On February 28, 2023, the U.S.-China Economic and Security Review Commission released the report Dispute Settlement with Chinese Characteristics: Assessing China’s International Commercial Court.
According to this report, in 2018, China’s Supreme People’s Court launched the China International Commercial Court (CICC), which offers a “one-stop shop” for dispute resolution, including mediation, arbitration, and litigation for international business disputes with a connection to China. China’s government has cited the CICC as evidence of the country’s increasing openness. In many respects, however, the CICC prevents effective foreign participation, including by preventing foreign lawyers from participating in proceedings. The unusually restrictive nature of the CICC compared with other international dispute resolution forums has raised concerns that the CICC will be biased in favor of Chinese parties.
The report reflects the opinions of the U.S.-China Economic and Security Review Commission, and not the views of China Justice Observer.
For more CJO posts on China International Commercial Court (CICC), please click HERE.
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Contributors: CJO Staff Contributors Team
