Chinese arbitration system under fire: Calls for major reforms to restore trust.
The article discusses the issues with the arbitration system in China and suggests ways to improve it. By looking at laws, comments from scholars, and international perspectives, it identifies reasons why Chinese arbitration is questioned by foreigners. The suggestions include updating the Arbitration Law with international standards, making arbitration more market-driven and professional, forming a Chinese arbitration association to manage arbitrators, and giving courts the power to oversee arbitration effectively.