Model Arbitration
Clause
"Any dispute arising from or in connection with
this Contract shall be submitted to China International Economic
and Trade Arbitration Commission for arbitration which shall be
conducted in accordance with the Commission's arbitration rules in
effect at the time of applying for arbitration. The arbitral award
is final and binding upon both parties."
Model Arbitration Clause for
Financial Disputes
"Any dispute arising from or in connection
with this Contract or this transaction shall be submitted for
arbitration to China International Economic and Trade Arbitration
Commission and such arbitration shall be conducted in accordance
with the Financial Arbitration Rules of the Arbitration
Commission."