Chinese arbitration has its own development track. Riding high on the goals and undertakings of making home-grown arbitration practices more international, the country also charts its course of introducing “China’s experience” and “Oriental wisdom” onto the international arbitration stage. Such trends corresponding to and enhancing each other essentially bolster China’s vision of being a reliable country for domestic and international arbitration proceedings.
As flagship domestic arbitration institutions spearhead efforts to help China establish a reputation as an arbitration-friendly jurisdiction, and internationally renowned counterparts bet big on ramping up their presence in the mainland arbitration market, how will the ambitious top-tier arbitral centres at home and abroad embrace these trends? And how will this change dynamics in China and reshape its role in the international arbitration landscape?
Looking ahead, where may Chinese and Western conventional wisdoms meet in arbitration, and what does the pioneering Singapore Convention on Mediation mean for arbitration and the future of international dispute resolution?
We asked six leaders of some of the region’s major players for their views − and their wisdom.