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International Law

BLR

ExpressO

2007

Bilateral investment treaties

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Tearing Down The Great Wall – The New Generation Investment Treaties Of The People’S Republic Of China, Stephan W. Schill Jan 2007

Tearing Down The Great Wall – The New Generation Investment Treaties Of The People’S Republic Of China, Stephan W. Schill

ExpressO

The People’s Republic of China (PRC or China) has emerged as the world’s prime destination of foreign investment in the developing world and is continuously strengthening its position as a source of outward foreign investment, notably in Asia and Africa. In this context, the PRC has concluded over 110 bilateral investment treaties (BITs) that grant protection against expropriation and establish other standards of treatment for foreign investors in China and Chinese investors abroad.

While the PRC was originally hesitant regarding international investment protection, the country started, beginning in the late 1990’s, entering into new generation BITs that break with her …