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Payment
- PayPal joins in Chinese venture
- Published: 2010-12-30 Views:79 reads
EBay Inc's PayPal business has agreed to help set up an international e-commerce hub in southwestern China as more foreign companies cash in on the country's fast-growing Internet sales market.
Paypal and the Chong-qing municipality have signed a deal to jointly develop a foreign exchange settlement platform to enable users in the municipality to pay for cross-border online shopping transactions, according to a joint statement on Wednesday.
Source:China Daily
http://english.people.com.cn/90001/90778/90860/7246379.html