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The question doesn't really make much sense applied to the whole country, does it? It's more important I think to point out which places are important, and also
by setr 8y ago
The question doesn't really make much sense applied to the whole country, does it? It's more important I think to point out which places are important, and also have high tourism
ie Also quick googling but honk kong apparently has 16% of its income, and 20% in 2014, from tourism[1]. (currently trending downwards, perhaps related to this?) This is also presumably the kind of area where these apps are most important.
I'm also not sure it constitutes desired monetary policy, so much as an accident of natural processes that wasn't stopped. Whether they like it or not, I doubt it was planned, and I doubt it was truly wanted. More like, accepted.
[1] https://knoema.com/atlas/Hong-Kong/topics/Tourism/Travel-and-Tourism-Total-Contribution-to-GDP/Contribution-of-travel-and-tourism-to-GDP-percent-of-GDP https://knoema.com/atlas/Hong-Kong/topics/Tourism/Travel-and...
- Obsnold 8y agoHong Kong is a bad example as cash is still king here and they use the Hong Kong Dollar not RMB. In my experience the locals don't really use wechat either unless they need to talk to people in the mainland.