	]	]	X
cjal-3258	648	4	,	,	PUNCT
cjal-3258	648	5	jan	jan	PROPN
cjal-3258	648	6	.	.	PROPN
cjal-3258	648	7	14	14	NUM
cjal-3258	648	8	,	,	PUNCT
cjal-3258	648	9	2006	2006	NUM
cjal-3258	648	10	,	,	PUNCT
cjal-3258	648	11	available	available	ADJ
cjal-3258	648	12	at	at	ADP
cjal-3258	648	13	http://www.chinaelections.org/newslnfo.asp?newsid=44633	http://www.chinaelections.org/newslnfo.asp?newsid=44633	PROPN
cjal-3258	648	14	.	.	PUNCT
cjal-3258	649	1	'	'	PUNCT
cjal-3258	649	2	see	see	VERB
cjal-3258	649	3	,	,	PUNCT
cjal-3258	649	4	e.g.	e.g.	ADV
cjal-3258	649	5	,	,	PUNCT
cjal-3258	649	6	invt	invt	PROPN
cjal-3258	649	7	&	&	CCONJ
cjal-3258	649	8	&	&	CCONJ
cjal-3258	649	9	h3j	h3j	PROPN
cjal-3258	649	10	,	,	PUNCT
cjal-3258	649	11	thnlk	thnlk	PROPN
cjal-3258	649	12	wto	wto	PROPN
cjal-3258	649	13	:	:	PUNCT
cjal-3258	649	14	1flx	1flx	NUM
cjal-3258	649	15	*	*	SYM
cjal-3258	649	16	'	'	NUM
cjal-3258	649	17	4	4	NUM
cjal-3258	649	18	[	[	X
cjal-3258	649	19	tang	tang	X
cjal-3258	649	20	renwu	renwu	PROPN
cjal-3258	649	21	&	&	CCONJ
cjal-3258	649	22	lei	lei	PROPN
cjal-3258	649	23	xiaoning	xiaoning	PROPN
cjal-3258	649	24	,	,	PUNCT
cjal-3258	649	25	entry	entry	NOUN
cjal-3258	649	26	to	to	ADP
cjal-3258	649	27	wto	wto	PROPN
cjal-3258	649	28	:	:	PUNCT
cjal-3258	649	29	the	the	DET
cjal-3258	649	30	end	end	NOUN
cjal-3258	649	31	of	of	ADP
cjal-3258	649	32	the	the	DET
cjal-3258	649	33	economic	economic	ADJ
cjal-3258	649	34	special	special	ADJ
cjal-3258	649	35	zone	zone	NOUN
cjal-3258	649	36	's	's	PART
cjal-3258	649	37	mission	mission	NOUN
cjal-3258	649	38	]	]	PUNCT
cjal-3258	649	39	,	,	PUNCT
cjal-3258	649	40	k*[reform	k*[reform	PROPN
cjal-3258	649	41	]	]	X
cjal-3258	649	42	(	(	PUNCT
cjal-3258	649	43	2002	2002	NUM
cjal-3258	649	44	)	)	PUNCT
cjal-3258	649	45	,	,	PUNCT
cjal-3258	649	46	available	available	ADJ
cjal-3258	649	47	at	at	ADP
cjal-3258	649	48	http://www.reform.net.cn/article/view.php?art=-502	http://www.reform.net.cn/article/view.php?art=-502	PROPN
cjal-3258	649	49	(	(	PUNCT
cjal-3258	649	50	registration	registration	NOUN
cjal-3258	649	51	required	require	VERB
cjal-3258	649	52	)	)	PUNCT
cjal-3258	649	53	.	.	PUNCT
cjal-3258	650	1	58	58	NUM
cjal-3258	651	1	_	_	NOUN
cjal-3258	651	2	i?3w	i?3w	NOUN
cjal-3258	651	3	,	,	PUNCT
cjal-3258	651	4	1	1	NUM
cjal-3258	651	5	,	,	PUNCT
cjal-3258	651	6	,	,	PUNCT
cjal-3258	651	7	,	,	PUNCT
cjal-3258	651	8	t	t	PROPN
cjal-3258	652	1	[	[	X
cjal-3258	652	2	wang	wang	PROPN
cjal-3258	652	3	xinya	xinya	PROPN
cjal-3258	652	4	,	,	PUNCT
cjal-3258	652	5	xue	xue	PROPN
cjal-3258	652	6	kai	kai	PROPN
cjal-3258	652	7	,	,	PUNCT
cjal-3258	652	8	sun	sun	PROPN
cjal-3258	652	9	jinxia	jinxia	PROPN
cjal-3258	652	10	,	,	PUNCT
cjal-3258	652	11	he	he	PRON
cjal-3258	652	12	dawei	dawei	PROPN
cjal-3258	652	13	,	,	PUNCT
cjal-3258	652	14	halting	halt	VERB
cjal-3258	652	15	the	the	DET
cjal-3258	652	16	unreasonable	unreasonable	ADJ
cjal-3258	652	17	poverty	poverty	NOUN
cjal-3258	652	18	gap	gap	NOUN
cjal-3258	652	19	]	]	PUNCT
cjal-3258	652	20	,	,	PUNCT
cjal-3258	652	21	*	*	PUNCT
cjal-3258	652	22	a-.a	a-.a	ADJ
cjal-3258	652	23	nift	nift	NOUN
cjal-3258	653	1	[	[	X
cjal-3258	653	2	china	china	PROPN
cjal-3258	653	3	comment	comment	NOUN
cjal-3258	653	4	]	]	X
cjal-3258	653	5	,	,	PUNCT
cjal-3258	653	6	march	march	PROPN
cjal-3258	653	7	2005	2005	NUM
cjal-3258	653	8	,	,	PUNCT
cjal-3258	653	9	available	available	ADJ
cjal-3258	653	10	at	at	ADP
cjal-3258	653	11	http://news3.xinhuanet.com/banyt/2005-02/28/content_2628264.htm	http://news3.xinhuanet.com/banyt/2005-02/28/content_2628264.htm	NUM
cjal-3258	653	12	.	.	PROPN
cjal-3258	653	13	19	19	NUM
cjal-3258	653	14	see	see	VERB
cjal-3258	653	15	supra	supra	PROPN
cjal-3258	653	16	part	part	NOUN
cjal-3258	653	17	ii.c	ii.c	VERB
cjal-3258	653	18	.	.	PUNCT
cjal-3258	654	1	2006	2006	NUM
cjal-3258	654	2	]	]	PUNCT
cjal-3258	654	3	329	329	NUM
cjal-3258	654	4	columbia	columbia	PROPN
cjal-3258	654	5	journal	journal	NOUN
cjal-3258	654	6	of	of	ADP
cjal-3258	654	7	asian	asian	PROPN
cjal-3258	654	8	la	la	PROPN
cjal-3258	654	9	w	w	PROPN
cjal-3258	654	10	fourth	fourth	ADJ
cjal-3258	654	11	,	,	PUNCT
cjal-3258	654	12	givings	giving	NOUN
cjal-3258	654	13	,	,	PUNCT
cjal-3258	654	14	like	like	ADP
cjal-3258	654	15	takings	taking	NOUN
cjal-3258	654	16	,	,	PUNCT
cjal-3258	654	17	raise	raise	VERB
cjal-3258	654	18	great	great	ADJ
cjal-3258	654	19	concerns	concern	NOUN
cjal-3258	654	20	of	of	ADP
cjal-3258	654	21	fairness	fairness	NOUN
cjal-3258	654	22	and	and	CCONJ
cjal-3258	654	23	efficiency.1	efficiency.1	NOUN
cjal-3258	654	24	60	60	NUM
cjal-3258	654	25	unaccounted	unaccounted	ADJ
cjal-3258	654	26	givings	giving	NOUN
cjal-3258	654	27	result	result	VERB
cjal-3258	654	28	in	in	ADP
cjal-3258	654	29	positive	positive	ADJ
cjal-3258	654	30	externalities	externality	NOUN
cjal-3258	654	31	that	that	PRON
cjal-3258	654	32	would	would	AUX
cjal-3258	654	33	,	,	PUNCT
cjal-3258	654	34	if	if	SCONJ
cjal-3258	654	35	not	not	PART
cjal-3258	654	36	internalized	internalize	VERB
cjal-3258	654	37	,	,	PUNCT
cjal-3258	654	38	create	create	VERB
cjal-3258	654	39	fiscal	fiscal	ADJ
cjal-3258	654	40	illusion	illusion	NOUN
cjal-3258	654	41	.	.	PUNCT
cjal-3258	655	1	61	61	NUM
cjal-3258	655	2	regardless	regardless	ADV
cjal-3258	655	3	of	of	ADP
cjal-3258	655	4	which	which	DET
cjal-3258	655	5	theory	theory	NOUN
cjal-3258	655	6	one	one	PRON
cjal-3258	655	7	might	might	AUX
cjal-3258	655	8	adopt	adopt	VERB
cjal-3258	655	9	as	as	ADP
cjal-3258	655	10	to	to	ADP
cjal-3258	655	11	how	how	SCONJ
cjal-3258	655	12	the	the	DET
cjal-3258	655	13	government	government	NOUN
cjal-3258	655	14	is	be	AUX
cjal-3258	655	15	assumed	assume	VERB
cjal-3258	655	16	to	to	PART
cjal-3258	655	17	act	act	VERB
cjal-3258	655	18	,	,	PUNCT
cjal-3258	655	19	this	this	DET
cjal-3258	655	20	fiscal	fiscal	ADJ
cjal-3258	655	21	illusion	illusion	NOUN
cjal-3258	655	22	will	will	AUX
cjal-3258	655	23	distort	distort	VERB
cjal-3258	655	24	its	its	PRON
cjal-3258	655	25	incentives	incentive	NOUN
cjal-3258	655	26	and	and	CCONJ
cjal-3258	655	27	is	be	AUX
cjal-3258	655	28	likely	likely	ADJ
cjal-3258	655	29	to	to	PART
cjal-3258	655	30	lead	lead	VERB
cjal-3258	655	31	to	to	ADP
cjal-3258	655	32	inefficiency	inefficiency	NOUN
cjal-3258	655	33	.	.	PUNCT
cjal-3258	656	1	162	162	NUM
cjal-3258	656	2	unaccounted	unaccounted	ADJ
cjal-3258	656	3	givings	giving	NOUN
cjal-3258	656	4	may	may	AUX
cjal-3258	656	5	cause	cause	VERB
cjal-3258	656	6	the	the	DET
cjal-3258	656	7	failure	failure	NOUN
cjal-3258	656	8	of	of	ADP
cjal-3258	656	9	the	the	DET
cjal-3258	656	10	government	government	NOUN
cjal-3258	656	11	to	to	PART
cjal-3258	656	12	undertake	undertake	VERB
cjal-3258	656	13	economically	economically	ADV
cjal-3258	656	14	efficient	efficient	ADJ
cjal-3258	656	15	projects	project	NOUN
cjal-3258	656	16	and	and	CCONJ
cjal-3258	656	17	distort	distort	VERB
cjal-3258	656	18	the	the	DET
cjal-3258	656	19	investment	investment	NOUN
cjal-3258	656	20	decisions	decision	NOUN
cjal-3258	656	21	of	of	ADP
cjal-3258	656	22	individuals	individual	NOUN
cjal-3258	656	23	.	.	PUNCT
cjal-3258	657	1	163	163	NUM
cjal-3258	657	2	similarly	similarly	ADV
cjal-3258	657	3	,	,	PUNCT
cjal-3258	657	4	"	"	PUNCT
cjal-3258	657	5	it	it	PRON
cjal-3258	657	6	is	be	AUX
cjal-3258	657	7	inequitable	inequitable	ADJ
cjal-3258	657	8	to	to	PART
cjal-3258	657	9	bestow	bestow	VERB
cjal-3258	657	10	a	a	DET
cjal-3258	657	11	benefit	benefit	NOUN
cjal-3258	657	12	upon	upon	SCONJ
cjal-3258	657	13	some	some	DET
cjal-3258	657	14	people	people	NOUN
cjal-3258	657	15	that	that	SCONJ
cjal-3258	657	16	,	,	PUNCT
cjal-3258	657	17	in	in	ADP
cjal-3258	657	18	all	all	DET
cjal-3258	657	19	fairness	fairness	NOUN
cjal-3258	657	20	and	and	CCONJ
cjal-3258	657	21	justice	justice	NOUN
cjal-3258	657	22	,	,	PUNCT
cjal-3258	657	23	should	should	AUX
cjal-3258	657	24	be	be	AUX
cjal-3258	657	25	given	give	VERB
cjal-3258	657	26	to	to	ADP
cjal-3258	657	27	the	the	DET
cjal-3258	657	28	public	public	NOUN
cjal-3258	657	29	as	as	ADP
cjal-3258	657	30	a	a	DET
cjal-3258	657	31	whole	whole	NOUN
cjal-3258	657	32	.	.	PUNCT
cjal-3258	658	1	"	"	PUNCT
cjal-3258	658	2	'	'	PUNCT
cjal-3258	658	3	64	64	NUM
cjal-3258	658	4	fairness	fairness	NOUN
cjal-3258	658	5	may	may	AUX
cjal-3258	658	6	be	be	AUX
cjal-3258	658	7	a	a	DET
cjal-3258	658	8	highly	highly	ADV
cjal-3258	658	9	subjective	subjective	ADJ
cjal-3258	658	10	term	term	NOUN
cjal-3258	658	11	,	,	PUNCT
cjal-3258	658	12	but	but	CCONJ
cjal-3258	658	13	it	it	PRON
cjal-3258	658	14	is	be	AUX
cjal-3258	658	15	generally	generally	ADV
cjal-3258	658	16	agreed	agree	VERB
cjal-3258	658	17	that	that	SCONJ
cjal-3258	658	18	it	it	PRON
cjal-3258	658	19	is	be	AUX
cjal-3258	658	20	unfair	unfair	ADJ
cjal-3258	658	21	for	for	SCONJ
cjal-3258	658	22	the	the	DET
cjal-3258	658	23	government	government	NOUN
cjal-3258	658	24	to	to	PART
cjal-3258	658	25	discriminatorily	discriminatorily	ADV
cjal-3258	658	26	allocate	allocate	VERB
cjal-3258	658	27	benefits	benefit	NOUN
cjal-3258	658	28	on	on	ADP
cjal-3258	658	29	the	the	DET
cjal-3258	658	30	basis	basis	NOUN
cjal-3258	658	31	of	of	ADP
cjal-3258	658	32	the	the	DET
cjal-3258	658	33	recipient	recipient	NOUN
cjal-3258	658	34	's	's	PART
cjal-3258	658	35	ability	ability	NOUN
cjal-3258	658	36	to	to	PART
cjal-3258	658	37	exploit	exploit	VERB
cjal-3258	658	38	the	the	DET
cjal-3258	658	39	political	political	ADJ
cjal-3258	658	40	system	system	NOUN
cjal-3258	658	41	.	.	PUNCT
cjal-3258	659	1	165	165	NUM
cjal-3258	659	2	the	the	DET
cjal-3258	659	3	wealth	wealth	NOUN
cjal-3258	659	4	distribution	distribution	NOUN
cjal-3258	659	5	potential	potential	NOUN
cjal-3258	659	6	of	of	ADP
cjal-3258	659	7	givings	giving	NOUN
cjal-3258	659	8	is	be	AUX
cjal-3258	659	9	particularly	particularly	ADV
cjal-3258	659	10	relevant	relevant	ADJ
cjal-3258	659	11	in	in	ADP
cjal-3258	659	12	china	china	PROPN
cjal-3258	659	13	's	's	PART
cjal-3258	659	14	rapidly	rapidly	ADV
cjal-3258	659	15	increasing	increase	VERB
cjal-3258	659	16	poverty	poverty	NOUN
cjal-3258	659	17	gap	gap	NOUN
cjal-3258	659	18	.	.	PUNCT
cjal-3258	660	1	while	while	SCONJ
cjal-3258	660	2	the	the	DET
cjal-3258	660	3	policy	policy	NOUN
cjal-3258	660	4	of	of	ADP
cjal-3258	660	5	"	"	PUNCT
cjal-3258	660	6	let	let	VERB
cjal-3258	660	7	some	some	PRON
cjal-3258	660	8	get	get	VERB
cjal-3258	660	9	rich	rich	ADJ
cjal-3258	660	10	first	first	ADV
cjal-3258	660	11	"	"	PUNCT
cjal-3258	660	12	has	have	VERB
cjal-3258	660	13	its	its	PRON
cjal-3258	660	14	merits	merit	NOUN
cjal-3258	660	15	and	and	CCONJ
cjal-3258	660	16	may	may	AUX
cjal-3258	660	17	even	even	ADV
cjal-3258	660	18	have	have	AUX
cjal-3258	660	19	been	be	AUX
cjal-3258	660	20	necessary	necessary	ADJ
cjal-3258	660	21	in	in	ADP
cjal-3258	660	22	the	the	DET
cjal-3258	660	23	initial	initial	ADJ
cjal-3258	660	24	years	year	NOUN
cjal-3258	660	25	of	of	ADP
cjal-3258	660	26	economic	economic	ADJ
cjal-3258	660	27	development	development	NOUN
cjal-3258	660	28	and	and	CCONJ
cjal-3258	660	29	transition	transition	NOUN
cjal-3258	660	30	,	,	PUNCT
cjal-3258	660	31	166	166	NUM
cjal-3258	660	32	it	it	PRON
cjal-3258	660	33	is	be	AUX
cjal-3258	660	34	highly	highly	ADV
cjal-3258	660	35	questionable	questionable	ADJ
cjal-3258	660	36	whether	whether	SCONJ
cjal-3258	660	37	continued	continue	VERB
cjal-3258	660	38	givings	giving	NOUN
cjal-3258	660	39	benefiting	benefit	VERB
cjal-3258	660	40	a	a	DET
cjal-3258	660	41	small	small	ADJ
cjal-3258	660	42	group	group	NOUN
cjal-3258	660	43	of	of	ADP
cjal-3258	660	44	the	the	DET
cjal-3258	660	45	population	population	NOUN
cjal-3258	660	46	still	still	ADV
cjal-3258	660	47	accords	accord	NOUN
cjal-3258	660	48	with	with	ADP
cjal-3258	660	49	fairness	fairness	NOUN
cjal-3258	660	50	and	and	CCONJ
cjal-3258	660	51	efficiency	efficiency	NOUN
cjal-3258	660	52	.	.	PUNCT
cjal-3258	661	1	one	one	NUM
cjal-3258	661	2	of	of	ADP
cjal-3258	661	3	the	the	DET
cjal-3258	661	4	contributing	contribute	VERB
cjal-3258	661	5	factors	factor	NOUN
cjal-3258	661	6	to	to	ADP
cjal-3258	661	7	the	the	DET
cjal-3258	661	8	increasing	increase	VERB
cjal-3258	661	9	poverty	poverty	NOUN
cjal-3258	661	10	gap	gap	NOUN
cjal-3258	661	11	is	be	AUX
cjal-3258	661	12	the	the	DET
cjal-3258	661	13	granting	granting	NOUN
cjal-3258	661	14	of	of	ADP
cjal-3258	661	15	monopoly	monopoly	NOUN
cjal-3258	661	16	trade	trade	NOUN
cjal-3258	661	17	licenses	license	NOUN
cjal-3258	661	18	.	.	PUNCT
cjal-3258	662	1	167	167	NUM
cjal-3258	662	2	allowing	allow	VERB
cjal-3258	662	3	these	these	DET
cjal-3258	662	4	licensees	licensee	NOUN
cjal-3258	662	5	to	to	PART
cjal-3258	662	6	enjoy	enjoy	VERB
cjal-3258	662	7	great	great	ADJ
cjal-3258	662	8	profit	profit	NOUN
cjal-3258	662	9	without	without	ADP
cjal-3258	662	10	any	any	DET
cjal-3258	662	11	fair	fair	ADJ
cjal-3258	662	12	charge	charge	NOUN
cjal-3258	662	13	for	for	ADP
cjal-3258	662	14	their	their	PRON
cjal-3258	662	15	license	license	NOUN
cjal-3258	662	16	promotes	promote	VERB
cjal-3258	662	17	neither	neither	CCONJ
cjal-3258	662	18	social	social	ADJ
cjal-3258	662	19	justice	justice	NOUN
cjal-3258	662	20	nor	nor	CCONJ
cjal-3258	662	21	efficiency	efficiency	NOUN
cjal-3258	662	22	.	.	PUNCT
cjal-3258	663	1	the	the	DET
cjal-3258	663	2	demoralization	demoralization	NOUN
cjal-3258	663	3	effect	effect	NOUN
cjal-3258	663	4	'	'	PUNCT
cjal-3258	663	5	68	68	NUM
cjal-3258	663	6	on	on	ADP
cjal-3258	663	7	those	those	PRON
cjal-3258	663	8	who	who	PRON
cjal-3258	663	9	are	be	AUX
cjal-3258	663	10	not	not	PART
cjal-3258	663	11	recipients	recipient	NOUN
cjal-3258	663	12	of	of	ADP
cjal-3258	663	13	government	government	NOUN
cjal-3258	663	14	givings	giving	NOUN
cjal-3258	663	15	will	will	AUX
cjal-3258	663	16	also	also	ADV
cjal-3258	663	17	only	only	ADV
cjal-3258	663	18	be	be	AUX
cjal-3258	663	19	greater	great	ADJ
cjal-3258	663	20	under	under	ADP
cjal-3258	663	21	the	the	DET
cjal-3258	663	22	seemingly	seemingly	ADV
cjal-3258	663	23	unassailable	unassailable	ADJ
cjal-3258	663	24	poverty	poverty	NOUN
cjal-3258	663	25	gap	gap	NOUN
cjal-3258	663	26	.	.	PUNCT
cjal-3258	664	1	givings	giving	NOUN
cjal-3258	664	2	is	be	AUX
cjal-3258	664	3	not	not	PART
cjal-3258	664	4	only	only	ADV
cjal-3258	664	5	an	an	DET
cjal-3258	664	6	important	important	ADJ
cjal-3258	664	7	and	and	CCONJ
cjal-3258	664	8	relevant	relevant	ADJ
cjal-3258	664	9	concept	concept	NOUN
cjal-3258	664	10	in	in	ADP
cjal-3258	664	11	the	the	DET
cjal-3258	664	12	u.s	u.s	PROPN
cjal-3258	664	13	.	.	PROPN
cjal-3258	664	14	takings	taking	NOUN
cjal-3258	664	15	doctrine	doctrine	NOUN
cjal-3258	664	16	,	,	PUNCT
cjal-3258	664	17	it	it	PRON
cjal-3258	664	18	is	be	AUX
cjal-3258	664	19	also	also	ADV
cjal-3258	664	20	highly	highly	ADV
cjal-3258	664	21	useful	useful	ADJ
cjal-3258	664	22	and	and	CCONJ
cjal-3258	664	23	applicable	applicable	ADJ
cjal-3258	664	24	in	in	ADP
cjal-3258	664	25	the	the	DET
cjal-3258	664	26	chinese	chinese	ADJ
cjal-3258	664	27	context	context	NOUN
cjal-3258	664	28	.	.	PUNCT
cjal-3258	665	1	if	if	SCONJ
cjal-3258	665	2	there	there	PRON
cjal-3258	665	3	are	be	VERB
cjal-3258	665	4	takings	taking	NOUN
cjal-3258	665	5	that	that	PRON
cjal-3258	665	6	require	require	VERB
cjal-3258	665	7	government	government	NOUN
cjal-3258	665	8	compensation	compensation	NOUN
cjal-3258	665	9	,	,	PUNCT
cjal-3258	665	10	there	there	PRON
cjal-3258	665	11	is	be	VERB
cjal-3258	665	12	every	every	DET
cjal-3258	665	13	reason	reason	NOUN
cjal-3258	665	14	to	to	PART
cjal-3258	665	15	impose	impose	VERB
cjal-3258	665	16	charges	charge	NOUN
cjal-3258	665	17	on	on	ADP
cjal-3258	665	18	some	some	DET
cjal-3258	665	19	government	government	NOUN
cjal-3258	665	20	givings	giving	NOUN
cjal-3258	665	21	.	.	PUNCT
cjal-3258	666	1	we	we	PRON
cjal-3258	666	2	now	now	ADV
cjal-3258	666	3	proceed	proceed	VERB
cjal-3258	666	4	to	to	PART
cjal-3258	666	5	discuss	discuss	VERB
cjal-3258	666	6	how	how	SCONJ
cjal-3258	666	7	to	to	PART
cjal-3258	666	8	identify	identify	VERB
cjal-3258	666	9	and	and	CCONJ
cjal-3258	666	10	charge	charge	VERB
cjal-3258	666	11	these	these	DET
cjal-3258	666	12	givings	giving	NOUN
cjal-3258	666	13	.	.	PUNCT
cjal-3258	667	1	160	160	NUM
cjal-3258	667	2	bell	bell	PROPN
cjal-3258	667	3	&	&	CCONJ
cjal-3258	667	4	parchomovsky	parchomovsky	PROPN
cjal-3258	667	5	,	,	PUNCT
cjal-3258	667	6	givings	giving	NOUN
cjal-3258	667	7	,	,	PUNCT
cjal-3258	667	8	supra	supra	PROPN
cjal-3258	667	9	note	note	NOUN
cjal-3258	667	10	6	6	NUM
cjal-3258	667	11	,	,	PUNCT
cjal-3258	667	12	at	at	ADP
cjal-3258	667	13	553	553	NUM
cjal-3258	667	14	.	.	NOUN
cjal-3258	667	15	161	161	NUM
cjal-3258	668	1	i	i	PRON
cjal-3258	668	2	d.	d.	NOUN
cjal-3258	668	3	at	at	ADP
cjal-3258	668	4	554	554	NUM
cjal-3258	668	5	.	.	PUNCT
cjal-3258	669	1	162	162	NUM
cjal-3258	670	1	i	i	PRON
cjal-3258	670	2	d.	d.	PROPN
cjal-3258	670	3	at	at	ADP
cjal-3258	670	4	581	581	NUM
cjal-3258	670	5	.	.	PUNCT
cjal-3258	670	6	163	163	NUM
cjal-3258	671	1	i	i	PRON
cjal-3258	671	2	d.	d.	PROPN
cjal-3258	671	3	at	at	ADP
cjal-3258	671	4	584	584	NUM
cjal-3258	671	5	.	.	PUNCT
cjal-3258	672	1	'	'	NUM
cjal-3258	672	2	64	64	NUM
cjal-3258	673	1	i	i	PRON
cjal-3258	673	2	d.	d.	NOUN
cjal-3258	673	3	at	at	ADP
cjal-3258	673	4	554	554	NUM
cjal-3258	673	5	.	.	PUNCT
cjal-3258	674	1	165	165	NUM
cjal-3258	675	1	i	i	PRON
cjal-3258	675	2	d.	d.	NOUN
cjal-3258	675	3	at	at	ADP
cjal-3258	675	4	578	578	NUM
cjal-3258	675	5	.	.	PUNCT
cjal-3258	676	1	16	16	NUM
cjal-3258	676	2	see	see	VERB
cjal-3258	676	3	tang	tang	PROPN
cjal-3258	676	4	&	&	CCONJ
cjal-3258	676	5	lei	lei	PROPN
cjal-3258	676	6	,	,	PUNCT
cjal-3258	676	7	supra	supra	PROPN
cjal-3258	676	8	note	note	PROPN
cjal-3258	676	9	157	157	NUM
cjal-3258	676	10	;	;	PUNCT
cjal-3258	676	11	4	4	NUM
cjal-3258	676	12	'	'	PART
cjal-3258	676	13	mai	mai	PROPN
cjal-3258	676	14	&	&	CCONJ
cjal-3258	676	15	"	"	PUNCT
cjal-3258	676	16	m	m	PROPN
cjal-3258	676	17	efw'm	efw'm	PROPN
cjal-3258	676	18	ar	ar	NOUN
cjal-3258	677	1	[	[	X
cjal-3258	677	2	poverty	poverty	NOUN
cjal-3258	677	3	gap	gap	NOUN
cjal-3258	677	4	in	in	ADP
cjal-3258	677	5	china	china	PROPN
cjal-3258	677	6	exceeds	exceed	VERB
cjal-3258	677	7	reasonable	reasonable	ADJ
cjal-3258	677	8	limit	limit	NOUN
cjal-3258	677	9	]	]	PUNCT
cjal-3258	677	10	,	,	PUNCT
cjal-3258	677	11	m	m	NOUN
cjal-3258	677	12	)	)	PUNCT
cjal-3258	677	13	h	h	NOUN
cjal-3258	677	14	4v	4v	NOUN
cjal-3258	678	1	[	[	X
cjal-3258	678	2	nanfang	nanfang	NOUN
cjal-3258	678	3	daily	daily	PROPN
cjal-3258	678	4	]	]	X
cjal-3258	678	5	,	,	PUNCT
cjal-3258	678	6	aug	aug	PROPN
cjal-3258	678	7	.	.	PROPN
cjal-3258	678	8	11	11	NUM
cjal-3258	678	9	,	,	PUNCT
cjal-3258	678	10	2006	2006	NUM
cjal-3258	678	11	,	,	PUNCT
cjal-3258	678	12	available	available	ADJ
cjal-3258	678	13	at	at	ADP
cjal-3258	678	14	http://www.nanfangdaily.com.cn/southnews/djjz/yw/200508110606.asp	http://www.nanfangdaily.com.cn/southnews/djjz/yw/200508110606.asp	NUM
cjal-3258	678	15	.	.	PUNCT
cjal-3258	679	1	167	167	NUM
cjal-3258	679	2	wang	wang	PROPN
cjal-3258	679	3	et	et	PROPN
cjal-3258	679	4	al	al	PROPN
cjal-3258	679	5	.	.	PROPN
cjal-3258	679	6	,	,	PUNCT
cjal-3258	679	7	halting	halt	VERB
cjal-3258	679	8	the	the	DET
cjal-3258	679	9	unreasonable	unreasonable	ADJ
cjal-3258	679	10	poverty	poverty	NOUN
cjal-3258	679	11	gap	gap	NOUN
cjal-3258	679	12	,	,	PUNCT
cjal-3258	679	13	supra	supra	PROPN
cjal-3258	679	14	note	note	PROPN
cjal-3258	679	15	158	158	NUM
cjal-3258	679	16	;	;	PUNCT
cjal-3258	679	17	poverty	poverty	NOUN
cjal-3258	679	18	gap	gap	NOUN
cjal-3258	679	19	in	in	ADP
cjal-3258	679	20	china	china	PROPN
cjal-3258	679	21	exceeds	exceed	VERB
cjal-3258	679	22	reasonable	reasonable	ADJ
cjal-3258	679	23	limit	limit	NOUN
cjal-3258	679	24	,	,	PUNCT
cjal-3258	679	25	supra	supra	PROPN
cjal-3258	679	26	note	note	NOUN
cjal-3258	679	27	166	166	NUM
cjal-3258	679	28	.	.	PUNCT
cjal-3258	679	29	168	168	NUM
cjal-3258	679	30	bell	bell	NOUN
cjal-3258	679	31	&	&	CCONJ
cjal-3258	679	32	parchomovsky	parchomovsky	PROPN
cjal-3258	679	33	,	,	PUNCT
cjal-3258	679	34	givings	giving	NOUN
cjal-3258	679	35	,	,	PUNCT
cjal-3258	679	36	supra	supra	PROPN
cjal-3258	679	37	note	note	NOUN
cjal-3258	679	38	6	6	NUM
cjal-3258	679	39	,	,	PUNCT
cjal-3258	679	40	at	at	ADP
cjal-3258	679	41	579	579	NUM
cjal-3258	679	42	.	.	PUNCT
cjal-3258	680	1	[	[	X
cjal-3258	680	2	20:1	20:1	NUM
cjal-3258	680	3	regulatory	regulatory	ADJ
cjal-3258	680	4	givings	giving	NOUN
cjal-3258	680	5	in	in	ADP
cjal-3258	680	6	china	china	PROPN
cjal-3258	680	7	b.	b.	PROPN
cjal-3258	680	8	identifying	identify	VERB
cjal-3258	680	9	and	and	CCONJ
cjal-3258	680	10	charging	charge	VERB
cjal-3258	680	11	the	the	DET
cjal-3258	680	12	givings	giving	NOUN
cjal-3258	680	13	under	under	ADP
cjal-3258	680	14	bell	bell	PROPN
cjal-3258	680	15	&	&	CCONJ
cjal-3258	680	16	parchomovsky	parchomovsky	PROPN
cjal-3258	680	17	's	's	PART
cjal-3258	680	18	classifications	classification	NOUN
cjal-3258	680	19	,	,	PUNCT
cjal-3258	680	20	the	the	DET
cjal-3258	680	21	chinese	chinese	ADJ
cjal-3258	680	22	split	split	VERB
cjal-3258	680	23	share	share	NOUN
cjal-3258	680	24	structure	structure	NOUN
cjal-3258	680	25	reform	reform	NOUN
cjal-3258	680	26	falls	fall	VERB
cjal-3258	680	27	squarely	squarely	ADV
cjal-3258	680	28	into	into	ADP
cjal-3258	680	29	the	the	DET
cjal-3258	680	30	category	category	NOUN
cjal-3258	680	31	of	of	ADP
cjal-3258	680	32	regulatory	regulatory	ADJ
cjal-3258	680	33	givings	giving	NOUN
cjal-3258	680	34	resulting	result	VERB
cjal-3258	680	35	in	in	ADP
cjal-3258	680	36	derivative	derivative	ADJ
cjal-3258	680	37	takings	taking	NOUN
cjal-3258	680	38	.	.	PUNCT
cjal-3258	681	1	169	169	NUM
cjal-3258	681	2	since	since	SCONJ
cjal-3258	681	3	not	not	PART
cjal-3258	681	4	every	every	DET
cjal-3258	681	5	taking	taking	NOUN
cjal-3258	681	6	by	by	ADP
cjal-3258	681	7	the	the	DET
cjal-3258	681	8	government	government	NOUN
cjal-3258	681	9	must	must	AUX
cjal-3258	681	10	be	be	AUX
cjal-3258	681	11	compensated	compensate	VERB
cjal-3258	681	12	,	,	PUNCT
cjal-3258	681	13	not	not	PART
cjal-3258	681	14	every	every	DET
cjal-3258	681	15	giving	giving	NOUN
cjal-3258	681	16	should	should	AUX
cjal-3258	681	17	be	be	AUX
cjal-3258	681	18	charged.17	charged.17	NOUN
cjal-3258	681	19	0	0	NUM
cjal-3258	681	20	bell	bell	PROPN
cjal-3258	681	21	&	&	CCONJ
cjal-3258	681	22	parchomovsky	parchomovsky	PROPN
cjal-3258	681	23	propose	propose	VERB
cjal-3258	681	24	four	four	NUM
cjal-3258	681	25	criteria	criterion	NOUN
cjal-3258	681	26	for	for	ADP
cjal-3258	681	27	identifying	identify	VERB
cjal-3258	681	28	whether	whether	SCONJ
cjal-3258	681	29	a	a	DET
cjal-3258	681	30	chargeable	chargeable	ADJ
cjal-3258	681	31	giving	giving	NOUN
cjal-3258	681	32	has	have	AUX
cjal-3258	681	33	occurred	occur	VERB
cjal-3258	681	34	,	,	PUNCT
cjal-3258	681	35	and	and	CCONJ
cjal-3258	681	36	,	,	PUNCT
cjal-3258	681	37	if	if	SCONJ
cjal-3258	681	38	one	one	PRON
cjal-3258	681	39	is	be	AUX
cjal-3258	681	40	found	find	VERB
cjal-3258	681	41	,	,	PUNCT
cjal-3258	681	42	what	what	PRON
cjal-3258	681	43	the	the	DET
cjal-3258	681	44	appropriate	appropriate	ADJ
cjal-3258	681	45	form	form	NOUN
cjal-3258	681	46	of	of	ADP
cjal-3258	681	47	charge	charge	NOUN
cjal-3258	681	48	collection	collection	NOUN
cjal-3258	681	49	should	should	AUX
cjal-3258	681	50	be	be	AUX
cjal-3258	681	51	:	:	PUNCT
cjal-3258	681	52	(	(	PUNCT
cjal-3258	681	53	a	a	X
cjal-3258	681	54	)	)	PUNCT
cjal-3258	681	55	the	the	DET
cjal-3258	681	56	reversibility	reversibility	NOUN
cjal-3258	681	57	of	of	ADP
cjal-3258	681	58	the	the	DET
cjal-3258	681	59	act	act	NOUN
cjal-3258	681	60	,	,	PUNCT
cjal-3258	681	61	(	(	PUNCT
cjal-3258	681	62	b	b	X
cjal-3258	681	63	)	)	PUNCT
cjal-3258	681	64	the	the	DET
cjal-3258	681	65	identifiability	identifiability	NOUN
cjal-3258	681	66	of	of	ADP
cjal-3258	681	67	the	the	DET
cjal-3258	681	68	recipients	recipient	NOUN
cjal-3258	681	69	,	,	PUNCT
cjal-3258	681	70	(	(	PUNCT
cjal-3258	681	71	c	c	X
cjal-3258	681	72	)	)	PUNCT
cjal-3258	681	73	the	the	DET
cjal-3258	681	74	proximity	proximity	NOUN
cjal-3258	681	75	of	of	ADP
cjal-3258	681	76	the	the	DET
cjal-3258	681	77	act	act	NOUN
cjal-3258	681	78	to	to	ADP
cjal-3258	681	79	a	a	DET
cjal-3258	681	80	taking	taking	NOUN
cjal-3258	681	81	,	,	PUNCT
cjal-3258	681	82	and	and	CCONJ
cjal-3258	681	83	(	(	PUNCT
cjal-3258	681	84	d	d	X
cjal-3258	681	85	)	)	PUNCT
cjal-3258	681	86	the	the	DET
cjal-3258	681	87	refusability	refusability	NOUN
cjal-3258	681	88	of	of	ADP
cjal-3258	681	89	the	the	DET
cjal-3258	681	90	benefit	benefit	NOUN
cjal-3258	681	91	.	.	PUNCT
cjal-3258	682	1	the	the	DET
cjal-3258	682	2	first	first	ADJ
cjal-3258	682	3	two	two	NUM
cjal-3258	682	4	criteria	criterion	NOUN
cjal-3258	682	5	are	be	AUX
cjal-3258	682	6	relevant	relevant	ADJ
cjal-3258	682	7	in	in	ADP
cjal-3258	682	8	determining	determine	VERB
cjal-3258	682	9	whether	whether	SCONJ
cjal-3258	682	10	a	a	DET
cjal-3258	682	11	charge	charge	NOUN
cjal-3258	682	12	should	should	AUX
cjal-3258	682	13	be	be	AUX
cjal-3258	682	14	imposed	impose	VERB
cjal-3258	682	15	on	on	ADP
cjal-3258	682	16	the	the	DET
cjal-3258	682	17	benefit	benefit	NOUN
cjal-3258	682	18	's	's	PART
cjal-3258	682	19	recipients	recipient	NOUN
cjal-3258	682	20	;	;	PUNCT
cjal-3258	682	21	the	the	DET
cjal-3258	682	22	latter	latter	ADJ
cjal-3258	682	23	two	two	NUM
cjal-3258	682	24	are	be	AUX
cjal-3258	682	25	relevant	relevant	ADJ
cjal-3258	682	26	in	in	ADP
cjal-3258	682	27	determining	determine	VERB
cjal-3258	682	28	the	the	DET
cjal-3258	682	29	means	mean	NOUN
cjal-3258	682	30	of	of	ADP
cjal-3258	682	31	imposing	impose	VERB
cjal-3258	682	32	the	the	DET
cjal-3258	682	33	charges	charge	NOUN
cjal-3258	682	34	.	.	PUNCT
cjal-3258	683	1	we	we	PRON
cjal-3258	683	2	apply	apply	VERB
cjal-3258	683	3	these	these	DET
cjal-3258	683	4	criteria	criterion	NOUN
cjal-3258	683	5	to	to	ADP
cjal-3258	683	6	the	the	DET
cjal-3258	683	7	chinese	chinese	ADJ
cjal-3258	683	8	split	split	VERB
cjal-3258	683	9	share	share	NOUN
cjal-3258	683	10	structure	structure	NOUN
cjal-3258	683	11	reform	reform	NOUN
cjal-3258	683	12	measures	measure	NOUN
cjal-3258	683	13	of	of	ADP
cjal-3258	683	14	requiring	require	VERB
cjal-3258	683	15	non	non	ADJ
cjal-3258	683	16	-	-	ADJ
cjal-3258	683	17	tradable	tradable	ADJ
cjal-3258	683	18	shareholders	shareholder	NOUN
cjal-3258	683	19	to	to	PART
cjal-3258	683	20	bargain	bargain	VERB
cjal-3258	683	21	with	with	ADP
cjal-3258	683	22	and	and	CCONJ
cjal-3258	683	23	pay	pay	VERB
cjal-3258	683	24	compensation	compensation	NOUN
cjal-3258	683	25	to	to	PART
cjal-3258	683	26	tradable	tradable	VERB
cjal-3258	683	27	shareholders	shareholder	NOUN
cjal-3258	683	28	in	in	ADP
cjal-3258	683	29	order	order	NOUN
cjal-3258	683	30	to	to	PART
cjal-3258	683	31	trade	trade	VERB
cjal-3258	683	32	,	,	PUNCT
cjal-3258	683	33	showing	show	VERB
cjal-3258	683	34	that	that	SCONJ
cjal-3258	683	35	the	the	DET
cjal-3258	683	36	reform	reform	NOUN
cjal-3258	683	37	measures	measure	NOUN
cjal-3258	683	38	are	be	AUX
cjal-3258	683	39	supported	support	VERB
cjal-3258	683	40	by	by	ADP
cjal-3258	683	41	the	the	DET
cjal-3258	683	42	givings	giving	NOUN
cjal-3258	683	43	doctrine	doctrine	NOUN
cjal-3258	683	44	.	.	PUNCT
cjal-3258	684	1	in	in	ADP
cjal-3258	684	2	the	the	DET
cjal-3258	684	3	process	process	NOUN
cjal-3258	684	4	of	of	ADP
cjal-3258	684	5	applying	apply	VERB
cjal-3258	684	6	the	the	DET
cjal-3258	684	7	criteria	criterion	NOUN
cjal-3258	684	8	to	to	ADP
cjal-3258	684	9	this	this	DET
cjal-3258	684	10	china	china	PROPN
cjal-3258	684	11	's	's	PART
cjal-3258	684	12	situation	situation	NOUN
cjal-3258	684	13	,	,	PUNCT
cjal-3258	684	14	we	we	PRON
cjal-3258	684	15	highlight	highlight	VERB
cjal-3258	684	16	the	the	DET
cjal-3258	684	17	potential	potential	ADJ
cjal-3258	684	18	practical	practical	ADJ
cjal-3258	684	19	and	and	CCONJ
cjal-3258	684	20	conceptual	conceptual	ADJ
cjal-3258	684	21	difficulties	difficulty	NOUN
cjal-3258	684	22	in	in	ADP
cjal-3258	684	23	its	its	PRON
cjal-3258	684	24	initial	initial	ADJ
cjal-3258	684	25	application	application	NOUN
cjal-3258	684	26	and	and	CCONJ
cjal-3258	684	27	propose	propose	VERB
cjal-3258	684	28	some	some	DET
cjal-3258	684	29	refinements	refinement	NOUN
cjal-3258	684	30	to	to	ADP
cjal-3258	684	31	the	the	DET
cjal-3258	684	32	criteria	criterion	NOUN
cjal-3258	684	33	.	.	PUNCT
cjal-3258	685	1	1	1	X
cjal-3258	685	2	.	.	X
cjal-3258	685	3	reversibility	reversibility	NOUN
cjal-3258	685	4	of	of	ADP
cjal-3258	685	5	the	the	DET
cjal-3258	685	6	act	act	NOUN
cjal-3258	685	7	under	under	ADP
cjal-3258	685	8	the	the	DET
cjal-3258	685	9	reversibility	reversibility	NOUN
cjal-3258	685	10	of	of	ADP
cjal-3258	685	11	the	the	DET
cjal-3258	685	12	act	act	NOUN
cjal-3258	685	13	criterion	criterion	NOUN
cjal-3258	685	14	,	,	PUNCT
cjal-3258	685	15	bestowing	bestow	VERB
cjal-3258	685	16	a	a	DET
cjal-3258	685	17	benefit	benefit	NOUN
cjal-3258	685	18	is	be	AUX
cjal-3258	685	19	more	more	ADV
cjal-3258	685	20	likely	likely	ADJ
cjal-3258	685	21	to	to	PART
cjal-3258	685	22	be	be	AUX
cjal-3258	685	23	considered	consider	VERB
cjal-3258	685	24	a	a	DET
cjal-3258	685	25	chargeable	chargeable	ADJ
cjal-3258	685	26	giving	giving	NOUN
cjal-3258	685	27	when	when	SCONJ
cjal-3258	685	28	it	it	PRON
cjal-3258	685	29	could	could	AUX
cjal-3258	685	30	be	be	AUX
cjal-3258	685	31	characterized	characterize	VERB
cjal-3258	685	32	as	as	ADP
cjal-3258	685	33	a	a	DET
cjal-3258	685	34	taking	taking	NOUN
cjal-3258	685	35	if	if	SCONJ
cjal-3258	685	36	reversed	reverse	VERB
cjal-3258	685	37	.	.	PUNCT
cjal-3258	686	1	171	171	NUM
cjal-3258	686	2	for	for	ADP
cjal-3258	686	3	example	example	NOUN
cjal-3258	686	4	,	,	PUNCT
cjal-3258	686	5	since	since	SCONJ
cjal-3258	686	6	a	a	DET
cjal-3258	686	7	direct	direct	ADJ
cjal-3258	686	8	taking	taking	NOUN
cjal-3258	686	9	in	in	ADP
cjal-3258	686	10	the	the	DET
cjal-3258	686	11	form	form	NOUN
cjal-3258	686	12	of	of	ADP
cjal-3258	686	13	a	a	DET
cjal-3258	686	14	penalty	penalty	NOUN
cjal-3258	686	15	is	be	AUX
cjal-3258	686	16	naturally	naturally	ADV
cjal-3258	686	17	not	not	PART
cjal-3258	686	18	compensable	compensable	ADJ
cjal-3258	686	19	,	,	PUNCT
cjal-3258	686	20	a	a	DET
cjal-3258	686	21	direct	direct	ADJ
cjal-3258	686	22	giving	giving	NOUN
cjal-3258	686	23	in	in	ADP
cjal-3258	686	24	the	the	DET
cjal-3258	686	25	form	form	NOUN
cjal-3258	686	26	of	of	ADP
cjal-3258	686	27	a	a	DET
cjal-3258	686	28	prize	prize	NOUN
cjal-3258	686	29	is	be	AUX
cjal-3258	686	30	also	also	ADV
cjal-3258	686	31	not	not	PART
cjal-3258	686	32	chargeable	chargeable	ADJ
cjal-3258	686	33	.	.	PUNCT
cjal-3258	687	1	172	172	NUM
cjal-3258	687	2	similarly	similarly	ADV
cjal-3258	687	3	,	,	PUNCT
cjal-3258	687	4	just	just	ADV
cjal-3258	687	5	as	as	SCONJ
cjal-3258	687	6	the	the	DET
cjal-3258	687	7	government	government	NOUN
cjal-3258	687	8	can	can	AUX
cjal-3258	687	9	redistribute	redistribute	VERB
cjal-3258	687	10	wealth	wealth	NOUN
cjal-3258	687	11	through	through	ADP
cjal-3258	687	12	imposing	impose	VERB
cjal-3258	687	13	a	a	DET
cjal-3258	687	14	tax	tax	NOUN
cjal-3258	687	15	,	,	PUNCT
cjal-3258	687	16	the	the	DET
cjal-3258	687	17	large	large	ADJ
cjal-3258	687	18	scale	scale	NOUN
cjal-3258	687	19	and	and	CCONJ
cjal-3258	687	20	non	non	ADJ
cjal-3258	687	21	-	-	ADJ
cjal-3258	687	22	target	target	NOUN
cjal-3258	687	23	-	-	PUNCT
cjal-3258	687	24	specified	specify	VERB
cjal-3258	687	25	conferment	conferment	NOUN
cjal-3258	687	26	of	of	ADP
cjal-3258	687	27	benefits	benefit	NOUN
cjal-3258	687	28	for	for	ADP
cjal-3258	687	29	redistribution	redistribution	NOUN
cjal-3258	687	30	,	,	PUNCT
cjal-3258	687	31	such	such	ADJ
cjal-3258	687	32	as	as	ADP
cjal-3258	687	33	welfare	welfare	NOUN
cjal-3258	687	34	programs	program	NOUN
cjal-3258	687	35	,	,	PUNCT
cjal-3258	687	36	should	should	AUX
cjal-3258	687	37	also	also	ADV
cjal-3258	687	38	not	not	PART
cjal-3258	687	39	be	be	AUX
cjal-3258	687	40	classified	classify	VERB
cjal-3258	687	41	as	as	ADP
cjal-3258	687	42	chargeable	chargeable	ADJ
cjal-3258	687	43	givings	giving	NOUN
cjal-3258	687	44	.	.	PUNCT
cjal-3258	688	1	173	173	NUM
cjal-3258	688	2	thus	thus	ADV
cjal-3258	688	3	,	,	PUNCT
cjal-3258	688	4	for	for	ADP
cjal-3258	688	5	our	our	PRON
cjal-3258	688	6	chinese	chinese	ADJ
cjal-3258	688	7	split	split	ADJ
cjal-3258	688	8	share	share	NOUN
cjal-3258	688	9	structure	structure	NOUN
cjal-3258	688	10	scenario	scenario	NOUN
cjal-3258	688	11	,	,	PUNCT
cjal-3258	688	12	the	the	DET
cjal-3258	688	13	relevant	relevant	ADJ
cjal-3258	688	14	question	question	NOUN
cjal-3258	688	15	is	be	AUX
cjal-3258	688	16	whether	whether	SCONJ
cjal-3258	688	17	the	the	DET
cjal-3258	688	18	government	government	NOUN
cjal-3258	688	19	needs	need	VERB
cjal-3258	688	20	to	to	PART
cjal-3258	688	21	compensate	compensate	VERB
cjal-3258	688	22	shareholders	shareholder	NOUN
cjal-3258	688	23	if	if	SCONJ
cjal-3258	688	24	it	it	PRON
cjal-3258	688	25	removes	remove	VERB
cjal-3258	688	26	the	the	DET
cjal-3258	688	27	trading	trading	NOUN
cjal-3258	688	28	right	right	NOUN
cjal-3258	688	29	of	of	ADP
cjal-3258	688	30	their	their	PRON
cjal-3258	688	31	shares	share	NOUN
cjal-3258	688	32	.	.	PUNCT
cjal-3258	689	1	174	174	NUM
cjal-3258	689	2	16	16	NUM
cjal-3258	689	3	9	9	NUM
cjal-3258	689	4	i	i	PROPN
cjal-3258	689	5	d.	d.	PROPN
cjal-3258	689	6	at	at	ADP
cjal-3258	689	7	571	571	NUM
cjal-3258	689	8	.	.	PUNCT
cjal-3258	690	1	170	170	NUM
cjal-3258	691	1	i	i	PRON
cjal-3258	691	2	d.	d.	NOUN
cjal-3258	691	3	at	at	ADP
cjal-3258	691	4	590	590	NUM
cjal-3258	691	5	.	.	PUNCT
cjal-3258	692	1	"	"	PUNCT
cjal-3258	692	2	'	'	PUNCT
cjal-3258	692	3	i	i	PRON
cjal-3258	692	4	d.	d.	PROPN
cjal-3258	692	5	at	at	ADP
cjal-3258	692	6	591	591	NUM
cjal-3258	692	7	.	.	PUNCT
cjal-3258	693	1	172	172	NUM
cjal-3258	694	1	i	i	PRON
cjal-3258	694	2	d.	d.	PROPN
cjal-3258	694	3	1	1	NUM
cjal-3258	694	4	73	73	NUM
cjal-3258	694	5	1	1	NUM
cjal-3258	694	6	i	i	PRON
cjal-3258	694	7	d.	d.	NOUN
cjal-3258	694	8	at	at	ADP
cjal-3258	694	9	592	592	NUM
cjal-3258	694	10	.	.	PUNCT
cjal-3258	694	11	174	174	NUM
cjal-3258	694	12	under	under	ADP
cjal-3258	694	13	§	§	PROPN
cjal-3258	694	14	§	§	PROPN
cjal-3258	694	15	55	55	NUM
cjal-3258	694	16	-	-	SYM
cjal-3258	694	17	56	56	NUM
cjal-3258	694	18	of	of	ADP
cjal-3258	694	19	the	the	DET
cjal-3258	694	20	securities	security	NOUN
cjal-3258	694	21	law	law	NOUN
cjal-3258	694	22	,	,	PUNCT
cjal-3258	694	23	supra	supra	PROPN
cjal-3258	694	24	note	note	PROPN
cjal-3258	694	25	89	89	NUM
cjal-3258	694	26	,	,	PUNCT
cjal-3258	694	27	the	the	DET
cjal-3258	694	28	respective	respective	ADJ
cjal-3258	694	29	stock	stock	NOUN
cjal-3258	694	30	exchanges	exchange	NOUN
cjal-3258	694	31	have	have	VERB
cjal-3258	694	32	the	the	DET
cjal-3258	694	33	power	power	NOUN
cjal-3258	694	34	to	to	PART
cjal-3258	694	35	suspend	suspend	VERB
cjal-3258	694	36	or	or	CCONJ
cjal-3258	694	37	terminate	terminate	VERB
cjal-3258	694	38	the	the	DET
cjal-3258	694	39	trading	trading	NOUN
cjal-3258	694	40	of	of	ADP
cjal-3258	694	41	shares	share	NOUN
cjal-3258	694	42	under	under	ADP
cjal-3258	694	43	certain	certain	ADJ
cjal-3258	694	44	stipulated	stipulate	VERB
cjal-3258	694	45	situations	situation	NOUN
cjal-3258	694	46	,	,	PUNCT
cjal-3258	694	47	such	such	ADJ
cjal-3258	694	48	as	as	SCONJ
cjal-3258	694	49	if	if	SCONJ
cjal-3258	694	50	the	the	DET
cjal-3258	694	51	company	company	NOUN
cjal-3258	694	52	no	no	ADV
cjal-3258	694	53	longer	long	ADV
cjal-3258	694	54	satisfies	satisfy	VERB
cjal-3258	694	55	listing	list	VERB
cjal-3258	694	56	requirements	requirement	NOUN
cjal-3258	694	57	because	because	SCONJ
cjal-3258	694	58	it	it	PRON
cjal-3258	694	59	continuously	continuously	ADV
cjal-3258	694	60	suffered	suffer	VERB
cjal-3258	694	61	losses	loss	NOUN
cjal-3258	694	62	for	for	ADP
cjal-3258	694	63	three	three	NUM
cjal-3258	694	64	2006	2006	NUM
cjal-3258	694	65	]	]	PUNCT
cjal-3258	694	66	columbia	columbia	PROPN
cjal-3258	694	67	journal	journal	PROPN
cjal-3258	694	68	of	of	ADP
cjal-3258	694	69	asian	asian	ADJ
cjal-3258	694	70	law	law	NOUN
cjal-3258	694	71	one	one	NUM
cjal-3258	694	72	potential	potential	ADJ
cjal-3258	694	73	difficulty	difficulty	NOUN
cjal-3258	694	74	in	in	ADP
cjal-3258	694	75	applying	apply	VERB
cjal-3258	694	76	this	this	DET
cjal-3258	694	77	criterion	criterion	NOUN
cjal-3258	694	78	is	be	AUX
cjal-3258	694	79	the	the	DET
cjal-3258	694	80	ambiguity	ambiguity	NOUN
cjal-3258	694	81	between	between	ADP
cjal-3258	694	82	compensable	compensable	ADJ
cjal-3258	694	83	takings	taking	NOUN
cjal-3258	694	84	and	and	CCONJ
cjal-3258	694	85	non	non	ADJ
cjal-3258	694	86	-	-	ADJ
cjal-3258	694	87	compensable	compensable	ADJ
cjal-3258	694	88	deprivations	deprivation	NOUN
cjal-3258	694	89	of	of	ADP
cjal-3258	694	90	property	property	NOUN
cjal-3258	694	91	,	,	PUNCT
cjal-3258	694	92	even	even	ADV
cjal-3258	694	93	in	in	ADP
cjal-3258	694	94	the	the	DET
cjal-3258	694	95	more	more	ADV
cjal-3258	694	96	well	well	ADV
cjal-3258	694	97	-	-	PUNCT
cjal-3258	694	98	developed	develop	VERB
cjal-3258	694	99	u.s	u.s	PROPN
cjal-3258	694	100	.	.	PROPN
cjal-3258	694	101	doctrine	doctrine	NOUN
cjal-3258	694	102	.	.	PUNCT
cjal-3258	695	1	this	this	PRON
cjal-3258	695	2	means	mean	VERB
cjal-3258	695	3	that	that	SCONJ
cjal-3258	695	4	the	the	DET
cjal-3258	695	5	line	line	NOUN
cjal-3258	695	6	between	between	ADP
cjal-3258	695	7	non	non	ADJ
cjal-3258	695	8	-	-	ADJ
cjal-3258	695	9	chargeable	chargeable	ADJ
cjal-3258	695	10	subsidies	subsidy	NOUN
cjal-3258	695	11	and	and	CCONJ
cjal-3258	695	12	chargeable	chargeable	ADJ
cjal-3258	695	13	givings	giving	NOUN
cjal-3258	695	14	is	be	AUX
cjal-3258	695	15	likely	likely	ADV
cjal-3258	695	16	unclear	unclear	ADJ
cjal-3258	695	17	as	as	ADV
cjal-3258	695	18	well	well	ADV
cjal-3258	695	19	.	.	PUNCT
cjal-3258	696	1	175	175	NUM
cjal-3258	696	2	however	however	ADV
cjal-3258	696	3	,	,	PUNCT
cjal-3258	696	4	the	the	DET
cjal-3258	696	5	greater	great	ADJ
cjal-3258	696	6	obstacle	obstacle	NOUN
cjal-3258	696	7	in	in	ADP
cjal-3258	696	8	its	its	PRON
cjal-3258	696	9	application	application	NOUN
cjal-3258	696	10	to	to	ADP
cjal-3258	696	11	our	our	PRON
cjal-3258	696	12	chinese	chinese	ADJ
cjal-3258	696	13	scenario	scenario	NOUN
cjal-3258	696	14	is	be	AUX
cjal-3258	696	15	that	that	SCONJ
cjal-3258	696	16	the	the	DET
cjal-3258	696	17	regulatory	regulatory	ADJ
cjal-3258	696	18	takings	taking	NOUN
cjal-3258	696	19	doctrine	doctrine	NOUN
cjal-3258	696	20	has	have	VERB
cjal-3258	696	21	yet	yet	ADV
cjal-3258	696	22	to	to	PART
cjal-3258	696	23	be	be	AUX
cjal-3258	696	24	developed	develop	VERB
cjal-3258	696	25	.	.	PUNCT
cjal-3258	697	1	thus	thus	ADV
cjal-3258	697	2	,	,	PUNCT
cjal-3258	697	3	since	since	SCONJ
cjal-3258	697	4	all	all	DET
cjal-3258	697	5	regulatory	regulatory	ADJ
cjal-3258	697	6	takings	taking	NOUN
cjal-3258	697	7	do	do	AUX
cjal-3258	697	8	not	not	PART
cjal-3258	697	9	currently	currently	ADV
cjal-3258	697	10	require	require	VERB
cjal-3258	697	11	compensation	compensation	NOUN
cjal-3258	697	12	in	in	ADP
cjal-3258	697	13	strict	strict	ADJ
cjal-3258	697	14	legal	legal	ADJ
cjal-3258	697	15	terms	term	NOUN
cjal-3258	697	16	,	,	PUNCT
cjal-3258	697	17	any	any	DET
cjal-3258	697	18	regulatory	regulatory	ADJ
cjal-3258	697	19	givings	giving	NOUN
cjal-3258	697	20	is	be	AUX
cjal-3258	697	21	nonchargeable	nonchargeable	ADJ
cjal-3258	697	22	according	accord	VERB
cjal-3258	697	23	to	to	ADP
cjal-3258	697	24	the	the	DET
cjal-3258	697	25	criterion	criterion	NOUN
cjal-3258	697	26	.	.	PUNCT
cjal-3258	698	1	this	this	PRON
cjal-3258	698	2	is	be	AUX
cjal-3258	698	3	not	not	PART
cjal-3258	698	4	a	a	DET
cjal-3258	698	5	problem	problem	NOUN
cjal-3258	698	6	unique	unique	ADJ
cjal-3258	698	7	to	to	ADP
cjal-3258	698	8	china	china	PROPN
cjal-3258	698	9	;	;	PUNCT
cjal-3258	698	10	many	many	ADJ
cjal-3258	698	11	other	other	ADJ
cjal-3258	698	12	countries	country	NOUN
cjal-3258	698	13	,	,	PUNCT
cjal-3258	698	14	particularly	particularly	ADV
cjal-3258	698	15	developing	develop	VERB
cjal-3258	698	16	countries	country	NOUN
cjal-3258	698	17	,	,	PUNCT
cjal-3258	698	18	have	have	VERB
cjal-3258	698	19	yet	yet	ADV
cjal-3258	698	20	to	to	PART
cjal-3258	698	21	extend	extend	VERB
cjal-3258	698	22	private	private	ADJ
cjal-3258	698	23	property	property	NOUN
cjal-3258	698	24	rights	right	NOUN
cjal-3258	698	25	protection	protection	NOUN
cjal-3258	698	26	to	to	ADP
cjal-3258	698	27	regulatory	regulatory	ADJ
cjal-3258	698	28	takings	taking	NOUN
cjal-3258	698	29	.	.	PUNCT
cjal-3258	699	1	we	we	PRON
cjal-3258	699	2	do	do	AUX
cjal-3258	699	3	not	not	PART
cjal-3258	699	4	think	think	VERB
cjal-3258	699	5	that	that	SCONJ
cjal-3258	699	6	the	the	DET
cjal-3258	699	7	application	application	NOUN
cjal-3258	699	8	of	of	ADP
cjal-3258	699	9	this	this	DET
cjal-3258	699	10	criterion	criterion	NOUN
cjal-3258	699	11	should	should	AUX
cjal-3258	699	12	be	be	AUX
cjal-3258	699	13	restricted	restrict	VERB
cjal-3258	699	14	to	to	ADP
cjal-3258	699	15	the	the	DET
cjal-3258	699	16	legal	legal	ADJ
cjal-3258	699	17	context	context	NOUN
cjal-3258	699	18	.	.	PUNCT
cjal-3258	700	1	we	we	PRON
cjal-3258	700	2	think	think	VERB
cjal-3258	700	3	the	the	DET
cjal-3258	700	4	policy	policy	NOUN
cjal-3258	700	5	aspect	aspect	NOUN
cjal-3258	700	6	should	should	AUX
cjal-3258	700	7	also	also	ADV
cjal-3258	700	8	be	be	AUX
cjal-3258	700	9	considered	consider	VERB
cjal-3258	700	10	,	,	PUNCT
cjal-3258	700	11	that	that	ADV
cjal-3258	700	12	is	is	ADV
cjal-3258	700	13	,	,	PUNCT
cjal-3258	700	14	if	if	SCONJ
cjal-3258	700	15	as	as	ADP
cjal-3258	700	16	a	a	DET
cjal-3258	700	17	policy	policy	NOUN
cjal-3258	700	18	the	the	DET
cjal-3258	700	19	reversed	reversed	ADJ
cjal-3258	700	20	act	act	NOUN
cjal-3258	700	21	will	will	AUX
cjal-3258	700	22	be	be	AUX
cjal-3258	700	23	considered	consider	VERB
cjal-3258	700	24	a	a	DET
cjal-3258	700	25	compensable	compensable	ADJ
cjal-3258	700	26	taking	taking	NOUN
cjal-3258	700	27	,	,	PUNCT
cjal-3258	700	28	then	then	ADV
cjal-3258	700	29	it	it	PRON
cjal-3258	700	30	should	should	AUX
cjal-3258	700	31	as	as	SCONJ
cjal-3258	700	32	a	a	DET
cjal-3258	700	33	policy	policy	NOUN
cjal-3258	700	34	be	be	AUX
cjal-3258	700	35	considered	consider	VERB
cjal-3258	700	36	a	a	DET
cjal-3258	700	37	chargeable	chargeable	ADJ
cjal-3258	700	38	giving	giving	NOUN
cjal-3258	700	39	as	as	ADV
cjal-3258	700	40	well	well	ADV
cjal-3258	700	41	.	.	PUNCT
cjal-3258	701	1	the	the	DET
cjal-3258	701	2	reasons	reason	NOUN
cjal-3258	701	3	for	for	ADP
cjal-3258	701	4	this	this	DET
cjal-3258	701	5	extension	extension	NOUN
cjal-3258	701	6	are	be	AUX
cjal-3258	701	7	as	as	SCONJ
cjal-3258	701	8	follows	follow	VERB
cjal-3258	701	9	.	.	PUNCT
cjal-3258	702	1	first	first	ADV
cjal-3258	702	2	,	,	PUNCT
cjal-3258	702	3	the	the	DET
cjal-3258	702	4	rule	rule	NOUN
cjal-3258	702	5	of	of	ADP
cjal-3258	702	6	law	law	NOUN
cjal-3258	702	7	is	be	AUX
cjal-3258	702	8	not	not	PART
cjal-3258	702	9	well	well	ADV
cjal-3258	702	10	established	establish	VERB
cjal-3258	702	11	in	in	ADP
cjal-3258	702	12	many	many	ADJ
cjal-3258	702	13	transitional	transitional	ADJ
cjal-3258	702	14	economies	economy	NOUN
cjal-3258	702	15	,	,	PUNCT
cjal-3258	702	16	including	include	VERB
cjal-3258	702	17	china	china	PROPN
cjal-3258	702	18	,	,	PUNCT
cjal-3258	702	19	and	and	CCONJ
cjal-3258	702	20	the	the	DET
cjal-3258	702	21	usual	usual	ADJ
cjal-3258	702	22	mode	mode	NOUN
cjal-3258	702	23	of	of	ADP
cjal-3258	702	24	governance	governance	NOUN
cjal-3258	702	25	is	be	AUX
cjal-3258	702	26	through	through	ADP
cjal-3258	702	27	policy	policy	NOUN
cjal-3258	702	28	.	.	PUNCT
cjal-3258	703	1	the	the	DET
cjal-3258	703	2	original	original	ADJ
cjal-3258	703	3	cause	cause	NOUN
cjal-3258	703	4	of	of	ADP
cjal-3258	703	5	the	the	DET
cjal-3258	703	6	chinese	chinese	ADJ
cjal-3258	703	7	split	split	VERB
cjal-3258	703	8	share	share	NOUN
cjal-3258	703	9	structure	structure	NOUN
cjal-3258	703	10	scenario	scenario	NOUN
cjal-3258	703	11	is	be	AUX
cjal-3258	703	12	itself	itself	PRON
cjal-3258	703	13	essentially	essentially	ADV
cjal-3258	703	14	a	a	DET
cjal-3258	703	15	government	government	NOUN
cjal-3258	703	16	policy	policy	NOUN
cjal-3258	703	17	which	which	PRON
cjal-3258	703	18	has	have	AUX
cjal-3258	703	19	paid	pay	VERB
cjal-3258	703	20	scant	scant	ADJ
cjal-3258	703	21	regard	regard	NOUN
cjal-3258	703	22	to	to	ADP
cjal-3258	703	23	legal	legal	ADJ
cjal-3258	703	24	considerations	consideration	NOUN
cjal-3258	703	25	.	.	PUNCT
cjal-3258	704	1	176	176	NUM
cjal-3258	704	2	allowing	allow	VERB
cjal-3258	704	3	the	the	DET
cjal-3258	704	4	policy	policy	NOUN
cjal-3258	704	5	aspect	aspect	NOUN
cjal-3258	704	6	in	in	ADP
cjal-3258	704	7	the	the	DET
cjal-3258	704	8	application	application	NOUN
cjal-3258	704	9	of	of	ADP
cjal-3258	704	10	the	the	DET
cjal-3258	704	11	criterion	criterion	NOUN
cjal-3258	704	12	will	will	AUX
cjal-3258	704	13	allow	allow	VERB
cjal-3258	704	14	it	it	PRON
cjal-3258	704	15	to	to	PART
cjal-3258	704	16	play	play	VERB
cjal-3258	704	17	a	a	DET
cjal-3258	704	18	wider	wide	ADJ
cjal-3258	704	19	and	and	CCONJ
cjal-3258	704	20	more	more	ADV
cjal-3258	704	21	useful	useful	ADJ
cjal-3258	704	22	role	role	NOUN
cjal-3258	704	23	under	under	ADP
cjal-3258	704	24	the	the	DET
cjal-3258	704	25	fledging	fledging	ADJ
cjal-3258	704	26	rule	rule	NOUN
cjal-3258	704	27	of	of	ADP
cjal-3258	704	28	law	law	NOUN
cjal-3258	704	29	in	in	ADP
cjal-3258	704	30	transitional	transitional	ADJ
cjal-3258	704	31	economies	economy	NOUN
cjal-3258	704	32	.	.	PUNCT
cjal-3258	705	1	second	second	ADJ
cjal-3258	705	2	,	,	PUNCT
cjal-3258	705	3	all	all	DET
cjal-3258	705	4	three	three	NUM
cjal-3258	705	5	types	type	NOUN
cjal-3258	705	6	of	of	ADP
cjal-3258	705	7	givings	giving	NOUN
cjal-3258	705	8	and	and	CCONJ
cjal-3258	705	9	takings	taking	NOUN
cjal-3258	705	10	must	must	AUX
cjal-3258	705	11	be	be	AUX
cjal-3258	705	12	taken	take	VERB
cjal-3258	705	13	into	into	ADP
cjal-3258	705	14	account	account	NOUN
cjal-3258	705	15	to	to	PART
cjal-3258	705	16	ensure	ensure	VERB
cjal-3258	705	17	the	the	DET
cjal-3258	705	18	successful	successful	ADJ
cjal-3258	705	19	and	and	CCONJ
cjal-3258	705	20	accurate	accurate	ADJ
cjal-3258	705	21	assessment	assessment	NOUN
cjal-3258	705	22	of	of	ADP
cjal-3258	705	23	charges	charge	NOUN
cjal-3258	705	24	and	and	CCONJ
cjal-3258	705	25	compensations	compensation	NOUN
cjal-3258	705	26	.	.	PUNCT
cjal-3258	706	1	the	the	DET
cjal-3258	706	2	government	government	NOUN
cjal-3258	706	3	is	be	AUX
cjal-3258	706	4	better	well	ADV
cjal-3258	706	5	equipped	equip	VERB
cjal-3258	706	6	than	than	SCONJ
cjal-3258	706	7	the	the	DET
cjal-3258	706	8	courts	court	NOUN
cjal-3258	706	9	are	be	AUX
cjal-3258	706	10	to	to	PART
cjal-3258	706	11	undertake	undertake	VERB
cjal-3258	706	12	the	the	DET
cjal-3258	706	13	task	task	NOUN
cjal-3258	706	14	of	of	ADP
cjal-3258	706	15	evaluating	evaluate	VERB
cjal-3258	706	16	the	the	DET
cjal-3258	706	17	various	various	ADJ
cjal-3258	706	18	economical	economical	ADJ
cjal-3258	706	19	,	,	PUNCT
cjal-3258	706	20	environmental	environmental	ADJ
cjal-3258	706	21	and	and	CCONJ
cjal-3258	706	22	social	social	ADJ
cjal-3258	706	23	impacts	impact	NOUN
cjal-3258	706	24	necessary	necessary	ADJ
cjal-3258	706	25	to	to	PART
cjal-3258	706	26	accurately	accurately	ADV
cjal-3258	706	27	assess	assess	VERB
cjal-3258	706	28	the	the	DET
cjal-3258	706	29	effects	effect	NOUN
cjal-3258	706	30	of	of	ADP
cjal-3258	706	31	the	the	DET
cjal-3258	706	32	relevant	relevant	ADJ
cjal-3258	706	33	regulations	regulation	NOUN
cjal-3258	706	34	.	.	PUNCT
cjal-3258	707	1	this	this	PRON
cjal-3258	707	2	is	be	AUX
cjal-3258	707	3	especially	especially	ADV
cjal-3258	707	4	true	true	ADJ
cjal-3258	707	5	in	in	ADP
cjal-3258	707	6	china	china	PROPN
cjal-3258	707	7	,	,	PUNCT
cjal-3258	707	8	where	where	SCONJ
cjal-3258	707	9	its	its	PRON
cjal-3258	707	10	fledging	fledging	ADJ
cjal-3258	707	11	legal	legal	ADJ
cjal-3258	707	12	system	system	NOUN
cjal-3258	707	13	suffers	suffer	VERB
cjal-3258	707	14	from	from	ADP
cjal-3258	707	15	structural	structural	ADJ
cjal-3258	707	16	deficiencies	deficiency	NOUN
cjal-3258	707	17	,	,	PUNCT
cjal-3258	707	18	including	include	VERB
cjal-3258	707	19	a	a	DET
cjal-3258	707	20	lack	lack	NOUN
cjal-3258	707	21	of	of	ADP
cjal-3258	707	22	professional	professional	ADJ
cjal-3258	707	23	competency	competency	NOUN
cjal-3258	707	24	among	among	ADP
cjal-3258	707	25	its	its	PRON
cjal-3258	707	26	legal	legal	ADJ
cjal-3258	707	27	officials	official	NOUN
cjal-3258	707	28	.	.	PUNCT
cjal-3258	708	1	177	177	NUM
cjal-3258	708	2	similarly	similarly	ADV
cjal-3258	708	3	,	,	PUNCT
cjal-3258	708	4	the	the	DET
cjal-3258	708	5	u.s	u.s	PROPN
cjal-3258	708	6	.	.	PROPN
cjal-3258	708	7	regulatory	regulatory	ADJ
cjal-3258	708	8	takings	taking	NOUN
cjal-3258	708	9	and	and	CCONJ
cjal-3258	708	10	givings	giving	NOUN
cjal-3258	708	11	doctrine	doctrine	NOUN
cjal-3258	708	12	involves	involve	VERB
cjal-3258	708	13	a	a	DET
cjal-3258	708	14	significant	significant	ADJ
cjal-3258	708	15	amount	amount	NOUN
cjal-3258	708	16	of	of	ADP
cjal-3258	708	17	economic	economic	ADJ
cjal-3258	708	18	analysis	analysis	NOUN
cjal-3258	708	19	that	that	PRON
cjal-3258	708	20	may	may	AUX
cjal-3258	708	21	not	not	PART
cjal-3258	708	22	appeal	appeal	VERB
cjal-3258	708	23	legal	legal	ADJ
cjal-3258	708	24	traditionalists	traditionalist	NOUN
cjal-3258	708	25	,	,	PUNCT
cjal-3258	708	26	and	and	CCONJ
cjal-3258	708	27	there	there	PRON
cjal-3258	708	28	are	be	VERB
cjal-3258	708	29	years	year	NOUN
cjal-3258	708	30	.	.	PUNCT
cjal-3258	709	1	the	the	DET
cjal-3258	709	2	suspension	suspension	NOUN
cjal-3258	709	3	under	under	ADP
cjal-3258	709	4	these	these	DET
cjal-3258	709	5	sections	section	NOUN
cjal-3258	709	6	is	be	AUX
cjal-3258	709	7	more	more	ADJ
cjal-3258	709	8	of	of	ADP
cjal-3258	709	9	a	a	DET
cjal-3258	709	10	penalty	penalty	NOUN
cjal-3258	709	11	nature	nature	NOUN
cjal-3258	709	12	.	.	PUNCT
cjal-3258	710	1	this	this	PRON
cjal-3258	710	2	is	be	AUX
cjal-3258	710	3	not	not	PART
cjal-3258	710	4	really	really	ADV
cjal-3258	710	5	relevant	relevant	ADJ
cjal-3258	710	6	for	for	ADP
cjal-3258	710	7	our	our	PRON
cjal-3258	710	8	purpose	purpose	NOUN
cjal-3258	710	9	of	of	ADP
cjal-3258	710	10	identifying	identify	VERB
cjal-3258	710	11	whether	whether	SCONJ
cjal-3258	710	12	the	the	DET
cjal-3258	710	13	chinese	chinese	ADJ
cjal-3258	710	14	scenario	scenario	NOUN
cjal-3258	710	15	is	be	AUX
cjal-3258	710	16	a	a	DET
cjal-3258	710	17	chargeable	chargeable	ADJ
cjal-3258	710	18	giving	giving	NOUN
cjal-3258	710	19	since	since	SCONJ
cjal-3258	710	20	the	the	DET
cjal-3258	710	21	lifting	lifting	NOUN
cjal-3258	710	22	of	of	ADP
cjal-3258	710	23	trading	trading	NOUN
cjal-3258	710	24	restrictions	restriction	NOUN
cjal-3258	710	25	is	be	AUX
cjal-3258	710	26	not	not	PART
cjal-3258	710	27	of	of	ADP
cjal-3258	710	28	a	a	DET
cjal-3258	710	29	reward	reward	NOUN
cjal-3258	710	30	nature	nature	NOUN
cjal-3258	710	31	.	.	PUNCT
cjal-3258	711	1	hence	hence	ADV
cjal-3258	711	2	,	,	PUNCT
cjal-3258	711	3	the	the	DET
cjal-3258	711	4	suspension	suspension	NOUN
cjal-3258	711	5	here	here	ADV
cjal-3258	711	6	refers	refer	VERB
cjal-3258	711	7	to	to	ADP
cjal-3258	711	8	the	the	DET
cjal-3258	711	9	nonpenalizing	nonpenalize	VERB
cjal-3258	711	10	suspension	suspension	NOUN
cjal-3258	711	11	not	not	PART
cjal-3258	711	12	covered	cover	VERB
cjal-3258	711	13	in	in	ADP
cjal-3258	711	14	this	this	DET
cjal-3258	711	15	statue	statue	NOUN
cjal-3258	711	16	.	.	PUNCT
cjal-3258	712	1	175	175	NUM
cjal-3258	712	2	bell	bell	PROPN
cjal-3258	712	3	&	&	CCONJ
cjal-3258	712	4	parchomovsky	parchomovsky	PROPN
cjal-3258	712	5	,	,	PUNCT
cjal-3258	712	6	givings	giving	NOUN
cjal-3258	712	7	,	,	PUNCT
cjal-3258	712	8	supra	supra	PROPN
cjal-3258	712	9	note	note	NOUN
cjal-3258	712	10	6	6	NUM
cjal-3258	712	11	,	,	PUNCT
cjal-3258	712	12	at	at	ADP
cjal-3258	712	13	591	591	NUM
cjal-3258	712	14	.	.	PUNCT
cjal-3258	713	1	176	176	NUM
cjal-3258	713	2	see	see	VERB
cjal-3258	713	3	supra	supra	PROPN
cjal-3258	713	4	part	part	NOUN
cjal-3258	713	5	ii.c	ii.c	VERB
cjal-3258	713	6	.	.	PUNCT
cjal-3258	714	1	177	177	NUM
cjal-3258	714	2	ft	ft	PART
cjal-3258	714	3	a	a	PRON
cjal-3258	714	4	,	,	PUNCT
cjal-3258	714	5	)	)	PUNCT
cjal-3258	715	1	i	i	PRON
cjal-3258	715	2	a	a	DET
cjal-3258	715	3	j	j	PROPN
cjal-3258	715	4	.j	.j	PROPN
cjal-3258	716	1	[	[	PUNCT
cjal-3258	716	2	i	i	PRON
cjal-3258	716	3	it	it	PRON
cjal-3258	717	1	[	[	X
cjal-3258	717	2	fang	fang	PROPN
cjal-3258	717	3	lixin	lixin	PROPN
cjal-3258	717	4	,	,	PUNCT
cjal-3258	717	5	reasons	reason	NOUN
cjal-3258	717	6	and	and	CCONJ
cjal-3258	717	7	structure	structure	NOUN
cjal-3258	717	8	for	for	ADP
cjal-3258	717	9	judicial	judicial	ADJ
cjal-3258	717	10	reform	reform	NOUN
cjal-3258	717	11	]	]	PUNCT
cjal-3258	717	12	,	,	PUNCT
cjal-3258	717	13	a	a	DET
cjal-3258	717	14	z	z	NOUN
cjal-3258	717	15	3	3	NUM
cjal-3258	717	16	[	[	X
cjal-3258	717	17	zhejiang	zhejiang	PROPN
cjal-3258	717	18	university	university	PROPN
cjal-3258	717	19	journal	journal	NOUN
cjal-3258	717	20	]	]	PUNCT
cjal-3258	717	21	,	,	PUNCT
cjal-3258	717	22	available	available	ADJ
cjal-3258	717	23	at	at	ADP
cjal-3258	717	24	http://www.chinalegaltheory.com/detail.asp?r=3&id=2147	http://www.chinalegaltheory.com/detail.asp?r=3&id=2147	PRON
cjal-3258	717	25	.	.	PUNCT
cjal-3258	718	1	[	[	X
cjal-3258	718	2	20:1	20:1	NUM
cjal-3258	718	3	regula	regula	NOUN
cjal-3258	718	4	tory	tory	NOUN
cjal-3258	718	5	givings	giving	NOUN
cjal-3258	718	6	in	in	ADP
cjal-3258	718	7	china	china	PROPN
cjal-3258	718	8	many	many	ADJ
cjal-3258	718	9	such	such	ADJ
cjal-3258	718	10	traditionalists	traditionalist	NOUN
cjal-3258	718	11	,	,	PUNCT
cjal-3258	718	12	especially	especially	ADV
cjal-3258	718	13	outside	outside	ADV
cjal-3258	718	14	of	of	ADP
cjal-3258	718	15	the	the	DET
cjal-3258	718	16	u.s	u.s	PROPN
cjal-3258	718	17	.	.	PROPN
cjal-3258	718	18	the	the	DET
cjal-3258	718	19	government	government	NOUN
cjal-3258	718	20	,	,	PUNCT
cjal-3258	718	21	on	on	ADP
cjal-3258	718	22	the	the	DET
