China’s e-commerce market is anticipated to leapfrog that of the U.S. this 12 months , to turn out to be the sector’s greatest through complete consumer spending, management consultancy firm Bain & company says. Online spending may account for half of all chinese retail spending inside a decade, in keeping with chinese e-commerce firm Alibaba staff. The exchange in buying habits comes as nearly half of the country’s 1.three billion inhabitants now have direct access to the internet, and of that number, nearly 80 percent own smart telephones or drugs. China’s e-commerce market has grown at a regular rate of...