China has decided to set up three international courts to deal with disputes related to its multi-billion dollar Belt and Road Initiative (BRI), under which it is making massive investments. <br/><br/>The state-run Xinhua news agency reported today, the Chinese Supreme People's Court will set up international courts in Beijing, Xi'an, the capital of Shaanxi Province and Shenzhen. The Xi'an court in Northwest China will handle cases related to the Silk Road and the Shenzhen court in South China with those related to Maritime Silk Road disputes. <br/><br/>Beijing will be the headquarters. The courts will weigh litigation, arbitration and mediation, providing legal support and solving initiative disputes.<br/><br/>China says over 60 countries have signed up for BRI investments. The BRI includes the China Pakistan Economic Corridor (CPEC), over which India has protested as it traverses through Pakistan-occupied Kashmir (PoK). <br/><br/>Proposed by Chinese President Xi Jinping, the BRI focuses on connectivity and cooperation between Eurasian countries, primarily with China.<br/><br/>It is not yet clear how the three courts will deal with cases from different countries which have diverse legal system.
News On AIR | January 26, 2018 9:24 PM
China to set up international courts to deal with BRI cases