— An Analysing Insight into the Competitive Attractions of BAC
Dr CHEN Fuyong, SUN Wei
From its humble start to a well-known name in the international arbitral community, the Beijing Arbitration Commission (BAC) is one of the great growth arbitration institutions of our times. People working on dispute resolution are paying more and more attention to this emerging organisation. While parts of BAC’s history, features and achievements have already been reported on in a number of publications, far too little has been analysed on precisely why and how the BAC made a difference in over 200 arbitration institutions in the mainland – and in so doing, won the recognition for and respect to the idea and practice of arbitration in China. Such a study will precisely help answer why an increasing number of foreign parties have started to choose the BAC for resolving their disputes. The key to this article is to offer an analysing insight into some key principles and values which are the foundation of the BAC’s expertise, as well as some practical tips under the BAC Arbitration Rules.
Original Source: LexisNexis