Asia

Standard Chartered Issues Yuan Debit Cards in China

United Kingdom-based Standard Chartered bank has begun issuing yuan-denominated debit cards in China after signing a card agreement with China UnionPay, a bank spokesperson tells CardLine Global. The bank earlier this month received permission from Chinese financial authorities to issue the cards (CardLine Global, 14 July). The bank is among the first foreign financial institutions

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Chinese Making More Inquiries About Credit Records

In an apparent sign of the growing sophistication of the Chinese lending market, Chinese citizens made at least 150,000 inquiries about credit records in June, the People’s Bank of China says, up from 1,000 inquiries in January 2005. The increase in inquiries comes after China’s financial authorities expanded the information included in the country’s credit-information

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CIO Magazine

Facebook Says China Not Blocking Access Facebook said late Tuesday that it was not aware of any blocking of its sites in China, despite reports of outages from cities around China. By Steven Schwankert July 01, 2008 — IDG News Service — Facebook said late Tuesday that it was not aware of any blocking of

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