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Online retail in China has a 25% share of all sales, around 2.5x higher than the US, and still growing rapidly, and this in a country with 3x the population of the US.



Brick and mortar retail in China has also been pretty dysfunctional and never really developed completely like it did in the west (every mall having the same set of stores like every movie theater having the same set of movies). Then you have the state owned department stores that never really figured out what to do once their monopoly was broken.




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