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Prof. Lu Song, Associate Professor at China Foreign Affairs University, Beijing.
2-3 April 2009
Since China has become a member of the WTO, its political and economic regimes have undergone tremendous changes. For instance, it has moved away from a planned economy towards a more liberal market-based and western structure. Dispute resolution is slowly changing as well, though it still remains influenced by millennium old traditions that differ from the approach to dispute resolution practiced in the West. Confucianism, which promotes a spirit of consensus often considered at odds with the very notion of arbitration, still has an important bearing on the way disputes are resolved in Asia. In China, arbitration is also marked by certain significant but largely ignored idiosyncrasies, such as the prohibition of ad hoc arbitration and of foreign arbitration institutions. In addition, only about half of the awards rendered are effectively enforced. Students taking Arbitration in China will have the opportunity to receive insight into the Chinese law and practice of arbitration. Students will be introduced to the workings of some of the most significant Chinese arbitration institutions, such as the China International Economic and Trade Arbitration Commission (CIETAC) and the Beijing Arbitration Commission (BAC). Students will further discover recent evolutions and prospective challenges, as well as what dispute settlement as it is developing in China can teach the rest of the world. |
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