The Comparisons on the International Arbitration Systems between Korea and China

한.중 국제중재제도의 비교와 시사점

  • Received : 2010.04.30
  • Accepted : 2010.05.23
  • Published : 2010.05.30

Abstract

The rapid growth of Korea-China trade that was since the establishment of diplomatic relations in 1992, led China to surpass the United States and Japan to become Korea's largest trading partner in 2009. "The largest trade" also means "the most disputes", so it is essential to study on dispute settlement and enforcement system of the two. Therefore, in order to make the traders correctly understand and use the arbitration as a dispute settlement method in both China and Korea, this article makes a comparative study on arbitration system between the two countries. And finally, it analyzes the enforcement situation of arbitral award in China, then provides the author's personal recommendations as a countermeasure against the poor enforcement system in China.

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Acknowledgement

Supported by : 한국학술진흥재단