Arbitration Agreement, Arbitration institution, China, Recognition and enforcement of arbitral award
Opening of Mainland China Arbitration Market to Foreign Institutions: Is It Happening, Really?
Since the enactment of the People’s Republic of China (“PRC”) Arbitration Law (1994), Chinese arbitration commissions have had exclusive access to the mainland China arbitration market. This is primarily because the establishment and operation of arbitration institutions are subject to the prior approval of the “administrative department of justice of the relevant province, autonomous region…