Report finds Chinese consumers choosier, web-savvy
SHANGHAI (AP) — A report by a U.S. business group says Chinese consumers are becoming much more sophisticated in their tastes and expect a wider range of better products.
The report by the American Chamber of Commerce in Shanghai released Monday says local companies lead foreign ones in using e-commerce to expand sales among the country's increasingly web-savvy shoppers.
The report forecasts that the country will become the No. 2 consumer market after the U.S. by 2015, as purchasing power nearly triples.