U.S. raises Mastercard, Citigroup China market access in bilateral Bangkok talks, official says

cnbc.com · 2026-10-16

The U.S. raised market access issues for Mastercard and Citigroup in China during bilateral meetings in Bangkok this week, a U.S. Treasury official says.

TickrTrends take: The news of improved U.S.-China market access discussions for Citigroup represents a potential positive development for a major revenue driver, given the company's substantial operations in Asia. Against TickrTrends' current assessment that C is fairly valued, investors focused on valuation should monitor whether such geopolitical progress translates into tangible earnings expansion or remains constrained by existing competitive and regulatory dynamics in the Chinese market. Any material change to China revenue visibility would likely factor into reassessment of the company's current valuation standing.

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