Cross-border travel is expected to reach a new peak at the end of the year. According to Alipay data, since December, there has been a surge in the number of users receiving “cross-border spending credit reduction discounts”. In the first week of December, there was a 69% month-on-month increase, with South Korea and other regions as high as 129%.

Cross-border travel is expected to reach a new peak at the end of the year. According to Alipay data, since December, there has been a surge in the number of users receiving “cross-border spending credit reduction discounts”. In the first week of December, there was a 69% month-on-month increase, with South Korea and other regions as high as 129%.