News Snapshot:
Chinese Premier Li Keqiang has hailed an agreement to establish a centre in Hong Kong to handle trade and investment disputes pertaining to Asia and Africa, saying it will strengthen the city’s role as an arbitration hub. Speaking via videoconference at the three-day annual session of the Asian-African Legal Consultative Organisation – which kicked off in Hong Kong for the first time on Monday – Li said the new centre would “provide more convenient and efficient dispute resolution services” for parties in both regions. The new arbitration centre, to be set up this year, is the result of an agreement...
