Introduction

Investment treaty making is on the rise in Asia. While other regions, such as Latin America, have recently lost enthusiasm for liberalized investment treaties and investor-state arbitration, Asian countries are strengthening their networks of international investment agreements (IIAs) as they seek to liberalize investment flows both into and out of their countries.[1] In addition, North American and European countries have renewed their interest in strengthening trade and investment protection with Asian countries.[2] It is, therefore, an opportune time to examine the investment climate ...