Perspective
May 13, 2011
The Benefits of Bilateral Investment Treaties When Investing in China
Bilateral investment treaties operate as "free insurance" with its minimal costs and direct benefits. By Allan Marson, Grant Hanessian, and Michiel Kloes of Baker & McKenzie
When investing abroad, one should not only take tax considerations into account, but also the protections offered by bilateral investment treaties. These protections are often overlooked when structuring foreign investments until the value of existing investments is threatened by hostile government action. However, as shown by the recent ExxonMobil case, one would be mistaken not to take the protection of ...
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