China has reinvented the concept of money with super apps and other new internet-enabled technologies, with global implications. Martin Chorzempa (PIIE) details the highs and lows of fintech’s emergence, the Chinese policies impacting the industry, the people and firms behind the technology, and implications for the Chinese population today (27:57).
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- Chorzempa, Martin. 2022. The Cashless Revolution: China’s Reinvention of Money, and the End of America’s Domination of Finance and Technology. PublicAffairs.