HONG KONG -- China's second-biggest shopping festival of the year wraps up Saturday, offering a crucial glimpse into the mood of shoppers in an economy dented by widespread COVID-19 lockdowns.
Retail
China's COVID-hit shoppers focus on value as retail blitz wraps up
'Prudent' spending during '618' festival expected to top last year's event
An advertisement for China's "618" online shopping festival outside a shopping mall in Beijing. The blitz is the country's second-biggest retail event after the end-of-year Singles' Day. © Reuters
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