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February 10, 2011

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Card transactions up

BANK card based transactions rose 31 percent to 74.7 billion yuan (US$11.3 billion) on China's -mainland in the week-long Spring Festival holiday, China UnionPay announced yesterday.

Overseas transactions rose more rapidly, by 44 percent, in the same period as more Chinese cardholders traveled overseas on holidays with a burgeoning pocket. The holiday is a traditional period where consumers go on shopping sprees.



 

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