Conflict of Laws in the People’s Republic of China
Show Less

Conflict of Laws in the People’s Republic of China

  • Elgar Asian Commercial Law and Practice series

Zheng Sophia Tang, Yongping Xiao and Zhengxin Huo

The area of conflict of laws in China has undergone fundamental development in the past three decades and the most recent changes in the 2010s, regarding both jurisdiction and choice of law rules, mark the establishment of modern Chinese conflicts system. Jointly written by three professors from both China and the UK, this book provides the most up-to-date and comprehensive analysis of Chinese conflict of laws in civil and commercial matters. It takes into account the latest developments in legislation and judicial interpretation, case law and judicial practice, and historical, political and economic background, especially recognizing the scholarly contribution made by Chinese scholars to this field.
Buy Book in Print
Show Summary Details

Chapter 7: RECOGNITION AND ENFORCEMENT OF ARBITRAL AWARDS IN CHINESE COURTS

Zheng Sophia Tang, Yongping Xiao and Zhengxin Huo

Extract

Recognition and enforcement of foreign judgments is a traditional difficulty in international society. The difficulty exists not only in China but also in many other countries in the world. Comparatively, arbitration provides an alternative way out. Arbitration can provide a relatively neutral and effective forum for the resolution of transnational commercial disputes. It is based on the parties’ consent and cooperation, and many losing parties simply enforce the awards voluntarily. However, when the losing party fails to perform promptly, arbitrators lack the necessary authority to enforce their awards. The prevailing party thus has to turn to the courts for help. Which national court may or should be seized to recognize and enforce the arbitral award? This depends on the individual case and the choice of the prevailing party. Normally the place of arbitration is chosen by the parties, it may be a place with which they have no objective connection. The place of enforcement is usually the place where the defaulting party’s assets are located. It would be useless, for instance, to obtain an enforcement order in Chinese courts for seizure and sale of the defaulting party’s goods and chattels located outside the PRC. Nor would it be useful to secure an order for the attachment of the defaulting party’s bank accounts in China, if these accounts turn out to be overdrawn. This is the reason why an international award needs to be recognized and enforced in a foreign country constantly, not merely in the country in which the arbitral award was made.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.