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Tag Archives: China

Up in the Clouds: The World’s Highest Cities

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The El Alto-La Paz metropolitan region in Bolivia is the world’s highest urban center with over a million inhabitants. Situated approximately 3,900 meters (12,700 feet) above sea level, the Andean location of the country’s capital places it roughly 100 meters/330 …

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Billionaire Wealth Rises During Pandemic

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According to a new report by Swiss bank UBS, the combined fortunes of billionaires around the world have soared despite the coronavirus pandemic. The event has proven to be an accelerator of change for billionaires and their businesses, according to the authors, which …

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Where E-Commerce is Growing Fastest

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China is by far the biggest e-commerce market in the world as seen in figures from the Statista Digital Market Outlook. Last year, e-commerce sales in the country stood at $826.6 billion and that number is projected to nearly double until 2024. This …

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Chinese on Top of the Sharing Economy

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Chinese consumers are embracing the sharing economy to a larger degree than the citizens of many Western countries, according to the Statista Global Consumer Survey. Consumers in the U.S. were still uncertain about renting items instead of buying them, with only between very …

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