Fundamentals Of Arbitrating Before CIETAC

Law360, New York (September 9, 2009, 2:14 PM EDT) -- Companies often choose with good reason international arbitration as the method of resolving disputes arising from their international commercial agreements. Those doing business in the People’s Republic of China (“PRC”) are no exception.

An immediate issue in negotiating such provisions is whether to select a venue and arbitration institution outside China or within the country itself. Chinese companies, not surprisingly, will often prefer a Chinese arbitration.

The China International Economic and Trade Arbitration Commission (“CIETAC”) is the principal Chinese institution (or “commission,” as Chinese law calls...
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