How E-Commerce Is Making China’s Deflation Worse

The push by Pinduoduo to lower prices has helped it become one of China’s fastest-growing e-commerce apps, and epitomizes a broader force plaguing the economy. China, Economic Conditions and Trends, Deflation (Economics), E-Commerce, Prices (Fares, Fees and Rates), Shopping and Retail, Discount Selling, Consumer Behavior, Computers and the Internet, Pinduoduo (Mobile App), Temu (Website), Alibaba Group Holding Ltd, Taobao, JD.com, Amazon.com Inc The push by Pinduoduo to lower prices has helped it become one of China’s fastest-growing e-commerce apps, and epitomizes a broader force plaguing the economy. NYT > Business

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