China year in review –Where we have been and where we are going?
2017 was a big year for the rule of law in China. We saw many legal initiatives aimed at expanding and improving options for cross border dispute resolution. The last twelve months have seen many notable developments in the cross-border disputes sphere in China. These developments have cut across State policy, judicial decisions and arbitral institutions. They demonstrate China’s interest in assuming a role in the resolution of disputes involving Chinese parties and in providing an increasingly transparent and predictable domestic forum for resolution of these disputes. They provide new options for parties considering doing business with China and for Chinese businesses going outbound. This article presented some of the developments from China last year that affected or will affect the role of courts in hearing cross-border disputes in terms of Principle of reciprocity; The Hague Convention; International commercial courts. Some of the key recent developments in arbitration in China were described as well.