Trade & investment

Tribunal rejects jurisdiction over panda reserve dispute: the scope of PRC BITs set out in black and white

Tribunal rejects jurisdiction over panda reserve dispute: the scope of PRC BITs set out in black and white

17 March 2023
By Edwina Kwan, Amanda Lees, Domenico Cucinotta, Annie Zou, Sarah Jones
The Tribunal’s decision in AsiaPhos v People’s Republic of China highlights that Chinese outbound and inbound investors alike should carefully consider the scope of protections under PRC BITs when structuring investments into or from the PRC so as to ensure they have an effective remedy should they be treated unfairly by the host State.
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