cjal-3258	718	23	other	other	ADJ
cjal-3258	718	24	hand	hand	NOUN
cjal-3258	718	25	,	,	PUNCT
cjal-3258	718	26	is	be	AUX
cjal-3258	718	27	more	more	ADV
cjal-3258	718	28	willing	willing	ADJ
cjal-3258	718	29	and	and	CCONJ
cjal-3258	718	30	capable	capable	ADJ
cjal-3258	718	31	of	of	ADP
cjal-3258	718	32	taking	take	VERB
cjal-3258	718	33	advantage	advantage	NOUN
cjal-3258	718	34	of	of	ADP
cjal-3258	718	35	this	this	DET
cjal-3258	718	36	principle	principle	NOUN
cjal-3258	718	37	,	,	PUNCT
cjal-3258	718	38	which	which	PRON
cjal-3258	718	39	can	can	AUX
cjal-3258	718	40	significantly	significantly	ADV
cjal-3258	718	41	improve	improve	VERB
cjal-3258	718	42	governance	governance	NOUN
cjal-3258	718	43	efficiency	efficiency	NOUN
cjal-3258	718	44	and	and	CCONJ
cjal-3258	718	45	fairness	fairness	NOUN
cjal-3258	718	46	.	.	PUNCT
cjal-3258	719	1	more	more	ADV
cjal-3258	719	2	importantly	importantly	ADV
cjal-3258	719	3	,	,	PUNCT
cjal-3258	719	4	the	the	DET
cjal-3258	719	5	central	central	ADJ
cjal-3258	719	6	theme	theme	NOUN
cjal-3258	719	7	behind	behind	ADP
cjal-3258	719	8	this	this	DET
cjal-3258	719	9	extension	extension	NOUN
cjal-3258	719	10	and	and	CCONJ
cjal-3258	719	11	the	the	DET
cjal-3258	719	12	original	original	ADJ
cjal-3258	719	13	criterion	criterion	NOUN
cjal-3258	719	14	is	be	AUX
cjal-3258	719	15	the	the	DET
cjal-3258	719	16	need	need	NOUN
cjal-3258	719	17	for	for	ADP
cjal-3258	719	18	consistent	consistent	ADJ
cjal-3258	719	19	treatment	treatment	NOUN
cjal-3258	719	20	.	.	PUNCT
cjal-3258	720	1	inconsistent	inconsistent	ADJ
cjal-3258	720	2	polices	police	NOUN
cjal-3258	720	3	and	and	CCONJ
cjal-3258	720	4	laws	law	NOUN
cjal-3258	720	5	are	be	AUX
cjal-3258	720	6	not	not	PART
cjal-3258	720	7	only	only	ADV
cjal-3258	720	8	likely	likely	ADJ
cjal-3258	720	9	to	to	PART
cjal-3258	720	10	be	be	AUX
cjal-3258	720	11	perceived	perceive	VERB
cjal-3258	720	12	as	as	ADP
cjal-3258	720	13	unfair	unfair	ADJ
cjal-3258	720	14	,	,	PUNCT
cjal-3258	720	15	but	but	CCONJ
cjal-3258	720	16	may	may	AUX
cjal-3258	720	17	also	also	ADV
cjal-3258	720	18	undermine	undermine	VERB
cjal-3258	720	19	effectiveness	effectiveness	NOUN
cjal-3258	720	20	178	178	NUM
cjal-3258	720	21	admittedly	admittedly	ADV
cjal-3258	720	22	,	,	PUNCT
cjal-3258	720	23	policies	policy	NOUN
cjal-3258	720	24	are	be	AUX
cjal-3258	720	25	within	within	ADP
cjal-3258	720	26	the	the	DET
cjal-3258	720	27	discretionary	discretionary	ADJ
cjal-3258	720	28	power	power	NOUN
cjal-3258	720	29	of	of	ADP
cjal-3258	720	30	the	the	DET
cjal-3258	720	31	government	government	NOUN
cjal-3258	720	32	and	and	CCONJ
cjal-3258	720	33	hence	hence	ADV
cjal-3258	720	34	more	more	ADJ
cjal-3258	720	35	fluid	fluid	NOUN
cjal-3258	720	36	in	in	ADP
cjal-3258	720	37	nature	nature	NOUN
cjal-3258	720	38	and	and	CCONJ
cjal-3258	720	39	harder	hard	ADJ
cjal-3258	720	40	to	to	PART
cjal-3258	720	41	define	define	VERB
cjal-3258	720	42	than	than	ADP
cjal-3258	720	43	laws	law	NOUN
cjal-3258	720	44	.	.	PUNCT
cjal-3258	721	1	the	the	DET
cjal-3258	721	2	line	line	NOUN
cjal-3258	721	3	between	between	ADP
cjal-3258	721	4	chargeable	chargeable	ADJ
cjal-3258	721	5	givings	giving	NOUN
cjal-3258	721	6	policies	policy	NOUN
cjal-3258	721	7	and	and	CCONJ
cjal-3258	721	8	non	non	ADJ
cjal-3258	721	9	-	-	ADJ
cjal-3258	721	10	chargeable	chargeable	ADJ
cjal-3258	721	11	benefit	benefit	NOUN
cjal-3258	721	12	policies	policy	NOUN
cjal-3258	721	13	is	be	AUX
cjal-3258	721	14	even	even	ADV
cjal-3258	721	15	fuzzier	fuzzy	ADJ
cjal-3258	721	16	than	than	ADP
cjal-3258	721	17	that	that	PRON
cjal-3258	721	18	of	of	ADP
cjal-3258	721	19	strict	strict	ADJ
cjal-3258	721	20	legal	legal	ADJ
cjal-3258	721	21	terms	term	NOUN
cjal-3258	721	22	.	.	PUNCT
cjal-3258	722	1	however	however	ADV
cjal-3258	722	2	,	,	PUNCT
cjal-3258	722	3	polices	police	NOUN
cjal-3258	722	4	of	of	ADP
cjal-3258	722	5	the	the	DET
cjal-3258	722	6	chinese	chinese	ADJ
cjal-3258	722	7	government	government	NOUN
cjal-3258	722	8	often	often	ADV
cjal-3258	722	9	have	have	VERB
cjal-3258	722	10	a	a	DET
cjal-3258	722	11	more	more	ADV
cjal-3258	722	12	extensive	extensive	ADJ
cjal-3258	722	13	impact	impact	NOUN
cjal-3258	722	14	on	on	ADP
cjal-3258	722	15	both	both	DET
cjal-3258	722	16	society	society	NOUN
cjal-3258	722	17	and	and	CCONJ
cjal-3258	722	18	the	the	DET
cjal-3258	722	19	economy	economy	NOUN
cjal-3258	722	20	than	than	ADP
cjal-3258	722	21	laws	law	NOUN
cjal-3258	722	22	.	.	PUNCT
cjal-3258	723	1	consistency	consistency	NOUN
cjal-3258	723	2	in	in	ADP
cjal-3258	723	3	policy	policy	NOUN
cjal-3258	723	4	implementations	implementation	NOUN
cjal-3258	723	5	is	be	AUX
cjal-3258	723	6	no	no	PRON
cjal-3258	723	7	less	less	ADV
cjal-3258	723	8	important	important	ADJ
cjal-3258	723	9	than	than	ADP
cjal-3258	723	10	that	that	PRON
cjal-3258	723	11	in	in	ADP
cjal-3258	723	12	laws	law	NOUN
cjal-3258	723	13	.	.	PUNCT
cjal-3258	724	1	applying	apply	VERB
cjal-3258	724	2	this	this	DET
cjal-3258	724	3	refined	refined	ADJ
cjal-3258	724	4	criterion	criterion	NOUN
cjal-3258	724	5	to	to	ADP
cjal-3258	724	6	the	the	DET
cjal-3258	724	7	chinese	chinese	PROPN
cjal-3258	724	8	scenario	scenario	PROPN
cjal-3258	724	9	,	,	PUNCT
cjal-3258	724	10	the	the	DET
cjal-3258	724	11	question	question	NOUN
cjal-3258	724	12	now	now	ADV
cjal-3258	724	13	is	be	AUX
cjal-3258	724	14	whether	whether	SCONJ
cjal-3258	724	15	the	the	DET
cjal-3258	724	16	government	government	NOUN
cjal-3258	724	17	would	would	AUX
cjal-3258	724	18	pay	pay	VERB
cjal-3258	724	19	compensation	compensation	NOUN
cjal-3258	724	20	to	to	ADP
cjal-3258	724	21	the	the	DET
cjal-3258	724	22	shareholders	shareholder	NOUN
cjal-3258	724	23	,	,	PUNCT
cjal-3258	724	24	either	either	CCONJ
cjal-3258	724	25	because	because	SCONJ
cjal-3258	724	26	of	of	ADP
cjal-3258	724	27	legal	legal	ADJ
cjal-3258	724	28	requirements	requirement	NOUN
cjal-3258	724	29	or	or	CCONJ
cjal-3258	724	30	as	as	SCONJ
cjal-3258	724	31	dictated	dictate	VERB
cjal-3258	724	32	by	by	ADP
cjal-3258	724	33	policy	policy	NOUN
cjal-3258	724	34	,	,	PUNCT
cjal-3258	724	35	if	if	SCONJ
cjal-3258	724	36	it	it	PRON
cjal-3258	724	37	were	be	AUX
cjal-3258	724	38	to	to	PART
cjal-3258	724	39	suspend	suspend	VERB
cjal-3258	724	40	the	the	DET
cjal-3258	724	41	trading	trading	NOUN
cjal-3258	724	42	rights	right	NOUN
cjal-3258	724	43	of	of	ADP
cjal-3258	724	44	their	their	PRON
cjal-3258	724	45	shares	share	NOUN
cjal-3258	724	46	.	.	PUNCT
cjal-3258	725	1	the	the	DET
cjal-3258	725	2	answer	answer	NOUN
cjal-3258	725	3	is	be	AUX
cjal-3258	725	4	likely	likely	ADJ
cjal-3258	725	5	in	in	ADP
cjal-3258	725	6	the	the	DET
cjal-3258	725	7	affirmative	affirmative	NOUN
cjal-3258	725	8	.	.	PUNCT
cjal-3258	726	1	as	as	ADP
cjal-3258	726	2	a	a	DET
cjal-3258	726	3	matter	matter	NOUN
cjal-3258	726	4	of	of	ADP
cjal-3258	726	5	policy	policy	NOUN
cjal-3258	726	6	consideration	consideration	NOUN
cjal-3258	726	7	,	,	PUNCT
cjal-3258	726	8	suspending	suspend	VERB
cjal-3258	726	9	the	the	DET
cjal-3258	726	10	trading	trading	NOUN
cjal-3258	726	11	rights	right	NOUN
cjal-3258	726	12	without	without	ADP
cjal-3258	726	13	any	any	DET
cjal-3258	726	14	compensation	compensation	NOUN
cjal-3258	726	15	would	would	AUX
cjal-3258	726	16	be	be	AUX
cjal-3258	726	17	too	too	ADV
cjal-3258	726	18	drastic	drastic	ADJ
cjal-3258	726	19	a	a	DET
cjal-3258	726	20	step	step	NOUN
cjal-3258	726	21	affecting	affect	VERB
cjal-3258	726	22	the	the	DET
cjal-3258	726	23	overall	overall	ADJ
cjal-3258	726	24	capital	capital	NOUN
cjal-3258	726	25	market	market	NOUN
cjal-3258	726	26	.	.	PUNCT
cjal-3258	727	1	it	it	PRON
cjal-3258	727	2	would	would	AUX
cjal-3258	727	3	also	also	ADV
cjal-3258	727	4	likely	likely	ADV
cjal-3258	727	5	be	be	AUX
cjal-3258	727	6	politically	politically	ADV
cjal-3258	727	7	unacceptable	unacceptable	ADJ
cjal-3258	727	8	,	,	PUNCT
cjal-3258	727	9	and	and	CCONJ
cjal-3258	727	10	would	would	AUX
cjal-3258	727	11	certainly	certainly	ADV
cjal-3258	727	12	hinder	hinder	VERB
cjal-3258	727	13	the	the	DET
cjal-3258	727	14	long	long	ADJ
cjal-3258	727	15	-	-	PUNCT
cjal-3258	727	16	term	term	NOUN
cjal-3258	727	17	development	development	NOUN
cjal-3258	727	18	of	of	ADP
cjal-3258	727	19	china	china	PROPN
cjal-3258	727	20	's	's	PART
cjal-3258	727	21	capital	capital	NOUN
cjal-3258	727	22	markets	market	NOUN
cjal-3258	727	23	.	.	PUNCT
cjal-3258	728	1	thus	thus	ADV
cjal-3258	728	2	,	,	PUNCT
cjal-3258	728	3	the	the	DET
cjal-3258	728	4	giving	giving	NOUN
cjal-3258	728	5	of	of	ADP
cjal-3258	728	6	the	the	DET
cjal-3258	728	7	trading	trading	NOUN
cjal-3258	728	8	right	right	NOUN
cjal-3258	728	9	to	to	ADP
cjal-3258	728	10	the	the	DET
cjal-3258	728	11	nontradable	nontradable	ADJ
cjal-3258	728	12	shares	share	NOUN
cjal-3258	728	13	should	should	AUX
cjal-3258	728	14	be	be	AUX
cjal-3258	728	15	charged	charge	VERB
cjal-3258	728	16	.	.	PUNCT
cjal-3258	729	1	2	2	X
cjal-3258	729	2	.	.	X
cjal-3258	729	3	identifiability	identifiability	NOUN
cjal-3258	729	4	of	of	ADP
cjal-3258	729	5	the	the	DET
cjal-3258	729	6	recipients	recipient	NOUN
cjal-3258	729	7	the	the	DET
cjal-3258	729	8	second	second	ADJ
cjal-3258	729	9	criterion	criterion	NOUN
cjal-3258	729	10	involves	involve	VERB
cjal-3258	729	11	assessing	assess	VERB
cjal-3258	729	12	how	how	SCONJ
cjal-3258	729	13	easily	easily	ADV
cjal-3258	729	14	identifiable	identifiable	ADJ
cjal-3258	729	15	the	the	DET
cjal-3258	729	16	recipients	recipient	NOUN
cjal-3258	729	17	of	of	ADP
cjal-3258	729	18	givings	giving	NOUN
cjal-3258	729	19	are	be	AUX
cjal-3258	729	20	.	.	PUNCT
cjal-3258	730	1	the	the	PRON
cjal-3258	730	2	more	more	ADV
cjal-3258	730	3	readily	readily	ADV
cjal-3258	730	4	identifiable	identifiable	ADJ
cjal-3258	730	5	the	the	DET
cjal-3258	730	6	recipients	recipient	NOUN
cjal-3258	730	7	of	of	ADP
cjal-3258	730	8	benefits	benefit	NOUN
cjal-3258	730	9	are	be	AUX
cjal-3258	730	10	as	as	ADP
cjal-3258	730	11	a	a	DET
cjal-3258	730	12	group	group	NOUN
cjal-3258	730	13	from	from	ADP
cjal-3258	730	14	the	the	DET
cjal-3258	730	15	public	public	NOUN
cjal-3258	730	16	at	at	ADP
cjal-3258	730	17	large	large	ADJ
cjal-3258	730	18	,	,	PUNCT
cjal-3258	730	19	the	the	DET
cjal-3258	730	20	more	more	ADV
cjal-3258	730	21	likely	likely	ADJ
cjal-3258	730	22	there	there	PRON
cjal-3258	730	23	is	be	VERB
cjal-3258	730	24	a	a	DET
cjal-3258	730	25	chargeable	chargeable	ADJ
cjal-3258	730	26	giving	giving	NOUN
cjal-3258	730	27	.	.	PUNCT
cjal-3258	731	1	179	179	NUM
cjal-3258	731	2	considerations	consideration	NOUN
cjal-3258	731	3	of	of	ADP
cjal-3258	731	4	fairness	fairness	NOUN
cjal-3258	731	5	and	and	CCONJ
cjal-3258	731	6	minoritarian	minoritarian	ADJ
cjal-3258	731	7	rent178	rent178	PROPN
cjal-3258	731	8	for	for	ADP
cjal-3258	731	9	example	example	NOUN
cjal-3258	731	10	,	,	PUNCT
cjal-3258	731	11	if	if	SCONJ
cjal-3258	731	12	the	the	DET
cjal-3258	731	13	government	government	NOUN
cjal-3258	731	14	set	set	VERB
cjal-3258	731	15	the	the	DET
cjal-3258	731	16	improvement	improvement	NOUN
cjal-3258	731	17	of	of	ADP
cjal-3258	731	18	racial	racial	ADJ
cjal-3258	731	19	harmony	harmony	NOUN
cjal-3258	731	20	as	as	ADP
cjal-3258	731	21	a	a	DET
cjal-3258	731	22	policy	policy	NOUN
cjal-3258	731	23	goal	goal	NOUN
cjal-3258	731	24	,	,	PUNCT
cjal-3258	731	25	simply	simply	ADV
cjal-3258	731	26	imposing	impose	VERB
cjal-3258	731	27	punishments	punishment	NOUN
cjal-3258	731	28	against	against	ADP
cjal-3258	731	29	those	those	PRON
cjal-3258	731	30	who	who	PRON
cjal-3258	731	31	disrupt	disrupt	VERB
cjal-3258	731	32	racial	racial	ADJ
cjal-3258	731	33	harmony	harmony	NOUN
cjal-3258	731	34	without	without	ADP
cjal-3258	731	35	giving	give	VERB
cjal-3258	731	36	due	due	ADJ
cjal-3258	731	37	recognition	recognition	NOUN
cjal-3258	731	38	to	to	ADP
cjal-3258	731	39	those	those	PRON
cjal-3258	731	40	who	who	PRON
cjal-3258	731	41	promote	promote	VERB
cjal-3258	731	42	racial	racial	ADJ
cjal-3258	731	43	harmony	harmony	NOUN
cjal-3258	731	44	is	be	AUX
cjal-3258	731	45	not	not	PART
cjal-3258	731	46	likely	likely	ADJ
cjal-3258	731	47	to	to	PART
cjal-3258	731	48	be	be	AUX
cjal-3258	731	49	a	a	DET
cjal-3258	731	50	particularly	particularly	ADV
cjal-3258	731	51	effective	effective	ADJ
cjal-3258	731	52	policy	policy	NOUN
cjal-3258	731	53	implementation	implementation	NOUN
cjal-3258	731	54	method	method	NOUN
cjal-3258	731	55	.	.	PUNCT
cjal-3258	732	1	similarly	similarly	ADV
cjal-3258	732	2	,	,	PUNCT
cjal-3258	732	3	a	a	DET
cjal-3258	732	4	classic	classic	ADJ
cjal-3258	732	5	example	example	NOUN
cjal-3258	732	6	for	for	ADP
cjal-3258	732	7	the	the	DET
cjal-3258	732	8	importance	importance	NOUN
cjal-3258	732	9	of	of	ADP
cjal-3258	732	10	consistency	consistency	NOUN
cjal-3258	732	11	in	in	ADP
cjal-3258	732	12	laws	law	NOUN
cjal-3258	732	13	is	be	AUX
cjal-3258	732	14	that	that	PRON
cjal-3258	732	15	of	of	ADP
cjal-3258	732	16	the	the	DET
cjal-3258	732	17	legal	legal	ADJ
cjal-3258	732	18	safeguard	safeguard	NOUN
cjal-3258	732	19	of	of	ADP
cjal-3258	732	20	human	human	ADJ
cjal-3258	732	21	life	life	NOUN
cjal-3258	732	22	.	.	PUNCT
cjal-3258	733	1	on	on	ADP
cjal-3258	733	2	one	one	NUM
cjal-3258	733	3	hand	hand	NOUN
cjal-3258	733	4	,	,	PUNCT
cjal-3258	733	5	it	it	PRON
cjal-3258	733	6	is	be	AUX
cjal-3258	733	7	a	a	DET
cjal-3258	733	8	severe	severe	ADJ
cjal-3258	733	9	offence	offence	NOUN
cjal-3258	733	10	to	to	PART
cjal-3258	733	11	kill	kill	VERB
cjal-3258	733	12	another	another	DET
cjal-3258	733	13	human	human	ADJ
cjal-3258	733	14	life	life	NOUN
cjal-3258	733	15	.	.	PUNCT
cjal-3258	734	1	on	on	ADP
cjal-3258	734	2	the	the	DET
cjal-3258	734	3	other	other	ADJ
cjal-3258	734	4	hand	hand	NOUN
cjal-3258	734	5	,	,	PUNCT
cjal-3258	734	6	if	if	SCONJ
cjal-3258	734	7	one	one	PRON
cjal-3258	734	8	is	be	AUX
cjal-3258	734	9	trying	try	VERB
cjal-3258	734	10	to	to	PART
cjal-3258	734	11	save	save	VERB
cjal-3258	734	12	life	life	NOUN
cjal-3258	734	13	,	,	PUNCT
cjal-3258	734	14	one	one	PRON
cjal-3258	734	15	can	can	AUX
cjal-3258	734	16	even	even	ADV
cjal-3258	734	17	goes	go	VERB
cjal-3258	734	18	as	as	ADV
cjal-3258	734	19	far	far	ADV
cjal-3258	734	20	as	as	ADP
cjal-3258	734	21	killing	kill	VERB
cjal-3258	734	22	another	another	PRON
cjal-3258	734	23	under	under	ADP
cjal-3258	734	24	the	the	DET
cjal-3258	734	25	doctrine	doctrine	NOUN
cjal-3258	734	26	of	of	ADP
cjal-3258	734	27	self	self	NOUN
cjal-3258	734	28	defense	defense	NOUN
cjal-3258	734	29	.	.	PUNCT
cjal-3258	735	1	it	it	PRON
cjal-3258	735	2	is	be	AUX
cjal-3258	735	3	inconsistent	inconsistent	ADJ
cjal-3258	735	4	with	with	ADP
cjal-3258	735	5	the	the	DET
cjal-3258	735	6	aim	aim	NOUN
cjal-3258	735	7	of	of	ADP
cjal-3258	735	8	safeguarding	safeguard	VERB
cjal-3258	735	9	human	human	ADJ
cjal-3258	735	10	life	life	NOUN
cjal-3258	735	11	if	if	SCONJ
cjal-3258	735	12	one	one	NUM
cjal-3258	735	13	only	only	ADV
cjal-3258	735	14	punishes	punish	VERB
cjal-3258	735	15	those	those	PRON
cjal-3258	735	16	who	who	PRON
cjal-3258	735	17	kill	kill	VERB
cjal-3258	735	18	without	without	ADP
cjal-3258	735	19	making	make	VERB
cjal-3258	735	20	allowances	allowance	NOUN
cjal-3258	735	21	for	for	ADP
cjal-3258	735	22	those	those	PRON
cjal-3258	735	23	who	who	PRON
cjal-3258	735	24	save	save	VERB
cjal-3258	735	25	life	life	NOUN
cjal-3258	735	26	(	(	PUNCT
cjal-3258	735	27	exemption	exemption	NOUN
cjal-3258	735	28	of	of	ADP
cjal-3258	735	29	legal	legal	ADJ
cjal-3258	735	30	liability	liability	NOUN
cjal-3258	735	31	in	in	ADP
cjal-3258	735	32	the	the	DET
cjal-3258	735	33	form	form	NOUN
cjal-3258	735	34	of	of	ADP
cjal-3258	735	35	legal	legal	ADJ
cjal-3258	735	36	defenses	defense	NOUN
cjal-3258	735	37	like	like	ADP
cjal-3258	735	38	self	self	NOUN
cjal-3258	735	39	defense	defense	NOUN
cjal-3258	735	40	and	and	CCONJ
cjal-3258	735	41	necessity	necessity	NOUN
cjal-3258	735	42	)	)	PUNCT
cjal-3258	735	43	.	.	PUNCT
cjal-3258	736	1	such	such	ADJ
cjal-3258	736	2	inconsistent	inconsistent	ADJ
cjal-3258	736	3	laws	law	NOUN
cjal-3258	736	4	will	will	AUX
cjal-3258	736	5	certainly	certainly	ADV
cjal-3258	736	6	be	be	AUX
cjal-3258	736	7	less	less	ADV
cjal-3258	736	8	effective	effective	ADJ
cjal-3258	736	9	in	in	ADP
cjal-3258	736	10	protecting	protect	VERB
cjal-3258	736	11	human	human	ADJ
cjal-3258	736	12	life	life	NOUN
cjal-3258	736	13	as	as	ADV
cjal-3258	736	14	well	well	ADV
cjal-3258	736	15	.	.	PUNCT
cjal-3258	737	1	179	179	NUM
cjal-3258	737	2	bell	bell	PROPN
cjal-3258	737	3	&	&	CCONJ
cjal-3258	737	4	parchomovsky	parchomovsky	PROPN
cjal-3258	737	5	,	,	PUNCT
cjal-3258	737	6	givings	giving	NOUN
cjal-3258	737	7	,	,	PUNCT
cjal-3258	737	8	supra	supra	PROPN
cjal-3258	737	9	note	note	NOUN
cjal-3258	737	10	6	6	NUM
cjal-3258	737	11	,	,	PUNCT
cjal-3258	737	12	at	at	ADP
cjal-3258	737	13	593	593	NUM
cjal-3258	737	14	.	.	PUNCT
cjal-3258	737	15	2006	2006	NUM
cjal-3258	737	16	]	]	PUNCT
cjal-3258	737	17	333	333	NUM
cjal-3258	737	18	columbia	columbia	PROPN
cjal-3258	737	19	journal	journal	PROPN
cjal-3258	737	20	of	of	ADP
cjal-3258	737	21	asian	asian	ADJ
cjal-3258	737	22	law	law	NOUN
cjal-3258	737	23	seeking	seeking	NOUN
cjal-3258	737	24	have	have	AUX
cjal-3258	737	25	been	be	AUX
cjal-3258	737	26	identified	identify	VERB
cjal-3258	737	27	as	as	ADP
cjal-3258	737	28	reasons	reason	NOUN
cjal-3258	737	29	supporting	support	VERB
cjal-3258	737	30	this	this	DET
cjal-3258	737	31	criterion	criterion	NOUN
cjal-3258	737	32	.	.	PUNCT
cjal-3258	738	1	180	180	NUM
cjal-3258	738	2	singling	single	VERB
cjal-3258	738	3	out	out	ADP
cjal-3258	738	4	a	a	DET
cjal-3258	738	5	small	small	ADJ
cjal-3258	738	6	and	and	CCONJ
cjal-3258	738	7	discrete	discrete	ADJ
cjal-3258	738	8	group	group	NOUN
cjal-3258	738	9	of	of	ADP
cjal-3258	738	10	people	people	NOUN
cjal-3258	738	11	for	for	ADP
cjal-3258	738	12	benefits	benefit	NOUN
cjal-3258	738	13	or	or	CCONJ
cjal-3258	738	14	detriments	detriment	NOUN
cjal-3258	738	15	when	when	SCONJ
cjal-3258	738	16	those	those	DET
cjal-3258	738	17	benefits	benefit	NOUN
cjal-3258	738	18	or	or	CCONJ
cjal-3258	738	19	detriments	detriment	NOUN
cjal-3258	738	20	should	should	AUX
cjal-3258	738	21	be	be	AUX
cjal-3258	738	22	accepted	accept	VERB
cjal-3258	738	23	by	by	ADP
cjal-3258	738	24	the	the	DET
cjal-3258	738	25	public	public	NOUN
cjal-3258	738	26	clearly	clearly	ADV
cjal-3258	738	27	offends	offend	VERB
cjal-3258	738	28	requirements	requirement	NOUN
cjal-3258	738	29	of	of	ADP
cjal-3258	738	30	fairness	fairness	NOUN
cjal-3258	738	31	.	.	PUNCT
cjal-3258	739	1	similarly	similarly	ADV
cjal-3258	739	2	,	,	PUNCT
cjal-3258	739	3	the	the	DET
cjal-3258	739	4	more	more	ADV
cjal-3258	739	5	unequal	unequal	ADJ
cjal-3258	739	6	the	the	DET
cjal-3258	739	7	distribution	distribution	NOUN
cjal-3258	739	8	of	of	ADP
cjal-3258	739	9	a	a	DET
cjal-3258	739	10	benefit	benefit	NOUN
cjal-3258	739	11	is	be	AUX
cjal-3258	739	12	,	,	PUNCT
cjal-3258	739	13	the	the	DET
cjal-3258	739	14	greater	great	ADJ
cjal-3258	739	15	is	be	AUX
cjal-3258	739	16	the	the	DET
cjal-3258	739	17	risk	risk	NOUN
cjal-3258	739	18	of	of	ADP
cjal-3258	739	19	minoritarian	minoritarian	ADJ
cjal-3258	739	20	rent	rent	NOUN
cjal-3258	739	21	-	-	PUNCT
cjal-3258	739	22	seeking	seeking	NOUN
cjal-3258	739	23	.	.	PUNCT
cjal-3258	740	1	this	this	DET
cjal-3258	740	2	criterion	criterion	NOUN
cjal-3258	740	3	is	be	AUX
cjal-3258	740	4	also	also	ADV
cjal-3258	740	5	mandated	mandate	VERB
cjal-3258	740	6	by	by	ADP
cjal-3258	740	7	the	the	DET
cjal-3258	740	8	practical	practical	ADJ
cjal-3258	740	9	considerations	consideration	NOUN
cjal-3258	740	10	of	of	ADP
cjal-3258	740	11	implementing	implement	VERB
cjal-3258	740	12	a	a	DET
cjal-3258	740	13	charge	charge	NOUN
cjal-3258	740	14	.	.	PUNCT
cjal-3258	741	1	one	one	PRON
cjal-3258	741	2	can	can	AUX
cjal-3258	741	3	not	not	PART
cjal-3258	741	4	assess	assess	VERB
cjal-3258	741	5	a	a	DET
cjal-3258	741	6	charge	charge	NOUN
cjal-3258	741	7	if	if	SCONJ
cjal-3258	741	8	one	one	PRON
cjal-3258	741	9	can	can	AUX
cjal-3258	741	10	not	not	PART
cjal-3258	741	11	identify	identify	VERB
cjal-3258	741	12	the	the	DET
cjal-3258	741	13	targets	target	NOUN
cjal-3258	741	14	to	to	PART
cjal-3258	741	15	be	be	AUX
cjal-3258	741	16	charged	charge	VERB
cjal-3258	741	17	.	.	PUNCT
cjal-3258	742	1	transaction	transaction	NOUN
cjal-3258	742	2	costs	cost	NOUN
cjal-3258	742	3	also	also	ADV
cjal-3258	742	4	come	come	VERB
cjal-3258	742	5	into	into	ADP
cjal-3258	742	6	play	play	NOUN
cjal-3258	742	7	as	as	SCONJ
cjal-3258	742	8	the	the	DET
cjal-3258	742	9	less	less	ADV
cjal-3258	742	10	identifiable	identifiable	ADJ
cjal-3258	742	11	the	the	DET
cjal-3258	742	12	recipients	recipient	NOUN
cjal-3258	742	13	of	of	ADP
cjal-3258	742	14	benefits	benefit	NOUN
cjal-3258	742	15	are	be	AUX
cjal-3258	742	16	,	,	PUNCT
cjal-3258	742	17	the	the	PRON
cjal-3258	742	18	higher	high	ADJ
cjal-3258	742	19	the	the	DET
cjal-3258	742	20	transaction	transaction	NOUN
cjal-3258	742	21	costs	cost	NOUN
cjal-3258	742	22	of	of	ADP
cjal-3258	742	23	identifying	identify	VERB
cjal-3258	742	24	them	they	PRON
cjal-3258	742	25	for	for	ADP
cjal-3258	742	26	the	the	DET
cjal-3258	742	27	purpose	purpose	NOUN
cjal-3258	742	28	of	of	ADP
cjal-3258	742	29	charging	charge	VERB
cjal-3258	742	30	.	.	PUNCT
cjal-3258	743	1	this	this	PRON
cjal-3258	743	2	may	may	AUX
cjal-3258	743	3	reduce	reduce	VERB
cjal-3258	743	4	or	or	CCONJ
cjal-3258	743	5	even	even	ADV
cjal-3258	743	6	nullify	nullify	VERB
cjal-3258	743	7	the	the	DET
cjal-3258	743	8	efficiency	efficiency	NOUN
cjal-3258	743	9	and	and	CCONJ
cjal-3258	743	10	financial	financial	ADJ
cjal-3258	743	11	benefits	benefit	NOUN
cjal-3258	743	12	of	of	ADP
cjal-3258	743	13	charging	charge	VERB
cjal-3258	743	14	the	the	DET
cjal-3258	743	15	givings	giving	NOUN
cjal-3258	743	16	.	.	PUNCT
cjal-3258	744	1	in	in	ADP
cjal-3258	744	2	our	our	PRON
cjal-3258	744	3	chinese	chinese	ADJ
cjal-3258	744	4	scenario	scenario	NOUN
cjal-3258	744	5	,	,	PUNCT
cjal-3258	744	6	the	the	DET
cjal-3258	744	7	non	non	ADJ
cjal-3258	744	8	-	-	ADJ
cjal-3258	744	9	tradable	tradable	ADJ
cjal-3258	744	10	shareholders	shareholder	NOUN
cjal-3258	744	11	are	be	AUX
cjal-3258	744	12	clearly	clearly	ADV
cjal-3258	744	13	the	the	DET
cjal-3258	744	14	beneficiaries	beneficiary	NOUN
cjal-3258	744	15	of	of	ADP
cjal-3258	744	16	any	any	DET
cjal-3258	744	17	regulatory	regulatory	ADJ
cjal-3258	744	18	lifting	lifting	NOUN
cjal-3258	744	19	of	of	ADP
cjal-3258	744	20	trading	trading	NOUN
cjal-3258	744	21	restrictions	restriction	NOUN
cjal-3258	744	22	.	.	PUNCT
cjal-3258	745	1	as	as	SCONJ
cjal-3258	745	2	discussed	discuss	VERB
cjal-3258	745	3	in	in	ADP
cjal-3258	745	4	part	part	PROPN
cjal-3258	745	5	ii	ii	PROPN
cjal-3258	745	6	,	,	PUNCT
cjal-3258	745	7	tradable	tradable	ADJ
cjal-3258	745	8	shares	share	NOUN
cjal-3258	745	9	are	be	AUX
cjal-3258	745	10	often	often	ADV
cjal-3258	745	11	traded	trade	VERB
cjal-3258	745	12	at	at	ADP
cjal-3258	745	13	a	a	DET
cjal-3258	745	14	price	price	NOUN
cjal-3258	745	15	significantly	significantly	ADV
cjal-3258	745	16	higher	high	ADJ
cjal-3258	745	17	than	than	ADP
cjal-3258	745	18	their	their	PRON
cjal-3258	745	19	actual	actual	ADJ
cjal-3258	745	20	value	value	NOUN
cjal-3258	745	21	.	.	PUNCT
cjal-3258	746	1	notwithstanding	notwithstanding	ADP
cjal-3258	746	2	the	the	DET
cjal-3258	746	3	drop	drop	NOUN
cjal-3258	746	4	in	in	ADP
cjal-3258	746	5	overall	overall	ADJ
cjal-3258	746	6	share	share	NOUN
cjal-3258	746	7	value	value	NOUN
cjal-3258	746	8	when	when	SCONJ
cjal-3258	746	9	the	the	DET
cjal-3258	746	10	non	non	ADJ
cjal-3258	746	11	-	-	ADJ
cjal-3258	746	12	tradable	tradable	ADJ
cjal-3258	746	13	shares	share	NOUN
cjal-3258	746	14	are	be	AUX
cjal-3258	746	15	allowed	allow	VERB
cjal-3258	746	16	to	to	PART
cjal-3258	746	17	trade	trade	VERB
cjal-3258	746	18	,	,	PUNCT
cjal-3258	746	19	'	'	PUNCT
cjal-3258	746	20	8	8	NUM
cjal-3258	746	21	'	'	PUNCT
cjal-3258	746	22	the	the	DET
cjal-3258	746	23	holders	holder	NOUN
cjal-3258	746	24	of	of	ADP
cjal-3258	746	25	non	non	ADJ
cjal-3258	746	26	-	-	ADJ
cjal-3258	746	27	tradable	tradable	ADJ
cjal-3258	746	28	shares	share	NOUN
cjal-3258	746	29	are	be	AUX
cjal-3258	746	30	still	still	ADV
cjal-3258	746	31	very	very	ADV
cjal-3258	746	32	likely	likely	ADJ
cjal-3258	746	33	to	to	PART
cjal-3258	746	34	sell	sell	VERB
cjal-3258	746	35	their	their	PRON
cjal-3258	746	36	shares	share	NOUN
cjal-3258	746	37	at	at	ADP
cjal-3258	746	38	a	a	DET
cjal-3258	746	39	higher	high	ADJ
cjal-3258	746	40	price	price	NOUN
cjal-3258	746	41	than	than	SCONJ
cjal-3258	746	42	would	would	AUX
cjal-3258	746	43	otherwise	otherwise	ADV
cjal-3258	746	44	be	be	AUX
cjal-3258	746	45	possible	possible	ADJ
cjal-3258	746	46	outside	outside	ADP
cjal-3258	746	47	the	the	DET
cjal-3258	746	48	stock	stock	NOUN
cjal-3258	746	49	exchange	exchange	NOUN
cjal-3258	746	50	.	.	PUNCT
cjal-3258	747	1	the	the	DET
cjal-3258	747	2	non	non	ADJ
cjal-3258	747	3	-	-	ADJ
cjal-3258	747	4	tradable	tradable	ADJ
cjal-3258	747	5	shareholders	shareholder	NOUN
cjal-3258	747	6	form	form	VERB
cjal-3258	747	7	a	a	DET
cjal-3258	747	8	readily	readily	ADV
cjal-3258	747	9	identifiable	identifiable	ADJ
cjal-3258	747	10	group	group	NOUN
cjal-3258	747	11	that	that	PRON
cjal-3258	747	12	directly	directly	ADV
cjal-3258	747	13	benefits	benefit	VERB
cjal-3258	747	14	from	from	ADP
cjal-3258	747	15	the	the	DET
cjal-3258	747	16	regulation	regulation	NOUN
cjal-3258	747	17	.	.	PUNCT
cjal-3258	748	1	the	the	DET
cjal-3258	748	2	transaction	transaction	NOUN
cjal-3258	748	3	costs	cost	NOUN
cjal-3258	748	4	of	of	ADP
cjal-3258	748	5	identifying	identify	VERB
cjal-3258	748	6	them	they	PRON
cjal-3258	748	7	are	be	AUX
cjal-3258	748	8	minimal	minimal	ADJ
cjal-3258	748	9	,	,	PUNCT
cjal-3258	748	10	since	since	SCONJ
cjal-3258	748	11	identification	identification	NOUN
cjal-3258	748	12	only	only	ADV
cjal-3258	748	13	involves	involve	VERB
cjal-3258	748	14	a	a	DET
cjal-3258	748	15	simple	simple	ADJ
cjal-3258	748	16	check	check	NOUN
cjal-3258	748	17	into	into	ADP
cjal-3258	748	18	the	the	DET
cjal-3258	748	19	listed	list	VERB
cjal-3258	748	20	companies	company	NOUN
cjal-3258	748	21	'	'	PART
cjal-3258	748	22	registry	registry	NOUN
cjal-3258	748	23	.	.	PUNCT
cjal-3258	749	1	hence	hence	ADV
cjal-3258	749	2	,	,	PUNCT
cjal-3258	749	3	together	together	ADV
cjal-3258	749	4	with	with	ADP
cjal-3258	749	5	satisfaction	satisfaction	NOUN
cjal-3258	749	6	of	of	ADP
cjal-3258	749	7	the	the	DET
cjal-3258	749	8	first	first	ADJ
cjal-3258	749	9	criterion	criterion	NOUN
cjal-3258	749	10	,	,	PUNCT
cjal-3258	749	11	a	a	DET
cjal-3258	749	12	charge	charge	NOUN
cjal-3258	749	13	should	should	AUX
cjal-3258	749	14	be	be	AUX
cjal-3258	749	15	assessed	assess	VERB
cjal-3258	749	16	on	on	ADP
cjal-3258	749	17	the	the	DET
cjal-3258	749	18	non	non	ADJ
cjal-3258	749	19	-	-	ADJ
cjal-3258	749	20	tradable	tradable	ADJ
cjal-3258	749	21	shareholders	shareholder	NOUN
cjal-3258	749	22	for	for	ADP
cjal-3258	749	23	the	the	DET
cjal-3258	749	24	benefits	benefit	NOUN
cjal-3258	749	25	they	they	PRON
cjal-3258	749	26	receive	receive	VERB
cjal-3258	749	27	from	from	ADP
cjal-3258	749	28	the	the	DET
cjal-3258	749	29	regulatory	regulatory	ADJ
cjal-3258	749	30	lifting	lifting	NOUN
cjal-3258	749	31	of	of	ADP
cjal-3258	749	32	trading	trading	NOUN
cjal-3258	749	33	restrictions	restriction	NOUN
cjal-3258	749	34	.	.	PUNCT
cjal-3258	750	1	3	3	X
cjal-3258	750	2	.	.	X
cjal-3258	750	3	proximity	proximity	NOUN
cjal-3258	750	4	of	of	ADP
cjal-3258	750	5	the	the	DET
cjal-3258	750	6	act	act	NOUN
cjal-3258	750	7	to	to	ADP
cjal-3258	750	8	a	a	DET
cjal-3258	750	9	taking	take	VERB
cjal-3258	750	10	the	the	DET
cjal-3258	750	11	proximity	proximity	NOUN
cjal-3258	750	12	of	of	ADP
cjal-3258	750	13	the	the	DET
cjal-3258	750	14	giving	giving	NOUN
cjal-3258	750	15	to	to	ADP
cjal-3258	750	16	a	a	DET
cjal-3258	750	17	taking	taking	NOUN
cjal-3258	750	18	is	be	AUX
cjal-3258	750	19	relevant	relevant	ADJ
cjal-3258	750	20	in	in	ADP
cjal-3258	750	21	deciding	decide	VERB
cjal-3258	750	22	when	when	SCONJ
cjal-3258	750	23	and	and	CCONJ
cjal-3258	750	24	how	how	SCONJ
cjal-3258	750	25	to	to	PART
cjal-3258	750	26	assess	assess	VERB
cjal-3258	750	27	the	the	DET
cjal-3258	750	28	charges	charge	NOUN
cjal-3258	750	29	for	for	ADP
cjal-3258	750	30	the	the	DET
cjal-3258	750	31	giving	giving	NOUN
cjal-3258	750	32	.	.	PUNCT
cjal-3258	750	33	'	'	PUNCT
cjal-3258	751	1	82	82	NUM
cjal-3258	751	2	to	to	PART
cjal-3258	751	3	fully	fully	ADV
cjal-3258	751	4	capture	capture	VERB
cjal-3258	751	5	the	the	DET
cjal-3258	751	6	benefits	benefit	NOUN
cjal-3258	751	7	of	of	ADP
cjal-3258	751	8	efficiency	efficiency	NOUN
cjal-3258	751	9	and	and	CCONJ
cjal-3258	751	10	fairness	fairness	NOUN
cjal-3258	751	11	,	,	PUNCT
cjal-3258	751	12	and	and	CCONJ
cjal-3258	751	13	for	for	ADP
cjal-3258	751	14	the	the	DET
cjal-3258	751	15	prevention	prevention	NOUN
cjal-3258	751	16	of	of	ADP
cjal-3258	751	17	political	political	ADJ
cjal-3258	751	18	abuse	abuse	NOUN
cjal-3258	751	19	discussed	discuss	VERB
cjal-3258	751	20	earlier	early	ADV
cjal-3258	751	21	,	,	PUNCT
cjal-3258	751	22	it	it	PRON
cjal-3258	751	23	is	be	AUX
cjal-3258	751	24	important	important	ADJ
cjal-3258	751	25	to	to	PART
cjal-3258	751	26	assess	assess	VERB
cjal-3258	751	27	the	the	DET
cjal-3258	751	28	charge	charge	NOUN
cjal-3258	751	29	accurately	accurately	ADV
cjal-3258	751	30	to	to	PART
cjal-3258	751	31	reflect	reflect	VERB
cjal-3258	751	32	the	the	DET
cjal-3258	751	33	actual	actual	ADJ
cjal-3258	751	34	benefits	benefit	NOUN
cjal-3258	751	35	obtained	obtain	VERB
cjal-3258	751	36	.	.	PUNCT
cjal-3258	752	1	such	such	DET
cjal-3258	752	2	an	an	DET
cjal-3258	752	3	assessment	assessment	NOUN
cjal-3258	752	4	would	would	AUX
cjal-3258	752	5	necessarily	necessarily	ADV
cjal-3258	752	6	take	take	VERB
cjal-3258	752	7	into	into	ADP
cjal-3258	752	8	account	account	NOUN
cjal-3258	752	9	any	any	DET
cjal-3258	752	10	takings	taking	NOUN
cjal-3258	752	11	simultaneously	simultaneously	ADV
cjal-3258	752	12	incurred	incur	VERB
cjal-3258	752	13	by	by	ADP
cjal-3258	752	14	the	the	DET
cjal-3258	752	15	benefit	benefit	NOUN
cjal-3258	752	16	recipients	recipient	NOUN
cjal-3258	752	17	,	,	PUNCT
cjal-3258	752	18	83	83	NUM
cjal-3258	752	19	that	that	PRON
cjal-3258	752	20	is	be	AUX
cjal-3258	752	21	,	,	PUNCT
cjal-3258	752	22	the	the	DET
cjal-3258	752	23	charge	charge	NOUN
cjal-3258	752	24	imposed	impose	VERB
cjal-3258	752	25	for	for	ADP
cjal-3258	752	26	the	the	DET
cjal-3258	752	27	benefit	benefit	NOUN
cjal-3258	752	28	must	must	AUX
cjal-3258	752	29	be	be	AUX
cjal-3258	752	30	appropriately	appropriately	ADV
cjal-3258	752	31	reduced	reduce	VERB
cjal-3258	752	32	by	by	ADP
cjal-3258	752	33	the	the	DET
cjal-3258	752	34	loss	loss	NOUN
cjal-3258	752	35	arising	arise	VERB
cjal-3258	752	36	out	out	ADP
cjal-3258	752	37	of	of	ADP
cjal-3258	752	38	the	the	DET
cjal-3258	752	39	simultaneous	simultaneous	ADJ
cjal-3258	752	40	takings	taking	NOUN
cjal-3258	752	41	.	.	PUNCT
cjal-3258	752	42	'	'	PUNCT
cjal-3258	753	1	80	80	NUM
cjal-3258	753	2	i	i	PRON
cjal-3258	753	3	d.	d.	NOUN
cjal-3258	753	4	at	at	ADP
cjal-3258	753	5	596	596	NUM
cjal-3258	753	6	.	.	PUNCT
cjal-3258	754	1	181	181	NUM
cjal-3258	754	2	see	see	VERB
cjal-3258	754	3	supra	supra	PROPN
cjal-3258	754	4	part	part	PROPN
cjal-3258	754	5	ii.b	ii.b	PROPN
cjal-3258	754	6	.	.	PROPN
cjal-3258	755	1	182	182	NUM
cjal-3258	755	2	bell	bell	PROPN
cjal-3258	755	3	&	&	CCONJ
cjal-3258	755	4	parchomovsky	parchomovsky	PROPN
cjal-3258	755	5	,	,	PUNCT
cjal-3258	755	6	givings	giving	NOUN
cjal-3258	755	7	,	,	PUNCT
cjal-3258	755	8	supra	supra	PROPN
cjal-3258	755	9	note	note	NOUN
cjal-3258	755	10	6	6	NUM
cjal-3258	755	11	,	,	PUNCT
cjal-3258	755	12	at	at	ADP
cjal-3258	755	13	596	596	NUM
cjal-3258	755	14	.	.	NOUN
cjal-3258	755	15	183	183	NUM
cjal-3258	756	1	i	i	PRON
cjal-3258	756	2	d.	d.	NOUN
cjal-3258	756	3	at	at	ADP
cjal-3258	756	4	599	599	NUM
cjal-3258	756	5	.	.	PUNCT
cjal-3258	757	1	[	[	X
cjal-3258	757	2	20:1	20:1	NUM
cjal-3258	757	3	regulatory	regulatory	ADJ
cjal-3258	757	4	givings	giving	NOUN
cjal-3258	757	5	in	in	ADP
cjal-3258	757	6	china	china	PROPN
cjal-3258	757	7	we	we	PRON
cjal-3258	757	8	think	think	VERB
cjal-3258	757	9	that	that	SCONJ
cjal-3258	757	10	it	it	PRON
cjal-3258	757	11	should	should	AUX
cjal-3258	757	12	also	also	ADV
cjal-3258	757	13	take	take	VERB
cjal-3258	757	14	into	into	ADP
cjal-3258	757	15	account	account	NOUN
cjal-3258	757	16	any	any	DET
cjal-3258	757	17	closely	closely	ADV
cjal-3258	757	18	connected	connect	VERB
cjal-3258	757	19	uncompensated	uncompensated	ADJ
cjal-3258	757	20	givings	giving	NOUN
cjal-3258	757	21	or	or	CCONJ
cjal-3258	757	22	takings	taking	NOUN
cjal-3258	757	23	in	in	ADP
cjal-3258	757	24	the	the	DET
cjal-3258	757	25	past	past	NOUN
cjal-3258	757	26	.	.	PUNCT
cjal-3258	758	1	bell	bell	PROPN
cjal-3258	758	2	&	&	CCONJ
cjal-3258	758	3	parchomovsky	parchomovsky	PROPN
cjal-3258	758	4	elected	elect	VERB
cjal-3258	758	5	the	the	DET
cjal-3258	758	6	status	status	NOUN
cjal-3258	758	7	quo	quo	NOUN
cjal-3258	758	8	ante	ante	NOUN
cjal-3258	758	9	as	as	ADP
cjal-3258	758	10	the	the	DET
cjal-3258	758	11	relevant	relevant	ADJ
cjal-3258	758	12	baseline	baseline	NOUN
cjal-3258	758	13	for	for	ADP
cjal-3258	758	14	measuring	measure	VERB
cjal-3258	758	15	givings	giving	NOUN
cjal-3258	758	16	and	and	CCONJ
cjal-3258	758	17	takings	taking	NOUN
cjal-3258	758	18	,	,	PUNCT
cjal-3258	758	19	since	since	SCONJ
cjal-3258	758	20	this	this	PRON
cjal-3258	758	21	is	be	AUX
cjal-3258	758	22	the	the	DET
cjal-3258	758	23	conventionally	conventionally	ADV
cjal-3258	758	24	accepted	accept	VERB
cjal-3258	758	25	baseline	baseline	NOUN
cjal-3258	758	26	employed	employ	VERB
cjal-3258	758	27	in	in	ADP
cjal-3258	758	28	the	the	DET
cjal-3258	758	29	courts.184	courts.184	NOUN
cjal-3258	758	30	however	however	ADV
cjal-3258	758	31	,	,	PUNCT
cjal-3258	758	32	the	the	DET
cjal-3258	758	33	chinese	chinese	ADJ
cjal-3258	758	34	split	split	VERB
cjal-3258	758	35	share	share	NOUN
cjal-3258	758	36	structure	structure	NOUN
cjal-3258	758	37	scenario	scenario	NOUN
cjal-3258	758	38	underscores	underscore	VERB
cjal-3258	758	39	the	the	DET
cjal-3258	758	40	fact	fact	NOUN
cjal-3258	758	41	that	that	SCONJ
cjal-3258	758	42	the	the	DET
cjal-3258	758	43	benefits	benefit	NOUN
cjal-3258	758	44	of	of	ADP
cjal-3258	758	45	a	a	DET
cjal-3258	758	46	regulatory	regulatory	ADJ
cjal-3258	758	47	giving	giving	NOUN
cjal-3258	758	48	are	be	AUX
cjal-3258	758	49	often	often	ADV
cjal-3258	758	50	built	build	VERB
cjal-3258	758	51	on	on	ADP
cjal-3258	758	52	a	a	DET
cjal-3258	758	53	previous	previous	ADJ
cjal-3258	758	54	uncompensated	uncompensated	ADJ
cjal-3258	758	55	taking	taking	NOUN
cjal-3258	758	56	.	.	PUNCT
cjal-3258	759	1	the	the	DET
cjal-3258	759	2	trading	trading	NOUN
cjal-3258	759	3	restrictions	restriction	NOUN
cjal-3258	759	4	imposed	impose	VERB
cjal-3258	759	5	on	on	ADP
cjal-3258	759	6	the	the	DET
cjal-3258	759	7	non	non	ADJ
cjal-3258	759	8	-	-	ADJ
cjal-3258	759	9	tradable	tradable	ADJ
cjal-3258	759	10	shares	share	NOUN
cjal-3258	759	11	in	in	ADP
cjal-3258	759	12	the	the	DET
cjal-3258	759	13	early	early	ADJ
cjal-3258	759	14	nineties	ninety	NOUN
cjal-3258	759	15	can	can	AUX
cjal-3258	759	16	be	be	AUX
cjal-3258	759	17	construed	construe	VERB
cjal-3258	759	18	as	as	ADP
cjal-3258	759	19	a	a	DET
cjal-3258	759	20	regulatory	regulatory	ADJ
cjal-3258	759	21	taking	taking	NOUN
cjal-3258	759	22	of	of	ADP
cjal-3258	759	23	the	the	DET
cjal-3258	759	24	non	non	ADJ
cjal-3258	759	25	-	-	ADJ
cjal-3258	759	26	tradable	tradable	ADJ
cjal-3258	759	27	shares	share	NOUN
cjal-3258	759	28	'	'	PART
cjal-3258	759	29	trading	trading	NOUN
cjal-3258	759	30	rights	right	NOUN
cjal-3258	759	31	.	.	PUNCT
cjal-3258	760	1	as	as	ADP
cjal-3258	760	2	a	a	DET
cjal-3258	760	3	result	result	NOUN
cjal-3258	760	4	,	,	PUNCT
cjal-3258	760	5	the	the	DET
cjal-3258	760	6	non	non	ADJ
cjal-3258	760	7	-	-	ADJ
cjal-3258	760	8	tradable	tradable	ADJ
cjal-3258	760	9	shareholders	shareholder	NOUN
cjal-3258	760	10	were	be	AUX
cjal-3258	760	11	unable	unable	ADJ
cjal-3258	760	12	to	to	PART
cjal-3258	760	13	capitalize	capitalize	VERB
cjal-3258	760	14	on	on	ADP
cjal-3258	760	15	the	the	DET
cjal-3258	760	16	profit	profit	NOUN
cjal-3258	760	17	arising	arise	VERB
cjal-3258	760	18	from	from	ADP
cjal-3258	760	19	the	the	DET
cjal-3258	760	20	increase	increase	NOUN
cjal-3258	760	21	in	in	ADP
cjal-3258	760	22	share	share	NOUN
cjal-3258	760	23	prices	price	NOUN
cjal-3258	760	24	,	,	PUNCT
cjal-3258	760	25	and	and	CCONJ
cjal-3258	760	26	simultaneously	simultaneously	ADV
cjal-3258	760	27	had	have	VERB
cjal-3258	760	28	to	to	PART
cjal-3258	760	29	bear	bear	VERB
cjal-3258	760	30	all	all	DET
cjal-3258	760	31	the	the	DET
cjal-3258	760	32	risk	risk	NOUN
cjal-3258	760	33	of	of	ADP
cjal-3258	760	34	insolvency	insolvency	NOUN
cjal-3258	760	35	.	.	PUNCT
cjal-3258	761	1	this	this	PRON
cjal-3258	761	2	is	be	AUX
cjal-3258	761	3	unlike	unlike	ADP
cjal-3258	761	4	the	the	DET
cjal-3258	761	5	tradable	tradable	ADJ
cjal-3258	761	6	shareholders	shareholder	NOUN
cjal-3258	761	7	who	who	PRON
cjal-3258	761	8	could	could	AUX
cjal-3258	761	9	profit	profit	VERB
cjal-3258	761	10	by	by	ADP
cjal-3258	761	11	selling	sell	VERB
cjal-3258	761	12	when	when	SCONJ
cjal-3258	761	13	prices	price	NOUN
cjal-3258	761	14	are	be	AUX
cjal-3258	761	15	high	high	ADJ
cjal-3258	761	16	or	or	CCONJ
cjal-3258	761	17	limit	limit	VERB
cjal-3258	761	18	loss	loss	NOUN
cjal-3258	761	19	by	by	ADP
cjal-3258	761	20	selling	sell	VERB
cjal-3258	761	21	when	when	SCONJ
cjal-3258	761	22	a	a	DET
cjal-3258	761	23	threat	threat	NOUN
cjal-3258	761	24	of	of	ADP
cjal-3258	761	25	insolvency	insolvency	NOUN
cjal-3258	761	26	arises	arise	VERB
cjal-3258	761	27	.	.	PUNCT
cjal-3258	762	1	185	185	NUM
cjal-3258	762	2	similarly	similarly	ADV
cjal-3258	762	3	,	,	PUNCT
cjal-3258	762	4	a	a	DET
cjal-3258	762	5	large	large	ADJ
cjal-3258	762	6	part	part	NOUN
cjal-3258	762	7	of	of	ADP
cjal-3258	762	8	the	the	DET
cjal-3258	762	9	benefits	benefit	NOUN
cjal-3258	762	10	from	from	ADP
cjal-3258	762	11	up	up	ADP
cjal-3258	762	12	-	-	PUNCT
cjal-3258	762	13	zoning	zoning	NOUN
cjal-3258	762	14	may	may	AUX
cjal-3258	762	15	have	have	AUX
cjal-3258	762	16	arisen	arise	VERB
cjal-3258	762	17	out	out	ADP
cjal-3258	762	18	of	of	ADP
cjal-3258	762	19	a	a	DET
cjal-3258	762	20	lower	low	ADJ
cjal-3258	762	21	property	property	NOUN
cjal-3258	762	22	value	value	NOUN
cjal-3258	762	23	reduced	reduce	VERB
cjal-3258	762	24	by	by	ADP
cjal-3258	762	25	a	a	DET
cjal-3258	762	26	previous	previous	ADJ
cjal-3258	762	27	down	down	ADP
cjal-3258	762	28	-	-	PUNCT
cjal-3258	762	29	zoning	zoning	NOUN
cjal-3258	762	30	.	.	PUNCT
cjal-3258	763	1	fairness	fairness	NOUN
cjal-3258	763	2	and	and	CCONJ
cjal-3258	763	3	efficiency	efficiency	NOUN
cjal-3258	763	4	considerations	consideration	NOUN
cjal-3258	763	5	equally	equally	ADV
cjal-3258	763	6	apply	apply	VERB
cjal-3258	763	7	to	to	ADP
cjal-3258	763	8	historical	historical	ADJ
cjal-3258	763	9	takings	taking	NOUN
cjal-3258	763	10	and	and	CCONJ
cjal-3258	763	11	givings	giving	NOUN
cjal-3258	763	12	.	.	PUNCT
cjal-3258	764	1	bell	bell	PROPN
cjal-3258	764	2	&	&	CCONJ
cjal-3258	764	3	parchomovsky	parchomovsky	PROPN
cjal-3258	764	4	recognized	recognize	VERB
cjal-3258	764	5	in	in	ADP
cjal-3258	764	6	the	the	DET
cjal-3258	764	7	discussion	discussion	NOUN
cjal-3258	764	8	of	of	ADP
cjal-3258	764	9	the	the	DET
cjal-3258	764	10	first	first	ADJ
cjal-3258	764	11	criterion	criterion	NOUN
cjal-3258	764	12	that	that	PRON
cjal-3258	764	13	benefiting	benefit	VERB
cjal-3258	764	14	discrete	discrete	ADJ
cjal-3258	764	15	minority	minority	NOUN
cjal-3258	764	16	groups	group	NOUN
cjal-3258	764	17	to	to	PART
cjal-3258	764	18	compensate	compensate	VERB
cjal-3258	764	19	them	they	PRON
cjal-3258	764	20	for	for	ADP
cjal-3258	764	21	past	past	ADJ
cjal-3258	764	22	wrongs	wrong	NOUN
cjal-3258	764	23	should	should	AUX
cjal-3258	764	24	not	not	PART
cjal-3258	764	25	be	be	AUX
cjal-3258	764	26	considered	consider	VERB
cjal-3258	764	27	as	as	ADP
cjal-3258	764	28	a	a	DET
cjal-3258	764	29	benefit	benefit	NOUN
cjal-3258	764	30	conferment	conferment	NOUN
cjal-3258	764	31	,	,	PUNCT
cjal-3258	764	32	but	but	CCONJ
cjal-3258	764	33	rather	rather	ADV
cjal-3258	764	34	compensation	compensation	NOUN
cjal-3258	764	35	,	,	PUNCT
cjal-3258	764	36	in	in	ADP
cjal-3258	764	37	essence	essence	NOUN
cjal-3258	764	38	taking	take	VERB
cjal-3258	764	39	into	into	ADP
cjal-3258	764	40	account	account	NOUN
cjal-3258	764	41	past	past	ADP
cjal-3258	764	42	uncompensated	uncompensated	ADJ
cjal-3258	764	43	takings	taking	NOUN
cjal-3258	764	44	.	.	PUNCT
cjal-3258	765	1	we	we	PRON
cjal-3258	765	2	recognize	recognize	VERB
cjal-3258	765	3	that	that	SCONJ
cjal-3258	765	4	it	it	PRON
cjal-3258	765	5	is	be	AUX
cjal-3258	765	6	impractical	impractical	ADJ
cjal-3258	765	7	to	to	PART
cjal-3258	765	8	take	take	VERB
cjal-3258	765	9	into	into	ADP
cjal-3258	765	10	account	account	NOUN
cjal-3258	765	11	all	all	DET
cjal-3258	765	12	past	past	ADJ
cjal-3258	765	13	takings	taking	NOUN
cjal-3258	765	14	and	and	CCONJ
cjal-3258	765	15	givings	giving	NOUN
cjal-3258	765	16	past	past	NOUN
cjal-3258	765	17	takings	taking	NOUN
cjal-3258	765	18	and	and	CCONJ
cjal-3258	765	19	givings	giving	NOUN
cjal-3258	765	20	are	be	AUX
cjal-3258	765	21	harder	hard	ADJ
cjal-3258	765	22	to	to	PART
cjal-3258	765	23	evaluate	evaluate	VERB
cjal-3258	765	24	and	and	CCONJ
cjal-3258	765	25	determine	determine	VERB
cjal-3258	765	26	but	but	CCONJ
cjal-3258	765	27	our	our	PRON
cjal-3258	765	28	requirement	requirement	NOUN
cjal-3258	765	29	of	of	ADP
cjal-3258	765	30	being	be	AUX
cjal-3258	765	31	"	"	PUNCT
cjal-3258	765	32	closely	closely	ADV
cjal-3258	765	33	connected	connect	VERB
cjal-3258	765	34	"	"	PUNCT
cjal-3258	765	35	ensures	ensure	VERB
cjal-3258	765	36	the	the	DET
cjal-3258	765	37	practicality	practicality	NOUN
cjal-3258	765	38	of	of	ADP
cjal-3258	765	39	implementation	implementation	NOUN
cjal-3258	765	40	.	.	PUNCT
cjal-3258	766	1	thus	thus	ADV
cjal-3258	766	2	,	,	PUNCT
cjal-3258	766	3	we	we	PRON
cjal-3258	766	4	think	think	VERB
cjal-3258	766	5	that	that	SCONJ
cjal-3258	766	6	the	the	DET
cjal-3258	766	7	assessment	assessment	NOUN
cjal-3258	766	8	of	of	ADP
cjal-3258	766	9	any	any	DET
cjal-3258	766	10	charge	charge	NOUN
cjal-3258	766	11	on	on	ADP
cjal-3258	766	12	the	the	DET
cjal-3258	766	13	non	non	ADJ
cjal-3258	766	14	-	-	ADJ
cjal-3258	766	15	tradable	tradable	ADJ
cjal-3258	766	16	shareholders	shareholder	NOUN
cjal-3258	766	17	should	should	AUX
cjal-3258	766	18	properly	properly	ADV
cjal-3258	766	19	include	include	VERB
cjal-3258	766	20	the	the	DET
cjal-3258	766	21	loss	loss	NOUN
cjal-3258	766	22	suffered	suffer	VERB
cjal-3258	766	23	from	from	ADP
cjal-3258	766	24	the	the	DET
cjal-3258	766	25	initial	initial	ADJ
cjal-3258	766	26	taking	taking	NOUN
cjal-3258	766	27	of	of	ADP
cjal-3258	766	28	trading	trading	NOUN
cjal-3258	766	29	rights	right	NOUN
cjal-3258	766	30	.	.	PUNCT
cjal-3258	767	1	we	we	PRON
cjal-3258	767	2	believe	believe	VERB
cjal-3258	767	3	this	this	DET
cjal-3258	767	4	refinement	refinement	NOUN
cjal-3258	767	5	of	of	ADP
cjal-3258	767	6	the	the	DET
cjal-3258	767	7	criterion	criterion	NOUN
cjal-3258	767	8	will	will	AUX
cjal-3258	767	9	help	help	VERB
cjal-3258	767	10	improve	improve	VERB
cjal-3258	767	11	the	the	DET
cjal-3258	767	12	fairness	fairness	NOUN
cjal-3258	767	13	and	and	CCONJ
cjal-3258	767	14	efficiency	efficiency	NOUN
cjal-3258	767	15	of	of	ADP
cjal-3258	767	16	charging	charge	VERB
cjal-3258	767	17	givings	giving	NOUN
cjal-3258	767	18	.	.	PUNCT
cjal-3258	768	1	in	in	ADP
cjal-3258	768	2	some	some	DET
cjal-3258	768	3	cases	case	NOUN
cjal-3258	768	4	,	,	PUNCT
cjal-3258	768	5	the	the	DET
cjal-3258	768	6	taking	taking	NOUN
cjal-3258	768	7	or	or	CCONJ
cjal-3258	768	8	giving	giving	NOUN
cjal-3258	768	9	may	may	AUX
cjal-3258	768	10	be	be	AUX
cjal-3258	768	11	so	so	ADV
cjal-3258	768	12	intimately	intimately	ADV
cjal-3258	768	13	linked	link	VERB
cjal-3258	768	14	that	that	SCONJ
cjal-3258	768	15	it	it	PRON
cjal-3258	768	16	is	be	AUX
cjal-3258	768	17	both	both	PRON
cjal-3258	768	18	a	a	DET
cjal-3258	768	19	requirement	requirement	NOUN
cjal-3258	768	20	of	of	ADP
cjal-3258	768	21	efficiency	efficiency	NOUN
cjal-3258	768	22	principles	principle	NOUN
cjal-3258	768	23	and	and	CCONJ
cjal-3258	768	24	a	a	DET
cjal-3258	768	25	demand	demand	NOUN
cjal-3258	768	26	of	of	ADP
cjal-3258	768	27	corrective	corrective	ADJ
cjal-3258	768	28	justice	justice	NOUN
cjal-3258	768	29	that	that	SCONJ
cjal-3258	768	30	the	the	DET
cjal-3258	768	31	compensation	compensation	NOUN
cjal-3258	768	32	or	or	CCONJ
cjal-3258	768	33	charge	charge	NOUN
cjal-3258	768	34	should	should	AUX
cjal-3258	768	35	be	be	AUX
cjal-3258	768	36	made	make	VERB
cjal-3258	768	37	directlybetween	directlybetween	VERB
cjal-3258	768	38	the	the	DET
cjal-3258	768	39	parties	party	NOUN
cjal-3258	768	40	.	.	PUNCT
cjal-3258	769	1	186	186	NUM
cjal-3258	769	2	for	for	ADP
cjal-3258	769	3	practical	practical	ADJ
cjal-3258	769	4	purposes	purpose	NOUN
cjal-3258	769	5	,	,	PUNCT
cjal-3258	769	6	the	the	DET
cjal-3258	769	7	number	number	NOUN
cjal-3258	769	8	of	of	ADP
cjal-3258	769	9	giving	give	VERB
cjal-3258	769	10	beneficiaries	beneficiary	NOUN
cjal-3258	769	11	or	or	CCONJ
cjal-3258	769	12	taking	take	VERB
cjal-3258	769	13	victims	victim	NOUN
cjal-3258	769	14	must	must	AUX
cjal-3258	769	15	be	be	AUX
cjal-3258	769	16	sufficiently	sufficiently	ADV
cjal-3258	769	17	small	small	ADJ
cjal-3258	769	18	and	and	CCONJ
cjal-3258	769	19	readily	readily	ADV
cjal-3258	769	20	identifiable	identifiable	ADJ
cjal-3258	769	21	as	as	ADP
cjal-3258	769	22	a	a	DET
cjal-3258	769	23	group	group	NOUN
cjal-3258	769	24	,	,	PUNCT
cjal-3258	769	25	and	and	CCONJ
cjal-3258	769	26	the	the	DET
cjal-3258	769	27	giving	giving	NOUN
cjal-3258	769	28	or	or	CCONJ
cjal-3258	769	29	taking	taking	NOUN
cjal-3258	769	30	must	must	AUX
cjal-3258	769	31	also	also	ADV
cjal-3258	769	32	be	be	AUX
cjal-3258	769	33	sufficiently	sufficiently	ADV
cjal-3258	769	34	measurable	measurable	ADJ
cjal-3258	769	35	.	.	PUNCT
cjal-3258	769	36	'	'	PUNCT
cjal-3258	770	1	87	87	NUM
cjal-3258	770	2	under	under	ADP
cjal-3258	770	3	such	such	ADJ
cjal-3258	770	4	circumstances	circumstance	NOUN
cjal-3258	770	5	,	,	PUNCT
cjal-3258	770	6	the	the	DET
cjal-3258	770	7	direct	direct	ADJ
cjal-3258	770	8	assessment	assessment	NOUN
cjal-3258	770	9	of	of	ADP
cjal-3258	770	10	charge	charge	NOUN
cjal-3258	770	11	and	and	CCONJ
cjal-3258	770	12	compensation	compensation	NOUN
cjal-3258	770	13	between	between	ADP
cjal-3258	770	14	the	the	DET
cjal-3258	770	15	two	two	NUM
cjal-3258	770	16	parties	party	NOUN
cjal-3258	770	17	will	will	AUX
cjal-3258	770	18	not	not	PART
cjal-3258	770	19	only	only	ADV
cjal-3258	770	20	reduce	reduce	VERB
cjal-3258	770	21	4	4	NUM
cjal-3258	770	22	i	i	PROPN
cjal-3258	770	23	d.	d.	PROPN
cjal-3258	770	24	at	at	ADP
cjal-3258	770	25	613	613	NUM
cjal-3258	770	26	.	.	SYM
cjal-3258	770	27	185	185	NUM
cjal-3258	770	28	huang	huang	PROPN
cjal-3258	770	29	,	,	PUNCT
cjal-3258	770	30	supra	supra	PROPN
cjal-3258	770	31	note	note	PROPN
cjal-3258	770	32	19	19	NUM
cjal-3258	770	33	,	,	PUNCT
cjal-3258	770	34	at	at	ADP
cjal-3258	770	35	172	172	NUM
cjal-3258	770	36	.	.	PUNCT
cjal-3258	770	37	116	116	NUM
cjal-3258	770	38	bell	bell	PROPN
cjal-3258	770	39	&	&	CCONJ
cjal-3258	770	40	parchomovsky	parchomovsky	PROPN
cjal-3258	770	41	,	,	PUNCT
cjal-3258	770	42	givings	giving	NOUN
cjal-3258	770	43	,	,	PUNCT
cjal-3258	770	44	supra	supra	PROPN
cjal-3258	770	45	note	note	NOUN
cjal-3258	770	46	6	6	NUM
cjal-3258	770	47	,	,	PUNCT
cjal-3258	770	48	at	at	ADP
cjal-3258	770	49	601	601	NUM
cjal-3258	770	50	.	.	NOUN
cjal-3258	770	51	187	187	NUM
cjal-3258	771	1	i	i	PRON
cjal-3258	771	2	d.	d.	PROPN
cjal-3258	771	3	2006	2006	NUM
cjal-3258	771	4	]	]	PUNCT
cjal-3258	771	5	335	335	NUM
cjal-3258	771	6	columbia	columbia	PROPN
cjal-3258	771	7	journal	journal	PROPN
cjal-3258	771	8	of	of	ADP
cjal-3258	771	9	asian	asian	ADJ
cjal-3258	771	10	law	law	NOUN
cjal-3258	771	11	transaction	transaction	NOUN
cjal-3258	771	12	costs	cost	NOUN
cjal-3258	771	13	by	by	ADP
cjal-3258	771	14	doing	do	VERB
cjal-3258	771	15	away	away	ADV
cjal-3258	771	16	with	with	ADP
cjal-3258	771	17	the	the	DET
cjal-3258	771	18	largely	largely	ADV
cjal-3258	771	19	unnecessary	unnecessary	ADJ
cjal-3258	771	20	intermediary	intermediary	ADJ
cjal-3258	771	21	role	role	NOUN
cjal-3258	771	22	of	of	ADP
cjal-3258	771	23	the	the	DET
cjal-3258	771	24	government	government	NOUN
cjal-3258	771	25	,	,	PUNCT
cjal-3258	771	26	but	but	CCONJ
cjal-3258	771	27	will	will	AUX
cjal-3258	771	28	also	also	ADV
cjal-3258	771	29	ensure	ensure	VERB
cjal-3258	771	30	those	those	PRON
cjal-3258	771	31	who	who	PRON
cjal-3258	771	32	suffered	suffer	VERB
cjal-3258	771	33	losses	loss	NOUN
cjal-3258	771	34	are	be	AUX
cjal-3258	771	35	compensated	compensate	VERB
cjal-3258	771	36	by	by	ADP
cjal-3258	771	37	those	those	PRON
cjal-3258	771	38	who	who	PRON
cjal-3258	771	39	caused	cause	VERB
cjal-3258	771	40	them	they	PRON
cjal-3258	771	41	.	.	PUNCT
cjal-3258	771	42	'	'	PUNCT
cjal-3258	772	1	88	88	NUM
cjal-3258	772	2	in	in	ADP
cjal-3258	772	3	our	our	PRON
cjal-3258	772	4	chinese	chinese	ADJ
cjal-3258	772	5	scenario	scenario	NOUN
cjal-3258	772	6	,	,	PUNCT
cjal-3258	772	7	a	a	DET
cjal-3258	772	8	regulatory	regulatory	ADJ
cjal-3258	772	9	giving	giving	NOUN
cjal-3258	772	10	to	to	ADP
cjal-3258	772	11	the	the	DET
cjal-3258	772	12	non	non	ADJ
cjal-3258	772	13	-	-	ADJ
cjal-3258	772	14	tradable	tradable	ADJ
cjal-3258	772	15	shareholders	shareholder	NOUN
cjal-3258	772	16	and	and	CCONJ
cjal-3258	772	17	the	the	DET
cjal-3258	772	18	consequential	consequential	NOUN
cjal-3258	772	19	taking	taking	NOUN
cjal-3258	772	20	from	from	ADP
cjal-3258	772	21	the	the	DET
cjal-3258	772	22	tradable	tradable	ADJ
cjal-3258	772	23	shareholders	shareholder	NOUN
cjal-3258	772	24	are	be	AUX
cjal-3258	772	25	inextricably	inextricably	ADV
cjal-3258	772	26	linked	link	VERB
cjal-3258	772	27	.	.	PUNCT
cjal-3258	773	1	both	both	DET
cjal-3258	773	2	parties	party	NOUN
cjal-3258	773	3	are	be	AUX
cjal-3258	773	4	also	also	ADV
cjal-3258	773	5	sufficiently	sufficiently	ADV
cjal-3258	773	6	and	and	CCONJ
cjal-3258	773	7	readily	readily	ADV
cjal-3258	773	8	identifiable	identifiable	ADJ
cjal-3258	773	9	as	as	ADP
cjal-3258	773	10	a	a	DET
cjal-3258	773	11	group	group	NOUN
cjal-3258	773	12	while	while	SCONJ
cjal-3258	773	13	the	the	DET
cjal-3258	773	14	giving	giving	NOUN
cjal-3258	773	15	or	or	CCONJ
cjal-3258	773	16	taking	taking	NOUN
cjal-3258	773	17	is	be	AUX
cjal-3258	773	18	sufficiently	sufficiently	ADV
cjal-3258	773	19	measurable	measurable	ADJ
cjal-3258	773	20	by	by	ADP
cjal-3258	773	21	the	the	DET
cjal-3258	773	22	changes	change	NOUN
cjal-3258	773	23	in	in	ADP
cjal-3258	773	24	share	share	NOUN
cjal-3258	773	25	value	value	NOUN
cjal-3258	773	26	.	.	PUNCT
cjal-3258	774	1	hence	hence	ADV
cjal-3258	774	2	,	,	PUNCT
cjal-3258	774	3	by	by	ADP
cjal-3258	774	4	requiring	require	VERB
cjal-3258	774	5	the	the	DET
cjal-3258	774	6	non	non	ADJ
cjal-3258	774	7	-	-	ADJ
cjal-3258	774	8	tradable	tradable	ADJ
cjal-3258	774	9	shareholders	shareholder	NOUN
cjal-3258	774	10	to	to	PART
cjal-3258	774	11	bargain	bargain	VERB
cjal-3258	774	12	for	for	ADP
cjal-3258	774	13	the	the	DET
cjal-3258	774	14	trading	trading	NOUN
cjal-3258	774	15	right	right	ADV
cjal-3258	774	16	from	from	ADP
cjal-3258	774	17	the	the	DET
cjal-3258	774	18	tradable	tradable	ADJ
cjal-3258	774	19	shareholders	shareholder	NOUN
cjal-3258	774	20	,	,	PUNCT
cjal-3258	774	21	china	china	PROPN
cjal-3258	774	22	'	'	PART
cjal-3258	774	23	reform	reform	NOUN
cjal-3258	774	24	fits	fit	VERB
cjal-3258	774	25	this	this	DET
cjal-3258	774	26	criterion	criterion	NOUN
cjal-3258	774	27	.	.	PUNCT
cjal-3258	775	1	nonetheless	nonetheless	ADV
cjal-3258	775	2	,	,	PUNCT
cjal-3258	775	3	as	as	SCONJ
cjal-3258	775	4	discussed	discuss	VERB
cjal-3258	775	5	in	in	ADP
cjal-3258	775	6	part	part	NOUN
cjal-3258	775	7	vi	vi	PROPN
cjal-3258	775	8	,	,	PUNCT
cjal-3258	775	9	government	government	NOUN
cjal-3258	775	10	intervention	intervention	NOUN
cjal-3258	775	11	into	into	ADP
cjal-3258	775	12	the	the	DET
cjal-3258	775	13	private	private	ADJ
cjal-3258	775	14	assessment	assessment	NOUN
cjal-3258	775	15	between	between	ADP
cjal-3258	775	16	the	the	DET
cjal-3258	775	17	two	two	NUM
cjal-3258	775	18	parties	party	NOUN
cjal-3258	775	19	is	be	AUX
cjal-3258	775	20	still	still	ADV
cjal-3258	775	21	necessary	necessary	ADJ
cjal-3258	775	22	to	to	PART
cjal-3258	775	23	ensure	ensure	VERB
cjal-3258	775	24	efficiency	efficiency	NOUN
cjal-3258	775	25	and	and	CCONJ
cjal-3258	775	26	to	to	PART
cjal-3258	775	27	reduce	reduce	VERB
cjal-3258	775	28	risks	risk	NOUN
cjal-3258	775	29	of	of	ADP
cjal-3258	775	30	overand	overand	PROPN
cjal-3258	775	31	under	under	NOUN
cjal-3258	775	32	-	-	PUNCT
cjal-3258	775	33	compensation	compensation	NOUN
cjal-3258	775	34	.	.	PUNCT
cjal-3258	776	1	4	4	X
cjal-3258	776	2	.	.	X
cjal-3258	776	3	refusability	refusability	NOUN
cjal-3258	776	4	of	of	ADP
cjal-3258	776	5	the	the	DET
cjal-3258	776	6	benefits	benefit	NOUN
cjal-3258	776	7	it	it	PRON
cjal-3258	776	8	is	be	AUX
cjal-3258	776	9	a	a	DET
cjal-3258	776	10	straightforward	straightforward	ADJ
cjal-3258	776	11	and	and	CCONJ
cjal-3258	776	12	commonly	commonly	ADV
cjal-3258	776	13	accepted	accept	VERB
cjal-3258	776	14	principle	principle	NOUN
cjal-3258	776	15	of	of	ADP
cjal-3258	776	16	law	law	NOUN
cjal-3258	776	17	that	that	PRON
cjal-3258	776	18	one	one	PRON
cjal-3258	776	19	should	should	AUX
cjal-3258	776	20	not	not	PART
cjal-3258	776	21	be	be	AUX
cjal-3258	776	22	forced	force	VERB
cjal-3258	776	23	to	to	PART
cjal-3258	776	24	accept	accept	VERB
cjal-3258	776	25	benefits	benefit	NOUN
cjal-3258	776	26	against	against	ADP
cjal-3258	776	27	their	their	PRON
cjal-3258	776	28	will	will	NOUN
