Ant Group to Establish State-Backed Credit Scoring Company
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Alibaba (NYSE:BABA), Equifax, Inc (NYSE:EFX) - Jack Ma s Ant In Discussion To Share Data With State Firms: WSJ
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A+++ to D – How China rates its citizens. Drunk driving can take you way down Jaideep Prabhu © Provided by The Print
Since 1978, when its ruling Communist Party opened up to the world, China has enjoyed a remarkable renaissance. The country’s achievements not only make it globally important, but they also require us to be nuanced about its complexities and contra- dictions. In the space of four decades, the country has gone from being a backwater to the second largest economy in the world. Much of this growth has been achieved by a novel form of state-controlled capitalism, whereby the government has encouraged foreign and domestic firms (some of which are state owned) to use the market mechanism to deliver innovation.