Tag Archives: Tencent

China is already there. Why. Government permissiveness that has not been forthcoming in the West since it would greatly reduce banks' revenue from retail transactions. But in China the banking system is largely government owned, so it is not the same issue.The DiplomatChina’s Digital Payment Revolution: Lessons for Libra Dongyao Nie, news researcher at Al Jazeera English based in Washington DC

The numbers are astounding. Most people outside of China probably have no ideal what is happening and how quickly it is happening.Visual CapitalistChina’s Digital Wallets Offer a Glimpse at the Future of PaymentsNick Routley