LNB News 11/12/2024
Document Information
Issue Date: 11 December 2024
Published Date: 11 December 2024
Jurisdiction(s): World
The Hong Kong International Arbitration Centre (HKIAC) has announced the establishment of its Beijing Representative Office, marking a significant milestone as the first offshore arbitration institution to set up in Beijing. Set to open on 16 December 2024, the new office will complement HKIAC's existing Shanghai presence, focusing on capacity-building, training, and fostering exchanges within China's arbitration community. The move builds on HKIAC's strong reputation in China-related arbitrations, with 40% of its cases involving Mainland Chinese parties. HKIAC's diverse governance structure and bilingual capabilities position it well to serve both Chinese and international clients. This expansion aims to further HKIAC's role in advancing international arbitration by bridging Chinese and global practitioners as Beijing develops as an international dispute resolution centre.
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