EPISODE · May 29, 2025 · 26 MIN
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
What this episode covers
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
NOW PLAYING
Mobile money erases China's ATMs
No transcript for this episode yet
Similar Episodes
Feb 1, 2024 ·25m
Dec 1, 2023 ·18m
Nov 22, 2023 ·19m
Nov 15, 2023 ·21m
Nov 8, 2023 ·19m
Oct 11, 2023 ·17m