Caixin
Mar 19, 2024 08:49 PM
BUSINESS

In Depth: China Targets Payments Problem to Win Over Foreigners

00:00
00:00/00:00
Listen to this article 1x

Step by step, China has been encouraging more foreigners to enter the country since reopening after the pandemic, including waiving visa requirements for citizens from over a dozen more countries and making local digital payment services more international-user friendly. But tourists aren’t biting, at least not like they used to.

It has been more than a year since Beijing began allowing international travel en masse, but still flights and the flow of visitors from countries such as the U.S. are nowhere near 2019 levels. Sour relations with the West and years of strict “zero-Covid” curbs are partly responsible for the sharp reduction in the number of visitors to China.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe
00:00
00:00/00:00