Worried Chinese shoppers scrimp, dimming the appeal of a Singles’ Day shopping extravaganza | AP News
HONG KONG (AP) — Shoppers in China have been tightening their purse strings, raising questions over how faltering consumer confidence may affect Saturday’s annual Singles’ Day online retail extravaganza.Singles Day, also known as “Double 11,” was popularized by e-commerce giant Alibaba. In the days leading up to the event, sellers on Alibaba and elsewhere often