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Consumer

China doubles reward for consumer fraud whistleblowers to up to $155,000

Beijing looks to increase scrutiny on businesses as product complaints surge

Chinese consumers who report food safety problems to the government can receive a share of any penalties paid by the company.   © Reuters

BEIJING -- The Chinese government will offer rewards of up to 1 million yuan ($155,000) for reports of safety problems or misconduct involving consumer products, double the current ceiling, to encourage employees and the public to blow the whistle on corporate wrongdoing.

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