China launches special edition tickets, but …

SINGAPORE, KOMPAS.com – China's central bank launched a special edition of 50 yuan banknotes last week. However, the presence of paper money is not too shocking for Chinese citizens.

Quoted in Business Insider, on Friday (30.11.2018), the People's Bank of China (PBoC) launched the paper money to commemorate the 70th anniversary of the circulation of the yuan, the renminbi currency.

However, in cases where more than 500 million citizens daily use mobile payment systems such as WeChatPay and Alipay, the launch of special edition banknotes is perceived as something old.

In fact, many tourists have trouble finding paper money in Chinese cities. Indeed, many stores or retailers to merchants choose to only accept payments on a mobile basis.

In fact, the Chinese New Year in Angpao is no longer given in cash, but with digital money.

Some residents in China have also made their point of view known on this special issue of bank notes on Weibo social media. Their comments include the "I have not used money for a long time."

The hashtag has been viewed 180 million times and downloaded 32,000 times.

Some Weibo users claim that they have not used money for a long time. Some of them claimed to have forgotten what the normal edition of 50 yuan bank notes looked like.

A Weibo user asks other users how much money is in their wallet. Many users say they do not have a penny in their wallet.