Visa International president and chief executive officer Edmund P. Jensen spent three days in China last week to bolster the association's commitment to that emerging card market.

The San Francisco-based association entered China in 1988. By midyear 1996, sales volume from 11 million Visa cards reached $5.1 billion, a small but growing portion of the $104.1 billion spent on Visa cards in the Asia- Pacific region.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.