Shandong Win & Win Law Firm 24 Hour Emergency Response   + 86 13854219295

Guidance to be issued on handling BRI-related cases

A judicial interpretation to identify and apply relevant foreign laws is expected to be released soon to help Chinese judges efficiently resolve disputes involving foreign parties. With cooperation increasing between China and countries involved in the Belt and Road Initiative, China has seen a rapid growth in cross-border business exchanges as well as an increase in related commercial disputes. About two months later, the top court also set up an expert committee to serve as its dispute resolution think tank.

Two international commercial courts have heard 27 disputes, with litigants coming from countries such as the United States, Italy, Thailand and the Philippines, adding that its expert committee has had 61 experts from 24 nations. In the two courts, resolving international commercial disputes — through mediation, arbitration or litigation — depends on the litigants, meaning the three forms of resolution are integrated into one platform, which is China’s innovative way of settling such cases.

News from: Supreme People’s Court of the People’s Republic of China



Leave a Reply




WhatsApp Wechat