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Wire · operational-macro

China e-commerce sees 3% growth in July, recovery expected Macquarie says

17 August 2026 · By · Wire by Fusion42

Published

17 August 2026

Topic

operational-macro

◆ Sectors

E-commerce

◆ Geography

China

◆ Source

Read at investing.com →

◆ Verified

Fusion42 · 21 August 2026 · Fusion42 review

China's online physical goods gross merchandise value (GMV) grew 3% year-over-year in July 2026, reflecting signs of ecommerce recovery according to Macquarie, with expected 3%-7% growth in Q3 2026 as trade-in policy effects normalize.

This Wire brief sits within Fusion42's coverage of E-commerce.

◆ ◆ The Wire takeaway

China's ecommerce is moving back to growth after declines, signalling a reopening market. If you sell in Chinese online retail, adjust your sales forecasts and prepare for renewed demand this quarter.

◆ Coverage

1 source · 17 Aug 2026

◆ Related on Wire

◆ Topics

E-commercechinaecommercegmv-growthretail-salesmacquarie