Slashdot Mirror
China's New 'Social Credit Score' Law Means Full Access To Customer Data (insurancejournal.com)
AnonymousCube shares this quote about China's new 'Social Credit Score' law from an insurance industry magazine:
"Companies are also required to give government investigators complete access to their data if there is suspected wrong-doing, and Internet operators must cooperate in any national security or crime-related investigation."
Note that China has an extremely flexible definition of "national security". Additionally computer equipment will need to undergo mandatory certification, that could involve giving up source code, encryption keys, or even proprietary intellectual data, as Microsoft has been doing for some time.
The article suggests businesses like insurers "will likely see the cost of complying with this new action as a disincentive to conducting business in China."
Note that China has an extremely flexible definition of "national security". Additionally computer equipment will need to undergo mandatory certification, that could involve giving up source code, encryption keys, or even proprietary intellectual data, as Microsoft has been doing for some time.
The article suggests businesses like insurers "will likely see the cost of complying with this new action as a disincentive to conducting business in China."
Trump is too busy starting a war with China by talking to Taiwan.
Yeah, that's the last straw. Taking a congratulatory phone call from a foreign leader is totally going to push China into attacking us. But the Obama administration selling Taiwan billions of dollars worth of sophisticated weapons systems, that's nothing that the Chinese would worry about.
Do you even listen to yourself?
Don't disappoint your bird dog. Go to the range.
Enforced reduction in religion has allowed technocratic elite to operate
Over the last 35 years, China has experienced faster economic growth than any other country in history. This demonstrates the strength of authoritarianism, as technocrats have been about to manage the country based on sound principles rather than what is democratically popular.
But things are rapidly changing, and beginning to show the downside of authoritarianism. Xi Jinping is sidelining the technocrats, stuffing the central committee with his cronies, encouraging "socialist thinking", and promoting a personality cult. The real test will come in 2022, when he is legally required to step down. Will he? Or will he insist on retaining power "for the good of the country"?
Over the last 35 years, China has experienced faster economic growth than any other country in history
Only if ghost cities count as economic growth.
This demonstrates the strength of authoritarianism, as technocrats have been about to manage the country based on sound principles rather than what is democratically popular.
Right - things people actually want, and will buy and use, are democratically popular. Economic "activity" involving makework projects that benefit no one except the technocrats, and those willing to game the system, has grown by leaps and bounds.
It's all bullshit. Outside of some tech companies that are actual capitalist successes, it's all the world's biggest bubble.
Consumers know what they want and need better than any central planner. Thus is ever was, and thus it shall ever be.
Socialism: a lie told by totalitarians and believed by fools.