Generis Global Legal Services

In finance, a junk bond (non-investment-grade bond, speculative-grade bond, or junk bond) may be a bond that's rated below investment grade. These bonds have a better risk of default or other adverse credit events, but offer higher yields than better quality bonds so as to form them attractive to investors.

The Chinese Foreign Investment Law sets out a variety of general principles associated with investment facilitation and protection.

Since China opened its doors to foreign investors around forty years ago, it has been a top recipient of international direct investments. Let's take a closer look at the legal system that China has.