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Digital Yuan Goes Head to Head With Alipay, WeChat in Beijing
Posted
September 17, 2021
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2:02Now PlayingSwipe your bracelet, watch or even a walking stick — these are just some of the gadgets and features showcased by China’s central bank, lenders and technology giants at a services trade fair in Beijing last week. Before a broader roll-out during the 2022 Winter Olympics, consumers in the capital city got their first taste of what a digital yuan future might look like. But it's competing with giants Alipay and WeChat for consumers' attention. Bloomberg's Kurumi Mori reports.
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