Cupid's Singles Day arrow is way off target for weary Chinese shoppers

Cupid’s Singles Day arrow is way off target for weary Chinese shoppers

Singles’ Day has drawn a lukewarm response from Chinese shoppers this year, the latest indication that consumers and retailers in the world’s biggest market remain spooked by Xi Jinping’s zero-Covid policy and crackdown on excess. Jack Ma’s Alibaba Group has spent years making November 11 the biggest retail event on the planet, enlisting the services …

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