U.S. brands lose favor with Chinese consumers on Singles’ Day sales

Karina Huber

text

02:17

This year marks Alibaba’s 11th Singles Day in China, an annual shopping event that has become the biggest in the world.

Held on November 11th, or 11/11, Alibaba transformed an occasion to celebrate singlehood into an online shopping day like no other.

For retailers it could be a vital lifeline after the coronavirus hammered sales globally.

But ​for U.S. brands looking to score, there are indications Chinese consumers may be cooler to them this year.

CGTN’s Karina Huber reports.

Check out

The China Report

, our new weekly newsletter.Subscribe here!