Hey there! Did you know that in China, there’s a special court that helps solve big problems between companies from different countries? 🌍🏦 It’s called the China International Commercial Court, or CICC for short.
Recently, the CICC held a special trial in Shanghai. This trial was about a disagreement between some foreign (from other countries) and Chinese (from China) business owners. They were arguing about things like who owns what part of the company and how the company should be run.
What’s super cool is that the CICC doesn’t just help solve these problems. They also teach people about the law and how to handle international business disagreements. 🧑⚖️📚 They even invited over 80 people to watch the trial, including experts and students!
People from other countries who saw the trial thought it was great! They said it helps make sure businesses know the rules and can work together better. 🤝
This is important because China wants to work more with other countries. By having courts like the CICC, they make it easier for international businesses to solve problems fairly and quickly. That way, everyone can focus on doing business and making cool new things! 🏗️🚀
Reference(s):
China commercial court strengthens its cross-border dispute status
cgtn.com
