Over two decades since the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (ICSID Convention) became effective on China, the country has always been one of the host states that has utilized the largest quantities of foreign investment in the world.
However, only two investment arbitration cases have been filed by foreign investors against China with the International Centre for Settlement of Investment Disputes (ICSID).
In one of these cases, Ansung Housing v China, the arbitral award was issued on 9 March 2017.
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Yang Weidong is an arbitrator of the Beijing Arbitration Commission/Beijing International Arbitration Centre and a partner of Sunshine Law Firm. BAC/BIAC’s case manager Wang Mian also contributed to this article