How E-Commerce Is Making China’s Deflation Worse
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]
Publication Date:Origin: nytimes.com
Category: China
Topics: China’s, economy, plaguing, force, broader, epitomizes, e-commerce, fastest-growing, become, helped, prices, lower, Pinduoduo, Worse, Deflation, Making, E-Commerce
Source: https://www.nytimes.com/2024/10/07/business/china-pinduoduo-ecommerce.html