TITLE

China Tort Reforms Hike Western Risks

AUTHOR(S)
Pozzi, Steven R.
PUB. DATE
December 2010
SOURCE
Best's Review;Dec2010, Vol. 111 Issue 8, p58
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article, the author discusses the risks caused by tort reforms in China. He points out that local companies in the country and other Asian countries tend to forgo purchasing liability insurance unless required. He stresses that the country's tort law is expected to prompt exposure scrutiny. He anticipates that the European and U.S. companies, with their Chinese counterparts, may encounter greater litigation risk for product defects.
ACCESSION #
56661114

 

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