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E-payments are essential in China, but still tricky for foreign visitors

Sep 26, 2024
China has simplified some of its mobile payment app set ups to make it easier for visitors, but how easy are they to use?
WeChat is one of two key mobile payment apps that have dominated daily life in China since the pandemic.
RICHARD A. BROOKS/AFP/Getty Images

Why global investors ask: Where's Jack Ma?

Apr 24, 2023
For over two years, the whereabouts of one of China’s leading tech moguls has generated intense interest from the media and global investors. But is it warranted?
Jack Ma at a startup fair in Paris in 2019. Since China's crackdown on tech moguls in 2020, Ma has largely kept a low profile.
Phillipe Lopez/AFP via Getty Images

How can mobile payments in China be greater than GDP?

Jan 22, 2019
Some listeners balked when we reported $23 trillion in mobile payments there in 2016.
Mobile payments made through third-party providers like Alipay bring China's total mobile payment transactions in 2016 to around $38 trillion.
Johannes Eisele/AFP/Getty Images