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10 insights on China’s financial technology strategy (www.omfif.org)

10 questions and insights from a China fintech expert on its financial technology strategy: “Alipay and WePay have changed the banking landscape”.

10 questions and insights on China’s fintech strategy

  1. What are main developments you see within the international financial system?
  2. Do you think China is one of the countries who is taking more aggressive steps in this respect?
  3. China seems to be moving faster than Europe and the US
  4. China now promotes Alipay in countries like Canada, where people can get an Alipay account without having a bank account in China
  5. So Chinese payment providers might develop a new world standard of payments this way?
  6. So, an Alipay account for everybody worldwide would be a great idea?
  7. When so many people have a e-wallet it might be interesting for China to develop their own central bank digital currency?
  8. How long before we see a digital currency developed by the People’s Bank of China?
  9. Will the new digital currency be an renminbi denominated one or could it be another currency?
  10. Should the digital currency be blockchain based?

What do you think?

Posted by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.

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