Taiwan: 368 Stores Accept UnionPay Cards
According to Taiwan's financial regulatory department, 368 stores in Taiwan have installed UnionPay's terminals to accept bank card and credit card payments from mainland consumers.
financial services
Wal-Mart To Provide Financial Services In 80 Chinese cities
Wal-Mart has reached a strategic cooperation agreement with the Chinese offline payment provider Lakala to provide financial services to people in 80 cities across China.
ICBC Opens First Bank In Middle East
The Industrial and Commercial Bank of China has opened its first wholly-owned Middle East subsidiary bank in Dubai, the economic and financial center of the United Arab Emirates.
China's Yangtze River Delta Region To Set Up Credit System
Shanghai, Jiangsu and Zhejiang have signed a memorandum of understanding with the People's Bank of China on together building a credit system for the Yangtze River Delta.