Chinese retail sales soared in the year to November 2016

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12 January 2017 à 16h54

Updated on 10 May 2019 à 18h01

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Publication: 12 January 2017 à 16h54, Updated on 10 May 2019 à 18h01

Reading time: 1 minute

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Publication

12 January 2017 à 16h54

Updated on 10 May 2019 à 18h01

Reading time

1 minute

Publication: 12 January 2017 à 16h54, Updated on 10 May 2019 à 18h01

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Chinese retail sales soared in the year to November 2016. According to the National Bureau of Statistics, retail sales increased by 10.4% in China during the period between January and November 2016. Online sales increased by 26% for the year-on-year. Alibaba posted revenue of €16.3 billion during the special promotional day on November 11 2016 up by 32% from 2015. However, the group did not publish return statistics.

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