International Arbitration service in HONG KONG

• Hong Kong has close link with Mainland China, it has bilingual advantage, cluster of professionals, independent legal system and arbitration enforcement.
• In 2007, Hong Kong had 448 international arbitration cases, rank number 4 in the world after China, America and ICC.
• In 2007, there are 20 cases with 2 Chinese parties in Hong Kong.
• Average costs in Hong Kong is USD264,000 to 314,000, more or less the costs in London, (break down figures: lawyers 220,000 - 264,000, arbitrator and administration 32,000 - 38,000, miscellaneous including hotel 11,000, all in USD).
• Ideal venue of sino-foreign arbitration, reciprocal enforcement.