November 11 marks Singles Day in China, the country's biggest annual shopping event, comparable in importance to Black Friday in the US. The day not only boosts sales for retailers and online companies like Alibaba and JD.com, but also reflects consumer sentiment and economic activity in the country. In this article, we will look at how the rise in sales in China affects US stock markets, international commodities, and investments, and why this event is important for Russian investors. Singles' Day in China: Impact on Stock Markets and the Global Economy On November 11, China celebrates Singles' Day — the largest sale in the world, comparable to Black Friday in ...

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