How E-Commerce Is Making China’s Deflation Worse

How E-Commerce Is Making China’s Deflation Worse

The push by Pinduoduo to lower prices has helped it become one of China’s fastest-growing e-commerce apps, and epitomizes a broader force plaguing the economy.
China’s Pinduoduo Has Reshaped Discount Shopping

China’s Pinduoduo Has Reshaped Discount Shopping

Pinduoduo appeals to people seeking deals and “downgraded spending,” as consumer purchasing in China has slowed recently amid economic rockiness.
Big American Tech Profits From Chinese Ad Spending Spree

Big American Tech Profits From Chinese Ad Spending Spree

Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.
In China Businesses Cut Prices as Consumers Spend Less

In China Businesses Cut Prices as Consumers Spend Less

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.