1-- Let's talk about arbitration, shall we?
 
2-- OK, must the arbitration be gone through only in China?
 
1-- No, arbitration can be conducted either in China or in other countries.
 
2-- Then first I want to know more about the arbitration in China to decide whether to have arbitration in China.
 
1-- All right. I will tell you in details.
 
2-- Is the cost of the arbitration in China very high?
 
1-- No, it isn't. If you submit your dispute to arbitration, you only need to pay a resonable fee to the China International Economic and Trade Arbitration Commission according to the Arbitration Fee Schedule.
 
2-- What if one party doesn't follow the decision and award?
 
1-- If things like that happen, the People's Court in China can enforce it at the request of the other party. But dispute are usually settled by friendly negotiation between the two parties.
 
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注解：
 
1.arbitration仲裁
2.dispute争议   
3.decision决定
 
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译文：
 
1-- 我们来谈谈仲裁问题好吗？
2-- 好的，冲裁只能在中国进行吗？
1-- 不，仲裁可以在中国进行，也可以在其他国家进行。
2-- 那么我想先了解一下中国的情况，以便决定是否在中国进行仲裁。
1-- 好的，我会向您详细介绍的。
2-- 中国的仲裁费高吗？
1-- 不高。如果您要对争议进行仲裁的话，您只需要根据仲裁费用表的规定向中国国际经贸仲裁委员会缴纳合理的费用。
2-- 如果一方不执行仲裁的决定和判决该怎么办？
1-- 如果出现了这种情况，中国人民法院可以根据另一方的要求强行执行。但是争议通常是通过双方的友好协商加以解决的。