China to be the global n°1 retail market

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15 February 2019 à 10h35

Updated on 10 May 2019 à 16h19

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1 minute

Publication: 15 February 2019 à 10h35, Updated on 10 May 2019 à 16h19

Reading time: 1 minute

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Publication

15 February 2019 à 10h35

Updated on 10 May 2019 à 16h19

Reading time

1 minute

Publication: 15 February 2019 à 10h35, Updated on 10 May 2019 à 16h19

Reading time: 1 minute

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In 2019 China is expected to become the world’s biggest retail market with sales of US$5.6 trillion (+7.5%), outpacing the U.S., at US$5.53 trillion (+3.3%), said eMarketer. E-commerce in China is driving much of this dynamic, generating 35% of total retail sales in 2019. Globally, 56% of all online sales will take place in China. China surpassed the U.S.A. by online sales value in 2013.

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