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China issues 7.83B bank cards in total

from Xinhuanet

China had issued a total of 7.83 billion bank cards by the end of 2018, with each Chinese person owning about 0.7 credit cards and 4.92 debit cards on average, according to an industry report. Transactions worth $114.61 trillion were made through bank cards, maintaining a stable growth momentum, said the report released by the China Banking Association. more

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