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China’s ecommerce
market will surpass
the United States by
2015, according to
research by the Boston Consulting
Group. The firm is confident in its estimation that China’s
online retail industry will become the world’s largest sooner
rather than later, largely because of its soaring Internet
population. Other reasons include the limited reach of brickand-
mortar stores in China, better selections and bargains than
local competitors can offer, and because the Web is a more
trusted platform by Chinese consumers. As Website Magazine
recently advised (“One Billion People”, December 2011), now
would be an awfully good time for retailers worldwide to tap
into the explosive Chinese ecommerce market.
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