Arbitration in China: A Legal and Cultural Analysis by Kun Fan - Book Review
Article from: TDM 3 (2014), in Book Reviews & Related Materials
Introduction
China is now the world's second biggest economy and, despite the global financial crisis, remains one of its fastest growing. Its GDP growth averaged almost 10% in 2012. Most M&A deals now have a Chinese element. China is the second biggest destination for foreign direct investment, and its currency, the renminbi, is becoming increasingly important as an international currency; it already accounts for some 13% of China's trade. With one of the world's largest sovereign wealth funds and a strategy to obtain more natural resources, China's foreign direct investment is expanding Chinese ...