1. The stability Russia market has given a decisive boost for the electronic business
merchants- from GlobeBill
A range of international organizations released new
GDP forecasts for Russia in 2012. The IMF reduced
its prediction for Russian growth in 2012 from 4.1% to
3.3% while the World Bank lowered their 2012
economic growth forecast for Russia to 3.5% from
4.2%. The European Bank for Reconstruction and
Development (EBRD) however, kept its forecast for
Russia in 2012 unchanged at 4.2% despite lowering its
predictions for several Eastern European countries.
However; the data announced by Rosstat shows that regardless of the international
economic recession, the Russian economy grew by 4.3% in 2011.
The stability Russia market has given a decisive boost for the electronic business
merchants in china. They have the advantage of high quality and cheap goods but still
feel at loss when facing the potential Russia market. As the e-commerce has become
the main stream, the conception of time and space has been largely vague. However,
any investors who want to take up the clothing market will have to make no less effort.
Besides, how to seek profits in the strange foreign country is a big question and how
to solve the question of cash transaction is one of the priorities.
Among the obstacles lay ahead, the payment gateway solution in one of the biggest
ones. By establishing a local payment gateway in Russia; GlobeBill
(www.globebill.com) can effectively help the foreign investments solve the problems
of operating difficulty. As a representative of GlobeBill, Lin said that the number of
Chinese third-party payment companies involving in Russian Foreign Trade
receivables were very limited which has caused a lot of obstacles when foreign power
want to enter the Russian market. To solve this problem, GlobeBill will launch a
payment solution in Russian's largest local online payment Boleto in mid-May. The
payment gateway will be able to provide both Brazilian and Asia merchant a
professional payment solution in Russian local business.