Business · Companies · 1 hr ago
Visa gets approval for China card business ahead of Trump-Xi summit
Visa has received approval for a card business in China ahead of a planned summit between US President Donald Trump and Chinese President Xi Jinping.
The source does not give details about the approval or the business.
The move comes as the leaders prepare to meet, but no further connection between the approval and the summit is stated.
Visa is a payments company, and its China business would operate in a major national market.
The approval could allow Visa to expand its presence there, though the source does not say when operations may begin.
No next steps or details about the summit are provided.
The source article text contains subscription offers but no reporting about Visa or approval for its China card business.
It does not provide details about the approval or the planned Trump-Xi summit.
No factual account of the story can be established from the supplied text.
- Who
- Not stated
- What
- Not stated
- When
- Not stated
- Where
- Not stated
- Why
- Not stated
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Published
- 2026-10-13 08:15 UTC
Sources
Related news
China approves Visa to prepare a domestic bank card clearing business
EU-China trade talks leave the bloc’s widening deficit largely untouched
Saudi Arabia imposes anti-dumping duties on Chinese aluminum can lids
Roche signs obesity drug licensing deal with China's Rona worth up to $1.16 billion
EU and China agree to cap hybrid car imports at 350,000 a year
Fuyao founder urges Chinese firms expanding overseas to respect local rules
China and EU agree to cut hybrid car exports by more than half
Ola Dimensions raises hundreds of millions of RMB in fourth funding round
Chongqing expands electric car exports through rail and sea routes
Yichang moves sturgeon farming from river cages to indoor facilities
Shanghai shares rise as more than 2,900 stocks gain
