Chinese consumers drawn to secondhand shops as spending sputters

Chinese consumers drawn to secondhand shops as spending sputters

Surrounded by racks of used winter coats, sweaters and household appliances, Chinese shoppers browse items at a secondhand store in Shanghai looking for bargains. Green Cycle, the secondhand garment shop that shares a mall basement with three other sellers of used fashion, is part of a growing trend fed by budget-conscious shoppers amid slowing wage growth and a years-long property crisis in the world's second-largest economy.