A Chinese woman poses with a handful of credit cards and a 100 yuan banknote Beijing . Photo: AFP
China’s central bank denies delaying Mastercard and Visa access to payments market
- China’s central bank has denied dragging its heels on opening the massive Chinese payments market to Mastercard and Visa
- The Financial Times reported that the PBOC was stalling market entry for payments giants
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China economy
A Chinese woman poses with a handful of credit cards and a 100 yuan banknote Beijing . Photo: AFP