Laos and China have launched a new digital payment link that allows Chinese visitors to pay Lao businesses using China’s digital yuan, without needing to exchange cash into Lao kip.
The system connects China’s digital yuan, known as e-CNY, with Laos’ domestic QR payment network. A Chinese visitor can now...
A former Australian teacher managing a coffee company and cafe in central Laos sees the scheme as key to alleviating poverty among hill tribes.
Derek...