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In the quiet backwaters of Yunnan, Dong Meihua—though her followers know her by the public alias Dianxi Xiaoge—has done something remarkable: She’s made the pastoral simplicity of rural China irresistible to millions.
When Lin Yunyun started selling diapers two years ago on Pinduoduo, China’s fast-growing e-commerce site, she was not prepared for the relentless nagging about prices.
China's annual 618 mid-year e-commerce festival saw sales drop for the first time in 8 years, according to retail data provider Syntun, signaling consumption recovery in the world's second-biggest economy was still quite slow.
HONG KONG -- PDD Holdings, the parent of bargain shopping apps Pinduoduo and Temu, has again surpassed rival Alibaba Group Holding in market capitalization, becoming the most valuable Chinese company listed in the U.S. after earnings for the March quarter massively beat expectations.
Gold's recent rally has sparked a bullion rush, but along with it came a surge in gold scams in China.