Immigration Law:
The fist immigration policy came into U.S in the year 1790 with the enactment of Naturalization Act, but it failed to achieve the desired result; after couple of modifications The Immigrations and Nationality Act was created in the year 1952. U.S citizenship and Immigration service (USCIS) is a government body who looks after lawful immigration to the U.S.
Federal Law gives details of the rights, duties and obligations associated with being an alien in the United States. It also states the eligibility criteria for aliens to become permanent resident of U.S. An alien is described as any person who lacks the U.S citizenship. Alien can be resident and non resident, immigrant and non-immigrant, documented and non-documented. Immigration has a major role to play in U.S. Over the years thousands of people have been migrated to the U.S and has enriched the social, political and economical culture of the United States.
Property Law of China:
The first Property Law bill of China was published in the year 2002, but it gave rise to many controversies. The bill had deferred subsequently from then, finally the Property Law of the People’s Republic of China (PRC) was adopted by the National People’s Congress in the year 2007 and it came into force from 1st October, 2007. The new property law is an adoption of civil law models prevalent at Germany, Switzerland and Japan.
On the same time the law is very different from that of U.S and British Property Law. The property law includes both state property and also private property. Inclusion of both was a major concern among many of the Chinese legal Community. The law along with state and private also covers collective property type. The law divides the property on the basis of rights into three different categories: ownership rights use rights and security rights. Creation, transfer and destruction of immovable property also comes within the purview of this law. The law as perceived by many legal houses against the socialist culture of China.
Investment laws in china:
Prior to 1990 China was dominated by the state owned enterprises due to which the market had limited potential and it was monopolized. Later to eradicate monopoly Government allowed private players to enter into the market which lead to the entry of foreign investors in the market. Foreign investment has grown in the post-globalisation period. The growth of Chinese economy has been attributed to the foreign investors. China has been an export oriented market, thus its development is a factor of foreign investment over the years.
The investment laws for foreign investors have been liberalized for encouraging them to invest in China. Though the investment laws are different in China because it is a communist country but the Chinese Government has tried to incorporate lot of changes to be at par with the norms of World Trade Organisation (WTO). The Chinese Government started amending the rules from the year 2000. There are three types of investment which is prevailing in China, this are- Sino-foreign joint venture, wholly foreign owned venture and Chinese foreign cooperative enterprises.