Ron Burgundy Posted November 1, 2014 Share Posted November 1, 2014 HONG KONG (Reuters) - Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong's South China Morning Post newspaper reported on Saturday. The paper quoted a source from China's largest credit card supplier, Goldpac Group, saying People's Bank of China (PBOC) officials had informed them of the date in September. "When the central bank gives a date, they always follow through with that," the source, an unidentified department head, was quoted as saying. ... View the full article Quote Link to comment Share on other sites More sharing options...
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