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Syntun: online sales during China's 618 shopping festival grew 4% YoY, a sharp drop from 15.2% growth last year, amid a persistent consumer spending slowdown (Evelyn Cheng/CNBC)

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Syntun: online sales during China's 618 shopping festival grew 4% YoY, a sharp drop from 15.2% growth last year, amid a persistent consumer spending slowdown (Evelyn Cheng/CNBC)

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Evelyn Cheng / CNBC: Syntun: online sales during China's 618 shopping festival grew 4% YoY, a sharp drop from 15.2% growth last year, amid a persistent consumer spending slowdown — BEIJING — China's consumer spending slowdown persisted in June, with growth during one of the country's largest online shopping …

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