China to work out M&A dispute resolution mechanism
June 19, 2017 Category Mergers & Acquisitions, Weekly
New mechanisms are needed to resolve disputes related to outbound investments of Chinese companies, experts in M&A said. The dispute resolution mechanism is at present almost entirely in the hands of Western countries. “Most of the cross-border investment in the countries and regions taking part in the Belt and Road Initiative is in infrastructure projects, which have long investment cycles and require large sums of money, so disputes will likely increase,” said Wang Guiguo, Director of the International Academy of the Belt and Road Initiative. The organization to be set up could be compared to the International Center for Settlement of Investment Disputes (ICSID), which is part of, and funded by, the World Bank Group.
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