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China's International Investment StrategyBilateral, Regional, and Global Law and Policy$
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Julien Chaisse

Print publication date: 2019

Print ISBN-13: 9780198827450

Published to Oxford Scholarship Online: April 2019

DOI: 10.1093/oso/9780198827450.001.0001

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Addressing Sustainable Development Concerns through IIAs

Addressing Sustainable Development Concerns through IIAs

A Preliminary Assessment of Chinese IIAs

Chapter:
(p.100) 6 Addressing Sustainable Development Concerns through IIAs
Source:
China's International Investment Strategy
Author(s):

Manjiao Chi

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198827450.003.0007

The international communities are confronted with profound sustainable development challenges. International investment law, especially international investment agreements (IIAs), appears insufficiently effective in addressing such challenges associated with transnational investment activities. Recently, many governmental bodies, non-governmental organizations (NGOs), and international organizations have gone knee-deep into projecting and promoting sustainable development-compatible (inclusive) IIAs. From the standpoint of China, although China hosts a large amount of IIAs and has a clear awareness of promoting sustainable investment, its IIAs appear inadequately compatible with sustainable development. Against the backdrop of the Chinese sustainable development challenges, this chapter examines the sustainable development provisions contained in Chinese IIAs, assesses their usefulness and insufficiencies, and observes that China needs to make further efforts in making sustainable development-compatible IIAs.

Keywords:   sustainable development, international investment law, environmental provision, labour rights provision, transparency provision, foreign direct investment, investor–state dispute settlement, multi-national enterprises

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