cjal-3258	776	29	.	.	PUNCT
cjal-3258	777	1	89	89	NUM
cjal-3258	778	1	thus	thus	ADV
cjal-3258	778	2	,	,	PUNCT
cjal-3258	778	3	the	the	DET
cjal-3258	778	4	recipients	recipient	NOUN
cjal-3258	778	5	of	of	ADP
cjal-3258	778	6	givings	giving	NOUN
cjal-3258	778	7	have	have	VERB
cjal-3258	778	8	to	to	PART
cjal-3258	778	9	accept	accept	VERB
cjal-3258	778	10	the	the	DET
cjal-3258	778	11	benefits	benefit	NOUN
cjal-3258	778	12	voluntarily	voluntarily	ADV
cjal-3258	778	13	to	to	PART
cjal-3258	778	14	be	be	AUX
cjal-3258	778	15	charged	charge	VERB
cjal-3258	778	16	for	for	ADP
cjal-3258	778	17	them	they	PRON
cjal-3258	778	18	;	;	PUNCT
cjal-3258	778	19	if	if	SCONJ
cjal-3258	778	20	the	the	DET
cjal-3258	778	21	givings	giving	NOUN
cjal-3258	778	22	can	can	AUX
cjal-3258	778	23	not	not	PART
cjal-3258	778	24	be	be	AUX
cjal-3258	778	25	refused	refuse	VERB
cjal-3258	778	26	,	,	PUNCT
cjal-3258	778	27	there	there	PRON
cjal-3258	778	28	should	should	AUX
cjal-3258	778	29	be	be	AUX
cjal-3258	778	30	no	no	DET
cjal-3258	778	31	charge	charge	NOUN
cjal-3258	778	32	until	until	ADP
cjal-3258	778	33	the	the	DET
cjal-3258	778	34	realization	realization	NOUN
cjal-3258	778	35	of	of	ADP
cjal-3258	778	36	the	the	DET
cjal-3258	778	37	benefit	benefit	NOUN
cjal-3258	778	38	.	.	PUNCT
cjal-3258	779	1	190	190	NUM
cjal-3258	779	2	the	the	DET
cjal-3258	779	3	chinese	chinese	ADJ
cjal-3258	779	4	reform	reform	NOUN
cjal-3258	779	5	measures	measure	NOUN
cjal-3258	779	6	fit	fit	VERB
cjal-3258	779	7	this	this	DET
cjal-3258	779	8	criterion	criterion	NOUN
cjal-3258	779	9	as	as	ADV
cjal-3258	779	10	well	well	ADV
cjal-3258	779	11	.	.	PUNCT
cjal-3258	780	1	the	the	DET
cjal-3258	780	2	non	non	ADJ
cjal-3258	780	3	-	-	ADJ
cjal-3258	780	4	tradable	tradable	ADJ
cjal-3258	780	5	shareholders	shareholder	NOUN
cjal-3258	780	6	need	need	VERB
cjal-3258	780	7	to	to	PART
cjal-3258	780	8	bargain	bargain	VERB
cjal-3258	780	9	with	with	ADP
cjal-3258	780	10	tradable	tradable	ADJ
cjal-3258	780	11	shareholders	shareholder	NOUN
cjal-3258	780	12	and	and	CCONJ
cjal-3258	780	13	pay	pay	VERB
cjal-3258	780	14	the	the	DET
cjal-3258	780	15	necessary	necessary	ADJ
cjal-3258	780	16	compensation	compensation	NOUN
cjal-3258	780	17	only	only	ADV
cjal-3258	780	18	if	if	SCONJ
cjal-3258	780	19	they	they	PRON
cjal-3258	780	20	want	want	VERB
cjal-3258	780	21	to	to	PART
cjal-3258	780	22	enjoy	enjoy	VERB
cjal-3258	780	23	the	the	DET
cjal-3258	780	24	previously	previously	ADV
cjal-3258	780	25	prohibited	prohibit	VERB
cjal-3258	780	26	right	right	NOUN
cjal-3258	780	27	to	to	AUX
cjal-3258	780	28	trade	trade	VERB
cjal-3258	780	29	.	.	PUNCT
cjal-3258	781	1	otherwise	otherwise	ADV
cjal-3258	781	2	,	,	PUNCT
cjal-3258	781	3	the	the	DET
cjal-3258	781	4	status	status	NOUN
cjal-3258	781	5	quo	quo	NOUN
cjal-3258	781	6	is	be	AUX
cjal-3258	781	7	maintained	maintain	VERB
cjal-3258	781	8	as	as	SCONJ
cjal-3258	781	9	non	non	ADJ
cjal-3258	781	10	-	-	ADJ
cjal-3258	781	11	tradable	tradable	ADJ
cjal-3258	781	12	shares	share	NOUN
cjal-3258	781	13	remain	remain	VERB
cjal-3258	781	14	not	not	PART
cjal-3258	781	15	tradable	tradable	ADJ
cjal-3258	781	16	.	.	PUNCT
cjal-3258	782	1	in	in	ADP
cjal-3258	782	2	summary	summary	NOUN
cjal-3258	782	3	,	,	PUNCT
cjal-3258	782	4	we	we	PRON
cjal-3258	782	5	have	have	AUX
cjal-3258	782	6	shown	show	VERB
cjal-3258	782	7	that	that	SCONJ
cjal-3258	782	8	a	a	DET
cjal-3258	782	9	charge	charge	NOUN
cjal-3258	782	10	should	should	AUX
cjal-3258	782	11	be	be	AUX
cjal-3258	782	12	imposed	impose	VERB
cjal-3258	782	13	on	on	ADP
cjal-3258	782	14	the	the	DET
cjal-3258	782	15	non	non	ADJ
cjal-3258	782	16	-	-	ADJ
cjal-3258	782	17	tradable	tradable	ADJ
cjal-3258	782	18	shareholders	shareholder	NOUN
cjal-3258	782	19	for	for	ADP
cjal-3258	782	20	the	the	DET
cjal-3258	782	21	granting	granting	NOUN
cjal-3258	782	22	of	of	ADP
cjal-3258	782	23	trading	trading	NOUN
cjal-3258	782	24	rights	right	NOUN
cjal-3258	782	25	.	.	PUNCT
cjal-3258	783	1	our	our	PRON
cjal-3258	783	2	chinese	chinese	ADJ
cjal-3258	783	3	split	split	ADJ
cjal-3258	783	4	share	share	NOUN
cjal-3258	783	5	scenario	scenario	NOUN
cjal-3258	783	6	satisfies	satisfy	VERB
cjal-3258	783	7	the	the	DET
cjal-3258	783	8	first	first	ADJ
cjal-3258	783	9	and	and	CCONJ
cjal-3258	783	10	second	second	ADJ
cjal-3258	783	11	criteria	criterion	NOUN
cjal-3258	783	12	.	.	PUNCT
cjal-3258	784	1	in	in	ADP
cjal-3258	784	2	addition	addition	NOUN
cjal-3258	784	3	,	,	PUNCT
cjal-3258	784	4	the	the	DET
cjal-3258	784	5	close	close	ADJ
cjal-3258	784	6	proximity	proximity	NOUN
cjal-3258	784	7	of	of	ADP
cjal-3258	784	8	regulatory	regulatory	ADJ
cjal-3258	784	9	giving	giving	NOUN
cjal-3258	784	10	and	and	CCONJ
cjal-3258	784	11	derivatives	derivative	NOUN
cjal-3258	784	12	taking	take	VERB
cjal-3258	784	13	shows	show	VERB
cjal-3258	784	14	the	the	DET
cjal-3258	784	15	chinese	chinese	ADJ
cjal-3258	784	16	regulatory	regulatory	ADJ
cjal-3258	784	17	authorities	authority	NOUN
cjal-3258	784	18	are	be	AUX
cjal-3258	784	19	correct	correct	ADJ
cjal-3258	784	20	by	by	ADP
cjal-3258	784	21	requiring	require	VERB
cjal-3258	784	22	the	the	DET
cjal-3258	784	23	nontradable	nontradable	ADJ
cjal-3258	784	24	shareholders	shareholder	NOUN
cjal-3258	784	25	as	as	ADP
cjal-3258	784	26	benefit	benefit	NOUN
cjal-3258	784	27	recipients	recipient	NOUN
cjal-3258	784	28	to	to	PART
cjal-3258	784	29	directly	directly	ADV
cjal-3258	784	30	pay	pay	VERB
cjal-3258	784	31	the	the	DET
cjal-3258	784	32	tradable	tradable	ADJ
cjal-3258	784	33	shareholders	shareholder	NOUN
cjal-3258	784	34	,	,	PUNCT
cjal-3258	784	35	who	who	PRON
cjal-3258	784	36	are	be	AUX
cjal-3258	784	37	the	the	DET
cjal-3258	784	38	derivative	derivative	ADJ
cjal-3258	784	39	takings	taking	NOUN
cjal-3258	784	40	victims	victim	NOUN
cjal-3258	784	41	.	.	PUNCT
cjal-3258	785	1	the	the	DET
cjal-3258	785	2	non	non	ADJ
cjal-3258	785	3	-	-	ADJ
cjal-3258	785	4	tradable	tradable	ADJ
cjal-3258	785	5	shareholders	shareholder	NOUN
cjal-3258	785	6	are	be	AUX
cjal-3258	785	7	also	also	ADV
cjal-3258	785	8	only	only	ADV
cjal-3258	785	9	charged	charge	VERB
cjal-3258	785	10	for	for	ADP
cjal-3258	785	11	the	the	DET
cjal-3258	785	12	trading	trading	NOUN
cjal-3258	785	13	right	right	ADV
cjal-3258	785	14	when	when	SCONJ
cjal-3258	785	15	they	they	PRON
cjal-3258	785	16	choose	choose	VERB
cjal-3258	785	17	to	to	PART
cjal-3258	785	18	accept	accept	VERB
cjal-3258	785	19	it	it	PRON
cjal-3258	785	20	,	,	PUNCT
cjal-3258	785	21	satisfying	satisfy	VERB
cjal-3258	785	22	the	the	DET
cjal-3258	785	23	fourth	fourth	ADJ
cjal-3258	785	24	criterion	criterion	NOUN
cjal-3258	785	25	.	.	PUNCT
cjal-3258	786	1	unlikely	unlikely	ADJ
cjal-3258	786	2	as	as	SCONJ
cjal-3258	786	3	it	it	PRON
cjal-3258	786	4	may	may	AUX
cjal-3258	786	5	seem	seem	VERB
cjal-3258	786	6	,	,	PUNCT
cjal-3258	786	7	the	the	DET
cjal-3258	786	8	givings	giving	NOUN
cjal-3258	786	9	doctrine	doctrine	NOUN
cjal-3258	786	10	born	bear	VERB
cjal-3258	786	11	only	only	ADV
cjal-3258	786	12	recently	recently	ADV
cjal-3258	786	13	on	on	ADP
cjal-3258	786	14	the	the	DET
cjal-3258	786	15	other	other	ADJ
cjal-3258	786	16	side	side	NOUN
cjal-3258	786	17	of	of	ADP
cjal-3258	786	18	the	the	DET
cjal-3258	786	19	pacific	pacific	PROPN
cjal-3258	786	20	ocean	ocean	PROPN
cjal-3258	786	21	provides	provide	VERB
cjal-3258	786	22	doctrinal	doctrinal	ADJ
cjal-3258	786	23	support	support	NOUN
cjal-3258	786	24	for	for	ADP
cjal-3258	786	25	the	the	DET
cjal-3258	786	26	chinese	chinese	ADJ
cjal-3258	786	27	reform	reform	NOUN
cjal-3258	786	28	.	.	PUNCT
cjal-3258	787	1	188	188	NUM
cjal-3258	787	2	i	i	PRON
cjal-3258	787	3	d.	d.	PROPN
cjal-3258	787	4	at	at	ADP
cjal-3258	787	5	600	600	NUM
cjal-3258	787	6	.	.	PUNCT
cjal-3258	787	7	189	189	NUM
cjal-3258	788	1	i	i	PRON
cjal-3258	788	2	d.	d.	PROPN
cjal-3258	788	3	at	at	ADP
cjal-3258	788	4	601	601	NUM
cjal-3258	788	5	.	.	NOUN
cjal-3258	789	1	190	190	NUM
cjal-3258	790	1	i	i	PROPN
cjal-3258	790	2	d.	d.	PROPN
cjal-3258	790	3	at	at	ADP
cjal-3258	790	4	603	603	NUM
cjal-3258	790	5	.	.	PUNCT
cjal-3258	790	6	336	336	NUM
cjal-3258	791	1	[	[	X
cjal-3258	791	2	20:1	20:1	NUM
cjal-3258	791	3	regulatory	regulatory	ADJ
cjal-3258	791	4	givings	giving	NOUN
cjal-3258	791	5	in	in	ADP
cjal-3258	791	6	china	china	PROPN
cjal-3258	791	7	v.	v.	ADP
cjal-3258	791	8	economic	economic	ADJ
cjal-3258	791	9	analysis	analysis	NOUN
cjal-3258	791	10	of	of	ADP
cjal-3258	791	11	the	the	DET
cjal-3258	791	12	chinese	chinese	ADJ
cjal-3258	791	13	reform	reform	NOUN
cjal-3258	791	14	we	we	PRON
cjal-3258	791	15	have	have	AUX
cjal-3258	791	16	shown	show	VERB
cjal-3258	791	17	that	that	SCONJ
cjal-3258	791	18	by	by	ADP
cjal-3258	791	19	virtue	virtue	NOUN
cjal-3258	791	20	of	of	ADP
cjal-3258	791	21	the	the	DET
cjal-3258	791	22	givings	giving	NOUN
cjal-3258	791	23	doctrine	doctrine	VERB
cjal-3258	791	24	it	it	PRON
cjal-3258	791	25	is	be	AUX
cjal-3258	791	26	legally	legally	ADV
cjal-3258	791	27	sound	sound	ADJ
cjal-3258	791	28	for	for	SCONJ
cjal-3258	791	29	the	the	DET
cjal-3258	791	30	non	non	ADJ
cjal-3258	791	31	-	-	ADJ
cjal-3258	791	32	tradable	tradable	ADJ
cjal-3258	791	33	shareholders	shareholder	NOUN
cjal-3258	791	34	to	to	PART
cjal-3258	791	35	directly	directly	ADV
cjal-3258	791	36	compensate	compensate	VERB
cjal-3258	791	37	the	the	DET
cjal-3258	791	38	tradable	tradable	ADJ
cjal-3258	791	39	shareholders	shareholder	NOUN
cjal-3258	791	40	for	for	ADP
cjal-3258	791	41	being	be	AUX
cjal-3258	791	42	able	able	ADJ
cjal-3258	791	43	to	to	PART
cjal-3258	791	44	trade	trade	VERB
cjal-3258	791	45	non	non	ADJ
cjal-3258	791	46	-	-	ADJ
cjal-3258	791	47	tradable	tradable	ADJ
cjal-3258	791	48	shares	share	NOUN
cjal-3258	791	49	.	.	PUNCT
cjal-3258	792	1	we	we	PRON
cjal-3258	792	2	now	now	ADV
cjal-3258	792	3	proceed	proceed	VERB
cjal-3258	792	4	to	to	PART
cjal-3258	792	5	evaluate	evaluate	VERB
cjal-3258	792	6	the	the	DET
cjal-3258	792	7	implemented	implement	VERB
cjal-3258	792	8	reform	reform	NOUN
cjal-3258	792	9	measures	measure	NOUN
cjal-3258	792	10	using	use	VERB
cjal-3258	792	11	economic	economic	ADJ
cjal-3258	792	12	analysis	analysis	NOUN
cjal-3258	792	13	.	.	PUNCT
cjal-3258	793	1	two	two	NUM
cjal-3258	793	2	features	feature	NOUN
cjal-3258	793	3	of	of	ADP
cjal-3258	793	4	the	the	DET
cjal-3258	793	5	implemented	implement	VERB
cjal-3258	793	6	reform	reform	NOUN
cjal-3258	793	7	stand	stand	VERB
cjal-3258	793	8	out	out	ADP
cjal-3258	793	9	and	and	CCONJ
cjal-3258	793	10	merit	merit	NOUN
cjal-3258	793	11	discussion	discussion	NOUN
cjal-3258	793	12	.	.	PUNCT
cjal-3258	794	1	first	first	ADV
cjal-3258	794	2	,	,	PUNCT
cjal-3258	794	3	the	the	DET
cjal-3258	794	4	tradable	tradable	ADJ
cjal-3258	794	5	shareholders	shareholder	NOUN
cjal-3258	794	6	are	be	AUX
cjal-3258	794	7	given	give	VERB
cjal-3258	794	8	a	a	DET
cjal-3258	794	9	right	right	NOUN
cjal-3258	794	10	under	under	ADP
cjal-3258	794	11	the	the	DET
cjal-3258	794	12	property	property	NOUN
cjal-3258	794	13	rule	rule	NOUN
cjal-3258	794	14	as	as	SCONJ
cjal-3258	794	15	opposed	oppose	VERB
cjal-3258	794	16	to	to	ADP
cjal-3258	794	17	a	a	DET
cjal-3258	794	18	liability	liability	NOUN
cjal-3258	794	19	rule	rule	NOUN
cjal-3258	794	20	.	.	PUNCT
cjal-3258	795	1	second	second	ADJ
cjal-3258	795	2	,	,	PUNCT
cjal-3258	795	3	the	the	DET
cjal-3258	795	4	reform	reform	NOUN
cjal-3258	795	5	process	process	NOUN
cjal-3258	795	6	is	be	AUX
cjal-3258	795	7	privatized	privatize	VERB
cjal-3258	795	8	as	as	ADP
cjal-3258	795	9	opposed	oppose	VERB
cjal-3258	795	10	to	to	ADP
cjal-3258	795	11	being	be	AUX
cjal-3258	795	12	administered	administer	VERB
cjal-3258	795	13	by	by	ADP
cjal-3258	795	14	the	the	DET
cjal-3258	795	15	state	state	NOUN
cjal-3258	795	16	.	.	PUNCT
cjal-3258	796	1	we	we	PRON
cjal-3258	796	2	analyze	analyze	VERB
cjal-3258	796	3	the	the	DET
cjal-3258	796	4	merits	merit	NOUN
cjal-3258	796	5	and	and	CCONJ
cjal-3258	796	6	limitations	limitation	NOUN
cjal-3258	796	7	of	of	ADP
cjal-3258	796	8	these	these	DET
cjal-3258	796	9	choices	choice	NOUN
cjal-3258	796	10	made	make	VERB
cjal-3258	796	11	under	under	ADP
cjal-3258	796	12	the	the	DET
cjal-3258	796	13	implemented	implement	VERB
cjal-3258	796	14	reform	reform	NOUN
cjal-3258	796	15	against	against	ADP
cjal-3258	796	16	their	their	PRON
cjal-3258	796	17	alternatives	alternative	NOUN
cjal-3258	796	18	.	.	PUNCT
cjal-3258	797	1	a.	a.	NOUN
cjal-3258	797	2	property	property	NOUN
cjal-3258	797	3	rule	rule	NOUN
cjal-3258	797	4	vs.	vs.	ADP
cjal-3258	797	5	liability	liability	NOUN
cjal-3258	797	6	rule	rule	NOUN
cjal-3258	797	7	vs.	vs.	ADP
cjal-3258	797	8	mandatory	mandatory	ADJ
cjal-3258	797	9	transfer	transfer	NOUN
cjal-3258	797	10	rule	rule	NOUN
cjal-3258	797	11	the	the	DET
cjal-3258	797	12	property	property	NOUN
cjal-3258	797	13	rule	rule	NOUN
cjal-3258	797	14	-	-	PUNCT
cjal-3258	797	15	liability	liability	NOUN
cjal-3258	797	16	rule	rule	NOUN
cjal-3258	797	17	dichotomy	dichotomy	NOUN
cjal-3258	797	18	,	,	PUNCT
cjal-3258	797	19	first	first	ADV
cjal-3258	797	20	articulated	articulate	VERB
cjal-3258	797	21	by	by	ADP
cjal-3258	797	22	guido	guido	NOUN
cjal-3258	797	23	calabresi	calabresi	NOUN
cjal-3258	797	24	and	and	CCONJ
cjal-3258	797	25	a.	a.	PROPN
cjal-3258	797	26	douglas	douglas	PROPN
cjal-3258	797	27	melamed	melamed	PROPN
cjal-3258	797	28	'	'	PART
cjal-3258	797	29	91	91	NUM
cjal-3258	797	30	provides	provide	VERB
cjal-3258	797	31	a	a	DET
cjal-3258	797	32	useful	useful	ADJ
cjal-3258	797	33	tool	tool	NOUN
cjal-3258	797	34	of	of	ADP
cjal-3258	797	35	economic	economic	ADJ
cjal-3258	797	36	analysis	analysis	NOUN
cjal-3258	797	37	.	.	PUNCT
cjal-3258	798	1	under	under	ADP
cjal-3258	798	2	the	the	DET
cjal-3258	798	3	property	property	NOUN
cjal-3258	798	4	rule	rule	NOUN
cjal-3258	798	5	,	,	PUNCT
cjal-3258	798	6	an	an	DET
cjal-3258	798	7	entitlement	entitlement	NOUN
cjal-3258	798	8	can	can	AUX
cjal-3258	798	9	only	only	ADV
cjal-3258	798	10	be	be	AUX
cjal-3258	798	11	removed	remove	VERB
cjal-3258	798	12	from	from	ADP
cjal-3258	798	13	its	its	PRON
cjal-3258	798	14	holder	holder	NOUN
cjal-3258	798	15	in	in	ADP
cjal-3258	798	16	a	a	DET
cjal-3258	798	17	voluntary	voluntary	ADJ
cjal-3258	798	18	transfer	transfer	NOUN
cjal-3258	798	19	.	.	PUNCT
cjal-3258	799	1	on	on	ADP
cjal-3258	799	2	the	the	DET
cjal-3258	799	3	other	other	ADJ
cjal-3258	799	4	hand	hand	NOUN
cjal-3258	799	5	,	,	PUNCT
cjal-3258	799	6	an	an	DET
cjal-3258	799	7	entitlement	entitlement	NOUN
cjal-3258	799	8	protected	protect	VERB
cjal-3258	799	9	by	by	ADP
cjal-3258	799	10	the	the	DET
cjal-3258	799	11	liability	liability	NOUN
cjal-3258	799	12	rule	rule	NOUN
cjal-3258	799	13	may	may	AUX
cjal-3258	799	14	be	be	AUX
cjal-3258	799	15	removed	remove	VERB
cjal-3258	799	16	by	by	ADP
cjal-3258	799	17	simply	simply	ADV
cjal-3258	799	18	paying	pay	VERB
cjal-3258	799	19	an	an	DET
cjal-3258	799	20	objectively	objectively	ADV
cjal-3258	799	21	determined	determine	VERB
cjal-3258	799	22	value	value	NOUN
cjal-3258	799	23	for	for	ADP
cjal-3258	799	24	it	it	PRON
cjal-3258	799	25	.	.	PUNCT
cjal-3258	799	26	'	'	PUNCT
cjal-3258	800	1	92	92	NUM
cjal-3258	800	2	the	the	DET
cjal-3258	800	3	difference	difference	NOUN
cjal-3258	800	4	between	between	ADP
cjal-3258	800	5	these	these	DET
cjal-3258	800	6	two	two	NUM
cjal-3258	800	7	rules	rule	NOUN
cjal-3258	800	8	has	have	AUX
cjal-3258	800	9	often	often	ADV
cjal-3258	800	10	been	be	AUX
cjal-3258	800	11	conceived	conceive	VERB
cjal-3258	800	12	as	as	ADP
cjal-3258	800	13	the	the	DET
cjal-3258	800	14	difference	difference	NOUN
cjal-3258	800	15	between	between	ADP
cjal-3258	800	16	"	"	PUNCT
cjal-3258	800	17	protecting	protect	VERB
cjal-3258	800	18	by	by	ADP
cjal-3258	800	19	deterrence	deterrence	NOUN
cjal-3258	800	20	"	"	PUNCT
cjal-3258	800	21	and	and	CCONJ
cjal-3258	800	22	"	"	PUNCT
cjal-3258	800	23	protecting	protect	VERB
cjal-3258	800	24	by	by	ADP
cjal-3258	800	25	compensation	compensation	NOUN
cjal-3258	800	26	.	.	PUNCT
cjal-3258	800	27	"	"	PUNCT
cjal-3258	801	1	193	193	NUM
cjal-3258	801	2	madeline	madeline	PROPN
cjal-3258	801	3	morris	morris	PROPN
cjal-3258	801	4	clarified	clarify	VERB
cjal-3258	801	5	that	that	SCONJ
cjal-3258	801	6	these	these	DET
cjal-3258	801	7	rules	rule	NOUN
cjal-3258	801	8	actually	actually	ADV
cjal-3258	801	9	constitute	constitute	VERB
cjal-3258	801	10	different	different	ADJ
cjal-3258	801	11	forms	form	NOUN
cjal-3258	801	12	of	of	ADP
cjal-3258	801	13	entitlement	entitlement	NOUN
cjal-3258	801	14	rather	rather	ADV
cjal-3258	801	15	than	than	ADP
cjal-3258	801	16	different	different	ADJ
cjal-3258	801	17	ways	way	NOUN
cjal-3258	801	18	of	of	ADP
cjal-3258	801	19	protecting	protect	VERB
cjal-3258	801	20	one	one	NUM
cjal-3258	801	21	general	general	ADJ
cjal-3258	801	22	kind	kind	NOUN
cjal-3258	801	23	of	of	ADP
cjal-3258	801	24	entitlement	entitlement	NOUN
cjal-3258	801	25	.	.	PUNCT
cjal-3258	802	1	194	194	NUM
cjal-3258	802	2	she	she	PRON
cjal-3258	802	3	further	far	ADV
cjal-3258	802	4	proposed	propose	VERB
cjal-3258	802	5	a	a	DET
cjal-3258	802	6	"	"	PUNCT
cjal-3258	802	7	four	four	NUM
cjal-3258	802	8	entitlement	entitlement	NOUN
cjal-3258	802	9	components	component	NOUN
cjal-3258	802	10	"	"	PUNCT
cjal-3258	802	11	model	model	NOUN
cjal-3258	802	12	of	of	ADP
cjal-3258	802	13	in	in	ADP
cjal-3258	802	14	-	-	PUNCT
cjal-3258	802	15	kind	kind	NOUN
cjal-3258	802	16	enjoyment	enjoyment	NOUN
cjal-3258	802	17	,	,	PUNCT
cjal-3258	802	18	initiation	initiation	NOUN
cjal-3258	802	19	choice	choice	NOUN
cjal-3258	802	20	,	,	PUNCT
cjal-3258	802	21	veto	veto	NOUN
cjal-3258	802	22	power	power	NOUN
cjal-3258	802	23	,	,	PUNCT
cjal-3258	802	24	and	and	CCONJ
cjal-3258	802	25	monetary	monetary	ADJ
cjal-3258	802	26	compensation	compensation	NOUN
cjal-3258	802	27	,	,	PUNCT
cjal-3258	802	28	which	which	PRON
cjal-3258	802	29	she	she	PRON
cjal-3258	802	30	used	use	VERB
cjal-3258	802	31	to	to	PART
cjal-3258	802	32	analyze	analyze	VERB
cjal-3258	802	33	the	the	DET
cjal-3258	802	34	different	different	ADJ
cjal-3258	802	35	possible	possible	ADJ
cjal-3258	802	36	forms	form	NOUN
cjal-3258	802	37	of	of	ADP
cjal-3258	802	38	entitlement	entitlement	NOUN
cjal-3258	802	39	.	.	PUNCT
cjal-3258	803	1	95	95	NUM
cjal-3258	803	2	one	one	NUM
cjal-3258	803	3	form	form	NOUN
cjal-3258	803	4	of	of	ADP
cjal-3258	803	5	entitlement	entitlement	NOUN
cjal-3258	803	6	that	that	PRON
cjal-3258	803	7	is	be	AUX
cjal-3258	803	8	relevant	relevant	ADJ
cjal-3258	803	9	to	to	ADP
cjal-3258	803	10	our	our	PRON
cjal-3258	803	11	discussion	discussion	NOUN
cjal-3258	803	12	is	be	AUX
cjal-3258	803	13	the	the	DET
cjal-3258	803	14	mandatory	mandatory	ADJ
cjal-3258	803	15	transfer	transfer	NOUN
cjal-3258	803	16	rule	rule	NOUN
cjal-3258	803	17	.	.	PUNCT
cjal-3258	804	1	under	under	ADP
cjal-3258	804	2	this	this	DET
cjal-3258	804	3	rule	rule	NOUN
cjal-3258	804	4	,	,	PUNCT
cjal-3258	804	5	the	the	DET
cjal-3258	804	6	parties	party	NOUN
cjal-3258	804	7	must	must	AUX
cjal-3258	804	8	effectuate	effectuate	VERB
cjal-3258	804	9	a	a	DET
cjal-3258	804	10	compensated	compensated	ADJ
cjal-3258	804	11	transfer	transfer	NOUN
cjal-3258	804	12	regardless	regardless	ADV
cjal-3258	804	13	of	of	ADP
cjal-3258	804	14	their	their	PRON
cjal-3258	804	15	intention	intention	NOUN
cjal-3258	804	16	and	and	CCONJ
cjal-3258	804	17	preference	preference	NOUN
cjal-3258	804	18	.	.	PUNCT
cjal-3258	805	1	196	196	NUM
cjal-3258	805	2	the	the	DET
cjal-3258	805	3	choice	choice	NOUN
cjal-3258	805	4	of	of	ADP
cjal-3258	805	5	rule	rule	NOUN
cjal-3258	805	6	should	should	AUX
cjal-3258	805	7	naturally	naturally	ADV
cjal-3258	805	8	take	take	VERB
cjal-3258	805	9	into	into	ADP
cjal-3258	805	10	191	191	NUM
cjal-3258	805	11	guido	guido	NOUN
cjal-3258	805	12	calabresi	calabresi	NOUN
cjal-3258	805	13	&	&	CCONJ
cjal-3258	805	14	a.	a.	PROPN
cjal-3258	805	15	douglas	douglas	PROPN
cjal-3258	805	16	melamed	melamed	PROPN
cjal-3258	805	17	,	,	PUNCT
cjal-3258	805	18	property	property	NOUN
cjal-3258	805	19	rules	rule	NOUN
cjal-3258	805	20	,	,	PUNCT
cjal-3258	805	21	liability	liability	NOUN
cjal-3258	805	22	rules	rule	NOUN
cjal-3258	805	23	,	,	PUNCT
cjal-3258	805	24	and	and	CCONJ
cjal-3258	805	25	inalienability	inalienability	NOUN
cjal-3258	805	26	:	:	PUNCT
cjal-3258	805	27	one	one	NUM
cjal-3258	805	28	view	view	NOUN
cjal-3258	805	29	of	of	ADP
cjal-3258	805	30	the	the	DET
cjal-3258	805	31	cathedral	cathedral	NOUN
cjal-3258	805	32	,	,	PUNCT
cjal-3258	805	33	85	85	NUM
cjal-3258	805	34	harv	harv	NOUN
cjal-3258	805	35	.	.	PUNCT
cjal-3258	806	1	l.	l.	PROPN
cjal-3258	806	2	rev	rev	PROPN
cjal-3258	806	3	.	.	PROPN
cjal-3258	806	4	1089	1089	NUM
cjal-3258	806	5	(	(	PUNCT
cjal-3258	806	6	1972	1972	NUM
cjal-3258	806	7	)	)	PUNCT
cjal-3258	806	8	.	.	PUNCT
cjal-3258	806	9	'	'	PUNCT
cjal-3258	807	1	92	92	NUM
cjal-3258	808	1	i	i	PRON
cjal-3258	808	2	d.	d.	PROPN
cjal-3258	808	3	at	at	ADP
cjal-3258	808	4	1092	1092	NUM
cjal-3258	808	5	.	.	PUNCT
cjal-3258	809	1	193	193	NUM
cjal-3258	809	2	ian	ian	PROPN
cjal-3258	809	3	ayres	ayres	PROPN
cjal-3258	809	4	&	&	CCONJ
cjal-3258	809	5	paul	paul	PROPN
cjal-3258	809	6	m.	m.	PROPN
cjal-3258	809	7	goldbart	goldbart	PROPN
cjal-3258	809	8	,	,	PUNCT
cjal-3258	809	9	correlated	correlate	VERB
cjal-3258	809	10	values	value	NOUN
cjal-3258	809	11	in	in	ADP
cjal-3258	809	12	the	the	DET
cjal-3258	809	13	theory	theory	NOUN
cjal-3258	809	14	of	of	ADP
cjal-3258	809	15	property	property	NOUN
cjal-3258	809	16	and	and	CCONJ
cjal-3258	809	17	liability	liability	NOUN
cjal-3258	809	18	rules	rule	NOUN
cjal-3258	809	19	,	,	PUNCT
cjal-3258	809	20	32	32	NUM
cjal-3258	809	21	j.	j.	PROPN
cjal-3258	809	22	legal	legal	ADJ
cjal-3258	809	23	stud	stud	NOUN
cjal-3258	809	24	.	.	PUNCT
cjal-3258	810	1	121	121	NUM
cjal-3258	810	2	,	,	PUNCT
cjal-3258	810	3	121	121	NUM
cjal-3258	810	4	(	(	PUNCT
cjal-3258	810	5	2003	2003	NUM
cjal-3258	810	6	)	)	PUNCT
cjal-3258	810	7	.	.	PUNCT
cjal-3258	811	1	194	194	NUM
cjal-3258	811	2	madeline	madeline	PROPN
cjal-3258	811	3	morris	morris	PROPN
cjal-3258	811	4	,	,	PUNCT
cjal-3258	811	5	the	the	DET
cjal-3258	811	6	structure	structure	NOUN
cjal-3258	811	7	of	of	ADP
cjal-3258	811	8	entitlements	entitlement	NOUN
cjal-3258	811	9	,	,	PUNCT
cjal-3258	811	10	78	78	NUM
cjal-3258	811	11	cornell	cornell	PROPN
cjal-3258	811	12	l.	l.	PROPN
cjal-3258	811	13	rev	rev	PROPN
cjal-3258	811	14	.	.	PROPN
cjal-3258	811	15	822	822	NUM
cjal-3258	811	16	,	,	PUNCT
cjal-3258	811	17	844	844	NUM
cjal-3258	811	18	(	(	PUNCT
cjal-3258	811	19	1993	1993	NUM
cjal-3258	811	20	)	)	PUNCT
cjal-3258	811	21	.	.	PUNCT
cjal-3258	812	1	195	195	NUM
cjal-3258	812	2	i	i	PROPN
cjal-3258	812	3	d.	d.	NOUN
cjal-3258	812	4	at	at	ADP
cjal-3258	812	5	839	839	NUM
cjal-3258	812	6	.	.	PUNCT
cjal-3258	813	1	1	1	NUM
cjal-3258	813	2	96	96	NUM
cjal-3258	813	3	i	i	PRON
cjal-3258	813	4	d.	d.	PROPN
cjal-3258	813	5	at	at	ADP
cjal-3258	813	6	859	859	NUM
cjal-3258	813	7	.	.	PUNCT
cjal-3258	813	8	2006	2006	NUM
cjal-3258	813	9	]	]	PUNCT
cjal-3258	813	10	337	337	NUM
cjal-3258	813	11	columbia	columbia	PROPN
cjal-3258	813	12	journal	journal	PROPN
cjal-3258	813	13	of	of	ADP
cjal-3258	813	14	asian	asian	PROPN
cjal-3258	813	15	la	la	PROPN
cjal-3258	813	16	w	w	PROPN
cjal-3258	813	17	consideration	consideration	NOUN
cjal-3258	813	18	the	the	DET
cjal-3258	813	19	two	two	NUM
cjal-3258	813	20	main	main	ADJ
cjal-3258	813	21	factors	factor	NOUN
cjal-3258	813	22	of	of	ADP
cjal-3258	813	23	economic	economic	ADJ
cjal-3258	813	24	efficiency	efficiency	NOUN
cjal-3258	813	25	and	and	CCONJ
cjal-3258	813	26	equity	equity	NOUN
cjal-3258	813	27	.	.	PUNCT
cjal-3258	814	1	for	for	ADP
cjal-3258	814	2	the	the	DET
cjal-3258	814	3	economic	economic	ADJ
cjal-3258	814	4	analysis	analysis	NOUN
cjal-3258	814	5	purposes	purpose	NOUN
cjal-3258	814	6	of	of	ADP
cjal-3258	814	7	this	this	DET
cjal-3258	814	8	piece	piece	NOUN
cjal-3258	814	9	it	it	PRON
cjal-3258	814	10	is	be	AUX
cjal-3258	814	11	not	not	PART
cjal-3258	814	12	necessary	necessary	ADJ
cjal-3258	814	13	to	to	PART
cjal-3258	814	14	decide	decide	VERB
cjal-3258	814	15	whether	whether	SCONJ
cjal-3258	814	16	the	the	DET
cjal-3258	814	17	property	property	NOUN
cjal-3258	814	18	rule	rule	NOUN
cjal-3258	814	19	,	,	PUNCT
cjal-3258	814	20	liability	liability	NOUN
cjal-3258	814	21	rule	rule	NOUN
cjal-3258	814	22	and	and	CCONJ
cjal-3258	814	23	mandatory	mandatory	ADJ
cjal-3258	814	24	transfer	transfer	NOUN
cjal-3258	814	25	rule	rule	NOUN
cjal-3258	814	26	are	be	AUX
cjal-3258	814	27	merely	merely	ADV
cjal-3258	814	28	different	different	ADJ
cjal-3258	814	29	ways	way	NOUN
cjal-3258	814	30	of	of	ADP
cjal-3258	814	31	entitlement	entitlement	NOUN
cjal-3258	814	32	protections	protection	NOUN
cjal-3258	814	33	or	or	CCONJ
cjal-3258	814	34	actually	actually	ADV
cjal-3258	814	35	different	different	ADJ
cjal-3258	814	36	entitlements	entitlement	NOUN
cjal-3258	814	37	.	.	PUNCT
cjal-3258	815	1	we	we	PRON
cjal-3258	815	2	are	be	AUX
cjal-3258	815	3	more	more	ADV
cjal-3258	815	4	concerned	concerned	ADJ
cjal-3258	815	5	with	with	ADP
cjal-3258	815	6	the	the	DET
cjal-3258	815	7	practical	practical	ADJ
cjal-3258	815	8	merits	merit	NOUN
cjal-3258	815	9	and	and	CCONJ
cjal-3258	815	10	limitations	limitation	NOUN
cjal-3258	815	11	of	of	ADP
cjal-3258	815	12	these	these	DET
cjal-3258	815	13	rules	rule	NOUN
cjal-3258	815	14	in	in	ADP
cjal-3258	815	15	implementing	implement	VERB
cjal-3258	815	16	reform	reform	NOUN
cjal-3258	815	17	.	.	PUNCT
cjal-3258	816	1	hence	hence	ADV
cjal-3258	816	2	,	,	PUNCT
cjal-3258	816	3	we	we	PRON
cjal-3258	816	4	merely	merely	ADV
cjal-3258	816	5	focus	focus	VERB
cjal-3258	816	6	on	on	ADP
cjal-3258	816	7	the	the	DET
cjal-3258	816	8	efficiency	efficiency	NOUN
cjal-3258	816	9	and	and	CCONJ
cjal-3258	816	10	wealth	wealth	NOUN
cjal-3258	816	11	distribution	distribution	NOUN
cjal-3258	816	12	effect	effect	NOUN
cjal-3258	816	13	of	of	ADP
cjal-3258	816	14	the	the	DET
cjal-3258	816	15	rules	rule	NOUN
cjal-3258	816	16	.	.	PUNCT
cjal-3258	817	1	the	the	DET
cjal-3258	817	2	economic	economic	ADJ
cjal-3258	817	3	efficiency	efficiency	NOUN
cjal-3258	817	4	factor	factor	NOUN
cjal-3258	817	5	is	be	AUX
cjal-3258	817	6	essentially	essentially	ADV
cjal-3258	817	7	an	an	DET
cjal-3258	817	8	inquiry	inquiry	NOUN
cjal-3258	817	9	into	into	ADP
cjal-3258	817	10	transaction	transaction	NOUN
cjal-3258	817	11	costs	cost	NOUN
cjal-3258	817	12	.	.	PUNCT
cjal-3258	818	1	transaction	transaction	NOUN
cjal-3258	818	2	costs	cost	NOUN
cjal-3258	818	3	consist	consist	VERB
cjal-3258	818	4	of	of	ADP
cjal-3258	818	5	information	information	NOUN
cjal-3258	818	6	costs	cost	NOUN
cjal-3258	818	7	,	,	PUNCT
cjal-3258	818	8	bargaining	bargaining	NOUN
cjal-3258	818	9	costs	cost	NOUN
cjal-3258	818	10	,	,	PUNCT
cjal-3258	818	11	and	and	CCONJ
cjal-3258	818	12	enforcement	enforcement	NOUN
cjal-3258	818	13	costs	cost	NOUN
cjal-3258	818	14	.	.	PUNCT
cjal-3258	819	1	1	1	NUM
cjal-3258	819	2	97	97	NUM
cjal-3258	819	3	though	though	SCONJ
cjal-3258	819	4	optimum	optimum	ADJ
cjal-3258	819	5	economic	economic	ADJ
cjal-3258	819	6	efficiency	efficiency	NOUN
cjal-3258	819	7	will	will	AUX
cjal-3258	819	8	be	be	AUX
cjal-3258	819	9	attained	attain	VERB
cjal-3258	819	10	regardless	regardless	ADV
cjal-3258	819	11	of	of	ADP
cjal-3258	819	12	the	the	DET
cjal-3258	819	13	type	type	NOUN
cjal-3258	819	14	of	of	ADP
cjal-3258	819	15	property	property	NOUN
cjal-3258	819	16	protection	protection	NOUN
cjal-3258	819	17	in	in	ADP
cjal-3258	819	18	a	a	DET
cjal-3258	819	19	world	world	NOUN
cjal-3258	819	20	of	of	ADP
cjal-3258	819	21	zero	zero	NUM
cjal-3258	819	22	transaction	transaction	NOUN
cjal-3258	819	23	costs	cost	NOUN
cjal-3258	819	24	,	,	PUNCT
cjal-3258	819	25	198	198	NUM
cjal-3258	819	26	since	since	SCONJ
cjal-3258	819	27	the	the	DET
cjal-3258	819	28	real	real	ADJ
cjal-3258	819	29	world	world	NOUN
cjal-3258	819	30	is	be	AUX
cjal-3258	819	31	far	far	ADV
cjal-3258	819	32	from	from	ADP
cjal-3258	819	33	this	this	DET
cjal-3258	819	34	coasian	coasian	ADJ
cjal-3258	819	35	world	world	NOUN
cjal-3258	819	36	,	,	PUNCT
cjal-3258	819	37	199	199	NUM
cjal-3258	819	38	the	the	DET
cjal-3258	819	39	protection	protection	NOUN
cjal-3258	819	40	of	of	ADP
cjal-3258	819	41	entitlement	entitlement	NOUN
cjal-3258	819	42	should	should	AUX
cjal-3258	819	43	be	be	AUX
cjal-3258	819	44	designed	design	VERB
cjal-3258	819	45	to	to	PART
cjal-3258	819	46	minimize	minimize	VERB
cjal-3258	819	47	transaction	transaction	NOUN
cjal-3258	819	48	costs	cost	NOUN
cjal-3258	819	49	.	.	PUNCT
cjal-3258	820	1	the	the	DET
cjal-3258	820	2	liability	liability	NOUN
cjal-3258	820	3	rule	rule	NOUN
cjal-3258	820	4	is	be	AUX
cjal-3258	820	5	useful	useful	ADJ
cjal-3258	820	6	in	in	ADP
cjal-3258	820	7	cases	case	NOUN
cjal-3258	820	8	where	where	SCONJ
cjal-3258	820	9	the	the	DET
cjal-3258	820	10	transaction	transaction	NOUN
cjal-3258	820	11	costs	cost	VERB
cjal-3258	820	12	in	in	ADP
cjal-3258	820	13	particular	particular	ADJ
cjal-3258	820	14	bargaining	bargaining	NOUN
cjal-3258	820	15	costs	cost	NOUN
cjal-3258	820	16	between	between	ADP
cjal-3258	820	17	the	the	DET
cjal-3258	820	18	parties	party	NOUN
cjal-3258	820	19	are	be	AUX
cjal-3258	820	20	high	high	ADJ
cjal-3258	820	21	.	.	PUNCT
cjal-3258	821	1	the	the	DET
cjal-3258	821	2	liability	liability	NOUN
cjal-3258	821	3	rule	rule	NOUN
cjal-3258	821	4	has	have	VERB
cjal-3258	821	5	the	the	DET
cjal-3258	821	6	advantage	advantage	NOUN
cjal-3258	821	7	of	of	ADP
cjal-3258	821	8	allowing	allow	VERB
cjal-3258	821	9	the	the	DET
cjal-3258	821	10	state	state	NOUN
cjal-3258	821	11	to	to	PART
cjal-3258	821	12	harness	harness	VERB
cjal-3258	821	13	the	the	DET
cjal-3258	821	14	information	information	NOUN
cjal-3258	821	15	costs	cost	NOUN
cjal-3258	821	16	of	of	ADP
cjal-3258	821	17	the	the	DET
cjal-3258	821	18	parties	party	NOUN
cjal-3258	821	19	,	,	PUNCT
cjal-3258	821	20	200	200	NUM
cjal-3258	821	21	and	and	CCONJ
cjal-3258	821	22	can	can	AUX
cjal-3258	821	23	also	also	ADV
cjal-3258	821	24	be	be	AUX
cjal-3258	821	25	designed	design	VERB
cjal-3258	821	26	to	to	PART
cjal-3258	821	27	provide	provide	VERB
cjal-3258	821	28	incentives	incentive	NOUN
cjal-3258	821	29	for	for	ADP
cjal-3258	821	30	efficient	efficient	ADJ
cjal-3258	821	31	takings	taking	NOUN
cjal-3258	821	32	201	201	NUM
cjal-3258	821	33	that	that	PRON
cjal-3258	821	34	might	might	AUX
cjal-3258	821	35	not	not	PART
cjal-3258	821	36	otherwise	otherwise	ADV
cjal-3258	821	37	take	take	VERB
cjal-3258	821	38	place	place	NOUN
cjal-3258	821	39	due	due	ADJ
cjal-3258	821	40	to	to	ADP
cjal-3258	821	41	high	high	ADJ
cjal-3258	821	42	transaction	transaction	NOUN
cjal-3258	821	43	costs	cost	NOUN
cjal-3258	821	44	.	.	PUNCT
cjal-3258	822	1	according	accord	VERB
cjal-3258	822	2	to	to	ADP
cjal-3258	822	3	morris	morris	PROPN
cjal-3258	822	4	,	,	PUNCT
cjal-3258	822	5	the	the	DET
cjal-3258	822	6	mandatory	mandatory	ADJ
cjal-3258	822	7	transfer	transfer	NOUN
cjal-3258	822	8	rule	rule	NOUN
cjal-3258	822	9	will	will	AUX
cjal-3258	822	10	foster	foster	VERB
cjal-3258	822	11	efficiency	efficiency	NOUN
cjal-3258	822	12	under	under	ADP
cjal-3258	822	13	two	two	NUM
cjal-3258	822	14	sets	set	NOUN
cjal-3258	822	15	of	of	ADP
cjal-3258	822	16	conditions.202	conditions.202	NOUN
cjal-3258	822	17	the	the	DET
cjal-3258	822	18	first	first	ADJ
cjal-3258	822	19	is	be	AUX
cjal-3258	822	20	if	if	SCONJ
cjal-3258	822	21	it	it	PRON
cjal-3258	822	22	is	be	AUX
cjal-3258	822	23	clear	clear	ADJ
cjal-3258	822	24	in	in	ADP
cjal-3258	822	25	advance	advance	NOUN
cjal-3258	822	26	that	that	SCONJ
cjal-3258	822	27	it	it	PRON
cjal-3258	822	28	is	be	AUX
cjal-3258	822	29	efficient	efficient	ADJ
cjal-3258	822	30	for	for	SCONJ
cjal-3258	822	31	a	a	DET
cjal-3258	822	32	particular	particular	ADJ
cjal-3258	822	33	party	party	NOUN
cjal-3258	822	34	to	to	PART
cjal-3258	822	35	enjoy	enjoy	VERB
cjal-3258	822	36	a	a	DET
cjal-3258	822	37	certain	certain	ADJ
cjal-3258	822	38	right	right	NOUN
cjal-3258	822	39	while	while	SCONJ
cjal-3258	822	40	distributive	distributive	ADJ
cjal-3258	822	41	considerations	consideration	NOUN
cjal-3258	822	42	favor	favor	VERB
cjal-3258	822	43	compensating	compensate	VERB
cjal-3258	822	44	the	the	DET
cjal-3258	822	45	other	other	ADJ
cjal-3258	822	46	party	party	NOUN
cjal-3258	822	47	.	.	PUNCT
cjal-3258	823	1	the	the	DET
cjal-3258	823	2	second	second	NOUN
cjal-3258	823	3	is	be	AUX
cjal-3258	823	4	if	if	SCONJ
cjal-3258	823	5	it	it	PRON
cjal-3258	823	6	is	be	AUX
cjal-3258	823	7	not	not	PART
cjal-3258	823	8	sufficiently	sufficiently	ADV
cjal-3258	823	9	clear	clear	ADJ
cjal-3258	823	10	that	that	SCONJ
cjal-3258	823	11	an	an	DET
cjal-3258	823	12	efficiently	efficiently	ADV
cjal-3258	823	13	-	-	PUNCT
cjal-3258	823	14	compensated	compensate	VERB
cjal-3258	823	15	transfer	transfer	NOUN
cjal-3258	823	16	will	will	AUX
cjal-3258	823	17	occur	occur	VERB
cjal-3258	823	18	with	with	ADP
cjal-3258	823	19	either	either	CCONJ
cjal-3258	823	20	the	the	DET
cjal-3258	823	21	property	property	NOUN
cjal-3258	823	22	or	or	CCONJ
cjal-3258	823	23	the	the	DET
cjal-3258	823	24	liability	liability	NOUN
cjal-3258	823	25	rule	rule	NOUN
cjal-3258	823	26	.	.	PUNCT
cjal-3258	824	1	the	the	DET
cjal-3258	824	2	transfer	transfer	NOUN
cjal-3258	824	3	may	may	AUX
cjal-3258	824	4	not	not	PART
cjal-3258	824	5	occur	occur	VERB
cjal-3258	824	6	if	if	SCONJ
cjal-3258	824	7	the	the	DET
cjal-3258	824	8	efficiency	efficiency	NOUN
cjal-3258	824	9	of	of	ADP
cjal-3258	824	10	transfer	transfer	NOUN
cjal-3258	824	11	arises	arise	VERB
cjal-3258	824	12	out	out	ADP
cjal-3258	824	13	of	of	ADP
cjal-3258	824	14	benefits	benefit	NOUN
cjal-3258	824	15	to	to	ADP
cjal-3258	824	16	a	a	DET
cjal-3258	824	17	third	third	ADJ
cjal-3258	824	18	party.20	party.20	NOUN
cjal-3258	824	19	3	3	NUM
cjal-3258	824	20	morris	morris	PROPN
cjal-3258	824	21	does	do	AUX
cjal-3258	824	22	not	not	PART
cjal-3258	824	23	think	think	VERB
cjal-3258	824	24	the	the	DET
cjal-3258	824	25	parties	party	NOUN
cjal-3258	824	26	should	should	AUX
cjal-3258	824	27	be	be	AUX
cjal-3258	824	28	forced	force	VERB
cjal-3258	824	29	to	to	PART
cjal-3258	824	30	spend	spend	VERB
cjal-3258	824	31	their	their	PRON
cjal-3258	824	32	money	money	NOUN
cjal-3258	824	33	for	for	ADP
cjal-3258	824	34	the	the	DET
cjal-3258	824	35	benefit	benefit	NOUN
cjal-3258	824	36	of	of	ADP
cjal-3258	824	37	a	a	DET
cjal-3258	824	38	third	third	ADJ
cjal-3258	824	39	party	party	NOUN
cjal-3258	824	40	,	,	PUNCT
cjal-3258	824	41	save	save	VERB
cjal-3258	824	42	in	in	ADP
cjal-3258	824	43	circumstances	circumstance	NOUN
cjal-3258	824	44	where	where	SCONJ
cjal-3258	824	45	the	the	DET
cjal-3258	824	46	party	party	NOUN
cjal-3258	824	47	owes	owe	VERB
cjal-3258	824	48	a	a	DET
cjal-3258	824	49	duty	duty	NOUN
cjal-3258	824	50	to	to	ADP
cjal-3258	824	51	the	the	DET
cjal-3258	824	52	third	third	ADJ
cjal-3258	824	53	party.20	party.20	NOUN
cjal-3258	824	54	4	4	NUM
cjal-3258	824	55	however	however	ADV
cjal-3258	824	56	,	,	PUNCT
cjal-3258	824	57	we	we	PRON
cjal-3258	824	58	do	do	AUX
cjal-3258	824	59	not	not	PART
cjal-3258	824	60	see	see	VERB
cjal-3258	824	61	why	why	SCONJ
cjal-3258	824	62	the	the	DET
cjal-3258	824	63	presence	presence	NOUN
cjal-3258	824	64	of	of	ADP
cjal-3258	824	65	positive	positive	ADJ
cjal-3258	824	66	externalities	externality	NOUN
cjal-3258	824	67	and	and	CCONJ
cjal-3258	824	68	greater	great	ADJ
cjal-3258	824	69	overall	overall	ADJ
cjal-3258	824	70	wealth	wealth	NOUN
cjal-3258	824	71	maximization	maximization	NOUN
cjal-3258	824	72	should	should	AUX
cjal-3258	824	73	not	not	PART
cjal-3258	824	74	be	be	AUX
cjal-3258	824	75	a	a	DET
cjal-3258	824	76	factor	factor	NOUN
cjal-3258	824	77	favoring	favor	VERB
cjal-3258	824	78	the	the	DET
cjal-3258	824	79	mandatory	mandatory	ADJ
cjal-3258	824	80	transfer	transfer	NOUN
cjal-3258	824	81	rule	rule	NOUN
cjal-3258	824	82	197	197	NUM
cjal-3258	824	83	carl	carl	PROPN
cjal-3258	824	84	j.	j.	PROPN
cjal-3258	824	85	dahlman	dahlman	PROPN
cjal-3258	824	86	,	,	PUNCT
cjal-3258	824	87	the	the	DET
cjal-3258	824	88	problem	problem	NOUN
cjal-3258	824	89	of	of	ADP
cjal-3258	824	90	externality	externality	NOUN
cjal-3258	824	91	,	,	PUNCT
cjal-3258	824	92	22	22	NUM
cjal-3258	824	93	j.l	j.l	PROPN
cjal-3258	824	94	.	.	PROPN
cjal-3258	824	95	&	&	CCONJ
cjal-3258	824	96	econ	econ	PROPN
cjal-3258	824	97	.	.	PUNCT
cjal-3258	825	1	141	141	NUM
cjal-3258	825	2	,	,	PUNCT
cjal-3258	825	3	148	148	NUM
cjal-3258	825	4	(	(	PUNCT
cjal-3258	825	5	1979	1979	NUM
cjal-3258	825	6	)	)	PUNCT
cjal-3258	825	7	.	.	PUNCT
cjal-3258	826	1	198	198	NUM
cjal-3258	826	2	ronald	ronald	PROPN
cjal-3258	826	3	coase	coase	PROPN
cjal-3258	826	4	,	,	PUNCT
cjal-3258	826	5	the	the	DET
cjal-3258	826	6	problem	problem	NOUN
cjal-3258	826	7	of	of	ADP
cjal-3258	826	8	social	social	ADJ
cjal-3258	826	9	cost	cost	NOUN
cjal-3258	826	10	,	,	PUNCT
cjal-3258	826	11	3	3	NUM
cjal-3258	826	12	j.l	j.l	PROPN
cjal-3258	826	13	.	.	PROPN
cjal-3258	826	14	&	&	CCONJ
cjal-3258	826	15	econ	econ	PROPN
cjal-3258	826	16	.	.	PROPN
cjal-3258	827	1	1	1	NUM
cjal-3258	827	2	,	,	PUNCT
cjal-3258	827	3	19	19	NUM
cjal-3258	827	4	(	(	PUNCT
cjal-3258	827	5	1960	1960	NUM
cjal-3258	827	6	)	)	PUNCT
cjal-3258	827	7	.	.	PUNCT
cjal-3258	828	1	199	199	NUM
cjal-3258	828	2	academics	academic	NOUN
cjal-3258	828	3	later	later	ADV
cjal-3258	828	4	named	name	VERB
cjal-3258	828	5	the	the	DET
cjal-3258	828	6	hypothetic	hypothetic	ADJ
cjal-3258	828	7	world	world	NOUN
cjal-3258	828	8	of	of	ADP
cjal-3258	828	9	zero	zero	NUM
cjal-3258	828	10	transaction	transaction	NOUN
cjal-3258	828	11	cost	cost	NOUN
cjal-3258	828	12	after	after	ADP
cjal-3258	828	13	ronald	ronald	PROPN
cjal-3258	828	14	coase	coase	PROPN
cjal-3258	828	15	.	.	PUNCT
cjal-3258	829	1	200	200	NUM
cjal-3258	829	2	ayres	ayre	NOUN
cjal-3258	829	3	&	&	CCONJ
cjal-3258	829	4	goldbart	goldbart	NOUN
cjal-3258	829	5	,	,	PUNCT
cjal-3258	829	6	supra	supra	PROPN
cjal-3258	829	7	note	note	NOUN
cjal-3258	829	8	193	193	NUM
cjal-3258	829	9	,	,	PUNCT
cjal-3258	829	10	at	at	ADP
cjal-3258	829	11	122	122	NUM
cjal-3258	829	12	.	.	PUNCT
cjal-3258	829	13	201	201	NUM
cjal-3258	830	1	i	i	PRON
cjal-3258	830	2	d.	d.	NOUN
cjal-3258	830	3	at	at	ADP
cjal-3258	830	4	123	123	NUM
cjal-3258	830	5	.	.	PUNCT
cjal-3258	831	1	202	202	NUM
cjal-3258	831	2	morris	morris	PROPN
cjal-3258	831	3	,	,	PUNCT
cjal-3258	831	4	supra	supra	PROPN
cjal-3258	831	5	note	note	PROPN
cjal-3258	831	6	194	194	NUM
cjal-3258	831	7	,	,	PUNCT
cjal-3258	831	8	at	at	ADP
cjal-3258	831	9	861	861	NUM
cjal-3258	831	10	.	.	NOUN
cjal-3258	831	11	203	203	NUM
cjal-3258	831	12	i	i	PRON
cjal-3258	831	13	d.	d.	PROPN
cjal-3258	831	14	at	at	ADP
cjal-3258	831	15	862	862	NUM
cjal-3258	831	16	.	.	PUNCT
cjal-3258	831	17	204	204	NUM
cjal-3258	832	1	i	i	PRON
cjal-3258	832	2	d.	d.	VERB
cjal-3258	832	3	in	in	ADP
cjal-3258	832	4	justifying	justify	VERB
cjal-3258	832	5	the	the	DET
cjal-3258	832	6	use	use	NOUN
cjal-3258	832	7	of	of	ADP
cjal-3258	832	8	the	the	DET
cjal-3258	832	9	mandatory	mandatory	ADJ
cjal-3258	832	10	transfer	transfer	NOUN
cjal-3258	832	11	rule	rule	NOUN
cjal-3258	832	12	,	,	PUNCT
cjal-3258	832	13	morris	morris	PROPN
cjal-3258	832	14	focused	focus	VERB
cjal-3258	832	15	on	on	ADP
cjal-3258	832	16	situations	situation	NOUN
cjal-3258	832	17	where	where	SCONJ
cjal-3258	832	18	the	the	DET
cjal-3258	832	19	duty	duty	NOUN
cjal-3258	832	20	owed	owe	VERB
cjal-3258	832	21	to	to	ADP
cjal-3258	832	22	third	third	ADJ
cjal-3258	832	23	parties	party	NOUN
cjal-3258	832	24	is	be	AUX
cjal-3258	832	25	difficult	difficult	ADJ
cjal-3258	832	26	to	to	PART
cjal-3258	832	27	detect	detect	VERB
cjal-3258	832	28	or	or	CCONJ
cjal-3258	832	29	prove	prove	VERB
cjal-3258	832	30	,	,	PUNCT
cjal-3258	832	31	and	and	CCONJ
cjal-3258	832	32	where	where	SCONJ
cjal-3258	832	33	the	the	DET
cjal-3258	832	34	infrequent	infrequent	ADJ
cjal-3258	832	35	violations	violation	NOUN
cjal-3258	832	36	of	of	ADP
cjal-3258	832	37	the	the	DET
cjal-3258	832	38	duty	duty	NOUN
cjal-3258	832	39	are	be	AUX
cjal-3258	832	40	extraordinarily	extraordinarily	ADV
cjal-3258	832	41	important	important	ADJ
cjal-3258	832	42	.	.	PUNCT
cjal-3258	833	1	she	she	PRON
cjal-3258	833	2	did	do	AUX
cjal-3258	833	3	not	not	PART
cjal-3258	833	4	include	include	VERB
cjal-3258	833	5	the	the	DET
cjal-3258	833	6	presence	presence	NOUN
cjal-3258	833	7	of	of	ADP
cjal-3258	833	8	third	third	ADJ
cjal-3258	833	9	party	party	NOUN
cjal-3258	833	10	benefits	benefit	NOUN
cjal-3258	833	11	(	(	PUNCT
cjal-3258	833	12	and	and	CCONJ
cjal-3258	833	13	hence	hence	ADV
cjal-3258	833	14	possibly	possibly	ADV
cjal-3258	833	15	greater	great	ADJ
cjal-3258	833	16	overall	overall	ADJ
cjal-3258	833	17	wealth	wealth	NOUN
cjal-3258	833	18	maximization	maximization	NOUN
cjal-3258	833	19	)	)	PUNCT
cjal-3258	833	20	or	or	CCONJ
cjal-3258	833	21	positive	positive	ADJ
cjal-3258	833	22	externalities	externality	NOUN
cjal-3258	833	23	as	as	ADP
cjal-3258	833	24	factors	factor	NOUN
cjal-3258	833	25	.	.	PUNCT
cjal-3258	834	1	338	338	NUM
cjal-3258	835	1	[	[	X
cjal-3258	835	2	20:1	20:1	NUM
cjal-3258	835	3	regula	regula	NOUN
cjal-3258	835	4	tory	tory	NOUN
cjal-3258	835	5	givings	giving	NOUN
cjal-3258	835	6	in	in	ADP
cjal-3258	835	7	china	china	PROPN
cjal-3258	835	8	over	over	ADP
cjal-3258	835	9	the	the	DET
cjal-3258	835	10	property	property	NOUN
cjal-3258	835	11	or	or	CCONJ
cjal-3258	835	12	the	the	DET
cjal-3258	835	13	liability	liability	NOUN
cjal-3258	835	14	rule	rule	NOUN
cjal-3258	835	15	.	.	PUNCT
cjal-3258	836	1	it	it	PRON
cjal-3258	836	2	is	be	AUX
cjal-3258	836	3	economically	economically	ADV
cjal-3258	836	4	efficient	efficient	ADJ
cjal-3258	836	5	and	and	CCONJ
cjal-3258	836	6	maybe	maybe	ADV
cjal-3258	836	7	even	even	ADV
cjal-3258	836	8	equitable	equitable	ADJ
cjal-3258	836	9	to	to	PART
cjal-3258	836	10	mandate	mandate	VERB
cjal-3258	836	11	a	a	DET
cjal-3258	836	12	transfer	transfer	NOUN
cjal-3258	836	13	that	that	PRON
cjal-3258	836	14	will	will	AUX
cjal-3258	836	15	bring	bring	VERB
cjal-3258	836	16	about	about	ADP
cjal-3258	836	17	significant	significant	ADJ
cjal-3258	836	18	overall	overall	ADJ
cjal-3258	836	19	social	social	ADJ
cjal-3258	836	20	benefits	benefit	NOUN
cjal-3258	836	21	,	,	PUNCT
cjal-3258	836	22	but	but	CCONJ
cjal-3258	836	23	would	would	AUX
cjal-3258	836	24	otherwise	otherwise	ADV
cjal-3258	836	25	not	not	PART
cjal-3258	836	26	take	take	VERB
cjal-3258	836	27	place	place	NOUN
cjal-3258	836	28	under	under	ADP
cjal-3258	836	29	either	either	CCONJ
cjal-3258	836	30	a	a	DET
cjal-3258	836	31	property	property	NOUN
cjal-3258	836	32	or	or	CCONJ
cjal-3258	836	33	liability	liability	NOUN
cjal-3258	836	34	rule	rule	NOUN
cjal-3258	836	35	.	.	PUNCT
cjal-3258	837	1	universal	universal	ADJ
cjal-3258	837	2	conscription	conscription	NOUN
cjal-3258	837	3	in	in	ADP
cjal-3258	837	4	small	small	ADJ
cjal-3258	837	5	vulnerable	vulnerable	ADJ
cjal-3258	837	6	countries	country	NOUN
cjal-3258	837	7	is	be	AUX
cjal-3258	837	8	one	one	NUM
cjal-3258	837	9	example	example	NOUN
cjal-3258	837	10	where	where	SCONJ
cjal-3258	837	11	mandated	mandate	VERB
cjal-3258	837	12	transfer	transfer	NOUN
cjal-3258	837	13	will	will	AUX
cjal-3258	837	14	accord	accord	VERB
cjal-3258	837	15	efficiency	efficiency	NOUN
cjal-3258	837	16	.	.	PUNCT
cjal-3258	838	1	under	under	ADP
cjal-3258	838	2	universal	universal	ADJ
cjal-3258	838	3	conscription	conscription	NOUN
cjal-3258	838	4	,	,	PUNCT
cjal-3258	838	5	all	all	DET
cjal-3258	838	6	citizens	citizen	NOUN
cjal-3258	838	7	(	(	PUNCT
cjal-3258	838	8	usually	usually	ADV
cjal-3258	838	9	all	all	DET
cjal-3258	838	10	males	male	NOUN
cjal-3258	838	11	)	)	PUNCT
cjal-3258	838	12	must	must	AUX
cjal-3258	838	13	"	"	PUNCT
cjal-3258	838	14	transfer	transfer	VERB
cjal-3258	838	15	"	"	PUNCT
cjal-3258	838	16	their	their	PRON
cjal-3258	838	17	time	time	NOUN
cjal-3258	838	18	and	and	CCONJ
cjal-3258	838	19	effort	effort	NOUN
cjal-3258	838	20	in	in	ADP
cjal-3258	838	21	the	the	DET
cjal-3258	838	22	form	form	NOUN
cjal-3258	838	23	of	of	ADP
cjal-3258	838	24	military	military	ADJ
cjal-3258	838	25	service	service	NOUN
cjal-3258	838	26	in	in	ADP
cjal-3258	838	27	exchange	exchange	NOUN
cjal-3258	838	28	for	for	ADP
cjal-3258	838	29	some	some	DET
cjal-3258	838	30	monetary	monetary	ADJ
cjal-3258	838	31	compensation	compensation	NOUN
cjal-3258	838	32	,	,	PUNCT
cjal-3258	838	33	regardless	regardless	ADV
cjal-3258	838	34	of	of	ADP
cjal-3258	838	35	their	their	PRON
cjal-3258	838	36	or	or	CCONJ
cjal-3258	838	37	the	the	DET
cjal-3258	838	38	government	government	NOUN
cjal-3258	838	39	's	's	PART
cjal-3258	838	40	desire.2	desire.2	PROPN
cjal-3258	838	41	°	°	PROPN
cjal-3258	838	42	5	5	NUM
cjal-3258	838	43	the	the	DET
cjal-3258	838	44	property	property	NOUN
cjal-3258	838	45	rule	rule	NOUN
cjal-3258	838	46	(	(	PUNCT
cjal-3258	838	47	i.e.	i.e.	X
cjal-3258	838	48	voluntary	voluntary	ADJ
cjal-3258	838	49	military	military	ADJ
cjal-3258	838	50	service	service	NOUN
cjal-3258	838	51	)	)	PUNCT
cjal-3258	838	52	would	would	AUX
cjal-3258	838	53	be	be	AUX
cjal-3258	838	54	too	too	ADV
cjal-3258	838	55	costly	costly	ADJ
cjal-3258	838	56	,	,	PUNCT
cjal-3258	838	57	while	while	SCONJ
cjal-3258	838	58	the	the	DET
cjal-3258	838	59	liability	liability	NOUN
cjal-3258	838	60	rule	rule	NOUN
cjal-3258	838	61	(	(	PUNCT
cjal-3258	838	62	i.e.	i.e.	X
cjal-3258	838	63	the	the	DET
cjal-3258	838	64	government	government	NOUN
cjal-3258	838	65	can	can	AUX
cjal-3258	838	66	decide	decide	VERB
cjal-3258	838	67	whether	whether	SCONJ
cjal-3258	838	68	or	or	CCONJ
cjal-3258	838	69	not	not	PART
cjal-3258	838	70	to	to	PART
cjal-3258	838	71	enlist	enlist	VERB
cjal-3258	838	72	a	a	DET
cjal-3258	838	73	certain	certain	ADJ
cjal-3258	838	74	citizen	citizen	NOUN
cjal-3258	838	75	)	)	PUNCT
cjal-3258	838	76	is	be	AUX
cjal-3258	838	77	likely	likely	ADJ
cjal-3258	838	78	to	to	PART
cjal-3258	838	79	lead	lead	VERB
cjal-3258	838	80	to	to	ADP
cjal-3258	838	81	abuse	abuse	NOUN
cjal-3258	838	82	and	and	CCONJ
cjal-3258	838	83	feelings	feeling	NOUN
cjal-3258	838	84	of	of	ADP
cjal-3258	838	85	discrimination	discrimination	NOUN
cjal-3258	838	86	by	by	ADP
cjal-3258	838	87	those	those	PRON
cjal-3258	838	88	who	who	PRON
cjal-3258	838	89	are	be	AUX
cjal-3258	838	90	actually	actually	ADV
cjal-3258	838	91	enlisted	enlist	VERB
cjal-3258	838	92	.	.	PUNCT
cjal-3258	839	1	the	the	DET
cjal-3258	839	2	chinese	chinese	ADJ
cjal-3258	839	3	reform	reform	NOUN
cjal-3258	839	4	employs	employ	VERB
cjal-3258	839	5	the	the	DET
cjal-3258	839	6	property	property	NOUN
cjal-3258	839	7	rule	rule	NOUN
cjal-3258	839	8	.	.	PUNCT
cjal-3258	840	1	the	the	DET
cjal-3258	840	2	trading	trading	NOUN
cjal-3258	840	3	of	of	ADP
cjal-3258	840	4	non	non	ADJ
cjal-3258	840	5	-	-	ADJ
cjal-3258	840	6	tradable	tradable	ADJ
cjal-3258	840	7	shares	share	NOUN
cjal-3258	840	8	requires	require	VERB
cjal-3258	840	9	approval	approval	NOUN
cjal-3258	840	10	by	by	ADP
cjal-3258	840	11	the	the	DET
cjal-3258	840	12	tradable	tradable	ADJ
cjal-3258	840	13	shareholders	shareholder	NOUN
cjal-3258	840	14	,	,	PUNCT
cjal-3258	840	15	who	who	PRON
cjal-3258	840	16	possess	possess	VERB
cjal-3258	840	17	a	a	DET
cjal-3258	840	18	veto	veto	NOUN
cjal-3258	840	19	power	power	NOUN
cjal-3258	840	20	.	.	PUNCT
cjal-3258	841	1	as	as	SCONJ
cjal-3258	841	2	compared	compare	VERB
cjal-3258	841	3	to	to	ADP
cjal-3258	841	4	the	the	DET
cjal-3258	841	5	liability	liability	NOUN
cjal-3258	841	6	rule	rule	NOUN
cjal-3258	841	7	where	where	SCONJ
cjal-3258	841	8	the	the	DET
cjal-3258	841	9	tradable	tradable	ADJ
cjal-3258	841	10	shareholders	shareholder	NOUN
cjal-3258	841	11	can	can	AUX
cjal-3258	841	12	trade	trade	VERB
cjal-3258	841	13	their	their	PRON
cjal-3258	841	14	shares	share	NOUN
cjal-3258	841	15	by	by	ADP
cjal-3258	841	16	simply	simply	ADV
cjal-3258	841	17	paying	pay	VERB
cjal-3258	841	18	a	a	DET
cjal-3258	841	19	court	court	NOUN
cjal-3258	841	20	or	or	CCONJ
cjal-3258	841	21	regulatory	regulatory	ADJ
cjal-3258	841	22	authority	authority	NOUN
cjal-3258	841	23	a	a	DET
cjal-3258	841	24	pre	pre	ADJ
cjal-3258	841	25	-	-	ADJ
cjal-3258	841	26	determined	determined	ADJ
cjal-3258	841	27	compensation	compensation	NOUN
cjal-3258	841	28	,	,	PUNCT
cjal-3258	841	29	fewer	few	ADJ
cjal-3258	841	30	transaction	transaction	NOUN
cjal-3258	841	31	costs	cost	NOUN
cjal-3258	841	32	in	in	ADP
cjal-3258	841	33	the	the	DET
cjal-3258	841	34	form	form	NOUN
cjal-3258	841	35	of	of	ADP
cjal-3258	841	36	administrative	administrative	ADJ
cjal-3258	841	37	costs	cost	NOUN
cjal-3258	841	38	are	be	AUX
cjal-3258	841	39	incurred	incur	VERB
cjal-3258	841	40	under	under	ADP
cjal-3258	841	41	the	the	DET
cjal-3258	841	42	current	current	ADJ
cjal-3258	841	43	reform	reform	NOUN
cjal-3258	841	44	.	.	PUNCT
cjal-3258	842	1	this	this	PRON
cjal-3258	842	2	is	be	AUX
cjal-3258	842	3	the	the	DET
cjal-3258	842	4	benefit	benefit	NOUN
cjal-3258	842	5	from	from	ADP
cjal-3258	842	6	the	the	DET
cjal-3258	842	7	absence	absence	NOUN
cjal-3258	842	8	of	of	ADP
cjal-3258	842	9	administrative	administrative	ADJ
cjal-3258	842	10	or	or	CCONJ
cjal-3258	842	11	judicial	judicial	ADJ
cjal-3258	842	12	intermediaries	intermediary	NOUN
cjal-3258	842	13	.	.	PUNCT
cjal-3258	843	1	in	in	ADP
cjal-3258	843	2	addition	addition	NOUN
cjal-3258	843	3	,	,	PUNCT
cjal-3258	843	4	the	the	DET
cjal-3258	843	5	assessment	assessment	NOUN
cjal-3258	843	6	of	of	ADP
cjal-3258	843	7	compensation	compensation	NOUN
cjal-3258	843	8	involves	involve	VERB
cjal-3258	843	9	a	a	DET
cjal-3258	843	10	great	great	ADJ
cjal-3258	843	11	deal	deal	NOUN
cjal-3258	843	12	of	of	ADP
cjal-3258	843	13	intimate	intimate	ADJ
cjal-3258	843	14	and	and	CCONJ
cjal-3258	843	15	specific	specific	ADJ
cjal-3258	843	16	knowledge	knowledge	NOUN
cjal-3258	843	17	of	of	ADP
cjal-3258	843	18	each	each	DET
cjal-3258	843	19	company	company	NOUN
cjal-3258	843	20	,	,	PUNCT
cjal-3258	843	21	which	which	PRON
cjal-3258	843	22	may	may	AUX
cjal-3258	843	23	place	place	VERB
cjal-3258	843	24	an	an	DET
cjal-3258	843	25	excessive	excessive	ADJ
cjal-3258	843	26	burden	burden	NOUN
cjal-3258	843	27	on	on	ADP
cjal-3258	843	28	the	the	DET
cjal-3258	843	29	administrative	administrative	ADJ
cjal-3258	843	30	or	or	CCONJ
cjal-3258	843	31	judicial	judicial	ADJ
cjal-3258	843	32	intermediaries	intermediary	NOUN
cjal-3258	843	33	.	.	PUNCT
cjal-3258	844	1	this	this	DET
cjal-3258	844	2	property	property	NOUN
cjal-3258	844	3	rule	rule	NOUN
cjal-3258	844	4	protection	protection	NOUN
cjal-3258	844	5	also	also	ADV
cjal-3258	844	6	helps	help	VERB
cjal-3258	844	7	to	to	PART
cjal-3258	844	8	level	level	VERB
cjal-3258	844	9	the	the	DET
cjal-3258	844	10	playing	play	VERB
cjal-3258	844	11	field	field	NOUN
cjal-3258	844	12	between	between	ADP
cjal-3258	844	13	the	the	DET
cjal-3258	844	14	tradable	tradable	ADJ
cjal-3258	844	15	and	and	CCONJ
cjal-3258	844	16	non	non	ADJ
cjal-3258	844	17	-	-	ADJ
cjal-3258	844	18	tradable	tradable	ADJ
cjal-3258	844	19	shareholders	shareholder	NOUN
cjal-3258	844	20	.	.	PUNCT
cjal-3258	845	1	unlike	unlike	ADP
cjal-3258	845	2	the	the	DET
cjal-3258	845	3	nontradable	nontradable	ADJ
cjal-3258	845	4	shares	share	NOUN
cjal-3258	845	5	,	,	PUNCT
cjal-3258	845	6	which	which	PRON
cjal-3258	845	7	are	be	AUX
cjal-3258	845	8	usually	usually	ADV
cjal-3258	845	9	held	hold	VERB
cjal-3258	845	10	by	by	ADP
cjal-3258	845	11	a	a	DET
cjal-3258	845	12	very	very	ADV
cjal-3258	845	13	small	small	ADJ
cjal-3258	845	14	group	group	NOUN
cjal-3258	845	15	,	,	PUNCT
cjal-3258	845	16	the	the	DET
cjal-3258	845	17	tradable	tradable	ADJ
cjal-3258	845	18	shareholders	shareholder	NOUN
cjal-3258	845	19	are	be	AUX
cjal-3258	845	20	a	a	DET
cjal-3258	845	21	diverse	diverse	ADJ
cjal-3258	845	22	group	group	NOUN
cjal-3258	845	23	of	of	ADP
cjal-3258	845	24	small	small	ADJ
cjal-3258	845	25	-	-	PUNCT
cjal-3258	845	26	scale	scale	NOUN
cjal-3258	845	27	individual	individual	ADJ
cjal-3258	845	28	investors	investor	NOUN
cjal-3258	845	29	.	.	PUNCT
cjal-3258	846	1	their	their	PRON
cjal-3258	846	2	ability	ability	NOUN
cjal-3258	846	3	to	to	PART
cjal-3258	846	4	bring	bring	VERB
cjal-3258	846	5	about	about	ADP
cjal-3258	846	6	an	an	DET
cjal-3258	846	7	action	action	NOUN
cjal-3258	846	8	to	to	PART
cjal-3258	846	9	seek	seek	VERB
cjal-3258	846	10	compensation	compensation	NOUN
cjal-3258	846	11	under	under	ADP
cjal-3258	846	12	the	the	DET
cjal-3258	846	13	liability	liability	NOUN
cjal-3258	846	14	rule	rule	NOUN
cjal-3258	846	15	is	be	AUX
cjal-3258	846	16	severely	severely	ADV
cjal-3258	846	17	limited	limited	ADJ
cjal-3258	846	18	.	.	PUNCT
cjal-3258	847	1	there	there	PRON
cjal-3258	847	2	is	be	VERB
cjal-3258	847	3	also	also	ADV
cjal-3258	847	4	the	the	DET
cjal-3258	847	5	usual	usual	ADJ
cjal-3258	847	6	concern	concern	NOUN
cjal-3258	847	7	of	of	ADP
cjal-3258	847	8	freeriders	freerider	NOUN
cjal-3258	847	9	.	.	PUNCT
cjal-3258	848	1	thus	thus	ADV
cjal-3258	848	2	the	the	DET
cjal-3258	848	3	liability	liability	NOUN
cjal-3258	848	4	rule	rule	NOUN
cjal-3258	848	5	is	be	AUX
cjal-3258	848	6	likely	likely	ADJ
cjal-3258	848	7	to	to	PART
cjal-3258	848	8	lead	lead	VERB
cjal-3258	848	9	to	to	ADP
cjal-3258	848	10	enforcement	enforcement	NOUN
cjal-3258	848	11	problems	problem	NOUN
cjal-3258	848	12	and	and	CCONJ
cjal-3258	848	13	injustice	injustice	NOUN
cjal-3258	848	14	against	against	ADP
cjal-3258	848	15	those	those	DET
cjal-3258	848	16	tradable	tradable	ADJ
cjal-3258	848	17	shareholders	shareholder	NOUN
cjal-3258	848	18	not	not	PART
cjal-3258	848	19	well	well	ADV
cjal-3258	848	20	placed	place	VERB
cjal-3258	848	21	to	to	PART
cjal-3258	848	22	challenge	challenge	VERB
cjal-3258	848	23	any	any	DET
cjal-3258	848	24	inadequate	inadequate	ADJ
cjal-3258	848	25	compensation	compensation	NOUN
cjal-3258	848	26	.	.	PUNCT
cjal-3258	849	1	taken	take	VERB
cjal-3258	849	2	together	together	ADV
cjal-3258	849	3	,	,	PUNCT
cjal-3258	849	4	the	the	DET
cjal-3258	849	5	additional	additional	ADJ
cjal-3258	849	6	administrative	administrative	ADJ
