China’s central bank has not yet collected any utilities data, although the new system will have the ability to add data concerning water, power and telecommunication bills. Photo: Reuters
China’s central bank denies collecting utilities records in attempt to ease concerns over social credit system
- The People’s Bank of China will seek permission from individuals before collecting their utilities records
- Reassurance comes amid concerns of increasing intrusions of the credit system into people’s lives
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China’s central bank has not yet collected any utilities data, although the new system will have the ability to add data concerning water, power and telecommunication bills. Photo: Reuters
