China’s e-commerce market is anticipated to leapfrog that of the U.S. this 12 months , to turn out to be the sector’s greatest through complete consumer spending, management consultancy firm Bain & company says. Online spending may account for half of all chinese retail spending inside a decade, in keeping with chinese e-commerce firm Alibaba staff.

Chinese e-commerce market set to overtake US in total customer spending comes via ChinaTechNews.com.