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China’s retailers extend Singles’ Day to five weeks to revive spending

Chinese retailers are stretching their annual “Singles’ Day” sales bonanza to as long as five weeks this year, as the likes of Alibaba and JD.com try to drum up interest from shoppers in a struggling economy. Weak consumption has dogged the world’s second-largest economy this year as policymakers grapple with U.S. President Donald Trump’s trade ...

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Published by: hellenicshippingnews

Read full article here: https://www.hellenicshippingnews.com/chinas-retailers-extend-singles-day-to-five-weeks-to-revive-spending/