China's commercial banks had more than 749 million credit cards in circulation as of March, up 77% from five years ago, according to data from Wind. "American Express Gets Nod to Start Operating Card Network in China" published June 13 at 3:08 ET incorrectly said there were 8.5 billion credit cards. That number is the total for bank cards.

 

(END) Dow Jones Newswires

July 03, 2020 11:28 ET (15:28 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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