EBay’s PayPal hopeful of getting China license

22 Jun 2013
Over the last two years China’s e-commerce has been flourishing. The latest forecast is that there will be nearly RMB 2 trillion ($322 billion U.S.) worth of sales in 2013. Estimates made by J.P. Morgan point to the e-commerce market in China growing by 43 percent a year to $401.7 billion (U.S.) between 2012 and 2015.  (By way of comparison, e-commerce in the United States is increasing by betw


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