Posts byWenting Deng

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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