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China October Retail Sales: Strength In Ecommerce

2015-11-14 05:54:29| Footwear - Topix.net

China released its October retail sales that showed continued progress as the country moves from an export/manufacturing-driven economy to a consumption-driven economy. I ultimately see this to be a positive for many of the Chinese stocks I have highlighted before, specifically Alibaba , Tencent and Ctrip , as well as US companies such as Nike , Tiffany and Coach that have strong exposure to the market.

Tags: october sales china retail

Category:Consumer Goods and Services

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