As Chinese consumers become thrifty amid an economic slowdown, Insider Intelligence forecasts just 9.1% increase in e-commerce sales in 2022, lowest since 2008 (Shen Lu/Wall Street Journal) - TechnW3

As Chinese consumers become thrifty amid an economic slowdown, Insider Intelligence forecasts just 9.1% increase in e-commerce sales in 2022, lowest since 2008 (Shen Lu/Wall Street Journal) - TechnW3

Shen Lu / Wall Street Journal:
As Chinese consumers become thrifty amid an economic slowdown, Insider Intelligence forecasts just 9.1% increase in e-commerce sales in 2022, lowest since 2008  —  Consumers cut back on apparel, cosmetics, while spending more on food, wellness and pet care  —  China Wrestles With Protests, Discontent Amid a Slowing Economy

from TechnW3