China’s tech giants Tencent and Alibaba are apparently refusing to co-operate with a government-backed credit scoring programme by withholding access to their troves of customer loans data.
“We’d like to get personal information and credit data from Tencent and Alibaba,” said one Baihang employee who asked to stay anonymous. “Names, ID and phone numbers, histories of borrowings and paybacks.” A former employee of Tencent, who was familiar with the negotiations between Baihang and its member companies, also confirmed that Tencent and Alibaba were not sharing their loan transaction data.
https://www.ft.com/content/93451b98-da12-11e9-8f9b-77216ebe1f17?shareType=nongift