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China’s Social Credit System

Bessent warns on China, criticizes US firms resisting rules China's Social Credit System

Bessent warns on China, criticizes US firms resisting rules

Homepage > News > Business > Bessent warns on China, criticizes US firms resisting rules In lengthy testimony before the Senate Banking Committee, U.S. Treasury Secretary Scott Bessent warned that China may be looking to use digital assets to challenge U.S. financial leadership, while taking aim at ‘nihilist’ digital asset…
bubmag
February 12, 2026
Shein bets on China distribution hub to fight headwinds overseas China's Social Credit System

Shein bets on China distribution hub to fight headwinds overseas

Bad gateway Error code 502 Visit cloudflare.com for more information. 2026-03-14 11:02:47 UTC You Browser Working Frankfurt Cloudflare Working kr-asia.com Host Error What happened? The web server reported a bad gateway error. What can I do? Please try again in a few minutes. Cloudflare Ray ID: 9dc2c9bb5f9b77d1 • Your IP:…
bubmag
February 12, 2026
China and Trump targeted in House hearing on foreign influence in US non-profits China's Social Credit System

China and Trump targeted in House hearing on foreign influence in US non-profits

Beijing came under sharp criticism on Tuesday at a highly contentious US Congressional hearing on the influence of foreign funds in US politics – but so did US President Donald Trump . The hearing by the powerful House Ways and Means Committee, which shapes tax and tariff legislation, comes amid…
bubmag
February 10, 2026
Treasury chief says US seeks ‘fair’ China competition, eyes Latin America realignment China's Social Credit System

Treasury chief says US seeks ‘fair’ China competition, eyes Latin America realignment

The United States is seeking a fair and enduring competition with China, along with strengthening its economic and political relationships with Latin America, US Treasury Secretary Scott Bessent said on Tuesday. He termed this the strategy of reducing vulnerabilities without cutting ties with Beijing. Speaking at an investor conference in…
bubmag
February 10, 2026
Trump to Travel to China First Week of April, Politico Reports China's Social Credit System

Trump to Travel to China First Week of April, Politico Reports

Reuters U.S. President Donald Trump speaks during the National Prayer Breakfast in Washington, D.C., U.S., February 5, 2026. REUTERS/Al Drago WASHINGTON, ‌Feb ​9 (Reuters) - ‌U.S. President ​Donald ‍Trump ​will ​travel to Beijing ⁠during the first ‌week of ​April for ‌a ‍meeting with ⁠Chinese President Xi ​Jinping, Politico reported on…
bubmag
February 9, 2026
Robert Evans’s Legendary Memoir Captures an Epic Hollywood Rise and Fall China's Social Credit System

Robert Evans’s Legendary Memoir Captures an Epic Hollywood Rise and Fall

“When your back’s against the wall,” legendary Paramount studio head Robert Evans liked to say, “the impossible is possible.” In 1994, Evans published The Kid Stays in the Picture, one of the most entertaining Hollywood memoirs of all time. Writing like the gangsters and gamblers he admired (and resembled), the…
bubmag
February 9, 2026
ZEISS starts building Greater China headquarters complex in Shanghai China's Social Credit System

ZEISS starts building Greater China headquarters complex in Shanghai

On Saturday, ZEISS has broken ground on an integrated Greater China headquarters campus in Shanghai’s Waigaoqiao Free Trade Zone, marking its largest single infrastructure investment in China to date. The project will span more than 50,000 square meters and combine research and development, management functions, a customer experience center and…
bubmag
February 9, 2026