DW Business July 14, 2024
Deductions experts warned that firms with bad scores could be hit with sanctions or even lose their licenses. Its a completely new system unique around the world everything related to the company exists in a single system which produces a single score we fundamentally support this system its a positive thing to clean up things in china but there are uncertainties and one of them is that its difficult to see how the scores calculated. Its a system that still remains opaque to most businesses according to the German Chamber of commerce 7 out of 10 german firms dont know what the new social Credi...