By: Isha Jadhav, Junior Staffer Many United States (“U.S.”) and Western companies are relocating out of Hong Kong, a long-revered hub for financial institutions. The question at hand is whether this so-called “exodus” impacts the scope of commercial arbitration within Hong Kong. Hong Kong has been a popular arbitral seat for many years partially because…
Tag: China
The Potential Tribulations of the China International Commercial Court (CICC)
In 2013, China’s President, Xi Jinping, announced the “New Silk Road,” which would be the largest infrastructure development from East Asia to Europe. It was later coined as the Belt and Road Initiative (BRI). The Belt and Road would consist of not only physical infrastructure but also fifty special economic zones. To date, roughly 60…
The Role of Arbitration in the US-China Trade War
Arbitration plays a background role in the US-China trade talks, but is it being used to its highest potential? The US-China trade war is the broad name given to a series of ongoing negotiations over mutual access to consumer markets and the onus of the trade deficit between The United States and China. After a…
Chinese Africa Joint Arbitration Center: A Solution to Trade Disputes between Africa and China
The increasing trade and investment cooperation between China and Africa, as well as the diversity of individual legal systems across African countries, create a growing need for neutral and cost-effective mechanisms for resolving commercial disputes between African and Chinese parties. These factors prompted the establishment of the Chinese Africa Joint Arbitration Center (CAJAC), which aims…
