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Swinging Singles’ Day: Alibaba holiday drives shoppers in China

Singles’ Day poses something of a quandary for China’s government, which welcomes the shot in the arm to the economy but looks askance at rampant materialism,” The Wall Street Journal reports. Last year’s sales of $14.3 billion in goods far surpassed “the numbers seen on the Black Friday and Cyber Monday shopping sprees that follow Thanksgiving in the U.S.,” and this year, the sales are expected to be even higher.
12 months ago
Lucas Niewenhuis
By Lucas Niewenhuis
Lucas Niewenhuis is an associate editor at SupChina who helps curate daily news and produce the company's newsletter, app, and website content. Previously, Lucas researched China-Africa relations at the Social Science Research Council and interned at the Council on Foreign Relations in New York. He has studied Chinese language and culture in Shanghai and Beijing, and is a graduate of the University of Michigan.
China in 2 minutes a day
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