A new battle is taking shape on the world scene. It sees China and the West compete in affirming their respective investment standards around the globe.
China has decided to set up three international courts to deal with disputes related to its multi-billion dollar Belt and Road Initiative (BRI), under which it is making massive investments.
As China’s Belt and Road Initiative continues to gain momentum, the CIETAC investment arbitration rules are designed to offer an alternative institution and rules to resolve disputes between investors and states.
Les récentes décennies ont été marquées par l’ascension de la Chine sur le plan économique, militaire et diplomatique et par sa position sans cesse renforcée dans l’ordre international.
China has shown no hesitation in disregarding its obligations under the free trade agreement with South Korea to take retaliatory measures against the deployment of a US missile defense system in the peninsula, say Korean media
Two recent and potentially inconsistent decisions in claims by PRC investors have raised questions as to the scope of protection under PRC bilateral investment treaties (BITs).