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judicial dispute settlement

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1 - China and the Development of an International Dispute Resolution Mechanism for the Belt and Road Construction
from Part I - China, BRI and International Dispute Resolution
- By James Crawford AC
Edited by Wenhua Shan, Xian Jiaotong University, China, Sheng Zhang, Xian Jiaotong University, China, Jinyuan Su
Book:

China and International Dispute Resolution in the Context of the ‘Belt and Road Initiative’

Published online:

03 March 2021

Print publication:

18 February 2021, pp 11-22
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Summary

It considers an effective dispute resolution system is important to the success of the BRI. It could help to offset the fears that may otherwise turn trade and investment away. With predictable legal protections underwriting their participation in the scheme, trade and investment might more readily be encouraged to flow the full length of the BRI. The BRI will operate through, rather than aiming to replace, existing legal frameworks of cooperation and economic integration. Given that the types of disputes that might arise in the context of the BRI are notably diverse, no single mechanism of dispute settlement is possible.