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Quick Hit:

Beijing released new guidelines Monday to revamp its social credit system, promising stronger information controls while deepening the system’s reach across China’s economy and society. Critics say the move reinforces the Communist Party’s grip under the banner of “market efficiency.”

Key Details:

• The guideline was issued by top Chinese government and Communist Party offices, listing 23 measures to expand and standardize the social credit system.
• It aims to integrate the credit system across all sectors of China’s economy to support what Beijing calls “high-quality development.”
• Officials claim the new framework will respect information security and individual rights—despite growing global concerns over surveillance and state overreach.

Diving Deeper:

China is doubling down on its social credit system with a newly issued guideline meant to “improve” and expand the controversial surveillance-driven program. Released by both the Communist Party’s Central Committee and the State Council, the document outlines 23 specific measures aimed at building a unified national credit system that will touch nearly every corner of Chinese society.

Framed as a tool for “high-quality development,” the guideline declares that credit assessments will increasingly shape the rules of engagement for businesses, government agencies, and individual citizens. The system, according to the National Development and Reform Commission (NDRC), has already played a role in shaping China’s financial services, government efficiency, and business environment.

Critics of the social credit system have long warned that it serves as an instrument of authoritarian control—monitoring citizens’ behavior, punishing dissent, and rewarding obedience to the Communist Party. By integrating credit data across all sectors and enforcing a “shared benefits” model, the new guideline appears to entrench, not ease, the Party’s involvement in everyday life.

Still, Beijing is attempting to temper foreign and domestic concerns over privacy. The NDRC emphasized that the system is being built on the “fundamental principle” of protecting personal data. Officials pledged to avoid excessive data collection and crack down on any unlawful use of information.

From LifeSiteNews

By Anthony Murdoch

Carney also said last week that he is willing to use all government powers, including “emergency powers,” to enforce his energy plan if elected prime minister.   

World Economic Forum-linked Liberal Party leadership frontrunner Mark Carney has a history of supporting central bank digital currencies, and in 2022 supported “choking off the money” donated to the Freedom Convoy.

In his 2021 book Value(s), Carney said that the “future of money” is a “central bank stablecoin, known as a central bank digital currency or CBDC.” 

He noted in his book that such a currency would be similar to current cryptocurrencies such as Bitcoin, but without the private nature afforded to it by its decentralization.   

“It is simply untenable in democracies that the core of the monetary system could be based on forms of electronic private money whose creators control large blocks of the currency, like Bitcoin,” he wrote. “Cryptocurrencies are not the future of money.”

Carney noted that a CBDC, if “properly designed,” could serve “all the functions to which private cryptocurrencies and stablecoins aspire while addressing the fundamental legal and governance issues that will, in time, undermine those alternatives.” 

Expanding on his worldview in relation to CBDCs, Carney suggested that “fear” can be taken advantage of to shape the future of money.

“With fear on the march, people were willing to surrender to Hobbes’ ‘Leviathan’ such basic rights as the freedom to leave their homes,” he wrote. “And so it is with money. People will support the delegation to independent central banks of the tough decisions that are necessary to maintain the value of money provided the authorities deliver monetary and financial stability.” 

Some Canadians are alarmed by the prospect of CBDCs, a fear that only worsened after the Liberals under Prime Minister Justin Trudeau froze hundreds of bank accounts it deemed were importantly linked to the 2022 Freedom Convoy. 

During the Freedom Convoy, Carney wrote in an op-ed for the Globe and Mail, “Those who are still helping to extend this occupation must be identified and punished to the full force of the law,” adding that “Drawing the line means choking off the money that financed this occupation.” 

Carney is a former head of the Bank of Canada and Bank of England. His ties to globalist groups have led to Conservative Party leader Pierre Poilievre calling him the World Economic Forum’s “golden boy.”

In addition to his comments on CBDCs, Carney has a history of promoting anti-life and anti-family agendas, including abortion and LGBT-related  efforts. He has also previously endorsed the carbon tax and even criticized Trudeau when the tax was exempted from home heating oil to reduce costs for some Canadians.  

Carney also said last week that he is willing to use all government powers, including “emergency powers,” to enforce his energy plan if elected prime minister.   

The Liberal Party of Canada will choose its next leader, who will automatically become prime minister, on March 9, after Prime Minister Justin Trudeau announced that he plans to step down as Liberal Party leader once a new leader has been chosen.     

In contrast to Carney, Poilievre has promised that if he is elected prime minister, he would stop any implementation of a “digital currency” or a compulsory “digital ID” system.   

When it comes to a digital Canadian dollar, the Bank of Canada found that Canadians are very wary of a government-backed digital currency, concluding that a “significant number” of citizens would resist the implementation of such a system.