ARTICLE ABOUT THE CHINESE SOCIAL CREDIT SYSTEM IN THE DWC YEARBOOK 2018
Our SNB partner Dr. Jörg-Michael Scheil will contribute an article entitled “The New Chinese Social Credit System – Legal Structure and Impact on German Companies” to the forthcoming DCW Yearbook of the German Chinese Business Association (DCW) 2018. The article deals with the Chinese social credit system, its legal structure and the impact on German companies operating in China. These companies will have to deal with new control levels in future and be aware of disadvantages also in completely different, non-allied areas which might result from misconduct. The credit rating of companies can have far reaching and serious effects on the economic opportunities of the company in China, since in the worst case a poor credit rating may result in the full exclusion from the Chinese market.
The article can be downloaded through the website of DCW using this link: DCW-EV.de/de/Publikationen/DCW-Jahrbuch