The China-EU BIT and the Emerging 'Global BIT 2.0'

ICSID Review, Vol. 30, No. 1 (2015), pp. 260-267

8 Pages Posted: 6 Jan 2017

See all articles by Wenhua Shan

Wenhua Shan

Xi'an Jiaotong University (XJTU)

Lu Wang

University of New South Wales (UNSW) - Faculty of Law

Date Written: November 3, 2014

Abstract

Since China and the European Union (EU) announced their decision to negotiate a bilateral investment treaty (BIT) at the 14th China-EU Summit in February 2012, the two sides have engaged in two rounds of negotiations. As the first standalone BIT that the EU has attempted to negotiate and a treaty between two of the world’s largest economies, the China-EU BIT is bound to occupy a unique place in the world history of BIT negotiations. This note attempts to assess the key issues that are likely to be involved in the negotiations of the BIT and its global implications. It concludes that, while there are many tough issues to tackle in the negotiations, a successful China-EU BIT is likely to become a symbol for the emerging ‘Global BIT 2.0.’

Keywords: China-EU BIT; 'Global BIT 2.0'; market access; socialization; dispute solution

JEL Classification: K33

Suggested Citation

Shan, Wenhua and Wang, Lu, The China-EU BIT and the Emerging 'Global BIT 2.0' (November 3, 2014). ICSID Review, Vol. 30, No. 1 (2015), pp. 260-267, Available at SSRN: https://ssrn.com/abstract=2893067

Wenhua Shan

Xi'an Jiaotong University (XJTU) ( email )

26 Xianning W Rd.
Xi'an Jiao Tong University
Xi'an, Shaanxi 710049
China

Lu Wang (Contact Author)

University of New South Wales (UNSW) - Faculty of Law ( email )

Kensington
High St
Sydney, NSW 2052
Australia
+61(2)93856871 (Phone)

HOME PAGE: http://www.law.unsw.edu.au/profile/lu-wang

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