How to resolve the CIETAC dispute: rebranding
April 26, 2013 | BY
clpstaffThe bitter dispute between CIETAC and its sub-commissions that has cast a shadow over dispute resolution in China may finally be over with the establishment of the Shanghai International Arbitration Centre
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It has almost been a year since CIETAC's amended Arbitration Rules came into effect on May 1 2012. After those new Rules came out, the Shanghai sub-commission of CIETAC declared that it was an independent arbitration body and would follow its own rules and appoint its own panel of arbitrators.
The South China sub-commission in Shenzhen followed Shanghai, creating a public battle involving China's oldest arbitration institution. Financial gains, independence and objections to the amended Arbitration Rules were all given as reasons for the breakaway.