Saturday, April 17, 2021
Tags Chinese bank cards

Tag: Chinese bank cards

Chinese Bank Cards Increase 8.9% YoY in 2019 to 8.53 Billion

A new report from the peak body for the Chinese banking sector points to robust growth in bank cards in 2019.

PBOC Approves First Bank Card Clearing License for China UnionPay

China's central bank has given its approval to the issuance of the country's first bank card clearing operations license in anticipation of...

Over 100M China UnionPay Cards Issued Abroad, Transaction Volume Up 40% YoY in 2018

Chinese bank card giant UnionPay is fast expanding its overseas presence in terms of cards issued abroad as well as transaction volumes. Data just released...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...