The Role of Arbitration Institutions in China
Article from: TDM 4 (2013), in Ten years of Transnational Dispute Management (TDM)
One of the most significant peculiarities of Chinese arbitration is that proceedings are necessarily administered by an arbitration commission: the Chinese Arbitration Law does not allow ad hoc proceedings seated in Mainland China. Arbitration commissions play a unique role in the Chinese system: they can act as a catalyst for future reform and for the general modernization of the arbitration system. The 2012 CIETAC Rules are, from this point of view, fundamental: the amendments introduce innovative provisions, which could beneficially influence the Chinese arbitration world on ...