CIETAC as a Forum for Resolving Business Disputes

Author: 
Lijun Cao
Publication date: 
Thu, 24 Jan 2008

The China International Economic and Trade Arbitration Commission (CIETAC) is a leading international arbitration centre in mainland China and in the world. Most disputes are between Chinese and foreign counterparts, and there have been lingering doubts about the fairness of CIETAC arbitration among foreign scholars and practitioners. Statistical data, however, indicate that CIETAC arbitration is substantively fair. 

In cases involving US parties, for example, US parties’ winning percentage is approximately equal to their losing percentage.