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CHINA AHEAD WITH MOBILE PAYMENTS When it comes to mobile payments, China has been one of the leading innovators. Compared to the U.S., where people still use checks, cash, and plastic, China seems ages ahead. One of the reasons is that the Chinese government, notoriously, had been making it hard for the credit card companies to break into the Chinese market in the 1990s and 2000s. That created a vacuum in the payment options and prompted an intensive search for other cashless ways to pay. Is it
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