Soros has a very bad reputation to cause the Asia financial storm, and what he said here is just a fake news originally from ROC DPP just to make a speech attack on China yet widely spreaded considering its hatred nature, and most importantly, the lack of the right to speak in the international community in mainland China. If you happen to know some Chinese then it'll be easy to know the truth using a Chinese search engine instead of google(I don't want to blame google because it just make much more fake news).
On the other hand, if you happen to work in IT industry, it's just so easy to know all major platforms have backdoor opend to the federal government, from Apple's file_reply process(Identifying back doors, attack points, and surveillance mechanisms in iOS devices, Jonathan Zdziarski) to Windows' background update monitor, Google will give all your search record to FBI if they need to(How do you think NSA can effectively being "NSA"?). This is the "open secret" in the industry but we choose to neglect. It's just so damm ridiculous to laungh at China when we are in a bigger dirty hand(thanks to Snowden). Besides, your credit history in US, and maybe in many developed country, already have a big impact on your loan, so why can't China has a similar system to prevent financial crime?
And again, I don't want to blame @Codrut Nistor and other people here. Just surprise how easy it is for people to be credulous, even for an experienced editor.
The Chinese people really do not have much difference from us if you happen to visit the country. Same ingenuity, same greedy, same in the human nature. My personal experience tells me that China is not a country more authoritarian than the United States, and in the sharing economy aspect much better than us. You can't imagine how CHEAP and EASY life can be with mobile pay, takeaway, sharing bikes and Didi. Fake news full of hatred from Taiwan DPP(like VOA) will just cost you the opportunity.