Institution profile: CIETAC (China)

Summary of findings

  • Number of arbitrations filed per year has steadily increased with an accelerated growth since 2012.
  • Sales of goods disputes have dominated (35%). Electromechanical equipment (15%) and share, investment and transfer (10%) occupy second and third place, respectively.
  • The highest amount in dispute in a single case was $10.43 billion in 2017.