As much as it seems like a foreign concept, I wonder what parallels can we derive from a state-backed social credit system to say something like our corporate-b

As much as it seems like a foreign concept, I wonder what parallels can we derive from a state-backed social credit system to say something like our corporate-backed financial credit scores. We see that companies from health insurers to cell phone providers are already adopting skimming through your or your demographic's purchase history to see if you are worthy of success or not. Not defending China, but boogeymen pieces like this evoke responses like this is a truly non-western concept and not just a "hardcore" version of what we have