Dr. Meng Yu, as the panelist of the seminar “Enforcing the Judgment: Convergence of Asian Business Laws to Facilitate Certainty for Investment and Trade” organized by the Asian Business Law Institute (ABLI), Singapore, talked about the portability of judgments in Asia from China’s perspective.
China has now undertaken moves to liberalize rules on recognizing and enforcing foreign judgments, so as to better adapt to the trend of market opening.
To date, foreign judgments rendered from the following countries can or are very likely to be recognized and enforced in China.
i. France, Italy, Spain, Russia, Vietnam, UAE, Poland, Mongolia, Romania, Belarus, Ukraine, Cuba, Egypt, Bulgaria, Turkey, Kazakhstan, Cyprus, Greece, Hungary, Kyrgyzstan, Uzbekistan, Tajikistan, Morocco, Tunisia, Laos, Lithuania, North Korea, Kuwait, Brazil, Argentina, Peru, Algeria, Bosnia and Herzegovina: these countries have concluded bilateral treaties with China.
ii. The U.S., Germany, Singapore and South Korea: judgments rendered in these countries have already been recognized in China based on reciprocity.
iii. Australia, Canada, and perhaps, the U.K. (to be confirmed): these countries have recognized Chinese judgments and are waiting for China to confirm the reciprocity in future cases.
Contributors of China Justice Observer (CJO)（Guodong Du, Meng Yu, Yahan Wang, etc.）maintains their focus on this field, and endeavors to share updates on the latest developments with the international community. In addition, Guodong Du and Meng Yu lead a team of attorneys from multiple Chinese law firms, providing legal services in recognition and enforcement of foreign judgments.
For legal services (and prices) in recognition and enforcement of foreign judgments, please click here.
For the list of China’s cases on recognition of foreign judgments, please click here.