Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag China's 2025 Singles’ Day saw slower growth despite record early sales, as cautious consumers prioritized essentials amid economic uncertainty.

flag China’s 2025 Singles’ Day shopping festival, extended into a month-long event, showed slowing growth despite early sales exceeding 1 trillion yuan ($140 billion), as consumers spent more cautiously amid economic uncertainty, stagnant wages, and skepticism over discounts. flag Many households cut back on non-essentials, favoring value and necessities, while government rebates on appliances and vehicles reduced the appeal of retail deals. flag E-commerce platforms expanded globally, targeting Southeast Asia amid U.S. tariff changes, but overall consumer confidence remains low, reflecting broader challenges in reviving domestic demand after the pandemic and property market downturn.

48 Articles