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Singles’ Day and China sentiment
November 14, 2018
This year's Singles' Day saw China's Alibaba set new records, as it racked up $30.8bn in gross merchandise volume (gmv) for the shopping festival
There may be worries about the impact of a trade war with the US and a weaker sales outlook, but Chinese consumers are still spending. This year’s Singles’ Day saw China’s Alibaba set new records, as it racked up $30.8bn...