Clifford Chance

English Law and International Arbitration for China's Belt and Road

19 June 2019

Belt and Road Initiative (BRI) projects involve complex contractual arrangements with numerous parties including investors, financiers, consultants and advisers, construction contractors and government or state-owned enterprises. Many projects are both politically and technically challenging. Investors potentially face political instability, project delays, cost overruns and possibly, in the worst case, even project abandonment. With a myriad of different legal and regulatory systems potentially involved in cross-border infrastructure projects, the risks of disputes arising are real.

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