COLUMBIA JOURNAL OF ASIAN LAW VOL. 13 FALL 1999 NO. 2 CONTENTS ARTICLES EMPLOYEES' PROPERTY RIGHTS IN CHINA'S STATE-OWNED ENTERPRISE REORGANIZATION JUDICIAL INDEPENDENCE IN JAPAN: A RE-INVESTIGATION FOR CHINA THE BURGEONING SECURITIES INVESTMENT FUND INDUSTRY IN CHINA: ITS DEVELOPMENT AND REGULATION Tao Rong 153 LaifanLin 185 Tingting Tao 203 ACKNOWLEDGMENT The Columbia Journal ofAsian 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 ofAsian 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.edu/cu/asiaweb. The Journal welcomes your financial support. Contributions can be sent to: Columbia Journal ofAsian Law Columbia Law School 435 West 116th Street New York, NY 10027. Email: asianlaw@law.columbia.edu COLUMBIA JOURNAL OF ASIAN LAW VOL. 13 FALL 1999 NO. 2 Board of Directors R. RANDLE EDWARDS JEONG-HO ROH Editor-in-Chief SARA E. COES Executive Editor RANDAL S. DHALIWAL Managing Editor CHANGJIAN SHAO Articles Editors YEON WOOK JEONG BRIAN K. NAGATANI YASUTAKA NUKINA YEON-JOO LEE SUMI K. SAKATA CELIA CHAN LORNA XIN CHEN WHITNEY K. CLAYTON JASON GOTTLIEB GAVIN HEALY Editors DAVID LIN LAN Lou BO-YONG PARK SANDRA PARK KEEWON SHIN JAMES SILVERGLAD RONG TAO SHIUNG YANG CHIN YOO GARLAND K. Yu 03_13ColumJAsianL[iv](1999).pdf 05_13ColumJAsianL[viii](1999).pdf