Credit Cards in China - New Market Research Report
Credit cards continues to record dynamic growth, with transaction volume and value set to rise by 14% and 19% in 2012, albeit from a relatively small base in comparison with ATM and debit cards. As banks in China are prudent with regard to consumer lending due to the tightening of monetary policy during the review period, increasing credit card instalment and overdraft payments helped to boost overall credit card transactions. A growing number of consumers are resorting to credit card...
View full press release