China

Publications

19 December 2017
This Brief explores the emergence, similarities, and differences between China's Alipay and WeChat Pay and the affects these elements may have on the way they compete in the rural arena.
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English (4 pages) | French (4 pages) | Chinese (4 pages) | Spanish (4 pages)
21 July 2017
Last year, peer-to-peer (P2P) lending in China surpassed the US$100 billion threshold and confirmed China as the world’s largest P2P lending market, leaving North America a distant second. This tremendous growth was driven by a mix of circumstances.
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English (4 pages) | Chinese (4 pages)

From Our Blog

QR codes in China
17 April 2018
China will soon require payments providers, including Alipay and WeChat Pay, to connect to a public online payments clearinghouse. Here’s what we know so far about how this institution will work and what it could mean for mobile payments.
Fishermen use a mobile app to locate fish in Indonesia
11 April 2018
Smartphone penetration of 80 percent and low bank account access suggest that digital financial services will take off in Myanmar. China’s experience may offer clues about how and when this will happen.