China’s corporate social credit system is a public repository of good and bad behaviour by every company in the world’s second-largest economy. Photo: AP

China’s corporate social credit system blacklist that companies pay US$2,500 an hour to avoid

  • Companies fear inclusion in China’s corporate social credit system, which can result in punishment for bad behaviour
  • Beijing says system is designed to scare companies straight
Topic |   China economy

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China’s corporate social credit system is a public repository of good and bad behaviour by every company in the world’s second-largest economy. Photo: AP
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