beijingwalker
ELITE MEMBER
China is not USSR, we don't follow any dogmas, Deng xiaoping summed up China's approach for development perfectly: "Black cat or white cat, if it can catch mice, it's a good cat." and Social credit system in China is nothing new, it's basically same as the credit system practiced by western banks for many decades, it has little or nothing to do with politics.But we have a logical understanding of what things are the goals of socialism are. Abolishing of the traditional money system is one such goal. This simple understanding is available on the internet too.
China is experimenting with the Social Credits system which is an addition to the current economic system in China.
Basically I believe China's system is just a mashup based on Chinese traditional Confucian governing system with some western elements, similar to Singapore, Korea and Japan.