With the 2008 Olympics looming and growth at 10.7% last year (12% in Beijing), China's economic boom shows few signs of slowing down. The heavy influx of foreign investment means new disputes as well as deals. Foreign investors entering developing nations often prefer arbitration rather than submitting directly to the jurisdiction of the local courts and unknown quantities, both cultural and legal.
March 21, 2007 at 09:08 PM
1 minute read
The original version of this story was published on Legalweek
With the 2008 Olympics looming and growth at 10.7% last year (12% in Beijing), China’s economic boom shows few signs of slowing down. The heavy influx of foreign investment means new disputes as well as deals.
Foreign investors entering developing nations often prefer arbitration rather than submitting directly to the jurisdiction of the local courts and unknown quantities, both cultural and legal.
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