China Is Poised to Compete in the Tech Revolution

China Is Poised to Compete in the Tech Revolution
AP Photo/Ng Han Guan, File

BEIJING — Only in China could there already be a Museum of Internet Finance. Though most Americans have barely adopted the term “Fintech,” online banking is already old hat in Beijing. On Thursday I toured the museum with its founder, Wang Wei, who delighted in showing me exhibits like a bitcoin ATM. The cryptocurrency is just eight years old. In today's China, that's ancient enough to belong in a glass display case.

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