Featured, The Consumer Corner - Monday, February 9, 2009 12:02 - 0 Comments

Chinese Dairies Agree To Pay $160 Million To Tainted-Milk Victims

The Chinese dairy companies blamed for selling contaminated milk that killed six children and sickened nearly 300,000 others last year have agreed to pay $160 million in compensation to the victims and their families. A spokeswoman for the China Dairy Industry Association reports that a fund was established for the victims and that the payments would be made. China’s state-controlled media reported that a group of 22 dairy companies would make one-time payments to the families of the victims. The settlement would amount to about $550 per victim, which is the equivalent of about three months of wages for the typical factory worker in southern China.

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