​China's arbitration enforcement affects foreign enterprises

China's arbitration enforcement affects foreign enterprises
 
 
An arbitrator resolves a disagreement between two parties in arbitration. China's legal structure facilitates arbitration award enforcement, making it more predictable, quicker, and cheaper. It also raises the likelihood that a foreign corporation can enforce its arbitration judgment in China.
Arbitration?
 
Arbitration?
An arbitrator resolves a disagreement between two parties in arbitration. Arbitration is binding. Therefore the arbitrator's judgment is final and cannot be challenged.
How do arbitration awards vary from court judgments?
 
Arbitrators decide disputes between parties via arbitration awards. An arbitration award binds the losing party to the arrangement. Court judgments are not necessarily binding. Judges give judgments.