英文摘要 |
A BIT negotiation may be divided into rule negotiation and concession negotiation. Since rules reflect principles and constitute basis for concessions, determine the “quality” of obligation while concessions show the quantity”, and the rules of BITs shall shape the future international investment system, much attention should be paid to rule negotiation rather than concession negotiation. So far as Sino-US BIT negotiation is concerned, since it will give much influence on future international investment system, determine the tolerance of international economic order towards “Chinese Model”, and constitute a test for Chinese government’s ability for“institutional power”, the negotiation shall not shift rashly from rule negotiation to concession negotiation. |