Wider Prospects for ICSID Arbitration Under China’s BITs
Despite the economic downturn, cross-border investment throughout Asia remained strong in 2008. Notably, intraregional investment, particularly investment originating from Hong Kong and mainland China, grew in 2008. FDI outflows from China to its Asian neighbours more than doubled from US$22 billion in 2007 to US$52 billion in 2008. Similarly, inbound investment to both mainland China and Hong Kong also continued to grow in 2008.
An extract from The 2010 Asia-Pacific Arbitration Review - a Global Arbitration Review special report www.GlobalArbitrationReview.com