Like private credit scores, a person’s social score can move up and down depending on their behaviour. The exact methodology is a secret — but examples infractions include bad driving, smoking in non-smoking zones, buying too many video games and posting fake news online.
Source: businessinsider.com
Depending on their score bracket, residents hold a grade ranging from A+++ to D. Some offenses can hurt the score pretty badly. For drunk driving, for example, one’s score plummets straight to a C. On the other hand, triple As are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $50 heating discount every winter, and obtaining more advantageous terms on bank loans.
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Huaqiangbei, the famed electronics bazaar in Shenzhen, China, hums with the chaotic unity of a thousand symbiotic organisms. Stacks of circuit boards, cables, and colorful components extend farther than the eye can see. Sellers hawk their wares from Tetris-like cubicles crammed around claustrophobic aisles.
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China claims it invented high-speed rail, mobile payments, e-commerce and bike-sharing, but did it?
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