THE DAY, IN CONTEXTPolaris InsightsAn AI-powered comprehensive news portal

POLARIS INSIGHTS

Visa gets Beijing's green light for bank card business after 40 years of working with China

Visa gets Beijing's green light for bank card business after 40 years of working with China

Visa said Tuesday it received China’s approval to begin the process of establishing a local bank card clearing business.

Mainland China has kept a tight grip on its financial sector, favoring domestic players and restricting cross-border capital flows.

Six Flags shares plunge after-hours following report of deadly roller coaster incident 5.

Residents (or authorized agents) of states not listed in the “Your Rights” section of our Privacy Policy: If we do not detect that you are in one of the states listed in the “Your Rights” section of our Privacy Policy, we cannot ensure that we will be able to apply your opt out choice, even if you utilize the toggle or we receive your election through your universal opt-out preference signal.

If you opt-out, you may continue to see advertising, including ads that may be based on personal data processed before you opted out.

Read the full account of the story

More from the Markets desk

More from Markets · Back to Polaris Insights