Thursday, September 22, 2005

Keeping the Stockholm clause alive...

Stockholm has an oddly close connection with China business: Sweden was one of the first countries in the world to recognise the fledgling PRC back in 1950 and, as such, has long been favoured by the Beijing authorities. For many years, the standard international dispute resolution clause in most Chinese contracts with foreign partners called for arbitration in Stockholm.

The interest obviously remains as we read about the country's top business magazine and a new China special:

Top Swedish business magazine devotes special issue to China: "Veckans Affarer, the largest business weekly of Sweden, held a symposium on Chinese economy in Stockholm on September 20, and launched a 156-page special issue on China."

(Via People's Daily Online.)

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