cjal-3258	849	7	costs	cost	NOUN
cjal-3258	849	8	from	from	ADP
cjal-3258	849	9	the	the	DET
cjal-3258	849	10	judicial	judicial	ADJ
cjal-3258	849	11	or	or	CCONJ
cjal-3258	849	12	administrative	administrative	ADJ
cjal-3258	849	13	intermediaries	intermediary	NOUN
cjal-3258	849	14	under	under	ADP
cjal-3258	849	15	the	the	DET
cjal-3258	849	16	liability	liability	NOUN
cjal-3258	849	17	rule	rule	NOUN
cjal-3258	849	18	appears	appear	VERB
cjal-3258	849	19	to	to	PART
cjal-3258	849	20	outweigh	outweigh	VERB
cjal-3258	849	21	the	the	DET
cjal-3258	849	22	bargaining	bargaining	NOUN
cjal-3258	849	23	costs	cost	NOUN
cjal-3258	849	24	between	between	ADP
cjal-3258	849	25	the	the	DET
cjal-3258	849	26	parties	party	NOUN
cjal-3258	849	27	under	under	ADP
cjal-3258	849	28	the	the	DET
cjal-3258	849	29	property	property	NOUN
cjal-3258	849	30	rule	rule	NOUN
cjal-3258	849	31	,	,	PUNCT
cjal-3258	849	32	making	make	VERB
cjal-3258	849	33	the	the	DET
cjal-3258	849	34	property	property	NOUN
cjal-3258	849	35	rule	rule	NOUN
cjal-3258	849	36	more	more	ADV
cjal-3258	849	37	economically	economically	ADV
cjal-3258	849	38	efficient	efficient	ADJ
cjal-3258	849	39	than	than	ADP
cjal-3258	849	40	the	the	DET
cjal-3258	849	41	liability	liability	NOUN
cjal-3258	849	42	rule	rule	NOUN
cjal-3258	849	43	.	.	PUNCT
cjal-3258	850	1	'	'	PUNCT
cjal-3258	850	2	0	0	X
cjal-3258	850	3	'	'	PUNCT
cjal-3258	850	4	the	the	DET
cjal-3258	850	5	systems	system	NOUN
cjal-3258	850	6	of	of	ADP
cjal-3258	850	7	national	national	ADJ
cjal-3258	850	8	service	service	NOUN
cjal-3258	850	9	in	in	ADP
cjal-3258	850	10	singapore	singapore	PROPN
cjal-3258	850	11	and	and	CCONJ
cjal-3258	850	12	taiwan	taiwan	PROPN
cjal-3258	850	13	offer	offer	VERB
cjal-3258	850	14	examples	example	NOUN
cjal-3258	850	15	.	.	PUNCT
cjal-3258	851	1	the	the	DET
cjal-3258	851	2	government	government	NOUN
cjal-3258	851	3	must	must	AUX
cjal-3258	851	4	accept	accept	VERB
cjal-3258	851	5	the	the	DET
cjal-3258	851	6	national	national	ADJ
cjal-3258	851	7	service	service	NOUN
cjal-3258	851	8	of	of	ADP
cjal-3258	851	9	the	the	DET
cjal-3258	851	10	citizen	citizen	NOUN
cjal-3258	851	11	,	,	PUNCT
cjal-3258	851	12	regardless	regardless	ADV
cjal-3258	851	13	of	of	ADP
cjal-3258	851	14	whether	whether	SCONJ
cjal-3258	851	15	it	it	PRON
cjal-3258	851	16	is	be	AUX
cjal-3258	851	17	actually	actually	ADV
cjal-3258	851	18	in	in	ADP
cjal-3258	851	19	the	the	DET
cjal-3258	851	20	national	national	ADJ
cjal-3258	851	21	interest	interest	NOUN
cjal-3258	851	22	.	.	PUNCT
cjal-3258	852	1	this	this	PRON
cjal-3258	852	2	is	be	AUX
cjal-3258	852	3	particularly	particularly	ADV
cjal-3258	852	4	tricky	tricky	ADJ
cjal-3258	852	5	when	when	SCONJ
cjal-3258	852	6	it	it	PRON
cjal-3258	852	7	comes	come	VERB
cjal-3258	852	8	to	to	ADP
cjal-3258	852	9	certain	certain	ADJ
cjal-3258	852	10	ethnic	ethnic	ADJ
cjal-3258	852	11	or	or	CCONJ
cjal-3258	852	12	religious	religious	ADJ
cjal-3258	852	13	groups	group	NOUN
cjal-3258	852	14	,	,	PUNCT
cjal-3258	852	15	which	which	PRON
cjal-3258	852	16	may	may	AUX
cjal-3258	852	17	prove	prove	VERB
cjal-3258	852	18	more	more	ADJ
cjal-3258	852	19	a	a	DET
cjal-3258	852	20	threat	threat	NOUN
cjal-3258	852	21	than	than	ADP
cjal-3258	852	22	assistance	assistance	NOUN
cjal-3258	852	23	to	to	ADP
cjal-3258	852	24	national	national	ADJ
cjal-3258	852	25	defense	defense	NOUN
cjal-3258	852	26	.	.	PUNCT
cjal-3258	853	1	nonetheless	nonetheless	ADV
cjal-3258	853	2	,	,	PUNCT
cjal-3258	853	3	the	the	DET
cjal-3258	853	4	government	government	NOUN
cjal-3258	853	5	must	must	AUX
cjal-3258	853	6	still	still	ADV
cjal-3258	853	7	find	find	VERB
cjal-3258	853	8	places	place	NOUN
cjal-3258	853	9	to	to	PART
cjal-3258	853	10	accommodate	accommodate	VERB
cjal-3258	853	11	such	such	ADJ
cjal-3258	853	12	citizens	citizen	NOUN
cjal-3258	853	13	,	,	PUNCT
cjal-3258	853	14	usually	usually	ADV
cjal-3258	853	15	in	in	ADP
cjal-3258	853	16	some	some	DET
cjal-3258	853	17	less	less	ADV
cjal-3258	853	18	sensitive	sensitive	ADJ
cjal-3258	853	19	and	and	CCONJ
cjal-3258	853	20	unimportant	unimportant	ADJ
cjal-3258	853	21	position	position	NOUN
cjal-3258	853	22	,	,	PUNCT
cjal-3258	853	23	even	even	ADV
cjal-3258	853	24	though	though	SCONJ
cjal-3258	853	25	it	it	PRON
cjal-3258	853	26	might	might	AUX
cjal-3258	853	27	be	be	AUX
cjal-3258	853	28	cheaper	cheap	ADJ
cjal-3258	853	29	and	and	CCONJ
cjal-3258	853	30	less	less	ADV
cjal-3258	853	31	troublesome	troublesome	ADJ
cjal-3258	853	32	to	to	PART
cjal-3258	853	33	simply	simply	ADV
cjal-3258	853	34	not	not	PART
cjal-3258	853	35	enlist	enlist	VERB
cjal-3258	853	36	that	that	DET
cjal-3258	853	37	citizen	citizen	NOUN
cjal-3258	853	38	.	.	PUNCT
cjal-3258	854	1	2006	2006	NUM
cjal-3258	854	2	]	]	PUNCT
cjal-3258	854	3	339	339	NUM
cjal-3258	854	4	columbia	columbia	PROPN
cjal-3258	854	5	journal	journal	NOUN
cjal-3258	854	6	of	of	ADP
cjal-3258	854	7	asian	asian	PROPN
cjal-3258	854	8	la	la	PROPN
cjal-3258	854	9	w	w	PROPN
cjal-3258	854	10	nonetheless	nonetheless	ADV
cjal-3258	854	11	,	,	PUNCT
cjal-3258	854	12	the	the	DET
cjal-3258	854	13	property	property	NOUN
cjal-3258	854	14	rule	rule	NOUN
cjal-3258	854	15	inevitably	inevitably	ADV
cjal-3258	854	16	comes	come	VERB
cjal-3258	854	17	with	with	ADP
cjal-3258	854	18	the	the	DET
cjal-3258	854	19	risk	risk	NOUN
cjal-3258	854	20	of	of	ADP
cjal-3258	854	21	holdouts	holdout	NOUN
cjal-3258	854	22	,	,	PUNCT
cjal-3258	854	23	which	which	PRON
cjal-3258	854	24	will	will	AUX
cjal-3258	854	25	be	be	AUX
cjal-3258	854	26	discussed	discuss	VERB
cjal-3258	854	27	in	in	ADP
cjal-3258	854	28	greater	great	ADJ
cjal-3258	854	29	detail	detail	NOUN
cjal-3258	854	30	in	in	ADP
cjal-3258	854	31	the	the	DET
cjal-3258	854	32	next	next	ADJ
cjal-3258	854	33	part	part	NOUN
cjal-3258	854	34	.	.	PUNCT
cjal-3258	855	1	suffice	suffice	VERB
cjal-3258	855	2	it	it	PRON
cjal-3258	855	3	to	to	PART
cjal-3258	855	4	say	say	VERB
cjal-3258	855	5	now	now	ADV
cjal-3258	855	6	that	that	SCONJ
cjal-3258	855	7	this	this	DET
cjal-3258	855	8	risk	risk	NOUN
cjal-3258	855	9	is	be	AUX
cjal-3258	855	10	a	a	DET
cjal-3258	855	11	significant	significant	ADJ
cjal-3258	855	12	one	one	NOUN
cjal-3258	855	13	and	and	CCONJ
cjal-3258	855	14	has	have	VERB
cjal-3258	855	15	the	the	DET
cjal-3258	855	16	capacity	capacity	NOUN
cjal-3258	855	17	to	to	PART
cjal-3258	855	18	derail	derail	VERB
cjal-3258	855	19	the	the	DET
cjal-3258	855	20	reform	reform	NOUN
cjal-3258	855	21	process	process	NOUN
cjal-3258	855	22	if	if	SCONJ
cjal-3258	855	23	not	not	PART
cjal-3258	855	24	adequately	adequately	ADV
cjal-3258	855	25	addressed	address	VERB
cjal-3258	855	26	.	.	PUNCT
cjal-3258	856	1	here	here	ADV
cjal-3258	856	2	,	,	PUNCT
cjal-3258	856	3	the	the	DET
cjal-3258	856	4	mandatory	mandatory	ADJ
cjal-3258	856	5	transfer	transfer	NOUN
cjal-3258	856	6	rule	rule	NOUN
cjal-3258	856	7	may	may	AUX
cjal-3258	856	8	prove	prove	VERB
cjal-3258	856	9	useful	useful	ADJ
cjal-3258	856	10	because	because	SCONJ
cjal-3258	856	11	the	the	DET
cjal-3258	856	12	two	two	NUM
cjal-3258	856	13	conditions	condition	NOUN
cjal-3258	856	14	for	for	ADP
cjal-3258	856	15	efficiency	efficiency	NOUN
cjal-3258	856	16	discussed	discuss	VERB
cjal-3258	856	17	above	above	ADV
cjal-3258	856	18	are	be	AUX
cjal-3258	856	19	satisfied	satisfied	ADJ
cjal-3258	856	20	in	in	ADP
cjal-3258	856	21	our	our	PRON
cjal-3258	856	22	chinese	chinese	ADJ
cjal-3258	856	23	scenario	scenario	NOUN
cjal-3258	856	24	.	.	PUNCT
cjal-3258	857	1	first	first	ADV
cjal-3258	857	2	,	,	PUNCT
cjal-3258	857	3	enjoyment	enjoyment	NOUN
cjal-3258	857	4	of	of	ADP
cjal-3258	857	5	trading	trading	NOUN
cjal-3258	857	6	rights	right	NOUN
cjal-3258	857	7	by	by	ADP
cjal-3258	857	8	the	the	DET
cjal-3258	857	9	non	non	ADJ
cjal-3258	857	10	-	-	ADJ
cjal-3258	857	11	tradable	tradable	ADJ
cjal-3258	857	12	shareholders	shareholder	NOUN
cjal-3258	857	13	is	be	AUX
cjal-3258	857	14	an	an	DET
cjal-3258	857	15	efficient	efficient	ADJ
cjal-3258	857	16	allocation	allocation	NOUN
cjal-3258	857	17	,	,	PUNCT
cjal-3258	857	18	though	though	SCONJ
cjal-3258	857	19	the	the	DET
cjal-3258	857	20	tradable	tradable	ADJ
cjal-3258	857	21	shareholders	shareholder	NOUN
cjal-3258	857	22	should	should	AUX
cjal-3258	857	23	be	be	AUX
cjal-3258	857	24	properly	properly	ADV
cjal-3258	857	25	compensated	compensate	VERB
cjal-3258	857	26	by	by	ADP
cjal-3258	857	27	virtue	virtue	NOUN
cjal-3258	857	28	of	of	ADP
cjal-3258	857	29	givings	giving	NOUN
cjal-3258	857	30	doctrine	doctrine	NOUN
cjal-3258	857	31	.	.	PUNCT
cjal-3258	858	1	the	the	DET
cjal-3258	858	2	non	non	ADJ
cjal-3258	858	3	-	-	NOUN
cjal-3258	858	4	trading	trading	NOUN
cjal-3258	858	5	of	of	ADP
cjal-3258	858	6	certain	certain	ADJ
cjal-3258	858	7	shares	share	NOUN
cjal-3258	858	8	under	under	ADP
cjal-3258	858	9	the	the	DET
cjal-3258	858	10	split	split	ADJ
cjal-3258	858	11	share	share	NOUN
cjal-3258	858	12	structure	structure	NOUN
cjal-3258	858	13	is	be	AUX
cjal-3258	858	14	the	the	DET
cjal-3258	858	15	root	root	NOUN
cjal-3258	858	16	of	of	ADP
cjal-3258	858	17	many	many	ADJ
cjal-3258	858	18	market	market	NOUN
cjal-3258	858	19	structural	structural	ADJ
cjal-3258	858	20	deficiencies	deficiency	NOUN
cjal-3258	858	21	.	.	PUNCT
cjal-3258	859	1	on	on	ADP
cjal-3258	859	2	the	the	DET
cjal-3258	859	3	individual	individual	ADJ
cjal-3258	859	4	level	level	NOUN
cjal-3258	859	5	,	,	PUNCT
cjal-3258	859	6	the	the	DET
cjal-3258	859	7	non	non	ADJ
cjal-3258	859	8	-	-	NOUN
cjal-3258	859	9	trading	trading	NOUN
cjal-3258	859	10	of	of	ADP
cjal-3258	859	11	shares	share	NOUN
cjal-3258	859	12	results	result	NOUN
cjal-3258	859	13	in	in	ADP
cjal-3258	859	14	both	both	CCONJ
cjal-3258	859	15	significant	significant	ADJ
cjal-3258	859	16	opportunity	opportunity	NOUN
cjal-3258	859	17	costs	cost	NOUN
cjal-3258	859	18	and	and	CCONJ
cjal-3258	859	19	poor	poor	ADJ
cjal-3258	859	20	corporate	corporate	ADJ
cjal-3258	859	21	governance	governance	NOUN
cjal-3258	859	22	,	,	PUNCT
cjal-3258	859	23	and	and	CCONJ
cjal-3258	859	24	in	in	ADP
cjal-3258	859	25	fact	fact	NOUN
cjal-3258	859	26	,	,	PUNCT
cjal-3258	859	27	the	the	DET
cjal-3258	859	28	whole	whole	ADJ
cjal-3258	859	29	purpose	purpose	NOUN
cjal-3258	859	30	of	of	ADP
cjal-3258	859	31	the	the	DET
cjal-3258	859	32	reform	reform	NOUN
cjal-3258	859	33	is	be	AUX
cjal-3258	859	34	to	to	PART
cjal-3258	859	35	correct	correct	VERB
cjal-3258	859	36	these	these	DET
cjal-3258	859	37	developmental	developmental	ADJ
cjal-3258	859	38	abnormalities	abnormality	NOUN
cjal-3258	859	39	.	.	PUNCT
cjal-3258	860	1	second	second	ADJ
cjal-3258	860	2	,	,	PUNCT
cjal-3258	860	3	there	there	PRON
cjal-3258	860	4	is	be	VERB
cjal-3258	860	5	no	no	DET
cjal-3258	860	6	guarantee	guarantee	NOUN
cjal-3258	860	7	that	that	SCONJ
cjal-3258	860	8	the	the	DET
cjal-3258	860	9	non	non	ADJ
cjal-3258	860	10	-	-	ADJ
cjal-3258	860	11	tradable	tradable	ADJ
cjal-3258	860	12	shareholders	shareholder	NOUN
cjal-3258	860	13	will	will	AUX
cjal-3258	860	14	trade	trade	VERB
cjal-3258	860	15	,	,	PUNCT
cjal-3258	860	16	even	even	ADV
cjal-3258	860	17	under	under	ADP
cjal-3258	860	18	the	the	DET
cjal-3258	860	19	liability	liability	NOUN
cjal-3258	860	20	rule	rule	NOUN
cjal-3258	860	21	.	.	PUNCT
cjal-3258	861	1	for	for	ADP
cjal-3258	861	2	example	example	NOUN
cjal-3258	861	3	,	,	PUNCT
cjal-3258	861	4	the	the	DET
cjal-3258	861	5	non	non	ADJ
cjal-3258	861	6	-	-	ADJ
cjal-3258	861	7	tradable	tradable	ADJ
cjal-3258	861	8	shareholders	shareholder	NOUN
cjal-3258	861	9	in	in	ADP
cjal-3258	861	10	a	a	DET
cjal-3258	861	11	particular	particular	ADJ
cjal-3258	861	12	listed	list	VERB
cjal-3258	861	13	company	company	NOUN
cjal-3258	861	14	may	may	AUX
cjal-3258	861	15	be	be	AUX
cjal-3258	861	16	so	so	ADV
cjal-3258	861	17	diverse	diverse	ADJ
cjal-3258	861	18	that	that	SCONJ
cjal-3258	861	19	their	their	PRON
cjal-3258	861	20	various	various	ADJ
cjal-3258	861	21	conflicting	conflicting	ADJ
cjal-3258	861	22	personal	personal	ADJ
cjal-3258	861	23	interests	interest	NOUN
cjal-3258	861	24	will	will	AUX
cjal-3258	861	25	prevent	prevent	VERB
cjal-3258	861	26	an	an	DET
cjal-3258	861	27	agreement	agreement	NOUN
cjal-3258	861	28	on	on	ADP
cjal-3258	861	29	trading	trading	NOUN
cjal-3258	861	30	.	.	PUNCT
cjal-3258	862	1	they	they	PRON
cjal-3258	862	2	are	be	AUX
cjal-3258	862	3	also	also	ADV
cjal-3258	862	4	unlikely	unlikely	ADJ
cjal-3258	862	5	to	to	PART
cjal-3258	862	6	be	be	AUX
cjal-3258	862	7	too	too	ADV
cjal-3258	862	8	concerned	concerned	ADJ
cjal-3258	862	9	about	about	ADP
cjal-3258	862	10	the	the	DET
cjal-3258	862	11	benefits	benefit	NOUN
cjal-3258	862	12	to	to	ADP
cjal-3258	862	13	the	the	DET
cjal-3258	862	14	company	company	NOUN
cjal-3258	862	15	in	in	ADP
cjal-3258	862	16	terms	term	NOUN
cjal-3258	862	17	of	of	ADP
cjal-3258	862	18	better	well	ADJ
cjal-3258	862	19	corporate	corporate	ADJ
cjal-3258	862	20	governance	governance	NOUN
cjal-3258	862	21	and	and	CCONJ
cjal-3258	862	22	to	to	ADP
cjal-3258	862	23	the	the	DET
cjal-3258	862	24	chinese	chinese	ADJ
cjal-3258	862	25	stock	stock	NOUN
cjal-3258	862	26	market	market	NOUN
cjal-3258	862	27	through	through	ADP
cjal-3258	862	28	reforming	reform	VERB
cjal-3258	862	29	current	current	ADJ
cjal-3258	862	30	structural	structural	ADJ
cjal-3258	862	31	deficiencies	deficiency	NOUN
cjal-3258	862	32	,	,	PUNCT
cjal-3258	862	33	especially	especially	ADV
cjal-3258	862	34	when	when	SCONJ
cjal-3258	862	35	immediate	immediate	ADJ
cjal-3258	862	36	personal	personal	ADJ
cjal-3258	862	37	interests	interest	NOUN
cjal-3258	862	38	are	be	AUX
cjal-3258	862	39	at	at	ADP
cjal-3258	862	40	stake	stake	NOUN
cjal-3258	862	41	.	.	PUNCT
cjal-3258	863	1	hence	hence	ADV
cjal-3258	863	2	,	,	PUNCT
cjal-3258	863	3	imposing	impose	VERB
cjal-3258	863	4	a	a	DET
cjal-3258	863	5	mandatory	mandatory	ADJ
cjal-3258	863	6	transfer	transfer	NOUN
cjal-3258	863	7	rule	rule	NOUN
cjal-3258	863	8	that	that	PRON
cjal-3258	863	9	requires	require	VERB
cjal-3258	863	10	all	all	DET
cjal-3258	863	11	nontradable	nontradable	ADJ
cjal-3258	863	12	shareholders	shareholder	NOUN
cjal-3258	863	13	to	to	PART
cjal-3258	863	14	gain	gain	VERB
cjal-3258	863	15	the	the	DET
cjal-3258	863	16	trading	trading	NOUN
cjal-3258	863	17	right	right	NOUN
cjal-3258	863	18	of	of	ADP
cjal-3258	863	19	their	their	PRON
cjal-3258	863	20	shares	share	NOUN
cjal-3258	863	21	by	by	ADP
cjal-3258	863	22	paying	pay	VERB
cjal-3258	863	23	an	an	DET
cjal-3258	863	24	amount	amount	NOUN
cjal-3258	863	25	determined	determine	VERB
cjal-3258	863	26	by	by	ADP
cjal-3258	863	27	the	the	DET
cjal-3258	863	28	courts	court	NOUN
cjal-3258	863	29	or	or	CCONJ
cjal-3258	863	30	administrative	administrative	ADJ
cjal-3258	863	31	authorities	authority	NOUN
cjal-3258	863	32	may	may	AUX
cjal-3258	863	33	ensure	ensure	VERB
cjal-3258	863	34	that	that	SCONJ
cjal-3258	863	35	the	the	DET
cjal-3258	863	36	implementation	implementation	NOUN
cjal-3258	863	37	of	of	ADP
cjal-3258	863	38	reform	reform	NOUN
cjal-3258	863	39	for	for	ADP
cjal-3258	863	40	the	the	DET
cjal-3258	863	41	greater	great	ADJ
cjal-3258	863	42	good	good	NOUN
cjal-3258	863	43	is	be	AUX
cjal-3258	863	44	efficient	efficient	ADJ
cjal-3258	863	45	and	and	CCONJ
cjal-3258	863	46	effective	effective	ADJ
cjal-3258	863	47	.	.	PUNCT
cjal-3258	864	1	of	of	ADP
cjal-3258	864	2	course	course	NOUN
cjal-3258	864	3	,	,	PUNCT
cjal-3258	864	4	a	a	DET
cjal-3258	864	5	mandatory	mandatory	ADJ
cjal-3258	864	6	transfer	transfer	NOUN
cjal-3258	864	7	rule	rule	NOUN
cjal-3258	864	8	is	be	AUX
cjal-3258	864	9	a	a	DET
cjal-3258	864	10	drastic	drastic	ADJ
cjal-3258	864	11	action	action	NOUN
cjal-3258	864	12	unlikely	unlikely	ADJ
cjal-3258	864	13	to	to	PART
cjal-3258	864	14	prove	prove	VERB
cjal-3258	864	15	popular	popular	ADJ
cjal-3258	864	16	among	among	ADP
cjal-3258	864	17	both	both	CCONJ
cjal-3258	864	18	the	the	DET
cjal-3258	864	19	tradable	tradable	ADJ
cjal-3258	864	20	and	and	CCONJ
cjal-3258	864	21	non	non	ADJ
cjal-3258	864	22	-	-	ADJ
cjal-3258	864	23	tradable	tradable	ADJ
cjal-3258	864	24	shareholders	shareholder	NOUN
cjal-3258	864	25	.	.	PUNCT
cjal-3258	865	1	in	in	ADP
cjal-3258	865	2	the	the	DET
cjal-3258	865	3	context	context	NOUN
cjal-3258	865	4	of	of	ADP
cjal-3258	865	5	the	the	DET
cjal-3258	865	6	chinese	chinese	ADJ
cjal-3258	865	7	scenario	scenario	NOUN
cjal-3258	865	8	,	,	PUNCT
cjal-3258	865	9	we	we	PRON
cjal-3258	865	10	think	think	VERB
cjal-3258	865	11	that	that	SCONJ
cjal-3258	865	12	such	such	ADJ
cjal-3258	865	13	draconian	draconian	ADJ
cjal-3258	865	14	measures	measure	NOUN
cjal-3258	865	15	are	be	AUX
cjal-3258	865	16	unlikely	unlikely	ADJ
cjal-3258	865	17	to	to	PART
cjal-3258	865	18	be	be	AUX
cjal-3258	865	19	politically	politically	ADV
cjal-3258	865	20	or	or	CCONJ
cjal-3258	865	21	socially	socially	ADV
cjal-3258	865	22	acceptable	acceptable	ADJ
cjal-3258	865	23	at	at	ADP
cjal-3258	865	24	a	a	DET
cjal-3258	865	25	time	time	NOUN
cjal-3258	865	26	when	when	SCONJ
cjal-3258	865	27	china	china	PROPN
cjal-3258	865	28	is	be	AUX
cjal-3258	865	29	anxious	anxious	ADJ
cjal-3258	865	30	to	to	PART
cjal-3258	865	31	ensure	ensure	VERB
cjal-3258	865	32	her	her	PRON
cjal-3258	865	33	markets	market	NOUN
cjal-3258	865	34	are	be	AUX
cjal-3258	865	35	internationally	internationally	ADV
cjal-3258	865	36	attractive	attractive	ADJ
cjal-3258	865	37	.	.	PUNCT
cjal-3258	866	1	further	far	ADV
cjal-3258	866	2	,	,	PUNCT
cjal-3258	866	3	transaction	transaction	NOUN
cjal-3258	866	4	costs	cost	NOUN
cjal-3258	866	5	in	in	ADP
cjal-3258	866	6	the	the	DET
cjal-3258	866	7	form	form	NOUN
cjal-3258	866	8	of	of	ADP
cjal-3258	866	9	administrative	administrative	ADJ
cjal-3258	866	10	costs	cost	NOUN
cjal-3258	866	11	from	from	ADP
cjal-3258	866	12	the	the	DET
cjal-3258	866	13	judicial	judicial	ADJ
cjal-3258	866	14	or	or	CCONJ
cjal-3258	866	15	administrative	administrative	ADJ
cjal-3258	866	16	intermediaries	intermediary	NOUN
cjal-3258	866	17	will	will	AUX
cjal-3258	866	18	also	also	ADV
cjal-3258	866	19	impede	impede	VERB
cjal-3258	866	20	the	the	DET
cjal-3258	866	21	economic	economic	ADJ
cjal-3258	866	22	efficiency	efficiency	NOUN
cjal-3258	866	23	of	of	ADP
cjal-3258	866	24	the	the	DET
cjal-3258	866	25	reform	reform	NOUN
cjal-3258	866	26	.	.	PUNCT
cjal-3258	867	1	we	we	PRON
cjal-3258	867	2	do	do	AUX
cjal-3258	867	3	not	not	PART
cjal-3258	867	4	think	think	VERB
cjal-3258	867	5	that	that	SCONJ
cjal-3258	867	6	a	a	DET
cjal-3258	867	7	mandatory	mandatory	ADJ
cjal-3258	867	8	transfer	transfer	NOUN
cjal-3258	867	9	rule	rule	NOUN
cjal-3258	867	10	is	be	AUX
cjal-3258	867	11	preferable	preferable	ADJ
cjal-3258	867	12	to	to	ADP
cjal-3258	867	13	the	the	DET
cjal-3258	867	14	property	property	NOUN
cjal-3258	867	15	rule	rule	NOUN
cjal-3258	867	16	used	use	VERB
cjal-3258	867	17	in	in	ADP
cjal-3258	867	18	the	the	DET
cjal-3258	867	19	implemented	implement	VERB
cjal-3258	867	20	reform	reform	NOUN
cjal-3258	867	21	,	,	PUNCT
cjal-3258	867	22	but	but	CCONJ
cjal-3258	867	23	do	do	AUX
cjal-3258	867	24	not	not	PART
cjal-3258	867	25	discount	discount	VERB
cjal-3258	867	26	the	the	DET
cjal-3258	867	27	possibility	possibility	NOUN
cjal-3258	867	28	of	of	ADP
cjal-3258	867	29	its	its	PRON
cjal-3258	867	30	superiority	superiority	NOUN
cjal-3258	867	31	in	in	ADP
cjal-3258	867	32	future	future	ADJ
cjal-3258	867	33	cases	case	NOUN
cjal-3258	867	34	where	where	SCONJ
cjal-3258	867	35	the	the	DET
cjal-3258	867	36	net	net	ADJ
cjal-3258	867	37	positive	positive	ADJ
cjal-3258	867	38	externalities	externality	NOUN
cjal-3258	867	39	are	be	AUX
cjal-3258	867	40	greater	great	ADJ
cjal-3258	867	41	and	and	CCONJ
cjal-3258	867	42	the	the	DET
cjal-3258	867	43	political	political	ADJ
cjal-3258	867	44	obstacles	obstacle	NOUN
cjal-3258	867	45	are	be	AUX
cjal-3258	867	46	fewer	few	ADJ
cjal-3258	867	47	.	.	PUNCT
cjal-3258	868	1	policies	policy	NOUN
cjal-3258	868	2	and	and	CCONJ
cjal-3258	868	3	laws	law	NOUN
cjal-3258	868	4	should	should	AUX
cjal-3258	868	5	not	not	PART
cjal-3258	868	6	neglect	neglect	VERB
cjal-3258	868	7	equity	equity	NOUN
cjal-3258	868	8	in	in	ADP
cjal-3258	868	9	their	their	PRON
cjal-3258	868	10	bid	bid	NOUN
cjal-3258	868	11	for	for	ADP
cjal-3258	868	12	wealth	wealth	NOUN
cjal-3258	868	13	maximization	maximization	NOUN
cjal-3258	868	14	.	.	PUNCT
cjal-3258	869	1	equity	equity	NOUN
cjal-3258	869	2	mainly	mainly	ADV
cjal-3258	869	3	concerns	concern	VERB
cjal-3258	869	4	the	the	DET
cjal-3258	869	5	wealth	wealth	NOUN
cjal-3258	869	6	distributional	distributional	ADJ
cjal-3258	869	7	effects	effect	NOUN
cjal-3258	869	8	and	and	CCONJ
cjal-3258	869	9	justice	justice	NOUN
cjal-3258	869	10	issues	issue	NOUN
cjal-3258	869	11	.	.	PUNCT
cjal-3258	870	1	wealth	wealth	NOUN
cjal-3258	870	2	distribution	distribution	NOUN
cjal-3258	870	3	preferences	preference	NOUN
cjal-3258	870	4	play	play	VERB
cjal-3258	870	5	a	a	DET
cjal-3258	870	6	crucial	crucial	ADJ
cjal-3258	870	7	role	role	NOUN
cjal-3258	870	8	in	in	ADP
cjal-3258	870	9	the	the	DET
cjal-3258	870	10	setting	setting	NOUN
cjal-3258	870	11	of	of	ADP
cjal-3258	870	12	entitlements.20	entitlements.20	PROPN
cjal-3258	870	13	6	6	NUM
cjal-3258	870	14	property	property	NOUN
cjal-3258	870	15	rule	rule	NOUN
cjal-3258	870	16	protection	protection	NOUN
cjal-3258	870	17	gives	give	VERB
cjal-3258	870	18	a	a	DET
cjal-3258	870	19	greater	great	ADJ
cjal-3258	870	20	2o6	2o6	NUM
cjal-3258	870	21	calabresi	calabresi	NOUN
cjal-3258	870	22	&	&	CCONJ
cjal-3258	870	23	melamed	melamed	PROPN
cjal-3258	870	24	,	,	PUNCT
cjal-3258	870	25	supra	supra	PROPN
cjal-3258	870	26	note	note	NOUN
cjal-3258	870	27	191	191	NUM
cjal-3258	870	28	,	,	PUNCT
cjal-3258	870	29	at	at	ADP
cjal-3258	870	30	1098	1098	NUM
cjal-3258	870	31	.	.	PUNCT
cjal-3258	871	1	340	340	NUM
cjal-3258	872	1	[	[	X
cjal-3258	872	2	20:1	20:1	NUM
cjal-3258	872	3	regula	regula	NOUN
cjal-3258	872	4	tory	tory	NOUN
cjal-3258	872	5	gi	gi	VERB
cjal-3258	872	6	vings	ving	NOUN
cjal-3258	872	7	in	in	ADP
cjal-3258	872	8	china	china	PROPN
cjal-3258	872	9	respect	respect	NOUN
cjal-3258	872	10	to	to	ADP
cjal-3258	872	11	personal	personal	ADJ
cjal-3258	872	12	autonomy	autonomy	NOUN
cjal-3258	872	13	that	that	PRON
cjal-3258	872	14	is	be	AUX
cjal-3258	872	15	important	important	ADJ
cjal-3258	872	16	in	in	ADP
cjal-3258	872	17	protecting	protect	VERB
cjal-3258	872	18	the	the	DET
cjal-3258	872	19	subjective	subjective	ADJ
cjal-3258	872	20	value	value	NOUN
cjal-3258	872	21	of	of	ADP
cjal-3258	872	22	property	property	NOUN
cjal-3258	872	23	.	.	PUNCT
cjal-3258	873	1	20	20	NUM
cjal-3258	873	2	7	7	NUM
cjal-3258	873	3	since	since	SCONJ
cjal-3258	873	4	the	the	DET
cjal-3258	873	5	property	property	NOUN
cjal-3258	873	6	rule	rule	NOUN
cjal-3258	873	7	is	be	AUX
cjal-3258	873	8	by	by	ADP
cjal-3258	873	9	default	default	NOUN
cjal-3258	873	10	a	a	DET
cjal-3258	873	11	privatized	privatized	ADJ
cjal-3258	873	12	solution	solution	NOUN
cjal-3258	873	13	,	,	PUNCT
cjal-3258	873	14	while	while	SCONJ
cjal-3258	873	15	the	the	DET
cjal-3258	873	16	liability	liability	NOUN
cjal-3258	873	17	rule	rule	NOUN
cjal-3258	873	18	and	and	CCONJ
cjal-3258	873	19	mandatory	mandatory	ADJ
cjal-3258	873	20	transfer	transfer	NOUN
cjal-3258	873	21	rule	rule	NOUN
cjal-3258	873	22	necessarily	necessarily	ADV
cjal-3258	873	23	involve	involve	VERB
cjal-3258	873	24	government	government	NOUN
cjal-3258	873	25	administrative	administrative	ADJ
cjal-3258	873	26	or	or	CCONJ
cjal-3258	873	27	judiciary	judiciary	NOUN
cjal-3258	873	28	intermediaries	intermediary	NOUN
cjal-3258	873	29	,	,	PUNCT
cjal-3258	873	30	we	we	PRON
cjal-3258	873	31	now	now	ADV
cjal-3258	873	32	consider	consider	VERB
cjal-3258	873	33	the	the	DET
cjal-3258	873	34	equity	equity	NOUN
cjal-3258	873	35	factor	factor	NOUN
cjal-3258	873	36	.	.	PUNCT
cjal-3258	874	1	b.	b.	PROPN
cjal-3258	874	2	privatized	privatize	VERB
cjal-3258	874	3	bargaining	bargaining	NOUN
cjal-3258	874	4	issues	issue	NOUN
cjal-3258	874	5	the	the	DET
cjal-3258	874	6	implemented	implement	VERB
cjal-3258	874	7	reform	reform	NOUN
cjal-3258	874	8	is	be	AUX
cjal-3258	874	9	essentially	essentially	ADV
cjal-3258	874	10	a	a	DET
cjal-3258	874	11	privatized	privatized	ADJ
cjal-3258	874	12	bargaining	bargaining	NOUN
cjal-3258	874	13	process	process	NOUN
cjal-3258	874	14	between	between	ADP
cjal-3258	874	15	the	the	DET
cjal-3258	874	16	non	non	ADJ
cjal-3258	874	17	-	-	ADJ
cjal-3258	874	18	tradable	tradable	ADJ
cjal-3258	874	19	and	and	CCONJ
cjal-3258	874	20	tradable	tradable	ADJ
cjal-3258	874	21	shareholders	shareholder	NOUN
cjal-3258	874	22	.	.	PUNCT
cjal-3258	875	1	the	the	DET
cjal-3258	875	2	marketbased	marketbase	VERB
cjal-3258	875	3	and	and	CCONJ
cjal-3258	875	4	private	private	ADJ
cjal-3258	875	5	bargaining	bargaining	NOUN
cjal-3258	875	6	elements	element	NOUN
cjal-3258	875	7	of	of	ADP
cjal-3258	875	8	the	the	DET
cjal-3258	875	9	reform	reform	NOUN
cjal-3258	875	10	have	have	AUX
cjal-3258	875	11	been	be	AUX
cjal-3258	875	12	repeatedly	repeatedly	ADV
cjal-3258	875	13	emphasized	emphasize	VERB
cjal-3258	875	14	in	in	ADP
cjal-3258	875	15	the	the	DET
cjal-3258	875	16	relevant	relevant	ADJ
cjal-3258	875	17	guidelines	guideline	NOUN
cjal-3258	875	18	and	and	CCONJ
cjal-3258	875	19	regulations.20	regulations.20	NOUN
cjal-3258	875	20	8	8	NUM
cjal-3258	876	1	the	the	DET
cjal-3258	876	2	reform	reform	NOUN
cjal-3258	876	3	is	be	AUX
cjal-3258	876	4	to	to	PART
cjal-3258	876	5	be	be	AUX
cjal-3258	876	6	implemented	implement	VERB
cjal-3258	876	7	through	through	ADP
cjal-3258	876	8	interest	interest	NOUN
cjal-3258	876	9	balancing	balance	VERB
cjal-3258	876	10	negotiation	negotiation	NOUN
cjal-3258	876	11	mechanisms	mechanism	NOUN
cjal-3258	876	12	between	between	ADP
cjal-3258	876	13	the	the	DET
cjal-3258	876	14	non	non	ADJ
cjal-3258	876	15	-	-	ADJ
cjal-3258	876	16	tradable	tradable	ADJ
cjal-3258	876	17	shareholders	shareholder	NOUN
cjal-3258	876	18	and	and	CCONJ
cjal-3258	876	19	tradable	tradable	ADJ
cjal-3258	876	20	shareholders	shareholder	NOUN
cjal-3258	876	21	,	,	PUNCT
cjal-3258	876	22	essentially	essentially	ADV
cjal-3258	876	23	employing	employ	VERB
cjal-3258	876	24	a	a	DET
cjal-3258	876	25	privatization	privatization	NOUN
cjal-3258	876	26	solution	solution	NOUN
cjal-3258	876	27	to	to	ADP
cjal-3258	876	28	the	the	DET
cjal-3258	876	29	reform	reform	NOUN
cjal-3258	876	30	.	.	PUNCT
cjal-3258	877	1	9	9	NUM
cjal-3258	877	2	there	there	PRON
cjal-3258	877	3	are	be	VERB
cjal-3258	877	4	merits	merit	NOUN
cjal-3258	877	5	to	to	ADP
cjal-3258	877	6	privatizing	privatize	VERB
cjal-3258	877	7	this	this	DET
cjal-3258	877	8	reform	reform	NOUN
cjal-3258	877	9	.	.	PUNCT
cjal-3258	878	1	the	the	DET
cjal-3258	878	2	first	first	ADJ
cjal-3258	878	3	is	be	AUX
cjal-3258	878	4	that	that	SCONJ
cjal-3258	878	5	individual	individual	ADJ
cjal-3258	878	6	autonomy	autonomy	NOUN
cjal-3258	878	7	is	be	AUX
cjal-3258	878	8	respected	respect	VERB
cjal-3258	878	9	.	.	PUNCT
cjal-3258	879	1	this	this	PRON
cjal-3258	879	2	is	be	AUX
cjal-3258	879	3	meritorious	meritorious	ADJ
cjal-3258	879	4	because	because	SCONJ
cjal-3258	879	5	it	it	PRON
cjal-3258	879	6	increases	increase	VERB
cjal-3258	879	7	the	the	DET
cjal-3258	879	8	market	market	NOUN
cjal-3258	879	9	and	and	CCONJ
cjal-3258	879	10	political	political	ADJ
cjal-3258	879	11	acceptability	acceptability	NOUN
cjal-3258	879	12	of	of	ADP
cjal-3258	879	13	the	the	DET
cjal-3258	879	14	reform	reform	NOUN
cjal-3258	879	15	.	.	PUNCT
cjal-3258	880	1	similar	similar	ADJ
cjal-3258	880	2	to	to	ADP
cjal-3258	880	3	democratic	democratic	ADJ
cjal-3258	880	4	elections	election	NOUN
cjal-3258	880	5	,	,	PUNCT
cjal-3258	880	6	participation	participation	NOUN
cjal-3258	880	7	in	in	ADP
cjal-3258	880	8	the	the	DET
cjal-3258	880	9	decision	decision	NOUN
cjal-3258	880	10	-	-	PUNCT
cjal-3258	880	11	making	make	VERB
cjal-3258	880	12	process	process	NOUN
cjal-3258	880	13	allows	allow	VERB
cjal-3258	880	14	the	the	DET
cjal-3258	880	15	parties	party	NOUN
cjal-3258	880	16	to	to	PART
cjal-3258	880	17	better	well	ADV
cjal-3258	880	18	accept	accept	VERB
cjal-3258	880	19	outcomes	outcome	NOUN
cjal-3258	880	20	that	that	PRON
cjal-3258	880	21	are	be	AUX
cjal-3258	880	22	not	not	PART
cjal-3258	880	23	favorable	favorable	ADJ
cjal-3258	880	24	to	to	ADP
cjal-3258	880	25	them	they	PRON
cjal-3258	880	26	,	,	PUNCT
cjal-3258	880	27	and	and	CCONJ
cjal-3258	880	28	possible	possible	ADJ
cjal-3258	880	29	demoralization	demoralization	NOUN
cjal-3258	880	30	costs	cost	NOUN
cjal-3258	880	31	from	from	ADP
cjal-3258	880	32	any	any	DET
cjal-3258	880	33	loss	loss	NOUN
cjal-3258	880	34	suffered	suffer	VERB
cjal-3258	880	35	in	in	ADP
cjal-3258	880	36	the	the	DET
cjal-3258	880	37	process	process	NOUN
cjal-3258	880	38	is	be	AUX
cjal-3258	880	39	likely	likely	ADJ
cjal-3258	880	40	to	to	PART
cjal-3258	880	41	be	be	AUX
cjal-3258	880	42	lower	low	ADJ
cjal-3258	880	43	as	as	ADV
cjal-3258	880	44	well	well	ADV
cjal-3258	880	45	.	.	PUNCT
cjal-3258	881	1	second	second	ADJ
cjal-3258	881	2	,	,	PUNCT
cjal-3258	881	3	privatization	privatization	NOUN
cjal-3258	881	4	achieves	achieve	VERB
cjal-3258	881	5	a	a	DET
cjal-3258	881	6	higher	high	ADJ
cjal-3258	881	7	degree	degree	NOUN
cjal-3258	881	8	of	of	ADP
cjal-3258	881	9	efficiency	efficiency	NOUN
cjal-3258	881	10	by	by	ADP
cjal-3258	881	11	tapping	tap	VERB
cjal-3258	881	12	into	into	ADP
cjal-3258	881	13	the	the	DET
cjal-3258	881	14	intellectual	intellectual	ADJ
cjal-3258	881	15	resources	resource	NOUN
cjal-3258	881	16	of	of	ADP
cjal-3258	881	17	all	all	DET
cjal-3258	881	18	the	the	DET
cjal-3258	881	19	relevant	relevant	ADJ
cjal-3258	881	20	parties.2t0	parties.2t0	NOUN
cjal-3258	881	21	in	in	ADP
cjal-3258	881	22	contrast	contrast	NOUN
cjal-3258	881	23	to	to	ADP
cjal-3258	881	24	judicial	judicial	ADJ
cjal-3258	881	25	or	or	CCONJ
cjal-3258	881	26	administrative	administrative	ADJ
cjal-3258	881	27	intermediaries	intermediary	NOUN
cjal-3258	881	28	,	,	PUNCT
cjal-3258	881	29	the	the	DET
cjal-3258	881	30	"	"	PUNCT
cjal-3258	881	31	a	a	DET
cjal-3258	881	32	"	"	PUNCT
cjal-3258	881	33	shareholders	shareholder	NOUN
cjal-3258	881	34	have	have	VERB
cjal-3258	881	35	an	an	DET
cjal-3258	881	36	intimate	intimate	ADJ
cjal-3258	881	37	knowledge	knowledge	NOUN
cjal-3258	881	38	of	of	ADP
cjal-3258	881	39	their	their	PRON
cjal-3258	881	40	specific	specific	ADJ
cjal-3258	881	41	circumstances	circumstance	NOUN
cjal-3258	881	42	.	.	PUNCT
cjal-3258	882	1	they	they	PRON
cjal-3258	882	2	are	be	AUX
cjal-3258	882	3	also	also	ADV
cjal-3258	882	4	more	more	ADV
cjal-3258	882	5	likely	likely	ADJ
cjal-3258	882	6	to	to	PART
cjal-3258	882	7	come	come	VERB
cjal-3258	882	8	up	up	ADP
cjal-3258	882	9	with	with	ADP
cjal-3258	882	10	market	market	NOUN
cjal-3258	882	11	innovations	innovation	NOUN
cjal-3258	882	12	that	that	PRON
cjal-3258	882	13	will	will	AUX
cjal-3258	882	14	provide	provide	VERB
cjal-3258	882	15	a	a	DET
cjal-3258	882	16	win	win	NOUN
cjal-3258	882	17	-	-	PUNCT
cjal-3258	882	18	win	win	NOUN
cjal-3258	882	19	situation	situation	NOUN
cjal-3258	882	20	for	for	ADP
cjal-3258	882	21	the	the	DET
cjal-3258	882	22	parties211	parties211	PROPN
cjal-3258	882	23	after	after	ADV
cjal-3258	882	24	all	all	ADV
cjal-3258	882	25	,	,	PUNCT
cjal-3258	882	26	it	it	PRON
cjal-3258	882	27	is	be	AUX
cjal-3258	882	28	their	their	PRON
cjal-3258	882	29	personal	personal	ADJ
cjal-3258	882	30	interests	interest	NOUN
cjal-3258	882	31	at	at	ADP
cjal-3258	882	32	stake	stake	NOUN
cjal-3258	882	33	.	.	PUNCT
cjal-3258	883	1	third	third	ADV
cjal-3258	883	2	,	,	PUNCT
cjal-3258	883	3	there	there	PRON
cjal-3258	883	4	is	be	VERB
cjal-3258	883	5	more	more	ADJ
cjal-3258	883	6	transparency	transparency	NOUN
cjal-3258	883	7	and	and	CCONJ
cjal-3258	883	8	less	less	ADJ
cjal-3258	883	9	chance	chance	NOUN
cjal-3258	883	10	of	of	ADP
cjal-3258	883	11	abuse	abuse	NOUN
cjal-3258	883	12	under	under	ADP
cjal-3258	883	13	a	a	DET
cjal-3258	883	14	privatized	privatized	ADJ
cjal-3258	883	15	reform	reform	NOUN
cjal-3258	883	16	.	.	PUNCT
cjal-3258	884	1	"	"	PUNCT
cjal-3258	884	2	black	black	ADJ
cjal-3258	884	3	box	box	NOUN
cjal-3258	884	4	operation	operation	NOUN
cjal-3258	884	5	"	"	PUNCT
cjal-3258	884	6	is	be	AUX
cjal-3258	884	7	often	often	ADV
cjal-3258	884	8	2	2	NUM
cjal-3258	884	9	"	"	SYM
cjal-3258	884	10	7	7	NUM
cjal-3258	884	11	i	i	PROPN
cjal-3258	884	12	d.	d.	PROPN
cjal-3258	884	13	at	at	ADP
cjal-3258	884	14	1108	1108	NUM
cjal-3258	884	15	.	.	PUNCT
cjal-3258	885	1	208	208	NUM
cjal-3258	885	2	guiding	guide	VERB
cjal-3258	885	3	opinions	opinion	NOUN
cjal-3258	885	4	,	,	PUNCT
cjal-3258	885	5	supra	supra	PROPN
cjal-3258	885	6	note	note	NOUN
cjal-3258	885	7	23	23	NUM
cjal-3258	885	8	,	,	PUNCT
cjal-3258	885	9	6	6	NUM
cjal-3258	885	10	,	,	PUNCT
cjal-3258	885	11	8	8	NUM
cjal-3258	885	12	;	;	PUNCT
cjal-3258	885	13	administrative	administrative	ADJ
cjal-3258	885	14	measures	measure	NOUN
cjal-3258	885	15	,	,	PUNCT
cjal-3258	885	16	supra	supra	PROPN
cjal-3258	885	17	note	note	NOUN
cjal-3258	885	18	55	55	NUM
cjal-3258	885	19	,	,	PUNCT
cjal-3258	885	20	§	§	PROPN
cjal-3258	885	21	2	2	NUM
cjal-3258	885	22	.	.	NOUN
cjal-3258	885	23	209	209	NUM
cjal-3258	885	24	though	though	SCONJ
cjal-3258	885	25	it	it	PRON
cjal-3258	885	26	may	may	AUX
cjal-3258	885	27	not	not	PART
cjal-3258	885	28	be	be	AUX
cjal-3258	885	29	immediately	immediately	ADV
cjal-3258	885	30	apparent	apparent	ADJ
cjal-3258	885	31	,	,	PUNCT
cjal-3258	885	32	the	the	DET
cjal-3258	885	33	chinese	chinese	PROPN
cjal-3258	885	34	implemented	implement	VERB
cjal-3258	885	35	reform	reform	NOUN
cjal-3258	885	36	is	be	AUX
cjal-3258	885	37	actually	actually	ADV
cjal-3258	885	38	no	no	ADV
cjal-3258	885	39	different	different	ADJ
cjal-3258	885	40	from	from	ADP
cjal-3258	885	41	the	the	DET
cjal-3258	885	42	usual	usual	ADJ
cjal-3258	885	43	privatization	privatization	NOUN
cjal-3258	885	44	solution	solution	NOUN
cjal-3258	885	45	.	.	PUNCT
cjal-3258	886	1	privatization	privatization	NOUN
cjal-3258	886	2	usually	usually	ADV
cjal-3258	886	3	refers	refer	VERB
cjal-3258	886	4	to	to	ADP
cjal-3258	886	5	the	the	DET
cjal-3258	886	6	giving	giving	NOUN
cjal-3258	886	7	of	of	ADP
cjal-3258	886	8	property	property	NOUN
cjal-3258	886	9	rights	right	NOUN
cjal-3258	886	10	to	to	ADP
cjal-3258	886	11	private	private	ADJ
cjal-3258	886	12	parties	party	NOUN
cjal-3258	886	13	in	in	ADP
cjal-3258	886	14	the	the	DET
cjal-3258	886	15	context	context	NOUN
cjal-3258	886	16	of	of	ADP
cjal-3258	886	17	public	public	ADJ
cjal-3258	886	18	goods	good	NOUN
cjal-3258	886	19	.	.	PUNCT
cjal-3258	887	1	however	however	ADV
cjal-3258	887	2	,	,	PUNCT
cjal-3258	887	3	the	the	DET
cjal-3258	887	4	essence	essence	NOUN
cjal-3258	887	5	of	of	ADP
cjal-3258	887	6	privatization	privatization	NOUN
cjal-3258	887	7	is	be	AUX
cjal-3258	887	8	the	the	DET
cjal-3258	887	9	private	private	ADJ
cjal-3258	887	10	bargaining	bargaining	NOUN
cjal-3258	887	11	between	between	ADP
cjal-3258	887	12	the	the	DET
cjal-3258	887	13	parties	party	NOUN
cjal-3258	887	14	as	as	SCONJ
cjal-3258	887	15	opposed	oppose	VERB
cjal-3258	887	16	to	to	ADP
cjal-3258	887	17	the	the	DET
cjal-3258	887	18	government	government	NOUN
cjal-3258	887	19	administrative	administrative	ADJ
cjal-3258	887	20	allocating	allocate	VERB
cjal-3258	887	21	resources	resource	NOUN
cjal-3258	887	22	.	.	PUNCT
cjal-3258	888	1	instead	instead	ADV
cjal-3258	888	2	of	of	ADP
cjal-3258	888	3	the	the	DET
cjal-3258	888	4	chinese	chinese	ADJ
cjal-3258	888	5	government	government	NOUN
cjal-3258	888	6	administratively	administratively	ADV
cjal-3258	888	7	assessing	assess	VERB
cjal-3258	888	8	compensation	compensation	NOUN
cjal-3258	888	9	,	,	PUNCT
cjal-3258	888	10	the	the	DET
cjal-3258	888	11	tradable	tradable	ADJ
cjal-3258	888	12	shareholders	shareholder	NOUN
cjal-3258	888	13	are	be	AUX
cjal-3258	888	14	given	give	VERB
cjal-3258	888	15	the	the	DET
cjal-3258	888	16	quasi	quasi	ADJ
cjal-3258	888	17	private	private	ADJ
cjal-3258	888	18	property	property	NOUN
cjal-3258	888	19	right	right	NOUN
cjal-3258	888	20	of	of	ADP
cjal-3258	888	21	"	"	PUNCT
cjal-3258	888	22	anti	anti	ADJ
cjal-3258	888	23	-	-	ADJ
cjal-3258	888	24	trading	trading	ADJ
cjal-3258	888	25	"	"	PUNCT
cjal-3258	888	26	(	(	PUNCT
cjal-3258	888	27	ability	ability	NOUN
cjal-3258	888	28	to	to	PART
cjal-3258	888	29	veto	veto	VERB
cjal-3258	888	30	the	the	DET
cjal-3258	888	31	trading	trading	NOUN
cjal-3258	888	32	of	of	ADP
cjal-3258	888	33	non	non	ADJ
cjal-3258	888	34	-	-	ADJ
cjal-3258	888	35	tradable	tradable	ADJ
cjal-3258	888	36	shares	share	NOUN
cjal-3258	888	37	)	)	PUNCT
cjal-3258	888	38	which	which	PRON
cjal-3258	888	39	the	the	DET
cjal-3258	888	40	non	non	ADJ
cjal-3258	888	41	-	-	ADJ
cjal-3258	888	42	tradable	tradable	ADJ
cjal-3258	888	43	shareholders	shareholder	NOUN
cjal-3258	888	44	have	have	VERB
cjal-3258	888	45	to	to	PART
cjal-3258	888	46	bargain	bargain	VERB
cjal-3258	888	47	for	for	ADP
cjal-3258	888	48	directly	directly	ADV
cjal-3258	888	49	from	from	ADP
cjal-3258	888	50	the	the	DET
cjal-3258	888	51	tradable	tradable	ADJ
cjal-3258	888	52	shareholders	shareholder	NOUN
cjal-3258	888	53	.	.	PUNCT
cjal-3258	889	1	21	21	NUM
cjal-3258	889	2	°	°	NUM
cjal-3258	889	3	otann	otann	PROPN
cjal-3258	889	4	]	]	PUNCT
cjal-3258	889	5	,	,	PUNCT
cjal-3258	889	6	frk	frk	PROPN
cjal-3258	889	7	:	:	PUNCT
cjal-3258	889	8	a	a	DET
cjal-3258	889	9	i	i	PRON
cjal-3258	889	10	[	[	PUNCT
cjal-3258	889	11	[	[	X
cjal-3258	889	12	wang	wang	PROPN
cjal-3258	889	13	guogang	guogang	PROPN
cjal-3258	889	14	,	,	PUNCT
cjal-3258	889	15	public	public	ADJ
cjal-3258	889	16	interest	interest	NOUN
cjal-3258	889	17	:	:	PUNCT
cjal-3258	889	18	conceptual	conceptual	ADJ
cjal-3258	889	19	basis	basis	NOUN
cjal-3258	889	20	of	of	ADP
cjal-3258	889	21	split	split	ADJ
cjal-3258	889	22	share	share	NOUN
cjal-3258	889	23	structure	structure	NOUN
cjal-3258	889	24	reform	reform	NOUN
cjal-3258	889	25	]	]	PUNCT
cjal-3258	889	26	,	,	PUNCT
cjal-3258	889	27	±[wioik[shanghai	±[wioik[shanghai	NUM
cjal-3258	889	28	securities	security	NOUN
cjal-3258	889	29	news	news	NOUN
cjal-3258	889	30	]	]	PUNCT
cjal-3258	889	31	jan	jan	PROPN
cjal-3258	889	32	.	.	PROPN
cjal-3258	889	33	20	20	NUM
cjal-3258	889	34	,	,	PUNCT
cjal-3258	889	35	2006	2006	NUM
cjal-3258	889	36	,	,	PUNCT
cjal-3258	889	37	at	at	ADP
cjal-3258	889	38	a9	a9	NOUN
cjal-3258	889	39	,	,	PUNCT
cjal-3258	889	40	available	available	ADJ
cjal-3258	889	41	at	at	ADP
cjal-3258	889	42	http://www.cnstock.com/ssnews/2006-1	http://www.cnstock.com/ssnews/2006-1	PROPN
cjal-3258	889	43	-20	-20	NUM
cjal-3258	889	44	/	/	SYM
cjal-3258	889	45	default.htm	default.htm	X
cjal-3258	889	46	.	.	PUNCT
cjal-3258	890	1	211	211	NUM
cjal-3258	890	2	i	i	PRON
cjal-3258	890	3	d.	d.	PROPN
cjal-3258	890	4	20061	20061	NUM
cjal-3258	890	5	columbia	columbia	PROPN
cjal-3258	890	6	journal	journal	PROPN
cjal-3258	890	7	of	of	ADP
cjal-3258	890	8	asian	asian	ADJ
cjal-3258	890	9	law	law	NOUN
cjal-3258	890	10	associated	associate	VERB
cjal-3258	890	11	with	with	ADP
cjal-3258	890	12	centrally	centrally	ADV
cjal-3258	890	13	administered	administer	VERB
cjal-3258	890	14	reform	reform	NOUN
cjal-3258	890	15	by	by	ADP
cjal-3258	890	16	government	government	NOUN
cjal-3258	890	17	bureaucracies	bureaucracy	NOUN
cjal-3258	890	18	.	.	PUNCT
cjal-3258	891	1	there	there	PRON
cjal-3258	891	2	is	be	VERB
cjal-3258	891	3	also	also	ADV
cjal-3258	891	4	the	the	DET
cjal-3258	891	5	risk	risk	NOUN
cjal-3258	891	6	of	of	ADP
cjal-3258	891	7	abuses	abuse	NOUN
cjal-3258	891	8	and	and	CCONJ
cjal-3258	891	9	undue	undue	ADJ
cjal-3258	891	10	influences	influence	NOUN
cjal-3258	891	11	by	by	ADP
cjal-3258	891	12	the	the	DET
cjal-3258	891	13	selected	select	VERB
cjal-3258	891	14	few	few	ADJ
cjal-3258	891	15	.	.	PUNCT
cjal-3258	892	1	letting	let	VERB
cjal-3258	892	2	the	the	DET
cjal-3258	892	3	relevant	relevant	ADJ
cjal-3258	892	4	parties	party	NOUN
cjal-3258	892	5	bargain	bargain	VERB
cjal-3258	892	6	and	and	CCONJ
cjal-3258	892	7	decide	decide	VERB
cjal-3258	892	8	for	for	ADP
cjal-3258	892	9	themselves	themselves	PRON
cjal-3258	892	10	averts	avert	VERB
cjal-3258	892	11	the	the	DET
cjal-3258	892	12	deficiencies	deficiency	NOUN
cjal-3258	892	13	associated	associate	VERB
cjal-3258	892	14	with	with	ADP
cjal-3258	892	15	administrative	administrative	ADJ
cjal-3258	892	16	actions	action	NOUN
cjal-3258	892	17	.	.	PUNCT
cjal-3258	893	1	nevertheless	nevertheless	ADV
cjal-3258	893	2	,	,	PUNCT
cjal-3258	893	3	it	it	PRON
cjal-3258	893	4	is	be	AUX
cjal-3258	893	5	important	important	ADJ
cjal-3258	893	6	to	to	PART
cjal-3258	893	7	realize	realize	VERB
cjal-3258	893	8	three	three	NUM
cjal-3258	893	9	assumptions	assumption	NOUN
cjal-3258	893	10	underlying	underlie	VERB
cjal-3258	893	11	privatization	privatization	NOUN
cjal-3258	893	12	:	:	PUNCT
cjal-3258	893	13	that	that	SCONJ
cjal-3258	893	14	transaction	transaction	NOUN
cjal-3258	893	15	costs	cost	NOUN
cjal-3258	893	16	are	be	AUX
cjal-3258	893	17	negligible	negligible	ADJ
cjal-3258	893	18	,	,	PUNCT
cjal-3258	893	19	that	that	DET
cjal-3258	893	20	equity	equity	NOUN
cjal-3258	893	21	is	be	AUX
cjal-3258	893	22	unimportant	unimportant	ADJ
cjal-3258	893	23	,	,	PUNCT
cjal-3258	893	24	and	and	CCONJ
cjal-3258	893	25	that	that	SCONJ
cjal-3258	893	26	economic	economic	ADJ
cjal-3258	893	27	actors	actor	NOUN
cjal-3258	893	28	are	be	AUX
cjal-3258	893	29	rational.2	rational.2	PROPN
cjal-3258	893	30	2	2	NUM
cjal-3258	893	31	because	because	SCONJ
cjal-3258	893	32	these	these	DET
cjal-3258	893	33	assumptions	assumption	NOUN
cjal-3258	893	34	do	do	AUX
cjal-3258	893	35	not	not	PART
cjal-3258	893	36	usually	usually	ADV
cjal-3258	893	37	hold	hold	VERB
cjal-3258	893	38	true	true	ADJ
cjal-3258	893	39	in	in	ADP
cjal-3258	893	40	reality	reality	NOUN
cjal-3258	893	41	,	,	PUNCT
cjal-3258	893	42	unless	unless	SCONJ
cjal-3258	893	43	adjustments	adjustment	NOUN
cjal-3258	893	44	to	to	ADP
cjal-3258	893	45	the	the	DET
cjal-3258	893	46	privatization	privatization	NOUN
cjal-3258	893	47	method	method	NOUN
cjal-3258	893	48	are	be	AUX
cjal-3258	893	49	made	make	VERB
cjal-3258	893	50	in	in	ADP
cjal-3258	893	51	accordance	accordance	NOUN
cjal-3258	893	52	with	with	ADP
cjal-3258	893	53	how	how	SCONJ
cjal-3258	893	54	realities	reality	NOUN
cjal-3258	893	55	differ	differ	VERB
cjal-3258	893	56	from	from	ADP
cjal-3258	893	57	these	these	DET
cjal-3258	893	58	assumptions	assumption	NOUN
cjal-3258	893	59	,	,	PUNCT
cjal-3258	893	60	privatizing	privatize	VERB
cjal-3258	893	61	the	the	DET
cjal-3258	893	62	reform	reform	NOUN
cjal-3258	893	63	process	process	NOUN
cjal-3258	893	64	may	may	AUX
cjal-3258	893	65	actually	actually	ADV
cjal-3258	893	66	prove	prove	VERB
cjal-3258	893	67	inefficient	inefficient	ADJ
cjal-3258	893	68	and	and	CCONJ
cjal-3258	893	69	ineffective	ineffective	ADJ
cjal-3258	893	70	.	.	PUNCT
cjal-3258	894	1	1	1	X
cjal-3258	894	2	.	.	X
cjal-3258	894	3	negligibility	negligibility	NOUN
cjal-3258	894	4	of	of	ADP
cjal-3258	894	5	transaction	transaction	NOUN
cjal-3258	894	6	costs	cost	VERB
cjal-3258	894	7	transaction	transaction	NOUN
cjal-3258	894	8	costs	cost	NOUN
cjal-3258	894	9	consist	consist	VERB
cjal-3258	894	10	of	of	ADP
cjal-3258	894	11	information	information	NOUN
cjal-3258	894	12	costs	cost	NOUN
cjal-3258	894	13	,	,	PUNCT
cjal-3258	894	14	bargaining	bargaining	NOUN
cjal-3258	894	15	costs	cost	NOUN
cjal-3258	894	16	,	,	PUNCT
cjal-3258	894	17	and	and	CCONJ
cjal-3258	894	18	enforcement	enforcement	NOUN
cjal-3258	894	19	costs	cost	NOUN
cjal-3258	894	20	.	.	PUNCT
cjal-3258	895	1	21	21	NUM
cjal-3258	895	2	3	3	NUM
cjal-3258	895	3	the	the	DET
cjal-3258	895	4	failure	failure	NOUN
cjal-3258	895	5	of	of	ADP
cjal-3258	895	6	the	the	DET
cjal-3258	895	7	communist	communist	NOUN
cjal-3258	895	8	-	-	PUNCT
cjal-3258	895	9	led	lead	VERB
cjal-3258	895	10	planned	plan	VERB
cjal-3258	895	11	economy	economy	NOUN
cjal-3258	895	12	has	have	AUX
cjal-3258	895	13	lent	lend	VERB
cjal-3258	895	14	strong	strong	ADJ
cjal-3258	895	15	support	support	NOUN
cjal-3258	895	16	to	to	ADP
cjal-3258	895	17	the	the	DET
cjal-3258	895	18	proposition	proposition	NOUN
cjal-3258	895	19	that	that	SCONJ
cjal-3258	895	20	government	government	NOUN
cjal-3258	895	21	administrative	administrative	ADJ
cjal-3258	895	22	regulation	regulation	NOUN
cjal-3258	895	23	is	be	AUX
cjal-3258	895	24	usually	usually	ADV
cjal-3258	895	25	less	less	ADV
cjal-3258	895	26	efficient	efficient	ADJ
cjal-3258	895	27	than	than	ADP
cjal-3258	895	28	private	private	ADJ
cjal-3258	895	29	market	market	NOUN
cjal-3258	895	30	mechanisms	mechanism	NOUN
cjal-3258	895	31	.	.	PUNCT
cjal-3258	896	1	the	the	DET
cjal-3258	896	2	failed	fail	VERB
cjal-3258	896	3	reform	reform	NOUN
cjal-3258	896	4	attempt	attempt	NOUN
cjal-3258	896	5	in	in	ADP
cjal-3258	896	6	2001	2001	NUM
cjal-3258	896	7	further	far	ADV
cjal-3258	896	8	validated	validate	VERB
cjal-3258	896	9	the	the	DET
cjal-3258	896	10	common	common	ADJ
cjal-3258	896	11	perception	perception	NOUN
cjal-3258	896	12	that	that	SCONJ
cjal-3258	896	13	a	a	DET
cjal-3258	896	14	reform	reform	NOUN
cjal-3258	896	15	uniformly	uniformly	ADV
cjal-3258	896	16	administered	administer	VERB
cjal-3258	896	17	by	by	ADP
cjal-3258	896	18	the	the	DET
cjal-3258	896	19	government	government	NOUN
cjal-3258	896	20	is	be	AUX
cjal-3258	896	21	not	not	PART
cjal-3258	896	22	the	the	DET
cjal-3258	896	23	best	good	ADJ
cjal-3258	896	24	solution	solution	NOUN
cjal-3258	896	25	to	to	ADP
cjal-3258	896	26	the	the	DET
cjal-3258	896	27	problem.2	problem.2	NOUN
cjal-3258	896	28	t	t	NOUN
cjal-3258	896	29	4	4	NUM
cjal-3258	896	30	nevertheless	nevertheless	ADV
cjal-3258	896	31	,	,	PUNCT
cjal-3258	896	32	administrative	administrative	ADJ
cjal-3258	896	33	allocation	allocation	NOUN
cjal-3258	896	34	of	of	ADP
cjal-3258	896	35	resources	resource	NOUN
cjal-3258	896	36	is	be	AUX
cjal-3258	896	37	not	not	PART
cjal-3258	896	38	invariably	invariably	ADV
cjal-3258	896	39	worse	bad	ADJ
cjal-3258	896	40	than	than	ADP
cjal-3258	896	41	allocation	allocation	NOUN
cjal-3258	896	42	by	by	ADP
cjal-3258	896	43	private	private	ADJ
cjal-3258	896	44	market	market	NOUN
cjal-3258	896	45	mechanisms.21	mechanisms.21	NOUN
cjal-3258	896	46	5	5	NUM
cjal-3258	896	47	this	this	PRON
cjal-3258	896	48	is	be	AUX
cjal-3258	896	49	especially	especially	ADV
cjal-3258	896	50	true	true	ADJ
cjal-3258	896	51	in	in	ADP
cjal-3258	896	52	circumstances	circumstance	NOUN
cjal-3258	896	53	where	where	SCONJ
cjal-3258	896	54	large	large	ADJ
cjal-3258	896	55	numbers	number	NOUN
cjal-3258	896	56	of	of	ADP
cjal-3258	896	57	people	people	NOUN
cjal-3258	896	58	are	be	AUX
cjal-3258	896	59	involved	involve	VERB
cjal-3258	896	60	,	,	PUNCT
cjal-3258	896	61	resulting	result	VERB
cjal-3258	896	62	in	in	ADP
cjal-3258	896	63	high	high	ADJ
cjal-3258	896	64	costs	cost	NOUN
cjal-3258	896	65	of	of	ADP
cjal-3258	896	66	handling	handle	VERB
cjal-3258	896	67	the	the	DET
cjal-3258	896	68	problem	problem	NOUN
cjal-3258	896	69	through	through	ADP
cjal-3258	896	70	private	private	ADJ
cjal-3258	896	71	bargaining	bargaining	NOUN
cjal-3258	896	72	.	.	PUNCT
cjal-3258	897	1	216	216	NUM
cjal-3258	897	2	in	in	ADP
cjal-3258	897	3	complicated	complicated	ADJ
cjal-3258	897	4	situations	situation	NOUN
cjal-3258	897	5	which	which	PRON
cjal-3258	897	6	involve	involve	VERB
cjal-3258	897	7	multiple	multiple	ADJ
cjal-3258	897	8	constituents	constituent	NOUN
cjal-3258	897	9	,	,	PUNCT
cjal-3258	897	10	government	government	NOUN
cjal-3258	897	11	regulation	regulation	NOUN
cjal-3258	897	12	may	may	AUX
cjal-3258	897	13	actually	actually	ADV
cjal-3258	897	14	pose	pose	VERB
cjal-3258	897	15	fewer	few	ADJ
cjal-3258	897	16	transaction	transaction	NOUN
cjal-3258	897	17	costs	cost	NOUN
cjal-3258	897	18	than	than	ADP
cjal-3258	897	19	purely	purely	ADV
cjal-3258	897	20	private	private	ADJ
cjal-3258	897	21	21transactions	21transaction	NOUN
cjal-3258	897	22	.	.	PUNCT
cjal-3258	898	1	2	2	NUM
cjal-3258	898	2	17	17	NUM
cjal-3258	898	3	the	the	DET
cjal-3258	898	4	presence	presence	NOUN
cjal-3258	898	5	of	of	ADP
cjal-3258	898	6	substantial	substantial	ADJ
cjal-3258	898	7	externalities	externality	NOUN
cjal-3258	898	8	may	may	AUX
cjal-3258	898	9	also	also	ADV
cjal-3258	898	10	dictate	dictate	VERB
cjal-3258	898	11	government	government	NOUN
cjal-3258	898	12	intervention	intervention	NOUN
cjal-3258	898	13	to	to	PART
cjal-3258	898	14	ensure	ensure	VERB
cjal-3258	898	15	greater	great	ADJ
cjal-3258	898	16	wealth	wealth	NOUN
cjal-3258	898	17	maximization	maximization	NOUN
cjal-3258	898	18	.	.	PUNCT
cjal-3258	899	1	as	as	SCONJ
cjal-3258	899	2	discussed	discuss	VERB
cjal-3258	899	3	earlier	early	ADV
cjal-3258	899	4	,	,	PUNCT
cjal-3258	899	5	we	we	PRON
cjal-3258	899	6	think	think	VERB
cjal-3258	899	7	that	that	SCONJ
cjal-3258	899	8	in	in	ADP
cjal-3258	899	9	the	the	DET
cjal-3258	899	10	chinese	chinese	ADJ
cjal-3258	899	11	scenario	scenario	NOUN
cjal-3258	899	12	,	,	PUNCT
cjal-3258	899	13	privatization	privatization	NOUN
cjal-3258	899	14	under	under	ADP
cjal-3258	899	15	property	property	NOUN
cjal-3258	899	16	rule	rule	NOUN
cjal-3258	899	17	will	will	AUX
cjal-3258	899	18	incur	incur	VERB
cjal-3258	899	19	less	less	ADJ
cjal-3258	899	20	overall	overall	ADJ
cjal-3258	899	21	transaction	transaction	NOUN
cjal-3258	899	22	costs	cost	NOUN
cjal-3258	899	23	compared	compare	VERB
cjal-3258	899	24	to	to	ADP
cjal-3258	899	25	the	the	DET
cjal-3258	899	26	non	non	ADJ
cjal-3258	899	27	-	-	ADJ
cjal-3258	899	28	privatized	privatized	ADJ
cjal-3258	899	29	means	mean	NOUN
cjal-3258	899	30	under	under	ADP
cjal-3258	899	31	either	either	CCONJ
cjal-3258	899	32	the	the	DET
cjal-3258	899	33	liability	liability	NOUN
cjal-3258	899	34	rule	rule	NOUN
cjal-3258	899	35	or	or	CCONJ
cjal-3258	899	36	mandatory	mandatory	ADJ
cjal-3258	899	37	transfer	transfer	NOUN
cjal-3258	899	38	rule	rule	NOUN
cjal-3258	899	39	.	.	PUNCT
cjal-3258	900	1	in	in	ADP
cjal-3258	900	2	this	this	DET
cjal-3258	900	3	case	case	NOUN
cjal-3258	900	4	,	,	PUNCT
cjal-3258	900	5	transaction	transaction	NOUN
cjal-3258	900	6	cost	cost	NOUN
cjal-3258	900	7	considerations	consideration	NOUN
cjal-3258	900	8	do	do	AUX
cjal-3258	900	9	not	not	PART
cjal-3258	900	10	alter	alter	VERB
cjal-3258	900	11	the	the	DET
cjal-3258	900	12	superiority	superiority	NOUN
cjal-3258	900	13	of	of	ADP
cjal-3258	900	14	privatization	privatization	NOUN
cjal-3258	900	15	.	.	PUNCT
cjal-3258	901	1	however	however	ADV
cjal-3258	901	2	,	,	PUNCT
cjal-3258	901	3	as	as	SCONJ
cjal-3258	901	4	will	will	AUX
cjal-3258	901	5	be	be	AUX
cjal-3258	901	6	demonstrated	demonstrate	VERB
cjal-3258	901	7	in	in	ADP
cjal-3258	901	8	the	the	DET
cjal-3258	901	9	next	next	ADJ
cjal-3258	901	10	part	part	NOUN
cjal-3258	901	11	,	,	PUNCT
cjal-3258	901	12	there	there	PRON
cjal-3258	901	13	is	be	VERB
cjal-3258	901	14	still	still	ADV
cjal-3258	901	15	room	room	NOUN
cjal-3258	901	16	for	for	ADP
cjal-3258	901	17	refinement	refinement	NOUN
cjal-3258	901	18	and	and	CCONJ
cjal-3258	901	19	212	212	NUM
cjal-3258	901	20	reza	reza	ADJ
cjal-3258	901	21	dibadj	dibadj	NOUN
cjal-3258	901	22	,	,	PUNCT
cjal-3258	901	23	regulatory	regulatory	ADJ
cjal-3258	901	24	givings	giving	NOUN
cjal-3258	901	25	and	and	CCONJ
cjal-3258	901	26	the	the	DET
cjal-3258	901	27	anticommons	anticommon	NOUN
cjal-3258	901	28	,	,	PUNCT
cjal-3258	901	29	64	64	NUM
cjal-3258	901	30	ohio	ohio	PROPN
cjal-3258	901	31	st	st	PROPN
cjal-3258	901	32	.	.	PROPN
cjal-3258	901	33	l.j	l.j	PROPN
cjal-3258	901	34	.	.	PROPN
cjal-3258	901	35	1041	1041	NUM
cjal-3258	901	36	,	,	PUNCT
cjal-3258	901	37	1097	1097	NUM
cjal-3258	901	38	(	(	PUNCT
cjal-3258	901	39	2003	2003	NUM
cjal-3258	901	40	)	)	PUNCT
cjal-3258	901	41	.	.	PUNCT
cjal-3258	902	1	213	213	NUM
cjal-3258	902	2	dahlman	dahlman	ADJ
cjal-3258	902	3	,	,	PUNCT
cjal-3258	902	4	supra	supra	PROPN
cjal-3258	902	5	note	note	NOUN
cjal-3258	902	6	197	197	NUM
cjal-3258	902	7	,	,	PUNCT
cjal-3258	902	8	at	at	ADP
cjal-3258	902	9	148	148	NUM
cjal-3258	902	10	.	.	PUNCT
cjal-3258	903	1	214	214	NUM
cjal-3258	903	2	luo	luo	PROPN
cjal-3258	903	3	,	,	PUNCT
cjal-3258	903	4	supra	supra	PROPN
cjal-3258	903	5	note	note	PROPN
cjal-3258	903	6	22	22	NUM
cjal-3258	903	7	,	,	PUNCT
cjal-3258	903	8	at	at	ADP
cjal-3258	903	9	16	16	NUM
cjal-3258	903	10	.	.	PUNCT
cjal-3258	903	11	215	215	NUM
cjal-3258	903	12	coase	coase	NOUN
cjal-3258	903	13	,	,	PUNCT
cjal-3258	903	14	supra	supra	PROPN
cjal-3258	903	15	note	note	NOUN
cjal-3258	903	16	198	198	NUM
cjal-3258	903	17	,	,	PUNCT
cjal-3258	903	18	at	at	ADP
cjal-3258	903	19	18	18	NUM
cjal-3258	903	20	.	.	PUNCT
cjal-3258	903	21	216	216	NUM
cjal-3258	903	22	dibadj	dibadj	NOUN
cjal-3258	903	23	,	,	PUNCT
cjal-3258	903	24	supra	supra	PROPN
cjal-3258	903	25	note	note	NOUN
cjal-3258	903	26	212	212	NUM
cjal-3258	903	27	,	,	PUNCT
cjal-3258	903	28	at	at	ADP
cjal-3258	903	29	1086	1086	NUM
cjal-3258	903	30	.	.	PUNCT
cjal-3258	904	1	217	217	NUM
cjal-3258	905	1	i	i	PRON
cjal-3258	905	2	d.	d.	PROPN
cjal-3258	906	1	[	[	X
cjal-3258	906	2	20:1	20:1	NUM
cjal-3258	906	3	regula	regula	NOUN
cjal-3258	906	4	tory	tory	NOUN
cjal-3258	906	5	givings	giving	NOUN
cjal-3258	906	6	in	in	ADP
cjal-3258	906	7	china	china	PROPN
cjal-3258	906	8	qualification	qualification	NOUN
cjal-3258	906	9	of	of	ADP
cjal-3258	906	10	the	the	DET
cjal-3258	906	11	privatization	privatization	NOUN
cjal-3258	906	12	process	process	NOUN
cjal-3258	906	13	so	so	SCONJ
cjal-3258	906	14	as	as	SCONJ
cjal-3258	906	15	to	to	PART
cjal-3258	906	16	further	far	ADV
cjal-3258	906	17	reduce	reduce	VERB
cjal-3258	906	18	transactions	transaction	NOUN
cjal-3258	906	19	costs	cost	NOUN
cjal-3258	906	20	and	and	CCONJ
cjal-3258	906	21	improve	improve	VERB
cjal-3258	906	22	efficiency	efficiency	NOUN
cjal-3258	906	23	.	.	PUNCT
cjal-3258	907	1	2	2	X
cjal-3258	907	2	.	.	X
cjal-3258	907	3	equity	equity	NOUN
cjal-3258	907	4	coase	coase	PROPN
cjal-3258	907	5	explicitly	explicitly	ADV
cjal-3258	907	6	prefaced	preface	VERB
cjal-3258	907	7	his	his	PRON
