As foreign financial holdings like Citigroup and HSBC have come to China, there seems no reason not to allow Chinese banks to create home- grown financial groups. |
Five million cards is just the beginning for us. We have met the profitability level for the business and are now keen to expand our market share. |
I would never let the bank earn interest on my credit card. |
Not only is it annoying to mobile customers, it also disrupts social life and damages the telecom operator's credit standing. |
Relatively few people are using the credit line to borrow, and that's limiting our ability to issue more cards and make a profit. While we want people to roll over and earn interest on unpaid balances, we don't want to see them default. |
We need a fair game before the door is fully open to foreigners. |