Breaking News

China on track to become world’s biggest retail market

World Flag Button Series - Asia - China(With Clipping Path)

By the end of this year, China’s retail sales will exceed sales in the US, making it the world’s biggest retail market, according to data from researcher eMarketer. China’s retail spending is forecast to reach $4.886 trillion, putting it ahead of the projected $4.823 trillion of sales in the US, the company said.

South China Morning Post (Hong Kong) (19 Aug.)