Foreign companies will be required to hand over to Beijing more data for scrutiny. Illustration: Lau Ka-kuen

Why US businesses should be worried about China’s corporate social credit system

  • Though it hasn’t been formally launched, the system has already been used to force international firms to adopt Chinese values on politically sensitive issues
  • Punishments could include being denied access to cheap loans, higher import and export taxes and key personnel being prohibited from leaving China
Topic |   China's social credit system

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Foreign companies will be required to hand over to Beijing more data for scrutiny. Illustration: Lau Ka-kuen
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Jodi Xu Klein

Jodi Xu Klein

Jodi Xu Klein is an award-winning business journalist with 20 years of experience. She joined the Post in 2017, after a decade based in the US reporting for The Wall Street Journal and Bloomberg. She was part of the Time Magazine team that won the Henry R. Luce Award, breaking the China SARS story.