| A Theoretical Probe on the Establishment of Chinese Union Pay among Chinese Banks |
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| 作者姓名： | Shengqi Yao Xiaohui Zhou |
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| 作者单位： | [1]School of Economics and Finance of Xi ＇an Jiaotong University~Industrial and Commercial Bank of China, Shaannxi Branch [2]School of Economics and Finance of Xi＇an Jiaotong University, Shaannxi Branch |
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| 摘 要： | With China＇s entering WTO and the gradual opening of finance market, domestic banks, whether large or small, state-owned or not, are confronted with challenges and fierce competitions from foreign consortiums and banks. Consequently, it arouses a warm debate over whether China Union Pay should be established among native banks. This paper focuses mainly on this issue, through game theory analysis; it clearly articulated the significance and necessity of setting up China Union Pay among native banks and also compared between the benefits and loss of them to get the final recommendation.
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A Theoretical Probe on the Establishment of Chinese Union Pay among Chinese Banks |
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| Shengqi Yao Xiaohui Zhou.A Theoretical Probe on the Establishment of Chinese Union Pay among Chinese Banks[J].China-USA Business Review,2006,5(7):48-51. |
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| Abstract: | |
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| Keywords: | credit card electronic finance game theory WTO |
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