Title: The Development of Investment Dispute Resolution Under the Belt and Road Initiative

Authors: Qi Tong, Yu Dan

Abstract: The objective of this article is to provide an overview of: first, the present situation and challenges faced by investment disputes under the Belt and Road Initiative (BRI) in recent years; second, the factors influencing the development of investment dispute resolution mechanisms under the BRI, including the updating and modernization of investment treaties, revisions to domestic laws such as the Law on Foreign State Immunity and the Arbitration Law, as well as the impact of institutional setup, rules, and arbitrators; and third proposals for improving the investment dispute resolution mechanism under the BRI, including promoting the integration of regional investment dispute resolution mechanisms, diversifying dispute prevention and mediation, fostering the rule of law in the business environment of BRI countries, and reforming and modernizing China’s investment treaties.

Keywords: International Investment Law, Belt and Road Initiative (BRI), Investment Dispute Settlement Mechanism, Investor–State Dispute Settlement (ISDS)