How China’s Corporate Social Credit System Impacts Your Dealings with China
Webinar | October 18, 2021 | 8:00 PM PDT / 11:00 AM EDT / 5:00 pm Brussels
This webinar has been organized through The Finance, Credit & International Business Association (FCIB). If interested in attending, please contact them for registration.
China’s Social Credit System made headlines around the world as being the first comprehensive system to rate citizens behavior. Within the scheme is the Corporate Social Credit System (CSCS). CSCS rates business’ behavior using big data sourced from various government bureaus and levels from across the country – which is then compiled into one score.
The score given to Chinese companies (both foreign and Chinese owned) will not only impact their own ease of doing business, but can also impact – negatively or positively – the companies they do business with abroad.
What do businesses outside and in China need to understand about CSCS? In this webinar, Kyle Freeman, Partner of Dezan Shira & Associates, will introduce the system, how it will impact companies, and what actions can be taken to reduce risk and take advantage of opportunities.
- What is China’s Corporate Social Credit System (CSCS) and how is it structured
- How will CSCS impact companies
- What actions should companies take to reduce risk and take advantage of opportunities relating to CSCS