We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
To save content items to your account,
please confirm that you agree to abide by our usage policies.
If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account.
Find out more about saving content to .
To save content items to your Kindle, first ensure no-reply@cambridge.org
is added to your Approved Personal Document E-mail List under your Personal Document Settings
on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part
of your Kindle email address below.
Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations.
‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi.
‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Mainland China has not adopted the UN Commission on International Trade Law (UNCITRAL) Model Law, nor has it permitted ad hoc arbitration. Yet, arbitration in China is developing rapidly. According to the data released by the Ministry of Justice on March 2019, at the end of 2018 there were 255 arbitration commissions established with more than 60,000 staff members in mainland China.1 The caseload of 2018 is 540,000, which was a 127 percent increase compared to that in 2017.2 The stakes involved in 2018 are around 700 billion RMB.3 Since the promulgation of the Chinese Arbitration Law (CAL) in 1994, domestic arbitral commissions have handled over 2.6 million cases involving more than seventy countries/regions.4 Additionally, judicial review of arbitration in China has undergone changes over the last decades. The Chinese Arbitration Law has gone through heated discussions of amendment, and the Supreme People’s Court’s (SPC) judicial interpretations have contributed significantly to the development of Chinese arbitration. With the acceleration of open-up policy and the implementation of the Belt and Road Initiative (BRI), China endeavors to elevate its international image by providing fair, transparent, and efficient judicial services for international dispute resolution. Judicial attitude toward arbitration becomes more open minded than ever before. In earlier days, foreign investors had little information on the prospects of enforceability of arbitral awards in mainland China. The uncertainty inevitably affected their decisions on whether to choose arbitration as a dispute resolution mechanism when doing business with Chinese counterparts.
Recommend this
Email your librarian or administrator to recommend adding this to your organisation's collection.