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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.

Set to begin in December, the bigger incentives respond to a steady rise in consumer complaints driven by the online shopping boom of recent years.

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