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How the latest steps by Alipay and WeChat bring China closer to replacing cash with cellphones

2019-11-06
By: Staff Writer

Chinese mobile-payment giants Alipay and WeChat announced this week in rapid succession that they would begin allowing tourists to use their digital wallets in China, marking another step toward the cashless functioning of the world’s second largest economy. Run by Alibaba Group Holding Ltd. BABA, +1.19% affiliate Ant Financial —Read More →

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