Black Friday defeated by Double 11, US may lose title of big

Black Friday defeated by Double 11, US may lose title of biggest consumer market to China

As online sales of Black Friday, the biggest shopping spree in the US, declined for the first time in recent years due to a litany of challenges and risks, Chinese analysts said on Sunday that the US may lose its status as the world's largest consumer market to China, where the Double 11 online shopping festival two weeks ago continued to see new sales records.

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