Singles' Day, which is an unofficial holiday and marks the beginning of the shopping season in China, is losing its gloss. The slowest pace of sales growth was recorded by e-commerce giant Alibaba Group Holding Ltd.

China's Singles' Day is losing its gloss amid tech crackdown and scrutiny

Chinese e-commerce giant Alibaba Group Holding Ltd said orders made during its Singles' Day mega-shopping festival had exceeded $56 billion by Wednesday morning, as consumers sought to cash in on a deluge of discounts.

Singles' Day: Alibaba records billions in sales as China shakes off COVID-19

China enjoyed a better-than-expected pick-up in the key retail and industrial sectors in November, data showed Monday, providing a further boost to Beijing after finally agreeing a mini trade pact with the United States last week.

China sees strong industrial, retail growth in November

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China's Singles' Day is losing its gloss amid tech crackdown and scrutiny

Singles' Day: Alibaba records billions in sales as China shakes off COVID-19

China sees strong industrial, retail growth in November