13 Nov 2025 | 5 Mins Read
China's Singles' Day sale sees decline in demand
Flipitmoney
China's Double 11 shopping festival sales totaled 1.695 trillion yuan ($238 billion), a 14.2% year-on-year jump, slower than last year's 26.6% growth. Top leaders signaled increasing efforts to support consumption by subsidizing purchases of targeted goods. Retail sales growth is expected to be 2.8% year-on-year in October, down from 3% in September.