We explore the impact of China's Belt and Road initiative on international arbitration.
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Arbitration agreements frequently impose preconditions to arbitration, requiring parties to engage in a combination of mediation, conciliation, good faith negotiations and/or other mechanisms first.
The Nanjing Court has enforced a CIETAC Hong Kong arbitral award in Mainland China for the first time, bolstering its claim as an institution of choice for Belt and Road disputes.
Australia is shaping up as a proximate, reliable and neutral seat for international arbitration stemming from China’s Belt and Road.