China’s top legislature is set to vote this week on revisions to the country’s consumer rights law that promise higher compensation for consumer losses, Xinhua reported Monday. The bill was tabled for a third reading on Monday to a bi-monthly session of the Standing Committee of the National People’s Congress, the report said. The bill defines higher compensation for consumers who die or are seriously injured due to faulty products knowingly sold by dealers. Dealers have to compensate consumers for economic and psychological losses and pay “punitive” compensation of up to “twice the amount of the loss”, the report said.
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