In China, the government is using a “social credit” system to rank its citizens as good or bad. This system is based on a person’s financial history, criminal record, and other factors. If a person is deemed to be a good citizen, they will receive benefits such as discounts on loans and better interest rates. However, if a person is deemed to be a bad citizen, they may be denied access to certain services or even be blacklisted from certain jobs.
The social credit system has been criticized by some as being unfair and intrusive. However, the Chinese government has defended the system, saying that it is necessary to ensure that citizens are behaving properly.
