When you live in China, you don't have to worry if you forget to bring your wallet with you, but make sure you bring your Smartphone and you are registered with an app named Alipay. "Ali" isn't this name familiar? Yes, it's part of Jack Ma's Alibaba kingdom. Currently Apple announced that they would launch its Apple Pay in China. How well will Apple Pay grab the Chinese Market?   Entering China Entering China, Apple Pay won't be alone. Together with UnionPay (state-affiliated network...