china and international dispute resolution in the context of the belt and road initiative pdf zxyb

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==> china and international dispute resolution in the context of the belt and road initiative pdf <==

"China and international dispute resolution" within the context of the Belt and Road Initiative (BRI) refers to the mechanisms and frameworks for resolving disputes that arise between China and other countries involved in BRI projects. The BRI is a massive infrastructure and development strategy led by China, aimed at enhancing connectivity and cooperation across Asia, Europe, and Africa through investments in infrastructure such as roads, railways, ports, and energy projects. Given the scale and complexity of these projects, disputes can arise in areas like contract enforcement, investment protection, trade, and environmental standards. To address such disputes, China has been promoting the development of specialized dispute resolution mechanisms that include arbitration, mediation, and litigation in courts. One notable initiative is the establishment of international commercial courts, such as the China International Commercial Court (CICC), which are intended to handle BRI-related disputes in a more efficient and internationally credible manner. China has also been advocating for the use of Chinese arbitral institutions, like the China International Economic and Trade Arbitration Commission (CIETAC), and exploring collaboration with international legal bodies, such as the International Chamber of Commerce (ICC). The approach reflects China’s desire to balance its interests while appealing to foreign investors by creating dispute resolution systems that are perceived as neutral, fair, and aligned with international norms. However, concerns persist regarding transparency, impartiality, and the dominance of Chinese legal standards, leading some to prefer more established international forums for dispute resolution. Overall, China’s efforts in this area are crucial for fostering trust and cooperation among BRI partners while managing the legal risks associated with cross-border projects.