China’s fintech firms are now expanding globally. But why and how did the fintech boom happen in China in the first place? As it turns out, it’s a lot more than QR codes. Martin Chorzempa, research fellow at the Peterson Institute for International Economics unpacks this and more.
Further reading:
- Who Likes Facebook’s Libra Currency? Not the Chinese (Martin Chorzempa)
- Fintech in China: What Lies Ahead (Knowledge@Wharton)
- China Doesn’t Yet Have a Grip on P2P Lending Risks (Martin Chorzempa)