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
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
