Electronic payments are already very popular in China. Photo: Shutterstock

China ‘Blockchain Day’ could become reality after Xi Jinping’s endorsement of technology

  • Communications Industry Association proposes that October 24 become the designated day to celebrate technology behind cryptocurrencies such as bitcoin
  • China is also looking to launch its own digital currency that would rival Facebook’s Libra having been a frontrunner in research into the technology
Topic |   China economy

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Electronic payments are already very popular in China. Photo: Shutterstock
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Frank Tang

Frank Tang

Frank Tang joined the SCMP in 2016 after a decade of China economy coverage and government policy analysis.