10 Reasons Why China is Dominating World Commerce
China has become the hub of every type of business. The second-largest economy in the world is taking over the world slowly and here’s some of the reasons why they are dominating the world commerce;-
- Urban Boom
According to recent statistics, the urban disposable income in China is expected to double by the year 2020. Currently, the urban population stands at nearly 200 million people. With the numbers increasing daily and massive sophisticated cities being planted, the number of businesses taking place is becoming overwhelming. This makes China a global hub for commerce making it to slowly dominate the world commerce.