China International Commercial Court - A Progressive Legal Trend

Oct 25, 2018
| By Jacelyn Johnson
The establishment of the Greater Bay Area (GBA) along with the Belt and Road Initiative (BRI) brings with it ample business opportunities for lawyers. This article discusses the possible risks to consider when advising clients on BRI related projects, being prepared to mitigate these risks, as well as China's International Commercial Court (CICC) as a viable option for dispute resolution in BRI cases
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The Chinese government recently established the CICC as a resource to settle international commercial disputes arising out of the Belt and Road Initiative. This is part of the government’s plan to boost China’s competitiveness and economy globally.