Spenders or thrifters: As Singles' Day nears, are China's shoppers about to drop?

China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd which saw $25 billion worth of goods sold on its platforms alone in the 24-hour period last year.

from Reuters: Top News https://ift.tt/2Ow4wDz