Global Trade Alert
Global Trade Alert

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China: Foreign card clearing services guaranteed equal treatment when applying for operating licence

Description

On 29 May 2019, the Chinese State Council released an updated version (hereafter, '2019 Announcement') of a piece of legislation first promulgated in 2015, concerning the operations of bank card clear...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

29 May 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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