According to recent reports, China's National Development and Reform Commission (NDRC) is moving forward with a corporate social credit system. The system, which is also used to track data on individuals, is meant to improve governance and market order and can be used to incentivize or penalize good or bad behavior, as the case may be.
For companies, the social credit system includes the tracking of court rulings, tax records, environmental protection records, product quality, work safety, a…