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China’s Singles’ Day online shopping bonanza’s sales slow as shoppers opt for more affordable deals

BANGKOK (AP) — Sales during China’s largest online shopping festival, Singles’ Day, jumped almost 18% from a year earlier but the pace of growth slowed as bargain hunters opted for more affordable deals. Consumers have been tightening their belts, spending cautiously due to a prolonged slump in the property market, lagging wages and high unemployment […]


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