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Chinese ECommerce Size USD 204.1B more than Double US Online Retail Sales USD 98.1B

Purchasing power and retail demand vary considerably, due to large regional disparities and the rural-urban income gap in China. China’s retail market is therefore very fragmented and composed of many small and medium-sized retailers, unlike the United States, where large retailers dominate.  China is stealing the spotlight to the US in online retailing. According to…