China's credit reporting system was originally a farce. Now that it has become unsustainable, they are hurriedly trying to repair personal credit.



Netizens pointed out: China has the strictest personal credit punishment system in the world, but lacks a supporting personal bankruptcy protection mechanism. This means failure is not temporary but lifelong.

The credit system has long been criticized for mass-producing social outcasts. Now that blacklists are everywhere, it’s self-imposed entrapment.
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