Alibaba chairman Jack Ma Yun outlines its ‘Singles Day’ performance last week. Shoppers bought more than 90 billion yuan in goods through Alibaba’s two major retail platforms on November 11. Photo: Xinhua Alibaba chairman Jack Ma Yun outlines its ‘Singles Day’ performance last week. Shoppers bought more than 90 billion yuan in goods through Alibaba’s two major retail platforms on November 11. Photo: Xinhua
Alibaba chairman Jack Ma Yun outlines its ‘Singles Day’ performance last week. Shoppers bought more than 90 billion yuan in goods through Alibaba’s two major retail platforms on November 11. Photo: Xinhua
Business /  Banking & Finance

The big score: making or breaking China’s consumer credit market

If things go as planned, a growing army of data firms and credit-scoring outfits will use the information to pivot China towards a future powered by consumer spending

Don Weinland

Updated: 2:54pm, 20 Jul, 2018

Why you can trust SCMP
Alibaba chairman Jack Ma Yun outlines its ‘Singles Day’ performance last week. Shoppers bought more than 90 billion yuan in goods through Alibaba’s two major retail platforms on November 11. Photo: Xinhua Alibaba chairman Jack Ma Yun outlines its ‘Singles Day’ performance last week. Shoppers bought more than 90 billion yuan in goods through Alibaba’s two major retail platforms on November 11. Photo: Xinhua
Alibaba chairman Jack Ma Yun outlines its ‘Singles Day’ performance last week. Shoppers bought more than 90 billion yuan in goods through Alibaba’s two major retail platforms on November 11. Photo: Xinhua
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