China E-Commerce May Pass US in 2015

China’s internet retailing market may overtake the U.S. as the world’s largest with transactions valued at more than $314 billion in 2015, according to Boston Consulting Group Inc. E-commerce sales in China almost quadrupled to 476 billion yuan in 2010 from 128 billion yuan in 2008 as 23 percent of its urban population shopped online last year.