China to Overtake U.S. as World’s Largest Retail Market in 2020

  • 📰 wwd
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

China’s retail market is expected to overtake the U.S. and become the world’s largest one as early as this year.

LONDON — China’s retail market is expected to overtake the U.S. and become the world’s largest one as early as this year, eMarketer finds.

The market research company projects that China will produce $5.072 trillion in retail sales in 2020, despite a 4 percent decline from 2019, compared with $4.894 trillion in the U.S., as the American market will shrink by an even larger amount. EMarketer previously predicted China’s retail market will surpass the U.S. in 2021.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Muslim Uighurs. Chase human rights, not money.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 24. in SE

Sverige Senaste nytt, Sverige Rubriker