In the news: China opens up to Visa and MasterCard, CNR and CSR discuss merger and Xi calls for FTZ expansion
October 30, 2014 | BY
clpstaff &clp articlesThis week international credit card firms were allowed to set up clearing operations in China, train manufacturers CNR and CSR started merger talks to compete on a global scale and the president encouraged expansion of free trade zones to other parts of the country
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China eases grip on foreign credit cards
China is taking a step to ease its monopoly over the handling of credit card payments and allow foreign companies such as Visa,