Online Class Notes (Jesse)

using “which” + “with sth being” + check nouns to make sure you put “s” if there’s more than 1.

Last class we mentioned mobile payment was pretty popular in China, and Alipay and Wechat pay were nearly occupied the mobile payment market in China, meanwhile we talked about the status of Paypal, the global mobile and online payment system. Paypal is active in the western country, but seems western people like to use cash or credit card to pay, so to Paypal, China market has got a huge opportunity, but seems it is difficult to fight with Alipay and wechat pay. But this week, a piece of news comes from financial industry of China: Paypal 100% purchased “Guofubao”, one of China’s financial institution，that means Paypal can officially enter the third party payment market in China. The news brought lots of talk from the industry: Can Paypal find the opportunity in China market? Any action from Alipay and Wechat? Most of professionals guess that Paypal’s breakthrough point is cross border E commerce, it can help China consumer easy to reach the oversea online purchasing platform as this is the weakness to Alipay and Wechat. But anyway, to normal consumer, this is good news as they can have more choice to select their favorite payment methods.

Last class we mentioned mobile payment is pretty popular in China, with Alipay and Wechat pay were nearly completely dominating / covering this market in China, meanwhile we talked about the status of Paypal, the global mobile and online payment system. Paypal is active in the western countries, but seems western people like to use card to pay, so for Paypal, China market has got a huge opportunity, but seems it is difficult to compete with / to match Alipay and wechat pay. However this week, a piece of news came from the financial industry of China: Paypal bought / purchased a 100% share of / bought the remaining 30% of “Guofubao”, one of China’s financial institution, which means Paypal can officially enter the third party payment market in China. The news brought lots of talk from the industry: Can Paypal find the opportunity in China market? Will there be action from Alipay and Wechat? Most of professionals guess that Paypal’s breakthrough point is cross border E commerce, which can help Chinese consumers easy to reach the overseas online purchasing platforms as this is the weakness for / of Alipay and Wechat. But anyway, to normal consumers, this is good news as they can have more choices to select their favorite / preferred payment methods.

Vocabulary

which = add new information
eg. I have a pen which is black
that = add any detail / to say which one
eg. I don’t like to do things that are routine

it’s a fallback / it’s a backup
eg. Apple Pay is not my primary payment method, but it’s just a fallback / backup

“variety is the spice of life” – variety / doing different things is what makes life interesting and fun

There are many cafes in China. Starbucks is one of the best. = There are many cafes in China with Starbucks being one of the best. = There are many cafes in China and Starbucks is one of the best.

There are many teachers at SE, with Jesse focusing mostly on Grammar, and Lily mostly focusing on pronunciation.

they are major in the American Express card – Han Chinese are the majority / major group in China (biggest, most, strongest)

Alipay and WeChat are the main payment methods in China (most common / most normal)

Coffee is the primary drink I have (the main / the first choice / the favourite)

Grammar

to Jesse, Chinese food is strange but to Denise Chinese food is totally normal. – to = perspection, opinion, feeling
I like many drinks. For coffee I drink it every day, but for tea, I only drink it once a week. – introducing subject using “for”

which is authority to go for the 3rd party payment – which is authorised to be used as a 3rd party payment method / which is authorised for 3rd party payment 

entered in China – entered China