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China’s cashless economy threatens to leave its elderly—and their money—behind

Richard Bradbury | Christine Wong | Arvindh Yuvaraj

27-Nov-18 12:00

China’s cashless economy threatens to leave its elderly—and their money—behind

The cutting-edge payment method is rapidly becoming so common in Beijing and other large cities that experts have begun referring to the Chinese capital as a prototype of the futuristic cashless society. In 2017, the country saw $15 trillion (paywall) in mobile payments - yet some people still struggle with going cashless.


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Categories:  Personal Finance,  Investments,  Financial Literacy,  Technology,  Medical Innovation and Technology,  Tech,  Young Finance,  Personal Development,  Entrepreneurship,  SME

Tags:  technology,  china,  cashless,  economy,  atm, 


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