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/...