GvW International Arbitration Week – Update China

Current status of arbitration in China – post-covid impacts

• Potential pitfalls:
  •  Challenges in drafting the right arbitration clause in China disputes
  •  Increased bargaining power of Chinese parties – increasingly arbitration before Chinese arbitration institutions 
  •  language issues
• Upcoming revised Arbitration Law
• Enforcement of arbitration awards in China – challenges and risks