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China to Ease Restrictions on Foreign Credit Cards, End Monopoly

China says it will ease restrictions on credit cards in a move that might give Visa, MasterCard and other foreign competitors greater access to the Chinese consumers. Foreign companies will be allowed for the first time to apply to set up credit card

http://www.11alive.com/video/3866766122001/1/China-to-Ease-Restrictions-on-Foreign-Credit-Cards-End-Monopoly http://cdn.newslook.com/ef/ef1dad8cf500c6a1add47dbfe37a9046/images/frame_ext.jpg China to Ease Restrictions on Foreign Credit Cards, End Monopoly China says it will ease restrictions on credit cards in a move that might give Visa, MasterCard and other foreign competitors greater access to the Chinese consumers. Foreign companies will be allowed for the first time to apply to set up credit card MasterCard IncorporatedvVisa Inc.youtubenewslookUnited States of AmericaBeijingMAChina 01:24

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