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Podcast: Round Table China
Episode:

Mobile money erases China's ATMs
Category: Society & Culture
Duration: 00:26:27
Publish Date: 2025-05-29 05:00:00
Description:

The number of ATMs in China has collapsed to just 800,000, a 25% drop in five years, as mobile payments dominate daily life. While urbanites enjoy frictionless transactions, the decline of cash infrastructure threatens to exclude older and rural populations who rely on physical currency. Is China's financial future leaving vulnerable groups in the past? On the show: Steve Hatherly, Niu Honglin & Laiming

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