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Chinese E-Commerce Spending Forecasted to Slow after 2017
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Chinese E-Commerce Spending Forecasted to Slow after 2017

Chinese E-Commerce Spending Forecasted to Slow after 2017

Fintech Nexus Staff·
Asia/PacFintechNews Roundup
·Apr. 26, 2017·1 min read

New statistics show e-commerce spending in China continues to rise, with projections estimating the average digital buyer will spend RMB12,198 ($1,836) online in 2017, an increase of 7% over 2016; growth is expected to slow to 5% or less after 2017; the forecasts could point to a peak for China’s e-commerce giants and also serve as a catalyst for the broad ranging expansion of China’s top e-commerce companies. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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