The China-EU BIT currently being negotiated may be the "Global BIT 2.0," given that it will be the first new generation BIT that the EU and China conclude on their own initiative and is likely to significantly impact BIT practice worldwide.

Force majeure clauses in investment contracts are currently in the spotlight, especially due to the COVID-19 pandemic and the Russia-Ukraine war. This Perspective highlights some key issues for parties to consider when declaring force majeure and suggests clarifying contractual language.