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China by Royco is a document available to read on EtoBox.

The new PRC Tort Liability Law expands company liabilities for defective products. It clarifies that injured parties can seek damages from both producers and sellers of defective products. It also introduces punitive damages if a party knowingly produced or sold defective products that caused injury. This represents a major change and increases risks for companies. They should re-examine quality control systems and product recall plans to mitigate new risks under the stricter law.

Author
Royco
Language
EN