Arbitration builds on progress in Asia

The arbitration landscape has dramatically changed in Asia in recent years and new developments involving CIETAC - the leading arbitral institution in China - may have a wider impact on the growth of arbitration in the region.

The China International Economic and Trade Arbitration Commission and its peers in the region are being used increasingly by commercial parties to resolve disputes away from local courts, which are often viewed as inefficient, parochial or worse.

via Business feed http://www.scmp.com/business/companies/article/1274205/arbitration-builds-progress-asia