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.
China’s Investors Are Losing Faith in Its Markets and Economy

China’s Investors Are Losing Faith in Its Markets and Economy

As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.