Briefly

WeChat expands QR payments for visitors

Chinese financial services provider UnionPay International and payment platform WeChat Pay have introduced enhanced payment services for foreign visitors to the Chinese mainland, aiming to offer more diverse and convenient payment options. Travelers using any of eight overseas e-wallets, including Bangkok Bank Mobile Banking and Naver Pay, can now make payments on the mainland by scanning China's WeChat QR codes, according to UnionPay.

RMB strengthens against USD

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 11 pips to 7.1880 against the US dollar on Wednesday, according to the China Foreign Exchange Trade System.

Xinhua - China Daily