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PDD just gave markets the latest warning on China's consumer. Where investors are looking instead

By CNBC   |   Sep 1, 2024 at 07:10 AM EST
PDD just gave markets the latest warning on China's consumer. Where investors are looking instead

China's consumer market is facing a slowdown, evident from PDD's drop despite strong fundamentals. Meituan and Trip.com, however, show resilience with positive earnings. Analysts are optimistic about Meituan's growth potential.

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