Visa gets second billing on most China UnionPay cards and gets fees when cardholders travel abroad.
In fairness, we should note that a couple of big bank holdings in most China ETFs did well last quarter.
Yet, most China consumer observers agree that the majority of luxury consumption happens outside of the so-called tier-1 cities of Shanghai and Beijing.
While most China watchers cautioned that a rapid appreciation of the yuan was not in the cards, the conventional wisdom was that annual increases of 5 percent could be expected.
Most China watchers believe that China will allow the yuan to appreciate steadily against the dollar, and a 7 percent rate of annual appreciation is often cited as a rate that Beijing is comfortable with.
And while most China investors are far from overly bullish on China, nor subscribe to any saintly view of its economic management, the prevailing consensus among portfolio managers who continue to put money to work in China is this: China may be down, but it is not out.
The island would be a duty-free enclave, with business taxes lower than most of China.
Since then, most of China's fast-growing ranks of rich businessmen have preferred to play things safe.
ECONOMIST: Businessmen are starting to challenge the authorities
The reality is that most of China's infrastructure spending has created greater business efficiency while maintaining stable employment numbers.
Most of China's phenomenal growth has taken place in regions along the coast.
Most of China's shale gas resources are in the Sichuan and Tarim basins.
But if exports are not quite as important as they seem, how about local demand, which traditionally provides the oomph for most of China's sprawling economy?
In order to maintain exports and to manage economic expectations, many nations (most notably China) have instituted fixed exchange rates between their own currencies and the U.S. dollar.
FORBES: Germany And China Have The Gold And Will Make The Rules
Until now, most of China's explosive growth in auto sales has been concentrated in the wealthier coastal areas near Beijing, Shanghai and Guangzhou, where big, expensive sedans are popular.
Mahindra has its work cut out turning around moneylosing SsangYong, which was languishing under its previous owners, most recently China's state-owned automaker Shanghai Automotive (SAIC, the General Motors partner in China).
One of the most interesting stories in China which most foreign observers have missed is how the Chinese, in their own very ingenious ways, have adapted the Internet to fit their needs.
FORBES: How The Internet Plays Key Role In China's New Long March To Modernization
Although there are at least a dozen other similar small RTOs with clouds hanging over them and who might be delisted in the future, most in China have never heard of these companies.
As a light-hearted comedy, it contrasts with the historical epics and action flicks that make up most of China's domestic film releases, says Liv Yi, an analyst at Beijing-based entertainment industry consultancy Entgroup.
They sold their quail for meat and hired technicians to develop pig food whose quality matched that of Thai agri-giant Charoen Pokphand, which then dominated the feed business in most of China, including Sichuan.
He now has two diagnostic chips, for infectious disease and tissue transplantation, in trials at Beijing hospitals, and is spearheading a drive to link most of China's biochip expertise under one roof in a Beijing science park next year.
"Much of the world's population in North America, Europe, most of China and large portions of Russia live near temperate forests, so what happens in these forests has global importance, " said Jerry Franklin, a professor of forest resources at the University of Washington whose work was instrumental in maintaining the research plots.
Most analysts consider China Life the country's most attractive life company because it has a wider distribution network and stronger brand recognition than its competitors.
China Yuchai International Limited (CYD) : Incorporated in Bermuda with operational headquarters in Singapore, China Yuchai does most of its business in China.
The less good news is that most of the manufacturing happens in China, so most of the jobs are there.
And, most importantly, China is the largest holder of U.S. debt outside the Federal Reserve.
Most economists expect China and India will do so in the next month or so.
Most drugs in China are sold through hospitals, which favor locally produced generics.
What are the three asset classes experiencing the most growth in China today?
Most cities in China are supposed to have emergency preparedness plans for fires.
The Lunar New Year is celebrated in many countries, most notably in China, and holiday times usually mean less physical demand.
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