China's State Council unveiled on Sunday what it called a "special action plan" to boost domestic consumption, featuring ...

Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing ...

With China's deflationary pressures mounting, retailers like Wankelai store resort to flash sales and deep discounts to ...

Reuters published an article on Monday, titled "In deflation-hit China, one store holds flash sales four times a day," which depicted the discounting scenarios at Wankelai, attempting to underscore ...

In Beijing's Wankelai store, manager Leo Liu announces discounts amid China's deflationary economy. Liu's store employs flash sales to mitigate inventory pressure. Consumers are drawn to discounts due ...

Inflation was 0.2% in 2024. Shoppers at Wankelai were not in a mood to splash the cash. Lily Liu, 34, a financial auditor for a technology company, said she was earning less than before the COVID ...

BEIJING/HONG KONG--Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale ...

Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale, until he finally sold a ...

[BEIJING] Leo Liu, manager of the sprawling Wankelai store in the Chinese capital of Beijing, spoke into a microphone, announcing progressively steeper discounts in a flash sale, until he finally sold ...