在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
China
Home / China / Society

Top court helps resolve $10 million cross-border commercial dispute

By CAO YIN | chinadaily.com.cn | Updated: 2025-06-19 21:26
Share
Share - WeChat

Thanks to efforts by China's top court, an international commercial dispute involving about $10 million was resolved through mediation Thursday, marking a mutually beneficial outcome for parties across Eurasia.

The First International Commercial Court of the Supreme People's Court said the case stemmed from a contractual dispute between a Swiss company and a firm based in Shenzhen, Guangdong province. The London Metal Exchange had initially ruled in favor of the Swiss company, ordering the Chinese firm to pay nearly $10 million in compensation.

However, the Shenzhen company later deregistered without notifying its Swiss counterpart. Unable to collect the compensation, the Swiss firm turned to the China International Commercial Court, which was established by the top court to handle cross-border disputes.

Adhering to the principle of equal protection for both domestic and foreign parties, the court facilitated a comprehensive exchange of evidence during pretrial meetings. It also worked closely with both sides to understand their needs, taking into account their ongoing trade relationship and potential for future cooperation.

When the parties indicated a willingness to settle, the panel of judges helped mitigate risks related to international currency fluctuations to ensure the stability of the final settlement. The court also helped streamline internal approval procedures at the involved companies, significantly reducing the time needed for the mediation agreement to take effect.

"Our goal was to resolve the dispute substantively in one go, thereby minimizing costs while maximizing the protection of the litigants," said presiding judge Shen Hongyu.

"This case has not only exemplified Chinese courts' commitment to fair, efficient, convenient and low-cost dispute resolution, but also highlighted our judicial responsibility in fostering a first-class business environment characterized by market orientation, rule of law and internationalization," she said.

As of June, the China International Commercial Court has handled 42 international cases, 36 of which have been concluded, according to Long Fei, a senior judge in the court's Fourth Civil Division.

Litigants came from 21 countries, including Italy, Japan, South Korea, Singapore and the United States. Nearly 20 percent of the concluded cases were resolved through mediation, Long said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 狠狠躁夜夜躁人人爽天天高潮 | 日韩成人在线视频 | 国产一区免费在线观看 | 涩涩视频在线看 | www久久av| 欧美日本乱大交xxxxx | 亚洲日本午夜 | 超碰免费在线观看 | 日韩三级电影视频 | 九久久久久 | 国产欧美一区二区 | 精品久久久久久久久久久 | 羞羞av在线 | 五月婷在线视频 | 中文字幕一区二区三区乱码在线 | 中文字幕一区二区三区乱码图片 | 国产精品18hdxxxⅹ在线 | 蜜桃视频精品 | 91精品福利 | 亚洲国产视频一区 | 午夜激情福利视频 | 美女131mm久久爽爽免费 | 欧美性猛片aaaaaaa做受 | 国产日韩欧美视频 | 中文字幕在线看 | 毛片在线免费 | 黄色在线小视频 | 欧美经典一区 | 国产成人精品av | www国产亚洲精品久久网站 | 尤物99av写真在线 | 久久久免费观看 | 亚洲黄色免费网站 | 免费在线看a| 久久久久久91 | 欧美日韩国产一区二区三区不卡 | 免费激情网站 | 精品国产不卡一区二区三区 | 午夜精品久久久久久久久久久久久蜜桃 | 一本色道精品久久一区二区三区 | 亚洲精品久久久久久一区二区 |