Focus (Forum & Focus)
Nov. 29, 2007
Mediation Could Be Key to Improving U.S.-Chinese Business Relations
Forum Column - By Thomas J. Stipanowich - Ancient Chinese customs and modern American business acumen look poised to reshape the commercial relationship between the two countries.
By Thomas J. Stipanowich
The emergence of China as a leading trading partner of the United States has prompted serious discussions about how to resolve disputes between Western companies and their Chinese business associates. Fearful of ending up in court, businesses usually agree to submit controversies to private arbitrators for a binding decision if negotiations fail. But binding arbitration can be risky and, l...
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