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Live World News @NexthPress
5 days ago
China's Singles Day sales slow as consumers cut spending. China's Singles Day shopping festival, once known for record-breaking sales, has lost momentum this year as economic uncertainty forces consumers to tighten their purse strings, despite retailers extending promotions to five weeks and pouring billions into subsidies. #ChinaEconomy #SinglesDay #Alibaba #JDcom #Ecommerce #ConsumerConfidence #RetailTrends #Spending #Inflation #ChinaNew https://www.perplexity.ai/...
Live World News @NexthPress
7 days ago
China consumer prices rise for first time since June. China's consumer prices unexpectedly returned to positive growth in October while factory-gate deflation moderated, offering the world's second-largest economy early signs of stabilization after months of deflationary pressures, according to data released Sunday by the National Bureau of Statistics. The consumer price index rose 0.2% year-over-year in October, reversing a 0.3% decline in September and marking the first increase since June. #ChinaEconomy #Inflation #CPI #PPI #EconomicRecovery #GoldenWeek https://www.perplexity.ai/...

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