"Four new NFC smart watches that make use of China UnionPay’s cloud-based payments service have been unveiled in Shanghai.
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Consumer and technological trends in China
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Of course technology plays a key role in the world’s (expected) largest consumer market!
Curated by
Leona Ungerer
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"Allowing customers to pay with their smartphones means faster lines, more orders for Starbucks ..." 
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From
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"Consumers there are finding convenience and security in using smartphones to pay. An estimated $5.5 trillion was spent through mobile platforms in 2016, about 50 times the amount in the U.S. ..."
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"China's fast-developing mobile commerce industry is estimated to dwarf that of the U.S., so CNN set out to see how far a phone would go in Beijing ..."
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