摘要
In 2016 China made $5.5 trillion worth of mobile payments while the United States made $112 billion.China is far ahead of Western countries in the field of mobile payment mainly because of the advantages of being a late market entrant： China does not have a culture of payment through credit cards, so the country is able to leapfrog directly into the mobile payments market.
The advantage of being a late follower is not forever In 2016 China made $5.5 trillion worth of mobile payments while the United States made $112 billion.China is far ahead of Western countries in the field of mobile pay-
