International arbitration in the People's Republic of China

Abstract

This work is an analysis of the instrument currently used most frequently in the resolution of disputes arising from contracts between parties of different nationalities, which represents an alternative to ordinary justice. In the first chapter the characteristics, advantages and disadvantages of international arbitration are introduced, with references to the main sources of international arbitration, such as international conventions and bilateral treaties. The second chapter analyzes instead the development of international arbitration within the People's Republic of China, introducing also the main sources and the main arbitration institutions within the country, which will be analyzed in the following chapters. The third chapter focuses on the main international arbitration institutions in the People’s Republic of China, the CIETAC and the CMAC, which have become the most important in the world. The chapter analyzes the evolution of the rules, underlying the main changes from one edition to another, the structure of the two commissions and the conduct of arbitration proceedings of the two institutions, providing references to their rules.