%T Is China’s new payment system the future?
%A Aaron Klein



%I Brookings Institution
%D 2019

%K Financial services industry, %K Direct payment, %K Electronic commerce



%U https://apo.org.au/node/243476

%X China’s new system is built on digital wallets, QR codes, and runs through their own big tech firms: Alipay running through Alibaba (China’s version of Amazon) and WeChat Pay running through Tencent (China’s version of Facebook).
%9 Report