FILE PHOTO: A woman wearing a mask walks past the headquarters of the People's Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS/Jason Lee/File Photo/File Photo
The approval comes against a backdrop of high Sino-U.S. tensions, with disagreements over trade and Beijing’s imposition of a national security law for Hong Kong.
I wonder if Amex and PayPal is required to hand over customer data.
Chines companies can operate as independent entities in the US but in China an American company can only operate as a joint venture. Level the playing field!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China central bank bank approves American Express for bank card clearance businessChina's central bank said on Saturday it has given American Express approval to set up a bank card clearance business in the country. 'China central bank bank approves... ' proofreading not done? 🤔
Source: Reuters - 🏆 2. / 97 Read more »
American Express Gets Nod to Start Operating Card Network in ChinaChina’s central bank gave American Express the green light to start operating a card-clearing network that will process transactions in yuan, giving the U.S. card company greater access to the country’s spenders. The sellout of Main St. America by Wall St. continues. Amex will now become a huge political supporter of CCP. Who the hell will use yuan? It’s a currency that issued by a bunch of gangsters and can be depreciated any time. Yeah, yeah!🧐BUT, but COVID19 CHINA CONTINUES TO LACK INTEGRITY ETHICS ChinaLiedPeopleDied ChinaMustPay NO DISTRATION accountability NOW!🇺🇸📜⚖️🧾📊📈💸🌍👈🧐 leadership’ are CRIMINALS chinaisasshoe ...ethics🌍⚰️💉🩸🦠🧬🧫🔬⚖️🌍🌎
Source: WSJ - 🏆 98. / 63 Read more »