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Madeleine Zelin, Jonathan K. Ocko, and Robert Gardella, eds. Contract and Property in Early Modern China. Stanford, Calif.: Stanford University Press, 2004. vii + 398 pp. ISBN 0-8047-4639-7, $65.00.
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In 1887 the Journal of the Royal Asiatic SocietyChina Branch sponsored a symposium on "Chinese partnerships," in which a number of eminent China hands such as E. H. Parker and Chaloner Alabaster shared their long experience with the subject. The discussants agreed, among other things, that liability for debts of the firm was enforceable in Chinese courts, that this liability was shared among the partners according to their contractually determined shares in the business, and that a contractually designated "managing partner" normally
Johns Hopkins University