2 ms·
Kinda over-interpreted, it's essentially a state-run TransUnion credit score plus background check. It's primarily targeting at people who borrow a lot money th
by zachguo 8y ago
Kinda over-interpreted, it's essentially a state-run TransUnion credit score plus background check.
It's primarily targeting at people who borrow a lot money then escape to other cities or abroad to avoid paying the debt.
The political suppression part that media is obsessed with is still largely determined by the existing legal system which considers certain anti-CCP behaviors as crime.
- jhanschoo 8y agoThere are important differences between this and a TransUnion credit score. * The government may not discriminate based on a person's TransUnion score, except for limited circumstances where it is directly relevant. * The government may not discriminate businesses based on whether they serve people with poor TransUnion scores. Until the Western media is sufficiently assured that this cannot happen, they are (IMO quite rightly) suspicious about the potential of abuse of the infrastructure built to support this by the state. Unfortunately, the exact reasoning why tends to be forgotten, and the suspicion comes across as vague fear, uncertainty, doubt.