China to become the n°1 global retail market

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China is on track to become the world’s largest retail market in 2016, ahead of the U.S.A. According to a study from eMarketer, China should reach US$4.89 trillion of retail sales in 2016 compared with an expected US$4.82 trillion for the U.S.A.
In 2013 China became the world’s largest e-commerce market. It is expected to keep the top slot in 2016, with estimates of US$890 billion online sales. China will account for 47% of global online sales and remain leader in terms of mobile tec

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