Wal-Mart, Bank of Communications Launch China Credit Card
Mei Fong reports for the Wall St. Journal about today's expected launch of a new credit card in China by Wal-Mart and China's Bank of Communications. According to Fong, "Wal-Mart officials in China confirmed the coming announcement, adding that the card is a regular credit card that can be used anywhere, but that will provide users special discounts at its stores. It will be a dual-currency card that can also be used anywhere outside China."
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