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The social credit system and fintech ‘crises’ in China were not home-grown but, rather, engineered by Anglo-American institutions which also fuelled the 2008 U.S. financial crisis, argues Cynthia Chung. These global entities utilised Big Tech companies like Alibaba and Tencent to establish predatory lending practices before the Chinese government intervened to regulate these platforms. https://cynthiachung.substack.com/p/the-true-origins-of-chinas-social [https://cynthiachung.substack.com/p/the-true-origins-of-chinas-social] ► Join UK Column Live every Monday, Wednesday and Friday at 1pm UK time or watch previous live recordings here: https://bit.ly/UKColumn_Live [https://bit.ly/UKColumn_Live] ► [UK Column Website] Explore all our written and video content on the official UK Column website: https://www.ukcolumn.org/ [https://www.ukcolumn.org/] ► [Support UK Column] Please donate to support our independent journalism & investigative journalism: https://support.ukcolumn.org/ [https://support.ukcolumn.org/] ► [UK Column YouTube] Please subscribe to the UK Column News YouTube channel for more alternative news and independent news: https://bit.ly/ukcolumnofficial [https://bit.ly/ukcolumnofficial] Follow #UKColumn on: ► X: https://x.com/ukcolumn [https://x.com/ukcolumn] ► Telegram: https://t.me/ukcolumn [https://t.me/ukcolumn] ► Facebook: https://www.facebook.com/UKColumnExtracts [https://www.facebook.com/UKColumnExtracts] ► Instagram: https://www.instagram.com/uk_column_news [https://www.instagram.com/uk_column_news]
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