Author: greendragon

Would China develop it's own credit card system? [Copy link] 中文

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Post time 2009-11-18 14:29:09 |Display all floors
China has created its credit card system already

Or how can we resist the gone financial crisis storm ???

In China,finance be controlled by government

So you don't worry happend big trouble......

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Post time 2009-11-18 14:38:30 |Display all floors
Besides......

Now is high-speed times for credit card develop

Many people have one more cards

MORE AND MORE person join in the queue of sell credit card

apply a card return you a small gift

IT'S A ATTRACTION.

and so frequently be called on annoying us now

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Post time 2009-11-18 16:36:16 |Display all floors
besides the small gifts( normally imported from China)

i prefer to help those salesmen/lady so that they get their $ commission

$50-120 per card la , enough to call China for 2-4 hours
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2009-11-19 10:21:55 |Display all floors
Originally posted by caringhk at 2009-11-18 16:36
besides the small gifts( normally imported from China)

i prefer to help those salesmen/lady so that they get their $ commission

$50-120 per card la , enough to call China for 2-4 hours

You're really a good heart man

God bless you !!!

I also hard refuse it,but i don't need such many cards indeed

AND...

leak out your identity......

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Post time 2009-11-19 12:53:08 |Display all floors

Reply #38 caringhk's post

ha ha ha

so, the credit card helps....

ha ha ha


Green DRagon
Game Master

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Post time 2009-11-23 10:22:40 |Display all floors
Originally posted by greendragon at 2009-11-19 12:53
ha ha ha

so, the credit card helps....

ha ha ha


Green DRagon
Game Master

help what?

use credit card have promote us endless consumption

hardly stop the desire

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Post time 2009-11-23 12:42:47 |Display all floors

Reply #41 jiefang's post

really depends on what level of development China is!

unless you are talking about GOLD STANDARD, need to conserve gold, silver from outflow.
but today it's about acquisition of ASSETs, as we operate on a fiscal system dominated by credit growth!
so, if we do not want "impulse buying", credit card curtailment helps!

but nowadays, INDUSTRY watches the credit card expenditure patterns to help them in the business planning!
credit card are mostly used for larger purchases, in Malaya, i observe mostly the Rmb60 and above!
(but we have now some lower value purchases encourage by banks such as EON Bank and UOB = less than Rmb20 purchase which i find rather strange !!!)

that means most durable purchases, entertainment purchases by the middle class!
(since there is income limit on credit card use!)
it gives BUSINESS CORPORATION an idea on the business direction!

In the past, MASTERCARD, VISA does give analysis of purchases, but such data seems to be lacking in the media nowadays! CHINA should used it's own UNION PAY card system, so that Chinese businesses has good idea the direction of consumption easier!!! More information makes business decision better!

cheerios!



Green DRagon
Game Master

[ Last edited by greendragon at 2009-11-23 12:55 PM ]

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