New York Times:

How Chinese e-commerce companies like Pinduoduo pushing to lower prices are making China's deflation worse; HSBC says ~60% of Chinese consumers use e-commerce  —  The push by Pinduoduo to lower prices has helped it become one of China's fastest-growing e-commerce apps, and epitomizes a broader force plaguing the economy.

New York Times:

How Chinese e-commerce companies like Pinduoduo pushing to lower prices are making China's deflation worse; HSBC says ~60% of Chinese consumers use e-commerce  —  The push by Pinduoduo to lower prices has helped it become one of China's fastest-growing e-commerce apps, and epitomizes a broader force plaguing the economy.

Source: TechMeme
Source Link: http://www.techmeme.com/241007/p6#a241007p6