China’s corporate social credit system will require companies to report enormous amounts of data to Chinese officials, including information on their business partners. Photo: Bloomberg

China’s social credit system for business creates new and complex headaches for EU trade officials

  • Sources say China’s corporate social credit system is an impediment to finalising the bilateral investment treaty with the EU, under negotiation for six years
  • The NBA’s freedom-of-speech crisis is seen as an example of how China could use the system to punish Western firms and complicate future trade negotiations
Topic |   China economy

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China’s corporate social credit system will require companies to report enormous amounts of data to Chinese officials, including information on their business partners. Photo: Bloomberg
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Ryan Swift

Ryan Swift

Ryan Swift is a senior business reporter focused on wealth management, green business, the shipping industry and the gaming industry. He was chief editor of The Peak and Asia-Pacific Boating magazines.

Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.