EMarketer: China No Longer Expected to Overtake US in Retail Sales in 2019 Amid Trade War
June 25, 2019
June 25, 2019
NEW YORK, June 25 -- eMarketer, a market research company, issued the following news release:
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- US ecommerce surpasses 10% of total retail sales for first time
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The trade war between the world's two largest retail markets is taking its toll, especially on China. Coupled with a slowing domestic auto market, the trade war is hurting Chinese retail sales. In our latest worldwide retail forecast, we have cut our outlook for China and the . . .
* * *
- US ecommerce surpasses 10% of total retail sales for first time
* * *
The trade war between the world's two largest retail markets is taking its toll, especially on China. Coupled with a slowing domestic auto market, the trade war is hurting Chinese retail sales. In our latest worldwide retail forecast, we have cut our outlook for China and the . . .