"May you live in interesting times" is often referred to as a Chinese curse, and it seems to have fallen upon me during my tenure as president of the ICA. At press time, the number of open arbitrations at the ICA has surpassed 200, almost doubling therecord set in 2008 and quadrupling the annual average — and the pace isn't slowing down. The current situation begs the question: How can the ICA promote a safe trading environment and reduce counterparty exposure risk? One way is to emphasize an internationalization process as we have in recent years, not only in our board structure, but also in our membership base.
展开▼
