China's coronavirus stimulus opts for coupons in a world awash with cash handouts — why?ShareChina is no stranger to a cashless economy, and that now extends to its coronavirus economic recovery.As part of recovery plans, local city governments have been issuing citizens with digital coupons that will help them buy groceries or takeaway food, but there are two catches: some have short expiry dates, while others incentivise people to spend a certain amount (like a two-for-one deal).Coupons have been appearing on Chinese smartphones and tablets since late March, and at the last count, more...…China's coronavirus stimulus opts for coupons in a world awash with cash handouts — why?ShareChina is no stranger to a cashless economy, and that now extends to its coronavirus economic recovery.As part of recovery plans, local city governments have been issuing citizens with digital coupons that will help them buy groceries or takeaway food, but there are two catches: some have short expiry dates, while others incentivise people to spend a certain amount (like a two-for-one deal).Coupons have been appearing on Chinese smartphones and tablets since late March, and at the last count, more...WW…