Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Keeping it Real Message Board

Bastard Chinese Communists China: Social Credit S

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 51892
(Total Views: 94)
Posted On: 05/15/2019 5:06:45 PM
Avatar
Posted By: PoemStone
Bastard Chinese Communists
China: Social Credit System Has
‘Restored Morality’ by Blacklisting
over 13 Million People < >

China-social-credit-system-640x480.jpg

China’s state-run newspaper Global Times revealed in a column defending the nation’s authoritarian “social credit system” Monday that the communist regime had blacklisted 13.49 million Chinese citizens for being “untrustworthy.”

The article did not specify what these individuals did to find themselves on the list, though the regime has revealed the system assigns a numerical score to every Chinese citizen based on how much the Communist Party approves of his or her behavior. Anything from jaywalking and walking a dog without a leash to criticizing the government on the internet to more serious, violent, and corrupt crimes can hurt a person’s score. The consequences of a low credit score vary, but most commonly appear to be travel restrictions at the moment.

China is set to complete the implementation of the system in the country in 2020. As the date approaches, the government’s propaganda arms have escalated its promotion as necessary to live in a civilized society. Last week, the Chinese Communist Youth League released a music video titled “Live Up to Your Word” featuring well-known Chinese actors and musicians who cater to a teenage audience. The song in the video urged listeners to “be a trustworthy youth” and “give thumbs up to integrity” by abiding by the rules of the Communist Party. While it did not explicitly say the words “social credit system,” observers considered it a way to promote the behavior rewarded in social credit points.

Monday’s Global Times piece claimed it will “restore morality” by holding bad citizens accountable, with “bad” solely defined in the parameters set by Communist Party totalitarian chief Xi Jinping. The federal party in Beijing is also establishing a points-based metric for monitoring the performance of local governments, making it easier to keep local officials in line with Xi’s agenda.

“As of March, 13.49 million individuals have been classified as untrustworthy and rejected access to 20.47 million plane tickets and 5.71 million high-speed train tickets for being dishonest,” the Global Times reported, citing the government’s National Development and Reform Commission (NDRC). Among the new examples the newspaper highlights as dishonest behavior are failing to pay municipal parking fees, “eating on the train,” and changing jobs with “malicious intent.”

China had previously revealed that, as of March, the system blocked an unspecified number of travelers from buying over 23 million airplane, train, and bus tickets nationwide. That report did not say how many people the travel bans affected, as the same person could presumably attempt to buy more than one ticket or tickets for multiple means of transportation. The system blocked over three times the number of plane tickets as train tickets, suggesting the government is suppressing international travel far more than use of domestic vehicles. At the time of the release of the initial numbers in March, estimates found China had tripled the number of people on its no-fly list, which predates the social credit system.

The Chinese also reportedly found that some of the populations with the highest number of system violations lived in wealthy areas, suggesting Xi is targeting influential businesspeople with the system to keep them under his command.

In addition to limited access to travel, another punishment the Chinese government rolled out in March was the use of an embarrassing ringtone to alert individuals of a low-credit person in their midst. The ringtone would tell those around a person with low credit to be “careful in their business dealings” with them.

In the system, all public behavior, the Global Times explained Monday, will be divided into “administrative affairs, commercial activities, social behavior, and the judicial system” once the system is complete. No action will be too small to impact the score.

“China’s ongoing construction of the world’s largest social credit system will help the country restore social trust,” the article argued.

The Global Times preempted concerns about privacy and authoritarianism by arguing that Western minds were too “ignorant” to understand the benefits of the system.

“Chinese experts said how China, with a population of 1.4 billion people, processes the huge volumes of data is beyond the understanding of Western countries,” the article read. “The hypothetical theories of the West are based on their ignorance, Chinese experts say.”

While dismissing the West as too uncivilized to understand the system, China has already begun exporting it. Using the nominally private corporation ZTE, China sold a version of its credit system to socialist dictator Nicolás Maduro in Venezuela. The system would reportedly work through the already established “Fatherland Card,” a ration card used to distribute food and medicine to Maduro’s supporters. Anyone who indicated opposition to the regime put their food supply at risk. With ZTE technology, the “Fatherland Card” can track the purchases and real-time locations of any Venezuelan.

Huawei, another government entity masked as a private corporation, also sold advanced surveillance systems to Bolivia and Ecuador under their socialist regimes, according to the New York Times.



(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us