The most common association with the term “social credit score” is with China. Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according...
Add “social credit” to the list of factors that could influence the Chinese economy — and, perhaps, consumer activity in other parts of the world. By now you’ve likely read the reports: Millions of Chinese consumers denied flights, train trips and other access to normal...
September 23, 2019
Big Brother will keep an eye on Chinese businesses as the government’s social credit system compiles data on the country’s 1.4 billion people, The New York Times reported on Sunday (Sept. 22). As China increasingly becomes a market economy, the government is becoming more concerned about improper conduct in the marketplace. Various agencies in the […]
