Monday, June 4, 2012

China to Expand Trade of Mechanical and Electronic Products: Chinese Whistleblowers Are Needed To Expose Electronics Export Fraud by China Export Fraud Whistleblower Lawyer and China Foreign Corrupt Practices Act Whistleblower Lawyer Jason S. Coomer

International Whistleblower Reward Laws Encourage Chinese Whistleblowers and International Whistleblowers to Expose Chinese Government Official Bribes, Chinese Public Official Illegal Kickbacks, and other Chinese Government Corruption which are Violations of the Foreign Corrupt Practices Act by China International Business Bribe Whistleblower Lawyer, China International Bribery Scheme Lawyer, and China Foreign Corrupt Practices Act Whistleblower Lawyer Jason S. Coomer

Multinational Corporations that pay illegal kickbacks and bribes to Chinese government officials and former Chinese government officials in exchange for Chinese construction contracts, Chinese public health care pharmaceutical contracts, customs false certifications through Chinese ports, and other international business advantages can be brought to justice and made to pay large penalties under the Foreign Corrupt Practices Act and the China bribery scheme international whistleblower that exposes these foreign corporations are granted protections and may be able to collect large economic rewards under new international whistleblower laws.
China to expand trade of mechanical, electronic products |Economy |

BEIJING - China's exports and imports of mechanical and electronic products will see an averaged annual growth of 10 percent during the coming five years to reach 25 trillion US dollars by 2015, according to the sector's development plan released Monday.

The plan for the 2011-2015 period said China will further improve product quality and boost the ratio of high-tech products in its exports, according to a statement posted on the ministry's website.
It will further diversify its markets to make exports to the emerging countries account for 40 percent of the total, the statement said.

It will also actively promote imports of advanced technology equipment and key components and take steps to improve the trade balance in the sector, according to the statement.

Exports and imports of mechanical and electronic products account for a majority of China's foreign trade.

Globalization of supply chains in international trade has created a shift in where many component parts are produced.  This shift includes the production of electronic components that are used in aircraft, military weapons systems, computers, medical equipment, and other products that are purchased by the United States government through procurement contracts.  These electronic components were traditionally manufactured in the United States and Europe, but are now being manufactured in China, Mexico, India, and South America.  When these electronic components are fake or substandard parts, false certifications regarding the quality of these electronic components can be the subject of a Qui Tam False Claims Act Whistleblower Reward Lawsuit.  These lawsuits encourage whistleblowers including international whistleblowers along the electronic component supply chain to blow the whistle on fake military electronic components, low quality electronic components, and other counterfeit electronic parts.

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