ICBC launches first U.S. credit cards

Industrial and Commercial Bank of China USA launched its first U.S. credit cards in New York on Tuesday, aiming to serve consumers who travel frequently between the world’s two largest economies.
The largest bank and card issuer in China is offering the new credit cards featuring two networks, Union Pay and Visa, addressing the needs of new comer to the States who seek to building a relationship with their bank and those travelling to China who find it difficult to make payments without cash.