Chinese Economics Thread
- Thread starter Norfolk
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With due respect, I've included the wiki page below that explains unionpay.
It offers both credit and debit cards (though I've only used it for cash as explained in my previous post). Quickpay (银联闪付) is a smart card service I have not used. It was only introduced in the mid 2010's. The reason I brought up wechat pay and alipay is that either one is more widely used (by a large margin) for point of sale (POS) purposes here in China.
I stand corrected! Unionpay’s digital offering is called 云闪付, not 银联闪付. From late last year, WeChatPay and Alipay supports 云闪付 QR codes.
Does anyone know what's going on with Tianjin Binhai? I've heard the plans for a "new Shenzhen" were put on hold because of politics and fiscal issues with the local government. Is the issue being solved?
It's such a waste though. A Binhai-Tianjin-Langfang-Beijing-Zhangjiakou economic corridor makes a lot of sense and would drive a lot of growth to the laggard north. Certainly makes more sense than Xiong'an that's built in the middle of nowhere
It's such a waste though. A Binhai-Tianjin-Langfang-Beijing-Zhangjiakou economic corridor makes a lot of sense and would drive a lot of growth to the laggard north. Certainly makes more sense than Xiong'an that's built in the middle of nowhere
China is uber stringent when it comes to safety and conditions of imported food, it took Argentinian food processors around 15 years to satisfy all requirements and tick all the boxes.
Unionpay is actually ubiquitous now in most locations and sellers that caters to Chinese (tourist and students).
Binhai is kinda dead. I was working there in 2018 for 6 months. It kinda died after the explosion. Alot of the shop fronts are closed, and the stadium is also closed. The high speed rail don't go there that often anymore, so I had to hop on the subway or taxi to get to Tianjin station rather than wait for the HSR. Kinda sad.