The PRC Arbitration Law says that an arbitration agreement must refer to the arbitration commission selected by the parties, among other things. There are many questions as to the meaning of this clause
The Measures set out the criteria under which a lender accepts an application for a loan for a fixed asset. They also lay down provisions on relevant due diligence investigation, risk assessment, examination and approval, execution of the contract, disbursement and payment, post-loan management and legal liability.