enabling payments at tens of millions of merchants across mainland China. The initiative not only simplifies transactions for travellers but also provides local businesses with greater ...

China's biggest ... the pilot credit system is voluntary, though it's difficult to circumvent. Online shopping is a part of life in modern Chinese cities and Alibaba's financial payment service ...

China has released an action plan to promote the use of the yuan and its own payment system in international trade, as it seeks to reduce its dependence on the dollar amid an escalating trade war ...