|
|
Article: Global Credit Card Industry - Emerging Markets - In China, Growth in the Number of Credit Cards Surged To Nearly 93% in the First Half of 2008.(Report)
- Article from:
- Journal of India
- Article date:
- January 6, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Research and Markets (http://www.researchandmarkets.com/research/1fe7e9/global_credit_card) has announced the addition of the "Global Credit Card Industry - Emerging Markets" report to their offering.
Our new research report, "Global Credit Card Industry - Emerging Markets", states that with changing consumer spending patterns, the credit card market in emerging economies has expanded rapidly in recent years. For instance, between 2004 and 2007, the number of credit cards in Brazil and Mexico more than doubled, while the number of cards in circulation in Poland tripled. Outstanding credit card debt in India tripled over the same period. In China, growth in the ...