Different from West of Middle Ages, the centralized dominion was estab lished in an early time of ancient China when the feudal despots exercised the p olicy of encouraging the development of agriculture and restricting that of comm erce, therefore, the development of businesses and commerce were restrained at t he very beginning, which is why a Merchant Law similar to that of European count ries had never originated from ancient China.
林 磊. 商法历史发展的中西比较研究[J]. 北京航空航天大学学报（社会科学版）, 2006, 19(1): 45-48.
LIN Lei. Comparative Study of the Historical Development of Commercial Laws between China and the West. JOURNAL OF BEIJING UNIVERSITY OF AERONAUTICS AND A, 2006, 19(1): 45-48.