China races to set up Corporate Social Credit System through sweeping data-collection scheme
China is pushing for its social credit system with a sweeping data-collection scheme to monitor and solidify control over companies, a study has said. The Corporate Social Credit System (CSCS) would punish and reward companies by putting them on ‘blacklists’ and ‘redlists’ after compiling information and analysing their behaviour, according to a Beijing-based consulting firm. … Read more