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Against a background of worldwide competition among jurisdictions to host arbitral proceedings in the wake of globalization, the very special advantages of Macau are rising inexorably. A European settlement since the sixteenth century, this Portuguese-speaking city on China’s south coast has been positioning itself as an exemplary East–West trade centre since China’s famous ‘opening’ to the West in the 1970s. Now, diversifying its role as a service platform, Macau is poised to become a preeminent locus for commercial arbitration between China and the major developed and emerging trade nations of the West – of particular interest to its major Lusophone counterparts Brazil, Angola, Mozambique, and Portugal, but, because of its traditional and highly developed ‘Europeanness,’ to other major trading jurisdictions as well.
This book does not only provide thoroughgoing answers to the question, ‘Why should arbitration proceedings take place in Macau?’ – it goes far deeper, examining Macau’s current legal and economic systems and ultimately offering a ‘roadmap’ to facilitate the emergence – and international acceptance – of Macau as a prime focus for international commercial arbitration involving China. Among the topics arising in the course of the analysis are the following:
The book’s combination of global awareness and local administrative detail is sure to resonate with a wide spectrum of interested parties in legal and arbitral practice, government, and academia.