China’s New Tool for Social Control: A Credit Rating for Everything
Beijing wants to give every citizen a score based on behavior such as spending habits and filial piety, which can bar citizens from loans, jobs, air travel
Beijing wants to give every citizen a score based on behavior such as spending habits and filial piety, which can bar citizens from loans, jobs, air travel
Drivers roll up car windows as an autumn wind chills a traffic-clogged overpass in western Beijing’s Liuliqiao area. And under the concrete overpass, homeless people are gathering for a chilly night’s rest after wandering city streets.
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This paper argues that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and...