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Stanchart in Talks for Credit-card Business in China
Standard Chartered Plc. said it's in discussions with Bank of China to set up a credit-card business in China, after buying US$50 million of shares in the lender's Hong Kong unit last month. The U.K. bank, which makes three-quarters of its profit in Asia, hopes to agree terms on a range of ventures with the BOC over the coming months.

(Shanghai Daily August 8, 2002)

Unified Bank Card Announced
Strengthen Credit Services, China’s Banks Warned
Long Road for Chinese Credit Card
The People's Bank of China
Bank of China
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