Two ambitious companies want to challenge Wechat Pay and Alipay’s dominance of mobile payments in China. Can PayPal and Douyin find room in the market?

Also in this episode, Huawei’s huge, expensive new folding phone. It’s big; it’s expensive; but Huawei’s smartphone market share is shrinking fast.

AND hey big spenders! Mutual fund message boards turn into makeshift dating services.

Hosts: Timothy Pope and Chen Tong

Music: Big Spender (Karaoke Version, Originally performed by Peggy Lee)