New statistics show e-commerce spending in China continues to rise, with projections estimating the average digital buyer will spend RMB12,198 ($1,836) online in 2017, an increase of 7% over 2016; growth is expected to slow to 5% or less after 2017; the forecasts could point to a peak for China’s e-commerce giants and also serve as a catalyst for the broad ranging expansion of China’s top e-commerce companies. Source