The Asia-Pacific region has seen a surge in the use of arbitration in recent years. Although it is difficult to draw general conclusions about a large and incredibly diverse geographical region that stretches from French Polynesia to India to Mongolia, the increased use of arbitration by Asia-Pacific parties has been a consistent trend over the past decade, and shows no sign of declining. For example, the Singapore International Arbitration Centre (SIAC) recently announced that it administered an all-time record number of 343 new cases in 2016, up 27 per cent from 271 new cases in 2015 and nearly quadruple the number of new cases in 2006. The Chinese International Economic and Trade Arbitration Commission (CIETAC) administered its all-time high of 1,968 new domestic and foreign-related cases in 2015, up from only 981 cases in 2006.
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