It’s the most prominent in a rising network of social-credit-score systems in China that are dramatically expanding the concept of creditworthiness—and raising fears internationally about ...
according to the South China Morning Post’s interview with its president, Shi Yanying. The company launched a social credit rating app called Unictown, which gives its users a credit score ...
According to state media, the “Beijing Municipal Action Plan for Further Optimising the Business Environment” will monitor both individuals and companies’ financial credit and personal ...
The second half introduces the latest policy innovation in China, the Social Credit system—a private sector-inspired innovation (e.g., think Uber ratings) in which citizens are awarded points for good ...
In China, the state is using a combination ... number of cars owned and size of property – as well as a unique social-credit score. In time, the score will incorporate many factors ...
In an article by South China Morning Post, shopkeeper Liu Huayang comments that: “My face is the best credit. The government’s rating is merely a gesture on paper.” To conclude, the social ...
In the same way that banks use credit scoring to assess potential customers, China's communist government ... banks together and come up with a social credit score," warns Gerd Gigerenzer of ...
Well, China is planning something like this called the Social Credit System ... services must also now verify users' identities, credit score them, and keep a six-month log of group chats ...
China has announced to introduce a rating system by ... The biggest misconception in western media is that it is conflating the two systems: the commercial credit score systems and the Social Credit ...