How cashless mainland China made Hong Kong, Singapore look backward

It’s lunchtime on a Tuesday and a hungry office worker has just pulled up beside Amoy Street Food Centre – a popular haunt in the Central Business District of Singapore. For the next five minutes he fumbles with a parking coupon, tearing tiny holes in the paper to indicate the date and time, as well as the duration he will be parking his car there. Up till about a year ago, this was a common sight in the 1,100 public car parks across the island, as were tiny round pieces of paper…