Foreign credit card firms hit JV obstacle in China push

The push to get foreign card issuers to enter into equity tie-ups with Chinese companies, instead of running fully-owned units, comes ahead of Trump’s visit to China this week, and could further delay access to China’s rapidly-growing market for foreign card companies like MasterCard and Visa.The Trump administration has been a fierce critic of what it sees as China’s mercantilist policies. In September, Robert Lighthizer, the U.S. Trade Representative, criticized China for forcing companies into joint ventures.คำพูดจาก สล็อตเว็บตรง

Trump also called the U.S. trade deficit with China “horrible” ahead of a trip to Asia that started Friday and includes visits …