China's shoppers splash the cash in world's biggest spending spree

China's shoppers splash the cash in world's biggest spending spree

Energy Daily

Published

Shanghai (AFP) Nov 11, 2020

Chinese consumers snapped up everything from food to electronics and beauty products Wednesday as retailers slashed prices for the world's largest online shopping bonanza, closely watched this year for clues on post-pandemic consumer sentiment. The marathon spending spree has for more than a decade seen China's army of shoppers shell out colossal amounts of cash that has dwarfed the incomes

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