China Mainland's Belt and Road initiative fosters both new investment opportunities and commercial activities. Along with opportunities, as a matter of course issues may arise, and so the demand for dispute resolution services may increase. Should disputes arise, any investor would want to be assured that its counterparty has assets are located in Hong Kong*, the investor would have to resort to the Hong Kong legal system for protection and preservation. As the interface between China Mainland and the rest of the world, Hong Kong provides one of the best platforms for resolving disputes that may emerge from the various multi-national activities involved in the Belt and Road initiative.
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This is one of a series of KWM publications providing practical tips on aspects of BRI projects gained from our experience supporting our clients working on the BRI. Each booklet will provide you with concise insights and relevant information on Belt and Road subject in question.
*Any reference to “Hong Kong” or “Hong Kong SAR” in this article shall be construed as a reference to “Hong Kong Special Administrative Region of the People’s Republic of China”.