China opens global mediation body in Hong Kong
dw.com —
China established a new global mediation organization in Hong Kong, aiming to rival established international legal bodies. Over 30 developing nations have signed the convention. The new organization, the International Organization for Mediation (IOMed), seeks to resolve international disputes through mediation. Founding members include Laos, Cambodia, and Pakistan, among others, following the lead of Chinese Foreign Minister Wang Yi. This move, supported by numerous developing countries, reflects China's increasing global influence, particularly as the United States' presence in international affairs diminishes. The organization aims to solidify Hong Kong's role in international legal services.