ment ,thus increase government’s risk . There is little law about government’s guarantee in BOT& nbsp;. All these investor concerned things such as limit competition , soil , returns , etc , are not clearly state in law files .thus , it make it more difficult for negotiate between government and investor . To investor , this means increase their politic risk because even local government has pledge to them , it still has the risk of repeal by law of superior government .



By now , we still has not integrate law on BOT ,which make both government and investor faced more risk , that is also the major reason why BOT did not populate in china successfully . To deduce government’s risk , we should not only perfect our law system of BOT , but also support investor insure overseas to minimize government’s politics risk .



reference



[1] international private law and international economic law . law publish company . 1998



[2] Mu Yaping、Zhao Kang . law issue of BOT and BOT legislation . law research . feb 1998