Is China going by way of a consumption revival? 618 pageant suggests so
Chinese e-commerce giant Alibaba’s Taobao and Tmall reported strong sales in categories eligible for government subsidies. Serene Lee | Sopa Images | Lightrocket | Getty Images China’s latest shopping festival, which wrapped up Wednesday, pointed to a pickup in consumption, as e-commerce companies reported strong sales of consumer electronics, as well as beauty and pet … Read more