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Increasing cross-border commercial exchanges and foreign investments have caused arbitration to become more frequently selected as a dispute resolution option in China. In response to this growing demand, China has taken significant steps to improve its arbitration system. Nevertheless,...
Persistent link: https://www.econbiz.de/10013037618
In the context of harmonisation of arbitration law and practice worldwide, to what extent do local legal traditions still infuence local arbitration practices, especially at a time when non-Western countries are playing an increasingly important role in international commercial and financial...
Persistent link: https://www.econbiz.de/10013036266
Drawing upon data interviews with Chinese judges who were involved in the decision-making process, we develop two variables for analyzing the influence of social ties, or guanxi, in the judicial setting. The first differentiates the strength of guanxi – whether it is strong or weak. The second...
Persistent link: https://www.econbiz.de/10012964219
Platform economy breaks into the legal profession by pooling lawyers with different specializations into a simple user-friendly platform, consolidating the lower-tier supply side of the legal market and generating economy of scale. This paper is the very first empirical piece looking into...
Persistent link: https://www.econbiz.de/10012932186
Investment has become increasingly important in shaping the economic landscape in Asia. In recent years, there has been a burgeoning number of bilateral investment treaties (BITs) and investment chapters incorporated into bilateral and regional free trade agreements (FTAs) in China. The rapid...
Persistent link: https://www.econbiz.de/10014103359
China's mercantilist approach towards international business and trade uses a two pronged strategy to promote China's state-owned enterprises (SOEs) at the expense of multinational companies (MNCs) doing business in China and other foreign countries. Within its borders, China uses the...
Persistent link: https://www.econbiz.de/10013014322
China has in the last decade and especially since its entry into the WTO made considerable efforts to improve its judicial system, perfectly aware of the necessity to provide a stable framework for foreign investment and economic growth. An important part of this reform is the development of...
Persistent link: https://www.econbiz.de/10014177286
It is a controversial issue as to how to assess the effectiveness of the Anti-Money Laundering (AML) regime on the global arena. Based upon around 9,000 questionnaires circulated to AML professionals and other related staffs at the branches of banking institutions and People’s Bank of China as...
Persistent link: https://www.econbiz.de/10014045692
While there are ongoing the debates on the appropriateness of arbitrators acting as mediators in a pending arbitration (this process is often described as ‘arb-med'), such practice seems to work well in China. In this respect, the Chinese model may be useful in contributing to the practice in...
Persistent link: https://www.econbiz.de/10013033797