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FEATURE29 January 2018

Spending habits

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Asia Pacific Features Finance Impact Trends

In Japan, consciousness around spending and residual fears of corruption mean consumers are hesitant to move away from physical cash. But that is slowly changing, write Flamingo’s Yuka Uchijima and Chris Illsley.

Begging in China has gone cashless. The growing trend for e-payments, which resulted in 58.8tn renminbi (US$8.8tn) of mobile payment transactions in 2016, has seemingly made its way to the streets. 

Some of the country’s most needy are now ...