International Arbitration newsflash: CIETAC's New Arbitration Rules 2012
21 March 2012
As from Tuesday 1 May 2012, a new set of arbitration rules ("the New Rules") will come into force for arbitrations administered by the China International Economic and Trade Arbitration Commission ("CIETAC"). The New Rules replace the existing Rules which have been in place since 1 May 2005 ("the Old Rules").
This article will examine highlights of the changes and raise some issues arising from the New Rules.