Posts byWenting Deng

Third-year student major in Finance and Organization. Want to see the changing world myself and write down what have happened.

Is It ‘Game Over’ For Toys”R”Us?

On September 19th, 2017, one of the biggest toy and juvenile-products retailers — Toys”R”Us — filed for bankruptcy in the U.S. and Canada in order to reorganis e its debt structure. Toys”R”Us became predominant in its niche field of toy retail in the past decades. Currently, it has more than 1,000 branches all over the world.
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What is the “BRICS”?

When talking about BRICS, what will you think of? The material that is used for building walls? In fact, BRICS stands for five countries, i.e. Brazil, Russia, India, China and South Africa. These countries bring together five major emerging economies, comprising 43% of the world population, having 30% of the world’s GDP and a 17%
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The Amazing Chinese Online Third-Party Payment Platforms

How they compete and corporate with banking sectors?

China has now become the biggest and fastest-growing online payment market in the world. In the past decades, with the development of communication technology, the e-commerce with the online payment methods present in the 21st century. Mainly, there are two types of payment methods: through the first one, customers use their credit card or online
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