China Social Credit System in 2021

China’s Social Credit System (SCS), the framework that aims to score Chinese citizens, businesses, and government entities based on their trustworthiness, has been evolving over the last year. Now, on the national level, you’re scored mostly on your legal and financial actions; defaulting on a loan, for example, severely affects your score. Those with high scores may be redlisted, which gives you preferential treatment, while those with low scores are blacklisted, which has a number of punishments, one of which being the inability to travel by plane or train. Read full article here


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