EU firms were warned that the Chinese government’s new measures could be turned against them. Photo: Bloomberg

China’s social credit system ‘could be used against companies in international trade disputes’

  • EU Chamber of Commerce report says data collected could be used to compile blacklist of ‘unreliable entities’
  • Companies will be subject to series of rewards and punishments and they have been told ‘no one should be naive about this’
Topic |   China's social credit system

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EU firms were warned that the Chinese government’s new measures could be turned against them. Photo: Bloomberg
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Wendy Wu

Wendy Wu

Wendy Wu is a Beijing-based reporter focusing on international finance and diplomacy. Her journalism career spans a decade and she has been reporting for the Post since 2015. Wendy has a master's degree in finance from Germany's University of Freiburg.

Amanda Lee

Amanda Lee

Beijing-based correspondent Amanda Lee covers markets and the economy for the Post, with an interest in China's economic and social landscape. A graduate of the London School of Economics, she joined the Post in 2017 and has previously worked for Thomson Reuters and Forbes.