A JD.com advertisement for the “618” festival at a shopping district in Beijing. Photo: Reuters
A JD.com advertisement for the “618” festival at a shopping district in Beijing. Photo: Reuters
E-commerce

China’s 618 shopping bonanza finds young buyers wary as Covid stings economy

  • June 18, or 618, is among the biggest Chinese shopping extravaganzas of the year
  • With the risk of Covid-19 outbreaks and lockdowns looming, consumers and businesses have both become quite cautious, economist notes

A JD.com advertisement for the “618” festival at a shopping district in Beijing. Photo: Reuters
A JD.com advertisement for the “618” festival at a shopping district in Beijing. Photo: Reuters
READ FULL ARTICLE