China's Social Credit System still lacks transparency and legal certainty
The Social Credit System is to become a defining feature of Beijing's data-based governance. It leads to more transparency about compliance with rules and laws. Breaches of rules but also particularly rule-compliant behavior, will be recorded in publicly accessible databases. German companies are also affected. While some see the system as a regulatory jungle, others use it to better assess Chinese business partners. It remains to be seen in which direction Beijing will develop the system further.
25. March 2021
25. March 2021
Last updated: 24. July 2025
Share article: