From Alibaba’s Research Arm, Predictions for the Future of Chinese Tech

 

The online retail market is booming in China, keep this in mind for your China retail strategy. “China’s online retail market will grow to RMB 10 trillion ($1.5 trillion) by 2020 (Bain & Co.): By 2020, 22 percent of the country’s retail will take place online, 70 percent of which will be happening on mobile.”

 

The current troubles will give way to growth.

Source: From Alibaba’s Research Arm, Predictions for the Future of Chinese Tech

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