A group of 25 senators is urging the U.S. administration to launch a probe into China’s corporate social credit system, in “grave concern” for the threats it could pose to U.S. companies and workers.
In a Dec. 2 letter to trade representative Robert Lighthizer, the senators said that China’s social credit system “raises fundamental questions about whether promised market openings and regulatory reforms on paper will yield a level playing field in practice for American firms doing business in and with China.”
