Sinolytics Radar
Social credit law already affects companies
The draft of the “Social Credit System Establishment Law” confirms the key purpose of the Social Credit System: To achieve integrity and trustworthiness of market players. Across all players, companies are by far most affected. It is likely that significant time will pass until the Social Credit System Law itself will come into effect. However, all areas outlined by the draft law are already covered by legally effective rules and regulations. and impact companies with registered entities in China.
By Experts Table.Briefings
