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The origin of the Social Credit System can be traced back to the early 1990s as part of attempts to develop personal banking and financial credit rating systems in China, and was inspired by Western commercial credit systems like FICO, Equifax, and TransUnion. [17]
China has a much lower rate of credit use than developed markets. [4]: 67 As a result, it lacks the associated credit reports. [4]: 67 Zhima Credit was introduced on 28 January 2015. It was the first credit agency in China to use a score system for individual users, using both online and offline information. [5]
China is planning to make deepfakes illegal which is described as the way to prevent "parody and pornography." [56] In July 2019, the CAC announced a regulation that said that Internet information providers and users in China who seriously violate related laws and regulations will be subject to Social Credit System blocklist. It also announces ...
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Foshan city of China’s southeastern province Guangdong launched a blockchain-based corporate social credit system with an automated credit rating function, state-backed media reported on Thursday.
In 1954, it was transformed to the State Planning Commission of the People's Republic of China. The NDRC's functions are to study and formulate policies for economic and social development, maintain the balance of economic development, and to guide restructuring of the economic system of mainland China. [2]
China's internet isn't happy that "Wukong Sun: Black Legend" is due for release on Nintendo's store. It's a 2D platformer game with art and a title that resembles "Black Myth: Wukong."
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