cjal-3258	907	8	economic	economic	ADJ
cjal-3258	907	9	analysis	analysis	NOUN
cjal-3258	907	10	with	with	ADP
cjal-3258	907	11	the	the	DET
cjal-3258	907	12	important	important	ADJ
cjal-3258	907	13	disclaimer	disclaimer	NOUN
cjal-3258	907	14	,	,	PUNCT
cjal-3258	907	15	"	"	PUNCT
cjal-3258	907	16	questions	question	NOUN
cjal-3258	907	17	of	of	ADP
cjal-3258	907	18	equity	equity	NOUN
cjal-3258	907	19	apart	apart	ADV
cjal-3258	907	20	.	.	PUNCT
cjal-3258	908	1	,	,	PUNCT
cjal-3258	908	2	218	218	NUM
cjal-3258	908	3	ignoring	ignore	VERB
cjal-3258	908	4	issues	issue	NOUN
cjal-3258	908	5	of	of	ADP
cjal-3258	908	6	equity	equity	NOUN
cjal-3258	908	7	and	and	CCONJ
cjal-3258	908	8	justice	justice	NOUN
cjal-3258	908	9	is	be	AUX
cjal-3258	908	10	one	one	NUM
cjal-3258	908	11	of	of	ADP
cjal-3258	908	12	the	the	DET
cjal-3258	908	13	major	major	ADJ
cjal-3258	908	14	limitations	limitation	NOUN
cjal-3258	908	15	of	of	ADP
cjal-3258	908	16	any	any	DET
cjal-3258	908	17	economic	economic	ADJ
cjal-3258	908	18	analysis	analysis	NOUN
cjal-3258	908	19	of	of	ADP
cjal-3258	908	20	law.219	law.219	NOUN
cjal-3258	908	21	in	in	ADP
cjal-3258	908	22	our	our	PRON
cjal-3258	908	23	chinese	chinese	ADJ
cjal-3258	908	24	scenario	scenario	NOUN
cjal-3258	908	25	,	,	PUNCT
cjal-3258	908	26	the	the	DET
cjal-3258	908	27	most	most	ADV
cjal-3258	908	28	notable	notable	ADJ
cjal-3258	908	29	equity	equity	NOUN
cjal-3258	908	30	issue	issue	NOUN
cjal-3258	908	31	is	be	AUX
cjal-3258	908	32	that	that	PRON
cjal-3258	908	33	of	of	ADP
cjal-3258	908	34	wealth	wealth	NOUN
cjal-3258	908	35	distribution	distribution	NOUN
cjal-3258	908	36	.	.	PUNCT
cjal-3258	909	1	the	the	DET
cjal-3258	909	2	split	split	ADJ
cjal-3258	909	3	share	share	NOUN
cjal-3258	909	4	structure	structure	NOUN
cjal-3258	909	5	reform	reform	NOUN
cjal-3258	909	6	is	be	AUX
cjal-3258	909	7	essentially	essentially	ADV
cjal-3258	909	8	a	a	DET
cjal-3258	909	9	redistribution	redistribution	NOUN
cjal-3258	909	10	of	of	ADP
cjal-3258	909	11	the	the	DET
cjal-3258	909	12	interests	interest	NOUN
cjal-3258	909	13	between	between	ADP
cjal-3258	909	14	tradable	tradable	ADJ
cjal-3258	909	15	shareholders	shareholder	NOUN
cjal-3258	909	16	and	and	CCONJ
cjal-3258	909	17	nontradable	nontradable	ADJ
cjal-3258	909	18	shares	share	NOUN
cjal-3258	909	19	.	.	PUNCT
cjal-3258	910	1	220	220	NUM
cjal-3258	910	2	the	the	DET
cjal-3258	910	3	important	important	ADJ
cjal-3258	910	4	question	question	NOUN
cjal-3258	910	5	is	be	AUX
cjal-3258	910	6	who	who	PRON
cjal-3258	910	7	should	should	AUX
cjal-3258	910	8	bear	bear	VERB
cjal-3258	910	9	the	the	DET
cjal-3258	910	10	cost	cost	NOUN
cjal-3258	910	11	of	of	ADP
cjal-3258	910	12	the	the	DET
cjal-3258	910	13	reform	reform	NOUN
cjal-3258	910	14	and	and	CCONJ
cjal-3258	910	15	who	who	PRON
cjal-3258	910	16	should	should	AUX
cjal-3258	910	17	enjoy	enjoy	VERB
cjal-3258	910	18	the	the	DET
cjal-3258	910	19	benefit	benefit	NOUN
cjal-3258	910	20	.	.	PUNCT
cjal-3258	911	1	there	there	PRON
cjal-3258	911	2	has	have	AUX
cjal-3258	911	3	always	always	ADV
cjal-3258	911	4	been	be	AUX
cjal-3258	911	5	considerable	considerable	ADJ
cjal-3258	911	6	sympathy	sympathy	NOUN
cjal-3258	911	7	for	for	ADP
cjal-3258	911	8	the	the	DET
cjal-3258	911	9	holders	holder	NOUN
cjal-3258	911	10	of	of	ADP
cjal-3258	911	11	tradable	tradable	ADJ
cjal-3258	911	12	shares	share	NOUN
cjal-3258	911	13	.	.	PUNCT
cjal-3258	912	1	after	after	ADV
cjal-3258	912	2	all	all	ADV
cjal-3258	912	3	,	,	PUNCT
cjal-3258	912	4	unlike	unlike	ADP
cjal-3258	912	5	those	those	PRON
cjal-3258	912	6	in	in	ADP
cjal-3258	912	7	mature	mature	ADJ
cjal-3258	912	8	stock	stock	NOUN
cjal-3258	912	9	exchanges	exchange	NOUN
cjal-3258	912	10	,	,	PUNCT
cjal-3258	912	11	participants	participant	NOUN
cjal-3258	912	12	in	in	ADP
cjal-3258	912	13	the	the	DET
cjal-3258	912	14	chinese	chinese	ADJ
cjal-3258	912	15	stock	stock	NOUN
cjal-3258	912	16	markets	market	NOUN
cjal-3258	912	17	are	be	AUX
cjal-3258	912	18	usually	usually	ADV
cjal-3258	912	19	small	small	ADJ
cjal-3258	912	20	-	-	PUNCT
cjal-3258	912	21	scale	scale	NOUN
cjal-3258	912	22	individual	individual	ADJ
cjal-3258	912	23	investors	investor	NOUN
cjal-3258	912	24	.	.	PUNCT
cjal-3258	913	1	before	before	ADP
cjal-3258	913	2	2001	2001	NUM
cjal-3258	913	3	,	,	PUNCT
cjal-3258	913	4	the	the	DET
cjal-3258	913	5	proportion	proportion	NOUN
cjal-3258	913	6	of	of	ADP
cjal-3258	913	7	total	total	ADJ
cjal-3258	913	8	investment	investment	NOUN
cjal-3258	913	9	contributed	contribute	VERB
cjal-3258	913	10	by	by	ADP
cjal-3258	913	11	institutional	institutional	ADJ
cjal-3258	913	12	investors	investor	NOUN
cjal-3258	913	13	was	be	AUX
cjal-3258	913	14	around	around	ADV
cjal-3258	913	15	5	5	NUM
cjal-3258	913	16	%	%	NOUN
cjal-3258	913	17	.221	.221	NUM
cjal-3258	913	18	that	that	DET
cjal-3258	913	19	proportion	proportion	NOUN
cjal-3258	913	20	had	have	AUX
cjal-3258	913	21	increased	increase	VERB
cjal-3258	913	22	to	to	ADP
cjal-3258	913	23	a	a	DET
cjal-3258	913	24	healthier	healthy	ADJ
cjal-3258	913	25	28.52	28.52	NUM
cjal-3258	913	26	%	%	NOUN
cjal-3258	913	27	by	by	ADP
cjal-3258	913	28	2004	2004	NUM
cjal-3258	913	29	,	,	PUNCT
cjal-3258	913	30	but	but	CCONJ
cjal-3258	913	31	still	still	ADV
cjal-3258	913	32	falls	fall	VERB
cjal-3258	913	33	far	far	ADV
cjal-3258	913	34	short	short	ADV
cjal-3258	913	35	of	of	ADP
cjal-3258	913	36	the	the	DET
cjal-3258	913	37	proportion	proportion	NOUN
cjal-3258	913	38	in	in	ADP
cjal-3258	913	39	mature	mature	ADJ
cjal-3258	913	40	capital	capital	NOUN
cjal-3258	913	41	markets	market	NOUN
cjal-3258	913	42	,	,	PUNCT
cjal-3258	913	43	which	which	PRON
cjal-3258	913	44	is	be	AUX
cjal-3258	913	45	over	over	ADP
cjal-3258	913	46	50%.222	50%.222	NUM
cjal-3258	913	47	tradable	tradable	ADJ
cjal-3258	913	48	shareholders	shareholder	NOUN
cjal-3258	913	49	also	also	ADV
cjal-3258	913	50	suffered	suffer	VERB
cjal-3258	913	51	significant	significant	ADJ
cjal-3258	913	52	losses	loss	NOUN
cjal-3258	913	53	in	in	ADP
cjal-3258	913	54	the	the	DET
cjal-3258	913	55	stock	stock	NOUN
cjal-3258	913	56	market	market	NOUN
cjal-3258	913	57	due	due	ADP
cjal-3258	913	58	to	to	ADP
cjal-3258	913	59	other	other	ADJ
cjal-3258	913	60	institutional	institutional	ADJ
cjal-3258	913	61	and	and	CCONJ
cjal-3258	913	62	structural	structural	ADJ
cjal-3258	913	63	deficiencies	deficiency	NOUN
cjal-3258	913	64	in	in	ADP
cjal-3258	913	65	the	the	DET
cjal-3258	913	66	past.223	past.223	NOUN
cjal-3258	913	67	on	on	ADP
cjal-3258	913	68	the	the	DET
cjal-3258	913	69	other	other	ADJ
cjal-3258	913	70	hand	hand	NOUN
cjal-3258	913	71	,	,	PUNCT
cjal-3258	913	72	as	as	SCONJ
cjal-3258	913	73	the	the	DET
cjal-3258	913	74	state	state	NOUN
cjal-3258	913	75	currently	currently	ADV
cjal-3258	913	76	owns	own	VERB
cjal-3258	913	77	the	the	DET
cjal-3258	913	78	majority	majority	NOUN
cjal-3258	913	79	of	of	ADP
cjal-3258	913	80	the	the	DET
cjal-3258	913	81	non	non	ADJ
cjal-3258	913	82	-	-	ADJ
cjal-3258	913	83	tradable	tradable	ADJ
cjal-3258	913	84	shares	share	NOUN
cjal-3258	913	85	,	,	PUNCT
cjal-3258	913	86	there	there	PRON
cjal-3258	913	87	are	be	VERB
cjal-3258	913	88	concerns	concern	NOUN
cjal-3258	913	89	over	over	ADP
cjal-3258	913	90	the	the	DET
cjal-3258	913	91	loss	loss	NOUN
cjal-3258	913	92	of	of	ADP
cjal-3258	913	93	state	state	NOUN
cjal-3258	913	94	property	property	NOUN
cjal-3258	913	95	through	through	ADP
cjal-3258	913	96	the	the	DET
cjal-3258	913	97	payment	payment	NOUN
cjal-3258	913	98	of	of	ADP
cjal-3258	913	99	considerations	consideration	NOUN
cjal-3258	913	100	under	under	ADP
cjal-3258	913	101	the	the	DET
cjal-3258	913	102	current	current	ADJ
cjal-3258	913	103	bargaining	bargaining	NOUN
cjal-3258	913	104	mechanisms	mechanism	NOUN
cjal-3258	913	105	.	.	PUNCT
cjal-3258	914	1	224	224	NUM
cjal-3258	914	2	is	be	AUX
cjal-3258	914	3	it	it	PRON
cjal-3258	914	4	equitable	equitable	ADJ
cjal-3258	914	5	that	that	SCONJ
cjal-3258	914	6	reform	reform	NOUN
cjal-3258	914	7	costs	cost	NOUN
cjal-3258	914	8	are	be	AUX
cjal-3258	914	9	paid	pay	VERB
cjal-3258	914	10	by	by	ADP
cjal-3258	914	11	the	the	DET
cjal-3258	914	12	nation	nation	NOUN
cjal-3258	914	13	's	's	PART
cjal-3258	914	14	1.3	1.3	NUM
cjal-3258	914	15	billion	billion	NUM
cjal-3258	914	16	people	people	NOUN
cjal-3258	914	17	for	for	ADP
cjal-3258	914	18	the	the	DET
cjal-3258	914	19	benefit	benefit	NOUN
cjal-3258	914	20	of	of	ADP
cjal-3258	914	21	the	the	DET
cjal-3258	914	22	70	70	NUM
cjal-3258	914	23	million	million	NUM
cjal-3258	914	24	tradable	tradable	ADJ
cjal-3258	914	25	shareholders	shareholder	NOUN
cjal-3258	914	26	?	?	PUNCT
cjal-3258	915	1	225	225	NUM
cjal-3258	915	2	as	as	SCONJ
cjal-3258	915	3	discussed	discuss	VERB
cjal-3258	915	4	in	in	ADP
cjal-3258	915	5	part	part	PROPN
cjal-3258	915	6	ii	ii	PROPN
cjal-3258	915	7	,	,	PUNCT
cjal-3258	915	8	the	the	DET
cjal-3258	915	9	chinese	chinese	ADJ
cjal-3258	915	10	stock	stock	NOUN
cjal-3258	915	11	market	market	NOUN
cjal-3258	915	12	had	have	AUX
cjal-3258	915	13	been	be	AUX
cjal-3258	915	14	plagued	plague	VERB
cjal-3258	915	15	by	by	ADP
cjal-3258	915	16	over	over	ADP
cjal-3258	915	17	-	-	PUNCT
cjal-3258	915	18	speculation	speculation	NOUN
cjal-3258	915	19	,	,	PUNCT
cjal-3258	915	20	and	and	CCONJ
cjal-3258	915	21	while	while	SCONJ
cjal-3258	915	22	the	the	DET
cjal-3258	915	23	split	split	ADJ
cjal-3258	915	24	share	share	NOUN
cjal-3258	915	25	structure	structure	NOUN
cjal-3258	915	26	did	do	AUX
cjal-3258	915	27	contribute	contribute	VERB
cjal-3258	915	28	to	to	ADP
cjal-3258	915	29	the	the	DET
cjal-3258	915	30	artificially	artificially	ADV
cjal-3258	915	31	inflated	inflated	ADJ
cjal-3258	915	32	share	share	NOUN
cjal-3258	915	33	prices	price	NOUN
cjal-3258	915	34	,	,	PUNCT
cjal-3258	915	35	the	the	DET
cjal-3258	915	36	tradable	tradable	ADJ
cjal-3258	915	37	shareholders	shareholder	NOUN
cjal-3258	915	38	can	can	AUX
cjal-3258	915	39	not	not	PART
cjal-3258	915	40	be	be	AUX
cjal-3258	915	41	absolved	absolve	VERB
cjal-3258	915	42	of	of	ADP
cjal-3258	915	43	all	all	DET
cjal-3258	915	44	responsibility	responsibility	NOUN
cjal-3258	915	45	in	in	ADP
cjal-3258	915	46	view	view	NOUN
cjal-3258	915	47	of	of	ADP
cjal-3258	915	48	their	their	PRON
cjal-3258	915	49	immature	immature	ADJ
cjal-3258	915	50	and	and	CCONJ
cjal-3258	915	51	sometimes	sometimes	ADV
cjal-3258	915	52	irrational	irrational	ADJ
cjal-3258	915	53	218	218	NUM
cjal-3258	915	54	coase	coase	NOUN
cjal-3258	915	55	,	,	PUNCT
cjal-3258	915	56	supra	supra	PROPN
cjal-3258	915	57	note	note	NOUN
cjal-3258	915	58	198	198	NUM
cjal-3258	915	59	,	,	PUNCT
cjal-3258	915	60	at	at	ADP
cjal-3258	915	61	19	19	NUM
cjal-3258	915	62	.	.	NOUN
cjal-3258	915	63	219	219	NUM
cjal-3258	915	64	dibadj	dibadj	NOUN
cjal-3258	915	65	,	,	PUNCT
cjal-3258	915	66	supra	supra	PROPN
cjal-3258	915	67	note	note	NOUN
cjal-3258	915	68	212	212	NUM
cjal-3258	915	69	,	,	PUNCT
cjal-3258	915	70	at	at	ADP
cjal-3258	915	71	1087	1087	NUM
cjal-3258	915	72	;	;	PUNCT
cjal-3258	915	73	5	5	NUM
cjal-3258	915	74	_	_	NOUN
cjal-3258	915	75	,	,	PUNCT
cjal-3258	915	76	43[wang	43[wang	PROPN
cjal-3258	915	77	wenyu	wenyu	NOUN
cjal-3258	915	78	,	,	PUNCT
cjal-3258	915	79	legal	legal	ADJ
cjal-3258	915	80	theory	theory	NOUN
cjal-3258	915	81	and	and	CCONJ
cjal-3258	915	82	economic	economic	ADJ
cjal-3258	915	83	analysis	analysis	NOUN
cjal-3258	915	84	of	of	ADP
cjal-3258	915	85	civil	civil	ADJ
cjal-3258	915	86	and	and	CCONJ
cjal-3258	915	87	commercial	commercial	ADJ
cjal-3258	915	88	law	law	NOUN
cjal-3258	915	89	]	]	PUNCT
cjal-3258	915	90	31	31	NUM
cjal-3258	915	91	(	(	PUNCT
cjal-3258	915	92	2000	2000	NUM
cjal-3258	915	93	)	)	PUNCT
cjal-3258	915	94	.	.	PUNCT
cjal-3258	916	1	220	220	NUM
cjal-3258	916	2	tan	tan	ADJ
cjal-3258	916	3	,	,	PUNCT
cjal-3258	916	4	supra	supra	PROPN
cjal-3258	916	5	note	note	NOUN
cjal-3258	916	6	68	68	NUM
cjal-3258	916	7	.	.	PUNCT
cjal-3258	917	1	221	221	NUM
cjal-3258	917	2	he	he	PRON
cjal-3258	917	3	,	,	PUNCT
cjal-3258	917	4	supra	supra	PROPN
cjal-3258	917	5	note	note	PROPN
cjal-3258	917	6	7	7	NUM
cjal-3258	917	7	,	,	PUNCT
cjal-3258	917	8	at	at	ADP
cjal-3258	917	9	44	44	NUM
cjal-3258	917	10	-	-	SYM
cjal-3258	917	11	45	45	NUM
cjal-3258	917	12	.	.	NOUN
cjal-3258	917	13	222	222	NUM
cjal-3258	918	1	i	i	PRON
cjal-3258	918	2	d.	d.	NOUN
cjal-3258	918	3	at	at	ADP
cjal-3258	918	4	45	45	NUM
cjal-3258	918	5	.	.	NOUN
cjal-3258	918	6	223	223	NUM
cjal-3258	918	7	wang	wang	PROPN
cjal-3258	918	8	,	,	PUNCT
cjal-3258	918	9	supra	supra	PROPN
cjal-3258	918	10	note	note	PROPN
cjal-3258	918	11	210	210	NUM
cjal-3258	918	12	.	.	PUNCT
cjal-3258	919	1	224	224	NUM
cjal-3258	919	2	dan	dan	PROPN
cjal-3258	919	3	,	,	PUNCT
cjal-3258	919	4	supra	supra	PROPN
cjal-3258	919	5	note	note	PROPN
cjal-3258	919	6	81	81	NUM
cjal-3258	919	7	,	,	PUNCT
cjal-3258	919	8	at	at	ADP
cjal-3258	919	9	25	25	NUM
cjal-3258	919	10	;	;	PUNCT
cjal-3258	919	11	xie	xie	PROPN
cjal-3258	919	12	,	,	PUNCT
cjal-3258	919	13	supra	supra	PROPN
cjal-3258	919	14	note	note	PROPN
cjal-3258	919	15	109	109	NUM
cjal-3258	919	16	.	.	NOUN
cjal-3258	919	17	225	225	NUM
cjal-3258	919	18	colloquium	colloquium	NOUN
cjal-3258	919	19	in	in	ADP
cjal-3258	919	20	comments	comment	NOUN
cjal-3258	919	21	,	,	PUNCT
cjal-3258	919	22	supra	supra	PROPN
cjal-3258	919	23	note	note	NOUN
cjal-3258	919	24	75	75	NUM
cjal-3258	919	25	,	,	PUNCT
cjal-3258	919	26	at	at	ADP
cjal-3258	919	27	141	141	NUM
cjal-3258	919	28	.	.	PUNCT
cjal-3258	920	1	20061	20061	NUM
cjal-3258	920	2	343	343	NUM
cjal-3258	920	3	columbia	columbia	PROPN
cjal-3258	920	4	journal	journal	PROPN
cjal-3258	920	5	of	of	ADP
cjal-3258	920	6	asian	asian	ADJ
cjal-3258	920	7	law	law	NOUN
cjal-3258	920	8	investment	investment	NOUN
cjal-3258	920	9	behavior	behavior	NOUN
cjal-3258	920	10	,	,	PUNCT
cjal-3258	920	11	226	226	NUM
cjal-3258	920	12	including	include	VERB
cjal-3258	920	13	acting	act	VERB
cjal-3258	920	14	on	on	ADP
cjal-3258	920	15	rumors	rumor	NOUN
cjal-3258	920	16	227	227	NUM
cjal-3258	920	17	and	and	CCONJ
cjal-3258	920	18	blindly	blindly	ADV
cjal-3258	920	19	following	follow	VERB
cjal-3258	920	20	the	the	DET
cjal-3258	920	21	masses.228	masses.228	PROPN
cjal-3258	920	22	in	in	ADP
cjal-3258	920	23	part	part	NOUN
cjal-3258	920	24	iv	iv	NUM
cjal-3258	920	25	,	,	PUNCT
cjal-3258	920	26	we	we	PRON
cjal-3258	920	27	showed	show	VERB
cjal-3258	920	28	that	that	SCONJ
cjal-3258	920	29	tradable	tradable	ADJ
cjal-3258	920	30	shareholders	shareholder	NOUN
cjal-3258	920	31	are	be	AUX
cjal-3258	920	32	entitled	entitle	VERB
cjal-3258	920	33	to	to	ADP
cjal-3258	920	34	compensation	compensation	NOUN
cjal-3258	920	35	by	by	ADP
cjal-3258	920	36	the	the	DET
cjal-3258	920	37	non	non	ADJ
cjal-3258	920	38	-	-	ADJ
cjal-3258	920	39	tradable	tradable	ADJ
cjal-3258	920	40	shareholders	shareholder	NOUN
cjal-3258	920	41	under	under	ADP
cjal-3258	920	42	the	the	DET
cjal-3258	920	43	givings	giving	NOUN
cjal-3258	920	44	doctrine	doctrine	NOUN
cjal-3258	920	45	.	.	PUNCT
cjal-3258	921	1	the	the	DET
cjal-3258	921	2	question	question	NOUN
cjal-3258	921	3	that	that	PRON
cjal-3258	921	4	remains	remain	VERB
cjal-3258	921	5	is	be	AUX
cjal-3258	921	6	how	how	SCONJ
cjal-3258	921	7	this	this	DET
cjal-3258	921	8	entitlement	entitlement	NOUN
cjal-3258	921	9	is	be	AUX
cjal-3258	921	10	to	to	PART
cjal-3258	921	11	be	be	AUX
cjal-3258	921	12	protected	protect	VERB
cjal-3258	921	13	.	.	PUNCT
cjal-3258	922	1	on	on	ADP
cjal-3258	922	2	the	the	DET
cjal-3258	922	3	premise	premise	NOUN
cjal-3258	922	4	that	that	SCONJ
cjal-3258	922	5	the	the	DET
cjal-3258	922	6	tradable	tradable	ADJ
cjal-3258	922	7	shareholders	shareholder	NOUN
cjal-3258	922	8	are	be	AUX
cjal-3258	922	9	given	give	VERB
cjal-3258	922	10	the	the	DET
cjal-3258	922	11	entitlement	entitlement	NOUN
cjal-3258	922	12	,	,	PUNCT
cjal-3258	922	13	the	the	DET
cjal-3258	922	14	property	property	NOUN
cjal-3258	922	15	,	,	PUNCT
cjal-3258	922	16	liability	liability	NOUN
cjal-3258	922	17	and	and	CCONJ
cjal-3258	922	18	mandatory	mandatory	ADJ
cjal-3258	922	19	transfer	transfer	NOUN
cjal-3258	922	20	rules	rule	NOUN
cjal-3258	922	21	still	still	ADV
cjal-3258	922	22	have	have	VERB
cjal-3258	922	23	different	different	ADJ
cjal-3258	922	24	wealth	wealth	NOUN
cjal-3258	922	25	distribution	distribution	NOUN
cjal-3258	922	26	effects	effect	NOUN
cjal-3258	922	27	.	.	PUNCT
cjal-3258	923	1	the	the	DET
cjal-3258	923	2	property	property	NOUN
cjal-3258	923	3	rule	rule	NOUN
cjal-3258	923	4	and	and	CCONJ
cjal-3258	923	5	privatization	privatization	NOUN
cjal-3258	923	6	provides	provide	VERB
cjal-3258	923	7	for	for	ADP
cjal-3258	923	8	the	the	DET
cjal-3258	923	9	strongest	strong	ADJ
cjal-3258	923	10	wealth	wealth	NOUN
cjal-3258	923	11	distribution	distribution	NOUN
cjal-3258	923	12	effects	effect	NOUN
cjal-3258	923	13	since	since	SCONJ
cjal-3258	923	14	the	the	DET
cjal-3258	923	15	tradable	tradable	ADJ
cjal-3258	923	16	shareholders	shareholder	NOUN
cjal-3258	923	17	have	have	VERB
cjal-3258	923	18	the	the	DET
cjal-3258	923	19	right	right	NOUN
cjal-3258	923	20	to	to	PART
cjal-3258	923	21	veto	veto	VERB
cjal-3258	923	22	any	any	DET
cjal-3258	923	23	perceived	perceive	VERB
cjal-3258	923	24	inadequate	inadequate	ADJ
cjal-3258	923	25	compensation	compensation	NOUN
cjal-3258	923	26	.	.	PUNCT
cjal-3258	924	1	on	on	ADP
cjal-3258	924	2	the	the	DET
cjal-3258	924	3	other	other	ADJ
cjal-3258	924	4	hand	hand	NOUN
cjal-3258	924	5	,	,	PUNCT
cjal-3258	924	6	the	the	DET
cjal-3258	924	7	liability	liability	NOUN
cjal-3258	924	8	rule	rule	NOUN
cjal-3258	924	9	and	and	CCONJ
cjal-3258	924	10	government	government	NOUN
cjal-3258	924	11	administered	administer	VERB
cjal-3258	924	12	reform	reform	NOUN
cjal-3258	924	13	has	have	VERB
cjal-3258	924	14	a	a	DET
cjal-3258	924	15	less	less	ADV
cjal-3258	924	16	advantageous	advantageous	ADJ
cjal-3258	924	17	distributive	distributive	ADJ
cjal-3258	924	18	effect	effect	NOUN
cjal-3258	924	19	for	for	ADP
cjal-3258	924	20	the	the	DET
cjal-3258	924	21	tradable	tradable	ADJ
cjal-3258	924	22	shareholders	shareholder	NOUN
cjal-3258	924	23	since	since	SCONJ
cjal-3258	924	24	the	the	DET
cjal-3258	924	25	maximum	maximum	PROPN
cjal-3258	924	26	compensation	compensation	NOUN
cjal-3258	924	27	obtainable	obtainable	ADJ
cjal-3258	924	28	is	be	AUX
cjal-3258	924	29	the	the	DET
cjal-3258	924	30	objectively	objectively	ADV
cjal-3258	924	31	determined	determine	VERB
cjal-3258	924	32	amount	amount	NOUN
cjal-3258	924	33	,	,	PUNCT
cjal-3258	924	34	which	which	PRON
cjal-3258	924	35	may	may	AUX
cjal-3258	924	36	be	be	AUX
cjal-3258	924	37	less	less	ADJ
cjal-3258	924	38	than	than	ADP
cjal-3258	924	39	their	their	PRON
cjal-3258	924	40	valuation	valuation	NOUN
cjal-3258	924	41	.	.	PUNCT
cjal-3258	925	1	229	229	NUM
cjal-3258	926	1	the	the	DET
cjal-3258	926	2	mandatory	mandatory	ADJ
cjal-3258	926	3	transfer	transfer	NOUN
cjal-3258	926	4	rule	rule	NOUN
cjal-3258	926	5	is	be	AUX
cjal-3258	926	6	something	something	PRON
cjal-3258	926	7	of	of	ADP
cjal-3258	926	8	a	a	DET
cjal-3258	926	9	wild	wild	ADJ
cjal-3258	926	10	card	card	NOUN
cjal-3258	926	11	as	as	SCONJ
cjal-3258	926	12	the	the	DET
cjal-3258	926	13	rule	rule	NOUN
cjal-3258	926	14	may	may	AUX
cjal-3258	926	15	be	be	AUX
cjal-3258	926	16	advantageous	advantageous	ADJ
cjal-3258	926	17	to	to	ADP
cjal-3258	926	18	either	either	CCONJ
cjal-3258	926	19	,	,	PUNCT
cjal-3258	926	20	neither	neither	CCONJ
cjal-3258	926	21	,	,	PUNCT
cjal-3258	926	22	or	or	CCONJ
cjal-3258	926	23	both	both	PRON
cjal-3258	926	24	of	of	ADP
cjal-3258	926	25	the	the	DET
cjal-3258	926	26	parties	party	NOUN
cjal-3258	926	27	,	,	PUNCT
cjal-3258	926	28	depending	depend	VERB
cjal-3258	926	29	on	on	ADP
cjal-3258	926	30	the	the	DET
cjal-3258	926	31	actual	actual	ADJ
cjal-3258	926	32	circumstances	circumstance	NOUN
cjal-3258	926	33	and	and	CCONJ
cjal-3258	926	34	the	the	DET
cjal-3258	926	35	parties	party	NOUN
cjal-3258	926	36	'	'	PART
cjal-3258	926	37	characteristics	characteristic	NOUN
cjal-3258	926	38	.	.	PUNCT
cjal-3258	927	1	it	it	PRON
cjal-3258	927	2	is	be	AUX
cjal-3258	927	3	not	not	PART
cjal-3258	927	4	our	our	PRON
cjal-3258	927	5	purpose	purpose	NOUN
cjal-3258	927	6	to	to	PART
cjal-3258	927	7	propose	propose	VERB
cjal-3258	927	8	which	which	DET
cjal-3258	927	9	approach	approach	NOUN
cjal-3258	927	10	would	would	AUX
cjal-3258	927	11	accord	accord	VERB
cjal-3258	927	12	more	more	ADV
cjal-3258	927	13	with	with	ADP
cjal-3258	927	14	justice	justice	NOUN
cjal-3258	927	15	and	and	CCONJ
cjal-3258	927	16	equity	equity	NOUN
cjal-3258	927	17	.	.	PUNCT
cjal-3258	928	1	we	we	PRON
cjal-3258	928	2	merely	merely	ADV
cjal-3258	928	3	want	want	VERB
cjal-3258	928	4	to	to	PART
cjal-3258	928	5	highlight	highlight	VERB
cjal-3258	928	6	that	that	SCONJ
cjal-3258	928	7	the	the	DET
cjal-3258	928	8	issues	issue	NOUN
cjal-3258	928	9	of	of	ADP
cjal-3258	928	10	equity	equity	NOUN
cjal-3258	928	11	are	be	AUX
cjal-3258	928	12	not	not	PART
cjal-3258	928	13	resolved	resolve	VERB
cjal-3258	928	14	by	by	ADP
cjal-3258	928	15	the	the	DET
cjal-3258	928	16	privatized	privatized	ADJ
cjal-3258	928	17	reform	reform	NOUN
cjal-3258	928	18	measures	measure	NOUN
cjal-3258	928	19	.	.	PUNCT
cjal-3258	929	1	the	the	DET
cjal-3258	929	2	perceived	perceive	VERB
cjal-3258	929	3	effectiveness	effectiveness	NOUN
cjal-3258	929	4	and	and	CCONJ
cjal-3258	929	5	merits	merit	NOUN
cjal-3258	929	6	of	of	ADP
cjal-3258	929	7	the	the	DET
cjal-3258	929	8	current	current	ADJ
cjal-3258	929	9	reform	reform	NOUN
cjal-3258	929	10	is	be	AUX
cjal-3258	929	11	in	in	ADP
cjal-3258	929	12	no	no	DET
cjal-3258	929	13	small	small	ADJ
cjal-3258	929	14	part	part	NOUN
cjal-3258	929	15	dependent	dependent	ADJ
cjal-3258	929	16	on	on	ADP
cjal-3258	929	17	one	one	PRON
cjal-3258	929	18	's	's	PART
cjal-3258	929	19	preferred	preferred	ADJ
cjal-3258	929	20	approach	approach	NOUN
cjal-3258	929	21	towards	towards	ADP
cjal-3258	929	22	wealth	wealth	NOUN
cjal-3258	929	23	distribution	distribution	NOUN
cjal-3258	929	24	.	.	PUNCT
cjal-3258	930	1	this	this	PRON
cjal-3258	930	2	is	be	AUX
cjal-3258	930	3	particularly	particularly	ADV
cjal-3258	930	4	relevant	relevant	ADJ
cjal-3258	930	5	in	in	ADP
cjal-3258	930	6	the	the	DET
cjal-3258	930	7	context	context	NOUN
cjal-3258	930	8	of	of	ADP
cjal-3258	930	9	china	china	PROPN
cjal-3258	930	10	,	,	PUNCT
cjal-3258	930	11	where	where	SCONJ
cjal-3258	930	12	the	the	DET
cjal-3258	930	13	often	often	ADV
cjal-3258	930	14	overzealous	overzealous	ADJ
cjal-3258	930	15	emphasis	emphasis	NOUN
cjal-3258	930	16	on	on	ADP
cjal-3258	930	17	private	private	ADJ
cjal-3258	930	18	market	market	NOUN
cjal-3258	930	19	mechanisms	mechanism	NOUN
cjal-3258	930	20	can	can	AUX
cjal-3258	930	21	be	be	AUX
cjal-3258	930	22	understood	understand	VERB
cjal-3258	930	23	as	as	ADP
cjal-3258	930	24	a	a	DET
cjal-3258	930	25	reaction	reaction	NOUN
cjal-3258	930	26	to	to	ADP
cjal-3258	930	27	the	the	DET
cjal-3258	930	28	failure	failure	NOUN
cjal-3258	930	29	of	of	ADP
cjal-3258	930	30	a	a	DET
cjal-3258	930	31	planned	planned	ADJ
cjal-3258	930	32	economy	economy	NOUN
cjal-3258	930	33	.	.	PUNCT
cjal-3258	931	1	unfortunately	unfortunately	ADV
cjal-3258	931	2	,	,	PUNCT
cjal-3258	931	3	this	this	PRON
cjal-3258	931	4	often	often	ADV
cjal-3258	931	5	comes	come	VERB
cjal-3258	931	6	at	at	ADP
cjal-3258	931	7	the	the	DET
cjal-3258	931	8	expense	expense	NOUN
cjal-3258	931	9	of	of	ADP
cjal-3258	931	10	social	social	ADJ
cjal-3258	931	11	equity	equity	NOUN
cjal-3258	931	12	.	.	PUNCT
cjal-3258	932	1	with	with	ADP
cjal-3258	932	2	the	the	DET
cjal-3258	932	3	rapid	rapid	ADJ
cjal-3258	932	4	widening	widening	NOUN
cjal-3258	932	5	of	of	ADP
cjal-3258	932	6	the	the	DET
cjal-3258	932	7	chinese	chinese	ADJ
cjal-3258	932	8	social	social	ADJ
cjal-3258	932	9	gap	gap	NOUN
cjal-3258	932	10	,	,	PUNCT
cjal-3258	932	11	such	such	ADJ
cjal-3258	932	12	issues	issue	NOUN
cjal-3258	932	13	of	of	ADP
cjal-3258	932	14	equity	equity	NOUN
cjal-3258	932	15	can	can	AUX
cjal-3258	932	16	not	not	PART
cjal-3258	932	17	be	be	AUX
cjal-3258	932	18	ignored	ignore	VERB
cjal-3258	932	19	in	in	ADP
cjal-3258	932	20	current	current	ADJ
cjal-3258	932	21	and	and	CCONJ
cjal-3258	932	22	future	future	ADJ
cjal-3258	932	23	reforms	reform	NOUN
cjal-3258	932	24	.	.	PUNCT
cjal-3258	933	1	3	3	X
cjal-3258	933	2	.	.	X
cjal-3258	933	3	rationality	rationality	NOUN
cjal-3258	933	4	of	of	ADP
cjal-3258	933	5	economic	economic	ADJ
cjal-3258	933	6	actors	actor	NOUN
cjal-3258	933	7	successful	successful	ADJ
cjal-3258	933	8	privatization	privatization	NOUN
cjal-3258	933	9	requires	require	VERB
cjal-3258	933	10	that	that	SCONJ
cjal-3258	933	11	relevant	relevant	ADJ
cjal-3258	933	12	economic	economic	ADJ
cjal-3258	933	13	actors	actor	NOUN
cjal-3258	933	14	act	act	VERB
cjal-3258	933	15	rationally	rationally	ADV
cjal-3258	933	16	.	.	PUNCT
cjal-3258	934	1	the	the	DET
cjal-3258	934	2	truth	truth	NOUN
cjal-3258	934	3	is	be	AUX
cjal-3258	934	4	often	often	ADV
cjal-3258	934	5	far	far	ADV
cjal-3258	934	6	from	from	ADP
cjal-3258	934	7	this	this	DET
cjal-3258	934	8	requirement	requirement	NOUN
cjal-3258	934	9	.	.	PUNCT
cjal-3258	935	1	plagued	plague	VERB
cjal-3258	935	2	by	by	ADP
cjal-3258	935	3	human	human	ADJ
cjal-3258	935	4	behavioral	behavioral	ADJ
cjal-3258	935	5	traits	trait	NOUN
cjal-3258	935	6	,	,	PUNCT
cjal-3258	935	7	parties	party	NOUN
cjal-3258	935	8	in	in	ADP
cjal-3258	935	9	the	the	DET
cjal-3258	935	10	private	private	ADJ
cjal-3258	935	11	bargaining	bargaining	NOUN
cjal-3258	935	12	process	process	NOUN
cjal-3258	935	13	often	often	ADV
cjal-3258	935	14	226kfl	226kfl	NUM
cjal-3258	935	15	,	,	PUNCT
cjal-3258	935	16	a)r-:vjzl	a)r-:vjzl	NOUN
cjal-3258	935	17	"	"	PUNCT
cjal-3258	935	18	"	"	PUNCT
cjal-3258	936	1	[	[	X
cjal-3258	936	2	y	y	X
cjal-3258	936	3	-	-	PUNCT
cjal-3258	936	4	ff	ff	PROPN
cjal-3258	936	5	,	,	PUNCT
cjal-3258	936	6	t	t	PROPN
cjal-3258	936	7	?	?	PUNCT
cjal-3258	937	1	[	[	X
cjal-3258	937	2	zhang	zhang	PROPN
cjal-3258	937	3	gangjun	gangjun	PROPN
cjal-3258	937	4	,	,	PUNCT
cjal-3258	937	5	exactly	exactly	ADV
cjal-3258	937	6	what	what	PRON
cjal-3258	937	7	kind	kind	NOUN
cjal-3258	937	8	of	of	ADP
cjal-3258	937	9	rights	right	NOUN
cjal-3258	937	10	do	do	AUX
cjal-3258	937	11	ashares	ashare	NOUN
cjal-3258	937	12	have	have	VERB
cjal-3258	937	13	?	?	PUNCT
cjal-3258	937	14	]	]	X
cjal-3258	937	15	,	,	PUNCT
cjal-3258	937	16	fp	fp	INTJ
cjal-3258	937	17	in	in	ADP
cjal-3258	937	18	94	94	NUM
cjal-3258	937	19	v	v	NOUN
cjal-3258	937	20	.	.	PUNCT
cjal-3258	938	1	[	[	X
cjal-3258	938	2	china	china	PROPN
cjal-3258	938	3	econ	econ	PROPN
cjal-3258	938	4	.	.	PUNCT
cjal-3258	939	1	times	time	NOUN
cjal-3258	939	2	]	]	PUNCT
cjal-3258	939	3	,	,	PUNCT
cjal-3258	939	4	mar	mar	PROPN
cjal-3258	939	5	.	.	PROPN
cjal-3258	939	6	30	30	NUM
cjal-3258	939	7	,	,	PUNCT
cjal-3258	939	8	2005	2005	NUM
cjal-3258	939	9	,	,	PUNCT
cjal-3258	939	10	available	available	ADJ
cjal-3258	939	11	at	at	ADP
cjal-3258	939	12	http://www.cet.com.cn/20050330/shelun/200503302.htm	http://www.cet.com.cn/20050330/shelun/200503302.htm	PROPN
cjal-3258	939	13	.	.	PUNCT
cjal-3258	940	1	227	227	NUM
cjal-3258	940	2	ld	ld	NOUN
cjal-3258	940	3	.	.	PROPN
cjal-3258	940	4	228	228	NUM
cjal-3258	941	1	he	he	PRON
cjal-3258	941	2	,	,	PUNCT
cjal-3258	941	3	supra	supra	PROPN
cjal-3258	941	4	note	note	PROPN
cjal-3258	941	5	7	7	NUM
cjal-3258	941	6	,	,	PUNCT
cjal-3258	941	7	at	at	ADP
cjal-3258	941	8	48	48	NUM
cjal-3258	941	9	.	.	PUNCT
cjal-3258	942	1	229	229	NUM
cjal-3258	942	2	morris	morris	PROPN
cjal-3258	942	3	,	,	PUNCT
cjal-3258	942	4	supra	supra	PROPN
cjal-3258	942	5	note	note	PROPN
cjal-3258	942	6	194	194	NUM
cjal-3258	942	7	,	,	PUNCT
cjal-3258	942	8	at	at	ADP
cjal-3258	942	9	853	853	NUM
cjal-3258	942	10	.	.	PUNCT
cjal-3258	942	11	230	230	NUM
cjal-3258	943	1	i	i	PRON
cjal-3258	943	2	d.	d.	PROPN
cjal-3258	943	3	at	at	ADP
cjal-3258	943	4	864	864	NUM
cjal-3258	943	5	.	.	PUNCT
cjal-3258	944	1	[	[	X
cjal-3258	944	2	20:1	20:1	NUM
cjal-3258	944	3	regulatory	regulatory	ADJ
cjal-3258	944	4	gi	gi	NOUN
cjal-3258	944	5	vings	ving	NOUN
cjal-3258	944	6	in	in	ADP
cjal-3258	944	7	china	china	PROPN
cjal-3258	944	8	fail	fail	VERB
cjal-3258	944	9	to	to	PART
cjal-3258	944	10	achieve	achieve	VERB
cjal-3258	944	11	the	the	DET
cjal-3258	944	12	most	most	ADV
cjal-3258	944	13	efficient	efficient	ADJ
cjal-3258	944	14	allocation	allocation	NOUN
cjal-3258	944	15	of	of	ADP
cjal-3258	944	16	resources	resource	NOUN
cjal-3258	944	17	.	.	PUNCT
cjal-3258	945	1	one	one	NUM
cjal-3258	945	2	such	such	ADJ
cjal-3258	945	3	relevant	relevant	ADJ
cjal-3258	945	4	behavioral	behavioral	ADJ
cjal-3258	945	5	trait	trait	NOUN
cjal-3258	945	6	is	be	AUX
cjal-3258	945	7	the	the	DET
cjal-3258	945	8	"	"	PUNCT
cjal-3258	945	9	endowment	endowment	ADJ
cjal-3258	945	10	effect	effect	NOUN
cjal-3258	945	11	,	,	PUNCT
cjal-3258	945	12	"	"	PUNCT
cjal-3258	945	13	which	which	PRON
cjal-3258	945	14	states	state	VERB
cjal-3258	945	15	that	that	SCONJ
cjal-3258	945	16	people	people	NOUN
cjal-3258	945	17	often	often	ADV
cjal-3258	945	18	demand	demand	VERB
cjal-3258	945	19	more	more	ADJ
cjal-3258	945	20	to	to	PART
cjal-3258	945	21	give	give	VERB
cjal-3258	945	22	up	up	ADP
cjal-3258	945	23	a	a	DET
cjal-3258	945	24	good	good	NOUN
cjal-3258	945	25	than	than	SCONJ
cjal-3258	945	26	to	to	PART
cjal-3258	945	27	purchase	purchase	VERB
cjal-3258	945	28	it	it	PRON
cjal-3258	945	29	.	.	PUNCT
cjal-3258	946	1	231	231	NUM
cjal-3258	946	2	this	this	DET
cjal-3258	946	3	behavioral	behavioral	ADJ
cjal-3258	946	4	trait	trait	NOUN
cjal-3258	946	5	is	be	AUX
cjal-3258	946	6	directly	directly	ADV
cjal-3258	946	7	applicable	applicable	ADJ
cjal-3258	946	8	to	to	ADP
cjal-3258	946	9	our	our	PRON
cjal-3258	946	10	split	split	ADJ
cjal-3258	946	11	share	share	NOUN
cjal-3258	946	12	structure	structure	NOUN
cjal-3258	946	13	reform	reform	NOUN
cjal-3258	946	14	.	.	PUNCT
cjal-3258	947	1	having	having	AUX
cjal-3258	947	2	given	give	VERB
cjal-3258	947	3	the	the	DET
cjal-3258	947	4	right	right	NOUN
cjal-3258	947	5	to	to	PART
cjal-3258	947	6	veto	veto	VERB
cjal-3258	947	7	any	any	DET
cjal-3258	947	8	trading	trading	NOUN
cjal-3258	947	9	proposal	proposal	NOUN
cjal-3258	947	10	initiated	initiate	VERB
cjal-3258	947	11	by	by	ADP
cjal-3258	947	12	the	the	DET
cjal-3258	947	13	nontradable	nontradable	ADJ
cjal-3258	947	14	shareholders	shareholder	NOUN
cjal-3258	947	15	,	,	PUNCT
cjal-3258	947	16	the	the	DET
cjal-3258	947	17	tradable	tradable	ADJ
cjal-3258	947	18	shareholders	shareholder	NOUN
cjal-3258	947	19	are	be	AUX
cjal-3258	947	20	likely	likely	ADJ
cjal-3258	947	21	to	to	PART
cjal-3258	947	22	ask	ask	VERB
cjal-3258	947	23	for	for	ADP
cjal-3258	947	24	more	more	ADJ
cjal-3258	947	25	compensation	compensation	NOUN
cjal-3258	947	26	then	then	ADV
cjal-3258	947	27	they	they	PRON
cjal-3258	947	28	would	would	AUX
cjal-3258	947	29	otherwise	otherwise	ADV
cjal-3258	947	30	expect	expect	VERB
cjal-3258	947	31	or	or	CCONJ
cjal-3258	947	32	be	be	AUX
cjal-3258	947	33	satisfied	satisfied	ADJ
cjal-3258	947	34	with	with	ADP
cjal-3258	947	35	under	under	ADP
cjal-3258	947	36	a	a	DET
cjal-3258	947	37	liability	liability	NOUN
cjal-3258	947	38	rule	rule	NOUN
cjal-3258	947	39	-	-	PUNCT
cjal-3258	947	40	styled	style	VERB
cjal-3258	947	41	compensation	compensation	NOUN
cjal-3258	947	42	right	right	NOUN
cjal-3258	947	43	.	.	PUNCT
cjal-3258	948	1	similarly	similarly	ADV
cjal-3258	948	2	,	,	PUNCT
cjal-3258	948	3	there	there	PRON
cjal-3258	948	4	is	be	VERB
cjal-3258	948	5	the	the	DET
cjal-3258	948	6	tendency	tendency	NOUN
cjal-3258	948	7	for	for	SCONJ
cjal-3258	948	8	parties	party	NOUN
cjal-3258	948	9	to	to	PART
cjal-3258	948	10	conflate	conflate	VERB
cjal-3258	948	11	what	what	PRON
cjal-3258	948	12	is	be	AUX
cjal-3258	948	13	fair	fair	ADJ
cjal-3258	948	14	with	with	ADP
cjal-3258	948	15	what	what	PRON
cjal-3258	948	16	is	be	AUX
cjal-3258	948	17	in	in	ADP
cjal-3258	948	18	their	their	PRON
cjal-3258	948	19	favor.232	favor.232	NOUN
cjal-3258	948	20	this	this	DET
cjal-3258	948	21	selfserving	selfserving	ADJ
cjal-3258	948	22	bias	bias	NOUN
cjal-3258	948	23	hinders	hinder	VERB
cjal-3258	948	24	the	the	DET
cjal-3258	948	25	attainment	attainment	NOUN
cjal-3258	948	26	of	of	ADP
cjal-3258	948	27	a	a	DET
cjal-3258	948	28	truly	truly	ADV
cjal-3258	948	29	efficient	efficient	ADJ
cjal-3258	948	30	win	win	NOUN
cjal-3258	948	31	-	-	PUNCT
cjal-3258	948	32	win	win	NOUN
cjal-3258	948	33	bargain	bargain	NOUN
cjal-3258	948	34	.	.	PUNCT
cjal-3258	949	1	loss	loss	NOUN
cjal-3258	949	2	aversion	aversion	NOUN
cjal-3258	949	3	behavior	behavior	NOUN
cjal-3258	949	4	233	233	NUM
cjal-3258	949	5	may	may	AUX
cjal-3258	949	6	also	also	ADV
cjal-3258	949	7	kick	kick	VERB
cjal-3258	949	8	in	in	ADP
cjal-3258	949	9	on	on	ADP
cjal-3258	949	10	both	both	CCONJ
cjal-3258	949	11	the	the	DET
cjal-3258	949	12	tradable	tradable	ADJ
cjal-3258	949	13	shareholders	shareholder	NOUN
cjal-3258	949	14	and	and	CCONJ
cjal-3258	949	15	non	non	ADJ
cjal-3258	949	16	-	-	ADJ
cjal-3258	949	17	tradable	tradable	ADJ
cjal-3258	949	18	shareholders	shareholder	NOUN
cjal-3258	949	19	such	such	ADJ
cjal-3258	949	20	that	that	SCONJ
cjal-3258	949	21	they	they	PRON
cjal-3258	949	22	are	be	AUX
cjal-3258	949	23	more	more	ADV
cjal-3258	949	24	inclined	inclined	ADJ
cjal-3258	949	25	towards	towards	ADP
cjal-3258	949	26	maintaining	maintain	VERB
cjal-3258	949	27	the	the	DET
cjal-3258	949	28	status	status	NOUN
cjal-3258	949	29	quo	quo	NOUN
cjal-3258	949	30	than	than	ADP
cjal-3258	949	31	undertaking	undertake	VERB
cjal-3258	949	32	the	the	DET
cjal-3258	949	33	risks	risk	NOUN
cjal-3258	949	34	of	of	ADP
cjal-3258	949	35	reform	reform	NOUN
cjal-3258	949	36	.	.	PUNCT
cjal-3258	950	1	myopic	myopic	ADJ
cjal-3258	950	2	tendencies	tendency	NOUN
cjal-3258	950	3	and	and	CCONJ
cjal-3258	950	4	indifference	indifference	NOUN
cjal-3258	950	5	about	about	ADP
cjal-3258	950	6	the	the	DET
cjal-3258	950	7	future234	future234	PROPN
cjal-3258	950	8	may	may	AUX
cjal-3258	950	9	also	also	ADV
cjal-3258	950	10	result	result	VERB
cjal-3258	950	11	in	in	ADP
cjal-3258	950	12	the	the	DET
cjal-3258	950	13	long	long	ADJ
cjal-3258	950	14	term	term	NOUN
cjal-3258	950	15	benefits	benefit	NOUN
cjal-3258	950	16	of	of	ADP
cjal-3258	950	17	the	the	DET
cjal-3258	950	18	reform	reform	NOUN
cjal-3258	950	19	not	not	PART
cjal-3258	950	20	being	be	AUX
cjal-3258	950	21	factored	factor	VERB
cjal-3258	950	22	into	into	ADP
cjal-3258	950	23	the	the	DET
cjal-3258	950	24	parties	party	NOUN
cjal-3258	950	25	'	'	PART
cjal-3258	950	26	calculus	calculus	NOUN
cjal-3258	950	27	,	,	PUNCT
cjal-3258	950	28	even	even	ADV
cjal-3258	950	29	if	if	SCONJ
cjal-3258	950	30	those	those	DET
cjal-3258	950	31	benefits	benefit	NOUN
cjal-3258	950	32	are	be	AUX
cjal-3258	950	33	personally	personally	ADV
cjal-3258	950	34	applicable	applicable	ADJ
cjal-3258	950	35	.	.	PUNCT
cjal-3258	951	1	a	a	DET
cjal-3258	951	2	unique	unique	ADJ
cjal-3258	951	3	feature	feature	NOUN
cjal-3258	951	4	of	of	ADP
cjal-3258	951	5	the	the	DET
cjal-3258	951	6	chinese	chinese	ADJ
cjal-3258	951	7	stock	stock	NOUN
cjal-3258	951	8	markets	market	NOUN
cjal-3258	951	9	further	far	ADV
cjal-3258	951	10	exacerbates	exacerbate	VERB
cjal-3258	951	11	the	the	DET
cjal-3258	951	12	problem	problem	NOUN
cjal-3258	951	13	of	of	ADP
cjal-3258	951	14	irrationality	irrationality	NOUN
cjal-3258	951	15	.	.	PUNCT
cjal-3258	952	1	as	as	SCONJ
cjal-3258	952	2	discussed	discuss	VERB
cjal-3258	952	3	in	in	ADP
cjal-3258	952	4	the	the	DET
cjal-3258	952	5	previous	previous	ADJ
cjal-3258	952	6	section	section	NOUN
cjal-3258	952	7	,	,	PUNCT
cjal-3258	952	8	the	the	DET
cjal-3258	952	9	tradable	tradable	ADJ
cjal-3258	952	10	shares	share	NOUN
cjal-3258	952	11	market	market	NOUN
cjal-3258	952	12	in	in	ADP
cjal-3258	952	13	china	china	PROPN
cjal-3258	952	14	predominantly	predominantly	ADV
cjal-3258	952	15	consists	consist	VERB
cjal-3258	952	16	of	of	ADP
cjal-3258	952	17	small	small	ADJ
cjal-3258	952	18	-	-	PUNCT
cjal-3258	952	19	scale	scale	NOUN
cjal-3258	952	20	individual	individual	ADJ
cjal-3258	952	21	investors	investor	NOUN
cjal-3258	952	22	.	.	PUNCT
cjal-3258	953	1	these	these	DET
cjal-3258	953	2	tradable	tradable	ADJ
cjal-3258	953	3	shareholders	shareholder	NOUN
cjal-3258	953	4	have	have	VERB
cjal-3258	953	5	far	far	ADV
cjal-3258	953	6	fewer	few	ADJ
cjal-3258	953	7	resources	resource	NOUN
cjal-3258	953	8	for	for	ADP
cjal-3258	953	9	information	information	NOUN
cjal-3258	953	10	acquisition	acquisition	NOUN
cjal-3258	953	11	,	,	PUNCT
cjal-3258	953	12	information	information	NOUN
cjal-3258	953	13	analysis	analysis	NOUN
cjal-3258	953	14	,	,	PUNCT
cjal-3258	953	15	and	and	CCONJ
cjal-3258	953	16	decision	decision	NOUN
cjal-3258	953	17	making	making	NOUN
cjal-3258	953	18	than	than	SCONJ
cjal-3258	953	19	do	do	VERB
cjal-3258	953	20	institutional	institutional	ADJ
cjal-3258	953	21	investors.235	investors.235	NOUN
cjal-3258	953	22	on	on	ADP
cjal-3258	953	23	the	the	DET
cjal-3258	953	24	other	other	ADJ
cjal-3258	953	25	hand	hand	NOUN
cjal-3258	953	26	,	,	PUNCT
cjal-3258	953	27	the	the	DET
cjal-3258	953	28	nontradable	nontradable	ADJ
cjal-3258	953	29	shareholders	shareholder	NOUN
cjal-3258	953	30	are	be	AUX
cjal-3258	953	31	usually	usually	ADV
cjal-3258	953	32	either	either	CCONJ
cjal-3258	953	33	the	the	DET
cjal-3258	953	34	state	state	NOUN
cjal-3258	953	35	itself	itself	PRON
cjal-3258	953	36	or	or	CCONJ
cjal-3258	953	37	corporations	corporation	NOUN
cjal-3258	953	38	.	.	PUNCT
cjal-3258	954	1	whether	whether	SCONJ
cjal-3258	954	2	the	the	DET
cjal-3258	954	3	tradable	tradable	ADJ
cjal-3258	954	4	shareholders	shareholder	NOUN
cjal-3258	954	5	can	can	AUX
cjal-3258	954	6	effectively	effectively	ADV
cjal-3258	954	7	bargain	bargain	VERB
cjal-3258	954	8	with	with	ADP
cjal-3258	954	9	the	the	DET
cjal-3258	954	10	nontradable	nontradable	ADJ
cjal-3258	954	11	shareholders	shareholder	NOUN
cjal-3258	954	12	to	to	PART
cjal-3258	954	13	achieve	achieve	VERB
cjal-3258	954	14	the	the	DET
cjal-3258	954	15	most	most	ADV
cjal-3258	954	16	efficient	efficient	ADJ
cjal-3258	954	17	outcome	outcome	NOUN
cjal-3258	954	18	for	for	ADP
cjal-3258	954	19	both	both	DET
cjal-3258	954	20	parties	party	NOUN
cjal-3258	954	21	is	be	AUX
cjal-3258	954	22	certainly	certainly	ADV
cjal-3258	954	23	questionable	questionable	ADJ
cjal-3258	954	24	.	.	PUNCT
cjal-3258	955	1	it	it	PRON
cjal-3258	955	2	is	be	AUX
cjal-3258	955	3	ironic	ironic	ADJ
cjal-3258	955	4	that	that	SCONJ
cjal-3258	955	5	while	while	SCONJ
cjal-3258	955	6	the	the	DET
cjal-3258	955	7	success	success	NOUN
cjal-3258	955	8	of	of	ADP
cjal-3258	955	9	the	the	DET
cjal-3258	955	10	reform	reform	NOUN
cjal-3258	955	11	now	now	ADV
cjal-3258	955	12	lies	lie	VERB
cjal-3258	955	13	significantly	significantly	ADV
cjal-3258	955	14	on	on	ADP
cjal-3258	955	15	the	the	DET
cjal-3258	955	16	shoulders	shoulder	NOUN
cjal-3258	955	17	of	of	ADP
cjal-3258	955	18	the	the	DET
cjal-3258	955	19	tradable	tradable	ADJ
cjal-3258	955	20	shareholders	shareholder	NOUN
cjal-3258	955	21	,	,	PUNCT
cjal-3258	955	22	their	their	PRON
cjal-3258	955	23	limited	limited	ADJ
cjal-3258	955	24	resources	resource	NOUN
cjal-3258	955	25	have	have	AUX
cjal-3258	955	26	been	be	AUX
cjal-3258	955	27	identified	identify	VERB
cjal-3258	955	28	as	as	ADP
cjal-3258	955	29	among	among	ADP
cjal-3258	955	30	the	the	DET
cjal-3258	955	31	sustaining	sustain	VERB
cjal-3258	955	32	factors	factor	NOUN
cjal-3258	955	33	in	in	ADP
cjal-3258	955	34	the	the	DET
cjal-3258	955	35	high	high	ADJ
cjal-3258	955	36	transaction	transaction	NOUN
cjal-3258	955	37	costs	cost	NOUN
cjal-3258	955	38	for	for	ADP
cjal-3258	955	39	split	split	ADJ
cjal-3258	955	40	share	share	NOUN
cjal-3258	955	41	structure	structure	NOUN
cjal-3258	955	42	reform	reform	NOUN
cjal-3258	955	43	in	in	ADP
cjal-3258	955	44	the	the	DET
cjal-3258	955	45	first	first	ADJ
cjal-3258	955	46	place.236	place.236	PROPN
cjal-3258	955	47	in	in	ADP
cjal-3258	955	48	conclusion	conclusion	NOUN
cjal-3258	955	49	,	,	PUNCT
cjal-3258	955	50	we	we	PRON
cjal-3258	955	51	give	give	VERB
cjal-3258	955	52	due	due	ADJ
cjal-3258	955	53	credit	credit	NOUN
cjal-3258	955	54	to	to	ADP
cjal-3258	955	55	the	the	DET
cjal-3258	955	56	chinese	chinese	ADJ
cjal-3258	955	57	authorities	authority	NOUN
cjal-3258	955	58	for	for	ADP
cjal-3258	955	59	their	their	PRON
cjal-3258	955	60	choice	choice	NOUN
cjal-3258	955	61	of	of	ADP
cjal-3258	955	62	property	property	NOUN
cjal-3258	955	63	rule	rule	NOUN
cjal-3258	955	64	protection	protection	NOUN
cjal-3258	955	65	and	and	CCONJ
cjal-3258	955	66	the	the	DET
cjal-3258	955	67	privatized	privatized	ADJ
cjal-3258	955	68	bargaining	bargaining	NOUN
cjal-3258	955	69	mechanism	mechanism	NOUN
cjal-3258	955	70	.	.	PUNCT
cjal-3258	956	1	however	however	ADV
cjal-3258	956	2	,	,	PUNCT
cjal-3258	956	3	the	the	DET
cjal-3258	956	4	inherent	inherent	ADJ
cjal-3258	956	5	limitations	limitation	NOUN
cjal-3258	956	6	of	of	ADP
cjal-3258	956	7	the	the	DET
cjal-3258	956	8	choices	choice	NOUN
cjal-3258	956	9	means	mean	VERB
cjal-3258	956	10	that	that	SCONJ
cjal-3258	956	11	the	the	DET
cjal-3258	956	12	successful	successful	ADJ
cjal-3258	956	13	implementation	implementation	NOUN
cjal-3258	956	14	of	of	ADP
cjal-3258	956	15	reform	reform	NOUN
cjal-3258	956	16	is	be	AUX
cjal-3258	956	17	far	far	ADV
cjal-3258	956	18	from	from	ADP
cjal-3258	956	19	guaranteed	guarantee	VERB
cjal-3258	956	20	.	.	PUNCT
cjal-3258	957	1	231	231	NUM
cjal-3258	957	2	dibadj	dibadj	NOUN
cjal-3258	957	3	,	,	PUNCT
cjal-3258	957	4	supra	supra	PROPN
cjal-3258	957	5	note	note	NOUN
cjal-3258	957	6	212	212	NUM
cjal-3258	957	7	,	,	PUNCT
cjal-3258	957	8	at	at	ADP
cjal-3258	957	9	1089	1089	NUM
cjal-3258	957	10	.	.	PUNCT
cjal-3258	958	1	232	232	NUM
cjal-3258	958	2	see	see	VERB
cjal-3258	958	3	reza	reza	ADJ
cjal-3258	958	4	dibadj	dibadj	PROPN
cjal-3258	958	5	,	,	PUNCT
cjal-3258	958	6	reconceiving	reconceive	VERB
cjal-3258	958	7	the	the	DET
cjal-3258	958	8	firm	firm	NOUN
cjal-3258	958	9	,	,	PUNCT
cjal-3258	958	10	26	26	NUM
cjal-3258	958	11	cardozo	cardozo	PROPN
cjal-3258	958	12	l.	l.	PROPN
cjal-3258	958	13	rev	rev	PROPN
cjal-3258	958	14	.	.	PROPN
cjal-3258	958	15	1459	1459	NUM
cjal-3258	958	16	,	,	PUNCT
cjal-3258	958	17	1489	1489	NUM
cjal-3258	958	18	n.	n.	NOUN
cjal-3258	958	19	132	132	NUM
cjal-3258	958	20	(	(	PUNCT
cjal-3258	958	21	2005	2005	NUM
cjal-3258	958	22	)	)	PUNCT
cjal-3258	958	23	;	;	PUNCT
cjal-3258	958	24	cass	cass	PROPN
cjal-3258	958	25	r.	r.	PROPN
cjal-3258	958	26	sunstein	sunstein	PROPN
cjal-3258	958	27	,	,	PUNCT
cjal-3258	958	28	behavioral	behavioral	ADJ
cjal-3258	958	29	analysis	analysis	NOUN
cjal-3258	958	30	of	of	ADP
cjal-3258	958	31	law	law	NOUN
cjal-3258	958	32	,	,	PUNCT
cjal-3258	958	33	64	64	NUM
cjal-3258	958	34	u.	u.	NOUN
cjal-3258	958	35	chi	chi	PROPN
cjal-3258	958	36	.	.	PUNCT
cjal-3258	959	1	l.	l.	PROPN
cjal-3258	959	2	rev	rev	PROPN
cjal-3258	959	3	.	.	PROPN
cjal-3258	959	4	1175	1175	NUM
cjal-3258	959	5	,	,	PUNCT
cjal-3258	959	6	1183	1183	NUM
cjal-3258	959	7	(	(	PUNCT
cjal-3258	959	8	1997	1997	NUM
cjal-3258	959	9	)	)	PUNCT
cjal-3258	959	10	.	.	PUNCT
cjal-3258	960	1	233	233	NUM
cjal-3258	960	2	sunstein	sunstein	NOUN
cjal-3258	960	3	,	,	PUNCT
cjal-3258	960	4	supra	supra	PROPN
cjal-3258	960	5	note	note	NOUN
cjal-3258	960	6	232	232	NUM
cjal-3258	960	7	,	,	PUNCT
cjal-3258	960	8	at	at	ADP
cjal-3258	960	9	1179	1179	NUM
cjal-3258	960	10	.	.	PUNCT
cjal-3258	961	1	234	234	NUM
cjal-3258	961	2	i	i	PRON
cjal-3258	961	3	d.	d.	NOUN
cjal-3258	961	4	at	at	ADP
cjal-3258	961	5	1193	1193	NUM
cjal-3258	961	6	-	-	SYM
cjal-3258	961	7	1194	1194	NUM
cjal-3258	961	8	.	.	PUNCT
cjal-3258	962	1	235	235	NUM
cjal-3258	962	2	he	he	PRON
cjal-3258	962	3	,	,	PUNCT
cjal-3258	962	4	supra	supra	PROPN
cjal-3258	962	5	note	note	PROPN
cjal-3258	962	6	7	7	NUM
cjal-3258	962	7	,	,	PUNCT
cjal-3258	962	8	at	at	ADP
cjal-3258	962	9	55	55	NUM
cjal-3258	962	10	.	.	PUNCT
cjal-3258	962	11	236	236	NUM
cjal-3258	963	1	i	i	PRON
cjal-3258	963	2	d.	d.	PROPN
cjal-3258	963	3	at	at	ADP
cjal-3258	963	4	54	54	NUM
cjal-3258	963	5	.	.	PUNCT
cjal-3258	964	1	2006	2006	NUM
cjal-3258	964	2	]	]	PUNCT
cjal-3258	964	3	columbia	columbia	PROPN
cjal-3258	964	4	journal	journal	PROPN
cjal-3258	964	5	of	of	ADP
cjal-3258	964	6	asian	asian	PROPN
cjal-3258	964	7	la	la	PROPN
cjal-3258	964	8	w	w	PROPN
cjal-3258	964	9	vi	vi	PROPN
cjal-3258	964	10	.	.	PUNCT
cjal-3258	964	11	reform	reform	NOUN
cjal-3258	964	12	risks	risk	NOUN
cjal-3258	964	13	and	and	CCONJ
cjal-3258	964	14	recommendations	recommendation	NOUN
cjal-3258	964	15	a.	a.	NOUN
cjal-3258	964	16	risks	risk	NOUN
cjal-3258	964	17	of	of	ADP
cjal-3258	964	18	the	the	DET
cjal-3258	964	19	reform	reform	NOUN
cjal-3258	964	20	from	from	ADP
cjal-3258	964	21	the	the	DET
cjal-3258	964	22	above	above	ADJ
cjal-3258	964	23	analysis	analysis	NOUN
cjal-3258	964	24	,	,	PUNCT
cjal-3258	964	25	we	we	PRON
cjal-3258	964	26	are	be	AUX
cjal-3258	964	27	able	able	ADJ
cjal-3258	964	28	to	to	PART
cjal-3258	964	29	identify	identify	VERB
cjal-3258	964	30	two	two	NUM
cjal-3258	964	31	distinct	distinct	ADJ
cjal-3258	964	32	areas	area	NOUN
cjal-3258	964	33	of	of	ADP
cjal-3258	964	34	risks	risk	NOUN
cjal-3258	964	35	that	that	PRON
cjal-3258	964	36	may	may	AUX
cjal-3258	964	37	threaten	threaten	VERB
cjal-3258	964	38	to	to	PART
cjal-3258	964	39	undermine	undermine	VERB
cjal-3258	964	40	the	the	DET
cjal-3258	964	41	efficiency	efficiency	NOUN
cjal-3258	964	42	and	and	CCONJ
cjal-3258	964	43	effectiveness	effectiveness	NOUN
cjal-3258	964	44	of	of	ADP
cjal-3258	964	45	the	the	DET
cjal-3258	964	46	reform	reform	NOUN
cjal-3258	964	47	.	.	PUNCT
cjal-3258	965	1	first	first	ADV
cjal-3258	965	2	,	,	PUNCT
cjal-3258	965	3	there	there	PRON
cjal-3258	965	4	is	be	VERB
cjal-3258	965	5	the	the	DET
cjal-3258	965	6	risk	risk	NOUN
cjal-3258	965	7	of	of	ADP
cjal-3258	965	8	over	over	ADP
cjal-3258	965	9	-	-	PUNCT
cjal-3258	965	10	compensation	compensation	NOUN
cjal-3258	965	11	.	.	PUNCT
cjal-3258	966	1	this	this	DET
cjal-3258	966	2	risk	risk	NOUN
cjal-3258	966	3	is	be	AUX
cjal-3258	966	4	comprised	comprise	VERB
cjal-3258	966	5	of	of	ADP
cjal-3258	966	6	the	the	DET
cjal-3258	966	7	property	property	NOUN
cjal-3258	966	8	rule	rule	NOUN
cjal-3258	966	9	,	,	PUNCT
cjal-3258	966	10	behavioral	behavioral	ADJ
cjal-3258	966	11	traits	trait	NOUN
cjal-3258	966	12	and	and	CCONJ
cjal-3258	966	13	an	an	DET
cjal-3258	966	14	additional	additional	ADJ
cjal-3258	966	15	factor	factor	NOUN
cjal-3258	966	16	of	of	ADP
cjal-3258	966	17	agency	agency	NOUN
cjal-3258	966	18	costs	cost	NOUN
cjal-3258	966	19	.	.	PUNCT
cjal-3258	967	1	closely	closely	ADV
cjal-3258	967	2	related	relate	VERB
cjal-3258	967	3	to	to	ADP
cjal-3258	967	4	the	the	DET
cjal-3258	967	5	first	first	ADJ
cjal-3258	967	6	risk	risk	NOUN
cjal-3258	967	7	,	,	PUNCT
cjal-3258	967	8	the	the	DET
cjal-3258	967	9	ability	ability	NOUN
cjal-3258	967	10	of	of	ADP
cjal-3258	967	11	the	the	DET
cjal-3258	967	12	tradable	tradable	ADJ
cjal-3258	967	13	shareholders	shareholder	NOUN
cjal-3258	967	14	to	to	PART
cjal-3258	967	15	veto	veto	VERB
cjal-3258	967	16	the	the	DET
cjal-3258	967	17	proposal	proposal	NOUN
cjal-3258	967	18	with	with	ADP
cjal-3258	967	19	a	a	DET
cjal-3258	967	20	one	one	NUM
cjal-3258	967	21	-	-	PUNCT
cjal-3258	967	22	third	third	NOUN
cjal-3258	967	23	minority	minority	NOUN
cjal-3258	967	24	disapproval	disapproval	NOUN
cjal-3258	967	25	vote	vote	NOUN
cjal-3258	967	26	also	also	ADV
cjal-3258	967	27	results	result	VERB
cjal-3258	967	28	in	in	ADP
cjal-3258	967	29	a	a	DET
cjal-3258	967	30	second	second	ADJ
cjal-3258	967	31	risk	risk	NOUN
cjal-3258	967	32	of	of	ADP
cjal-3258	967	33	hold	hold	NOUN
cjal-3258	967	34	outs	out	NOUN
cjal-3258	967	35	.	.	PUNCT
cjal-3258	968	1	1	1	X
cjal-3258	968	2	.	.	X
cjal-3258	968	3	the	the	DET
cjal-3258	968	4	risk	risk	NOUN
cjal-3258	968	5	of	of	ADP
cjal-3258	968	6	over	over	ADP
cjal-3258	968	7	-	-	PUNCT
cjal-3258	968	8	compensation	compensation	NOUN
cjal-3258	968	9	three	three	NUM
cjal-3258	968	10	factors	factor	NOUN
cjal-3258	968	11	contribute	contribute	VERB
cjal-3258	968	12	to	to	ADP
cjal-3258	968	13	the	the	DET
cjal-3258	968	14	risk	risk	NOUN
cjal-3258	968	15	of	of	ADP
cjal-3258	968	16	over	over	ADP
cjal-3258	968	17	-	-	PUNCT
cjal-3258	968	18	compensation	compensation	NOUN
cjal-3258	968	19	.	.	PUNCT
cjal-3258	969	1	first	first	ADV
cjal-3258	969	2	,	,	PUNCT
cjal-3258	969	3	the	the	DET
cjal-3258	969	4	quasi	quasi	NOUN
cjal-3258	969	5	-	-	ADJ
cjal-3258	969	6	property	property	ADJ
cjal-3258	969	7	right	right	NOUN
cjal-3258	969	8	given	give	VERB
cjal-3258	969	9	to	to	ADP
cjal-3258	969	10	the	the	DET
cjal-3258	969	11	tradable	tradable	ADJ
cjal-3258	969	12	shareholders	shareholder	NOUN
cjal-3258	969	13	puts	put	VERB
cjal-3258	969	14	tradable	tradable	ADJ
cjal-3258	969	15	shareholders	shareholder	NOUN
cjal-3258	969	16	in	in	ADP
cjal-3258	969	17	a	a	DET
cjal-3258	969	18	strong	strong	ADJ
cjal-3258	969	19	bargaining	bargaining	NOUN
cjal-3258	969	20	position	position	NOUN
cjal-3258	969	21	.	.	PUNCT
cjal-3258	970	1	this	this	PRON
cjal-3258	970	2	in	in	ADP
cjal-3258	970	3	itself	itself	PRON
cjal-3258	970	4	does	do	AUX
cjal-3258	970	5	not	not	PART
cjal-3258	970	6	necessarily	necessarily	ADV
cjal-3258	970	7	result	result	VERB
cjal-3258	970	8	in	in	ADP
cjal-3258	970	9	unfair	unfair	ADJ
cjal-3258	970	10	bargaining	bargaining	NOUN
cjal-3258	970	11	,	,	PUNCT
cjal-3258	970	12	as	as	SCONJ
cjal-3258	970	13	the	the	DET
cjal-3258	970	14	non	non	ADJ
cjal-3258	970	15	-	-	ADJ
cjal-3258	970	16	tradable	tradable	ADJ
cjal-3258	970	17	shareholders	shareholder	NOUN
cjal-3258	970	18	already	already	ADV
cjal-3258	970	19	have	have	VERB
cjal-3258	970	20	significant	significant	ADJ
cjal-3258	970	21	advantages	advantage	NOUN
cjal-3258	970	22	from	from	ADP
cjal-3258	970	23	their	their	PRON
cjal-3258	970	24	scale	scale	NOUN
cjal-3258	970	25	and	and	CCONJ
cjal-3258	970	26	expertise	expertise	NOUN
cjal-3258	970	27	;	;	PUNCT
cjal-3258	970	28	however	however	ADV
cjal-3258	970	29	,	,	PUNCT
cjal-3258	970	30	taken	take	VERB
cjal-3258	970	31	together	together	ADV
cjal-3258	970	32	with	with	ADP
cjal-3258	970	33	the	the	DET
cjal-3258	970	34	second	second	ADJ
cjal-3258	970	35	factor	factor	NOUN
cjal-3258	970	36	of	of	ADP
cjal-3258	970	37	behavioral	behavioral	ADJ
cjal-3258	970	38	traits	trait	NOUN
cjal-3258	970	39	,	,	PUNCT
cjal-3258	970	40	in	in	ADP
cjal-3258	970	41	particular	particular	ADJ
cjal-3258	970	42	the	the	DET
cjal-3258	970	43	endowment	endowment	NOUN
cjal-3258	970	44	effect	effect	NOUN
cjal-3258	970	45	,	,	PUNCT
cjal-3258	970	46	tradable	tradable	ADJ
cjal-3258	970	47	shareholders	shareholder	NOUN
cjal-3258	970	48	may	may	AUX
cjal-3258	970	49	demand	demand	VERB
cjal-3258	970	50	more	more	ADJ
cjal-3258	970	51	in	in	ADP
cjal-3258	970	52	compensation	compensation	NOUN
cjal-3258	970	53	than	than	SCONJ
cjal-3258	970	54	they	they	PRON
cjal-3258	970	55	actually	actually	ADV
cjal-3258	970	56	suffer	suffer	VERB
cjal-3258	970	57	before	before	ADP
cjal-3258	970	58	giving	give	VERB
cjal-3258	970	59	their	their	PRON
cjal-3258	970	60	approval	approval	NOUN
cjal-3258	970	61	to	to	ADP
cjal-3258	970	62	a	a	DET
cjal-3258	970	63	trading	trading	NOUN
cjal-3258	970	64	proposal	proposal	NOUN
cjal-3258	970	65	.	.	PUNCT
cjal-3258	971	1	the	the	DET
cjal-3258	971	2	current	current	ADJ
cjal-3258	971	3	reform	reform	NOUN
cjal-3258	971	4	affirms	affirm	VERB
cjal-3258	971	5	their	their	PRON
cjal-3258	971	6	sentiment	sentiment	NOUN
cjal-3258	971	7	that	that	SCONJ
cjal-3258	971	8	they	they	PRON
cjal-3258	971	9	were	be	AUX
cjal-3258	971	10	previously	previously	ADV
cjal-3258	971	11	treated	treat	VERB
cjal-3258	971	12	unjustly	unjustly	ADV
cjal-3258	971	13	and	and	CCONJ
cjal-3258	971	14	hence	hence	ADV
cjal-3258	971	15	deserve	deserve	VERB
cjal-3258	971	16	compensation	compensation	NOUN
cjal-3258	971	17	,	,	PUNCT
cjal-3258	971	18	and	and	CCONJ
cjal-3258	971	19	their	their	PRON
cjal-3258	971	20	right	right	NOUN
cjal-3258	971	21	of	of	ADP
cjal-3258	971	22	veto	veto	NOUN
cjal-3258	971	23	further	far	ADV
cjal-3258	971	24	reinforces	reinforce	VERB
cjal-3258	971	25	this	this	DET
cjal-3258	971	26	belief	belief	NOUN
cjal-3258	971	27	.	.	PUNCT
cjal-3258	972	1	it	it	PRON
cjal-3258	972	2	is	be	AUX
cjal-3258	972	3	easy	easy	ADJ
cjal-3258	972	4	to	to	PART
cjal-3258	972	5	imagine	imagine	VERB
cjal-3258	972	6	that	that	SCONJ
cjal-3258	972	7	their	their	PRON
cjal-3258	972	8	expected	expect	VERB
cjal-3258	972	9	compensation	compensation	NOUN
cjal-3258	972	10	would	would	AUX
cjal-3258	972	11	be	be	AUX
cjal-3258	972	12	significantly	significantly	ADV
cjal-3258	972	13	lower	low	ADJ
cjal-3258	972	14	had	have	AUX
cjal-3258	972	15	the	the	DET
cjal-3258	972	16	government	government	NOUN
cjal-3258	972	17	only	only	ADV
cjal-3258	972	18	granted	grant	VERB
cjal-3258	972	19	them	they	PRON
cjal-3258	972	20	the	the	DET
cjal-3258	972	21	right	right	NOUN
cjal-3258	972	22	to	to	PART
cjal-3258	972	23	seek	seek	VERB
cjal-3258	972	24	compensation	compensation	NOUN
cjal-3258	972	25	,	,	PUNCT
cjal-3258	972	26	but	but	CCONJ
cjal-3258	972	27	without	without	ADP
cjal-3258	972	28	any	any	DET
cjal-3258	972	29	say	say	NOUN
cjal-3258	972	30	in	in	ADP
cjal-3258	972	31	the	the	DET
cjal-3258	972	32	trading	trading	NOUN
cjal-3258	972	33	of	of	ADP
cjal-3258	972	34	non	non	ADJ
cjal-3258	972	35	-	-	ADJ
cjal-3258	972	36	tradable	tradable	ADJ
cjal-3258	972	37	shares	share	NOUN
cjal-3258	972	38	.	.	PUNCT
cjal-3258	973	1	the	the	DET
cjal-3258	973	2	two	two	NUM
cjal-3258	973	3	factors	factor	NOUN
cjal-3258	973	4	mentioned	mention	VERB
cjal-3258	973	5	above	above	ADP
cjal-3258	973	6	cause	cause	VERB
cjal-3258	973	7	tradable	tradable	ADJ
cjal-3258	973	8	shareholders	shareholder	NOUN
cjal-3258	973	9	to	to	PART
cjal-3258	973	10	demand	demand	VERB
cjal-3258	973	11	more	more	ADJ
cjal-3258	973	12	than	than	SCONJ
cjal-3258	973	13	they	they	PRON
