TITLE

China blocks Mastercard's yuan transactions

PUB. DATE
July 2013
SOURCE
China Economic Review (13506390);Jul2013, Vol. 24 Issue 7, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of the People's Bank of China (PBoC) to stop MasterCard transactions in yuan, which illustrates its unwillingness to open the credit card industry to foreign companies in China.
ACCESSION #
88924493

 

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