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 ...

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 ...

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 ...

Webus International will invest $300 million in XRP to make global payments easier and build better tools using blockchain ...

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 ...

China's payment system is dominated by the two most popular platforms, Alipay and WeChat, which until recently required a local bank account. Whether it's for everyday shopping, eating out ...