cjal-3258	973	14	otherwise	otherwise	ADV
cjal-3258	973	15	would	would	AUX
cjal-3258	973	16	in	in	ADP
cjal-3258	973	17	terms	term	NOUN
cjal-3258	973	18	of	of	ADP
cjal-3258	973	19	compensation	compensation	NOUN
cjal-3258	973	20	.	.	PUNCT
cjal-3258	974	1	however	however	ADV
cjal-3258	974	2	,	,	PUNCT
cjal-3258	974	3	over	over	ADP
cjal-3258	974	4	-	-	PUNCT
cjal-3258	974	5	compensation	compensation	NOUN
cjal-3258	974	6	usually	usually	ADV
cjal-3258	974	7	does	do	AUX
cjal-3258	974	8	not	not	PART
cjal-3258	974	9	take	take	VERB
cjal-3258	974	10	place	place	NOUN
cjal-3258	974	11	under	under	ADP
cjal-3258	974	12	normal	normal	ADJ
cjal-3258	974	13	circumstances	circumstance	NOUN
cjal-3258	974	14	,	,	PUNCT
cjal-3258	974	15	as	as	SCONJ
cjal-3258	974	16	the	the	DET
cjal-3258	974	17	other	other	ADJ
cjal-3258	974	18	party	party	NOUN
cjal-3258	974	19	will	will	AUX
cjal-3258	974	20	not	not	PART
cjal-3258	974	21	be	be	AUX
cjal-3258	974	22	willing	willing	ADJ
cjal-3258	974	23	to	to	PART
cjal-3258	974	24	suffer	suffer	VERB
cjal-3258	974	25	excessive	excessive	ADJ
cjal-3258	974	26	loss	loss	NOUN
cjal-3258	974	27	.	.	PUNCT
cjal-3258	975	1	here	here	ADV
cjal-3258	975	2	,	,	PUNCT
cjal-3258	975	3	the	the	DET
cjal-3258	975	4	third	third	ADJ
cjal-3258	975	5	factor	factor	NOUN
cjal-3258	975	6	of	of	ADP
cjal-3258	975	7	agency	agency	NOUN
cjal-3258	975	8	costs	cost	NOUN
cjal-3258	975	9	turns	turn	VERB
cjal-3258	975	10	this	this	DET
cjal-3258	975	11	risk	risk	NOUN
cjal-3258	975	12	of	of	ADP
cjal-3258	975	13	overcompensation	overcompensation	NOUN
cjal-3258	975	14	into	into	ADP
cjal-3258	975	15	a	a	DET
cjal-3258	975	16	reality	reality	NOUN
cjal-3258	975	17	.	.	PUNCT
cjal-3258	976	1	non	non	ADJ
cjal-3258	976	2	-	-	ADJ
cjal-3258	976	3	tradable	tradable	ADJ
cjal-3258	976	4	shares	share	NOUN
cjal-3258	976	5	are	be	AUX
cjal-3258	976	6	either	either	ADV
cjal-3258	976	7	held	hold	VERB
cjal-3258	976	8	by	by	ADP
cjal-3258	976	9	corporations	corporation	NOUN
cjal-3258	976	10	or	or	CCONJ
cjal-3258	976	11	the	the	DET
cjal-3258	976	12	state	state	NOUN
cjal-3258	976	13	,	,	PUNCT
cjal-3258	976	14	with	with	ADP
cjal-3258	976	15	the	the	DET
cjal-3258	976	16	state	state	NOUN
cjal-3258	976	17	shares	share	NOUN
cjal-3258	976	18	being	be	AUX
cjal-3258	976	19	the	the	DET
cjal-3258	976	20	majority	majority	NOUN
cjal-3258	976	21	of	of	ADP
cjal-3258	976	22	nontradable	nontradable	ADJ
cjal-3258	976	23	shares	share	NOUN
cjal-3258	976	24	.	.	PUNCT
cjal-3258	977	1	like	like	ADP
cjal-3258	977	2	companies	company	NOUN
cjal-3258	977	3	,	,	PUNCT
cjal-3258	977	4	the	the	DET
cjal-3258	977	5	state	state	NOUN
cjal-3258	977	6	must	must	AUX
cjal-3258	977	7	rely	rely	VERB
cjal-3258	977	8	on	on	ADP
cjal-3258	977	9	its	its	PRON
cjal-3258	977	10	agents	agent	NOUN
cjal-3258	977	11	to	to	PART
cjal-3258	977	12	run	run	VERB
cjal-3258	977	13	the	the	DET
cjal-3258	977	14	state	state	NOUN
cjal-3258	977	15	-	-	PUNCT
cjal-3258	977	16	owned	own	VERB
cjal-3258	977	17	enterprises	enterprise	NOUN
cjal-3258	977	18	.	.	PUNCT
cjal-3258	978	1	the	the	DET
cjal-3258	978	2	state	state	PROPN
cjal-3258	978	3	council	council	PROPN
cjal-3258	978	4	and	and	CCONJ
cjal-3258	978	5	the	the	DET
cjal-3258	978	6	local	local	ADJ
cjal-3258	978	7	people	people	NOUN
cjal-3258	978	8	's	's	PART
cjal-3258	978	9	346	346	NUM
cjal-3258	978	10	[	[	X
cjal-3258	978	11	20:1	20:1	NUM
cjal-3258	978	12	regula	regula	NOUN
cjal-3258	978	13	tory	tory	NOUN
cjal-3258	978	14	givings	giving	NOUN
cjal-3258	978	15	in	in	ADP
cjal-3258	978	16	china	china	PROPN
cjal-3258	978	17	governments	government	NOUN
cjal-3258	978	18	act	act	VERB
cjal-3258	978	19	as	as	SCONJ
cjal-3258	978	20	investors	investor	NOUN
cjal-3258	978	21	on	on	ADP
cjal-3258	978	22	behalf	behalf	NOUN
cjal-3258	978	23	of	of	ADP
cjal-3258	978	24	the	the	DET
cjal-3258	978	25	state.237	state.237	PROPN
cjal-3258	978	26	the	the	DET
cjal-3258	978	27	management	management	NOUN
cjal-3258	978	28	of	of	ADP
cjal-3258	978	29	the	the	DET
cjal-3258	978	30	non	non	ADJ
cjal-3258	978	31	-	-	ADJ
cjal-3258	978	32	vital	vital	ADJ
cjal-3258	978	33	enterprises	enterprise	NOUN
cjal-3258	978	34	is	be	AUX
cjal-3258	978	35	further	far	ADV
cjal-3258	978	36	delegated	delegate	VERB
cjal-3258	978	37	to	to	ADP
cjal-3258	978	38	the	the	DET
cjal-3258	978	39	respective	respective	ADJ
cjal-3258	978	40	stateowned	stateowne	VERB
cjal-3258	978	41	assets	asset	NOUN
cjal-3258	978	42	supervision	supervision	NOUN
cjal-3258	978	43	and	and	CCONJ
cjal-3258	978	44	administration	administration	NOUN
cjal-3258	978	45	authorities	authority	NOUN
cjal-3258	978	46	.	.	PUNCT
cjal-3258	979	1	238	238	NUM
cjal-3258	979	2	these	these	DET
cjal-3258	979	3	authorities	authority	NOUN
cjal-3258	979	4	then	then	ADV
cjal-3258	979	5	appoint	appoint	VERB
cjal-3258	979	6	"	"	PUNCT
cjal-3258	979	7	responsible	responsible	ADJ
cjal-3258	979	8	persons	person	NOUN
cjal-3258	979	9	"	"	PUNCT
cjal-3258	979	10	239	239	NUM
cjal-3258	979	11	who	who	PRON
cjal-3258	979	12	actually	actually	ADV
cjal-3258	979	13	manage	manage	VERB
cjal-3258	979	14	the	the	DET
cjal-3258	979	15	state	state	NOUN
cjal-3258	979	16	-	-	PUNCT
cjal-3258	979	17	owned	own	VERB
cjal-3258	979	18	enterprises.24	enterprises.24	NOUN
cjal-3258	979	19	°	°	ADP
cjal-3258	980	1	it	it	PRON
cjal-3258	980	2	is	be	AUX
cjal-3258	980	3	not	not	PART
cjal-3258	980	4	surprising	surprising	ADJ
cjal-3258	980	5	that	that	SCONJ
cjal-3258	980	6	there	there	PRON
cjal-3258	980	7	are	be	VERB
cjal-3258	980	8	major	major	ADJ
cjal-3258	980	9	agency	agency	NOUN
cjal-3258	980	10	-	-	PUNCT
cjal-3258	980	11	cost	cost	NOUN
cjal-3258	980	12	problems	problem	NOUN
cjal-3258	980	13	within	within	ADP
cjal-3258	980	14	china	china	PROPN
cjal-3258	980	15	's	's	PART
cjal-3258	980	16	multi	multi	ADJ
cjal-3258	980	17	-	-	ADJ
cjal-3258	980	18	level	level	ADJ
cjal-3258	980	19	bureaucracy	bureaucracy	NOUN
cjal-3258	980	20	.	.	PUNCT
cjal-3258	981	1	there	there	PRON
cjal-3258	981	2	have	have	AUX
cjal-3258	981	3	recently	recently	ADV
cjal-3258	981	4	been	be	AUX
cjal-3258	981	5	doubts	doubt	NOUN
cjal-3258	981	6	as	as	ADP
cjal-3258	981	7	to	to	ADP
cjal-3258	981	8	whether	whether	SCONJ
cjal-3258	981	9	the	the	DET
cjal-3258	981	10	popularly	popularly	ADV
cjal-3258	981	11	accepted	accept	VERB
cjal-3258	981	12	mechanisms	mechanism	NOUN
cjal-3258	981	13	of	of	ADP
cjal-3258	981	14	managerial	managerial	ADJ
cjal-3258	981	15	incentives	incentive	NOUN
cjal-3258	981	16	,	,	PUNCT
cjal-3258	981	17	the	the	DET
cjal-3258	981	18	board	board	NOUN
cjal-3258	981	19	of	of	ADP
cjal-3258	981	20	directors	director	NOUN
cjal-3258	981	21	and	and	CCONJ
cjal-3258	981	22	a	a	DET
cjal-3258	981	23	market	market	NOUN
cjal-3258	981	24	for	for	ADP
cjal-3258	981	25	corporate	corporate	ADJ
cjal-3258	981	26	control	control	NOUN
cjal-3258	981	27	can	can	AUX
cjal-3258	981	28	effectively	effectively	ADV
cjal-3258	981	29	reduce	reduce	VERB
cjal-3258	981	30	agency	agency	NOUN
cjal-3258	981	31	costs	cost	NOUN
cjal-3258	981	32	.	.	PUNCT
cjal-3258	982	1	24	24	NUM
cjal-3258	982	2	1	1	NUM
cjal-3258	982	3	as	as	SCONJ
cjal-3258	982	4	discussed	discuss	VERB
cjal-3258	982	5	in	in	ADP
cjal-3258	982	6	part	part	PROPN
cjal-3258	982	7	ii	ii	PROPN
cjal-3258	982	8	,	,	PUNCT
cjal-3258	982	9	there	there	PRON
cjal-3258	982	10	is	be	VERB
cjal-3258	982	11	a	a	DET
cjal-3258	982	12	severe	severe	ADJ
cjal-3258	982	13	lack	lack	NOUN
cjal-3258	982	14	of	of	ADP
cjal-3258	982	15	managerial	managerial	ADJ
cjal-3258	982	16	incentives	incentive	NOUN
cjal-3258	982	17	,	,	PUNCT
cjal-3258	982	18	in	in	ADP
cjal-3258	982	19	particular	particular	ADJ
cjal-3258	982	20	long	long	ADJ
cjal-3258	982	21	-	-	PUNCT
cjal-3258	982	22	term	term	NOUN
cjal-3258	982	23	incentives	incentive	NOUN
cjal-3258	982	24	,	,	PUNCT
cjal-3258	982	25	for	for	ADP
cjal-3258	982	26	these	these	DET
cjal-3258	982	27	responsible	responsible	ADJ
cjal-3258	982	28	persons	person	NOUN
cjal-3258	982	29	.	.	PUNCT
cjal-3258	983	1	the	the	DET
cjal-3258	983	2	responsible	responsible	ADJ
cjal-3258	983	3	persons	person	NOUN
cjal-3258	983	4	usually	usually	ADV
cjal-3258	983	5	hold	hold	VERB
cjal-3258	983	6	short	short	ADJ
cjal-3258	983	7	-	-	PUNCT
cjal-3258	983	8	term	term	NOUN
cjal-3258	983	9	appointments	appointment	NOUN
cjal-3258	983	10	of	of	ADP
cjal-3258	983	11	a	a	DET
cjal-3258	983	12	few	few	ADJ
cjal-3258	983	13	years,242	years,242	NOUN
cjal-3258	983	14	and	and	CCONJ
cjal-3258	983	15	usually	usually	ADV
cjal-3258	983	16	do	do	AUX
cjal-3258	983	17	not	not	PART
cjal-3258	983	18	hold	hold	VERB
cjal-3258	983	19	any	any	DET
cjal-3258	983	20	shares	share	NOUN
cjal-3258	983	21	in	in	ADP
cjal-3258	983	22	the	the	DET
cjal-3258	983	23	enterprises.243	enterprises.243	NOUN
cjal-3258	983	24	together	together	ADV
cjal-3258	983	25	with	with	ADP
cjal-3258	983	26	the	the	DET
cjal-3258	983	27	fact	fact	NOUN
cjal-3258	983	28	that	that	SCONJ
cjal-3258	983	29	their	their	PRON
cjal-3258	983	30	performance	performance	NOUN
cjal-3258	983	31	evaluation	evaluation	NOUN
cjal-3258	983	32	is	be	AUX
cjal-3258	983	33	on	on	ADP
cjal-3258	983	34	an	an	DET
cjal-3258	983	35	annual	annual	ADJ
cjal-3258	983	36	and	and	CCONJ
cjal-3258	983	37	office	office	NOUN
cjal-3258	983	38	-	-	PUNCT
cjal-3258	983	39	term	term	NOUN
cjal-3258	983	40	basis	basis	NOUN
cjal-3258	983	41	,	,	PUNCT
cjal-3258	983	42	244	244	NUM
cjal-3258	983	43	these	these	DET
cjal-3258	983	44	responsible	responsible	ADJ
cjal-3258	983	45	persons	person	NOUN
cjal-3258	983	46	are	be	AUX
cjal-3258	983	47	heavily	heavily	ADV
cjal-3258	983	48	inclined	inclined	ADJ
cjal-3258	983	49	to	to	PART
cjal-3258	983	50	pursue	pursue	VERB
cjal-3258	983	51	short	short	ADJ
cjal-3258	983	52	-	-	PUNCT
cjal-3258	983	53	term	term	NOUN
cjal-3258	983	54	profits	profit	NOUN
cjal-3258	983	55	at	at	ADP
cjal-3258	983	56	the	the	DET
cjal-3258	983	57	expense	expense	NOUN
cjal-3258	983	58	of	of	ADP
cjal-3258	983	59	future	future	ADJ
cjal-3258	983	60	risks.245	risks.245	NOUN
cjal-3258	983	61	similarly	similarly	ADV
cjal-3258	983	62	,	,	PUNCT
cjal-3258	983	63	the	the	DET
cjal-3258	983	64	market	market	NOUN
cjal-3258	983	65	for	for	ADP
cjal-3258	983	66	corporate	corporate	ADJ
cjal-3258	983	67	control	control	NOUN
cjal-3258	983	68	does	do	AUX
cjal-3258	983	69	not	not	PART
cjal-3258	983	70	apply	apply	VERB
cjal-3258	983	71	to	to	ADP
cjal-3258	983	72	these	these	DET
cjal-3258	983	73	state	state	NOUN
cjal-3258	983	74	shares	share	NOUN
cjal-3258	983	75	,	,	PUNCT
cjal-3258	983	76	and	and	CCONJ
cjal-3258	983	77	these	these	DET
cjal-3258	983	78	responsible	responsible	ADJ
cjal-3258	983	79	persons	person	NOUN
cjal-3258	983	80	are	be	AUX
cjal-3258	983	81	thus	thus	ADV
cjal-3258	983	82	shielded	shield	VERB
cjal-3258	983	83	from	from	ADP
cjal-3258	983	84	the	the	DET
cjal-3258	983	85	pressure	pressure	NOUN
cjal-3258	983	86	to	to	PART
cjal-3258	983	87	enhance	enhance	VERB
cjal-3258	983	88	shareholder	shareholder	NOUN
cjal-3258	983	89	value	value	NOUN
cjal-3258	983	90	.	.	PUNCT
cjal-3258	984	1	there	there	PRON
cjal-3258	984	2	is	be	VERB
cjal-3258	984	3	every	every	DET
cjal-3258	984	4	reason	reason	NOUN
cjal-3258	984	5	to	to	PART
cjal-3258	984	6	suspect	suspect	VERB
cjal-3258	984	7	that	that	SCONJ
cjal-3258	984	8	these	these	DET
cjal-3258	984	9	responsible	responsible	ADJ
cjal-3258	984	10	persons	person	NOUN
cjal-3258	984	11	may	may	AUX
cjal-3258	984	12	not	not	PART
cjal-3258	984	13	be	be	AUX
cjal-3258	984	14	particularly	particularly	ADV
cjal-3258	984	15	concerned	concerned	ADJ
cjal-3258	984	16	about	about	ADP
cjal-3258	984	17	the	the	DET
cjal-3258	984	18	stock	stock	NOUN
cjal-3258	984	19	prices	price	NOUN
cjal-3258	984	20	that	that	PRON
cjal-3258	984	21	reflect	reflect	VERB
cjal-3258	984	22	the	the	DET
cjal-3258	984	23	long	long	ADJ
cjal-3258	984	24	-	-	PUNCT
cjal-3258	984	25	term	term	NOUN
cjal-3258	984	26	profitability	profitability	NOUN
cjal-3258	984	27	of	of	ADP
cjal-3258	984	28	the	the	DET
cjal-3258	984	29	enterprises	enterprise	NOUN
cjal-3258	984	30	.	.	PUNCT
cjal-3258	985	1	rather	rather	ADV
cjal-3258	985	2	,	,	PUNCT
cjal-3258	985	3	with	with	ADP
cjal-3258	985	4	market	market	NOUN
cjal-3258	985	5	reform	reform	NOUN
cjal-3258	985	6	an	an	DET
cjal-3258	985	7	important	important	ADJ
cjal-3258	985	8	concern	concern	NOUN
cjal-3258	985	9	for	for	ADP
cjal-3258	985	10	the	the	DET
cjal-3258	985	11	state	state	NOUN
cjal-3258	985	12	-	-	PUNCT
cjal-3258	985	13	owned	own	VERB
cjal-3258	985	14	assets	asset	NOUN
cjal-3258	985	15	supervision	supervision	NOUN
cjal-3258	985	16	and	and	CCONJ
cjal-3258	985	17	administration	administration	NOUN
cjal-3258	985	18	authority	authority	NOUN
cjal-3258	985	19	,	,	PUNCT
cjal-3258	985	20	246	246	NUM
cjal-3258	985	21	it	it	PRON
cjal-3258	985	22	is	be	AUX
cjal-3258	985	23	likely	likely	ADJ
cjal-3258	985	24	that	that	SCONJ
cjal-3258	985	25	these	these	DET
cjal-3258	985	26	responsible	responsible	ADJ
cjal-3258	985	27	persons	person	NOUN
cjal-3258	985	28	may	may	AUX
cjal-3258	985	29	sacrifice	sacrifice	VERB
cjal-3258	985	30	economic	economic	ADJ
cjal-3258	985	31	viability	viability	NOUN
cjal-3258	985	32	to	to	PART
cjal-3258	985	33	keep	keep	VERB
cjal-3258	985	34	up	up	ADP
cjal-3258	985	35	with	with	ADP
cjal-3258	985	36	the	the	DET
cjal-3258	985	37	reform	reform	NOUN
cjal-3258	985	38	bandwagon	bandwagon	NOUN
cjal-3258	985	39	.	.	PUNCT
cjal-3258	986	1	the	the	DET
cjal-3258	986	2	importance	importance	NOUN
cjal-3258	986	3	of	of	ADP
cjal-3258	986	4	this	this	DET
cjal-3258	986	5	split	split	ADJ
cjal-3258	986	6	share	share	NOUN
cjal-3258	986	7	structure	structure	NOUN
cjal-3258	986	8	reform	reform	NOUN
cjal-3258	986	9	and	and	CCONJ
cjal-3258	986	10	the	the	DET
cjal-3258	986	11	determination	determination	NOUN
cjal-3258	986	12	to	to	PART
cjal-3258	986	13	carry	carry	VERB
cjal-3258	986	14	it	it	PRON
cjal-3258	986	15	through	through	ADP
cjal-3258	986	16	has	have	AUX
cjal-3258	986	17	been	be	AUX
cjal-3258	986	18	repeatedly	repeatedly	ADV
cjal-3258	986	19	emphasized	emphasize	VERB
cjal-3258	986	20	by	by	ADP
cjal-3258	986	21	the	the	DET
cjal-3258	986	22	top	top	ADJ
cjal-3258	986	23	brass.247	brass.247	NOUN
cjal-3258	986	24	23	23	NUM
cjal-3258	986	25	l	l	NOUN
cjal-3258	986	26	'	'	PUNCT
cjal-3258	986	27	.	.	PUNCT
cjal-3258	987	1	[	[	X
cjal-3258	987	2	interim	interim	ADJ
cjal-3258	987	3	measures	measure	NOUN
cjal-3258	987	4	for	for	ADP
cjal-3258	987	5	the	the	DET
cjal-3258	987	6	supervision	supervision	NOUN
cjal-3258	987	7	and	and	CCONJ
cjal-3258	987	8	administration	administration	NOUN
cjal-3258	987	9	of	of	ADP
cjal-3258	987	10	state	state	NOUN
cjal-3258	987	11	-	-	PUNCT
cjal-3258	987	12	owned	own	VERB
cjal-3258	987	13	assets	asset	NOUN
cjal-3258	987	14	of	of	ADP
cjal-3258	987	15	the	the	DET
cjal-3258	987	16	enterprises	enterprise	NOUN
cjal-3258	987	17	]	]	PUNCT
cjal-3258	987	18	(	(	PUNCT
cjal-3258	987	19	promulgated	promulgate	VERB
cjal-3258	987	20	by	by	ADP
cjal-3258	987	21	the	the	DET
cjal-3258	987	22	st	st	PROPN
cjal-3258	987	23	.	.	PROPN
cjal-3258	987	24	council	council	PROPN
cjal-3258	987	25	,	,	PUNCT
cjal-3258	987	26	may	may	AUX
cjal-3258	987	27	13	13	NUM
cjal-3258	987	28	,	,	PUNCT
cjal-3258	987	29	2003	2003	NUM
cjal-3258	987	30	,	,	PUNCT
cjal-3258	987	31	effective	effective	ADJ
cjal-3258	987	32	may	may	PROPN
cjal-3258	987	33	13	13	NUM
cjal-3258	987	34	,	,	PUNCT
cjal-3258	987	35	2003	2003	NUM
cjal-3258	987	36	)	)	PUNCT
cjal-3258	987	37	1090	1090	NUM
cjal-3258	987	38	st	st	PROPN
cjal-3258	987	39	.	.	PROPN
cjal-3258	987	40	council	council	PROPN
cjal-3258	987	41	gaz	gaz	PROPN
cjal-3258	987	42	.	.	PROPN
cjal-3258	987	43	5	5	NUM
cjal-3258	987	44	,	,	PUNCT
cjal-3258	987	45	art	art	NOUN
cjal-3258	987	46	.	.	PUNCT
cjal-3258	988	1	4	4	NUM
cjal-3258	988	2	.	.	X
cjal-3258	988	3	238	238	NUM
cjal-3258	989	1	i	i	PRON
cjal-3258	989	2	d.	d.	VERB
cjal-3258	989	3	at	at	ADP
cjal-3258	989	4	art	art	NOUN
cjal-3258	989	5	6	6	NUM
cjal-3258	989	6	.	.	X
cjal-3258	989	7	239	239	NUM
cjal-3258	989	8	ffp	ffp	PROPN
cjal-3258	989	9	"	"	PUNCT
cjal-3258	989	10	4	4	NUM
cjal-3258	989	11	,	,	PUNCT
cjal-3258	989	12	meaning	mean	VERB
cjal-3258	989	13	persons	person	NOUN
cjal-3258	989	14	who	who	PRON
cjal-3258	989	15	are	be	AUX
cjal-3258	989	16	responsible	responsible	ADJ
cjal-3258	989	17	for	for	ADP
cjal-3258	989	18	the	the	DET
cjal-3258	989	19	management	management	NOUN
cjal-3258	989	20	of	of	ADP
cjal-3258	989	21	the	the	DET
cjal-3258	989	22	company	company	NOUN
cjal-3258	989	23	.	.	PUNCT
cjal-3258	990	1	240	240	NUM
cjal-3258	990	2	supervision	supervision	NOUN
cjal-3258	990	3	and	and	CCONJ
cjal-3258	990	4	administration	administration	NOUN
cjal-3258	990	5	of	of	ADP
cjal-3258	990	6	state	state	NOUN
cjal-3258	990	7	-	-	PUNCT
cjal-3258	990	8	owned	own	VERB
cjal-3258	990	9	assets	asset	NOUN
cjal-3258	990	10	,	,	PUNCT
cjal-3258	990	11	supra	supra	PROPN
cjal-3258	990	12	note	note	NOUN
cjal-3258	990	13	237	237	NUM
cjal-3258	990	14	,	,	PUNCT
cjal-3258	990	15	art	art	NOUN
cjal-3258	990	16	.	.	PUNCT
cjal-3258	991	1	16	16	NUM
cjal-3258	991	2	-	-	SYM
cjal-3258	991	3	19	19	NUM
cjal-3258	991	4	.	.	PUNCT
cjal-3258	991	5	241	241	NUM
cjal-3258	991	6	dibadj	dibadj	NOUN
cjal-3258	991	7	,	,	PUNCT
cjal-3258	991	8	supra	supra	PROPN
cjal-3258	991	9	note	note	NOUN
cjal-3258	991	10	232	232	NUM
cjal-3258	991	11	,	,	PUNCT
cjal-3258	991	12	at	at	ADP
cjal-3258	991	13	1477	1477	NUM
cjal-3258	991	14	.	.	PUNCT
cjal-3258	992	1	242%1]g	242%1]g	NOUN
cjal-3258	992	2	,	,	PUNCT
cjal-3258	992	3	m	m	VERB
cjal-3258	993	1	[	[	X
cjal-3258	993	2	liu	liu	PROPN
cjal-3258	993	3	zhunyi	zhunyi	PROPN
cjal-3258	993	4	,	,	PUNCT
cjal-3258	993	5	two	two	NUM
cjal-3258	993	6	difficulties	difficulty	NOUN
cjal-3258	993	7	in	in	ADP
cjal-3258	993	8	the	the	DET
cjal-3258	993	9	reform	reform	NOUN
cjal-3258	993	10	of	of	ADP
cjal-3258	993	11	state	state	NOUN
cjal-3258	993	12	-	-	PUNCT
cjal-3258	993	13	owned	own	VERB
cjal-3258	993	14	enterprises	enterprise	NOUN
cjal-3258	993	15	]	]	PUNCT
cjal-3258	993	16	,	,	PUNCT
cjal-3258	993	17	145	145	NUM
cjal-3258	993	18	u14tr	u14tr	NOUN
cjal-3258	993	19	_	_	PRON
cjal-3258	994	1	[	[	X
cjal-3258	994	2	caijing	caije	VERB
cjal-3258	994	3	mag	mag	PROPN
cjal-3258	994	4	.	.	PUNCT
cjal-3258	994	5	]	]	PUNCT
cjal-3258	995	1	80	80	NUM
cjal-3258	995	2	(	(	PUNCT
cjal-3258	995	3	2005	2005	NUM
cjal-3258	995	4	)	)	PUNCT
cjal-3258	995	5	.	.	PUNCT
cjal-3258	996	1	243	243	NUM
cjal-3258	997	1	i	i	PRON
cjal-3258	997	2	d.	d.	PROPN
cjal-3258	997	3	244	244	NUM
cjal-3258	997	4	supervision	supervision	NOUN
cjal-3258	997	5	and	and	CCONJ
cjal-3258	997	6	administration	administration	NOUN
cjal-3258	997	7	of	of	ADP
cjal-3258	997	8	state	state	NOUN
cjal-3258	997	9	-	-	PUNCT
cjal-3258	997	10	owned	own	VERB
cjal-3258	997	11	assets	asset	NOUN
cjal-3258	997	12	of	of	ADP
cjal-3258	997	13	enterprises	enterprise	NOUN
cjal-3258	997	14	,	,	PUNCT
cjal-3258	997	15	supra	supra	PROPN
cjal-3258	997	16	note	note	NOUN
cjal-3258	997	17	237	237	NUM
cjal-3258	997	18	,	,	PUNCT
cjal-3258	997	19	art	art	NOUN
cjal-3258	997	20	.	.	PUNCT
cjal-3258	998	1	18	18	NUM
cjal-3258	998	2	.	.	X
cjal-3258	998	3	245	245	NUM
cjal-3258	998	4	liu	liu	PROPN
cjal-3258	998	5	,	,	PUNCT
cjal-3258	998	6	supra	supra	PROPN
cjal-3258	998	7	note	note	NOUN
cjal-3258	998	8	242	242	NUM
cjal-3258	998	9	.	.	PUNCT
cjal-3258	999	1	246	246	NUM
cjal-3258	999	2	e.g.	e.g.	ADJ
cjal-3258	999	3	,	,	PUNCT
cjal-3258	999	4	supervision	supervision	NOUN
cjal-3258	999	5	and	and	CCONJ
cjal-3258	999	6	administration	administration	NOUN
cjal-3258	999	7	of	of	ADP
cjal-3258	999	8	state	state	NOUN
cjal-3258	999	9	-	-	PUNCT
cjal-3258	999	10	owned	own	VERB
cjal-3258	999	11	assets	asset	NOUN
cjal-3258	999	12	,	,	PUNCT
cjal-3258	999	13	supra	supra	PROPN
cjal-3258	999	14	note	note	NOUN
cjal-3258	999	15	237	237	NUM
cjal-3258	999	16	,	,	PUNCT
cjal-3258	999	17	arts	art	NOUN
cjal-3258	999	18	.	.	PUNCT
cjal-3258	1000	1	13(2	13(2	NOUN
cjal-3258	1000	2	)	)	PUNCT
cjal-3258	1000	3	,	,	PUNCT
cjal-3258	1000	4	14(4	14(4	NUM
cjal-3258	1000	5	)	)	PUNCT
cjal-3258	1000	6	.	.	PUNCT
cjal-3258	1001	1	247	247	NUM
cjal-3258	1001	2	see	see	VERB
cjal-3258	1001	3	liu	liu	PROPN
cjal-3258	1001	4	pengru	pengru	PROPN
cjal-3258	1001	5	,	,	PUNCT
cjal-3258	1001	6	chief	chief	ADJ
cjal-3258	1001	7	chairman	chairman	NOUN
cjal-3258	1001	8	of	of	ADP
cjal-3258	1001	9	the	the	DET
cjal-3258	1001	10	china	china	PROPN
cjal-3258	1001	11	securities	securities	PROPN
cjal-3258	1001	12	regulatory	regulatory	PROPN
cjal-3258	1001	13	commission	commission	PROPN
cjal-3258	1001	14	,	,	PUNCT
cjal-3258	1001	15	foreword	foreword	NOUN
cjal-3258	1001	16	in	in	ADP
cjal-3258	1001	17	he	he	PRON
cjal-3258	1001	18	,	,	PUNCT
cjal-3258	1001	19	supra	supra	PROPN
cjal-3258	1001	20	note	note	VERB
cjal-3258	1001	21	7	7	NUM
cjal-3258	1001	22	,	,	PUNCT
cjal-3258	1001	23	1	1	NUM
cjal-3258	1001	24	;	;	PUNCT
cjal-3258	1001	25	i	i	PRON
cjal-3258	1001	26	lm	lm	PROPN
cjal-3258	1001	27	[	[	PUNCT
cjal-3258	1001	28	2006	2006	NUM
cjal-3258	1001	29	[	[	X
cjal-3258	1001	30	state	state	NOUN
cjal-3258	1001	31	council	council	NOUN
cjal-3258	1001	32	work	work	NOUN
cjal-3258	1001	33	targets	target	NOUN
cjal-3258	1001	34	for	for	ADP
cjal-3258	1001	35	2006	2006	NUM
cjal-3258	1001	36	]	]	PUNCT
cjal-3258	1001	37	(	(	PUNCT
cjal-3258	1001	38	promulgated	promulgate	VERB
cjal-3258	1001	39	2006	2006	NUM
cjal-3258	1001	40	]	]	PUNCT
cjal-3258	1001	41	347	347	NUM
cjal-3258	1001	42	columbia	columbia	PROPN
cjal-3258	1001	43	journal	journal	NOUN
cjal-3258	1001	44	of	of	ADP
cjal-3258	1001	45	asian	asian	PROPN
cjal-3258	1001	46	la	la	PROPN
cjal-3258	1001	47	w	w	PROPN
cjal-3258	1001	48	the	the	DET
cjal-3258	1001	49	rarity	rarity	NOUN
cjal-3258	1001	50	and	and	CCONJ
cjal-3258	1001	51	stigma	stigma	NOUN
cjal-3258	1001	52	of	of	ADP
cjal-3258	1001	53	a	a	DET
cjal-3258	1001	54	rejected	reject	VERB
cjal-3258	1001	55	trading	trading	NOUN
cjal-3258	1001	56	proposal	proposal	NOUN
cjal-3258	1001	57	also	also	ADV
cjal-3258	1001	58	means	mean	VERB
cjal-3258	1001	59	these	these	DET
cjal-3258	1001	60	responsible	responsible	ADJ
cjal-3258	1001	61	persons	person	NOUN
cjal-3258	1001	62	will	will	AUX
cjal-3258	1001	63	go	go	VERB
cjal-3258	1001	64	all	all	ADV
cjal-3258	1001	65	-	-	PUNCT
cjal-3258	1001	66	out	out	NOUN
cjal-3258	1001	67	to	to	PART
cjal-3258	1001	68	guarantee	guarantee	VERB
cjal-3258	1001	69	the	the	DET
cjal-3258	1001	70	success	success	NOUN
cjal-3258	1001	71	of	of	ADP
cjal-3258	1001	72	their	their	PRON
cjal-3258	1001	73	trading	trading	NOUN
cjal-3258	1001	74	proposals	proposal	NOUN
cjal-3258	1001	75	.	.	PUNCT
cjal-3258	1002	1	it	it	PRON
cjal-3258	1002	2	certainly	certainly	ADV
cjal-3258	1002	3	does	do	AUX
cjal-3258	1002	4	not	not	PART
cjal-3258	1002	5	help	help	VERB
cjal-3258	1002	6	that	that	SCONJ
cjal-3258	1002	7	these	these	DET
cjal-3258	1002	8	responsible	responsible	ADJ
cjal-3258	1002	9	persons	person	NOUN
cjal-3258	1002	10	do	do	AUX
cjal-3258	1002	11	not	not	PART
cjal-3258	1002	12	personally	personally	ADV
cjal-3258	1002	13	foot	foot	VERB
cjal-3258	1002	14	the	the	DET
cjal-3258	1002	15	bill	bill	NOUN
cjal-3258	1002	16	for	for	ADP
cjal-3258	1002	17	compensating	compensate	VERB
cjal-3258	1002	18	the	the	DET
cjal-3258	1002	19	other	other	ADJ
cjal-3258	1002	20	party	party	NOUN
cjal-3258	1002	21	,	,	PUNCT
cjal-3258	1002	22	and	and	CCONJ
cjal-3258	1002	23	there	there	PRON
cjal-3258	1002	24	is	be	VERB
cjal-3258	1002	25	a	a	DET
cjal-3258	1002	26	real	real	ADJ
cjal-3258	1002	27	chance	chance	NOUN
cjal-3258	1002	28	that	that	SCONJ
cjal-3258	1002	29	they	they	PRON
cjal-3258	1002	30	may	may	AUX
cjal-3258	1002	31	over	over	ADV
cjal-3258	1002	32	-	-	PUNCT
cjal-3258	1002	33	compensate	compensate	NOUN
cjal-3258	1002	34	to	to	PART
cjal-3258	1002	35	secure	secure	VERB
cjal-3258	1002	36	the	the	DET
cjal-3258	1002	37	tradable	tradable	ADJ
cjal-3258	1002	38	shareholders	shareholder	NOUN
cjal-3258	1002	39	'	'	PART
cjal-3258	1002	40	approval	approval	NOUN
cjal-3258	1002	41	.	.	PUNCT
cjal-3258	1003	1	the	the	DET
cjal-3258	1003	2	requirement	requirement	NOUN
cjal-3258	1003	3	of	of	ADP
cjal-3258	1003	4	approval	approval	NOUN
cjal-3258	1003	5	by	by	ADP
cjal-3258	1003	6	the	the	DET
cjal-3258	1003	7	state	state	NOUN
cjal-3258	1003	8	-	-	PUNCT
cjal-3258	1003	9	owned	own	VERB
cjal-3258	1003	10	assets	asset	NOUN
cjal-3258	1003	11	supervision	supervision	NOUN
cjal-3258	1003	12	and	and	CCONJ
cjal-3258	1003	13	administration	administration	NOUN
cjal-3258	1003	14	authority	authority	PROPN
cjal-3258	1003	15	248	248	NUM
cjal-3258	1003	16	does	do	AUX
cjal-3258	1003	17	help	help	VERB
cjal-3258	1003	18	to	to	PART
cjal-3258	1003	19	mitigate	mitigate	VERB
cjal-3258	1003	20	risk	risk	NOUN
cjal-3258	1003	21	.	.	PUNCT
cjal-3258	1004	1	this	this	DET
cjal-3258	1004	2	additional	additional	ADJ
cjal-3258	1004	3	check	check	NOUN
cjal-3258	1004	4	reflects	reflect	VERB
cjal-3258	1004	5	the	the	DET
cjal-3258	1004	6	major	major	ADJ
cjal-3258	1004	7	chinese	chinese	ADJ
cjal-3258	1004	8	regulatory	regulatory	ADJ
cjal-3258	1004	9	authorities	authority	NOUN
cjal-3258	1004	10	'	'	PART
cjal-3258	1004	11	concerns	concern	NOUN
cjal-3258	1004	12	regarding	regard	VERB
cjal-3258	1004	13	the	the	DET
cjal-3258	1004	14	preservation	preservation	NOUN
cjal-3258	1004	15	of	of	ADP
cjal-3258	1004	16	state	state	NOUN
cjal-3258	1004	17	-	-	PUNCT
cjal-3258	1004	18	owned	own	VERB
cjal-3258	1004	19	assets	asset	NOUN
cjal-3258	1004	20	.	.	PUNCT
cjal-3258	1005	1	249	249	NUM
cjal-3258	1005	2	we	we	PRON
cjal-3258	1005	3	acknowledge	acknowledge	VERB
cjal-3258	1005	4	the	the	DET
cjal-3258	1005	5	merit	merit	NOUN
cjal-3258	1005	6	of	of	ADP
cjal-3258	1005	7	this	this	DET
cjal-3258	1005	8	administrative	administrative	ADJ
cjal-3258	1005	9	check	check	NOUN
cjal-3258	1005	10	;	;	PUNCT
cjal-3258	1005	11	however	however	ADV
cjal-3258	1005	12	,	,	PUNCT
cjal-3258	1005	13	we	we	PRON
cjal-3258	1005	14	must	must	AUX
cjal-3258	1005	15	point	point	VERB
cjal-3258	1005	16	out	out	ADP
cjal-3258	1005	17	the	the	DET
cjal-3258	1005	18	limitations	limitation	NOUN
cjal-3258	1005	19	inherent	inherent	ADJ
cjal-3258	1005	20	in	in	ADP
cjal-3258	1005	21	self	self	NOUN
cjal-3258	1005	22	-	-	PUNCT
cjal-3258	1005	23	checking	checking	NOUN
cjal-3258	1005	24	since	since	SCONJ
cjal-3258	1005	25	the	the	DET
cjal-3258	1005	26	regulatory	regulatory	ADJ
cjal-3258	1005	27	authority	authority	NOUN
cjal-3258	1005	28	granting	grant	VERB
cjal-3258	1005	29	the	the	DET
cjal-3258	1005	30	approval	approval	NOUN
cjal-3258	1005	31	is	be	AUX
cjal-3258	1005	32	the	the	DET
cjal-3258	1005	33	same	same	ADJ
cjal-3258	1005	34	authority	authority	NOUN
cjal-3258	1005	35	that	that	PRON
cjal-3258	1005	36	manages	manage	VERB
cjal-3258	1005	37	the	the	DET
cjal-3258	1005	38	state	state	NOUN
cjal-3258	1005	39	-	-	PUNCT
cjal-3258	1005	40	owned	own	VERB
cjal-3258	1005	41	enterprises	enterprise	NOUN
cjal-3258	1005	42	.	.	PUNCT
cjal-3258	1006	1	the	the	DET
cjal-3258	1006	2	political	political	ADJ
cjal-3258	1006	3	pressure	pressure	NOUN
cjal-3258	1006	4	to	to	PART
cjal-3258	1006	5	ensure	ensure	VERB
cjal-3258	1006	6	the	the	DET
cjal-3258	1006	7	success	success	NOUN
cjal-3258	1006	8	of	of	ADP
cjal-3258	1006	9	the	the	DET
cjal-3258	1006	10	reform	reform	NOUN
cjal-3258	1006	11	implementation	implementation	NOUN
cjal-3258	1006	12	can	can	AUX
cjal-3258	1006	13	only	only	ADV
cjal-3258	1006	14	be	be	AUX
cjal-3258	1006	15	greater	great	ADJ
cjal-3258	1006	16	for	for	ADP
cjal-3258	1006	17	this	this	DET
cjal-3258	1006	18	authority	authority	NOUN
cjal-3258	1006	19	than	than	ADP
cjal-3258	1006	20	for	for	ADP
cjal-3258	1006	21	its	its	PRON
cjal-3258	1006	22	agents	agent	NOUN
cjal-3258	1006	23	,	,	PUNCT
cjal-3258	1006	24	weakening	weaken	VERB
cjal-3258	1006	25	the	the	DET
cjal-3258	1006	26	effectiveness	effectiveness	NOUN
cjal-3258	1006	27	of	of	ADP
cjal-3258	1006	28	this	this	DET
cjal-3258	1006	29	check	check	NOUN
cjal-3258	1006	30	.	.	PUNCT
cjal-3258	1007	1	2	2	X
cjal-3258	1007	2	.	.	X
cjal-3258	1007	3	the	the	DET
cjal-3258	1007	4	risk	risk	NOUN
cjal-3258	1007	5	of	of	ADP
cjal-3258	1007	6	holding	hold	VERB
cjal-3258	1007	7	out	out	ADP
cjal-3258	1007	8	a	a	DET
cjal-3258	1007	9	common	common	ADJ
cjal-3258	1007	10	risk	risk	NOUN
cjal-3258	1007	11	of	of	ADP
cjal-3258	1007	12	using	use	VERB
cjal-3258	1007	13	the	the	DET
cjal-3258	1007	14	property	property	NOUN
cjal-3258	1007	15	rule	rule	NOUN
cjal-3258	1007	16	in	in	ADP
cjal-3258	1007	17	resource	resource	NOUN
cjal-3258	1007	18	allocation	allocation	NOUN
cjal-3258	1007	19	is	be	AUX
cjal-3258	1007	20	the	the	DET
cjal-3258	1007	21	risk	risk	NOUN
cjal-3258	1007	22	of	of	ADP
cjal-3258	1007	23	holdouts	holdout	NOUN
cjal-3258	1007	24	.	.	PUNCT
cjal-3258	1008	1	tradable	tradable	ADJ
cjal-3258	1008	2	shareholders	shareholder	NOUN
cjal-3258	1008	3	may	may	AUX
cjal-3258	1008	4	hold	hold	VERB
cjal-3258	1008	5	out	out	ADP
cjal-3258	1008	6	for	for	ADP
cjal-3258	1008	7	a	a	DET
cjal-3258	1008	8	better	well	ADJ
cjal-3258	1008	9	deal	deal	NOUN
cjal-3258	1008	10	since	since	SCONJ
cjal-3258	1008	11	they	they	PRON
cjal-3258	1008	12	possess	possess	VERB
cjal-3258	1008	13	a	a	DET
cjal-3258	1008	14	veto	veto	NOUN
cjal-3258	1008	15	right	right	ADJ
cjal-3258	1008	16	.	.	PUNCT
cjal-3258	1009	1	the	the	DET
cjal-3258	1009	2	two	two	NUM
cjal-3258	1009	3	-	-	PUNCT
cjal-3258	1009	4	thirds	third	NOUN
cjal-3258	1009	5	majority	majority	NOUN
cjal-3258	1009	6	requirement	requirement	NOUN
cjal-3258	1009	7	,	,	PUNCT
cjal-3258	1009	8	as	as	SCONJ
cjal-3258	1009	9	opposed	oppose	VERB
cjal-3258	1009	10	to	to	ADP
cjal-3258	1009	11	a	a	DET
cjal-3258	1009	12	requirement	requirement	NOUN
cjal-3258	1009	13	of	of	ADP
cjal-3258	1009	14	unanimous	unanimous	ADJ
cjal-3258	1009	15	consent	consent	NOUN
cjal-3258	1009	16	,	,	PUNCT
cjal-3258	1009	17	does	do	AUX
cjal-3258	1009	18	help	help	VERB
cjal-3258	1009	19	to	to	PART
cjal-3258	1009	20	alleviate	alleviate	VERB
cjal-3258	1009	21	the	the	DET
cjal-3258	1009	22	problem	problem	NOUN
cjal-3258	1009	23	because	because	SCONJ
cjal-3258	1009	24	a	a	DET
cjal-3258	1009	25	greater	great	ADJ
cjal-3258	1009	26	number	number	NOUN
cjal-3258	1009	27	of	of	ADP
cjal-3258	1009	28	holdouts	holdout	NOUN
cjal-3258	1009	29	is	be	AUX
cjal-3258	1009	30	needed	need	VERB
cjal-3258	1009	31	to	to	PART
cjal-3258	1009	32	block	block	VERB
cjal-3258	1009	33	a	a	DET
cjal-3258	1009	34	potentially	potentially	ADV
cjal-3258	1009	35	reasonable	reasonable	ADJ
cjal-3258	1009	36	and	and	CCONJ
cjal-3258	1009	37	efficient	efficient	ADJ
cjal-3258	1009	38	trading	trading	NOUN
cjal-3258	1009	39	proposal	proposal	NOUN
cjal-3258	1009	40	,	,	PUNCT
cjal-3258	1009	41	but	but	CCONJ
cjal-3258	1009	42	the	the	DET
cjal-3258	1009	43	risk	risk	NOUN
cjal-3258	1009	44	is	be	AUX
cjal-3258	1009	45	still	still	ADV
cjal-3258	1009	46	significant	significant	ADJ
cjal-3258	1009	47	.	.	PUNCT
cjal-3258	1010	1	arguably	arguably	ADV
cjal-3258	1010	2	the	the	DET
cjal-3258	1010	3	tradable	tradable	ADJ
cjal-3258	1010	4	shareholders	shareholder	NOUN
cjal-3258	1010	5	do	do	AUX
cjal-3258	1010	6	not	not	PART
cjal-3258	1010	7	need	need	VERB
cjal-3258	1010	8	,	,	PUNCT
cjal-3258	1010	9	or	or	CCONJ
cjal-3258	1010	10	even	even	ADV
cjal-3258	1010	11	desire	desire	VERB
cjal-3258	1010	12	,	,	PUNCT
cjal-3258	1010	13	the	the	DET
cjal-3258	1010	14	trading	trading	NOUN
cjal-3258	1010	15	of	of	ADP
cjal-3258	1010	16	non	non	ADJ
cjal-3258	1010	17	-	-	ADJ
cjal-3258	1010	18	tradable	tradable	ADJ
cjal-3258	1010	19	shares	share	NOUN
cjal-3258	1010	20	.	.	PUNCT
cjal-3258	1011	1	the	the	DET
cjal-3258	1011	2	whole	whole	ADJ
cjal-3258	1011	3	idea	idea	NOUN
cjal-3258	1011	4	of	of	ADP
cjal-3258	1011	5	payment	payment	NOUN
cjal-3258	1011	6	of	of	ADP
cjal-3258	1011	7	consideration	consideration	NOUN
cjal-3258	1011	8	is	be	AUX
cjal-3258	1011	9	to	to	PART
cjal-3258	1011	10	compensate	compensate	VERB
cjal-3258	1011	11	their	their	PRON
cjal-3258	1011	12	loss	loss	NOUN
cjal-3258	1011	13	.	.	PUNCT
cjal-3258	1012	1	while	while	SCONJ
cjal-3258	1012	2	the	the	DET
cjal-3258	1012	3	trading	trading	NOUN
cjal-3258	1012	4	of	of	ADP
cjal-3258	1012	5	the	the	DET
cjal-3258	1012	6	nontradable	nontradable	ADJ
cjal-3258	1012	7	shares	share	NOUN
cjal-3258	1012	8	may	may	AUX
cjal-3258	1012	9	increase	increase	VERB
cjal-3258	1012	10	share	share	NOUN
cjal-3258	1012	11	values	value	NOUN
cjal-3258	1012	12	in	in	ADP
cjal-3258	1012	13	the	the	DET
cjal-3258	1012	14	long	long	ADJ
cjal-3258	1012	15	run	run	NOUN
cjal-3258	1012	16	due	due	ADP
cjal-3258	1012	17	to	to	ADP
cjal-3258	1012	18	its	its	PRON
cjal-3258	1012	19	by	by	ADP
cjal-3258	1012	20	st	st	PROPN
cjal-3258	1012	21	.	.	PROPN
cjal-3258	1012	22	council	council	PROPN
cjal-3258	1012	23	,	,	PUNCT
cjal-3258	1012	24	mar	mar	PROPN
cjal-3258	1012	25	.	.	PROPN
cjal-3258	1012	26	19	19	NUM
cjal-3258	1012	27	,	,	PUNCT
cjal-3258	1012	28	2006	2006	NUM
cjal-3258	1012	29	,	,	PUNCT
cjal-3258	1012	30	effective	effective	ADJ
cjal-3258	1012	31	mar	mar	PROPN
cjal-3258	1012	32	.	.	PROPN
cjal-3258	1012	33	19	19	NUM
cjal-3258	1012	34	,	,	PUNCT
cjal-3258	1012	35	2006	2006	NUM
cjal-3258	1012	36	)	)	PUNCT
cjal-3258	1012	37	,	,	PUNCT
cjal-3258	1012	38	32	32	NUM
cjal-3258	1012	39	,	,	PUNCT
cjal-3258	1012	40	stating	state	VERB
cjal-3258	1012	41	that	that	SCONJ
cjal-3258	1012	42	the	the	DET
cjal-3258	1012	43	split	split	ADJ
cjal-3258	1012	44	share	share	NOUN
cjal-3258	1012	45	structure	structure	NOUN
cjal-3258	1012	46	reform	reform	NOUN
cjal-3258	1012	47	should	should	AUX
cjal-3258	1012	48	be	be	AUX
cjal-3258	1012	49	basically	basically	ADV
cjal-3258	1012	50	completed	complete	VERB
cjal-3258	1012	51	in	in	ADP
cjal-3258	1012	52	2006	2006	NUM
cjal-3258	1012	53	,	,	PUNCT
cjal-3258	1012	54	available	available	ADJ
cjal-3258	1012	55	at	at	ADP
cjal-3258	1012	56	http://www.gov.cn/zwgk/200603/22/content_233622.htm	http://www.gov.cn/zwgk/200603/22/content_233622.htm	PROPN
cjal-3258	1012	57	;	;	PUNCT
cjal-3258	1012	58	rij]9f	rij]9f	PROPN
cjal-3258	1013	1	[	[	X
cjal-3258	1013	2	circular	circular	NOUN
cjal-3258	1013	3	of	of	ADP
cjal-3258	1013	4	the	the	DET
cjal-3258	1013	5	state	state	NOUN
cjal-3258	1013	6	-	-	PUNCT
cjal-3258	1013	7	owned	own	VERB
cjal-3258	1013	8	assets	asset	NOUN
cjal-3258	1013	9	supervision	supervision	NOUN
cjal-3258	1013	10	and	and	CCONJ
cjal-3258	1013	11	administration	administration	PROPN
cjal-3258	1013	12	commission	commission	PROPN
cjal-3258	1013	13	of	of	ADP
cjal-3258	1013	14	the	the	DET
cjal-3258	1013	15	state	state	PROPN
cjal-3258	1013	16	council	council	PROPN
cjal-3258	1013	17	on	on	ADP
cjal-3258	1013	18	relevant	relevant	ADJ
cjal-3258	1013	19	issues	issue	NOUN
cjal-3258	1013	20	concerning	concern	VERB
cjal-3258	1013	21	the	the	DET
cjal-3258	1013	22	administration	administration	NOUN
cjal-3258	1013	23	of	of	ADP
cjal-3258	1013	24	the	the	DET
cjal-3258	1013	25	stock	stock	NOUN
cjal-3258	1013	26	right	right	NOUN
cjal-3258	1013	27	of	of	ADP
cjal-3258	1013	28	state	state	NOUN
cjal-3258	1013	29	-	-	PUNCT
cjal-3258	1013	30	owned	own	VERB
cjal-3258	1013	31	shares	share	NOUN
cjal-3258	1013	32	in	in	ADP
cjal-3258	1013	33	the	the	DET
cjal-3258	1013	34	share	share	NOUN
cjal-3258	1013	35	-	-	PUNCT
cjal-3258	1013	36	trading	trading	NOUN
cjal-3258	1013	37	reform	reform	NOUN
cjal-3258	1013	38	of	of	ADP
cjal-3258	1013	39	listed	list	VERB
cjal-3258	1013	40	companies	company	NOUN
cjal-3258	1013	41	]	]	PUNCT
cjal-3258	1013	42	(	(	PUNCT
cjal-3258	1013	43	promulgated	promulgate	VERB
cjal-3258	1013	44	by	by	ADP
cjal-3258	1013	45	state	state	NOUN
cjal-3258	1013	46	-	-	PUNCT
cjal-3258	1013	47	owned	own	VERB
cjal-3258	1013	48	assets	asset	NOUN
cjal-3258	1013	49	supervision	supervision	NOUN
cjal-3258	1013	50	and	and	CCONJ
cjal-3258	1013	51	administration	administration	PROPN
cjal-3258	1013	52	commission	commission	PROPN
cjal-3258	1013	53	,	,	PUNCT
cjal-3258	1013	54	sep	sep	PROPN
cjal-3258	1013	55	.	.	PROPN
cjal-3258	1013	56	8	8	NUM
cjal-3258	1013	57	,	,	PUNCT
cjal-3258	1013	58	2005	2005	NUM
cjal-3258	1013	59	,	,	PUNCT
cjal-3258	1013	60	effective	effective	ADJ
cjal-3258	1013	61	sep	sep	PROPN
cjal-3258	1013	62	.	.	PROPN
cjal-3258	1013	63	8	8	NUM
cjal-3258	1013	64	,	,	PUNCT
cjal-3258	1013	65	2005	2005	NUM
cjal-3258	1013	66	)	)	PUNCT
cjal-3258	1013	67	,	,	PUNCT
cjal-3258	1013	68	§	§	PROPN
cjal-3258	1013	69	§	§	PROPN
cjal-3258	1013	70	1	1	NUM
cjal-3258	1013	71	-	-	SYM
cjal-3258	1013	72	2	2	NUM
cjal-3258	1013	73	,	,	PUNCT
cjal-3258	1013	74	stressing	stress	VERB
cjal-3258	1013	75	that	that	SCONJ
cjal-3258	1013	76	the	the	DET
cjal-3258	1013	77	reform	reform	NOUN
cjal-3258	1013	78	must	must	AUX
cjal-3258	1013	79	be	be	AUX
cjal-3258	1013	80	proactively	proactively	ADV
cjal-3258	1013	81	implemented	implement	VERB
cjal-3258	1013	82	,	,	PUNCT
cjal-3258	1013	83	available	available	ADJ
cjal-3258	1013	84	at	at	ADP
cjal-3258	1013	85	www.china.com.cn/chinese/zhuanti/jjgq/966376.htm	www.china.com.cn/chinese/zhuanti/jjgq/966376.htm	PROPN
cjal-3258	1013	86	;	;	PUNCT
cjal-3258	1013	87	shang	shang	PROPN
cjal-3258	1013	88	fulin	fulin	PROPN
cjal-3258	1013	89	,	,	PUNCT
cjal-3258	1013	90	chairman	chairman	NOUN
cjal-3258	1013	91	of	of	ADP
cjal-3258	1013	92	china	china	PROPN
cjal-3258	1013	93	securities	securities	PROPN
cjal-3258	1013	94	regulatory	regulatory	PROPN
cjal-3258	1013	95	commission	commission	PROPN
cjal-3258	1013	96	,	,	PUNCT
cjal-3258	1013	97	comment	comment	NOUN
cjal-3258	1013	98	,	,	PUNCT
cjal-3258	1013	99	in	in	ADP
cjal-3258	1013	100	he	he	PRON
cjal-3258	1013	101	,	,	PUNCT
cjal-3258	1013	102	supra	supra	PROPN
cjal-3258	1013	103	note	note	PROPN
cjal-3258	1013	104	7	7	NUM
cjal-3258	1013	105	,	,	PUNCT
cjal-3258	1013	106	at	at	ADP
cjal-3258	1013	107	13	13	NUM
cjal-3258	1013	108	,	,	PUNCT
cjal-3258	1013	109	publicly	publicly	ADV
cjal-3258	1013	110	stating	state	VERB
cjal-3258	1013	111	that	that	SCONJ
cjal-3258	1013	112	the	the	DET
cjal-3258	1013	113	reform	reform	NOUN
cjal-3258	1013	114	is	be	AUX
cjal-3258	1013	115	"	"	PUNCT
cjal-3258	1013	116	like	like	ADP
cjal-3258	1013	117	an	an	DET
cjal-3258	1013	118	arrow	arrow	NOUN
cjal-3258	1013	119	with	with	ADP
cjal-3258	1013	120	no	no	DET
cjal-3258	1013	121	turning	turn	VERB
cjal-3258	1013	122	back	back	ADV
cjal-3258	1013	123	.	.	PUNCT
cjal-3258	1013	124	"	"	PUNCT
cjal-3258	1014	1	248	248	NUM
cjal-3258	1014	2	administrative	administrative	ADJ
cjal-3258	1014	3	measures	measure	NOUN
cjal-3258	1014	4	,	,	PUNCT
cjal-3258	1014	5	supra	supra	PROPN
cjal-3258	1014	6	note	note	NOUN
cjal-3258	1014	7	55	55	NUM
cjal-3258	1014	8	,	,	PUNCT
cjal-3258	1014	9	§	§	PROPN
cjal-3258	1014	10	15	15	NUM
cjal-3258	1014	11	.	.	PUNCT
cjal-3258	1014	12	249	249	NUM
cjal-3258	1014	13	e.g.	e.g.	ADV
cjal-3258	1014	14	,	,	PUNCT
cjal-3258	1014	15	supervision	supervision	NOUN
cjal-3258	1014	16	and	and	CCONJ
cjal-3258	1014	17	administration	administration	NOUN
cjal-3258	1014	18	of	of	ADP
cjal-3258	1014	19	state	state	NOUN
cjal-3258	1014	20	-	-	PUNCT
cjal-3258	1014	21	owned	own	VERB
cjal-3258	1014	22	assets	asset	NOUN
cjal-3258	1014	23	,	,	PUNCT
cjal-3258	1014	24	supra	supra	PROPN
cjal-3258	1014	25	note	note	NOUN
cjal-3258	1014	26	237	237	NUM
cjal-3258	1014	27	,	,	PUNCT
cjal-3258	1014	28	art	art	NOUN
cjal-3258	1014	29	.	.	PUNCT
cjal-3258	1015	1	11	11	NUM
cjal-3258	1015	2	,	,	PUNCT
cjal-3258	1015	3	13(5	13(5	NUM
cjal-3258	1015	4	)	)	PUNCT
cjal-3258	1015	5	,	,	PUNCT
cjal-3258	1015	6	35	35	NUM
cjal-3258	1015	7	.	.	PUNCT
cjal-3258	1016	1	[	[	X
cjal-3258	1016	2	20:1	20:1	NUM
cjal-3258	1016	3	regulatory	regulatory	ADJ
cjal-3258	1016	4	givings	giving	NOUN
cjal-3258	1016	5	in	in	ADP
cjal-3258	1016	6	china	china	PROPN
cjal-3258	1016	7	benefits	benefit	NOUN
cjal-3258	1016	8	toward	toward	ADP
cjal-3258	1016	9	better	well	ADJ
cjal-3258	1016	10	corporate	corporate	ADJ
cjal-3258	1016	11	governance	governance	NOUN
cjal-3258	1016	12	,	,	PUNCT
cjal-3258	1016	13	the	the	DET
cjal-3258	1016	14	tradable	tradable	ADJ
cjal-3258	1016	15	shareholders	shareholder	NOUN
cjal-3258	1016	16	will	will	AUX
cjal-3258	1016	17	be	be	AUX
cjal-3258	1016	18	more	more	ADV
cjal-3258	1016	19	concerned	concerned	ADJ
cjal-3258	1016	20	about	about	ADP
cjal-3258	1016	21	the	the	DET
cjal-3258	1016	22	immediate	immediate	ADJ
cjal-3258	1016	23	drop	drop	NOUN
cjal-3258	1016	24	in	in	ADP
cjal-3258	1016	25	share	share	NOUN
cjal-3258	1016	26	prices	price	NOUN
cjal-3258	1016	27	after	after	SCONJ
cjal-3258	1016	28	the	the	DET
cjal-3258	1016	29	trading	trading	NOUN
cjal-3258	1016	30	proposal	proposal	NOUN
cjal-3258	1016	31	is	be	AUX
cjal-3258	1016	32	implemented	implement	VERB
cjal-3258	1016	33	.	.	PUNCT
cjal-3258	1017	1	as	as	SCONJ
cjal-3258	1017	2	discussed	discuss	VERB
cjal-3258	1017	3	earlier	early	ADV
cjal-3258	1017	4	,	,	PUNCT
cjal-3258	1017	5	the	the	DET
cjal-3258	1017	6	main	main	ADJ
cjal-3258	1017	7	form	form	NOUN
cjal-3258	1017	8	of	of	ADP
cjal-3258	1017	9	profit	profit	NOUN
cjal-3258	1017	10	for	for	ADP
cjal-3258	1017	11	the	the	DET
cjal-3258	1017	12	tradable	tradable	ADJ
cjal-3258	1017	13	shareholders	shareholder	NOUN
cjal-3258	1017	14	is	be	AUX
cjal-3258	1017	15	the	the	DET
cjal-3258	1017	16	speculation	speculation	NOUN
cjal-3258	1017	17	on	on	ADP
cjal-3258	1017	18	the	the	DET
cjal-3258	1017	19	price	price	NOUN
cjal-3258	1017	20	difference	difference	NOUN
cjal-3258	1017	21	,	,	PUNCT
cjal-3258	1017	22	and	and	CCONJ
cjal-3258	1017	23	not	not	PART
cjal-3258	1017	24	long	long	ADJ
cjal-3258	1017	25	-	-	PUNCT
cjal-3258	1017	26	term	term	NOUN
cjal-3258	1017	27	investment	investment	NOUN
cjal-3258	1017	28	returns	return	NOUN
cjal-3258	1017	29	.	.	PUNCT
cjal-3258	1018	1	one	one	NUM
cjal-3258	1018	2	of	of	ADP
cjal-3258	1018	3	the	the	DET
cjal-3258	1018	4	purposes	purpose	NOUN
cjal-3258	1018	5	of	of	ADP
cjal-3258	1018	6	this	this	DET
cjal-3258	1018	7	split	split	ADJ
cjal-3258	1018	8	share	share	NOUN
cjal-3258	1018	9	structure	structure	NOUN
cjal-3258	1018	10	reform	reform	NOUN
cjal-3258	1018	11	is	be	AUX
cjal-3258	1018	12	to	to	PART
cjal-3258	1018	13	change	change	VERB
cjal-3258	1018	14	this	this	DET
cjal-3258	1018	15	deficiency	deficiency	NOUN
cjal-3258	1018	16	in	in	ADP
cjal-3258	1018	17	the	the	DET
cjal-3258	1018	18	chinese	chinese	ADJ
cjal-3258	1018	19	stock	stock	NOUN
cjal-3258	1018	20	market	market	NOUN
cjal-3258	1018	21	.	.	PUNCT
cjal-3258	1019	1	but	but	CCONJ
cjal-3258	1019	2	the	the	DET
cjal-3258	1019	3	current	current	ADJ
cjal-3258	1019	4	speculative	speculative	ADJ
cjal-3258	1019	5	mentality	mentality	NOUN
cjal-3258	1019	6	of	of	ADP
cjal-3258	1019	7	the	the	DET
cjal-3258	1019	8	tradable	tradable	ADJ
cjal-3258	1019	9	shareholders	shareholder	NOUN
cjal-3258	1019	10	means	mean	VERB
cjal-3258	1019	11	that	that	SCONJ
cjal-3258	1019	12	they	they	PRON
cjal-3258	1019	13	will	will	AUX
cjal-3258	1019	14	be	be	AUX
cjal-3258	1019	15	more	more	ADV
cjal-3258	1019	16	concerned	concerned	ADJ
cjal-3258	1019	17	about	about	ADP
cjal-3258	1019	18	short	short	ADJ
cjal-3258	1019	19	-	-	PUNCT
cjal-3258	1019	20	term	term	NOUN
cjal-3258	1019	21	share	share	NOUN
cjal-3258	1019	22	price	price	NOUN
cjal-3258	1019	23	fluctuations	fluctuation	NOUN
cjal-3258	1019	24	than	than	ADP
cjal-3258	1019	25	corporate	corporate	ADJ
cjal-3258	1019	26	governance	governance	NOUN
cjal-3258	1019	27	benefits	benefit	NOUN
cjal-3258	1019	28	from	from	ADP
cjal-3258	1019	29	the	the	DET
cjal-3258	1019	30	split	split	ADJ
cjal-3258	1019	31	share	share	NOUN
cjal-3258	1019	32	structure	structure	NOUN
cjal-3258	1019	33	reform	reform	NOUN
cjal-3258	1019	34	.	.	PUNCT
cjal-3258	1020	1	in	in	ADP
cjal-3258	1020	2	the	the	DET
cjal-3258	1020	3	same	same	ADJ
cjal-3258	1020	4	vein	vein	NOUN
cjal-3258	1020	5	,	,	PUNCT
cjal-3258	1020	6	the	the	DET
cjal-3258	1020	7	majority	majority	NOUN
cjal-3258	1020	8	of	of	ADP
cjal-3258	1020	9	tradable	tradable	ADJ
cjal-3258	1020	10	shareholders	shareholder	NOUN
cjal-3258	1020	11	,	,	PUNCT
cjal-3258	1020	12	being	be	AUX
cjal-3258	1020	13	small	small	ADJ
cjal-3258	1020	14	-	-	PUNCT
cjal-3258	1020	15	scale	scale	NOUN
cjal-3258	1020	16	individual	individual	ADJ
cjal-3258	1020	17	investors	investor	NOUN
cjal-3258	1020	18	,	,	PUNCT
cjal-3258	1020	19	are	be	AUX
cjal-3258	1020	20	not	not	PART
cjal-3258	1020	21	at	at	ADV
cjal-3258	1020	22	all	all	ADV
cjal-3258	1020	23	interested	interested	ADJ
cjal-3258	1020	24	in	in	ADP
cjal-3258	1020	25	the	the	DET
cjal-3258	1020	26	prospect	prospect	NOUN
cjal-3258	1020	27	of	of	ADP
cjal-3258	1020	28	acquiring	acquire	VERB
cjal-3258	1020	29	the	the	DET
cjal-3258	1020	30	company	company	NOUN
cjal-3258	1020	31	after	after	ADP
cjal-3258	1020	32	the	the	DET
cjal-3258	1020	33	trading	trading	NOUN
cjal-3258	1020	34	of	of	ADP
cjal-3258	1020	35	non	non	ADJ
cjal-3258	1020	36	-	-	ADJ
cjal-3258	1020	37	tradable	tradable	ADJ
cjal-3258	1020	38	shares	share	NOUN
cjal-3258	1020	39	.	.	PUNCT
cjal-3258	1021	1	the	the	DET
cjal-3258	1021	2	behavior	behavior	NOUN
cjal-3258	1021	3	trait	trait	NOUN
cjal-3258	1021	4	of	of	ADP
cjal-3258	1021	5	loss	loss	NOUN
cjal-3258	1021	6	aversion	aversion	NOUN
cjal-3258	1021	7	also	also	ADV
cjal-3258	1021	8	makes	make	VERB
cjal-3258	1021	9	holding	hold	VERB
cjal-3258	1021	10	out	out	ADP
cjal-3258	1021	11	an	an	DET
cjal-3258	1021	12	attractive	attractive	ADJ
cjal-3258	1021	13	option	option	NOUN
cjal-3258	1021	14	for	for	ADP
cjal-3258	1021	15	tradable	tradable	ADJ
cjal-3258	1021	16	shareholders	shareholder	NOUN
cjal-3258	1021	17	.	.	PUNCT
cjal-3258	1022	1	b.	b.	PROPN
cjal-3258	1022	2	recommendations	recommendation	NOUN
cjal-3258	1022	3	the	the	DET
cjal-3258	1022	4	following	follow	VERB
cjal-3258	1022	5	recommendations	recommendation	NOUN
cjal-3258	1022	6	will	will	AUX
cjal-3258	1022	7	improve	improve	VERB
cjal-3258	1022	8	the	the	DET
cjal-3258	1022	9	efficiency	efficiency	NOUN
cjal-3258	1022	10	and	and	CCONJ
cjal-3258	1022	11	effectiveness	effectiveness	NOUN
cjal-3258	1022	12	of	of	ADP
cjal-3258	1022	13	the	the	DET
cjal-3258	1022	14	reform	reform	NOUN
cjal-3258	1022	15	.	.	PUNCT
cjal-3258	1023	1	these	these	DET
cjal-3258	1023	2	recommendations	recommendation	NOUN
cjal-3258	1023	3	are	be	AUX
cjal-3258	1023	4	designed	design	VERB
cjal-3258	1023	5	to	to	PART
cjal-3258	1023	6	tackle	tackle	VERB
cjal-3258	1023	7	both	both	PRON
cjal-3258	1023	8	of	of	ADP
cjal-3258	1023	9	the	the	DET
cjal-3258	1023	10	risks	risk	NOUN
cjal-3258	1023	11	discussed	discuss	VERB
cjal-3258	1023	12	earlier	early	ADV
cjal-3258	1023	13	.	.	PUNCT
cjal-3258	1024	1	the	the	DET
cjal-3258	1024	2	reduction	reduction	NOUN
cjal-3258	1024	3	of	of	ADP
cjal-3258	1024	4	transaction	transaction	NOUN
cjal-3258	1024	5	costs	cost	NOUN
cjal-3258	1024	6	is	be	AUX
cjal-3258	1024	7	also	also	ADV
cjal-3258	1024	8	an	an	DET
cjal-3258	1024	9	important	important	ADJ
cjal-3258	1024	10	efficiency	efficiency	NOUN
cjal-3258	1024	11	consideration	consideration	NOUN
cjal-3258	1024	12	underlying	underlie	VERB
cjal-3258	1024	13	our	our	PRON
cjal-3258	1024	14	recommendations	recommendation	NOUN
cjal-3258	1024	15	.	.	PUNCT
cjal-3258	1025	1	we	we	PRON
cjal-3258	1025	2	do	do	AUX
cjal-3258	1025	3	not	not	PART
cjal-3258	1025	4	deny	deny	VERB
cjal-3258	1025	5	that	that	SCONJ
cjal-3258	1025	6	the	the	DET
cjal-3258	1025	7	implementation	implementation	NOUN
cjal-3258	1025	8	of	of	ADP
cjal-3258	1025	9	these	these	DET
cjal-3258	1025	10	recommendations	recommendation	NOUN
cjal-3258	1025	11	has	have	VERB
cjal-3258	1025	12	its	its	PRON
cjal-3258	1025	13	own	own	ADJ
cjal-3258	1025	14	costs	cost	NOUN
cjal-3258	1025	15	as	as	ADV
cjal-3258	1025	16	well	well	ADV
cjal-3258	1025	17	there	there	PRON
cjal-3258	1025	18	are	be	VERB
cjal-3258	1025	19	inevitable	inevitable	ADJ
cjal-3258	1025	20	tradeoffs	tradeoff	NOUN
cjal-3258	1025	21	in	in	ADP
cjal-3258	1025	22	the	the	DET
cjal-3258	1025	23	process	process	NOUN
cjal-3258	1025	24	but	but	CCONJ
cjal-3258	1025	25	we	we	PRON
cjal-3258	1025	26	believe	believe	VERB
cjal-3258	1025	27	these	these	DET
cjal-3258	1025	28	recommendations	recommendation	NOUN
cjal-3258	1025	29	will	will	AUX
cjal-3258	1025	30	have	have	VERB
cjal-3258	1025	31	an	an	DET
cjal-3258	1025	32	overall	overall	ADJ
cjal-3258	1025	33	net	net	ADJ
cjal-3258	1025	34	positive	positive	ADJ
cjal-3258	1025	35	benefit	benefit	NOUN
cjal-3258	1025	36	.	.	PUNCT
cjal-3258	1026	1	these	these	DET
cjal-3258	1026	2	recommendations	recommendation	NOUN
cjal-3258	1026	3	will	will	AUX
cjal-3258	1026	4	also	also	ADV
cjal-3258	1026	5	be	be	AUX
cjal-3258	1026	6	useful	useful	ADJ
cjal-3258	1026	7	in	in	ADP
cjal-3258	1026	8	any	any	DET
cjal-3258	1026	9	future	future	ADJ
cjal-3258	1026	10	charging	charging	NOUN
cjal-3258	1026	11	of	of	ADP
cjal-3258	1026	12	givings	giving	NOUN
cjal-3258	1026	13	by	by	ADP
cjal-3258	1026	14	the	the	DET
cjal-3258	1026	15	direct	direct	ADJ
cjal-3258	1026	16	compensation	compensation	NOUN
cjal-3258	1026	17	of	of	ADP
cjal-3258	1026	18	parties	party	NOUN
cjal-3258	1026	19	.	.	PUNCT
cjal-3258	1027	1	1	1	X
cjal-3258	1027	2	.	.	X
cjal-3258	1027	3	third	third	ADJ
cjal-3258	1027	4	party	party	NOUN
cjal-3258	1027	5	appraisal	appraisal	NOUN
cjal-3258	1027	6	mechanisms	mechanism	NOUN
cjal-3258	1027	7	under	under	ADP
cjal-3258	1027	8	the	the	DET
cjal-3258	1027	9	current	current	ADJ
cjal-3258	1027	10	reform	reform	NOUN
cjal-3258	1027	11	regime	regime	NOUN
cjal-3258	1027	12	,	,	PUNCT
cjal-3258	1027	13	the	the	DET
cjal-3258	1027	14	non	non	ADJ
cjal-3258	1027	15	-	-	ADJ
cjal-3258	1027	16	tradable	tradable	ADJ
cjal-3258	1027	17	shareholders	shareholder	NOUN
cjal-3258	1027	18	have	have	VERB
cjal-3258	1027	19	to	to	PART
cjal-3258	1027	20	wait	wait	VERB
cjal-3258	1027	21	three	three	NUM
cjal-3258	1027	22	months	month	NOUN
cjal-3258	1027	23	before	before	SCONJ
cjal-3258	1027	24	they	they	PRON
cjal-3258	1027	25	may	may	AUX
cjal-3258	1027	26	reapply	reapply	VERB
cjal-3258	1027	27	if	if	SCONJ
cjal-3258	1027	28	their	their	PRON
cjal-3258	1027	29	trading	trading	NOUN
cjal-3258	1027	30	proposal	proposal	NOUN
cjal-3258	1027	31	is	be	AUX
cjal-3258	1027	32	not	not	PART
cjal-3258	1027	33	approved	approve	VERB
cjal-3258	1027	34	the	the	DET
cjal-3258	1027	35	first	first	ADJ
cjal-3258	1027	36	time	time	NOUN
cjal-3258	1027	37	around	around	ADV
cjal-3258	1027	38	.	.	PUNCT
cjal-3258	1028	1	°	°	NOUN
cjal-3258	1028	2	in	in	ADP
cjal-3258	1028	3	light	light	NOUN
cjal-3258	1028	4	of	of	ADP
cjal-3258	1028	5	the	the	DET
cjal-3258	1028	6	risks	risk	NOUN
cjal-3258	1028	7	of	of	ADP
cjal-3258	1028	8	tradable	tradable	ADJ
cjal-3258	1028	9	shareholders	shareholder	NOUN
cjal-3258	1028	10	holding	hold	VERB
cjal-3258	1028	11	out	out	ADP
cjal-3258	1028	12	,	,	PUNCT
cjal-3258	1028	13	there	there	PRON
cjal-3258	1028	14	is	be	VERB
cjal-3258	1028	15	no	no	DET
cjal-3258	1028	16	guarantee	guarantee	NOUN
cjal-3258	1028	17	that	that	SCONJ
cjal-3258	1028	18	the	the	DET
cjal-3258	1028	19	trading	trading	NOUN
cjal-3258	1028	20	proposal	proposal	NOUN
cjal-3258	1028	21	will	will	AUX
cjal-3258	1028	22	succeed	succeed	VERB
cjal-3258	1028	23	during	during	ADP
cjal-3258	1028	24	the	the	DET
cjal-3258	1028	25	second	second	ADJ
cjal-3258	1028	26	round	round	NOUN
cjal-3258	1028	27	.	.	PUNCT
cjal-3258	1029	1	each	each	DET
cjal-3258	1029	2	trading	trading	NOUN
cjal-3258	1029	3	proposal	proposal	NOUN
cjal-3258	1029	4	submission	submission	NOUN
cjal-3258	1029	5	involves	involve	VERB
cjal-3258	1029	6	significant	significant	ADJ
cjal-3258	1029	7	administrative	administrative	ADJ
cjal-3258	1029	8	,	,	PUNCT
cjal-3258	1029	9	legal	legal	ADJ
cjal-3258	1029	10	and	and	CCONJ
cjal-3258	1029	11	other	other	ADJ
cjal-3258	1029	12	costs	cost	NOUN
cjal-3258	1029	13	.	.	PUNCT
cjal-3258	1030	1	the	the	DET
cjal-3258	1030	2	mandatory	mandatory	ADJ
cjal-3258	1030	3	ten	ten	NUM
cjal-3258	1030	4	-	-	PUNCT
cjal-3258	1030	5	day	day	NOUN
cjal-3258	1030	6	communication	communication	NOUN
cjal-3258	1030	7	period	period	NOUN
cjal-3258	1030	8	between	between	ADP
cjal-3258	1030	9	the	the	DET
cjal-3258	1030	10	non	non	ADJ
cjal-3258	1030	11	-	-	ADJ
cjal-3258	1030	12	tradable	tradable	ADJ
cjal-3258	1030	13	shareholders	shareholder	NOUN
cjal-3258	1030	14	and	and	CCONJ
cjal-3258	1030	15	tradable	tradable	ADJ
cjal-3258	1030	16	shareholders	shareholder	NOUN
cjal-3258	1030	17	prior	prior	ADV
cjal-3258	1030	18	to	to	ADP
cjal-3258	1030	19	the	the	DET
cjal-3258	1030	20	voting251	voting251	NOUN
cjal-3258	1030	21	significantly	significantly	ADV
cjal-3258	1030	22	helps	help	VERB
cjal-3258	1030	23	ensure	ensure	VERB
cjal-3258	1030	24	its	its	PRON
cjal-3258	1030	25	approval	approval	NOUN
cjal-3258	1030	26	.	.	PUNCT
cjal-3258	1031	1	in	in	ADP
cjal-3258	1031	2	fact	fact	NOUN
cjal-3258	1031	3	,	,	PUNCT
cjal-3258	1031	4	only	only	ADV
cjal-3258	1031	5	eight	eight	NUM
cjal-3258	1031	6	out	out	ADP
cjal-3258	1031	7	of	of	ADP
cjal-3258	1031	8	the	the	DET
cjal-3258	1031	9	several	several	ADJ
cjal-3258	1031	10	hundred	hundred	NUM
cjal-3258	1031	11	trading	trading	NOUN
cjal-3258	1031	12	proposals	proposal	NOUN
cjal-3258	1031	13	submitted	submit	VERB
cjal-3258	1031	14	for	for	ADP
cjal-3258	1031	15	voting	voting	NOUN
cjal-3258	1031	16	had	have	AUX
cjal-3258	1031	17	been	be	AUX
cjal-3258	1031	18	rejected	reject	VERB
cjal-3258	1031	19	as	as	ADP
cjal-3258	1031	20	of	of	ADP
cjal-3258	1031	21	march	march	PROPN
cjal-3258	1031	22	250	250	NUM
cjal-3258	1031	23	administrative	administrative	ADJ
cjal-3258	1031	24	measures	measure	NOUN
cjal-3258	1031	25	,	,	PUNCT
cjal-3258	1031	26	supra	supra	PROPN
cjal-3258	1031	27	note	note	NOUN
cjal-3258	1031	28	55	55	NUM
cjal-3258	1031	29	,	,	PUNCT
cjal-3258	1031	30	§	§	PROPN
cjal-3258	1031	31	18	18	NUM
cjal-3258	1031	32	.	.	PUNCT
cjal-3258	1031	33	251	251	NUM
cjal-3258	1032	1	i	i	PRON
cjal-3258	1032	2	d.	d.	PROPN
cjal-3258	1032	3	§	§	PROPN
cjal-3258	1032	4	10	10	NUM
cjal-3258	1032	5	.	.	PUNCT
cjal-3258	1032	6	2006	2006	NUM
cjal-3258	1032	7	]	]	PUNCT
cjal-3258	1032	8	349	349	NUM
