Aggressive discounts have raised turnover for firms like e-commerce giant Pinduoduo, but economists fear they entrench a Japanese-style deflationary mindset in consumers

Shein had revived plans to list in New York this year and its founder was considering bypassing proposed tougher rules for offshore IPOs in China

Sources said Shein founder Xu was eyeing Singapore citizenship partly to bypass China's new and tougher rules on overseas listings, as it could ease the path to an offshore IPO

Rivals like H&M, Zara and Boohoo all publish supply chain details on their websites; Shein’s Instagram and TikTok accounts boast more than 23 million followers

China's GDP grew 5.2% in the April-June quarter from 2024, thanks mainly to industrial output, which is expected to drop in the second half

Data released on Monday showed that industrial output slowed last month, while retail growth enjoyed a slight lift from subsidies and a shopping festival

Alibaba said on Monday its 'instant commerce' service has topped 40m deliveries a day, showing it is taking some of Meituan's lead share of the 60-minute delivery sector

China's industrial and retail sectors slowed in April, while air freight capacity between China and the US plunged after the US closed the 'de minimus' tax exemption

With the tariff exemption – and trade loophole – for small parcels ending on May 2, some foreign retailers are giving up on seeking sales in the US

Many export firms have baulked at Beijing's call to focus more on the domestic economy, amid weak demand, low profits and issues stemming from the lack of a social security net

Chinese sellers of items ranging from lunch boxes to appliances have taken to social media platform Rednote to generate sympathy purchases

Data on Monday showed annual retail growth in the first two months of 2025, along with greater joblessness and factory output slowed