China's Belt & Road Initiative (BRI) to increase trade
and improve regional connectivity promises both excitement and
uncertainty to all involved regions. An inevitable consequence of
stimulated trading between parties is the prospect of disputes. In
response to this, on 29 June 2018 the Supreme People's Court of
China (SPC) established two international commercial courts (CICCs)
to specifically handle international disputes arising from the BRI
and to provide a 'one-stop dispute resolution mechanism'
for parties. In this article we set out the jurisdiction of the
CICCs, explain the role of the CICC Expert Committee and look at
the key provisions under the CICC Rules of Procedure (trial
implementation) (the CICC rules).
