China has more online shoppers than the US, the United Kingdom, and Australia combined. With online sales now at over 16% of total retail sales, China is second only to the UK in online shopping penetration, according to the report from Frost & Sullivan.
China is not just the world's largest online shopping market, it is also one of the fastest growing. It accounts for almost half of total global online shopping sales.
The maturing of international payment and logistics enc...
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