China’s Corporate Social Credit System Could Spell ‘Life or Death’ for Foreign Companies: Report

Workers work at a product line of Buick Excelles at Jinqiao South Vehicle Plant of Shanghai General Motors Corp. in Shanghai, China on May 28, 2005. China Photos/Getty Images

The Chinese regime plans to fully roll out its corporate social credit system in 2020, whereby all firms operating in China will be assigned a score based on government-determined parameters of “good” behavior.

All Hong Kong and Macau companies that have operations in mainland China will also be ranked.