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The Chinese retail sales are expected to grow dramatically this year on the back of recovery from the economic slump and rising urbanization. E-commerce, automotive and luxury sales in China are poised to record dramatic improvement this year (2010). According to figures released by the Chinese Academy of Social Sciences, the total domestic retail sales is expected to reach US$ 2.1 Trillion in 2010 against US$ 1.8 trillion in 2009, as per the ... Read more |
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