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42% of global e-commerce is happening in China

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10-Apr-18 China’s digital economy has experienced massive growth in the last decade. In 2008, China accounted for <1% of e-commerce; today its share is 42%. In comparison, the United States’ share is down 10% since 2005, to 25%. [image: McKinsey Global Institute]

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Malaysia-Tencent partnership targets Chinese travellers

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09-Apr-18 The Ministry of Tourism and Culture Malaysia together with its promotional arm Tourism Malaysia, will collaborate with Tencent Holdings to create a digital tourism economy to attract Chinese outbound travellers to the country. [image: TTG Asia]

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