Mobile money erases China's ATMs

from Round Table China · host China Plus

The number of ATMs in China has collapsed to just 800,000, a 25% drop in five years, as mobile payments dominate daily life. While urbanites enjoy frictionless transactions, the decline of cash infrastructure threatens to exclude older and rural populations who rely on physical currency. Is China's financial future leaving vulnerable groups in the past? On the show: Steve Hatherly, Niu Honglin & Laiming

Episode metadata supplied by the publisher feed · Published May 29, 2025

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Mobile money erases China's ATMs

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