As China ramps up testing of its digital yuan, its call for help from Ant and Tencent has led to an awkward dynamic, as Alipay and WeChat Pay are likely rivals (Jing Yang/Wall Street Journal)

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Jing Yang / Wall Street Journal:
As China ramps up testing of its digital yuan, its call for help from Ant and Tencent has led to an awkward dynamic, as Alipay and WeChat Pay are likely rivals  —  Jack Ma’s Ant has quietly run pilot tests using digital yuan; ‘it’s even more risky to stay on the sidelines,’ says one observer

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