Friday, October 16, 2026
Personal Finance

US Asks China to Open Doors for Mastercard, Citi

The United States wants China to allow Mastercard and Citigroup to do more business, a US Treasury official says.

The United States is talking with China about global companies. US leaders want China to open its markets. They ask China to let firms like Mastercard and Citigroup grow their business there.

These discussions happened in Bangkok. Officials from both countries met. A US Treasury official shared this news. They talked about American businesses getting fair access to China's large economy.

American companies want to serve more customers in China. This means more choices for Chinese people. It also helps US companies expand worldwide. The talks aim to make this happen.

Source: CNBC

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