Over the past two years, China has seen a proliferation of state-endorsed experiments representing...
by Cindy | Oct 28, 2015
The Chinese government is preparing to launch a controversial credit score system that will...
by Xiao Qiang | Feb 18, 2007
From The Independent Online: China yesterday tightened its grip on credit in an attempt to prevent the torrent of cash generated by its ballooning trade surplus from overheating the economy. In a surprise announcement on the eve of the Chinese new year holidays, the People’s Bank of China ordered lenders to park another half a […]
by Michael Zhao | Apr 6, 2006
From Xiandai Kuaibao via Xinhua News Agency (in Chinese), translated by CDT (link): Three reasons are behind the dropping consumption among Chinese and rising deposits: unstable income level, uncertain spendings and unsound consumption credit system. People have to increase their deposits, as a result of increased uncertainty in their job stability, as more competition is […]
CDT in the News
- SCMP – US sharply criticises China in annual human rights review, the Biden administration’s first public assessment of Beijing’s record
- New York Times – How China’s Outrage Machine Kicked Up a Storm Over H&M
- HRW – People in China Left Wondering, ‘What Happened in Xinjiang?’
- The Philadelphia Inquirer – China steps up online controls with new rule for bloggers
- Mind Matters – For Five Days There Was Free Expression in China