It welcomes the yuan, and a huge new market
(NEWSER) - iPhone, iPod, and iPad apps can now be paid for with Chinese yuan. Customers of more than 20 Chinese banks are now able to use the yuan to purchase apps for their Apple devices, while previously they were required to use a dual-currency credit card—an obstacle that encouraged many users to hack their phones instead. Apple's welcoming of the Chinese currency signals a wider expansion of the tech company into the enormous growth market of China, reports the Wall Street Journal . More»