Pedestrians walk past an advertisement for Alipay Wallet and YuEbao, offshoots of Alibaba’s Ant Financial, at a metro station in Shanghai. Photo Imaginechina
Chinese fintechs overtake Western rivals in innovation
Joint study by EY and DBS bank says Chinese finance firms are creating ‘something quite different, that isn’t just a slightly better bank’
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Pedestrians walk past an advertisement for Alipay Wallet and YuEbao, offshoots of Alibaba’s Ant Financial, at a metro station in Shanghai. Photo Imaginechina
