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Wednesday, November 11, 2020

Chinese shoppers spend over $100 billion in shopping fest


HONG KONG (AP) — Chinese consumers spent over a hundred billion dollars during this year’s Singles’ Day shopping festival, signaling a rebound in consumption as China recovers from the coronavirus pandemic and a battering of the economy. From Nov. 1 to Nov. 11, shoppers spent 498.2 billion yuan ($75.1 billion) on Taobao and Tmall, the […]

source https://www.seattletimes.com/business/chinese-shoppers-spend-over-100-billion-in-shopping-fest/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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