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- W3186202425 abstract "Some critics argue that China has adopted one of the most restrictive reciprocity systems with respect to judgment recognition and enforcement (JRE) in the world. However, in 2016 and 2017, Chinese courts, in two unprecedented moves, recognized and enforced commercial monetary judgments rendered in Singapore and the United States, based on the principle of reciprocity. This Article scrutinizes this promising development with a comparative study of the laws concerning JRE in the United States, European Union, United Kingdom, Australia and Hong Kong. More importantly, it analyzes prospective challenges and proposes four solutions: (1) reconciling JRE under a treaty and JRE according to reciprocity; (2) transitioning from de facto reciprocity to de jure reciprocity; (3) determining requirements for JRE according to reciprocity; and (4) adding defenses against JRE according to reciprocity. This is a timely effort to help develop the Chinese JRE system in the context of the “One Belt One Road” initiative. Additionally, this Article also has broad international implications for other jurisdictions contemplating JRE, as it discusses the controversial values, contents, and practical regime required to realize JRE according to reciprocity." @default.
- W3186202425 created "2021-08-02" @default.
- W3186202425 creator A5037741073 @default.
- W3186202425 date "2019-03-10" @default.
- W3186202425 modified "2023-09-23" @default.
- W3186202425 title "Enforcing Foreign Monetary Judgments in China: Breakthroughs, Challenges, and Solutions in the Context of 'One Belt One Road'" @default.
- W3186202425 hasPublicationYear "2019" @default.
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