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花旗、Visa 对中国仍重要,反之亦然Citi, Visa still matter to China, and vice versa

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北京正向这两家美国巨头敞开大门:允许花旗设立境内证券业务,允许 Visa 开展银行卡清算业务。

From Breakingviews - Breakingviews - COMMENTARY: Citi, Visa still matter to China, and vice versa Beijing is opening up to the US duo: an onshore securities business for the bank and bank card clearing for the payments giant.

这一举措虽迟到,但双方均可从 20 万亿美元规模的中国经济及其“走出去”雄心中获益,借助中国竞争对手难以轻易复制的全球网络。

It’s overdue but both can profit from the $20 trln economy and its outbound ambitions through global networks Chinese rivals cannot easily replicate.

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