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Foreign Arbitration and Ad Hoc Procedure Permitted for Enterprises in Free Trade Zone

China Insight - Dispute Resolution

On 30 December 2016, the Supreme People's Court of the People’s Republic of China ("SPC") issued the Opinion on Providing Judicial Safeguard to the Construction of Free Trade Zones ("the Opinion") which entered into effect on the same day. The Opinion has attracted wide public attentions as it introduces some new elements to arbitration in China. However, it is geographically restricted to the Free Trade Zones ("FTZs"). Below we summarise the main contents of the Opinion and how it will affect the enterprises and their business in the FTZs. 

 

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China Insight - Foreign Arbitration and Ad Hoc Procedure Permitted...
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Authors

Lichtenstein
Dr. Falk Lichtenstein
Partner
Beijing
Picture of Nabao Zheng
Nabao Zheng, LL.M.