COLUMBIA JOURNAL OF ASIAN LAW
VOL. 10 SPRING 1996 NO. 1

CONTENTS

ARTICLE

POWER AND POLITICS IN THE CHINESE

COURT SYSTEM: THE ENFORCEMENT OF

CIVIL JUDGMENTS

PEOPLE'S COURT EXECUTION RULES

Donald C. Clarke

Donald C. Clarke

CURRENT CONTROVERSIES ON THE CONTROL
OF RELIGIOUS ORGANIZATIONS IN JAPAN Yasuhiro Okudaira

SECURITIES LAWS IN KOREA AND REGULATIONS
ON FOREIGN INVESTMENT In-Kie Hong

ASPIRING TO EXCEL - THE UNEASY CASE
OF IMPLEMENTING TAIWAN'S ASIA-PACIFIC
REGIONAL OPERATIONS CENTER PLAN Lavrence S. Litt

LECTURE

DRAFTING THE UNIFORM CONTRACT LAW IN CHINA Ping Jiang

COMMENTARY

INTRODUCTION TO THE ADMINISTRATIVE
PENALTY LAW OF CHINA Dingiian Cai 259

NOTE

LIMITED LIABILITY IN CHINA:

A PARTIAL READING OF

CHINA'S COMPANY LAW OF 1994

THE SHANGHAI EXCHANGE SCANDAL

AND CHINESE BONDS LAW

Chuan Roger Peng

Timothy Tingkang Xia 281

245



ACKNOWLEDGEMENT

The Columbia Journal of Asian Law gratefully acknowledges the
generous grant from the Parker School of Foreign and Comparative Law
which made the establishment of the Journal possible.

EDITOR'S NOTE

Published semi-annually under the auspices of the Center for Chinese
Legal Studies, the Center for Japanese Legal Studies and the Center for
Korean Legal Studies at the Columbia University School of Law, the
Columbia Journal of Asian Law is the successor to the Journal of Chinese
Law, which commenced publication in 1987. The Journal provides a
forum for legal practitioners and scholars from Asia, the United States and
elsewhere to discuss the broad range of issues that relate to law in the
countries of Asia. The Journal welcomes multidisciplinary, historical and
comparative manuscripts, as well as those describing and analyzing aspects
of contemporary law and practice. As part of this effort, the Columbia
Journal of Asian Law maintains a World Wide Web site, located at
http://www.columbia.edulcu/asiaweb.

The Journal welcomes your financial support. Contributions can be
sent to: Columbia Journal of Asian Law, Columbia Law School, 435 West
116th Street, New York, NY 10027.



COLUMBIA JOURNAL OF ASIAN LAW
VOL. 10 SPRING 1996 NO. 1

Board of Directors
R. RANDLE EDWARDS JEONG-HO ROH MICHAEL K. YOUNG

Editor-in-Chief
ROBERT E. PHAY, JR.

Executive Editors
JAMES LARISH TINGKANG XIA

Managing Editors
EMILIE Hsu MARK Hsu

Senior Articles Editors
VIRGINIA TAM KIRK TONG DAVID WATERS

Business Editor
SUNG-JIN KANG

Production Editor
DUKE FUJIYAMA

BENJAMIN CHUN

SHELLY DOLEV

JON GRAY

QING HUANG

ERIKA ARONSON

KARL BARRIOS

RICHARD BOYDEN

JAIHO CHO
JAY HOON CHOI

DALI DING
JOHN FADELY

Notes Editors
JUNG-WON HYUN
GABRIELLE LEsE

Articles Editors
NAOMI ISHIKAWA
HYEON LEE
JAEHO LEE
HYEKYUNG LIM

Editors
ERNEST HSIN
KENJI IIDA
HAKSOo Ko
AMISHA MODY
GEOFFREY MuKAE
GREG OSTLING
WENSENG PAN

Submissions Editor
JANICE KAM

Technology Editor
ALEXANDER LIN

JEONGHYON NAM
KOSTON PELLY
SHANTANU SURPURE

ALISSA PARK
LAVESH SAMTANI
ALBERT SHEU
KYUNG-NAM SHIN
TRISHA SORRELLS
ANDREW SU
JIAN ZHU


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