On The Enactment Of Usury Crime

So far, the regulation of folk loan sharking in China was mainly listed between lines of civillaws and economic laws. The act of borrowing loan matches with the free trade spirit ofmarket economy and it shows normal change between resources’ reply and demand underthe adjustment of market itself. Laws are built for protecting the free spirit of freeexchanging of value as well as traders. At the present the market is flooded by folk loansharking and it leads to a series of criminal crime. Here comes the question about thepropriety of sentencing folk loan sharking as business crime but not criminal crime.Different voices come up in the world of law. The thesis analyses the enactment of usurycrime and the advantages of formation of relevant laws.The thesis analyses current usury crime on the basis of literature, cases study andinvestigation.The thesis is divided into three parts: the first part introduces the definition and harm ofusurious loan from the perspective of criminal law; the second part is the analysis andcomparison of regulations between Eastern and Western countries on usury crime; the thirdpart is some thought to the formation of usury crime from the perspective of criminal law.