China’s cash-strapped shoppers turn to secondhand and bargain buys

China’s cash-strapped shoppers turn to secondhand and bargain buys

Malay Mail Online - Money·2026-03-05 15:00

SHANGHAI, March 5 — In a Shanghai shopping centre, customers browsed racks of used winter coats, US$2 (RM7.90) trousers and household appliances — pre-used items that would have been out of place in a major Chinese mall a decade ago.

But these days, stagnating wages, youth unemployment and a years-long property crisis are making consumers rethink their spending.

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