China’s business hub has seen an 81 per cent increase in international business lawsuits in each of the last three years, according to Shanghai High People’s Court.
“Most of them involved international purchasing, investing in Shanghai, maritime cargo transportation and ship collisions,” said Pan Furen, deputy president of Shanghai High People’s Court.”Companies and individuals from nearly 50 countries have filed lawsuits or have been charged in Shanghai. This includes people from the United States, France, Britain and Germany,” Pan said.