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Since China adopted its ‘open door’ policy in 1978, which altered its development strategy from self-sufficiency to active participation in the world market and aimed at attracting foreign investment to fuel its economic development, the underlying policy for mobilising inward foreign direct investment (fdi) remains unchanged to date: to assist the readjustment of China’s economy; to coordinate its modernisation programs; and to improve its quality of life. With the 1997 launch of the ‘going global’ policy, an outward focus regarding foreign investment has been added, to circumvent trade barriers and improve the competitiveness of Chinese firms, typically its state-owned enterprises (soes). In order to accommodate inward and outward fdi, China’s participation in the international investment regime has underpinned its efforts to join multilateral investment-related legal instruments and conclude international investment agreements (iias). Because of its bitter history of signing ‘unequal treaties’, unlike other countries China’s participation in the international investment regime did not start with the conclusion of Friendship, Commerce and Navigation (fcn) treaties. Instead, it started by selectively concluding bilateral investment treaties (bits) with developed countries (major capital-exporting states to China at that time), signing its first bit with Sweden in 1982. Despite being a latecomer, over time China’s experience and practice with the international investment regime have allowed it to evolve towards liberalising its iias regime and balancing the duties and benefits associated with iias. This chapter posits that China is deploying its international investment policy on three levels, namely, bilateral (in the form of bits), regional (in the form of free trade agreements including investment matters), and global (such as the
Abstract
This article analyses the impact of China and, even more importantly, Chinese individuals on the governance of domain names, which form the fundamental structure of the Internet commons. Many commons exist in physical space, but increasingly, commons in digital space will be overexploited, and that is why the Internet and its interconnections, made of an unlimited number of domain names, need to be carefully regulated. Internet domain names are true economic assets which raise important legal issues in China and in the rest of the world. This article reviews the key developments in case law over the last decade with a focus on China. Interestingly, at least 35% of domain name disputes involve a Chinese responding party. The article shows that, despite being a major provider of users, China was never involved in the regulation and design of the Internet. In fact, China has rather emerged as a rule-shaker, given the large involvement of Chinese cybersquatters in the domain names case law. Fundamentally, this article shows that there is a tension between Internet control in China and global interconnection, which has had direct consequences for China’s engagement with ICANN and other institutions in charge of DNS globally.
In September 2020, an ICSID tribunal rendered its decision on the Respondent’s Jurisdictional Objections in Raiffeisen v Croatia, two years after the ICSID Chairman of the Administrative Council rejected Croatia’s application to disqualify Dr. Stanimir Alexandrov as a member of the tribunal. The decision on the Respondent’s Jurisdictional Objections concerns the interpretation of the Austria- Croatia bit and its compatibility with the EU acquis. This case- note addresses both the decision on the Respondent’s Jurisdictional Objections and the Chairman of the Administrative Council’s decision on the proposed disqualification of Dr. Alexandrov. In so doing, it focuses on three key issues: the selection and conduct of the arbitrator that gave rise to disqualification, and the role played by ICSID in the process; the interrelation between investment treaties, EU Law, and EU Member States; and the implementation of the vclt for termination of treaties covering similar subject matter.