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  • China's bank-card consumer confidence edges down

    China's consumer confidence declined slightly in December on a month-on-month basis, according to an index released Monday.

    January14,2019


  • China bank card transactions surge in Spring Festival spending spree

    China UnionPay, the country's sole bank card network operator, said Thursday that transactions surged to a record high during the week-long Spring Festival holiday as card holders went on a spending spree.

    February23,2018


  • China's rules on overseas bank card transactions to have limited effect on users

    China's new rules on overseas bank card transactions will have a limited effect on card holders as they aim only to gather information to curb money laundering, not spending, an official said Tuesday.

    August09,2017


  • China strengthens scrutiny on overseas bank card transactions

    China's foreign exchange regulator said Friday it will start collecting information on the use of domestically-issued bank cards for overseas cash withdrawals and consumption to fight money laundering.

    June05,2017


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