Recent developments The China International Economic and Trade Arbitration Commission (“CIETAC”) has recently published its new arbitration rules (the “2015 Rules”) bringing China’s arbitration regime closer to international practices. The 2015 Rules amend CIETAC’s current rules implemented on May 1, 2012 (the “2012 Rules”) and came into effect on January 1, 2015. The changes in the 2015 Rules are substantial. Among other things, they provide for complex arbitrations including multi-party and multi-contract arbitrations – single…