WeChat Pay is officially known as Weixin Pay in ... was previously impossible — they needed to have a mainland Chinese bank account and a local mobile phone number. In 2019, Alipay and WeChat ...

But the question of who lends to whom on China’s high street is not straightforward. In the West, retailers extend credit to ...

It allows users to add their YouTrip Mastercard to Alipay and WeChat Pay without the need for a Chinese bank account. This makes it incredibly convenient for tourists to make cashless payments in ...

Land sales, which typically account for more than 40% of ... Zhejiang and Jiangsu -— slashed pay by as much as 30%, according to Chinese news website Caixin. “China’s runaway local debt ...

Webus International plans to invest $300 million in XRP to enhance cross-border payments and blockchain development for AI ...

Shares in China-based crypto mining chip designer Nano Labs rose slightly after announcing it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase.

So without the unexplained deficit in investment income and the discrepancy between customs goods and balance of payments goods, and China’s current account surplus would now be around $800 ...