{"id":26714,"date":"2021-11-12T10:30:27","date_gmt":"2021-11-12T10:30:27","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=26714"},"modified":"2021-11-12T10:30:27","modified_gmt":"2021-11-12T10:30:27","slug":"singles-day-sales-hit-by-rising-anti-consumerism-sentiment-chinas-youth-warn-of-vicious-circle-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=26714","title":{"rendered":"Singles\u2019 Day sales hit by rising anti-consumerism sentiment, China\u2019s youth warn of \u2018vicious circle\u2019"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostAnti-consumerism sentiment among young people in China concerned with overindulgence dominated the world\u2019s largest online shopping festival this year, adding to the recent social phenomena of \u201clying flat\u201d and \u201cinvolution\u201d.Despite raking in 540.3 billion yuan (US$84.4 billion) in sales and beating last year\u2019s turnover, this year\u2019s Singles\u2019 Day sales grew at its slowest rate since Alibaba created the online shopping extravaganza in 2009. Alibaba is the owner of the South China Morning Post.A\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3155887\/singles-day-sales-hit-rising-anti-consumerism-sentiment?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostAnti-consumerism sentiment among young people in China concerned with overindulgence dominated the world\u2019s largest online shopping festival this year, adding to the recent social&hellip; <\/p>\n","protected":false},"author":0,"featured_media":26715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26714"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26714"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/26715"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26714"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}