China has revised its Arbitration Law for the first time since 1994, aiming to bolster its international arbitration capabilities. However, legal experts believe that building trust among foreign parties, particularly from Western countries, is the primary challenge. The success of these reforms hinges not on legal design but on fostering confidence in China as a neutral venue for commercial dispute resolution. AI
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RANK_REASON This article discusses a significant overhaul of China's commercial dispute framework, impacting international business relations. [lever_c_demoted from significant: ic=1 ai=0.0]
