How to Get a Good Credit Rating in China

The concept isn't a bad one. Almost all the information required to make a reasonable accurate credit assessment is available on social media. And then there's how one Chinese company does it.

FT: China lenders look at social media contacts to assess risk
“If we find you are [social media] friends with celebrities from the entertainment or finance industries, we think you must be to some extent trustworthy . . . since otherwise you wouldn’t have such friends,” said Jesse Chen, co-founder of Jubao Internet Technology, one of China’s top three peer-to-peer lending firms.

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