Arbitration with Chinese Characteristics and Its Long Pathway towards International Standards
DOI:
https://doi.org/10.52028/rbadr.v5i9.ART12Keywords:
China, Arbitration, Dispute ResolutionAbstract
The Chinese Arbitration Law (aka “CAL”) was adopted in 1994 and further amended in 2017. Currently, this law is considered a cornerstone in the development of arbitration legislation in China. It is worth adding, however, that CAL does not go along with the UNCITRAL Model Law on International Commercial Arbitration (adopted in 1985 and amended in 2006 respectively). There are numerous discrepancies between the UNCITRAL Model Law and the CAL. Nonetheless, the Draft amendments, which are currently under public consultation, seem to be a cornerstone in bringing Chinese arbitration closer to international standards worldwide. In addition, it should be stressed that the proposed Draft still includes many solutions that differ from the UNCITRAL Model Law and still underpin the arbitration with Chinese characteristics. It is too early to assess whether all these amendments will pass and change the Chinese landscape of international commercial arbitration, but it is certainly worth watching.
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