Global Trade Alert
Global Trade Alert

China: WeChat and Alipay remove restriction on use by foreigners in the PRC

Announcement

06 Nov 2019

November 7th, 2019 - The owners of WeChat Pay and Alipay, the two primary providers of non-cash payment in China, open the service up to foreigners.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

07 Nov 2019

Revocation date:

No revocation date

Updated: 06 Nov 2019
Controls on commercial transactions and investment instruments In force

On November 6th, 2019, according to consistent news reports and announcements from the respective company representatives, the two Chinese non-cash payment providers WeChat Pay and Alipay opened th...

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