China, Not Silicon Valley, Is Cutting Edge in Mobile Tech

“The U.S. was first to credit cards, and everyone there has a personal computer. But China, where everyone is on their phones all the time, is now ahead in mobile commerce and mobile payments by virtue of leapfrogging the PC and credit cards,” Mr. Thompson said.

http://www.nytimes.com/2016/08/03/technology/china-mobile-tech-innovation-silicon-valley.html?_r=0

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