PCA–Hong Kong Host Country Agreement anticipates increase in disputes involving States in Asia

At a ceremony in Beijing on 4 January 2015, representatives of the Permanent Court of Arbitration (PCA) and the Central Government of the People’s Republic of China signed a Host Country Agreement and a related Memorandum of Administrative Arrangements to provide facilities and support services in Hong Kong for PCA-administered dispute resolution proceedings. The Government … Read more

Australia and China conclude free trade agreement

On 17 November 2014, Chinese President Xi Jinping and Australian Prime Minister Tony Abbott announced that Australia and China had concluded a free trade agreement that has been under negotiation since April 2005. The agreement will now be prepared in both English and Chinese for signature by the parties, after which the agreement will go … Read more

China sued by South Korean property developer at ICSID

This week, a South Korean property developer (“Ansung”)  became the second ever investor to request ICSID arbitration against the People’s Republic of China (“PRC”) (Ansung Housing Co., Ltd. v. People’s Republic of China (ICSID Case No. ARB/14/25)).  Little is known about the claims, which are reported to arise from the alleged actions of the provincial … Read more

China-Taiwan Bilateral Investment Protection Agreement: dispute resolution mechanisms exclude international arbitration

On 9 August 2012, after two years of negotiation, Mainland Chinese and Taiwanese negotiators signed the Cross-strait Bilateral Investment Protection and Promotion Agreement (“IPA“).  The IPA is expected to promote cross-strait economic exchanges, and to attract more Mainland Chinese investors into Taiwan and vice-versa.  Given the sensitivity of cross-strait relations (China does not recognise Taiwan … Read more

Trilateral Investment Agreement signed by China, Japan and South Korea

On 13 May 2012, China, Japan and South Korea signed the Agreement among the Government of Japan, the Government of the Republic of Korea and the Government of the People’s Republic of China for the Promotion, Facilitation and Protection of Investment (“Trilateral Investment Agreement“).  The Trilateral Investment Agreement is the first legal framework between the … Read more