cjal-3258	1032	9	columbia	columbia	PROPN
cjal-3258	1032	10	journal	journal	PROPN
cjal-3258	1032	11	of	of	ADP
cjal-3258	1032	12	asian	asian	PROPN
cjal-3258	1032	13	la	la	PROPN
cjal-3258	1032	14	w	w	PROPN
cjal-3258	1032	15	2006.252	2006.252	NUM
cjal-3258	1032	16	however	however	ADV
cjal-3258	1032	17	,	,	PUNCT
cjal-3258	1032	18	there	there	PRON
cjal-3258	1032	19	is	be	VERB
cjal-3258	1032	20	still	still	ADV
cjal-3258	1032	21	the	the	DET
cjal-3258	1032	22	risk	risk	NOUN
cjal-3258	1032	23	of	of	ADP
cjal-3258	1032	24	unreasonable	unreasonable	ADJ
cjal-3258	1032	25	holding	holding	NOUN
cjal-3258	1032	26	out	out	ADP
cjal-3258	1032	27	or	or	CCONJ
cjal-3258	1032	28	withholding	withholding	NOUN
cjal-3258	1032	29	of	of	ADP
cjal-3258	1032	30	approval	approval	NOUN
cjal-3258	1032	31	by	by	ADP
cjal-3258	1032	32	the	the	DET
cjal-3258	1032	33	tradable	tradable	ADJ
cjal-3258	1032	34	shareholders	shareholder	NOUN
cjal-3258	1032	35	,	,	PUNCT
cjal-3258	1032	36	which	which	PRON
cjal-3258	1032	37	will	will	AUX
cjal-3258	1032	38	result	result	VERB
cjal-3258	1032	39	in	in	ADP
cjal-3258	1032	40	considerable	considerable	ADJ
cjal-3258	1032	41	waste	waste	NOUN
cjal-3258	1032	42	of	of	ADP
cjal-3258	1032	43	time	time	NOUN
cjal-3258	1032	44	and	and	CCONJ
cjal-3258	1032	45	money	money	NOUN
cjal-3258	1032	46	.	.	PUNCT
cjal-3258	1033	1	the	the	DET
cjal-3258	1033	2	risk	risk	NOUN
cjal-3258	1033	3	of	of	ADP
cjal-3258	1033	4	over	over	ADP
cjal-3258	1033	5	-	-	PUNCT
cjal-3258	1033	6	compensation	compensation	NOUN
cjal-3258	1033	7	is	be	AUX
cjal-3258	1033	8	also	also	ADV
cjal-3258	1033	9	significantly	significantly	ADV
cjal-3258	1033	10	increased	increase	VERB
cjal-3258	1033	11	after	after	ADP
cjal-3258	1033	12	each	each	DET
cjal-3258	1033	13	failed	fail	VERB
cjal-3258	1033	14	attempt	attempt	NOUN
cjal-3258	1033	15	.	.	PUNCT
cjal-3258	1034	1	at	at	ADP
cjal-3258	1034	2	trading	trading	NOUN
cjal-3258	1034	3	,	,	PUNCT
cjal-3258	1034	4	in	in	ADP
cjal-3258	1034	5	addition	addition	NOUN
cjal-3258	1034	6	,	,	PUNCT
cjal-3258	1034	7	the	the	DET
cjal-3258	1034	8	bargaining	bargaining	NOUN
cjal-3258	1034	9	process	process	NOUN
cjal-3258	1034	10	may	may	AUX
cjal-3258	1034	11	suffer	suffer	VERB
cjal-3258	1034	12	an	an	DET
cjal-3258	1034	13	irrevocable	irrevocable	ADJ
cjal-3258	1034	14	breakdown	breakdown	NOUN
cjal-3258	1034	15	due	due	ADP
cjal-3258	1034	16	to	to	ADP
cjal-3258	1034	17	either	either	PRON
cjal-3258	1034	18	mistrust	mistrust	NOUN
cjal-3258	1034	19	or	or	CCONJ
cjal-3258	1034	20	prior	prior	ADJ
cjal-3258	1034	21	misgivings	misgiving	NOUN
cjal-3258	1034	22	between	between	ADP
cjal-3258	1034	23	the	the	DET
cjal-3258	1034	24	parties	party	NOUN
cjal-3258	1034	25	.	.	PUNCT
cjal-3258	1035	1	for	for	ADP
cjal-3258	1035	2	.	.	PUNCT
cjal-3258	1035	3	example	example	NOUN
cjal-3258	1035	4	,	,	PUNCT
cjal-3258	1035	5	one	one	NUM
cjal-3258	1035	6	reason	reason	NOUN
cjal-3258	1035	7	that	that	PRON
cjal-3258	1035	8	contributed	contribute	VERB
cjal-3258	1035	9	to	to	ADP
cjal-3258	1035	10	the	the	DET
cjal-3258	1035	11	rejection	rejection	NOUN
cjal-3258	1035	12	of	of	ADP
cjal-3258	1035	13	the	the	DET
cjal-3258	1035	14	qing	qe	VERB
cjal-3258	1035	15	hua	hua	PROPN
cjal-3258	1035	16	tong	tong	PROPN
cjal-3258	1035	17	fang	fang	PROPN
cjal-3258	1035	18	trading	trading	NOUN
cjal-3258	1035	19	proposal	proposal	NOUN
cjal-3258	1035	20	is	be	AUX
cjal-3258	1035	21	the	the	DET
cjal-3258	1035	22	tradable	tradable	ADJ
cjal-3258	1035	23	shareholders	shareholder	NOUN
cjal-3258	1035	24	'	'	PART
cjal-3258	1035	25	repugnance	repugnance	NOUN
cjal-3258	1035	26	with	with	ADP
cjal-3258	1035	27	the	the	DET
cjal-3258	1035	28	nontradable	nontradable	ADJ
cjal-3258	1035	29	shareholders	shareholder	NOUN
cjal-3258	1035	30	'	'	PART
cjal-3258	1035	31	arrogant	arrogant	ADJ
cjal-3258	1035	32	attitude	attitude	NOUN
cjal-3258	1035	33	.	.	PUNCT
cjal-3258	1036	1	this	this	PRON
cjal-3258	1036	2	resulted	result	VERB
cjal-3258	1036	3	in	in	ADP
cjal-3258	1036	4	the	the	DET
cjal-3258	1036	5	rejection	rejection	NOUN
cjal-3258	1036	6	of	of	ADP
cjal-3258	1036	7	a	a	DET
cjal-3258	1036	8	proposal	proposal	NOUN
cjal-3258	1036	9	that	that	PRON
cjal-3258	1036	10	was	be	AUX
cjal-3258	1036	11	actually	actually	ADV
cjal-3258	1036	12	a	a	DET
cjal-3258	1036	13	better	well	ADJ
cjal-3258	1036	14	-	-	PUNCT
cjal-3258	1036	15	than	than	ADP
cjal-3258	1036	16	-	-	PUNCT
cjal-3258	1036	17	average	average	NOUN
cjal-3258	1036	18	compensation	compensation	NOUN
cjal-3258	1036	19	package.253	package.253	VERB
cjal-3258	1036	20	a	a	DET
cjal-3258	1036	21	third	third	ADJ
cjal-3258	1036	22	party	party	NOUN
cjal-3258	1036	23	appraisal	appraisal	NOUN
cjal-3258	1036	24	mechanism	mechanism	NOUN
cjal-3258	1036	25	will	will	AUX
cjal-3258	1036	26	help	help	VERB
cjal-3258	1036	27	to	to	PART
cjal-3258	1036	28	break	break	VERB
cjal-3258	1036	29	the	the	DET
cjal-3258	1036	30	deadlock	deadlock	NOUN
cjal-3258	1036	31	in	in	ADP
cjal-3258	1036	32	such	such	ADJ
cjal-3258	1036	33	circumstances	circumstance	NOUN
cjal-3258	1036	34	.	.	PUNCT
cjal-3258	1037	1	this	this	DET
cjal-3258	1037	2	appraisal	appraisal	NOUN
cjal-3258	1037	3	mechanism	mechanism	NOUN
cjal-3258	1037	4	is	be	AUX
cjal-3258	1037	5	not	not	PART
cjal-3258	1037	6	meant	mean	VERB
cjal-3258	1037	7	to	to	PART
cjal-3258	1037	8	replace	replace	VERB
cjal-3258	1037	9	or	or	CCONJ
cjal-3258	1037	10	supplant	supplant	VERB
cjal-3258	1037	11	the	the	DET
cjal-3258	1037	12	private	private	ADJ
cjal-3258	1037	13	bargaining	bargaining	NOUN
cjal-3258	1037	14	mechanism	mechanism	NOUN
cjal-3258	1037	15	.	.	PUNCT
cjal-3258	1038	1	rather	rather	ADV
cjal-3258	1038	2	,	,	PUNCT
cjal-3258	1038	3	it	it	PRON
cjal-3258	1038	4	is	be	AUX
cjal-3258	1038	5	designed	design	VERB
cjal-3258	1038	6	to	to	PART
cjal-3258	1038	7	provide	provide	VERB
cjal-3258	1038	8	a	a	DET
cjal-3258	1038	9	resolution	resolution	NOUN
cjal-3258	1038	10	of	of	ADP
cjal-3258	1038	11	last	last	ADJ
cjal-3258	1038	12	resort	resort	NOUN
cjal-3258	1038	13	after	after	ADP
cjal-3258	1038	14	repeated	repeat	VERB
cjal-3258	1038	15	failed	fail	VERB
cjal-3258	1038	16	negotiations	negotiation	NOUN
cjal-3258	1038	17	;	;	PUNCT
cjal-3258	1038	18	the	the	DET
cjal-3258	1038	19	parties	party	NOUN
cjal-3258	1038	20	should	should	AUX
cjal-3258	1038	21	only	only	ADV
cjal-3258	1038	22	have	have	VERB
cjal-3258	1038	23	the	the	DET
cjal-3258	1038	24	right	right	NOUN
cjal-3258	1038	25	to	to	PART
cjal-3258	1038	26	utilize	utilize	VERB
cjal-3258	1038	27	this	this	DET
cjal-3258	1038	28	mechanism	mechanism	NOUN
cjal-3258	1038	29	after	after	ADP
cjal-3258	1038	30	two	two	NUM
cjal-3258	1038	31	failed	fail	VERB
cjal-3258	1038	32	attempts	attempt	NOUN
cjal-3258	1038	33	at	at	ADP
cjal-3258	1038	34	the	the	DET
cjal-3258	1038	35	usual	usual	ADJ
cjal-3258	1038	36	process	process	NOUN
cjal-3258	1038	37	.	.	PUNCT
cjal-3258	1039	1	this	this	DET
cjal-3258	1039	2	mechanism	mechanism	NOUN
cjal-3258	1039	3	will	will	AUX
cjal-3258	1039	4	prevent	prevent	VERB
cjal-3258	1039	5	unreasonable	unreasonable	ADJ
cjal-3258	1039	6	holdouts	holdout	NOUN
cjal-3258	1039	7	or	or	CCONJ
cjal-3258	1039	8	irrevocable	irrevocable	ADJ
cjal-3258	1039	9	breakdowns	breakdown	NOUN
cjal-3258	1039	10	.	.	PUNCT
cjal-3258	1040	1	in	in	ADP
cjal-3258	1040	2	negotiations	negotiation	NOUN
cjal-3258	1040	3	from	from	ADP
cjal-3258	1040	4	obstructing	obstruct	VERB
cjal-3258	1040	5	the	the	DET
cjal-3258	1040	6	reform	reform	NOUN
cjal-3258	1040	7	process	process	NOUN
cjal-3258	1040	8	.	.	PUNCT
cjal-3258	1041	1	it	it	PRON
cjal-3258	1041	2	is	be	AUX
cjal-3258	1041	3	a	a	DET
cjal-3258	1041	4	valid	valid	ADJ
cjal-3258	1041	5	concern	concern	NOUN
cjal-3258	1041	6	that	that	SCONJ
cjal-3258	1041	7	the	the	DET
cjal-3258	1041	8	availability	availability	NOUN
cjal-3258	1041	9	of	of	ADP
cjal-3258	1041	10	this	this	DET
cjal-3258	1041	11	mechanism	mechanism	NOUN
cjal-3258	1041	12	will	will	AUX
cjal-3258	1041	13	actually	actually	ADV
cjal-3258	1041	14	hinder	hinder	VERB
cjal-3258	1041	15	the	the	DET
cjal-3258	1041	16	bargaining	bargaining	NOUN
cjal-3258	1041	17	process	process	NOUN
cjal-3258	1041	18	.	.	PUNCT
cjal-3258	1042	1	the	the	DET
cjal-3258	1042	2	parties	party	NOUN
cjal-3258	1042	3	may	may	AUX
cjal-3258	1042	4	not	not	PART
cjal-3258	1042	5	willingly	willingly	ADV
cjal-3258	1042	6	or	or	CCONJ
cjal-3258	1042	7	actively	actively	ADV
cjal-3258	1042	8	negotiate	negotiate	VERB
cjal-3258	1042	9	or	or	CCONJ
cjal-3258	1042	10	make	make	VERB
cjal-3258	1042	11	compromises	compromise	NOUN
cjal-3258	1042	12	since	since	SCONJ
cjal-3258	1042	13	they	they	PRON
cjal-3258	1042	14	can	can	AUX
cjal-3258	1042	15	simply	simply	ADV
cjal-3258	1042	16	resort	resort	VERB
cjal-3258	1042	17	to	to	ADP
cjal-3258	1042	18	this	this	DET
cjal-3258	1042	19	mechanism	mechanism	NOUN
cjal-3258	1042	20	in	in	ADP
cjal-3258	1042	21	the	the	DET
cjal-3258	1042	22	event	event	NOUN
cjal-3258	1042	23	of	of	ADP
cjal-3258	1042	24	a	a	DET
cjal-3258	1042	25	failed	fail	VERB
cjal-3258	1042	26	negotiation	negotiation	NOUN
cjal-3258	1042	27	.	.	PUNCT
cjal-3258	1043	1	nonetheless	nonetheless	ADV
cjal-3258	1043	2	this	this	PRON
cjal-3258	1043	3	can	can	AUX
cjal-3258	1043	4	be	be	AUX
cjal-3258	1043	5	resolved	resolve	VERB
cjal-3258	1043	6	by	by	ADP
cjal-3258	1043	7	stipulating	stipulate	VERB
cjal-3258	1043	8	that	that	SCONJ
cjal-3258	1043	9	the	the	DET
cjal-3258	1043	10	appraisal	appraisal	NOUN
cjal-3258	1043	11	will	will	AUX
cjal-3258	1043	12	also	also	ADV
cjal-3258	1043	13	take	take	VERB
cjal-3258	1043	14	into	into	ADP
cjal-3258	1043	15	account	account	NOUN
cjal-3258	1043	16	whether	whether	SCONJ
cjal-3258	1043	17	the	the	DET
cjal-3258	1043	18	parties	party	NOUN
cjal-3258	1043	19	have	have	AUX
cjal-3258	1043	20	acted	act	VERB
cjal-3258	1043	21	unreasonably	unreasonably	ADV
cjal-3258	1043	22	or	or	CCONJ
cjal-3258	1043	23	in	in	ADP
cjal-3258	1043	24	bad	bad	ADJ
cjal-3258	1043	25	faith	faith	NOUN
cjal-3258	1043	26	.	.	PUNCT
cjal-3258	1044	1	the	the	DET
cjal-3258	1044	2	outcome	outcome	NOUN
cjal-3258	1044	3	of	of	ADP
cjal-3258	1044	4	the	the	DET
cjal-3258	1044	5	appraisal	appraisal	NOUN
cjal-3258	1044	6	will	will	AUX
cjal-3258	1044	7	be	be	AUX
cjal-3258	1044	8	deliberately	deliberately	ADV
cjal-3258	1044	9	less	less	ADV
cjal-3258	1044	10	favorable	favorable	ADJ
cjal-3258	1044	11	to	to	ADP
cjal-3258	1044	12	the	the	DET
cjal-3258	1044	13	parties	party	NOUN
cjal-3258	1044	14	that	that	PRON
cjal-3258	1044	15	are	be	AUX
cjal-3258	1044	16	at	at	ADP
cjal-3258	1044	17	fault	fault	NOUN
cjal-3258	1044	18	in	in	ADP
cjal-3258	1044	19	the	the	DET
cjal-3258	1044	20	negotiation	negotiation	NOUN
cjal-3258	1044	21	process	process	NOUN
cjal-3258	1044	22	.	.	PUNCT
cjal-3258	1045	1	this	this	PRON
cjal-3258	1045	2	will	will	AUX
cjal-3258	1045	3	provide	provide	VERB
cjal-3258	1045	4	an	an	DET
cjal-3258	1045	5	incentive	incentive	NOUN
cjal-3258	1045	6	for	for	SCONJ
cjal-3258	1045	7	the	the	DET
cjal-3258	1045	8	parties	party	NOUN
cjal-3258	1045	9	to	to	PART
cjal-3258	1045	10	negotiate	negotiate	VERB
cjal-3258	1045	11	actively	actively	ADV
cjal-3258	1045	12	and	and	CCONJ
cjal-3258	1045	13	in	in	ADP
cjal-3258	1045	14	good	good	ADJ
cjal-3258	1045	15	faith	faith	NOUN
cjal-3258	1045	16	,	,	PUNCT
cjal-3258	1045	17	and	and	CCONJ
cjal-3258	1045	18	will	will	AUX
cjal-3258	1045	19	also	also	ADV
cjal-3258	1045	20	help	help	VERB
cjal-3258	1045	21	reduce	reduce	VERB
cjal-3258	1045	22	the	the	DET
cjal-3258	1045	23	perceived	perceive	VERB
cjal-3258	1045	24	need	need	NOUN
cjal-3258	1045	25	for	for	ADP
cjal-3258	1045	26	over	over	ADP
cjal-3258	1045	27	-	-	PUNCT
cjal-3258	1045	28	compensation	compensation	NOUN
cjal-3258	1045	29	by	by	ADP
cjal-3258	1045	30	those	those	PRON
cjal-3258	1045	31	eager	eager	ADJ
cjal-3258	1045	32	to	to	PART
cjal-3258	1045	33	ensure	ensure	VERB
cjal-3258	1045	34	trading	trading	NOUN
cjal-3258	1045	35	because	because	SCONJ
cjal-3258	1045	36	of	of	ADP
cjal-3258	1045	37	political	political	ADJ
cjal-3258	1045	38	pressures	pressure	NOUN
cjal-3258	1045	39	.	.	PUNCT
cjal-3258	1046	1	the	the	DET
cjal-3258	1046	2	appraisal	appraisal	NOUN
cjal-3258	1046	3	mechanism	mechanism	NOUN
cjal-3258	1046	4	will	will	AUX
cjal-3258	1046	5	promote	promote	VERB
cjal-3258	1046	6	overall	overall	ADJ
cjal-3258	1046	7	economic	economic	ADJ
cjal-3258	1046	8	efficiency	efficiency	NOUN
cjal-3258	1046	9	by	by	ADP
cjal-3258	1046	10	effectively	effectively	ADV
cjal-3258	1046	11	switching	switch	VERB
cjal-3258	1046	12	to	to	ADP
cjal-3258	1046	13	a	a	DET
cjal-3258	1046	14	liability	liability	NOUN
cjal-3258	1046	15	rule	rule	NOUN
cjal-3258	1046	16	to	to	PART
cjal-3258	1046	17	handle	handle	VERB
cjal-3258	1046	18	cases	case	NOUN
cjal-3258	1046	19	where	where	SCONJ
cjal-3258	1046	20	the	the	DET
cjal-3258	1046	21	parties	party	NOUN
cjal-3258	1046	22	'	'	PART
cjal-3258	1046	23	bargaining	bargaining	NOUN
cjal-3258	1046	24	costs	cost	NOUN
cjal-3258	1046	25	are	be	AUX
cjal-3258	1046	26	excessively	excessively	ADV
cjal-3258	1046	27	high	high	ADJ
cjal-3258	1046	28	.	.	PUNCT
cjal-3258	1047	1	one	one	NUM
cjal-3258	1047	2	such	such	ADJ
cjal-3258	1047	3	case	case	NOUN
cjal-3258	1047	4	is	be	AUX
cjal-3258	1047	5	where	where	SCONJ
cjal-3258	1047	6	the	the	DET
cjal-3258	1047	7	company	company	NOUN
cjal-3258	1047	8	's	's	PART
cjal-3258	1047	9	shareholding	shareholding	NOUN
cjal-3258	1047	10	structure	structure	NOUN
cjal-3258	1047	11	allows	allow	VERB
cjal-3258	1047	12	a	a	DET
cjal-3258	1047	13	group	group	NOUN
cjal-3258	1047	14	of	of	ADP
cjal-3258	1047	15	tradable	tradable	ADJ
cjal-3258	1047	16	shareholders	shareholder	NOUN
cjal-3258	1047	17	to	to	PART
cjal-3258	1047	18	exercise	exercise	VERB
cjal-3258	1047	19	actual	actual	ADJ
cjal-3258	1047	20	control	control	NOUN
cjal-3258	1047	21	over	over	ADP
cjal-3258	1047	22	the	the	DET
cjal-3258	1047	23	exercise	exercise	NOUN
cjal-3258	1047	24	of	of	ADP
cjal-3258	1047	25	the	the	DET
cjal-3258	1047	26	veto	veto	NOUN
cjal-3258	1047	27	despite	despite	SCONJ
cjal-3258	1047	28	comprising	comprise	VERB
cjal-3258	1047	29	only	only	ADV
cjal-3258	1047	30	a	a	DET
cjal-3258	1047	31	minority	minority	NOUN
cjal-3258	1047	32	of	of	ADP
cjal-3258	1047	33	total	total	ADJ
cjal-3258	1047	34	tradable	tradable	ADJ
cjal-3258	1047	35	shareholders	shareholder	NOUN
cjal-3258	1047	36	,	,	PUNCT
cjal-3258	1047	37	which	which	PRON
cjal-3258	1047	38	252	252	NUM
cjal-3258	1047	39	o	o	NOUN
cjal-3258	1047	40	,	,	PUNCT
cjal-3258	1047	41	*	*	NOUN
cjal-3258	1047	42	6a	6a	NOUN
cjal-3258	1047	43	:	:	PUNCT
cjal-3258	1047	44	nj]u:0	nj]u:0	ADP
cjal-3258	1047	45	-a	-a	PROPN
cjal-3258	1047	46	mz	mz	PROPN
cjal-3258	1048	1	[	[	X
cjal-3258	1048	2	yao	yao	PROPN
cjal-3258	1048	3	yi	yi	PROPN
cjal-3258	1048	4	,	,	PUNCT
cjal-3258	1048	5	why	why	SCONJ
cjal-3258	1048	6	the	the	DET
cjal-3258	1048	7	share	share	NOUN
cjal-3258	1048	8	reform	reform	NOUN
cjal-3258	1048	9	of	of	ADP
cjal-3258	1048	10	yu	yu	PROPN
cjal-3258	1048	11	feng	feng	PROPN
cjal-3258	1048	12	failed],+	failed],+	PROPN
cjal-3258	1049	1	[	[	PUNCT
cjal-3258	1049	2	ui	ui	NOUN
cjal-3258	1049	3	0	0	NUM
cjal-3258	1049	4	-	-	PUNCT
cjal-3258	1049	5	r[china	r[china	NOUN
cjal-3258	1049	6	sec	sec	PROPN
cjal-3258	1049	7	.	.	PUNCT
cjal-3258	1050	1	j.	j.	PROPN
cjal-3258	1051	1	]	]	PROPN
cjal-3258	1051	2	,	,	PUNCT
cjal-3258	1051	3	mar	mar	PROPN
cjal-3258	1051	4	.	.	PROPN
cjal-3258	1051	5	4	4	NUM
cjal-3258	1051	6	,	,	PUNCT
cjal-3258	1051	7	2006	2006	NUM
cjal-3258	1051	8	,	,	PUNCT
cjal-3258	1051	9	at	at	ADP
cjal-3258	1051	10	a12	a12	NOUN
cjal-3258	1051	11	,	,	PUNCT
cjal-3258	1051	12	available	available	ADJ
cjal-3258	1051	13	at	at	ADP
cjal-3258	1051	14	http://www.cs.com.cn/jrbznew/html/200603/04/content_470956.htm	http://www.cs.com.cn/jrbznew/html/200603/04/content_470956.htm	PROPN
cjal-3258	1051	15	.	.	PUNCT
cjal-3258	1052	1	253	253	NUM
cjal-3258	1052	2	q+	q+	ADV
cjal-3258	1052	3	,	,	PUNCT
cjal-3258	1052	4	e	e	NOUN
cjal-3258	1052	5	,	,	PUNCT
cjal-3258	1052	6	,	,	PUNCT
cjal-3258	1052	7	"	"	PUNCT
cjal-3258	1052	8	i	i	PRON
cjal-3258	1052	9	,	,	PUNCT
cjal-3258	1052	10	,	,	PUNCT
cjal-3258	1052	11	[	[	X
cjal-3258	1052	12	huang	huang	PROPN
cjal-3258	1052	13	jianzhong	jianzhong	PROPN
cjal-3258	1052	14	,	,	PUNCT
cjal-3258	1052	15	who	who	PRON
cjal-3258	1052	16	is	be	AUX
cjal-3258	1052	17	the	the	DET
cjal-3258	1052	18	"	"	PUNCT
cjal-3258	1052	19	wastrel	wastrel	NOUN
cjal-3258	1052	20	"	"	PUNCT
cjal-3258	1052	21	in	in	ADP
cjal-3258	1052	22	share	share	NOUN
cjal-3258	1052	23	reform	reform	NOUN
cjal-3258	1052	24	?	?	PUNCT
cjal-3258	1052	25	]	]	PUNCT
cjal-3258	1053	1	t	t	NOUN
cjal-3258	1053	2	1	1	NUM
cjal-3258	1054	1	i	i	PRON
cjal-3258	1054	2	r1	r1	PROPN
cjal-3258	1055	1	t	t	PROPN
cjal-3258	1056	1	[	[	X
cjal-3258	1056	2	china	china	PROPN
cjal-3258	1056	3	bus	bus	PROPN
cjal-3258	1056	4	.	.	PUNCT
cjal-3258	1057	1	times	time	NOUN
cjal-3258	1057	2	]	]	PUNCT
cjal-3258	1057	3	,	,	PUNCT
cjal-3258	1057	4	feb	feb	PROPN
cjal-3258	1057	5	.	.	PROPN
cjal-3258	1057	6	6	6	NUM
cjal-3258	1057	7	,	,	PUNCT
cjal-3258	1057	8	2006	2006	NUM
cjal-3258	1057	9	,	,	PUNCT
cjal-3258	1057	10	available	available	ADJ
cjal-3258	1057	11	at	at	ADP
cjal-3258	1057	12	http://www.cbt.com.cn/cbtnews/frontend/news.asp?id=81126	http://www.cbt.com.cn/cbtnews/frontend/news.asp?id=81126	NOUN
cjal-3258	1057	13	.	.	PUNCT
cjal-3258	1058	1	350	350	NUM
cjal-3258	1059	1	[	[	X
cjal-3258	1059	2	20:1	20:1	NUM
cjal-3258	1059	3	2006	2006	NUM
cjal-3258	1059	4	]	]	X
cjal-3258	1059	5	regulatory	regulatory	ADJ
cjal-3258	1059	6	givings	giving	NOUN
cjal-3258	1059	7	in	in	ADP
cjal-3258	1059	8	china	china	PROPN
cjal-3258	1059	9	351	351	NUM
cjal-3258	1059	10	was	be	AUX
cjal-3258	1059	11	the	the	DET
cjal-3258	1059	12	case	case	NOUN
cjal-3258	1059	13	of	of	ADP
cjal-3258	1059	14	the	the	DET
cjal-3258	1059	15	rejected	reject	VERB
cjal-3258	1059	16	yu	yu	PROPN
cjal-3258	1059	17	feng	feng	PROPN
cjal-3258	1059	18	gu	gu	PROPN
cjal-3258	1059	19	fen	fen	PROPN
cjal-3258	1059	20	trading	trading	NOUN
cjal-3258	1059	21	proposal	proposal	NOUN
cjal-3258	1059	22	.	.	PUNCT
cjal-3258	1060	1	the	the	DET
cjal-3258	1060	2	tradable	tradable	ADJ
cjal-3258	1060	3	shareholdings	shareholding	NOUN
cjal-3258	1060	4	of	of	ADP
cjal-3258	1060	5	the	the	DET
cjal-3258	1060	6	company	company	NOUN
cjal-3258	1060	7	were	be	AUX
cjal-3258	1060	8	in	in	ADP
cjal-3258	1060	9	that	that	DET
cjal-3258	1060	10	case	case	NOUN
cjal-3258	1060	11	extremely	extremely	ADV
cjal-3258	1060	12	diverse	diverse	ADJ
cjal-3258	1060	13	,	,	PUNCT
cjal-3258	1060	14	with	with	ADP
cjal-3258	1060	15	16,000	16,000	NUM
cjal-3258	1060	16	shareholders	shareholder	NOUN
cjal-3258	1060	17	holding	hold	VERB
cjal-3258	1060	18	a	a	DET
cjal-3258	1060	19	total	total	NOUN
cjal-3258	1060	20	of	of	ADP
cjal-3258	1060	21	40	40	NUM
cjal-3258	1060	22	million	million	NUM
cjal-3258	1060	23	shares	share	NOUN
cjal-3258	1060	24	.	.	PUNCT
cjal-3258	1061	1	however	however	ADV
cjal-3258	1061	2	,	,	PUNCT
cjal-3258	1061	3	only	only	ADV
cjal-3258	1061	4	a	a	DET
cjal-3258	1061	5	total	total	NOUN
cjal-3258	1061	6	of	of	ADP
cjal-3258	1061	7	979	979	NUM
cjal-3258	1061	8	tradable	tradable	ADJ
cjal-3258	1061	9	shareholders	shareholder	NOUN
cjal-3258	1061	10	with	with	ADP
cjal-3258	1061	11	a	a	DET
cjal-3258	1061	12	combined	combine	VERB
cjal-3258	1061	13	shareholding	shareholding	NOUN
cjal-3258	1061	14	of	of	ADP
cjal-3258	1061	15	20.36	20.36	NUM
cjal-3258	1061	16	%	%	NOUN
cjal-3258	1061	17	took	take	VERB
cjal-3258	1061	18	part	part	NOUN
cjal-3258	1061	19	in	in	ADP
cjal-3258	1061	20	the	the	DET
cjal-3258	1061	21	voting	voting	NOUN
cjal-3258	1061	22	.	.	PUNCT
cjal-3258	1062	1	4	4	NUM
cjal-3258	1062	2	the	the	DET
cjal-3258	1062	3	vast	vast	ADJ
cjal-3258	1062	4	majority	majority	NOUN
cjal-3258	1062	5	of	of	ADP
cjal-3258	1062	6	tradable	tradable	ADJ
cjal-3258	1062	7	shareholders	shareholder	NOUN
cjal-3258	1062	8	did	do	AUX
cjal-3258	1062	9	not	not	PART
cjal-3258	1062	10	vote	vote	VERB
cjal-3258	1062	11	,	,	PUNCT
cjal-3258	1062	12	as	as	SCONJ
cjal-3258	1062	13	their	their	PRON
cjal-3258	1062	14	personal	personal	ADJ
cjal-3258	1062	15	transaction	transaction	NOUN
cjal-3258	1062	16	costs	cost	NOUN
cjal-3258	1062	17	outweighed	outweigh	VERB
cjal-3258	1062	18	their	their	PRON
cjal-3258	1062	19	personal	personal	ADJ
cjal-3258	1062	20	stakes	stake	NOUN
cjal-3258	1062	21	.	.	PUNCT
cjal-3258	1063	1	this	this	PRON
cjal-3258	1063	2	is	be	AUX
cjal-3258	1063	3	precisely	precisely	ADV
cjal-3258	1063	4	the	the	DET
cjal-3258	1063	5	sort	sort	NOUN
cjal-3258	1063	6	of	of	ADP
cjal-3258	1063	7	situation	situation	NOUN
cjal-3258	1063	8	where	where	SCONJ
cjal-3258	1063	9	the	the	DET
cjal-3258	1063	10	high	high	ADJ
cjal-3258	1063	11	transaction	transaction	NOUN
cjal-3258	1063	12	cost	cost	NOUN
cjal-3258	1063	13	of	of	ADP
cjal-3258	1063	14	privatized	privatized	ADJ
cjal-3258	1063	15	bargaining	bargaining	NOUN
cjal-3258	1063	16	under	under	ADP
cjal-3258	1063	17	the	the	DET
cjal-3258	1063	18	property	property	NOUN
cjal-3258	1063	19	rule	rule	NOUN
cjal-3258	1063	20	impedes	impede	VERB
cjal-3258	1063	21	efficient	efficient	ADJ
cjal-3258	1063	22	transfers	transfer	NOUN
cjal-3258	1063	23	.	.	PUNCT
cjal-3258	1064	1	appraisals	appraisal	NOUN
cjal-3258	1064	2	under	under	ADP
cjal-3258	1064	3	the	the	DET
cjal-3258	1064	4	liability	liability	NOUN
cjal-3258	1064	5	rule	rule	NOUN
cjal-3258	1064	6	would	would	AUX
cjal-3258	1064	7	actually	actually	ADV
cjal-3258	1064	8	lead	lead	VERB
cjal-3258	1064	9	to	to	ADP
cjal-3258	1064	10	greater	great	ADJ
cjal-3258	1064	11	economic	economic	ADJ
cjal-3258	1064	12	efficiency	efficiency	NOUN
cjal-3258	1064	13	in	in	ADP
cjal-3258	1064	14	such	such	ADJ
cjal-3258	1064	15	cases	case	NOUN
cjal-3258	1064	16	.	.	PUNCT
cjal-3258	1065	1	2	2	X
cjal-3258	1065	2	.	.	X
cjal-3258	1065	3	guidelines	guideline	NOUN
cjal-3258	1065	4	for	for	ADP
cjal-3258	1065	5	the	the	DET
cjal-3258	1065	6	bargaining	bargaining	NOUN
cjal-3258	1065	7	process	process	NOUN
cjal-3258	1065	8	as	as	SCONJ
cjal-3258	1065	9	highlighted	highlight	VERB
cjal-3258	1065	10	earlier	early	ADV
cjal-3258	1065	11	,	,	PUNCT
cjal-3258	1065	12	the	the	DET
cjal-3258	1065	13	privatization	privatization	NOUN
cjal-3258	1065	14	solution	solution	NOUN
cjal-3258	1065	15	,	,	PUNCT
cjal-3258	1065	16	while	while	SCONJ
cjal-3258	1065	17	meritorious	meritorious	ADJ
cjal-3258	1065	18	,	,	PUNCT
cjal-3258	1065	19	fails	fail	VERB
cjal-3258	1065	20	to	to	PART
cjal-3258	1065	21	adequately	adequately	ADV
cjal-3258	1065	22	deal	deal	VERB
cjal-3258	1065	23	with	with	ADP
cjal-3258	1065	24	considerations	consideration	NOUN
cjal-3258	1065	25	of	of	ADP
cjal-3258	1065	26	transaction	transaction	NOUN
cjal-3258	1065	27	costs	cost	NOUN
cjal-3258	1065	28	,	,	PUNCT
cjal-3258	1065	29	fairness	fairness	NOUN
cjal-3258	1065	30	,	,	PUNCT
cjal-3258	1065	31	and	and	CCONJ
cjal-3258	1065	32	the	the	DET
cjal-3258	1065	33	parties	party	NOUN
cjal-3258	1065	34	'	'	PART
cjal-3258	1065	35	irrationality	irrationality	NOUN
cjal-3258	1065	36	.	.	PUNCT
cjal-3258	1066	1	currently	currently	ADV
cjal-3258	1066	2	,	,	PUNCT
cjal-3258	1066	3	the	the	DET
cjal-3258	1066	4	tradable	tradable	ADJ
cjal-3258	1066	5	shareholders	shareholder	NOUN
cjal-3258	1066	6	and	and	CCONJ
cjal-3258	1066	7	non	non	ADJ
cjal-3258	1066	8	-	-	ADJ
cjal-3258	1066	9	tradable	tradable	ADJ
cjal-3258	1066	10	shareholders	shareholder	NOUN
cjal-3258	1066	11	are	be	AUX
cjal-3258	1066	12	basically	basically	ADV
cjal-3258	1066	13	given	give	VERB
cjal-3258	1066	14	free	free	ADJ
cjal-3258	1066	15	rein	rein	NOUN
cjal-3258	1066	16	to	to	ADP
cjal-3258	1066	17	bargain	bargain	NOUN
cjal-3258	1066	18	without	without	ADP
cjal-3258	1066	19	any	any	DET
cjal-3258	1066	20	guidelines	guideline	NOUN
cjal-3258	1066	21	save	save	VERB
cjal-3258	1066	22	the	the	DET
cjal-3258	1066	23	requirement	requirement	NOUN
cjal-3258	1066	24	of	of	ADP
cjal-3258	1066	25	approval	approval	NOUN
cjal-3258	1066	26	by	by	ADP
cjal-3258	1066	27	the	the	DET
cjal-3258	1066	28	relevant	relevant	ADJ
cjal-3258	1066	29	authorities.255	authorities.255	NOUN
cjal-3258	1066	30	there	there	PRON
cjal-3258	1066	31	are	be	VERB
cjal-3258	1066	32	only	only	ADV
cjal-3258	1066	33	vague	vague	ADJ
cjal-3258	1066	34	guidelines	guideline	NOUN
cjal-3258	1066	35	to	to	PART
cjal-3258	1066	36	"	"	PUNCT
cjal-3258	1066	37	give	give	VERB
cjal-3258	1066	38	attention	attention	NOUN
cjal-3258	1066	39	concurrently	concurrently	ADV
cjal-3258	1066	40	to	to	ADP
cjal-3258	1066	41	the	the	DET
cjal-3258	1066	42	immediate	immediate	ADJ
cjal-3258	1066	43	interests	interest	NOUN
cjal-3258	1066	44	and	and	CCONJ
cjal-3258	1066	45	the	the	DET
cjal-3258	1066	46	long	long	ADJ
cjal-3258	1066	47	-	-	PUNCT
cjal-3258	1066	48	term	term	NOUN
cjal-3258	1066	49	interests	interest	NOUN
cjal-3258	1066	50	of	of	ADP
cjal-3258	1066	51	all	all	DET
cjal-3258	1066	52	the	the	DET
cjal-3258	1066	53	shareholders	shareholder	NOUN
cjal-3258	1066	54	.	.	PUNCT
cjal-3258	1066	55	.	.	PUNCT
cjal-3258	1066	56	.	.	PUNCT
cjal-3258	1067	1	for	for	ADP
cjal-3258	1067	2	developing	develop	VERB
cjal-3258	1067	3	the	the	DET
cjal-3258	1067	4	company	company	NOUN
cjal-3258	1067	5	and	and	CCONJ
cjal-3258	1067	6	stabilizing	stabilize	VERB
cjal-3258	1067	7	the	the	DET
cjal-3258	1067	8	market	market	NOUN
cjal-3258	1067	9	"	"	PUNCT
cjal-3258	1067	10	'	'	PUNCT
cjal-3258	1067	11	256	256	NUM
cjal-3258	1067	12	and	and	CCONJ
cjal-3258	1067	13	"	"	PUNCT
cjal-3258	1067	14	balance	balance	VERB
cjal-3258	1067	15	the	the	DET
cjal-3258	1067	16	interests	interest	NOUN
cjal-3258	1067	17	of	of	ADP
cjal-3258	1067	18	the	the	DET
cjal-3258	1067	19	shareholders	shareholder	NOUN
cjal-3258	1067	20	by	by	ADP
cjal-3258	1067	21	way	way	NOUN
cjal-3258	1067	22	of	of	ADP
cjal-3258	1067	23	consideration	consideration	NOUN
cjal-3258	1067	24	.	.	PUNCT
cjal-3258	1067	25	"	"	PUNCT
cjal-3258	1068	1	257	257	NUM
cjal-3258	1068	2	of	of	ADP
cjal-3258	1068	3	course	course	NOUN
cjal-3258	1068	4	,	,	PUNCT
cjal-3258	1068	5	any	any	DET
cjal-3258	1068	6	uniformly	uniformly	ADV
cjal-3258	1068	7	applied	apply	VERB
cjal-3258	1068	8	mandatory	mandatory	ADJ
cjal-3258	1068	9	reform	reform	NOUN
cjal-3258	1068	10	measures	measure	NOUN
cjal-3258	1068	11	or	or	CCONJ
cjal-3258	1068	12	guidelines	guideline	NOUN
cjal-3258	1068	13	are	be	AUX
cjal-3258	1068	14	likely	likely	ADJ
cjal-3258	1068	15	to	to	PART
cjal-3258	1068	16	prove	prove	VERB
cjal-3258	1068	17	disastrous	disastrous	ADJ
cjal-3258	1068	18	,	,	PUNCT
cjal-3258	1068	19	considering	consider	VERB
cjal-3258	1068	20	the	the	DET
cjal-3258	1068	21	different	different	ADJ
cjal-3258	1068	22	circumstances	circumstance	NOUN
cjal-3258	1068	23	of	of	ADP
cjal-3258	1068	24	each	each	DET
cjal-3258	1068	25	listed	list	VERB
cjal-3258	1068	26	company	company	NOUN
cjal-3258	1068	27	.	.	PUNCT
cjal-3258	1069	1	however	however	ADV
cjal-3258	1069	2	,	,	PUNCT
cjal-3258	1069	3	this	this	PRON
cjal-3258	1069	4	does	do	AUX
cjal-3258	1069	5	not	not	PART
cjal-3258	1069	6	mean	mean	VERB
cjal-3258	1069	7	that	that	SCONJ
cjal-3258	1069	8	the	the	DET
cjal-3258	1069	9	government	government	NOUN
cjal-3258	1069	10	should	should	AUX
cjal-3258	1069	11	not	not	PART
cjal-3258	1069	12	set	set	VERB
cjal-3258	1069	13	down	down	ADP
cjal-3258	1069	14	some	some	DET
cjal-3258	1069	15	guidelines	guideline	NOUN
cjal-3258	1069	16	for	for	ADP
cjal-3258	1069	17	the	the	DET
cjal-3258	1069	18	bargaining	bargaining	NOUN
cjal-3258	1069	19	process	process	NOUN
cjal-3258	1069	20	.	.	PUNCT
cjal-3258	1070	1	one	one	NUM
cjal-3258	1070	2	of	of	ADP
cjal-3258	1070	3	the	the	DET
cjal-3258	1070	4	most	most	ADV
cjal-3258	1070	5	important	important	ADJ
cjal-3258	1070	6	purposes	purpose	NOUN
cjal-3258	1070	7	for	for	ADP
cjal-3258	1070	8	these	these	DET
cjal-3258	1070	9	254	254	NUM
cjal-3258	1070	10	yao	yao	NOUN
cjal-3258	1070	11	,	,	PUNCT
cjal-3258	1070	12	supra	supra	PROPN
cjal-3258	1070	13	note	note	NOUN
cjal-3258	1070	14	252	252	NUM
cjal-3258	1070	15	.	.	PUNCT
cjal-3258	1071	1	255	255	NUM
cjal-3258	1071	2	there	there	PRON
cjal-3258	1071	3	are	be	VERB
cjal-3258	1071	4	reports	report	NOUN
cjal-3258	1071	5	that	that	SCONJ
cjal-3258	1071	6	cao	cao	PROPN
cjal-3258	1071	7	lubo	lubo	PROPN
cjal-3258	1071	8	,	,	PUNCT
cjal-3258	1071	9	an	an	DET
cjal-3258	1071	10	assistant	assistant	ADJ
cjal-3258	1071	11	researcher	researcher	NOUN
cjal-3258	1071	12	in	in	ADP
cjal-3258	1071	13	the	the	DET
cjal-3258	1071	14	chinese	chinese	ADJ
cjal-3258	1071	15	state	state	PROPN
cjal-3258	1071	16	council	council	PROPN
cjal-3258	1071	17	stateowned	stateowne	VERB
cjal-3258	1071	18	assets	asset	NOUN
cjal-3258	1071	19	supervision	supervision	PROPN
cjal-3258	1071	20	and	and	CCONJ
cjal-3258	1071	21	administration	administration	PROPN
cjal-3258	1071	22	commission	commission	PROPN
cjal-3258	1071	23	,	,	PUNCT
cjal-3258	1071	24	bureau	bureau	NOUN
cjal-3258	1071	25	of	of	ADP
cjal-3258	1071	26	property	property	NOUN
cjal-3258	1071	27	right	right	PROPN
cjal-3258	1071	28	management	management	NOUN
cjal-3258	1071	29	shares	share	NOUN
cjal-3258	1071	30	department	department	NOUN
cjal-3258	1071	31	,	,	PUNCT
cjal-3258	1071	32	publicly	publicly	ADV
cjal-3258	1071	33	announced	announce	VERB
cjal-3258	1071	34	six	six	NUM
cjal-3258	1071	35	major	major	ADJ
cjal-3258	1071	36	principles	principle	NOUN
cjal-3258	1071	37	for	for	ADP
cjal-3258	1071	38	the	the	DET
cjal-3258	1071	39	determination	determination	NOUN
cjal-3258	1071	40	of	of	ADP
cjal-3258	1071	41	considerations	consideration	NOUN
cjal-3258	1071	42	.	.	PUNCT
cjal-3258	1072	1	xjfft	xjfft	PROPN
cjal-3258	1072	2	~	~	X
cjal-3258	1072	3	a~1	a~1	VERB
cjal-3258	1072	4	~	~	SYM
cjal-3258	1072	5	lj	lj	ADJ
cjal-3258	1072	6	:	:	PUNCT
cjal-3258	1072	7	1	1	NUM
cjal-3258	1072	8	"	"	PUNCT
cjal-3258	1072	9	pk	pk	NOUN
cjal-3258	1072	10	'	'	PUNCT
cjal-3258	1072	11	"	"	PUNCT
cjal-3258	1072	12	?	?	PUNCT
cjal-3258	1073	1	[	[	X
cjal-3258	1073	2	six	six	NUM
cjal-3258	1073	3	principles	principle	NOUN
cjal-3258	1073	4	for	for	ADP
cjal-3258	1073	5	consideration	consideration	NOUN
cjal-3258	1073	6	:	:	PUNCT
cjal-3258	1073	7	sasac	sasac	NOUN
cjal-3258	1073	8	setting	set	VERB
cjal-3258	1073	9	the	the	DET
cjal-3258	1073	10	"	"	PUNCT
cjal-3258	1073	11	pk	pk	NOUN
cjal-3258	1073	12	stage	stage	NOUN
cjal-3258	1073	13	"	"	PUNCT
cjal-3258	1073	14	?	?	PUNCT
cjal-3258	1073	15	]	]	X
cjal-3258	1073	16	,	,	PUNCT
cjal-3258	1073	17	21	21	NUM
cjal-3258	1073	18	ft	ft	PART
cjal-3258	1073	19	2	2	NUM
cjal-3258	1073	20	0	0	NUM
cjal-3258	1073	21	9	9	NUM
cjal-3258	1073	22	*	*	PUNCT
cjal-3258	1073	23	i	i	PRON
cjal-3258	1074	1	[	[	X
cjal-3258	1074	2	2	2	NUM
cjal-3258	1074	3	1s	1s	NUM
cjal-3258	1074	4	"	"	PUNCT
cjal-3258	1074	5	century	century	NOUN
cjal-3258	1074	6	econ	econ	NOUN
cjal-3258	1074	7	.	.	PUNCT
cjal-3258	1075	1	rep	rep	PROPN
cjal-3258	1075	2	.	.	PROPN
cjal-3258	1075	3	]	]	X
cjal-3258	1075	4	,	,	PUNCT
cjal-3258	1075	5	sep	sep	PROPN
cjal-3258	1075	6	.	.	PROPN
cjal-3258	1075	7	26	26	NUM
cjal-3258	1075	8	,	,	PUNCT
cjal-3258	1075	9	2005	2005	NUM
cjal-3258	1075	10	,	,	PUNCT
cjal-3258	1075	11	available	available	ADJ
cjal-3258	1075	12	at	at	ADP
cjal-3258	1075	13	http://www.nanfangdaily.com.cn/jj/20050926/zh/200509260005.asp	http://www.nanfangdaily.com.cn/jj/20050926/zh/200509260005.asp	NOUN
cjal-3258	1075	14	.	.	PUNCT
cjal-3258	1076	1	the	the	DET
cjal-3258	1076	2	announcement	announcement	NOUN
cjal-3258	1076	3	was	be	AUX
cjal-3258	1076	4	made	make	VERB
cjal-3258	1076	5	after	after	ADP
cjal-3258	1076	6	the	the	DET
cjal-3258	1076	7	completion	completion	NOUN
cjal-3258	1076	8	of	of	ADP
cjal-3258	1076	9	the	the	DET
cjal-3258	1076	10	second	second	ADJ
cjal-3258	1076	11	trial	trial	NOUN
cjal-3258	1076	12	where	where	SCONJ
cjal-3258	1076	13	all	all	DET
cjal-3258	1076	14	the	the	DET
cjal-3258	1076	15	trading	trading	NOUN
cjal-3258	1076	16	proposals	proposal	NOUN
cjal-3258	1076	17	were	be	AUX
cjal-3258	1076	18	approved	approve	VERB
cjal-3258	1076	19	.	.	PUNCT
cjal-3258	1077	1	this	this	PRON
cjal-3258	1077	2	led	lead	VERB
cjal-3258	1077	3	to	to	ADP
cjal-3258	1077	4	concerns	concern	NOUN
cjal-3258	1077	5	of	of	ADP
cjal-3258	1077	6	over	over	ADP
cjal-3258	1077	7	-	-	PUNCT
cjal-3258	1077	8	compensation	compensation	NOUN
cjal-3258	1077	9	for	for	ADP
cjal-3258	1077	10	state	state	NOUN
cjal-3258	1077	11	shares	share	NOUN
cjal-3258	1077	12	.	.	PUNCT
cjal-3258	1078	1	there	there	PRON
cjal-3258	1078	2	are	be	VERB
cjal-3258	1078	3	two	two	NUM
cjal-3258	1078	4	problems	problem	NOUN
cjal-3258	1078	5	with	with	ADP
cjal-3258	1078	6	this	this	DET
cjal-3258	1078	7	six	six	NUM
cjal-3258	1078	8	principles	principle	NOUN
cjal-3258	1078	9	announcement	announcement	NOUN
cjal-3258	1078	10	.	.	PUNCT
cjal-3258	1079	1	first	first	ADV
cjal-3258	1079	2	,	,	PUNCT
cjal-3258	1079	3	it	it	PRON
cjal-3258	1079	4	was	be	AUX
cjal-3258	1079	5	an	an	DET
cjal-3258	1079	6	unofficial	unofficial	ADJ
cjal-3258	1079	7	announcement	announcement	NOUN
cjal-3258	1079	8	that	that	PRON
cjal-3258	1079	9	was	be	AUX
cjal-3258	1079	10	not	not	PART
cjal-3258	1079	11	even	even	ADV
cjal-3258	1079	12	recorded	record	VERB
cjal-3258	1079	13	in	in	ADP
cjal-3258	1079	14	the	the	DET
cjal-3258	1079	15	stateowned	stateowne	VERB
cjal-3258	1079	16	assets	asset	NOUN
cjal-3258	1079	17	supervision	supervision	PROPN
cjal-3258	1079	18	and	and	CCONJ
cjal-3258	1079	19	administration	administration	PROPN
cjal-3258	1079	20	commission	commission	PROPN
cjal-3258	1079	21	website	website	NOUN
cjal-3258	1079	22	,	,	PUNCT
cjal-3258	1079	23	http://www.sasac.gov.cn/index.html	http://www.sasac.gov.cn/index.html	PROPN
cjal-3258	1079	24	(	(	PUNCT
cjal-3258	1079	25	last	last	ADJ
cjal-3258	1079	26	visited	visit	VERB
cjal-3258	1079	27	oct	oct	PROPN
cjal-3258	1079	28	.	.	PROPN
cjal-3258	1079	29	27	27	NUM
cjal-3258	1079	30	,	,	PUNCT
cjal-3258	1079	31	2006	2006	NUM
cjal-3258	1079	32	)	)	PUNCT
cjal-3258	1079	33	.	.	PUNCT
cjal-3258	1080	1	its	its	PRON
cjal-3258	1080	2	applicability	applicability	NOUN
cjal-3258	1080	3	is	be	AUX
cjal-3258	1080	4	certainly	certainly	ADV
cjal-3258	1080	5	in	in	ADP
cjal-3258	1080	6	doubt	doubt	NOUN
cjal-3258	1080	7	.	.	PUNCT
cjal-3258	1081	1	second	second	ADV
cjal-3258	1081	2	,	,	PUNCT
cjal-3258	1081	3	there	there	PRON
cjal-3258	1081	4	are	be	VERB
cjal-3258	1081	5	enforcements	enforcement	NOUN
cjal-3258	1081	6	problems	problem	NOUN
cjal-3258	1081	7	.	.	PUNCT
cjal-3258	1082	1	these	these	DET
cjal-3258	1082	2	six	six	NUM
cjal-3258	1082	3	principles	principle	NOUN
cjal-3258	1082	4	can	can	AUX
cjal-3258	1082	5	at	at	ADP
cjal-3258	1082	6	best	well	ADV
cjal-3258	1082	7	affect	affect	VERB
cjal-3258	1082	8	the	the	DET
cjal-3258	1082	9	granting	granting	NOUN
cjal-3258	1082	10	of	of	ADP
cjal-3258	1082	11	approval	approval	NOUN
cjal-3258	1082	12	by	by	ADP
cjal-3258	1082	13	the	the	DET
cjal-3258	1082	14	state	state	NOUN
cjal-3258	1082	15	-	-	PUNCT
cjal-3258	1082	16	owned	own	VERB
cjal-3258	1082	17	assets	asset	NOUN
cjal-3258	1082	18	supervision	supervision	NOUN
cjal-3258	1082	19	and	and	CCONJ
cjal-3258	1082	20	administration	administration	NOUN
cjal-3258	1082	21	authority	authority	NOUN
cjal-3258	1082	22	,	,	PUNCT
cjal-3258	1082	23	but	but	CCONJ
cjal-3258	1082	24	do	do	AUX
cjal-3258	1082	25	not	not	PART
cjal-3258	1082	26	affect	affect	VERB
cjal-3258	1082	27	the	the	DET
cjal-3258	1082	28	exercise	exercise	NOUN
cjal-3258	1082	29	of	of	ADP
cjal-3258	1082	30	veto	veto	NOUN
cjal-3258	1082	31	rights	right	NOUN
cjal-3258	1082	32	by	by	ADP
cjal-3258	1082	33	tradable	tradable	ADJ
cjal-3258	1082	34	shareholders	shareholder	NOUN
cjal-3258	1082	35	.	.	PUNCT
cjal-3258	1083	1	256	256	NUM
cjal-3258	1083	2	administrative	administrative	ADJ
cjal-3258	1083	3	measures	measure	NOUN
cjal-3258	1083	4	,	,	PUNCT
cjal-3258	1083	5	supra	supra	PROPN
cjal-3258	1083	6	note	note	NOUN
cjal-3258	1083	7	55	55	NUM
cjal-3258	1083	8	,	,	PUNCT
cjal-3258	1083	9	§	§	PROPN
cjal-3258	1083	10	22	22	NUM
cjal-3258	1083	11	.	.	PUNCT
cjal-3258	1084	1	257	257	NUM
cjal-3258	1084	2	guiding	guide	VERB
cjal-3258	1084	3	opinions	opinion	NOUN
cjal-3258	1084	4	,	,	PUNCT
cjal-3258	1084	5	supra	supra	PROPN
cjal-3258	1084	6	note	note	NOUN
cjal-3258	1084	7	23	23	NUM
cjal-3258	1084	8	,	,	PUNCT
cjal-3258	1084	9	8	8	NUM
cjal-3258	1084	10	.	.	PUNCT
cjal-3258	1084	11	columbia	columbia	PROPN
cjal-3258	1084	12	journal	journal	PROPN
cjal-3258	1084	13	of	of	ADP
cjal-3258	1084	14	asian	asian	PROPN
cjal-3258	1084	15	la	la	PROPN
cjal-3258	1084	16	w	w	PROPN
cjal-3258	1084	17	guidelines	guideline	NOUN
cjal-3258	1084	18	would	would	AUX
cjal-3258	1084	19	be	be	AUX
cjal-3258	1084	20	to	to	PART
cjal-3258	1084	21	tackle	tackle	VERB
cjal-3258	1084	22	the	the	DET
cjal-3258	1084	23	equity	equity	NOUN
cjal-3258	1084	24	considerations	consideration	NOUN
cjal-3258	1084	25	ignored	ignore	VERB
cjal-3258	1084	26	under	under	ADP
cjal-3258	1084	27	privatization	privatization	NOUN
cjal-3258	1084	28	.	.	PUNCT
cjal-3258	1085	1	for	for	ADP
cjal-3258	1085	2	example	example	NOUN
cjal-3258	1085	3	,	,	PUNCT
cjal-3258	1085	4	these	these	DET
cjal-3258	1085	5	guidelines	guideline	NOUN
cjal-3258	1085	6	may	may	AUX
cjal-3258	1085	7	stipulate	stipulate	VERB
cjal-3258	1085	8	the	the	DET
cjal-3258	1085	9	various	various	ADJ
cjal-3258	1085	10	considerations	consideration	NOUN
cjal-3258	1085	11	that	that	PRON
cjal-3258	1085	12	must	must	AUX
cjal-3258	1085	13	be	be	AUX
cjal-3258	1085	14	factored	factor	VERB
cjal-3258	1085	15	into	into	ADP
cjal-3258	1085	16	the	the	DET
cjal-3258	1085	17	private	private	ADJ
cjal-3258	1085	18	bargaining	bargaining	NOUN
cjal-3258	1085	19	process	process	NOUN
cjal-3258	1085	20	.	.	PUNCT
cjal-3258	1086	1	this	this	PRON
cjal-3258	1086	2	includes	include	VERB
cjal-3258	1086	3	factors	factor	NOUN
cjal-3258	1086	4	like	like	ADP
cjal-3258	1086	5	externalities	externality	NOUN
cjal-3258	1086	6	,	,	PUNCT
cjal-3258	1086	7	long	long	ADJ
cjal-3258	1086	8	-	-	PUNCT
cjal-3258	1086	9	term	term	NOUN
cjal-3258	1086	10	benefits	benefit	NOUN
cjal-3258	1086	11	and	and	CCONJ
cjal-3258	1086	12	detriments	detriment	NOUN
cjal-3258	1086	13	and	and	CCONJ
cjal-3258	1086	14	historical	historical	ADJ
cjal-3258	1086	15	losses	loss	NOUN
cjal-3258	1086	16	and	and	CCONJ
cjal-3258	1086	17	gains	gain	NOUN
cjal-3258	1086	18	that	that	PRON
cjal-3258	1086	19	may	may	AUX
cjal-3258	1086	20	not	not	PART
cjal-3258	1086	21	be	be	AUX
cjal-3258	1086	22	within	within	ADP
cjal-3258	1086	23	the	the	DET
cjal-3258	1086	24	parties	party	NOUN
cjal-3258	1086	25	'	'	PART
cjal-3258	1086	26	bargaining	bargaining	NOUN
cjal-3258	1086	27	calculus	calculus	NOUN
cjal-3258	1086	28	.	.	PUNCT
cjal-3258	1087	1	some	some	DET
cjal-3258	1087	2	qualifications	qualification	NOUN
cjal-3258	1087	3	should	should	AUX
cjal-3258	1087	4	also	also	ADV
cjal-3258	1087	5	be	be	AUX
cjal-3258	1087	6	imposed	impose	VERB
cjal-3258	1087	7	on	on	ADP
cjal-3258	1087	8	the	the	DET
cjal-3258	1087	9	exercise	exercise	NOUN
cjal-3258	1087	10	of	of	ADP
cjal-3258	1087	11	the	the	DET
cjal-3258	1087	12	tradable	tradable	ADJ
cjal-3258	1087	13	shareholders	shareholder	NOUN
cjal-3258	1087	14	'	'	PART
cjal-3258	1087	15	rights	right	NOUN
cjal-3258	1087	16	in	in	ADP
cjal-3258	1087	17	the	the	DET
cjal-3258	1087	18	reform	reform	NOUN
cjal-3258	1087	19	to	to	PART
cjal-3258	1087	20	ensure	ensure	VERB
cjal-3258	1087	21	they	they	PRON
cjal-3258	1087	22	are	be	AUX
cjal-3258	1087	23	not	not	PART
cjal-3258	1087	24	exercised	exercise	VERB
cjal-3258	1087	25	unreasonably	unreasonably	ADV
cjal-3258	1087	26	or	or	CCONJ
cjal-3258	1087	27	in	in	ADP
cjal-3258	1087	28	bad	bad	ADJ
cjal-3258	1087	29	faith	faith	NOUN
cjal-3258	1087	30	.	.	PUNCT
cjal-3258	1088	1	this	this	PRON
cjal-3258	1088	2	is	be	AUX
cjal-3258	1088	3	related	relate	VERB
cjal-3258	1088	4	to	to	ADP
cjal-3258	1088	5	the	the	DET
cjal-3258	1088	6	previous	previous	ADJ
cjal-3258	1088	7	recommendation	recommendation	NOUN
cjal-3258	1088	8	and	and	CCONJ
cjal-3258	1088	9	is	be	AUX
cjal-3258	1088	10	meant	mean	VERB
cjal-3258	1088	11	to	to	PART
cjal-3258	1088	12	reduce	reduce	VERB
cjal-3258	1088	13	transaction	transaction	NOUN
cjal-3258	1088	14	costs	cost	NOUN
cjal-3258	1088	15	and	and	CCONJ
cjal-3258	1088	16	negative	negative	ADJ
cjal-3258	1088	17	externalities	externality	NOUN
cjal-3258	1088	18	.	.	PUNCT
cjal-3258	1089	1	the	the	DET
cjal-3258	1089	2	objections	objection	NOUN
cjal-3258	1089	3	to	to	ADP
cjal-3258	1089	4	this	this	DET
cjal-3258	1089	5	qualification	qualification	NOUN
cjal-3258	1089	6	should	should	AUX
cjal-3258	1089	7	be	be	AUX
cjal-3258	1089	8	limited	limit	VERB
cjal-3258	1089	9	since	since	SCONJ
cjal-3258	1089	10	this	this	DET
cjal-3258	1089	11	right	right	NOUN
cjal-3258	1089	12	is	be	AUX
cjal-3258	1089	13	granted	grant	VERB
cjal-3258	1089	14	to	to	ADP
cjal-3258	1089	15	the	the	DET
cjal-3258	1089	16	tradable	tradable	ADJ
cjal-3258	1089	17	shareholders	shareholder	NOUN
cjal-3258	1089	18	by	by	ADP
cjal-3258	1089	19	regulation	regulation	NOUN
cjal-3258	1089	20	in	in	ADP
cjal-3258	1089	21	the	the	DET
cjal-3258	1089	22	first	first	ADJ
cjal-3258	1089	23	place	place	NOUN
cjal-3258	1089	24	.	.	PUNCT
cjal-3258	1090	1	the	the	DET
cjal-3258	1090	2	enforcement	enforcement	NOUN
cjal-3258	1090	3	of	of	ADP
cjal-3258	1090	4	these	these	DET
cjal-3258	1090	5	guidelines	guideline	NOUN
cjal-3258	1090	6	can	can	AUX
cjal-3258	1090	7	take	take	VERB
cjal-3258	1090	8	the	the	DET
cjal-3258	1090	9	form	form	NOUN
cjal-3258	1090	10	of	of	ADP
cjal-3258	1090	11	a	a	DET
cjal-3258	1090	12	reduction	reduction	NOUN
cjal-3258	1090	13	in	in	ADP
cjal-3258	1090	14	the	the	DET
cjal-3258	1090	15	required	require	VERB
cjal-3258	1090	16	majority	majority	NOUN
cjal-3258	1090	17	approval	approval	NOUN
cjal-3258	1090	18	.	.	PUNCT
cjal-3258	1091	1	for	for	ADP
cjal-3258	1091	2	example	example	NOUN
cjal-3258	1091	3	,	,	PUNCT
cjal-3258	1091	4	if	if	SCONJ
cjal-3258	1091	5	the	the	DET
cjal-3258	1091	6	nontradable	nontradable	ADJ
cjal-3258	1091	7	shareholders	shareholder	NOUN
cjal-3258	1091	8	discharge	discharge	VERB
cjal-3258	1091	9	the	the	DET
cjal-3258	1091	10	burden	burden	NOUN
cjal-3258	1091	11	of	of	ADP
cjal-3258	1091	12	showing	show	VERB
cjal-3258	1091	13	that	that	SCONJ
cjal-3258	1091	14	their	their	PRON
cjal-3258	1091	15	proposal	proposal	NOUN
cjal-3258	1091	16	properly	properly	ADV
cjal-3258	1091	17	took	take	VERB
cjal-3258	1091	18	into	into	ADP
cjal-3258	1091	19	account	account	NOUN
cjal-3258	1091	20	the	the	DET
cjal-3258	1091	21	various	various	ADJ
cjal-3258	1091	22	stipulated	stipulate	VERB
cjal-3258	1091	23	considerations	consideration	NOUN
cjal-3258	1091	24	,	,	PUNCT
cjal-3258	1091	25	they	they	PRON
cjal-3258	1091	26	should	should	AUX
cjal-3258	1091	27	be	be	AUX
cjal-3258	1091	28	able	able	ADJ
cjal-3258	1091	29	to	to	PART
cjal-3258	1091	30	implement	implement	VERB
cjal-3258	1091	31	that	that	DET
cjal-3258	1091	32	proposal	proposal	NOUN
cjal-3258	1091	33	with	with	ADP
cjal-3258	1091	34	only	only	ADV
cjal-3258	1091	35	a	a	DET
cjal-3258	1091	36	simple	simple	ADJ
cjal-3258	1091	37	majority	majority	NOUN
cjal-3258	1091	38	by	by	ADP
cjal-3258	1091	39	the	the	DET
cjal-3258	1091	40	tradable	tradable	ADJ
cjal-3258	1091	41	shareholders	shareholder	NOUN
cjal-3258	1091	42	,	,	PUNCT
cjal-3258	1091	43	instead	instead	ADV
cjal-3258	1091	44	of	of	ADP
cjal-3258	1091	45	the	the	DET
cjal-3258	1091	46	currently	currently	ADV
cjal-3258	1091	47	required	require	VERB
cjal-3258	1091	48	two	two	NUM
cjal-3258	1091	49	-	-	PUNCT
cjal-3258	1091	50	thirds	third	NOUN
cjal-3258	1091	51	majority	majority	NOUN
cjal-3258	1091	52	.	.	PUNCT
cjal-3258	1092	1	this	this	PRON
cjal-3258	1092	2	is	be	AUX
cjal-3258	1092	3	a	a	DET
cjal-3258	1092	4	useful	useful	ADJ
cjal-3258	1092	5	incentive	incentive	NOUN
cjal-3258	1092	6	to	to	PART
cjal-3258	1092	7	encourage	encourage	VERB
cjal-3258	1092	8	trading	trading	NOUN
cjal-3258	1092	9	proposals	proposal	NOUN
cjal-3258	1092	10	that	that	PRON
cjal-3258	1092	11	generate	generate	VERB
cjal-3258	1092	12	positive	positive	ADJ
cjal-3258	1092	13	externalities	externality	NOUN
cjal-3258	1092	14	.	.	PUNCT
cjal-3258	1093	1	these	these	DET
cjal-3258	1093	2	guidelines	guideline	NOUN
cjal-3258	1093	3	could	could	AUX
cjal-3258	1093	4	also	also	ADV
cjal-3258	1093	5	help	help	VERB
cjal-3258	1093	6	reduce	reduce	VERB
cjal-3258	1093	7	the	the	DET
cjal-3258	1093	8	risk	risk	NOUN
cjal-3258	1093	9	of	of	ADP
cjal-3258	1093	10	over	over	ADP
cjal-3258	1093	11	-	-	PUNCT
cjal-3258	1093	12	compensation	compensation	NOUN
cjal-3258	1093	13	.	.	PUNCT
cjal-3258	1094	1	as	as	SCONJ
cjal-3258	1094	2	discussed	discuss	VERB
cjal-3258	1094	3	above	above	ADV
cjal-3258	1094	4	,	,	PUNCT
cjal-3258	1094	5	one	one	NUM
cjal-3258	1094	6	reason	reason	NOUN
cjal-3258	1094	7	contributing	contribute	VERB
cjal-3258	1094	8	to	to	ADP
cjal-3258	1094	9	this	this	DET
cjal-3258	1094	10	risk	risk	NOUN
cjal-3258	1094	11	is	be	AUX
cjal-3258	1094	12	the	the	DET
cjal-3258	1094	13	pressure	pressure	NOUN
cjal-3258	1094	14	to	to	PART
cjal-3258	1094	15	secure	secure	VERB
cjal-3258	1094	16	the	the	DET
cjal-3258	1094	17	tradable	tradable	ADJ
cjal-3258	1094	18	shareholders	shareholder	NOUN
cjal-3258	1094	19	'	'	PART
cjal-3258	1094	20	approval	approval	NOUN
cjal-3258	1094	21	.	.	PUNCT
cjal-3258	1095	1	by	by	ADP
cjal-3258	1095	2	lowering	lower	VERB
cjal-3258	1095	3	the	the	DET
cjal-3258	1095	4	approval	approval	NOUN
cjal-3258	1095	5	requirement	requirement	NOUN
cjal-3258	1095	6	when	when	SCONJ
cjal-3258	1095	7	the	the	DET
cjal-3258	1095	8	trading	trading	NOUN
cjal-3258	1095	9	proposal	proposal	NOUN
cjal-3258	1095	10	meets	meet	VERB
cjal-3258	1095	11	certain	certain	ADJ
cjal-3258	1095	12	guidelines	guideline	NOUN
cjal-3258	1095	13	,	,	PUNCT
cjal-3258	1095	14	the	the	DET
cjal-3258	1095	15	non	non	ADJ
cjal-3258	1095	16	-	-	ADJ
cjal-3258	1095	17	tradable	tradable	ADJ
cjal-3258	1095	18	shareholders	shareholder	NOUN
cjal-3258	1095	19	,	,	PUNCT
cjal-3258	1095	20	especially	especially	ADV
cjal-3258	1095	21	that	that	PRON
cjal-3258	1095	22	of	of	ADP
cjal-3258	1095	23	the	the	DET
cjal-3258	1095	24	state	state	NOUN
cjal-3258	1095	25	shares	share	NOUN
cjal-3258	1095	26	,	,	PUNCT
cjal-3258	1095	27	would	would	AUX
cjal-3258	1095	28	be	be	AUX
cjal-3258	1095	29	less	less	ADV
cjal-3258	1095	30	inclined	inclined	ADJ
cjal-3258	1095	31	towards	towards	ADP
cjal-3258	1095	32	overcompensation	overcompensation	NOUN
cjal-3258	1095	33	.	.	PUNCT
cjal-3258	1096	1	vii	vii	PROPN
cjal-3258	1096	2	.	.	PROPN
cjal-3258	1097	1	conclusions	conclusion	NOUN
cjal-3258	1097	2	:	:	PUNCT
cjal-3258	1097	3	lessons	lesson	NOUN
cjal-3258	1097	4	on	on	ADP
cjal-3258	1097	5	charging	charge	VERB
cjal-3258	1097	6	givings	giving	NOUN
cjal-3258	1097	7	the	the	DET
cjal-3258	1097	8	chinese	chinese	ADJ
cjal-3258	1097	9	split	split	VERB
cjal-3258	1097	10	shares	share	NOUN
cjal-3258	1097	11	structure	structure	NOUN
cjal-3258	1097	12	reform	reform	NOUN
cjal-3258	1097	13	is	be	AUX
cjal-3258	1097	14	complicated	complicated	ADJ
cjal-3258	1097	15	and	and	CCONJ
cjal-3258	1097	16	difficult	difficult	ADJ
cjal-3258	1097	17	.	.	PUNCT
cjal-3258	1098	1	the	the	DET
cjal-3258	1098	2	experience	experience	NOUN
cjal-3258	1098	3	of	of	ADP
cjal-3258	1098	4	the	the	DET
cjal-3258	1098	5	failed	fail	VERB
cjal-3258	1098	6	2001	2001	NUM
cjal-3258	1098	7	reform	reform	NOUN
cjal-3258	1098	8	largely	largely	ADV
cjal-3258	1098	9	contributed	contribute	VERB
cjal-3258	1098	10	to	to	ADP
cjal-3258	1098	11	the	the	DET
cjal-3258	1098	12	innovative	innovative	ADJ
cjal-3258	1098	13	privatized	privatized	ADJ
cjal-3258	1098	14	bargaining	bargaining	NOUN
cjal-3258	1098	15	mechanisms	mechanism	NOUN
cjal-3258	1098	16	whereby	whereby	SCONJ
cjal-3258	1098	17	the	the	DET
cjal-3258	1098	18	tradable	tradable	ADJ
cjal-3258	1098	19	shareholders	shareholder	NOUN
cjal-3258	1098	20	must	must	AUX
cjal-3258	1098	21	be	be	AUX
cjal-3258	1098	22	satisfied	satisfy	VERB
cjal-3258	1098	23	by	by	ADP
cjal-3258	1098	24	the	the	DET
cjal-3258	1098	25	non	non	ADJ
cjal-3258	1098	26	-	-	ADJ
cjal-3258	1098	27	tradable	tradable	ADJ
cjal-3258	1098	28	shareholders	shareholder	NOUN
cjal-3258	1098	29	'	'	PART
cjal-3258	1098	30	compensation	compensation	NOUN
cjal-3258	1098	31	package	package	NOUN
cjal-3258	1098	32	before	before	SCONJ
cjal-3258	1098	33	the	the	DET
cjal-3258	1098	34	non	non	ADJ
cjal-3258	1098	35	-	-	ADJ
cjal-3258	1098	36	tradable	tradable	ADJ
cjal-3258	1098	37	shares	share	NOUN
cjal-3258	1098	38	can	can	AUX
cjal-3258	1098	39	trade	trade	VERB
cjal-3258	1098	40	.	.	PUNCT
cjal-3258	1099	1	we	we	PRON
cjal-3258	1099	2	give	give	VERB
cjal-3258	1099	3	due	due	ADJ
cjal-3258	1099	4	credit	credit	NOUN
cjal-3258	1099	5	to	to	ADP
cjal-3258	1099	6	the	the	DET
cjal-3258	1099	7	chinese	chinese	ADJ
cjal-3258	1099	8	regulatory	regulatory	ADJ
cjal-3258	1099	9	authorities	authority	NOUN
cjal-3258	1099	10	for	for	ADP
cjal-3258	1099	11	this	this	DET
cjal-3258	1099	12	granting	granting	NOUN
cjal-3258	1099	13	of	of	ADP
cjal-3258	1099	14	property	property	NOUN
cjal-3258	1099	15	rights	right	NOUN
cjal-3258	1099	16	and	and	CCONJ
cjal-3258	1099	17	use	use	NOUN
cjal-3258	1099	18	of	of	ADP
cjal-3258	1099	19	a	a	DET
cjal-3258	1099	20	privatized	privatized	ADJ
cjal-3258	1099	21	solution	solution	NOUN
cjal-3258	1099	22	that	that	PRON
cjal-3258	1099	23	accords	accord	NOUN
cjal-3258	1099	24	with	with	ADP
cjal-3258	1099	25	economic	economic	ADJ
cjal-3258	1099	26	efficiency	efficiency	NOUN
cjal-3258	1099	27	and	and	CCONJ
cjal-3258	1099	28	practicality	practicality	NOUN
cjal-3258	1099	29	of	of	ADP
cjal-3258	1099	30	implementation	implementation	NOUN
cjal-3258	1099	31	.	.	PUNCT
cjal-3258	1100	1	however	however	ADV
cjal-3258	1100	2	,	,	PUNCT
cjal-3258	1100	3	on	on	ADP
cjal-3258	1100	4	the	the	DET
cjal-3258	1100	5	legal	legal	ADJ
cjal-3258	1100	6	front	front	NOUN
cjal-3258	1100	7	,	,	PUNCT
cjal-3258	1100	8	the	the	DET
cjal-3258	1100	9	traditional	traditional	ADJ
cjal-3258	1100	10	approaches	approach	NOUN
cjal-3258	1100	11	in	in	ADP
cjal-3258	1100	12	private	private	ADJ
cjal-3258	1100	13	and	and	CCONJ
cjal-3258	1100	14	public	public	ADJ
cjal-3258	1100	15	law	law	NOUN
cjal-3258	1100	16	remedies	remedy	NOUN
cjal-3258	1100	17	have	have	AUX
cjal-3258	1100	18	failed	fail	VERB
cjal-3258	1100	19	to	to	PART
cjal-3258	1100	20	provide	provide	VERB
cjal-3258	1100	21	a	a	DET
cjal-3258	1100	22	valid	valid	ADJ
cjal-3258	1100	23	legal	legal	ADJ
cjal-3258	1100	24	basis	basis	NOUN
cjal-3258	1100	25	for	for	ADP
cjal-3258	1100	26	the	the	DET
cjal-3258	1100	27	payment	payment	NOUN
cjal-3258	1100	28	of	of	ADP
cjal-3258	1100	29	compensation	compensation	NOUN
cjal-3258	1100	30	by	by	ADP
cjal-3258	1100	31	non	non	ADJ
cjal-3258	1100	32	-	-	ADJ
cjal-3258	1100	33	tradable	tradable	ADJ
cjal-3258	1100	34	shareholders	shareholder	NOUN
cjal-3258	1100	35	to	to	PART
cjal-3258	1100	36	tradable	tradable	ADJ
cjal-3258	1100	37	shareholders	shareholder	NOUN
cjal-3258	1100	38	.	.	PUNCT
cjal-3258	1101	1	this	this	PRON
cjal-3258	1101	2	reflects	reflect	VERB
cjal-3258	1101	3	the	the	DET
cjal-3258	1101	4	difficulty	difficulty	NOUN
cjal-3258	1101	5	in	in	ADP
cjal-3258	1101	6	maintaining	maintain	VERB
cjal-3258	1101	7	a	a	DET
cjal-3258	1101	8	strict	strict	ADJ
cjal-3258	1101	9	public	public	ADJ
cjal-3258	1101	10	-	-	PUNCT
cjal-3258	1101	11	private	private	ADJ
cjal-3258	1101	12	dichotomy	dichotomy	NOUN
cjal-3258	1101	13	.	.	PUNCT
cjal-3258	1102	1	nonetheless	nonetheless	ADV
cjal-3258	1102	2	,	,	PUNCT
cjal-3258	1102	3	352	352	NUM
cjal-3258	1102	4	[	[	X
cjal-3258	1102	5	20:1	20:1	NUM
cjal-3258	1102	6	regula	regula	NOUN
cjal-3258	1102	7	tory	tory	NOUN
cjal-3258	1102	8	givings	giving	NOUN
cjal-3258	1102	9	in	in	ADP
cjal-3258	1102	10	china	china	PROPN
cjal-3258	1102	11	the	the	DET
cjal-3258	1102	12	givings	giving	NOUN
cjal-3258	1102	13	doctrine	doctrine	NOUN
cjal-3258	1102	14	born	bear	VERB
cjal-3258	1102	15	only	only	ADV
cjal-3258	1102	16	recently	recently	ADV
cjal-3258	1102	17	on	on	ADP
cjal-3258	1102	18	the	the	DET
cjal-3258	1102	19	other	other	ADJ
cjal-3258	1102	20	side	side	NOUN
cjal-3258	1102	21	of	of	ADP
cjal-3258	1102	22	the	the	DET
cjal-3258	1102	23	pacific	pacific	PROPN
cjal-3258	1102	24	ocean	ocean	PROPN
cjal-3258	1102	25	provides	provide	VERB
cjal-3258	1102	26	doctrinal	doctrinal	ADJ
cjal-3258	1102	27	support	support	NOUN
cjal-3258	1102	28	for	for	ADP
cjal-3258	1102	29	china	china	PROPN
cjal-3258	1102	30	's	's	PART
cjal-3258	1102	31	reform	reform	NOUN
cjal-3258	1102	32	.	.	PUNCT
cjal-3258	1103	1	yet	yet	ADV
cjal-3258	1103	2	,	,	PUNCT
cjal-3258	1103	3	the	the	DET
cjal-3258	1103	4	reform	reform	NOUN
cjal-3258	1103	5	itself	itself	PRON
cjal-3258	1103	6	demonstrates	demonstrate	VERB
cjal-3258	1103	7	a	a	DET
cjal-3258	1103	8	new	new	ADJ
cjal-3258	1103	9	type	type	NOUN
cjal-3258	1103	10	of	of	ADP
cjal-3258	1103	11	givings	giving	NOUN
cjal-3258	1103	12	and	and	CCONJ
cjal-3258	1103	13	also	also	ADV
cjal-3258	1103	14	provides	provide	VERB
cjal-3258	1103	15	important	important	ADJ
cjal-3258	1103	16	lessons	lesson	NOUN
cjal-3258	1103	17	and	and	CCONJ
cjal-3258	1103	18	guidance	guidance	NOUN
cjal-3258	1103	19	in	in	ADP
cjal-3258	1103	20	the	the	DET
cjal-3258	1103	21	charging	charging	NOUN
cjal-3258	1103	22	of	of	ADP
cjal-3258	1103	23	givings	giving	NOUN
cjal-3258	1103	24	.	.	PUNCT
cjal-3258	1104	1	a.	a.	NOUN
cjal-3258	1104	2	givings	giving	NOUN
cjal-3258	1104	3	subject	subject	ADJ
cjal-3258	1104	4	to	to	ADP
cjal-3258	1104	5	a	a	DET
cjal-3258	1104	6	condition	condition	NOUN
cjal-3258	1104	7	precedent	precedent	NOUN
cjal-3258	1104	8	there	there	PRON
cjal-3258	1104	9	are	be	VERB
cjal-3258	1104	10	two	two	NUM
cjal-3258	1104	11	ways	way	NOUN
cjal-3258	1104	12	of	of	ADP
cjal-3258	1104	13	analyzing	analyze	VERB
cjal-3258	1104	14	the	the	DET
cjal-3258	1104	15	nature	nature	NOUN
cjal-3258	1104	16	of	of	ADP
cjal-3258	1104	17	the	the	DET
cjal-3258	1104	18	givings	giving	NOUN
