<div>UPDATE 1-China c.bank gives green light to Mastercard's China JV for clearing business</div> <!-- no image --> <div>China's central bank said on Tuesday it has approved an application by Mastercard's China joint venture to conduct bank card clearing operations in the country.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=eXcAr-LDKc0:W0Mg59jggXU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=eXcAr-LDKc0:W0Mg59jggXU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=eXcAr-LDKc0:W0Mg59jggXU:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=eXcAr-LDKc0:W0Mg59jggXU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=eXcAr-LDKc0:W0Mg59jggXU:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/eXcAr-LDKc0" height="1" width="1" alt=""></div> Posted by Reuters