Chinese consumers drawn to secondhand shops as spending sputters
Surrounded by racks of used winter coats, sweaters and household appliances, Chinese shoppers browse items at a secondhand store in Shanghai looking for bargains. Green Cycle, the secondhand garment shop that shares a mall basement with three other sellers of used fashion, is part of a growing trend fed by budget-conscious shoppers amid slowing wage growth and a years-long property crisis in the world's second-largest economy.
Surrounded by racks of used winter coats, sweaters and household appliances, Chinese shoppers browse items at a secondhand store in Shanghai looking for bargains. Green Cycle, the secondhand garment shop that shares a mall basement with three other sellers of used fashion, is part of a growing trend fed by budget-conscious shoppers amid slowing wage growth and a years-long property crisis in the world's second-largest economy.
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