PayPal is targeting foreign shoppers who want to buy from Chinese online stores as it looks to build a presence in China’s huge online payment market. Photo: Reuters

PayPal seeking a place beside Alipay and WeChat in China’s booming online payment market

The US company is targeting foreign buyers who shop online in China as a first step, and wants to cooperate with other payment firms

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PayPal is targeting foreign shoppers who want to buy from Chinese online stores as it looks to build a presence in China’s huge online payment market. Photo: Reuters
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