Opinion / James Chambers
Pay as you go
If I were in charge of writing the international travel advice for the US government this week, I’d be issuing a China alert – but one with a rare bit of good news rather than the usual mix of panic and hysteria. So what’s changed? Visa and Mastercard can now be linked with China’s biggest payment apps, WeChat Pay and Alipay. Sure, I am aware that’s not quite the headline peace settlement on the Taiwan issue that we’re all hoping for. Nonetheless, this technical revision to China’s cashless payments system will transform the travel experience for foreigners visiting China and pave the way for more tourism and, hopefully, fewer misunderstandings.
China rushed so quickly into the use of digital wallets and QR codes that the world’s second-largest economy ended up freezing out anyone who didn’t have a local bank account. International tourists can get by using cash but merchants and ticket machines that still accept hard currency are disappearing fast. During a recent visit to the mainland, I carried a wad of yuan that I had kept throughout the pandemic – but I only managed to spend the cash at an outdoor bouncy castle.
As of this month, all that has changed – at least for anyone comfortable enough to download a Chinese app and share their credit card number. Since the move is long overdue, Beijing doesn’t deserve any plaudits but that doesn’t mean that the positive news is not worthy of a travel alert. After all, the ability to buy a train ticket or pay for a meal at a restaurant without kicking up a fuss is arguably a lot more helpful to the average American tourist wishing to visit the Great Wall than the State Department’s latest, overly alarmist, warning about wrongful detentions. It’s also the latest in a series of micro-developments that point to healthier relations between the two superpowers. Whether China is coming good on its promise to further open its economy or simply trying to attract tourist dollars, the direction of travel should help us all relax this summer.
James Chambers is Monocle’s Asia editor based in Bangkok. For more opinion, analysis and insight, subscribe to Monocle today.