Left image: gnomeandi/Shutterstock.com
Right image: Peter Gudella/Shutterstock.com
The worsening food crisis around the world has made the China–Laos Railway, which opened in December 2021, even more important to China. Has China taken steps to help Laos so that the latter can manage related legal risks better? From China’s perspective, helping Laos maximize its benefits from this USD 6 billion railway project while minimizing the risks involved will strengthen the two countries’ relations and bode well for China’s presence in that region.
Image: Kevin Casper, San Jose Costa Rica, Publicdomainpictures.net
In February 2019, the Supreme People’s Court of China released Guiding Case No. 109 and five other Guiding Cases to illustrate how Chinese courts handled issues related to the country’s Belt and Road Initiative. Guiding Case No. 109 specifically shows the Supreme People’s Court’s firm adherence to legal rules and principles that protect the value of the “payment on demand” system of independent guarantees.