Social credit news: Tianjin just passed their local #socialcredit regulations. My comments on this in the thread below. 1/12http://app.myzaker.com/news/article.php?pk=5fc607d08e9f0960b129247c&f=huangli …
"Where a market credit information provider collects natural person information, it shall obtain the consent of the individual and agree on the purpose, unless otherwise provided by laws and administrative regulations." 8/12
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"Market credit information providers shall not collect natural persons’ religious beliefs, blood types, disease and medical history, biometric information, and other personal information that is prohibited by laws and administrative regulations." 9/12
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"MCI providers shall not collect information on persons’ income, deposits, securities, commercial insurance, real estate, tax payments, etc, unless they are clearly informed of the possible adverse consequences of providing such info and obtain their written consent." 10/12
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This underscores a point I make often: It's not that Chinese regulators don't care to protect the data of citizens. Rather, the differences lay in who the data is being protected from. 11/12
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But more specifically in terms of social credit: PCI is very well defined, and the government knows what to do with it. MCI is not - and I think we will see China's approach to MCI collection mature rapidly in the next 5 years as they hammer this out. 12/12
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