The iPhone maker has struck offers recently with China’s massive four state-run banks, the newspaper reported late Monday, citing individuals familiar with the discussions. (on.wsj.com/1LwSf8O)
Apple’s plans could nonetheless face regulatory hurdles in China, where banking and e-commerce are overseen by a number of government agencies, WSJ said.
Apple could not quickly be reached for comment. (Reporting by Ismail Shakil in Bengaluru Editing by Gopakumar Warrier)