China, Indonesia launch cross-border QR payments – a boost for the global yuan?

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Source: South China Morning Post
Published: 2026-05-04 19:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Immigration, Asia, Economy & Finance, China, World News, Business & Economy, Asia Pacific
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Snippet:
New initiative lets consumers use home-grown apps like Alipay for cross-border payments – supporting Beijing’s push to expand regional financial links
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