Law In Business: China: New deal
The reciprocal enforcement of judgments in commercial matters may become a reality between Hong Kong and mainland China
The current lack of enforceability of foreign judgments between Hong Kong and mainland China is a major hurdle to commercial dispute resolution across the greater China region. That now looks set to change under a proposed agreement between Hong Kong and mainland China which would deliver greater choice in dispute resolution to commercial enterprises. The changes could make litigation in Hong Kong an attractive, viable alternative to arbitration in mainland China.
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