CHINA SPEED Episode 05: How can foreign brands reach Chinese consumers through Fintech?
Updated: Aug 20, 2020
On 6th Aug, we are excited to have Yassine Regragui on our CHINA SPEED Live to discuss how can Fintech help foreign brands to reach Chinese consumers. Yassine worked at Ant Group, launched and led Alipay’s multilingual App for non-Chinese users. In the LIVE Yassine also shared his informative insights about the future trend of China Fintech industry and how Chinese consumer behaviors influenced by Fintech. To get detailed information please check out replay video here:
00:02:20 Introduction of Yassine Regragui
00:04:30 “Cashless” life in China
00:05:55 Payment landscape in China
00:06:40 China’s Fintech ecosystem
00:08:14 China’s Fintech largest players
00:09:50 Tech ecosystem: East vs West
00:11:17 Introduction of Ant Group
00:14:14 Introduction about Alipay: A payment & lifestyle app
00:15:53 How can Alipay help foreign brands to reach Chinese consumers?
00:17:57 The most used app in China: WeChat
00:19:30 How can WeChat Pay help foreign brands to reach Chinese consumers?
00:24:13 Q: Is “Cashless City” actually good?
00:27:32 Fintech Regulation
00:34:09 Insights about credit scouring in Alipay & WeChat Pay
00:37:21 Comparison of Fintech in China & Western countries
00:42:26 Globalization strategy of Alipay and WeChat Pay
00:47:53 Insights about the future of China Fintech industry
00:52:23 Q&A: How will Fintech players evolve in China with DCEP from government? Will this leverage them or limit them?
00:54:23 Q&A: Do you think there will be interoperability between Alipay, WeChat Pay and others?
01:00:03 Yassine’s China life
Thank you for watching!
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