Enforcement of Foreign Arbitral Awards in China
Enforcement of Foreign Arbitral Awards in China

Are NNN Agreement Enforceable in China?

If you believe that the Chinese company does not comply with the NNN agreement, you may resolve the dispute via arbitration outside of China and enforce the arbitral award in China.

Enforcing Arbitral Awards in China While Arbitration in Another Country/Region

Can I initiate arbitration proceedings against Chinese companies in my country and then have the awards enforced in China? You probably don’t want to go to faraway China to sue a Chinese company, and you don’t want to agree in the contract to submit the dispute to an arbitration institution that you don’t know about.

Time and Expenses – Recognition and Enforcement of Foreign Arbitral Awards in China

For the recognition or enforcement of foreign arbitral awards in China, the average length of proceedings is 596 days, the court costs are no more than 1.35% of the amount in controversy or 500 CNY, and the attorney’s fees are, on average, 7.6% of the amount in controversy.