Global Trade Alert
Global Trade Alert

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

Announcement

29 May 2019

29 May 2019 - The Chinese government announced it was enforcing equal treatment for certain foreign firms.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

29 May 2019

Revocation date:

No revocation date

Updated: 29 May 2019
FDI: Entry and ownership rule In force

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 cl...

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