China's Great Leap to Wallet-Free Living | Moving Upstream

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  • Published on:  Thursday, January 18, 2018
  • No cash? No problem. A trip to Shenzhen, China highlights how the explosive growth of mobile payments is driving a wallet-free society. WSJ's Jason Bellini reports. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81XyMore from the Wall Street Journal: Visit WSJ.com: http://www.wsj.comVisit the WSJ Video Center: https://wsj.com/videoOn Facebook: https://www.facebook.com/pg/wsj/videos/On Twitter: https://twitter.com/WSJOn Snapchat: https://on.wsj.com/2ratjSM
  • Source: https://youtu.be/75AXINUL47g
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Comment

  • sebatian

    sebatian

     3 months ago +1626

    China: invents paper currency
    also China: ends paper currency

  • Julian Nagano

    Julian Nagano

     2 months ago +607

    People be like "OMG, everything is traced in China", while watching this video with their YouTube-Account, connected to their Google-Account.

  • onee

    onee

     2 months ago +380

    "Americans don't like their data to be collected."
    Oh boy, did these people actually ever bother to look up what companies like Facebook and Google collect on data.

  • Malini Komang

    Malini Komang

     11 months ago +468

    okay, so china is cashless.. but for me, im pennyless 😂😂

  • Mathew Mcconnel

    Mathew Mcconnel

     a years ago +2407

    Just saying, paper money itself was also invented by Chinese, in around 1000 years ago.

  • schoshanna

    schoshanna

     2 months ago +304

    Living wallet-free?
    *Germany has left the chat

  • Lobert_Lin

    Lobert_Lin

     10 months ago +341

    Just because the west doesn't blatantly invade your privacy, that doesn't mean they are not tracking your data.
    Look at your Android / Apple phone for example

  • Alya Dyah

    Alya Dyah

     4 months ago +376

    "the government already knows a lot about me. i'm not commiting a crime don't give a sh8t." -Naomi Wu

  • MockTubeLOL

    MockTubeLOL

     1 months ago +129

    Naomi's rack is fully paid on wechat too

  • BeginPanicAttack

    BeginPanicAttack

     2 months ago +161

    laughing at the western journalists saying people in the west are more protective of our data
    out governments are literally doing the same shit or worse

  • BinhMinhTQN

    BinhMinhTQN

     22 hours ago +1

    No more looking for cash or which card you gonna use no changes save time at the check out

  • stephen hunter

    stephen hunter

     2 months ago +109

    You chose Naomi for her skills. Sure ya did!

  • Rudy Alfonsus

    Rudy Alfonsus

     1 months ago +45

    seriously, some westerns are really stupid af. do they really think they have privacy by using credit card?

  • 中原マリ

    中原マリ

     a years ago +1189

    Americans are scared about data privacy
    Haha, have you read Google, Apple, and Facebook's terms of services? I'll shock you.

  • J C

    J C

     2 months ago +55

    i mean edward snowden proved that US was spying on every individual..dont they know that

  • jack love

    jack love

     2 months ago +76

    Now i know why every chinese phone have hugeee battery cappacity

  • s n

    s n

     2 months ago +135

    Data privacy in West is an illusion- like Santa.

  • Leertese Beirge

    Leertese Beirge

     21 hours ago +1

    One app to rule them all. Forged from the Fires or Mordor

  • Mechforce-USA

    Mechforce-USA

     a years ago +2158

    The moment you using Google Chrome, Facebook and other programs, your data privacy is already surrendered.

  • 孩子我只是个

    孩子我只是个

     2 months ago +82

    20 years late I will be like
    Back in my day, we have paper money called CASH