3min chapter

Macro Musings with David Beckworth cover image

Martin Chorzempa on China’s Cashless Revolution and the Rise of Super Apps

Macro Musings with David Beckworth

CHAPTER

Xi Jinping - The New Leader in China?

Xi Jinping comes to power right at about the time this fintech revolution is about to begin. He's immediately projecting an image of someone who is pro innovation and wants technology to work with the party. The signals he was sending were very positive for technology at the very beginning. Now he does seem to show some flexibility and he's relaxing the zero-covid policy.

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