cjal-3258	1104	19	doctrine	doctrine	NOUN
cjal-3258	1104	20	in	in	ADP
cjal-3258	1104	21	the	the	DET
cjal-3258	1104	22	implemented	implement	VERB
cjal-3258	1104	23	chinese	chinese	ADJ
cjal-3258	1104	24	reform	reform	NOUN
cjal-3258	1104	25	.	.	PUNCT
cjal-3258	1105	1	both	both	DET
cjal-3258	1105	2	approaches	approach	NOUN
cjal-3258	1105	3	represent	represent	VERB
cjal-3258	1105	4	significant	significant	ADJ
cjal-3258	1105	5	departures	departure	NOUN
cjal-3258	1105	6	from	from	ADP
cjal-3258	1105	7	the	the	DET
cjal-3258	1105	8	givings	giving	NOUN
cjal-3258	1105	9	doctrine	doctrine	NOUN
cjal-3258	1105	10	originally	originally	ADV
cjal-3258	1105	11	proposed	propose	VERB
cjal-3258	1105	12	by	by	ADP
cjal-3258	1105	13	bell	bell	PROPN
cjal-3258	1105	14	&	&	CCONJ
cjal-3258	1105	15	parchomovsky	parchomovsky	PROPN
cjal-3258	1105	16	.	.	PUNCT
cjal-3258	1106	1	one	one	NUM
cjal-3258	1106	2	view	view	NOUN
cjal-3258	1106	3	is	be	AUX
cjal-3258	1106	4	to	to	PART
cjal-3258	1106	5	see	see	VERB
cjal-3258	1106	6	the	the	DET
cjal-3258	1106	7	givings	giving	NOUN
cjal-3258	1106	8	doctrine	doctrine	VERB
cjal-3258	1106	9	as	as	ADP
cjal-3258	1106	10	providing	provide	VERB
cjal-3258	1106	11	tradable	tradable	ADJ
cjal-3258	1106	12	shareholders	shareholder	NOUN
cjal-3258	1106	13	a	a	DET
cjal-3258	1106	14	right	right	NOUN
cjal-3258	1106	15	to	to	ADP
cjal-3258	1106	16	compensation	compensation	NOUN
cjal-3258	1106	17	from	from	ADP
cjal-3258	1106	18	the	the	DET
cjal-3258	1106	19	nontradable	nontradable	ADJ
cjal-3258	1106	20	shareholders	shareholder	NOUN
cjal-3258	1106	21	for	for	ADP
cjal-3258	1106	22	the	the	DET
cjal-3258	1106	23	lifting	lifting	NOUN
cjal-3258	1106	24	of	of	ADP
cjal-3258	1106	25	trade	trade	NOUN
cjal-3258	1106	26	restrictions	restriction	NOUN
cjal-3258	1106	27	.	.	PUNCT
cjal-3258	1107	1	the	the	DET
cjal-3258	1107	2	privatized	privatized	ADJ
cjal-3258	1107	3	bargaining	bargaining	NOUN
cjal-3258	1107	4	mechanism	mechanism	NOUN
cjal-3258	1107	5	utilizes	utilize	VERB
cjal-3258	1107	6	the	the	DET
cjal-3258	1107	7	property	property	NOUN
cjal-3258	1107	8	rule	rule	NOUN
cjal-3258	1107	9	,	,	PUNCT
cjal-3258	1107	10	as	as	SCONJ
cjal-3258	1107	11	opposed	oppose	VERB
cjal-3258	1107	12	to	to	ADP
cjal-3258	1107	13	the	the	DET
cjal-3258	1107	14	liability	liability	NOUN
cjal-3258	1107	15	rule	rule	NOUN
cjal-3258	1107	16	,	,	PUNCT
cjal-3258	1107	17	to	to	PART
cjal-3258	1107	18	protect	protect	VERB
cjal-3258	1107	19	this	this	DET
cjal-3258	1107	20	right	right	NOUN
cjal-3258	1107	21	to	to	ADP
cjal-3258	1107	22	compensation	compensation	NOUN
cjal-3258	1107	23	.	.	PUNCT
cjal-3258	1108	1	bell	bell	NOUN
cjal-3258	1108	2	and	and	CCONJ
cjal-3258	1108	3	parchomovsky	parchomovsky	NOUN
cjal-3258	1108	4	did	do	AUX
cjal-3258	1108	5	not	not	PART
cjal-3258	1108	6	envision	envision	VERB
cjal-3258	1108	7	this	this	DET
cjal-3258	1108	8	reliance	reliance	NOUN
cjal-3258	1108	9	on	on	ADP
cjal-3258	1108	10	the	the	DET
cjal-3258	1108	11	property	property	NOUN
cjal-3258	1108	12	.	.	PUNCT
cjal-3258	1109	1	while	while	SCONJ
cjal-3258	1109	2	they	they	PRON
cjal-3258	1109	3	did	do	AUX
cjal-3258	1109	4	suggest	suggest	VERB
cjal-3258	1109	5	that	that	SCONJ
cjal-3258	1109	6	the	the	DET
cjal-3258	1109	7	charge	charge	NOUN
cjal-3258	1109	8	should	should	AUX
cjal-3258	1109	9	be	be	AUX
cjal-3258	1109	10	made	make	VERB
cjal-3258	1109	11	directly	directly	ADV
cjal-3258	1109	12	between	between	ADP
cjal-3258	1109	13	the	the	DET
cjal-3258	1109	14	parties	party	NOUN
cjal-3258	1109	15	,	,	PUNCT
cjal-3258	1109	16	258	258	NUM
cjal-3258	1109	17	it	it	PRON
cjal-3258	1109	18	is	be	AUX
cjal-3258	1109	19	ironic	ironic	ADJ
cjal-3258	1109	20	that	that	SCONJ
cjal-3258	1109	21	they	they	PRON
cjal-3258	1109	22	only	only	ADV
cjal-3258	1109	23	provided	provide	VERB
cjal-3258	1109	24	the	the	DET
cjal-3258	1109	25	example	example	NOUN
cjal-3258	1109	26	of	of	ADP
cjal-3258	1109	27	government	government	NOUN
cjal-3258	1109	28	-	-	PUNCT
cjal-3258	1109	29	mediated	mediate	VERB
cjal-3258	1109	30	private	private	ADJ
cjal-3258	1109	31	takings	taking	NOUN
cjal-3258	1109	32	.	.	PUNCT
cjal-3258	1110	1	259	259	NUM
cjal-3258	1110	2	private	private	ADJ
cjal-3258	1110	3	takings	taking	NOUN
cjal-3258	1110	4	necessarily	necessarily	ADV
cjal-3258	1110	5	involve	involve	VERB
cjal-3258	1110	6	government	government	NOUN
cjal-3258	1110	7	intermediaries	intermediary	NOUN
cjal-3258	1110	8	,	,	PUNCT
cjal-3258	1110	9	260	260	NUM
cjal-3258	1110	10	running	run	VERB
cjal-3258	1110	11	contrary	contrary	ADV
cjal-3258	1110	12	to	to	ADP
cjal-3258	1110	13	their	their	PRON
cjal-3258	1110	14	claim	claim	NOUN
cjal-3258	1110	15	of	of	ADP
cjal-3258	1110	16	transaction	transaction	NOUN
cjal-3258	1110	17	costs	cost	NOUN
cjal-3258	1110	18	saving	save	VERB
cjal-3258	1110	19	through	through	ADP
cjal-3258	1110	20	doing	do	VERB
cjal-3258	1110	21	away	away	ADV
cjal-3258	1110	22	with	with	ADP
cjal-3258	1110	23	the	the	DET
cjal-3258	1110	24	"	"	PUNCT
cjal-3258	1110	25	largely	largely	ADV
cjal-3258	1110	26	unnecessary	unnecessary	ADJ
cjal-3258	1110	27	intermediary	intermediary	ADJ
cjal-3258	1110	28	role	role	NOUN
cjal-3258	1110	29	of	of	ADP
cjal-3258	1110	30	the	the	DET
cjal-3258	1110	31	government	government	NOUN
cjal-3258	1110	32	.	.	PUNCT
cjal-3258	1111	1	,	,	PUNCT
cjal-3258	1111	2	26	26	NUM
cjal-3258	1111	3	1	1	NUM
cjal-3258	1111	4	even	even	ADV
cjal-3258	1111	5	the	the	DET
cjal-3258	1111	6	suggested	suggest	VERB
cjal-3258	1111	7	use	use	NOUN
cjal-3258	1111	8	of	of	ADP
cjal-3258	1111	9	"	"	PUNCT
cjal-3258	1111	10	self	self	NOUN
cjal-3258	1111	11	-	-	PUNCT
cjal-3258	1111	12	assessment	assessment	NOUN
cjal-3258	1111	13	"	"	PUNCT
cjal-3258	1111	14	to	to	PART
cjal-3258	1111	15	reduce	reduce	VERB
cjal-3258	1111	16	administrative	administrative	ADJ
cjal-3258	1111	17	costs	cost	NOUN
cjal-3258	1111	18	is	be	AUX
cjal-3258	1111	19	confined	confine	VERB
cjal-3258	1111	20	to	to	ADP
cjal-3258	1111	21	assessments	assessment	NOUN
cjal-3258	1111	22	of	of	ADP
cjal-3258	1111	23	the	the	DET
cjal-3258	1111	24	charge	charge	NOUN
cjal-3258	1111	25	and	and	CCONJ
cjal-3258	1111	26	not	not	PART
cjal-3258	1111	27	intended	intend	VERB
cjal-3258	1111	28	to	to	PART
cjal-3258	1111	29	operate	operate	VERB
cjal-3258	1111	30	where	where	SCONJ
cjal-3258	1111	31	givings	giving	NOUN
cjal-3258	1111	32	beneficiaries	beneficiary	NOUN
cjal-3258	1111	33	make	make	VERB
cjal-3258	1111	34	payments	payment	NOUN
cjal-3258	1111	35	directly	directly	ADV
cjal-3258	1111	36	to	to	ADP
cjal-3258	1111	37	takings	taking	NOUN
cjal-3258	1111	38	victims	victim	NOUN
cjal-3258	1111	39	.	.	PUNCT
cjal-3258	1112	1	262	262	NUM
cjal-3258	1112	2	indeed	indeed	ADV
cjal-3258	1112	3	,	,	PUNCT
cjal-3258	1112	4	reading	read	VERB
cjal-3258	1112	5	the	the	DET
cjal-3258	1112	6	article	article	NOUN
cjal-3258	1112	7	as	as	ADP
cjal-3258	1112	8	a	a	DET
cjal-3258	1112	9	whole	whole	NOUN
cjal-3258	1112	10	,	,	PUNCT
cjal-3258	1112	11	it	it	PRON
cjal-3258	1112	12	appears	appear	VERB
cjal-3258	1112	13	that	that	SCONJ
cjal-3258	1112	14	when	when	SCONJ
cjal-3258	1112	15	they	they	PRON
cjal-3258	1112	16	proposed	propose	VERB
cjal-3258	1112	17	direct	direct	ADJ
cjal-3258	1112	18	payment	payment	NOUN
cjal-3258	1112	19	from	from	ADP
cjal-3258	1112	20	givings	giving	NOUN
cjal-3258	1112	21	beneficiaries	beneficiary	NOUN
cjal-3258	1112	22	to	to	ADP
cjal-3258	1112	23	takings	taking	NOUN
cjal-3258	1112	24	victims	victim	NOUN
cjal-3258	1112	25	,	,	PUNCT
cjal-3258	1112	26	they	they	PRON
cjal-3258	1112	27	were	be	AUX
cjal-3258	1112	28	only	only	ADV
cjal-3258	1112	29	referring	refer	VERB
cjal-3258	1112	30	to	to	ADP
cjal-3258	1112	31	the	the	DET
cjal-3258	1112	32	act	act	NOUN
cjal-3258	1112	33	of	of	ADP
cjal-3258	1112	34	payment	payment	NOUN
cjal-3258	1112	35	.	.	PUNCT
cjal-3258	1113	1	this	this	PRON
cjal-3258	1113	2	is	be	AUX
cjal-3258	1113	3	rather	rather	ADV
cjal-3258	1113	4	surprising	surprising	ADJ
cjal-3258	1113	5	since	since	SCONJ
cjal-3258	1113	6	the	the	DET
cjal-3258	1113	7	efficiency	efficiency	NOUN
cjal-3258	1113	8	and	and	CCONJ
cjal-3258	1113	9	corrective	corrective	ADJ
cjal-3258	1113	10	justice	justice	NOUN
cjal-3258	1113	11	benefits	benefit	NOUN
cjal-3258	1113	12	to	to	PART
cjal-3258	1113	13	which	which	PRON
cjal-3258	1113	14	they	they	PRON
cjal-3258	1113	15	alluded	allude	VERB
cjal-3258	1113	16	are	be	AUX
cjal-3258	1113	17	actually	actually	ADV
cjal-3258	1113	18	more	more	ADV
cjal-3258	1113	19	effectively	effectively	ADV
cjal-3258	1113	20	upheld	uphold	VERB
cjal-3258	1113	21	by	by	ADP
cjal-3258	1113	22	the	the	DET
cjal-3258	1113	23	mechanism	mechanism	NOUN
cjal-3258	1113	24	of	of	ADP
cjal-3258	1113	25	chinese	chinese	ADJ
cjal-3258	1113	26	privatized	privatized	ADJ
cjal-3258	1113	27	bargaining	bargaining	NOUN
cjal-3258	1113	28	,	,	PUNCT
cjal-3258	1113	29	a	a	DET
cjal-3258	1113	30	classic	classic	ADJ
cjal-3258	1113	31	property	property	NOUN
cjal-3258	1113	32	rule	rule	NOUN
cjal-3258	1113	33	protection	protection	NOUN
cjal-3258	1113	34	.	.	PUNCT
cjal-3258	1114	1	the	the	DET
cjal-3258	1114	2	intermediary	intermediary	ADJ
cjal-3258	1114	3	role	role	NOUN
cjal-3258	1114	4	of	of	ADP
cjal-3258	1114	5	the	the	DET
cjal-3258	1114	6	government	government	NOUN
cjal-3258	1114	7	is	be	AUX
cjal-3258	1114	8	largely	largely	ADV
cjal-3258	1114	9	secondary	secondary	ADJ
cjal-3258	1114	10	,	,	PUNCT
cjal-3258	1114	11	even	even	ADV
cjal-3258	1114	12	under	under	ADP
cjal-3258	1114	13	our	our	PRON
cjal-3258	1114	14	recommendations	recommendation	NOUN
cjal-3258	1114	15	which	which	PRON
cjal-3258	1114	16	propose	propose	VERB
cjal-3258	1114	17	some	some	DET
cjal-3258	1114	18	government	government	NOUN
cjal-3258	1114	19	intervention	intervention	NOUN
cjal-3258	1114	20	into	into	ADP
cjal-3258	1114	21	the	the	DET
cjal-3258	1114	22	privatized	privatized	ADJ
cjal-3258	1114	23	bargaining	bargaining	NOUN
cjal-3258	1114	24	process	process	NOUN
cjal-3258	1114	25	.	.	PUNCT
cjal-3258	1115	1	similarly	similarly	ADV
cjal-3258	1115	2	,	,	PUNCT
cjal-3258	1115	3	the	the	DET
cjal-3258	1115	4	258	258	NUM
cjal-3258	1115	5	bell	bell	NOUN
cjal-3258	1115	6	&	&	CCONJ
cjal-3258	1115	7	parchomovsky	parchomovsky	PROPN
cjal-3258	1115	8	,	,	PUNCT
cjal-3258	1115	9	givings	giving	NOUN
cjal-3258	1115	10	,	,	PUNCT
cjal-3258	1115	11	supra	supra	PROPN
cjal-3258	1115	12	note	note	NOUN
cjal-3258	1115	13	6	6	NUM
cjal-3258	1115	14	,	,	PUNCT
cjal-3258	1115	15	at	at	ADP
cjal-3258	1115	16	601	601	NUM
cjal-3258	1115	17	.	.	PUNCT
cjal-3258	1116	1	259	259	NUM
cjal-3258	1117	1	i	i	PRON
cjal-3258	1117	2	d.	d.	VERB
cjal-3258	1117	3	at	at	ADP
cjal-3258	1117	4	599	599	NUM
cjal-3258	1117	5	-	-	SYM
cjal-3258	1117	6	600	600	NUM
cjal-3258	1117	7	.	.	NOUN
cjal-3258	1117	8	260	260	NUM
cjal-3258	1117	9	private	private	ADJ
cjal-3258	1117	10	taking	taking	NOUN
cjal-3258	1117	11	is	be	AUX
cjal-3258	1117	12	a	a	DET
cjal-3258	1117	13	liability	liability	NOUN
cjal-3258	1117	14	-	-	PUNCT
cjal-3258	1117	15	rule	rule	NOUN
cjal-3258	1117	16	protection	protection	NOUN
cjal-3258	1117	17	,	,	PUNCT
cjal-3258	1117	18	i	i	PRON
cjal-3258	1117	19	d.	d.	VERB
cjal-3258	1117	20	at	at	ADP
cjal-3258	1117	21	600	600	NUM
cjal-3258	1117	22	,	,	PUNCT
cjal-3258	1117	23	which	which	PRON
cjal-3258	1117	24	by	by	ADP
cjal-3258	1117	25	implication	implication	NOUN
cjal-3258	1117	26	requires	require	VERB
cjal-3258	1117	27	a	a	DET
cjal-3258	1117	28	third	third	ADJ
cjal-3258	1117	29	parties	party	NOUN
cjal-3258	1117	30	'	'	PART
cjal-3258	1117	31	objective	objective	ADJ
cjal-3258	1117	32	determination	determination	NOUN
cjal-3258	1117	33	of	of	ADP
cjal-3258	1117	34	the	the	DET
cjal-3258	1117	35	property	property	NOUN
cjal-3258	1117	36	value	value	NOUN
cjal-3258	1117	37	.	.	PUNCT
cjal-3258	1118	1	see	see	VERB
cjal-3258	1118	2	also	also	ADV
cjal-3258	1118	3	charles	charles	PROPN
cjal-3258	1118	4	e.	e.	PROPN
cjal-3258	1118	5	cohen	cohen	PROPN
cjal-3258	1118	6	,	,	PUNCT
cjal-3258	1118	7	eminent	eminent	ADJ
cjal-3258	1118	8	domain	domain	NOUN
cjal-3258	1118	9	after	after	ADP
cjal-3258	1118	10	kelo	kelo	PROPN
cjal-3258	1118	11	v.	v.	ADP
cjal-3258	1118	12	city	city	PROPN
cjal-3258	1118	13	of	of	ADP
cjal-3258	1118	14	new	new	ADJ
cjal-3258	1118	15	london	london	PROPN
cjal-3258	1118	16	:	:	PUNCT
cjal-3258	1118	17	an	an	DET
cjal-3258	1118	18	argument	argument	NOUN
cjal-3258	1118	19	jbr	jbr	PROPN
cjal-3258	1118	20	banning	ban	VERB
cjal-3258	1118	21	economic	economic	ADJ
cjal-3258	1118	22	development	development	NOUN
cjal-3258	1118	23	takings	taking	NOUN
cjal-3258	1118	24	,	,	PUNCT
cjal-3258	1118	25	29	29	NUM
cjal-3258	1118	26	harv	harv	NOUN
cjal-3258	1118	27	.	.	PUNCT
cjal-3258	1119	1	j.l	j.l	PROPN
cjal-3258	1119	2	.	.	PROPN
cjal-3258	1119	3	&	&	CCONJ
cjal-3258	1119	4	pub	pub	NOUN
cjal-3258	1119	5	.	.	PUNCT
cjal-3258	1120	1	pol'y	pol'y	NOUN
cjal-3258	1120	2	491	491	NUM
cjal-3258	1120	3	,	,	PUNCT
cjal-3258	1120	4	535	535	NUM
cjal-3258	1120	5	-	-	SYM
cjal-3258	1120	6	536	536	NUM
cjal-3258	1120	7	(	(	PUNCT
cjal-3258	1120	8	2006	2006	NUM
cjal-3258	1120	9	)	)	PUNCT
cjal-3258	1120	10	.	.	PUNCT
cjal-3258	1121	1	261	261	NUM
cjal-3258	1121	2	bell	bell	PROPN
cjal-3258	1121	3	&	&	CCONJ
cjal-3258	1121	4	parchomovsky	parchomovsky	PROPN
cjal-3258	1121	5	,	,	PUNCT
cjal-3258	1121	6	givings	giving	NOUN
cjal-3258	1121	7	,	,	PUNCT
cjal-3258	1121	8	supra	supra	PROPN
cjal-3258	1121	9	note	note	NOUN
cjal-3258	1121	10	6	6	NUM
cjal-3258	1121	11	,	,	PUNCT
cjal-3258	1121	12	at	at	ADP
cjal-3258	1121	13	600	600	NUM
cjal-3258	1121	14	.	.	PUNCT
cjal-3258	1122	1	262	262	NUM
cjal-3258	1122	2	i	i	PRON
cjal-3258	1122	3	d.	d.	PROPN
cjal-3258	1122	4	at	at	ADP
cjal-3258	1122	5	607	607	NUM
cjal-3258	1122	6	.	.	PUNCT
cjal-3258	1123	1	20061	20061	NUM
cjal-3258	1123	2	columbia	columbia	PROPN
cjal-3258	1123	3	journal	journal	PROPN
cjal-3258	1123	4	of	of	ADP
cjal-3258	1123	5	asian	asian	ADJ
cjal-3258	1123	6	law	law	NOUN
cjal-3258	1123	7	chinese	chinese	ADJ
cjal-3258	1123	8	privatized	privatized	ADJ
cjal-3258	1123	9	bargaining	bargaining	NOUN
cjal-3258	1123	10	mechanism	mechanism	NOUN
cjal-3258	1123	11	places	place	VERB
cjal-3258	1123	12	both	both	CCONJ
cjal-3258	1123	13	the	the	DET
cjal-3258	1123	14	payment	payment	NOUN
cjal-3258	1123	15	and	and	CCONJ
cjal-3258	1123	16	the	the	DET
cjal-3258	1123	17	assessment	assessment	NOUN
cjal-3258	1123	18	of	of	ADP
cjal-3258	1123	19	the	the	DET
cjal-3258	1123	20	charge	charge	NOUN
cjal-3258	1123	21	directly	directly	ADV
cjal-3258	1123	22	into	into	ADP
cjal-3258	1123	23	the	the	DET
cjal-3258	1123	24	hands	hand	NOUN
cjal-3258	1123	25	of	of	ADP
cjal-3258	1123	26	the	the	DET
cjal-3258	1123	27	relevant	relevant	ADJ
cjal-3258	1123	28	parties	party	NOUN
cjal-3258	1123	29	.	.	PUNCT
cjal-3258	1124	1	this	this	PRON
cjal-3258	1124	2	more	more	ADV
cjal-3258	1124	3	closely	closely	ADV
cjal-3258	1124	4	adheres	adhere	VERB
cjal-3258	1124	5	to	to	ADP
cjal-3258	1124	6	the	the	DET
cjal-3258	1124	7	spirit	spirit	NOUN
cjal-3258	1124	8	of	of	ADP
cjal-3258	1124	9	corrective	corrective	ADJ
cjal-3258	1124	10	justice.263	justice.263	NOUN
cjal-3258	1124	11	the	the	DET
cjal-3258	1124	12	risks	risk	NOUN
cjal-3258	1124	13	of	of	ADP
cjal-3258	1124	14	under	under	NOUN
cjal-3258	1124	15	-	-	PUNCT
cjal-3258	1124	16	compensation	compensation	NOUN
cjal-3258	1124	17	commonly	commonly	ADV
cjal-3258	1124	18	associated	associate	VERB
cjal-3258	1124	19	with	with	ADP
cjal-3258	1124	20	private	private	ADJ
cjal-3258	1124	21	takings	taking	NOUN
cjal-3258	1124	22	264	264	NUM
cjal-3258	1124	23	are	be	AUX
cjal-3258	1124	24	also	also	ADV
cjal-3258	1124	25	adequately	adequately	ADV
cjal-3258	1124	26	dealt	deal	VERB
cjal-3258	1124	27	with	with	ADP
cjal-3258	1124	28	by	by	ADP
cjal-3258	1124	29	the	the	DET
cjal-3258	1124	30	granting	granting	NOUN
cjal-3258	1124	31	of	of	ADP
cjal-3258	1124	32	veto	veto	NOUN
cjal-3258	1124	33	rights	right	NOUN
cjal-3258	1124	34	to	to	AUX
cjal-3258	1124	35	tradable	tradable	ADJ
cjal-3258	1124	36	shareholders	shareholder	NOUN
cjal-3258	1124	37	.	.	PUNCT
cjal-3258	1125	1	the	the	DET
cjal-3258	1125	2	utilization	utilization	NOUN
cjal-3258	1125	3	of	of	ADP
cjal-3258	1125	4	property	property	NOUN
cjal-3258	1125	5	rule	rule	NOUN
cjal-3258	1125	6	protection	protection	NOUN
cjal-3258	1125	7	under	under	ADP
cjal-3258	1125	8	the	the	DET
cjal-3258	1125	9	privatized	privatized	ADJ
cjal-3258	1125	10	bargaining	bargaining	NOUN
cjal-3258	1125	11	process	process	NOUN
cjal-3258	1125	12	in	in	ADP
cjal-3258	1125	13	chinese	chinese	ADJ
cjal-3258	1125	14	reform	reform	NOUN
cjal-3258	1125	15	demonstrates	demonstrate	VERB
cjal-3258	1125	16	a	a	DET
cjal-3258	1125	17	novel	novel	ADJ
cjal-3258	1125	18	and	and	CCONJ
cjal-3258	1125	19	effective	effective	ADJ
cjal-3258	1125	20	manner	manner	NOUN
cjal-3258	1125	21	of	of	ADP
cjal-3258	1125	22	charging	charge	VERB
cjal-3258	1125	23	the	the	DET
cjal-3258	1125	24	givings	giving	NOUN
cjal-3258	1125	25	.	.	PUNCT
cjal-3258	1126	1	yet	yet	CCONJ
cjal-3258	1126	2	the	the	DET
cjal-3258	1126	3	concept	concept	NOUN
cjal-3258	1126	4	of	of	ADP
cjal-3258	1126	5	property	property	NOUN
cjal-3258	1126	6	rule	rule	NOUN
cjal-3258	1126	7	protection	protection	NOUN
cjal-3258	1126	8	is	be	AUX
cjal-3258	1126	9	considered	consider	VERB
cjal-3258	1126	10	the	the	DET
cjal-3258	1126	11	antithesis	antithesis	NOUN
cjal-3258	1126	12	of	of	ADP
cjal-3258	1126	13	government	government	NOUN
cjal-3258	1126	14	takings	taking	NOUN
cjal-3258	1126	15	in	in	ADP
cjal-3258	1126	16	the	the	DET
cjal-3258	1126	17	first	first	ADJ
cjal-3258	1126	18	place	place	NOUN
cjal-3258	1126	19	.	.	PUNCT
cjal-3258	1127	1	the	the	DET
cjal-3258	1127	2	basic	basic	ADJ
cjal-3258	1127	3	premise	premise	NOUN
cjal-3258	1127	4	of	of	ADP
cjal-3258	1127	5	government	government	NOUN
cjal-3258	1127	6	takings	taking	NOUN
cjal-3258	1127	7	is	be	AUX
cjal-3258	1127	8	that	that	SCONJ
cjal-3258	1127	9	it	it	PRON
cjal-3258	1127	10	does	do	AUX
cjal-3258	1127	11	so	so	ADV
cjal-3258	1127	12	-by	-by	PUNCT
cjal-3258	1127	13	paying	pay	VERB
cjal-3258	1127	14	compensation	compensation	NOUN
cjal-3258	1127	15	assessed	assess	VERB
cjal-3258	1127	16	by	by	ADP
cjal-3258	1127	17	the	the	DET
cjal-3258	1127	18	courts	court	NOUN
cjal-3258	1127	19	,	,	PUNCT
cjal-3258	1127	20	a	a	DET
cjal-3258	1127	21	classic	classic	ADJ
cjal-3258	1127	22	liability	liability	NOUN
cjal-3258	1127	23	rule	rule	NOUN
cjal-3258	1127	24	protection	protection	NOUN
cjal-3258	1127	25	.	.	PUNCT
cjal-3258	1128	1	the	the	DET
cjal-3258	1128	2	granting	granting	NOUN
cjal-3258	1128	3	of	of	ADP
cjal-3258	1128	4	veto	veto	NOUN
cjal-3258	1128	5	power	power	NOUN
cjal-3258	1128	6	to	to	ADP
cjal-3258	1128	7	the	the	DET
cjal-3258	1128	8	tradable	tradable	ADJ
cjal-3258	1128	9	shareholders	shareholder	NOUN
cjal-3258	1128	10	in	in	ADP
cjal-3258	1128	11	the	the	DET
cjal-3258	1128	12	privatized	privatized	ADJ
cjal-3258	1128	13	bargaining	bargaining	NOUN
cjal-3258	1128	14	process	process	NOUN
cjal-3258	1128	15	before	before	SCONJ
cjal-3258	1128	16	the	the	DET
cjal-3258	1128	17	giving	giving	NOUN
cjal-3258	1128	18	takes	take	VERB
cjal-3258	1128	19	place	place	NOUN
cjal-3258	1128	20	can	can	AUX
cjal-3258	1128	21	be	be	AUX
cjal-3258	1128	22	seen	see	VERB
cjal-3258	1128	23	not	not	PART
cjal-3258	1128	24	only	only	ADV
cjal-3258	1128	25	as	as	ADP
cjal-3258	1128	26	property	property	NOUN
cjal-3258	1128	27	rule	rule	NOUN
cjal-3258	1128	28	protection	protection	NOUN
cjal-3258	1128	29	for	for	ADP
cjal-3258	1128	30	the	the	DET
cjal-3258	1128	31	right	right	NOUN
cjal-3258	1128	32	to	to	ADP
cjal-3258	1128	33	compensation	compensation	NOUN
cjal-3258	1128	34	,	,	PUNCT
cjal-3258	1128	35	but	but	CCONJ
cjal-3258	1128	36	also	also	ADV
cjal-3258	1128	37	as	as	ADP
cjal-3258	1128	38	a	a	DET
cjal-3258	1128	39	giving	giving	NOUN
cjal-3258	1128	40	of	of	ADP
cjal-3258	1128	41	a	a	DET
cjal-3258	1128	42	different	different	ADJ
cjal-3258	1128	43	nature	nature	NOUN
cjal-3258	1128	44	.	.	PUNCT
cjal-3258	1129	1	this	this	DET
cjal-3258	1129	2	other	other	ADJ
cjal-3258	1129	3	view	view	NOUN
cjal-3258	1129	4	of	of	ADP
cjal-3258	1129	5	the	the	DET
cjal-3258	1129	6	givings	giving	NOUN
cjal-3258	1129	7	doctrine	doctrine	NOUN
cjal-3258	1129	8	in	in	ADP
cjal-3258	1129	9	the	the	DET
cjal-3258	1129	10	chinese	chinese	PROPN
cjal-3258	1129	11	implemented	implement	VERB
cjal-3258	1129	12	reform	reform	NOUN
cjal-3258	1129	13	focuses	focus	VERB
cjal-3258	1129	14	on	on	ADP
cjal-3258	1129	15	this	this	DET
cjal-3258	1129	16	condition	condition	NOUN
cjal-3258	1129	17	precedent	precedent	NOUN
cjal-3258	1129	18	of	of	ADP
cjal-3258	1129	19	the	the	DET
cjal-3258	1129	20	government	government	NOUN
cjal-3258	1129	21	's	's	PART
cjal-3258	1129	22	givings.265	givings.265	NOUN
cjal-3258	1129	23	unlike	unlike	ADP
cjal-3258	1129	24	the	the	DET
cjal-3258	1129	25	charging	charging	NOUN
cjal-3258	1129	26	of	of	ADP
cjal-3258	1129	27	givings	giving	NOUN
cjal-3258	1129	28	proposed	propose	VERB
cjal-3258	1129	29	by	by	ADP
cjal-3258	1129	30	bell	bell	NOUN
cjal-3258	1129	31	and	and	CCONJ
cjal-3258	1129	32	parchomovsky	parchomovsky	PROPN
cjal-3258	1129	33	,	,	PUNCT
cjal-3258	1129	34	which	which	PRON
cjal-3258	1129	35	requires	require	VERB
cjal-3258	1129	36	the	the	DET
cjal-3258	1129	37	beneficiaries	beneficiary	NOUN
cjal-3258	1129	38	of	of	ADP
cjal-3258	1129	39	the	the	DET
cjal-3258	1129	40	giving	giving	NOUN
cjal-3258	1129	41	to	to	PART
cjal-3258	1129	42	pay	pay	VERB
cjal-3258	1129	43	the	the	DET
cjal-3258	1129	44	charge	charge	NOUN
cjal-3258	1129	45	before	before	ADP
cjal-3258	1129	46	the	the	DET
cjal-3258	1129	47	acceptance	acceptance	NOUN
cjal-3258	1129	48	of	of	ADP
cjal-3258	1129	49	the	the	DET
cjal-3258	1129	50	benefits	benefit	NOUN
cjal-3258	1129	51	,	,	PUNCT
cjal-3258	1129	52	china	china	PROPN
cjal-3258	1129	53	's	's	PART
cjal-3258	1129	54	reform	reform	NOUN
cjal-3258	1129	55	requires	require	VERB
cjal-3258	1129	56	as	as	ADP
cjal-3258	1129	57	a	a	DET
cjal-3258	1129	58	pre	pre	NOUN
cjal-3258	1129	59	-	-	NOUN
cjal-3258	1129	60	condition	condition	NOUN
cjal-3258	1129	61	that	that	SCONJ
cjal-3258	1129	62	non	non	ADJ
cjal-3258	1129	63	-	-	ADJ
cjal-3258	1129	64	tradable	tradable	ADJ
cjal-3258	1129	65	shareholders	shareholder	NOUN
cjal-3258	1129	66	obtain	obtain	VERB
cjal-3258	1129	67	the	the	DET
cjal-3258	1129	68	consent	consent	NOUN
cjal-3258	1129	69	of	of	ADP
cjal-3258	1129	70	the	the	DET
cjal-3258	1129	71	tradable	tradable	ADJ
cjal-3258	1129	72	shareholders	shareholder	NOUN
cjal-3258	1129	73	before	before	SCONJ
cjal-3258	1129	74	the	the	DET
cjal-3258	1129	75	regulatory	regulatory	ADJ
cjal-3258	1129	76	authorities	authority	NOUN
cjal-3258	1129	77	lift	lift	VERB
cjal-3258	1129	78	the	the	DET
cjal-3258	1129	79	trading	trading	NOUN
cjal-3258	1129	80	restrictions	restriction	NOUN
cjal-3258	1129	81	.	.	PUNCT
cjal-3258	1130	1	in	in	ADP
cjal-3258	1130	2	essence	essence	NOUN
cjal-3258	1130	3	,	,	PUNCT
cjal-3258	1130	4	the	the	DET
cjal-3258	1130	5	chinese	chinese	PROPN
cjal-3258	1130	6	implemented	implement	VERB
cjal-3258	1130	7	reform	reform	NOUN
cjal-3258	1130	8	represents	represent	VERB
cjal-3258	1130	9	a	a	DET
cjal-3258	1130	10	conditional	conditional	ADJ
cjal-3258	1130	11	giving	giving	NOUN
cjal-3258	1130	12	.	.	PUNCT
cjal-3258	1131	1	this	this	DET
cjal-3258	1131	2	aspect	aspect	NOUN
cjal-3258	1131	3	of	of	ADP
cjal-3258	1131	4	china	china	PROPN
cjal-3258	1131	5	's	's	PART
cjal-3258	1131	6	reform	reform	NOUN
cjal-3258	1131	7	is	be	AUX
cjal-3258	1131	8	a	a	DET
cjal-3258	1131	9	particularly	particularly	ADV
cjal-3258	1131	10	interesting	interesting	ADJ
cjal-3258	1131	11	variation	variation	NOUN
cjal-3258	1131	12	of	of	ADP
cjal-3258	1131	13	the	the	DET
cjal-3258	1131	14	givings	giving	NOUN
cjal-3258	1131	15	doctrine	doctrine	NOUN
cjal-3258	1131	16	,	,	PUNCT
cjal-3258	1131	17	given	give	VERB
cjal-3258	1131	18	that	that	SCONJ
cjal-3258	1131	19	the	the	DET
cjal-3258	1131	20	condition	condition	NOUN
cjal-3258	1131	21	is	be	AUX
cjal-3258	1131	22	the	the	DET
cjal-3258	1131	23	success	success	NOUN
cjal-3258	1131	24	of	of	ADP
cjal-3258	1131	25	private	private	ADJ
cjal-3258	1131	26	bargaining	bargaining	NOUN
cjal-3258	1131	27	.	.	PUNCT
cjal-3258	1132	1	echoing	echo	VERB
cjal-3258	1132	2	the	the	DET
cjal-3258	1132	3	aforementioned	aforementioned	ADJ
cjal-3258	1132	4	observations	observation	NOUN
cjal-3258	1132	5	about	about	ADP
cjal-3258	1132	6	the	the	DET
cjal-3258	1132	7	blurring	blurring	NOUN
cjal-3258	1132	8	of	of	ADP
cjal-3258	1132	9	the	the	DET
cjal-3258	1132	10	public	public	ADJ
cjal-3258	1132	11	-	-	PUNCT
cjal-3258	1132	12	private	private	ADJ
cjal-3258	1132	13	distinction	distinction	NOUN
cjal-3258	1132	14	,	,	PUNCT
cjal-3258	1132	15	266	266	NUM
cjal-3258	1132	16	this	this	DET
cjal-3258	1132	17	incorporation	incorporation	NOUN
cjal-3258	1132	18	of	of	ADP
cjal-3258	1132	19	the	the	DET
cjal-3258	1132	20	private	private	ADJ
cjal-3258	1132	21	bargaining	bargaining	NOUN
cjal-3258	1132	22	condition	condition	NOUN
cjal-3258	1132	23	infuses	infuse	VERB
cjal-3258	1132	24	an	an	DET
cjal-3258	1132	25	element	element	NOUN
cjal-3258	1132	26	of	of	ADP
cjal-3258	1132	27	private	private	ADJ
cjal-3258	1132	28	law	law	NOUN
cjal-3258	1132	29	into	into	ADP
cjal-3258	1132	30	the	the	DET
cjal-3258	1132	31	essentially	essentially	ADV
cjal-3258	1132	32	public	public	ADJ
cjal-3258	1132	33	nature	nature	NOUN
cjal-3258	1132	34	of	of	ADP
cjal-3258	1132	35	the	the	DET
cjal-3258	1132	36	original	original	ADJ
cjal-3258	1132	37	givings	giving	NOUN
cjal-3258	1132	38	doctrine	doctrine	NOUN
cjal-3258	1132	39	..	..	PUNCT
cjal-3258	1133	1	this	this	PRON
cjal-3258	1133	2	is	be	AUX
cjal-3258	1133	3	certainly	certainly	ADV
cjal-3258	1133	4	a	a	DET
cjal-3258	1133	5	meritorious	meritorious	ADJ
cjal-3258	1133	6	and	and	CCONJ
cjal-3258	1133	7	welcome	welcome	ADJ
cjal-3258	1133	8	development	development	NOUN
cjal-3258	1133	9	,	,	PUNCT
cjal-3258	1133	10	and	and	CCONJ
cjal-3258	1133	11	our	our	PRON
cjal-3258	1133	12	economic	economic	ADJ
cjal-3258	1133	13	analysis	analysis	NOUN
cjal-3258	1133	14	has	have	AUX
cjal-3258	1133	15	affirmed	affirm	VERB
cjal-3258	1133	16	the	the	DET
cjal-3258	1133	17	merits	merit	NOUN
cjal-3258	1133	18	of	of	ADP
cjal-3258	1133	19	this	this	DET
cjal-3258	1133	20	arrangement.267	arrangement.267	NOUN
cjal-3258	1133	21	the	the	DET
cjal-3258	1133	22	purposes	purpose	NOUN
cjal-3258	1133	23	of	of	ADP
cjal-3258	1133	24	china	china	PROPN
cjal-3258	1133	25	's	's	PART
cjal-3258	1133	26	reform	reform	NOUN
cjal-3258	1133	27	,	,	PUNCT
cjal-3258	1133	28	including	include	VERB
cjal-3258	1133	29	enhancing	enhance	VERB
cjal-3258	1133	30	respect	respect	NOUN
cjal-3258	1133	31	for	for	ADP
cjal-3258	1133	32	market	market	NOUN
cjal-3258	1133	33	order	order	NOUN
cjal-3258	1133	34	,	,	PUNCT
cjal-3258	1133	35	promoting	promote	VERB
cjal-3258	1133	36	the	the	DET
cjal-3258	1133	37	market	market	NOUN
cjal-3258	1133	38	's	's	PART
cjal-3258	1133	39	stability	stability	NOUN
cjal-3258	1133	40	and	and	CCONJ
cjal-3258	1133	41	development	development	NOUN
cjal-3258	1133	42	,	,	PUNCT
cjal-3258	1133	43	and	and	CCONJ
cjal-3258	1133	44	safeguarding	safeguard	VERB
cjal-3258	1133	45	investors	investor	NOUN
cjal-3258	1133	46	'	'	PART
cjal-3258	1133	47	legal	legal	ADJ
cjal-3258	1133	48	263	263	NUM
cjal-3258	1133	49	i	i	PRON
cjal-3258	1133	50	d.	d.	PROPN
cjal-3258	1133	51	at	at	ADP
cjal-3258	1133	52	600	600	NUM
cjal-3258	1133	53	(	(	PUNCT
cjal-3258	1133	54	"	"	PUNCT
cjal-3258	1133	55	corrective	corrective	ADJ
cjal-3258	1133	56	justice	justice	NOUN
cjal-3258	1133	57	requires	require	VERB
cjal-3258	1133	58	that	that	SCONJ
cjal-3258	1133	59	individuals	individual	NOUN
cjal-3258	1133	60	who	who	PRON
cjal-3258	1133	61	wrong	wrong	VERB
cjal-3258	1133	62	others	other	NOUN
cjal-3258	1133	63	compensate	compensate	VERB
cjal-3258	1133	64	the	the	DET
cjal-3258	1133	65	victims	victim	NOUN
cjal-3258	1133	66	for	for	ADP
cjal-3258	1133	67	their	their	PRON
cjal-3258	1133	68	losses	loss	NOUN
cjal-3258	1133	69	"	"	PUNCT
cjal-3258	1133	70	)	)	PUNCT
cjal-3258	1133	71	.	.	PUNCT
cjal-3258	1134	1	264	264	NUM
cjal-3258	1134	2	cohen	cohen	NOUN
cjal-3258	1134	3	,	,	PUNCT
cjal-3258	1134	4	supra	supra	PROPN
cjal-3258	1134	5	note	note	PROPN
cjal-3258	1134	6	260	260	NUM
cjal-3258	1134	7	,	,	PUNCT
cjal-3258	1134	8	at	at	ADP
cjal-3258	1134	9	537	537	NUM
cjal-3258	1134	10	(	(	PUNCT
cjal-3258	1134	11	referring	refer	VERB
cjal-3258	1134	12	to	to	ADP
cjal-3258	1134	13	eminent	eminent	ADJ
cjal-3258	1134	14	domain	domain	NOUN
cjal-3258	1134	15	practices	practice	NOUN
cjal-3258	1134	16	which	which	PRON
cjal-3258	1134	17	the	the	DET
cjal-3258	1134	18	author	author	NOUN
cjal-3258	1134	19	explicitly	explicitly	ADV
cjal-3258	1134	20	stated	state	VERB
cjal-3258	1134	21	at	at	ADP
cjal-3258	1134	22	533	533	NUM
cjal-3258	1134	23	to	to	PART
cjal-3258	1134	24	include	include	VERB
cjal-3258	1134	25	both	both	PRON
cjal-3258	1134	26	true	true	ADJ
cjal-3258	1134	27	public	public	ADJ
cjal-3258	1134	28	takings	taking	NOUN
cjal-3258	1134	29	and	and	CCONJ
cjal-3258	1134	30	private	private	ADJ
cjal-3258	1134	31	takings	taking	NOUN
cjal-3258	1134	32	)	)	PUNCT
cjal-3258	1134	33	.	.	PUNCT
cjal-3258	1135	1	265	265	NUM
cjal-3258	1135	2	givings	giving	NOUN
cjal-3258	1135	3	here	here	ADV
cjal-3258	1135	4	is	be	AUX
cjal-3258	1135	5	in	in	ADP
cjal-3258	1135	6	the	the	DET
cjal-3258	1135	7	form	form	NOUN
cjal-3258	1135	8	of	of	ADP
cjal-3258	1135	9	lifting	lift	VERB
cjal-3258	1135	10	trading	trading	NOUN
cjal-3258	1135	11	restrictions	restriction	NOUN
cjal-3258	1135	12	,	,	PUNCT
cjal-3258	1135	13	akin	akin	ADJ
cjal-3258	1135	14	to	to	ADP
cjal-3258	1135	15	up	up	ADP
cjal-3258	1135	16	-	-	PUNCT
cjal-3258	1135	17	zoning	zoning	NOUN
cjal-3258	1135	18	.	.	PUNCT
cjal-3258	1136	1	266	266	NUM
cjal-3258	1136	2	see	see	VERB
cjal-3258	1136	3	supra	supra	ADJ
cjal-3258	1136	4	part	part	NOUN
cjal-3258	1136	5	11i.c	11i.c	NUM
cjal-3258	1136	6	.	.	PUNCT
cjal-3258	1137	1	267	267	NUM
cjal-3258	1137	2	see	see	VERB
cjal-3258	1137	3	supra	supra	PROPN
cjal-3258	1137	4	part	part	NOUN
cjal-3258	1137	5	v.	v.	ADP
cjal-3258	1137	6	354	354	NUM
cjal-3258	1137	7	[	[	X
cjal-3258	1137	8	20:1	20:1	NUM
cjal-3258	1137	9	regulatory	regulatory	ADJ
cjal-3258	1137	10	givings	giving	NOUN
cjal-3258	1137	11	in	in	ADP
cjal-3258	1137	12	china	china	PROPN
cjal-3258	1137	13	rights	right	NOUN
cjal-3258	1137	14	,	,	PUNCT
cjal-3258	1137	15	268	268	NUM
cjal-3258	1137	16	are	be	AUX
cjal-3258	1137	17	also	also	ADV
cjal-3258	1137	18	better	well	ADV
cjal-3258	1137	19	served	serve	VERB
cjal-3258	1137	20	by	by	ADP
cjal-3258	1137	21	adopting	adopt	VERB
cjal-3258	1137	22	a	a	DET
cjal-3258	1137	23	more	more	ADV
cjal-3258	1137	24	innovative	innovative	ADJ
cjal-3258	1137	25	and	and	CCONJ
cjal-3258	1137	26	flexible	flexible	ADJ
cjal-3258	1137	27	combination	combination	NOUN
cjal-3258	1137	28	of	of	ADP
cjal-3258	1137	29	the	the	DET
cjal-3258	1137	30	remedies	remedy	NOUN
cjal-3258	1137	31	from	from	ADP
cjal-3258	1137	32	the	the	DET
cjal-3258	1137	33	arenas	arena	NOUN
cjal-3258	1137	34	of	of	ADP
cjal-3258	1137	35	both	both	CCONJ
cjal-3258	1137	36	public	public	ADJ
cjal-3258	1137	37	and	and	CCONJ
cjal-3258	1137	38	private	private	ADJ
cjal-3258	1137	39	law	law	NOUN
cjal-3258	1137	40	.	.	PUNCT
cjal-3258	1138	1	b.	b.	PROPN
cjal-3258	1138	2	implications	implication	NOUN
cjal-3258	1138	3	for	for	ADP
cjal-3258	1138	4	the	the	DET
cjal-3258	1138	5	charging	charging	NOUN
cjal-3258	1138	6	of	of	ADP
cjal-3258	1138	7	givings	giving	NOUN
cjal-3258	1138	8	the	the	DET
cjal-3258	1138	9	economic	economic	ADJ
cjal-3258	1138	10	analysis	analysis	NOUN
cjal-3258	1138	11	of	of	ADP
cjal-3258	1138	12	the	the	DET
cjal-3258	1138	13	chinese	chinese	PROPN
cjal-3258	1138	14	implemented	implement	VERB
cjal-3258	1138	15	reform	reform	NOUN
cjal-3258	1138	16	underscores	underscore	VERB
cjal-3258	1138	17	the	the	DET
cjal-3258	1138	18	deficiencies	deficiency	NOUN
cjal-3258	1138	19	of	of	ADP
cjal-3258	1138	20	a	a	DET
cjal-3258	1138	21	rigid	rigid	ADJ
cjal-3258	1138	22	entitlement	entitlement	NOUN
cjal-3258	1138	23	protection	protection	NOUN
cjal-3258	1138	24	rule	rule	NOUN
cjal-3258	1138	25	.	.	PUNCT
cjal-3258	1139	1	strict	strict	ADJ
cjal-3258	1139	2	property	property	NOUN
cjal-3258	1139	3	rule	rule	NOUN
cjal-3258	1139	4	protection	protection	NOUN
cjal-3258	1139	5	without	without	ADP
cjal-3258	1139	6	the	the	DET
cjal-3258	1139	7	implemented	implement	VERB
cjal-3258	1139	8	reform	reform	NOUN
cjal-3258	1139	9	requirements	requirement	NOUN
cjal-3258	1139	10	of	of	ADP
cjal-3258	1139	11	regulatory	regulatory	ADJ
cjal-3258	1139	12	approval	approval	NOUN
cjal-3258	1139	13	and	and	CCONJ
cjal-3258	1139	14	the	the	DET
cjal-3258	1139	15	two	two	NUM
cjal-3258	1139	16	-	-	PUNCT
cjal-3258	1139	17	third	third	NOUN
cjal-3258	1139	18	majority	majority	NOUN
cjal-3258	1139	19	would	would	AUX
cjal-3258	1139	20	have	have	AUX
cjal-3258	1139	21	resulted	result	VERB
cjal-3258	1139	22	in	in	ADP
cjal-3258	1139	23	significant	significant	ADJ
cjal-3258	1139	24	risks	risk	NOUN
cjal-3258	1139	25	of	of	ADP
cjal-3258	1139	26	over	over	ADP
cjal-3258	1139	27	-	-	PUNCT
cjal-3258	1139	28	compensation	compensation	NOUN
cjal-3258	1139	29	and	and	CCONJ
cjal-3258	1139	30	holding	hold	VERB
cjal-3258	1139	31	out	out	ADP
cjal-3258	1139	32	.	.	PUNCT
cjal-3258	1140	1	the	the	DET
cjal-3258	1140	2	reform	reform	NOUN
cjal-3258	1140	3	risks	risk	NOUN
cjal-3258	1140	4	we	we	PRON
cjal-3258	1140	5	have	have	AUX
cjal-3258	1140	6	identified	identify	VERB
cjal-3258	1140	7	and	and	CCONJ
cjal-3258	1140	8	the	the	DET
cjal-3258	1140	9	recommendations	recommendation	NOUN
cjal-3258	1140	10	we	we	PRON
cjal-3258	1140	11	have	have	AUX
cjal-3258	1140	12	proposed	propose	VERB
cjal-3258	1140	13	further	far	ADV
cjal-3258	1140	14	emphasize	emphasize	VERB
cjal-3258	1140	15	the	the	DET
cjal-3258	1140	16	merits	merit	NOUN
cjal-3258	1140	17	of	of	ADP
cjal-3258	1140	18	a	a	DET
cjal-3258	1140	19	composite	composite	ADJ
cjal-3258	1140	20	entitlement	entitlement	NOUN
cjal-3258	1140	21	protection	protection	NOUN
cjal-3258	1140	22	rule	rule	NOUN
cjal-3258	1140	23	in	in	ADP
cjal-3258	1140	24	dealing	deal	VERB
cjal-3258	1140	25	with	with	ADP
cjal-3258	1140	26	the	the	DET
cjal-3258	1140	27	real	real	ADJ
cjal-3258	1140	28	world	world	NOUN
cjal-3258	1140	29	,	,	PUNCT
cjal-3258	1140	30	which	which	PRON
cjal-3258	1140	31	is	be	AUX
cjal-3258	1140	32	far	far	ADV
cjal-3258	1140	33	more	more	ADV
cjal-3258	1140	34	complex	complex	ADJ
cjal-3258	1140	35	than	than	ADP
cjal-3258	1140	36	the	the	DET
cjal-3258	1140	37	hypothetical	hypothetical	ADJ
cjal-3258	1140	38	world	world	NOUN
cjal-3258	1140	39	of	of	ADP
cjal-3258	1140	40	economic	economic	ADJ
cjal-3258	1140	41	models	model	NOUN
cjal-3258	1140	42	.	.	PUNCT
cjal-3258	1141	1	this	this	PRON
cjal-3258	1141	2	is	be	AUX
cjal-3258	1141	3	particularly	particularly	ADV
cjal-3258	1141	4	relevant	relevant	ADJ
cjal-3258	1141	5	in	in	ADP
cjal-3258	1141	6	determining	determine	VERB
cjal-3258	1141	7	the	the	DET
cjal-3258	1141	8	manner	manner	NOUN
cjal-3258	1141	9	of	of	ADP
cjal-3258	1141	10	charging	charge	VERB
cjal-3258	1141	11	the	the	DET
cjal-3258	1141	12	givings	giving	NOUN
cjal-3258	1141	13	.	.	PUNCT
cjal-3258	1142	1	when	when	SCONJ
cjal-3258	1142	2	faced	face	VERB
cjal-3258	1142	3	with	with	ADP
cjal-3258	1142	4	charging	charge	VERB
cjal-3258	1142	5	for	for	ADP
cjal-3258	1142	6	givings	giving	NOUN
cjal-3258	1142	7	in	in	ADP
cjal-3258	1142	8	the	the	DET
cjal-3258	1142	9	future	future	NOUN
cjal-3258	1142	10	,	,	PUNCT
cjal-3258	1142	11	government	government	NOUN
cjal-3258	1142	12	authorities	authority	NOUN
cjal-3258	1142	13	should	should	AUX
cjal-3258	1142	14	be	be	AUX
cjal-3258	1142	15	wary	wary	ADJ
cjal-3258	1142	16	of	of	ADP
cjal-3258	1142	17	the	the	DET
cjal-3258	1142	18	limitations	limitation	NOUN
cjal-3258	1142	19	in	in	ADP
cjal-3258	1142	20	traditional	traditional	ADJ
cjal-3258	1142	21	entitlement	entitlement	NOUN
cjal-3258	1142	22	protection	protection	NOUN
cjal-3258	1142	23	rules	rule	NOUN
cjal-3258	1142	24	and	and	CCONJ
cjal-3258	1142	25	be	be	AUX
cjal-3258	1142	26	open	open	ADJ
cjal-3258	1142	27	to	to	ADP
cjal-3258	1142	28	innovative	innovative	ADJ
cjal-3258	1142	29	measures	measure	NOUN
cjal-3258	1142	30	that	that	PRON
cjal-3258	1142	31	are	be	AUX
cjal-3258	1142	32	more	more	ADV
cjal-3258	1142	33	suited	suited	ADJ
cjal-3258	1142	34	to	to	ADP
cjal-3258	1142	35	individual	individual	ADJ
cjal-3258	1142	36	circumstances	circumstance	NOUN
cjal-3258	1142	37	.	.	PUNCT
cjal-3258	1143	1	this	this	PRON
cjal-3258	1143	2	may	may	AUX
cjal-3258	1143	3	even	even	ADV
cjal-3258	1143	4	sometimes	sometimes	ADV
cjal-3258	1143	5	involve	involve	VERB
cjal-3258	1143	6	the	the	DET
cjal-3258	1143	7	creation	creation	NOUN
cjal-3258	1143	8	of	of	ADP
cjal-3258	1143	9	new	new	ADJ
cjal-3258	1143	10	entitlement	entitlement	NOUN
cjal-3258	1143	11	protection	protection	NOUN
cjal-3258	1143	12	rules	rule	NOUN
cjal-3258	1143	13	,	,	PUNCT
cjal-3258	1143	14	such	such	ADJ
cjal-3258	1143	15	as	as	ADP
cjal-3258	1143	16	a	a	DET
cjal-3258	1143	17	property	property	NOUN
cjal-3258	1143	18	rule	rule	NOUN
cjal-3258	1143	19	with	with	ADP
cjal-3258	1143	20	a	a	DET
cjal-3258	1143	21	built	build	VERB
cjal-3258	1143	22	-	-	PUNCT
cjal-3258	1143	23	in	in	ADP
cjal-3258	1143	24	mechanism	mechanism	NOUN
cjal-3258	1143	25	that	that	PRON
cjal-3258	1143	26	switches	switch	VERB
cjal-3258	1143	27	to	to	ADP
cjal-3258	1143	28	liability	liability	NOUN
cjal-3258	1143	29	rule	rule	NOUN
cjal-3258	1143	30	when	when	SCONJ
cjal-3258	1143	31	high	high	ADJ
cjal-3258	1143	32	transaction	transaction	NOUN
cjal-3258	1143	33	costs	cost	NOUN
cjal-3258	1143	34	impede	impede	VERB
cjal-3258	1143	35	the	the	DET
cjal-3258	1143	36	operation	operation	NOUN
cjal-3258	1143	37	of	of	ADP
cjal-3258	1143	38	property	property	NOUN
cjal-3258	1143	39	rule,269	rule,269	PROPN
cjal-3258	1143	40	or	or	CCONJ
cjal-3258	1143	41	a	a	DET
cjal-3258	1143	42	qualified	qualified	ADJ
cjal-3258	1143	43	property	property	NOUN
cjal-3258	1143	44	rule	rule	NOUN
cjal-3258	1143	45	where	where	SCONJ
cjal-3258	1143	46	the	the	DET
cjal-3258	1143	47	exercise	exercise	NOUN
cjal-3258	1143	48	of	of	ADP
cjal-3258	1143	49	property	property	NOUN
cjal-3258	1143	50	rights	right	NOUN
cjal-3258	1143	51	is	be	AUX
cjal-3258	1143	52	subjected	subject	VERB
cjal-3258	1143	53	to	to	ADP
cjal-3258	1143	54	certain	certain	ADJ
cjal-3258	1143	55	perimeters	perimeter	NOUN
cjal-3258	1143	56	and	and	CCONJ
cjal-3258	1143	57	guidelines	guideline	NOUN
cjal-3258	1143	58	.	.	PUNCT
cjal-3258	1144	1	70	70	NUM
cjal-3258	1144	2	another	another	DET
cjal-3258	1144	3	significant	significant	ADJ
cjal-3258	1144	4	aspect	aspect	NOUN
cjal-3258	1144	5	of	of	ADP
cjal-3258	1144	6	the	the	DET
cjal-3258	1144	7	chinese	chinese	ADJ
cjal-3258	1144	8	reform	reform	NOUN
cjal-3258	1144	9	,	,	PUNCT
cjal-3258	1144	10	especially	especially	ADV
cjal-3258	1144	11	in	in	ADP
cjal-3258	1144	12	the	the	DET
cjal-3258	1144	13	context	context	NOUN
cjal-3258	1144	14	of	of	ADP
cjal-3258	1144	15	the	the	DET
cjal-3258	1144	16	u.s	u.s	PROPN
cjal-3258	1144	17	.	.	PROPN
cjal-3258	1144	18	takings	taking	NOUN
cjal-3258	1144	19	doctrine	doctrine	NOUN
cjal-3258	1144	20	,	,	PUNCT
cjal-3258	1144	21	is	be	AUX
cjal-3258	1144	22	the	the	DET
cjal-3258	1144	23	chinese	chinese	ADJ
cjal-3258	1144	24	recognition	recognition	NOUN
cjal-3258	1144	25	of	of	ADP
cjal-3258	1144	26	the	the	DET
cjal-3258	1144	27	right	right	NOUN
cjal-3258	1144	28	to	to	ADP
cjal-3258	1144	29	compensation	compensation	NOUN
cjal-3258	1144	30	in	in	ADP
cjal-3258	1144	31	the	the	DET
cjal-3258	1144	32	context	context	NOUN
cjal-3258	1144	33	of	of	ADP
cjal-3258	1144	34	derivative	derivative	ADJ
cjal-3258	1144	35	takings	taking	NOUN
cjal-3258	1144	36	.	.	PUNCT
cjal-3258	1145	1	tradable	tradable	ADJ
cjal-3258	1145	2	shareholders	shareholder	NOUN
cjal-3258	1145	3	are	be	AUX
cjal-3258	1145	4	victims	victim	NOUN
cjal-3258	1145	5	of	of	ADP
cjal-3258	1145	6	derivative	derivative	ADJ
cjal-3258	1145	7	takings	taking	NOUN
cjal-3258	1145	8	when	when	SCONJ
cjal-3258	1145	9	trading	trading	NOUN
cjal-3258	1145	10	restrictions	restriction	NOUN
cjal-3258	1145	11	on	on	ADP
cjal-3258	1145	12	the	the	DET
cjal-3258	1145	13	non	non	ADJ
cjal-3258	1145	14	-	-	ADJ
cjal-3258	1145	15	tradable	tradable	ADJ
cjal-3258	1145	16	shares	share	NOUN
cjal-3258	1145	17	are	be	AUX
cjal-3258	1145	18	lifted	lift	VERB
cjal-3258	1145	19	.	.	PUNCT
cjal-3258	1146	1	they	they	PRON
cjal-3258	1146	2	do	do	AUX
cjal-3258	1146	3	not	not	PART
cjal-3258	1146	4	have	have	VERB
cjal-3258	1146	5	any	any	DET
cjal-3258	1146	6	right	right	NOUN
cjal-3258	1146	7	to	to	ADP
cjal-3258	1146	8	271compensation	271compensation	PROPN
cjal-3258	1146	9	,	,	PUNCT
cjal-3258	1146	10	even	even	ADV
cjal-3258	1146	11	,	,	PUNCT
cjal-3258	1146	12	under	under	ADP
cjal-3258	1146	13	the	the	DET
cjal-3258	1146	14	more	more	ADV
cjal-3258	1146	15	developed	develop	VERB
cjal-3258	1146	16	u.s	u.s	PROPN
cjal-3258	1146	17	.	.	PROPN
cjal-3258	1146	18	takings	taking	NOUN
cjal-3258	1146	19	doctrine	doctrine	NOUN
cjal-3258	1146	20	.	.	PUNCT
cjal-3258	1147	1	yet	yet	ADV
cjal-3258	1147	2	under	under	ADP
cjal-3258	1147	3	the	the	DET
cjal-3258	1147	4	various	various	ADJ
cjal-3258	1147	5	regulations	regulation	NOUN
cjal-3258	1147	6	related	relate	VERB
cjal-3258	1147	7	to	to	ADP
cjal-3258	1147	8	the	the	DET
cjal-3258	1147	9	chinese	chinese	ADJ
cjal-3258	1147	10	reform	reform	NOUN
cjal-3258	1147	11	,	,	PUNCT
cjal-3258	1147	12	the	the	DET
cjal-3258	1147	13	tradable	tradable	ADJ
cjal-3258	1147	14	shareholders	shareholder	NOUN
cjal-3258	1147	15	not	not	PART
cjal-3258	1147	16	only	only	ADV
cjal-3258	1147	17	have	have	VERB
cjal-3258	1147	18	the	the	DET
cjal-3258	1147	19	right	right	NOUN
cjal-3258	1147	20	to	to	ADP
cjal-3258	1147	21	compensation	compensation	NOUN
cjal-3258	1147	22	but	but	CCONJ
cjal-3258	1147	23	are	be	AUX
cjal-3258	1147	24	also	also	ADV
cjal-3258	1147	25	able	able	ADJ
cjal-3258	1147	26	to	to	PART
cjal-3258	1147	27	veto	veto	VERB
cjal-3258	1147	28	if	if	SCONJ
cjal-3258	1147	29	they	they	PRON
cjal-3258	1147	30	are	be	AUX
cjal-3258	1147	31	not	not	PART
cjal-3258	1147	32	satisfied	satisfied	ADJ
cjal-3258	1147	33	with	with	ADP
cjal-3258	1147	34	the	the	DET
cjal-3258	1147	35	compensation	compensation	NOUN
cjal-3258	1147	36	.	.	PUNCT
cjal-3258	1148	1	the	the	DET
cjal-3258	1148	2	rhetoric	rhetoric	NOUN
cjal-3258	1148	3	of	of	ADP
cjal-3258	1148	4	the	the	DET
cjal-3258	1148	5	reform	reform	NOUN
cjal-3258	1148	6	did	do	AUX
cjal-3258	1148	7	not	not	PART
cjal-3258	1148	8	suggest	suggest	VERB
cjal-3258	1148	9	that	that	SCONJ
cjal-3258	1148	10	doctrinal	doctrinal	ADJ
cjal-3258	1148	11	significance	significance	NOUN
cjal-3258	1148	12	of	of	ADP
cjal-3258	1148	13	derivative	derivative	ADJ
cjal-3258	1148	14	takings	taking	NOUN
cjal-3258	1148	15	was	be	AUX
cjal-3258	1148	16	an	an	DET
cjal-3258	1148	17	important	important	ADJ
cjal-3258	1148	18	consideration	consideration	NOUN
cjal-3258	1148	19	to	to	ADP
cjal-3258	1148	20	the	the	DET
cjal-3258	1148	21	chinese	chinese	ADJ
cjal-3258	1148	22	regulatory	regulatory	ADJ
cjal-3258	1148	23	authorities	authority	NOUN
cjal-3258	1148	24	.	.	PUNCT
cjal-3258	1149	1	moreover	moreover	ADV
cjal-3258	1149	2	,	,	PUNCT
cjal-3258	1149	3	we	we	PRON
cjal-3258	1149	4	do	do	AUX
cjal-3258	1149	5	not	not	PART
cjal-3258	1149	6	suggest	suggest	VERB
cjal-3258	1149	7	that	that	SCONJ
cjal-3258	1149	8	compensation	compensation	NOUN
cjal-3258	1149	9	under	under	ADP
cjal-3258	1149	10	derivative	derivative	ADJ
cjal-3258	1149	11	takings	taking	NOUN
cjal-3258	1149	12	is	be	AUX
cjal-3258	1149	13	now	now	ADV
cjal-3258	1149	14	part	part	NOUN
cjal-3258	1149	15	of	of	ADP
cjal-3258	1149	16	the	the	DET
cjal-3258	1149	17	chinese	chinese	ADJ
cjal-3258	1149	18	law	law	NOUN
cjal-3258	1149	19	.	.	PUNCT
cjal-3258	1150	1	nonetheless	nonetheless	ADV
cjal-3258	1150	2	,	,	PUNCT
cjal-3258	1150	3	we	we	PRON
cjal-3258	1150	4	268	268	NUM
cjal-3258	1150	5	guiding	guide	VERB
cjal-3258	1150	6	opinions	opinion	NOUN
cjal-3258	1150	7	,	,	PUNCT
cjal-3258	1150	8	supra	supra	PROPN
cjal-3258	1150	9	note	note	NOUN
cjal-3258	1150	10	23	23	NUM
cjal-3258	1150	11	,	,	PUNCT
cjal-3258	1150	12	6	6	NUM
cjal-3258	1150	13	.	.	NOUN
cjal-3258	1150	14	269	269	NUM
cjal-3258	1150	15	see	see	VERB
cjal-3258	1150	16	supra	supra	PROPN
cjal-3258	1150	17	part	part	NOUN
cjal-3258	1150	18	vi.b	vi.b	X
cjal-3258	1150	19	.	.	PROPN
cjal-3258	1151	1	1	1	NUM
cjal-3258	1151	2	.	.	X
cjal-3258	1151	3	270	270	NUM
cjal-3258	1151	4	see	see	VERB
cjal-3258	1151	5	supra	supra	PROPN
cjal-3258	1151	6	part	part	PROPN
cjal-3258	1151	7	vi.b.2	vi.b.2	PROPN
cjal-3258	1151	8	.	.	PUNCT
cjal-3258	1152	1	271	271	NUM
cjal-3258	1152	2	see	see	VERB
cjal-3258	1152	3	supra	supra	PROPN
cjal-3258	1152	4	part	part	PROPN
cjal-3258	1152	5	iii.b.3	iii.b.3	PROPN
cjal-3258	1152	6	.	.	PROPN
cjal-3258	1152	7	20061	20061	NUM
cjal-3258	1152	8	355	355	NUM
cjal-3258	1152	9	columbia	columbia	PROPN
cjal-3258	1152	10	journal	journal	NOUN
cjal-3258	1152	11	of	of	ADP
cjal-3258	1152	12	asian	asian	ADJ
cjal-3258	1152	13	law	law	NOUN
cjal-3258	1152	14	believe	believe	VERB
cjal-3258	1152	15	that	that	SCONJ
cjal-3258	1152	16	china	china	PROPN
cjal-3258	1152	17	's	's	PART
cjal-3258	1152	18	reform	reform	NOUN
cjal-3258	1152	19	sets	set	VERB
cjal-3258	1152	20	an	an	DET
cjal-3258	1152	21	illustrative	illustrative	ADJ
cjal-3258	1152	22	precedent	precedent	NOUN
cjal-3258	1152	23	for	for	ADP
cjal-3258	1152	24	compensation	compensation	NOUN
cjal-3258	1152	25	in	in	ADP
cjal-3258	1152	26	derivative	derivative	ADJ
cjal-3258	1152	27	takings	taking	NOUN
cjal-3258	1152	28	that	that	PRON
cjal-3258	1152	29	will	will	AUX
cjal-3258	1152	30	have	have	VERB
cjal-3258	1152	31	practical	practical	ADJ
cjal-3258	1152	32	implications	implication	NOUN
cjal-3258	1152	33	and	and	CCONJ
cjal-3258	1152	34	influence	influence	NOUN
cjal-3258	1152	35	on	on	ADP
cjal-3258	1152	36	future	future	ADJ
cjal-3258	1152	37	chinese	chinese	ADJ
cjal-3258	1152	38	reforms	reform	NOUN
cjal-3258	1152	39	.	.	PUNCT
cjal-3258	1153	1	272	272	NUM
cjal-3258	1153	2	this	this	PRON
cjal-3258	1153	3	also	also	ADV
cjal-3258	1153	4	provides	provide	VERB
cjal-3258	1153	5	useful	useful	ADJ
cjal-3258	1153	6	guidance	guidance	NOUN
cjal-3258	1153	7	to	to	ADP
cjal-3258	1153	8	the	the	DET
cjal-3258	1153	9	u.s	u.s	PROPN
cjal-3258	1153	10	.	.	PROPN
cjal-3258	1153	11	takings	taking	NOUN
cjal-3258	1153	12	doctrine	doctrine	NOUN
cjal-3258	1153	13	,	,	PUNCT
cjal-3258	1153	14	where	where	SCONJ
cjal-3258	1153	15	the	the	DET
cjal-3258	1153	16	current	current	ADJ
cjal-3258	1153	17	law	law	NOUN
cjal-3258	1153	18	fails	fail	VERB
cjal-3258	1153	19	to	to	PART
cjal-3258	1153	20	deal	deal	VERB
cjal-3258	1153	21	with	with	ADP
cjal-3258	1153	22	the	the	DET
cjal-3258	1153	23	unfairness	unfairness	NOUN
cjal-3258	1153	24	and	and	CCONJ
cjal-3258	1153	25	inefficiency	inefficiency	NOUN
cjal-3258	1153	26	of	of	ADP
cjal-3258	1153	27	uncompensated	uncompensated	ADJ
cjal-3258	1153	28	derivative	derivative	ADJ
cjal-3258	1153	29	takings.273	takings.273	NOUN
cjal-3258	1153	30	in	in	ADP
cjal-3258	1153	31	conclusion	conclusion	NOUN
cjal-3258	1153	32	,	,	PUNCT
cjal-3258	1153	33	the	the	DET
cjal-3258	1153	34	chinese	chinese	ADJ
cjal-3258	1153	35	split	split	VERB
cjal-3258	1153	36	share	share	NOUN
cjal-3258	1153	37	structure	structure	NOUN
cjal-3258	1153	38	reform	reform	NOUN
cjal-3258	1153	39	has	have	AUX
cjal-3258	1153	40	been	be	AUX
cjal-3258	1153	41	a	a	DET
cjal-3258	1153	42	fruitful	fruitful	ADJ
cjal-3258	1153	43	application	application	NOUN
cjal-3258	1153	44	of	of	ADP
cjal-3258	1153	45	the	the	DET
cjal-3258	1153	46	givings	giving	NOUN
cjal-3258	1153	47	doctrine	doctrine	NOUN
cjal-3258	1153	48	.	.	PUNCT
cjal-3258	1154	1	the	the	DET
cjal-3258	1154	2	chinese	chinese	ADJ
cjal-3258	1154	3	innovation	innovation	NOUN
cjal-3258	1154	4	of	of	ADP
cjal-3258	1154	5	using	use	VERB
cjal-3258	1154	6	privatized	privatized	ADJ
cjal-3258	1154	7	bargaining	bargaining	NOUN
cjal-3258	1154	8	mechanism	mechanism	NOUN
cjal-3258	1154	9	provides	provide	VERB
cjal-3258	1154	10	a	a	DET
cjal-3258	1154	11	practical	practical	ADJ
cjal-3258	1154	12	alternative	alternative	ADJ
cjal-3258	1154	13	manner	manner	NOUN
cjal-3258	1154	14	of	of	ADP
cjal-3258	1154	15	charging	charge	VERB
cjal-3258	1154	16	givings	giving	NOUN
cjal-3258	1154	17	aside	aside	ADV
cjal-3258	1154	18	from	from	ADP
cjal-3258	1154	19	private	private	ADJ
cjal-3258	1154	20	takings	taking	NOUN
cjal-3258	1154	21	in	in	ADP
cjal-3258	1154	22	situation	situation	NOUN
cjal-3258	1154	23	where	where	SCONJ
cjal-3258	1154	24	the	the	DET
cjal-3258	1154	25	relationship	relationship	NOUN
cjal-3258	1154	26	of	of	ADP
cjal-3258	1154	27	the	the	DET
cjal-3258	1154	28	takings	taking	NOUN
cjal-3258	1154	29	and	and	CCONJ
cjal-3258	1154	30	givings	giving	NOUN
cjal-3258	1154	31	is	be	AUX
cjal-3258	1154	32	highly	highly	ADV
cjal-3258	1154	33	proximate	proximate	NOUN
cjal-3258	1154	34	.	.	PUNCT
cjal-3258	1155	1	our	our	PRON
cjal-3258	1155	2	economic	economic	ADJ
cjal-3258	1155	3	analysis	analysis	NOUN
cjal-3258	1155	4	also	also	ADV
cjal-3258	1155	5	unveils	unveil	VERB
cjal-3258	1155	6	possible	possible	ADJ
cjal-3258	1155	7	innovations	innovation	NOUN
cjal-3258	1155	8	in	in	ADP
cjal-3258	1155	9	entitlement	entitlement	NOUN
cjal-3258	1155	10	protection	protection	NOUN
cjal-3258	1155	11	that	that	PRON
cjal-3258	1155	12	may	may	AUX
cjal-3258	1155	13	help	help	VERB
cjal-3258	1155	14	further	far	ADV
cjal-3258	1155	15	ensure	ensure	VERB
cjal-3258	1155	16	the	the	DET
cjal-3258	1155	17	efficiency	efficiency	NOUN
cjal-3258	1155	18	and	and	CCONJ
cjal-3258	1155	19	fairness	fairness	NOUN
cjal-3258	1155	20	of	of	ADP
cjal-3258	1155	21	charging	charge	VERB
cjal-3258	1155	22	givings	giving	NOUN
cjal-3258	1155	23	.	.	PUNCT
cjal-3258	1156	1	in	in	ADP
cjal-3258	1156	2	addition	addition	NOUN
cjal-3258	1156	3	,	,	PUNCT
cjal-3258	1156	4	the	the	DET
cjal-3258	1156	5	hybrid	hybrid	ADJ
cjal-3258	1156	6	public	public	ADJ
cjal-3258	1156	7	-	-	PUNCT
cjal-3258	1156	8	private	private	ADJ
cjal-3258	1156	9	nature	nature	NOUN
cjal-3258	1156	10	of	of	ADP
cjal-3258	1156	11	the	the	DET
cjal-3258	1156	12	whole	whole	ADJ
cjal-3258	1156	13	process	process	NOUN
cjal-3258	1156	14	as	as	SCONJ
cjal-3258	1156	15	demonstrated	demonstrate	VERB
cjal-3258	1156	16	by	by	ADP
cjal-3258	1156	17	the	the	DET
cjal-3258	1156	18	chinese	chinese	PROPN
cjal-3258	1156	19	implemented	implement	VERB
cjal-3258	1156	20	reform	reform	NOUN
cjal-3258	1156	21	must	must	AUX
cjal-3258	1156	22	be	be	AUX
cjal-3258	1156	23	taken	take	VERB
cjal-3258	1156	24	note	note	NOUN
cjal-3258	1156	25	of	of	ADP
cjal-3258	1156	26	to	to	PART
cjal-3258	1156	27	ensure	ensure	VERB
cjal-3258	1156	28	compliance	compliance	NOUN
cjal-3258	1156	29	with	with	ADP
cjal-3258	1156	30	the	the	DET
cjal-3258	1156	31	existing	exist	VERB
cjal-3258	1156	32	public	public	ADJ
cjal-3258	1156	33	-	-	PUNCT
cjal-3258	1156	34	private	private	ADJ
cjal-3258	1156	35	law	law	NOUN
cjal-3258	1156	36	framework	framework	NOUN
cjal-3258	1156	37	.	.	PUNCT
cjal-3258	1157	1	all	all	DET
cjal-3258	1157	2	these	these	PRON
cjal-3258	1157	3	provide	provide	VERB
cjal-3258	1157	4	useful	useful	ADJ
cjal-3258	1157	5	practical	practical	ADJ
cjal-3258	1157	6	guidance	guidance	NOUN
cjal-3258	1157	7	when	when	SCONJ
cjal-3258	1157	8	implementing	implement	VERB
cjal-3258	1157	9	the	the	DET
cjal-3258	1157	10	givings	giving	NOUN
cjal-3258	1157	11	doctrine	doctrine	NOUN
cjal-3258	1157	12	in	in	ADP
cjal-3258	1157	13	future	future	ADJ
cjal-3258	1157	14	cases	case	NOUN
cjal-3258	1157	15	,	,	PUNCT
cjal-3258	1157	16	and	and	CCONJ
cjal-3258	1157	17	we	we	PRON
cjal-3258	1157	18	hope	hope	VERB
cjal-3258	1157	19	this	this	DET
cjal-3258	1157	20	useful	useful	ADJ
cjal-3258	1157	21	doctrine	doctrine	NOUN
cjal-3258	1157	22	will	will	AUX
cjal-3258	1157	23	continue	continue	VERB
cjal-3258	1157	24	to	to	PART
cjal-3258	1157	25	be	be	AUX
cjal-3258	1157	26	incorporated	incorporate	VERB
cjal-3258	1157	27	in	in	ADP
cjal-3258	1157	28	future	future	ADJ
cjal-3258	1157	29	government	government	NOUN
cjal-3258	1157	30	policies	policy	NOUN
cjal-3258	1157	31	,	,	PUNCT
cjal-3258	1157	32	regulations	regulation	NOUN
cjal-3258	1157	33	and	and	CCONJ
cjal-3258	1157	34	reforms	reform	NOUN
cjal-3258	1157	35	.	.	PUNCT
cjal-3258	1158	1	272	272	NUM
cjal-3258	1158	2	for	for	ADP
cjal-3258	1158	3	example	example	NOUN
cjal-3258	1158	4	,	,	PUNCT
cjal-3258	1158	5	the	the	DET
cjal-3258	1158	6	victims	victim	NOUN
cjal-3258	1158	7	of	of	ADP
cjal-3258	1158	8	future	future	ADJ
cjal-3258	1158	9	derivative	derivative	ADJ
cjal-3258	1158	10	takings	taking	NOUN
cjal-3258	1158	11	will	will	AUX
cjal-3258	1158	12	point	point	VERB
cjal-3258	1158	13	to	to	ADP
cjal-3258	1158	14	this	this	DET
cjal-3258	1158	15	chinese	chinese	PROPN
cjal-3258	1158	16	implemented	implement	VERB
cjal-3258	1158	17	reform	reform	NOUN
cjal-3258	1158	18	when	when	SCONJ
cjal-3258	1158	19	demanding	demand	VERB
cjal-3258	1158	20	compensation	compensation	NOUN
cjal-3258	1158	21	.	.	PUNCT
cjal-3258	1159	1	273	273	NUM
cjal-3258	1159	2	see	see	VERB
cjal-3258	1159	3	bell	bell	NOUN
cjal-3258	1159	4	&	&	CCONJ
cjal-3258	1159	5	parchomovsky	parchomovsky	PROPN
cjal-3258	1159	6	,	,	PUNCT
cjal-3258	1159	7	takings	taking	NOUN
cjal-3258	1159	8	reassessed	reassess	VERB
cjal-3258	1159	9	,	,	PUNCT
cjal-3258	1159	10	supra	supra	PROPN
cjal-3258	1159	11	note	note	PROPN
cjal-3258	1159	12	140	140	NUM
cjal-3258	1159	13	,	,	PUNCT
cjal-3258	1159	14	at	at	ADP
cjal-3258	1159	15	289	289	NUM
cjal-3258	1159	16	-	-	SYM
cjal-3258	1159	17	292	292	NUM
cjal-3258	1159	18	.	.	PUNCT
cjal-3258	1160	1	[	[	X
cjal-3258	1160	2	20:1356	20:1356	NUM
