Apple Pay gets ready to launch in China

Apple Pay in the UK

Apple is thriving in China, so you can imagine that it's practically salivating at the thought of launching Apple Pay in the country -- and it looks like that may happen relatively soon. The state-backed newspaper Wenhui News has learned that Apple quietly registered a payment business in Shanghai's free trade zone back in June. While it wasn't exactly clear what this would entail at the time, Wall Street Journal sources claim that the new business exists chiefly to bring Apple Pay to China. This doesn't guarantee an imminent debut (Apple still has to line up banks and stores), but the groundwork is now in place. If all goes well, it shouldn't be too long before tapping your iPhone lets you buy goods in Beijing.