Summary
- In the lead up to adoption of the PRC Arbitration Law, many expected to see alignment with the Model Law
- The final law took a more conservative approach
- This
China Did Not Become a Model Law Jurisdiction — And Perhaps That's Not Such a Bad Thing
A recent significant update to China’s arbitration law did not go as far as some expected, and did not result in alignment with the UNCITRAL Model Law. Vincent Mu of Llinks Law Offices explains why this outcome may suit China’s context better and provide for better growth in the future
By Vincent Mu