International arbitration in Hainan has gained prominence in recent years due to China’s strategic development of the Province of Hainan as a free trade zone, a free trade port and, generally, an international business hub. Hainan is positioned to play a key role in handling commercial disputes, particularly within the context of cross-border investments and […]
Arbitration in China: Potential Issues
International arbitration in China holds many of the same general advantages as international arbitration, making it more attractive than litigation. This includes the easier enforcement of international arbitral awards in China as compared to foreign court decisions. China has been a party to the New York Convention since 1986[1] and the Washington Convention since 1992.[2] […]
New 2024 CIETAC Arbitration Rules
The China International Economic and Trade Arbitration Commission (CIETAC) has recently introduced the 2024 CIETAC Arbitration Rules. These rules, which came into effect on 1 January 2024, have been tailored to meet the evolving needs of parties and arbitral tribunals involved in CIETAC arbitrations. This edition marks the 9th revision of the regulation after the […]
Beijing Arbitration Commission / Beijing International Arbitration Center
The Beijing Arbitration Commission, also known as the Beijing International Arbitration Center (the “BAC” / “BIAC“) is an independent, non-profit organization based in Beijing, China, offering services in the fields of arbitration, mediation and other dispute resolution mechanisms. The Beijing Arbitration Commission was established in 1995, following the promulgation of the Arbitration Law of the […]
The CIETAC Arbitration Rules, Organization and Key Developments
The China International Economic and Trade Arbitration Commission (the “CIETAC”) is the main permanent arbitration institution in Mainland China, but also one of the oldest and busiest arbitration institutions in the world. The CIETAC was established in April 1956. Originally named the Foreign Trade Arbitration Commission of the China Council for the Promotion of International […]