Chinese Yuan that stays in your online payment account is usually managed by some cash funds, e.g. Yuebao from Alipay currently manages over $200 billion and it

Chinese Yuan that stays in your online payment account is usually managed by some cash funds, e.g. Yuebao from Alipay currently manages over $200 billion and it is returning 4.1% pa. In case you are arguing that the <1% fee should be considered as a part of the overall "interest" rate, well, that small fee does bring you the real convenience.