Outlook of the Retail Industry in China: View Trends and Analysis
In 2015, Chinese consumers spent US$1.97 Trillion (CNY12,986.7bn) on online and offline retail shopping, up to 9.5% from 2014 and 69.7% from 2010. However, growth in the retail industry has been decelerating as consumers become more conservative in spending in the current economic uncertainty. The rapid rise of Chinese stocks in the first half of […]