Since its establishment, the Wuxi International Commercial Court has concluded 234 foreign-related commercial cases involving 38 countries and regions, with the amount in controversy of CNY 2.208 billion. Among them, contract and corporate disputes accounted for 93.1%.
The ten typical cases concern the ascertainment of foreign law in international commercial disputes. The court utilized various methods, including consultation with Chinese and foreign legal experts and online resources, to ascertain the laws of countries such as Singapore, Australia, Indonesia, and Germany, as well as international treaties.
In recent years, China’s Supreme People’s Court (SPC) has not only set up the First and Second International Commercial Courts (CICC) in Shenzhen and Xi’an but also supported the establishment of local international commercial courts in 12 regions with a high concentration of foreign-related cases, including Suzhou, Beijing, Chengdu, Xiamen, Changchun, Quanzhou, Wuxi, Nanning, Hangzhou, Ningbo, Nanjing, and Qingdao.
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Contributors: CJO Staff Contributors Team