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E-Commerce

E-COMMERCE IN CHINA HITS 250Bn YUAN (US$36 bn)

Internet shopping in China hit a staggering 250 billion Yuan ($36.6 billion) in 2009 accounting for 1.97 percent of all domestic retail, according to the Beijing News.  About 100 million Chinese shop online, most of which through consumer websites, or C2C, like Taobao.com, but it is business-to-consumer platform, or B2C, growing faster, according a report released by the investigation agencies ... Read More »