It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
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China's central bank fined seven businesses last week — including a KFC and branches of state-owned corporations — for rejecting cash payments, all as Beijing pushes to make spending more accessible for foreign tourists.The People's Bank of China has meted out such punishments for years. But the employees caught this time worked for some of the country's largest and most established businesses, showing how cashless payments have grown so ubiquitous there.The bank said it fined a KFC in Wuxi,...

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