Coverage dated November 10, 2026 to November 12, 2026
China’s Singles' Day shopping festival struggles to shake off weak consumer spending
Headline from WFMZ Allentown
HONG KONG (AP) — Early signs suggest China ’s biggest online shopping event is struggling to persuade anxious consumers to spend more, despite discounts.
WFMZ Allentown's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Signs so far show Singles' Day, China's biggest online shopping festival, is failing to entice worried consumers into splashing out more, even when they are offered bargains
HONG KONG (AP) — Early signs suggest China ’s biggest online shopping event is struggling to persuade anxious consumers to spend more, despite discounts.
China’s Singles’ Day online shopping event, which rivals Black Friday in the United States, posted sluggish sales this year as consumer optimism lagged far behind reported GDP growth. Chinese consumers are reportedly still worried about the depressed real estate market and would rather save than spe…
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