An Analysis of the New CIETAC Arbitration Rules 2012
Article from: TDM 7 (2012), in China
The newest version of the arbitration rules of the China International Economic and Trade Arbitration Commission (CIETAC) came into effect on 1 May 2012. While it is no secret that CIETAC wishes to increase its international competitiveness and develop as a world-class arbitral institution, this will not be achieved merely by keeping up with the rules of the most prominent global players. Rather, CIETAC's goal should be to offer the smoothest dispute resolution framework possible in the context of the Chinese legal system, in which it remains largely embedded. In this context, I purport ...