Wearable tech could have a positive spillover to consumption, especially in Beijing where more than 60 million contactless smartcards are in use solely as a means of paying for fares in the city's metro system. Photo: AFP

Shanghai embraces tech wearable trend with debut of 'Shuashua' bracelet

The new wearable bracelet allows users swipe-to-pay convenience when using public transport and other small transactions

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Wearable tech could have a positive spillover to consumption, especially in Beijing where more than 60 million contactless smartcards are in use solely as a means of paying for fares in the city's metro system. Photo: AFP
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