The People's Republic of China is Germany's most important trading partner in Asia, and at the same time a significant investment location for German businesses. In recent years, Chinese companies have also become increasingly active abroad, including in Germany. The close economic linkages between China and Germany lead to a hightened potential for Sino-German business disputes. Contracts concluded between German and Chinese companies commonly provide for dispute resolution through arbitration.
This latest issue of the Shearman & Sterling German-language Client Newsletter discusses the particularities of Chinese arbitration law, provides recommendations for the drafting of arbitration clauses, and presents negotiable options for achieving agreement to conduct arbitration proceedings outside of China.
Click below to view the full German-language Client Newsletter.