Tuesday, April 13, 2021
Tags Chinese social credit system

Tag: Chinese social credit system

State Council Proposes New Credit Repair Mechanisms for Market Entities

The Chinese central government has released new opinions that outline mechanisms for the restoration of the credit status of impaired market entities....

Beijing Plans to Downgrade Personal Credit Ratings for Eating and Drinking on Subway System

The municipal government of Beijing has unveiled plans to punish the credit ratings of citizens for improper behaviour on the metro system....

Online Financial Institutions Integrated into China’s Credit System

The Chinese central bank is pressing ahead with efforts to incorporate online financial institutions in the country's broader credit system.

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Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package

One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...

JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...