China is in the process of rolling out it's so-called "corporate social credit system", a big data-enabled set of mechanisms for overseeing, rating and controlling the behavior of market participants more comprehensively than credit rating tools that exist today.
The system will contain industry-agnostic criteria, such as compliance with environmental standards, employee treatment and taxation, as well as industry-specific dimensions. No matter the size or type of operations, it will be crucial to know your company's social credit score, as well as the scores of your partners.
At this Sharp Talk, advisors from Business Sweden and Mannheimer Swartling will give their perspectives on the corporate social credit system:
Welcome to our Sharp Talk on November 7th!
Light breakfast and coffee included.
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Head of Beijing office at Business Sweden at Business Sweden
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Partner at Mannheimer Swartling
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