The World Bank reported that Sri Lanka is the only country in which exports have grown stronger than imports recently, while exports remained relatively flat throughout South Asia, as given in the third installment of the series, South Asia Economic Focus published last Sunday.
on: July 26 ,2018 In: Developing News
China's online retail market will double in size in the next two years, and that the growth will come disproportionately from third- and fourth-tier cities and from the country's vast rural hinterland
In an article published earlier this week by Jiayang Fan in the New Yorker, it was shown how e-commerce is changing China's rural areas, where there isn't as much of a sense of structure.
The article goes on to highlight how Jingdong , a Chinese e-
Technology in China seems to follow a phenomenon known as leapfrogging, where the non-participation in an older technology influences an early adoption of a newe technology, as is the case with China moveing directly to a mobile revolution after by-passing the PC revolution.
To read the full article visit https://www.newyorker.com/magazine/2018/07/23/how-e-commerce-is-transforming-rural-china
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