China’s Pingti Economy 2025 Redefines True Value

China’s Pingti Economy 2025 Redefines True Value

Walk into any Chinese e-commerce platform in 2025, and you’ll witness the wave of the Pingti Economy 2025, where consumers prioritize smart spending over high-end logos. “Pingti” (平替) refers to affordable alternatives or “value-for-money dupes,” but this movement goes...